Lessons From Japan’s Lost Decade(s)

Lesson's from Japan's Lost Decades

Following an epic collapse of double bubbles in the stock market and real estate prices, Japan “suffered” 2+ decades of stagnation and deflation.

You would be hard pressed to find somebody who hasn’t at least heard of Japan’s Lost Decade(s.) It’s a popular topic people raise as soon as our early retirement and living off an investment portfolio comes up in polite conversation.

“Oh man, what are you doing to do when the United States (inevitably) experiences it’s Lost Decade(s)?!”

“20 years of 0% investment performance is bound to put a dent in your retirement plans, hehe”

“I want to retire early too but I’m really concerned about a Japan-style financial collapse. What can I do?”

That last question is probably the best – What lessons can we learn from Japan’s challenging times?

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Award Travel Series Part 2: Transferable Currencies Explained

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In last week’s article, I gave a high-level view of award travel by introducing terminology, outlining basic earning and redemption strategies, and, hopefully, enticing you to give this travel hacking thing a shot yourself. 

That post included a lot of information in a small number of words, so over the next few weeks I’ll be circling back to unpack various topics to explain them in more detail to give a deeper understanding of how to best use miles and points for luxury travel. I’ve also made note of the ideas and suggestions mentioned in the comments which I will weave into future posts. 

Today, I’ll cover one of the most important topics in award travel: transferable currencies

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