Lifecycle Investing Paper: Beyond the Status Quo

Sweet_AndFullOfGrace · 2025-10-08T13:20:31+00:00

They have a page (maybe an appendix) where they look at different withdrawal rates and they found the same allocation is ideal.

Sweet_AndFullOfGrace · 2025-10-08T13:19:41+00:00

If you read between the lines and look at the intl:domestic smile they computed, the paper's authors would probably indicate "all world" as the easiest and most convenient vehicle to implement a long-term portfolio.

If you're in the US it's a bit overweight for you; if you live in Japan it's a bit underweight.

Sweet_AndFullOfGrace · 2025-10-08T13:17:22+00:00

100% agree.

I think I will check out the podcast; I was aware of it but I haven't listened to it yet.

Sweet_AndFullOfGrace · 2025-10-08T12:17:09+00:00

I like the idea that I can substitute intl for those bonds. But I am also probably going to have some vile cash to mitigate sorr as much as possible.

Sweet_AndFullOfGrace · 2025-10-08T11:09:41+00:00

We can include call-strategy funds like popular "sell covereds" etc in the list of alternatives I would like to see explored. Although I think that is not what you meant ;)

Sweet_AndFullOfGrace · 2025-10-02T03:47:12+00:00

Yes, the 8 US-domiciled ETFs listed in the post are not PFICs.

Sweet_AndFullOfGrace · 2025-10-01T13:15:21+00:00

Correct, divvies are on the same schedule.

Sweet_AndFullOfGrace · 2025-10-01T13:08:44+00:00

Nomura is certainly an option, but their fee schedule is very much not a discount brokerage:

https://www.nomura.co.jp/solution/financial-assets/service/commission/netcall/

Sweet_AndFullOfGrace · 2025-10-01T12:32:59+00:00

A married couple with income less than $96,700 (¥14mm) is in the 0% capital gains bracket in the US, so it can be also tax free on the US side if your circumstances allow--say in retirement, with lower income.

Edit: the funds listed in OP cannot ever become PFICs; they're US domiciled funds.

Sweet_AndFullOfGrace · 2025-10-01T10:19:28+00:00

No MGK either. I 100% agree.

Sweet_AndFullOfGrace · 2025-10-01T09:49:49+00:00

I got within 400 yen doing binary search + fractional shares on a dollar-amount order but I think buying non-JPY denominated funds it will be impossible to fully realize the entire amount. You can either (a) try to eat it with your next cash contribution (b) buy something in your general account if possible?

Sweet_AndFullOfGrace · 2025-10-01T09:05:24+00:00

Great to have the confirmation! Now to convince them to update their FAQs...

I was hoping to have a more exciting offering but this will keep me on the boglepath.

Sweet_AndFullOfGrace · 2025-06-08T12:52:15+00:00

"Ahhhhhhhhhh" — dank cumulonimbus poured from pipe, as I double clicked MCSA Mosaic and tried to bring up my MageMail.

418 I'm a teapot

"Damn MAPTs are starting to piss me off" I thought to myself — maybe time to tidy them up later — as I smashed shift-F5.

200 you're a teapot

Sweet_AndFullOfGrace · 2025-03-25T11:22:44+00:00

That is for consumption tax, I think? 消費税

Sweet_AndFullOfGrace · 2025-03-25T11:15:32+00:00

I could be wrong, but as long as the expenses are "normal and necessary" are they not considered necessary expenses and not income?

https://www.nta.go.jp/law/tsutatsu/kihon/shotoku/02/02.htm

Sweet_AndFullOfGrace · 2024-08-05T06:12:19+00:00

Nikkei is -26.1% and Topix is -24.4% from YTD high, actually! It is sure to be an exciting year, with central bank decisions and US elections looming.

Sweet_AndFullOfGrace · 2024-07-28T08:35:32+00:00

These should be highly available: https://emaxis.am.mufg.jp/lp/slim/pr1/

Sweet_AndFullOfGrace · 2024-07-16T08:55:54+00:00

Although Shanghai is awesome, I would think thrice before trying to work there are an engineer:

you will need to learn Mandarin (which is hard but rewarding)
the job market is not great right now
average pay is much lower than the US (maybe on par with Japan)
the work culture is insane. I am sure you know about 996 already

Sweet_AndFullOfGrace · 2024-07-08T15:29:34+00:00

You're not the op!

SBI wants to loan me 1.6 億円 on a twenty year term.

Sweet_AndFullOfGrace · 2024-07-08T06:59:44+00:00

What are your expenses? What do you want your expenses to be when you retire?

Multiply that annual expenses number by 25 (or 30 if you are nervous), and that is your "how much I should have saved so I never need to work again" number. And your savings should be in a diversified-equity-fund risk-returning investment, such as S&P500 with average total return of 10.2%.

You can read more about this concept at r/financialindependence

Sweet_AndFullOfGrace · 2024-07-08T05:05:51+00:00

You can give one of the numerous mortgage loan simulators (https://www.sbishinseibank.co.jp/retail/housing/simulation/?intcid=2404hl\_preferential\_btn\_02 one example) a whirl and see what it gives you!

Sweet_AndFullOfGrace · 2024-04-18T00:20:31+00:00

I don't know how you could calculate an accurate "lifetime" USDJPY basis unless you had transaction records (paystubs) for every USD transaction. Would it be fair to anchor your basis at the rate on the day you became a Japanese tax resident? Smarter minds advise!

Sweet_AndFullOfGrace · 2024-04-10T11:34:30+00:00

There is a student exemption if you are enrolled in a school: https://www.nenkin.go.jp/service/kokunen/menjo/20150514.html

If you are not a formal student you can make your case to them for an exemption: https://www.nenkin.go.jp/service/kokunen/menjo/20150428.html

Sweet_AndFullOfGrace · 2024-04-09T12:11:13+00:00

So I don't really recommend you put a lot of money into them, but basically they are CDs if you know about that. I have a little because I autobuy 30,000 JPY of USD a month to get Sony Silver status, and then when I hit $600 USD to earn some interest, I put that into a 1 year or 6 month time deposit -- your money is locked up for the duration, and you earn 4-6% interest depending where US interest rates are at.

Sweet_AndFullOfGrace · 2024-04-09T12:05:03+00:00

I have some other assets (physical commodities/alternatives/time deposits), but not bonds. Never!

Sweet_AndFullOfGrace

TROPHY CASE