Question

I have a question. I have some funds with a certain company, and they have crashed. Pretty much every single fund this company manages collapsed.

Back home, anything with losses over 10% gets halted. Here, nothing happens. What shocks me is the lack of information from brokers. Mine never reported some crucial stats that I found reading other sites.

Again, back home, the broker would be responsible for the information provided.
I am a bit shocked by how shitty the system is in Japan, so I have sold every and moved all my assets to a different country.

My question is what the government's logic is behind allowing this to be part of the NISA scheme. People won't invest, and they will just keep cash. Why would I give my money to management asset firms that simply issue a statement saying "yeah, it crashed, but you have to pay the commission anyway".

I have been investing for over 14 years, and everyone told me to avoid Japan due to the strange commissions, and this "sorry, it happened" attitude.

by [deleted]

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