October 4th is “Securities Investment Day” (104 = Toshi). It is set by the Japan Securities Dealers Association primarily based on a mixture of numbers. While private monetary property in Japan are at a document excessive, greater than half of the whole is in money and deposits, and the proportion of investments is decrease than in Europe and the United States.
In 2024, a brand new NISA (hereinafter known as “New NISA”) will start with expanded tax breaks for particular person traders. Will the shift from financial savings to funding proceed?