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It's unfortunate as Japan just has picked up NISA [1] (kind of IRA) and some excitement around that has been growing. They needed more time to get comfortable w
by flakiness 2y ago
It's unfortunate as Japan just has picked up NISA [1] (kind of IRA) and some excitement around that has been growing. They needed more time to get comfortable with investment vs. let their savings sleep in the bank accounts.
I hope they don't take this lesson as "investment is scary, stay away" but stick to their investment.
[1] https://en.wikipedia.org/wiki/Nippon_individual_savings_account https://en.wikipedia.org/wiki/Nippon_individual_savings_acco...