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  • fuckedgaijin ‹ General ‹ F*cked News

Your gonna be Rich: a rising Yen

Odd news from Japan and all things Japanese around the world.
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Your gonna be Rich: a rising Yen

Postby Skankster » Thu Aug 19, 2004 4:38 pm

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Techs Lead Stocks Rally as Oil Sets High
Thursday, August 19, 2004 2:47 a.m. ET SINGAPORE (Reuters) - Asian shares rallied on Thursday, with Taiwan jumping more than 3 percent, as technology issues chased a rise in their U.S. peers and investors showed resilience to record oil prices.

Yen Keeps Gains, Capped by Murky Outlook
Thursday, August 19, 2004 2:23 a.m. ET TOKYO (Reuters) - The yen kept most gains against the dollar on Thursday after rallying to a four-week peak, but investors saw no reason to push it higher due to growing uncertainty about the outlook for the Japanese economy.

Oil Above $47 After New Record
Thursday, August 19, 2004 2:21 a.m. ET SINGAPORE (Reuters) - Oil prices struck another record high on Thursday and remained supported above $47 by a fall in U.S. crude stockpiles and threats by insurgents in Iraq against oil facilities.

Tokyo Stocks Rise as Techs Rally
Thursday, August 19, 2004 2:15 a.m. ET TOKYO (Reuters) - Tokyo's Nikkei average climbed for a third straight day on Thursday, rising over one percent as a rally in New York boosted tech issues such as Toshiba Corp and Shin-Etsu Chemical

Dollar Up a Bit Against Europe Currencies
Wednesday, August 18, 2004 4:48 p.m. ET NEW YORK (Reuters) - The dollar was a little stronger against the main European currencies but weaker against the yen on Wednesday, with the Japanese currency rallying across the board as dealers adjusted positions.




It would certainly be a bad time to leave Japan wouldnt it!
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Re: Your gonna be Rich: a rising Yen

Postby Taro Toporific » Thu Aug 19, 2004 4:45 pm

Skankster wrote:-It would certainly be a bad time to leave Japan wouldnt it!


Nah, EVERYDAY is a grrrreat day to leave Japan...especially when it's 34C which is about 2,803F in real temperature.
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Re: Your gonna be Rich: a rising Yen

Postby mr. sparkle » Fri Aug 20, 2004 8:38 am

Taro Toporific wrote:
Skankster wrote:-It would certainly be a bad time to leave Japan wouldnt it!


Nah, EVERYDAY is a grrrreat day to leave Japan...especially when it's 34C which is about 2,803F in real temperature.


Taro san, forever trying to eXcape the concrete buttplug - which holds new meaning for me now after thumbing thru "Dogs and Demons"....

I think I finally understand the love/loathe complex here.

We'll laugh about it someday sipping cool bevs on the redwood deck at the house I'm gonna buy in Mill Valley (yeah, right)... :lol:
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- Shohei Imamura
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Postby Watcher » Fri Aug 20, 2004 8:47 am

I don't see how, from your quotes, you feel everything is rosey. In fact, I see the opposite.

Japan's Yen is no where... I'm from Canada and the Yen-Canadian$ is worse now then when I went to Japan more than 4 years ago.
Japan has no oil... and diminished energy producing capabilities (should the nuclear shutdown and clean up go in effect as proposed by KEPCo).

Meanwhile my holdings in oil transporters and natural gas fields have risen steadily all year and still pay out dividends near double digits.

Where do I live now? Vancouver. Where the selling price for homes have increased anywhere from 20%-80% over th past 5 years and I got a view of loads of trees and sunsets over the ocean. I left in May.

I believe it is a very good time to go.

BTW... There are loads of Japanese here and I have a Tonkotsu ramen shop just down the street from me... and a yakitoriya that just opened... and loads of girls only here for a few months (with no parents or friend giving them cause for inhibitions).

Yes, it is indeed, a very good time to go.
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Postby Skankster » Fri Aug 20, 2004 10:53 am

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I dont know the Canada situation so lets start with a few questions:

- What is your annual income?
You may not want to answer that but I think that is where the diff may lay.
- Do you get a bonus?


most certainly when Japan is slow it is slow; But when Japan's Economy heats up it is HOT.



But that is really nothing.
My property in LA has tripled in the last 5 years.
My cousins, who is in the Silicon valley, his property went 10 fold.

