Reflecting on the double-era of Reiwa's past "The year 2013"
This is Reiwa no Double-I.
Reiwa no double I is before it becomes Reiwa no double I,
In 2013, after spending 5 million yen in savings, this is the scene where I dive into FX.
After all, merely saving would start to wear down my spirit, so
I was focusing on "reducing expenses,"
but I began to think, "Let me also challenge myself to increase income!"
and that became my mindset.
--------------------------------
And the first thing I started was
"foreign currency deposits."
It was around the start of Abenomics.
I opened an internet bank for the first time and
started foreign currency deposits.
...but at first I hesitated a lot.
Because,
I had a strong resistance to losing principal.
...but if I didn't do it, I wouldn't see growth...
After much hesitation, I decided to go ahead with it.
Then, as expected,
in front of my own eyes,
money would increase or decrease...
Even though I thought yen might depreciate with Abenomics,
I found I couldn't hold for long...
...before I knew it,
I was repeatedly buying and selling foreign currency deposits (lol)
Back then, the fee for USD/JPY foreign currency deposits was about 1 sen (lol).
While doing all that,
my eyes landed on a tab for an Internet bank.
"... FX?? What could that be??"
This was my encounter with FX.
Upon looking closer, I was amazed!
Fees (spreads) were as little as 0.1 sen!
That was when I felt, "This is it!"
Next time's ramble will cover what I traded first in Reiwa no Double I.
I'll talk about what I traded first.
Well then!