I want to invest about 15 million JPY in higher yield investments and am OK with taking some risk. Back home, I would probably follow the Boglehead strategy and dump it all into some index funds.
Unfortunately, I am restricted from buying funds that are not listed in Japan.
But as a US taxpayer, PFIC rules obviously make Japanese funds a poor choice.
I am not restricted from purchasing normal stocks in either the US or Japan. I am looking for a low-maintenance “buy and hold” strategy.
Anyone else in a similar situation? What did you end up doing? Just looking for ideas, not professional advice.
Thanks in advance.
by cabbages-patch-kings