Happy New Year!
My results for 2023 were in good shape for both Japanese and U.S. stocks, with the highest assets at the end of the year.
Last year, COVID-19 was treated like the flu in Japan, and daily life returned to normal. Compared to other countries, Japan's prolonged COVID-19 restrictions caused the economy to stagnate and stock prices to slump, but the stocks I had purchased during that time rose in value across the board. The NASDAQ and S&P 500 also rose to near their highs.
This article calculates the exchange rate at "$0.0071/yen" (140 yen/$).
The sales and other figures used in this article are current as of the time of writing. The figures may have changed significantly depending on your viewing period.
Table of Contents(目次)
Year 2024
Japanese stocks in 2024, but I continue to expect record earnings prospects for my stocks and the accompanying stock price appreciation. In addition, U.S. stocks have a presidential election coming up and there is speculation of lower interest rates as inflation is under control. We can expect the S&P 500 Index to rise accordingly.
Projected additional investment in 2024
I expect to save and invest approximately $35,700 in 2024. The breakdown is expected to be about $28,600 in savings from work and $7,100 in stock dividends. This means that if stock prices do not fall, they will exceed $285,700 at the end of 2024.
Strategy for this year
This year, I will continue to invest primarily in stocks.
I plan to buy individual stocks in Japan and U.S. stocks such as the S&P 500, Berkshire Hathaway, and other all-country indexes.
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Bonds?
The price of U.S. Treasuries has fallen to an attractive level, and bond prices can be expected to rise if interest rates fall in the future. However, a decline in U.S. interest rates is likely to cause the yen to appreciate against the dollar, and Japanese investors are concerned about losses due to exchange rate fluctuations. I expect to benefit more from higher stock prices than higher bond prices, so I will continue to invest mainly in stocks.
Japanese bonds continue to have zero interest rates, and there is a possibility that interest rates will rise in the future. I have decided that I should not buy Japanese bonds now because rising interest rates will cause bond prices to fall.
Blog updates?
I will continue to post about
- Analysis of Individual Japanese Stocks
- Trends and current events in the Japanese market
- Changes in my assets
Lastly
Please come back to this blog this year! In the future, I plan to post an article with an analysis of my holdings. Please look forward to it.
The information on this website is not intended as a solicitation to invest or as investment advice. It is not intended to suggest or guarantee future trends in stock value, nor is it a recommendation to buy or sell. Investment decisions should be made at the user's discretion. While every effort has been made to ensure the accuracy of the information contained in this website, the website administrator assumes no responsibility for any errors in the information, problems caused by downloading data, or any other losses incurred as a result of trading in stocks or other securities.
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