Відео

Ben、I have an unrelated question regarding Junior Nisas that I can't find an answer to elsewhere. Junior Nisa finished last year of course and you can't put any more money into it. Can my child continue to invest by opening up a regular Nisa and adding money to it or is there basically no option for children anymore?

2:20 not the full amount! Run the simulation, because the refundable limit is more like 10-30% depending on circumstances. Go over and you're just paying extra tax.

Having to pay for everything when my wife was unemployed got me started. I've opened my SBI account in January this year at 35, and slowly yet aggressively put my first 100 Fukuzawa until this month. I don't even know where this is going, but it was a necessary milestone to feel "started". I will probably calm down next year though. Currently it's all good since those numbers keep going up, but I'm not sure if I'm ready to see them going down. I know the basics: "don't panic mofo it's long term", but still😅

Of course it was worth it, you’re rich!!

Universally applicable advice. Well said.

Well, no wonder you lost your job teaching English with video thumbnails like."What price freedom?" ;-)

Which mutual funds one should purchase in Nisa accounts

What's your take on Bitcoin specifically, and Crypto in general in JP?

I hope many people will see this video. You are changing lives! I was also the type that would only be changed by a crisis, but thanks to your channel I made my start this year. Opened a NISA and filled my allowance with old savings. My next step is iDeCo, though I'm waiting until the changes come into effect on Dec.2 as it looks like the application process will be easier after then.

AML sucks to be a US citizen

i just invest in the US stock market through ibkr... up 50% so far this year. Cant do NISA as a us citizen, and i japanese stocks suck in general... constantly influenced by macro economic factors such as value of yen, china, interest rates, etc.

Hi, Saw your Jalt seminar a few years back and I’m finally ready to start a NISA or iDeco account. Which do you recommend I do? Any advice would be greatly appreciated 🙏🏻

I used to freak out about IH. I went to a seminar at the community centre, and I understood why I was the only one worrying. There are enough deductions to mean it it highly unlikely we are to be presented with a tax bill. Good advice on the will. I talk to the kids openly about these things. As for talking to the husband...🥴

So the moral of the story/tax is that if you come from a well-off family, you should knock off your parents before applying for permanent residency.

Already bought 2 will buy 4 or 5 more. Can make money from business and stocks It is just a possession like a pair of shoes Made my first million over 20 years ago. I buy whatever I want. Dont care what others think I should or shouldnt buy. Spend 50x as much on stocks and business. I own it I can do whatever I want Sell it if I want but I am in control. The costs are neglible compared to America.

If someone were to have a Military retirement (Tricare+disability) at 40 with their own house and about a couple million USD, what Visa options would they have and would it be worth staying there working under SOFA status?

My Japanese wife who lives in Australia with me has been saying this for 20 years. Interesting topic, I wonder how many studies have actually concluded this or is it based on a few cases. I've done100s of hours of work with dementia clients and can say communication in same-same language is less important than recognising body language from an aged care perspective.....don't stress.

Thanks Ben! Massive reader and watcher of your contents here. I bought your book and was very happy to tell you I made progress. I decided to go for Monex. My portfolio consists of just mutual index fund Tsumitate NISA. 50% of it is eMaxis Slim SP500 while the other 50% is eMaxis Slim All-Country. What do you think of it? Should I just choose one and focus on it? I wanted to ask this in the forum but I couldn't log in. Thank you!

Oh, that's scary. I remember reading that multilingual people are less prone to dementia, but you never know what will happen to your brain. I'm Japanese living in Germany and German is my third language. Would I lose both German and English?

If you get retirement money from outside Japan, let's say about 10 mil a year and you have assets for about 100 mil ..what would the taxes be?

The pages look pretty different now - I couldn't see "normal" and "easy" mode, but I figured it out, thanks to your video! Many thanks and more power!

Great advice. You should have way more followers!

You are the first person who confirms my suspicion. My coworker in Canada came from China. He is close to 65 years old and thus is preparing to retire soon. He lives in Canada for about 25 years and in the last 4-5 years I see his English is getting weaker than it used to be. Looking at him I'm preparing myself to this as well, since English is my second language, though I'm younger than my friend.

Nice points, Ben. As someone also mentioned, the ability to have pets is another plus for buying. Would love to see a video on the pros/cons of building a house in Japan. We're building with Ichijo and while we may not even retire here and want to sell in 5-7 years, we'd rather have a nice place to live and hopefully won't lose too much, if any. As you mentioned, buying/renting isn't strictly a financial decision, but we couldn't afford, let alone find, a comparable place.

Too late. Me Engirish not so goodly. 私の日本語上手じゃない

Having more than one language will not magically protect you from dementia, but it gives you a larger cognitive reserve than monolinguals, meaning that you have more time before the dementia becomes apparent.