The point here is that the money is wherever the Economy is booming.
I think it is safe to say that as the economy gets better (along with the yen) that property value will go up faster here in Japan.
And if our incomes are higher. We will be that much richer.
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Postby Watcher » Fri Aug 20, 2004 4:22 pm

Q: What is your annual income?

A: That question is really not the issue. In general Canadian salaries are far less than Japanese (certainly the Eikaiwa teachers would never get so much for generally doing so little here). I have been able to get as much as I was in Japan right away.

Q- Do you get a bonus?

A- Again, I'm not sure why this is asked... if it's to compare the excellent bonuses that many Japanese enjoy... wel, I didn't know any gaijin getting that. I didn't get any bonus, except for working on Sunday, and I don't get one here cause I'm self-employed.

Quote:
My property in LA has tripled in the last 5 years.
My cousins, who is in the Silicon valley, his property went 10 fold.

Sure, some properties do that. I know a guy in NZ who got 70% in one year. You can certainly get lucky with great numbers like those in these countries... and will generate good returns consistently. My theory is that fairly open immigration policies contribute to such consistent increases and limited risk in value. It was mentioned on NHK, back in the Spring, that again property values had continue to fall... except in a corner of Chiba next to TDL and around major Toyota factorys (Toyota has an aggressive home ownership program for its employees). Bubble or not, an overwhelming number of people have lost massive amounts of money from property over the last 11 years (I know some have lost, on paper, about 2/3 of their investment).

Quote:
The point here is that the money is wherever the Economy is booming.
I think it is safe to say that as the economy gets better (along with the yen) that property value will go up faster here in Japan.
And if our incomes are higher. We will be that much richer.

And my point is that I don't think that booming is in Japan. Don't get me wrong, I think Japan will do well... but don't be expecting heady times again. Disclosure: I own some shares of an index fund based on the Nikkei225. The MCSI iShares Japan (symbol NYSE:EWJ) and have done well with it since Japan hit rock bottom last year... I caught it on the way up and plan to hold on for the long term.
But facts remain... too long to list, for why Japan will never regain that economic dictator position again and that property values will not increase beyond their still too high levels.

Debate on :)
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Re: Your gonna be Rich: a rising Yen

Postby Buraku » Mon Apr 07, 2025 6:32 pm

Wall St crash

Bang!

the machine of AI will give you stock advise




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Re: Your gonna be Rich: a rising Yen

Postby Buraku » Tue Apr 08, 2025 9:06 pm

Musk is giving them basic math lessons, says don't crash the world economy


Trumpists
such diplomacy, I'm not sure I could throw better insult attacks

the VP guy who married into the Caste System Street shitter culture throws insults

China lashes out at JD Vance for calling Chinese people ‘peasants’
https://edition.cnn.com/2025/04/08/chin ... index.html

Did...Fox News just admit that Trump's tariffs would lead to an American recession?
https://wegotthiscovered.com/politics/d ... recession/

Australia and Canada Poised to Join British-led Sixth-Gen Jet Fighter Program
https://nationalinterest.org/blog/buzz/ ... er-program

Germany looking to withdraw its gold from the US
https://www.mining.com/germany-may-look ... us-vaults/


'Looked at my 401(k) and gasped': Newsmax host shocked after tariffs hit personal wealth
https://www.rawstory.com/jon-glasgow-401k-tariffs/

Trump Threatens 104% Tariffs
https://gizmodo.com/trump-threatens-104 ... 2000585944

Comin' again to save the motherfuckin' day, yeah


America Fuck Yeah!

Brussels police arrest Rubio security detail supervisor after fight
https://www.washingtonexaminer.com/news/3368419/

China is Reportedly Considering Banning U.S. films as Part of Its Response to Recent U.S. Tariff Increases
https://www.comicbasics.com/china-is-re ... increases/



...Orangeman


says

may keep tariffs on Israel because we give them billions

https://gab.com/NeonRevolt/posts/114299359896980885



its over now シティ・オブ・ロンドン ?

that strange place 倫敦市 a tax haven off shore island sucking out energy and wealth

the energy just doesnt seem the same as 2016, poor old ‘Zion Don’ maybe he's getting pissed of with Bibi and the Mason Zionist plan, tariff and sanction all of the world, crash the world economy , sanction 'The Earth' until they allow Israel and Cité de Londinium to count all trade and move all those 30 pieces of silver
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Re: Your gonna be Rich: a rising Yen

Postby Taka-Okami » Thu Apr 17, 2025 8:34 pm

Agent Orange is gonna finish off the West, completing the plan of the left.

Why do you think they let him win.
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