I created a NISA account earlier this year and have been depositing money into it every month.
But at the moment it's just making me lose money.
I'm buying a developed country fund (tawara no load), so I guess most of the stocks are in USD in the US market?
Does this mean the stronger the JPY is, the less my stocks are worth in JPY?
Does it make sense to keep investing into all country funds if I plan to retire in Japan?
Or would it be better to invest solely in the Japanese market?
I also looked into all country funds with currency hedging but the return rates were terrible…
Wouldn't it have been better to just have the money sit safely in a typical 0.0000001% savings account in some Japanese bank??
by tirafesi