I know this is a bit of a corny reference but in Firefox (the Clint Eastwood movie not the browser) the plane reads your thoughts so the pilot has to think in Russian. And I never thought about that until I realized that when I use Japanese I'm thinking in English and converting to Japanese instead of just creating the conversation in Japanese. This might be because when I took Japanese I really put my effort into reading and writing rather than conversational skills. And as someone that is soon to retire, medical issues are very relevant to me.

Hi there, thank you for all of your videos! Couple of questions. 1. How do I manage where the dividends are sent? Do they go into my rakuten securities account or do I need to set up a link to my personal account with my bank? 2. I want to keep investing my dividends back into the stocks. Is there a way to do this automatically? After I figure out where they actually get sent. Thank you :)

Nice point about home town tax and charity limits.

I have been thinking and worrying about this issue. I believe it is worse for people whose first language is not English, as they are even less likely to find others who speak their native language. However, technology will help hugely. I do not think I can put links here but what already exist in term of simultaneous translation is amazing. And it is just the beginning. It will become much better, cheaper and widespread in the coming years.

I'm not being a dick - best start to a financial video ever!!!!!!!

Great pointers in here Ben. Thanks for keeping these uploads coming. Often these periodic reminders from you on these subjects are timely and useful!

Just go to the Philippines with lots of cheap English speaking nurses. Japanese nursing homes have too many regulations. Even with good Japanese they would be a nightmare. Flights for 36K return from Tokyo

Is there any disadvantage in opening a bank account? Also, I could use a credit card to shop online. Is there any disadvantage in acquiring one here? Are there any hidden fees?

How to buy cyotro in japan from rakuten securities??

I wonder if how you acquire your second language makes a difference. Would learning more from immersion like with your first language make it more difficult to lose?

I didn't know this, but I personally hope that staffing shortages will force institutions to hire more from overseas, so that by the time I might need such care, or any elderly care, it will likely be provided by someone who can communicate in English.

Thats why I read the news in every language I learned to refresh, and watch media or play games in a different language every week. Its important to use it or lose it!

well i speak 4 languages i guess i gotta choose which one to drop haha

I'm not worried personally. If I have cognitive decline that gets to the point of being unable to speak Japanese, it's probably also going to be at the point where I'm not aware enough of my environment to really care where I live, so I'd be able to move back to the UK without losing much. Plus, people lose their first language with dementia too, so what's one more?

Great video! Though that “for everyone apart from American citizens” part is killing me here 😭

Great video and channel, definitely looking forward to more! I’ve been looking into investing here in Japan but was wondering if there were any English resources on it. I thought there might not be much but here you are creating useful informative stuff, much appreciated! Also, researching in Japanese is sometimes so much more time consuming (the pages or videos can get pretty long) so I can’t express enough how happy I am to have found your channel. Keep up the great work!

Lived here 33 years and now 71. Will be here until I die. Yes lots of good points; safe is number one. Prices were low for 30 years or so but now inflation is picking up, prices rising, and yen is very weak. So that isn't good. The future doesn't look that bright with an aging and shrinking population. The yen could really tank which is scary and a definite possibility. Govt debt has blown out. I have Permanent Residence but it is getting harder to acquire. If you have funds outside of Japan to draw on in retirement that would help.

I am disagreeing with the TV report. The second language will not fade away as you get older if you are always in the loop. Currently, I am 24 years old and my English has become the dominant language. My first language is Russian. At the university, my linguistics professors assured me that the language box formation when you were just born is all a bluff. It is all in your head, it is all about how you perceive your second language and how much effort you will put into it. I was never able to relate to my Russian peeps and the flow of English has not only been constant in my life, but I also experience it as a part of my identity.

Other than getting older, conditions like anxiety or isolation might also cause deteriorating memory of your second language.

You know what this is actually a fear of mine. I currently live in Japan nearing 10 years and I speak 3 languages, Indonesia (native), English (obviously) and Japanese (used daily). When I got back to my home country lately I found myself forgetting how to speak Indonesia and instead speaking Japanese unconsciously. For now I can still maintain the level of fluency but I feel like as I grow older it might become a harder task.

What happens if you use Japanese so much and neglect your English to the extent your Japanese overtakes your English ability? Which one will you forget?

Nobody really listens to anyways so I'm more concerned with muscle memory and the wipers/indicator mix up that happens from time to time when you're suddenly thrown a curve ball in traffic. 😅 To be fair, Japanese would be my third language and I mix up all three in my internal monologue all the time to the point that I make myself chuckle. If that's not slowly going bonkers, I guess I'm okay for now.

How common is this though? In general I've always heard that bilingualism makes you less likely to suffer from dementia, although I'm sure that genetics is the most important factor. Not that it helps those actually suffering, but I'd say only worth worrying about if you have the generic predisposition. Oh, and do note that women are much more likely to get it than men.