Hideo Ohashi, Prof. Emeritus

University of Tokyo & Kogakuin University
The Window to Society after Retirement from Engineering Education


 This top page is to transmit the proof that I am still alive and enjoying retired life, mainly to my relatives, friends and former students. A story or an event is selected from daily life and my thoughts and experience are introduced.

From Daily Life - 91: Asset management

 Asset management is often thought of as something reserved for the wealthy, but it's also a major concern for every retiree. When you retire from all work and your only income becomes your pension, your first concern is whether you have enough savings to cover expenses that your pension won't cover.
 In 2000, the Financial Services Agency caused a stir when it announced an estimate that "Elderly married couples will be short approximately 20 million Yen over the next 30 years of retirement." While much criticism followed, this was the first time a specific figure had been presented by the government. It revealed the reality that 70% of elderly households have savings that fall short of this amount.
 I retired in 2011, and fortunately, my savings at the time exceeded that amount. The question was how to maintain it. There are a wide range of options, from cash in a safe to bank deposits or investment. Because I had been not interested in asset management, I kept everything in the bank.
 After I retired, I started receiving frequent calls from my bank. In this era of ultra-low interest rates, interest on fixed-term deposits isn't even a pittance. I was advised to consider investing in investment trusts and other investment strategies. For seven years until 2017, I followed the bank's recommendations and invested in a total of seven mutual funds. Some produced profits, others losses. Gradually, I grew tired of being swayed by the occasional gain or loss and began seeking a more stable investment option. That's when my bank told me about fund wraps.
 Fund wraps are a method of diversifying investments in a set ratio across Japanese stocks, foreign stocks, Japanese bonds, foreign bonds, REITs, etc. aiming to balance risk and return while generating profits. From aggressive portfolios with a high proportion of stocks to stable portfolios with a high proportion of bonds, securities firms offer several portfolios (combination ratios) and allow investors to choose.
 Since 2018, I've concentrated all of my funds, except for a modest fixed-term deposit, in balanced fund wraps, which aim for a more moderate position. Some people shy away from fund wraps because of their higher management fees compared to mutual funds, but I accept that these are fees for risk diversification.
 Eight years have passed since then. I only occasionally checked the market capitalization, and my investments were completely hands-off, just as I had hoped. While there were several downturns during that time, including the COVID-19 pandemic, market capitalization grew beyond expectations, riding on the momentum of a global stock market boom.
 The graph above shows the trends in the Nikkei Stock Average and the Dow Jones Industrial Average since the beginning of this century. They look surprisingly similar. Since overcoming the 2008 Lehman Shock crash, stock prices have generally continued to rise. The past eight years have been particularly strong, with average stock prices in both Japan and the U.S. increasing 2.5-fold. Investors in stocks have likely enjoyed significant returns. While stocks account for roughly half of my balanced fund, I still benefited from a 1.7-fold increase in my total investment. This translates to an annual interest rate of 7.0%, far superior to bank deposit rates. Over the same eight-year period, Japan's consumer price index has risen 1.13-fold.
 How do you manage your retirement savings? It's all a matter of personal responsibility, and each individual is unique. I hope you would read my own case as an example. I have summarized the experiences I gained so far as follows:
 If you are looking for a safe and secure investment, start with the determination to continue for 10 years. The energy overflowing around the world striving for economic growth, will surely meet your expectations, regardless of the occasional economic ups and downs.



→ Past Top Pages

   
"From Daily Life"
        
1: Tracing family roots
        
2: The second last car
        
3: August 15. my memorial day
        
4: Battlefield rations
        
5: Begginer at the gym
        
6: Fuji View Hotel
        
7: Lesson in Hiragana writing by brush
        
8: Moving from old to new smartphone
        
9: Living alone in my second year
        
10: Welcomed by cherry blossom
        
11: Eden of peach blossom
        
12: Tama River Walk
        
13: Chichibu Pilgrimage
        
14: Bonds with local community
        
15: About my homepage
        
16: Annual report of athletic gym
        
17: Pilgrimage to Mt. Tsukuba
        
18: Reunion of alumni and classmates
        
19: Braking by left foot
        
20: Battlefield rations in the sequel
        
21: Granddaughter has come!
        
22: Visit to Kobayashi Residence
        
23: Wake-up exercise
        
24: Digital photo album
        
25: Seven tools for brushing teeth
        
26: Ambulance
        
27: Quick report on drive monitoring
        
28: Hearing aid
        
29: Jindai Botanical Park
        
30: 2020, a historic year
        
31: Topics of eye
        
32: Final report on drive monitoring
        
33: Cognitive ability test
        
34: PCI to prevent heart infarction
        
35: Ashikaga Flower Park
        
36: 90 years old supported by medication
        
37: 3 years with Subaru
        
38: 45 years living in Seijo
        
39: Caspian Sea yogurt
        
40: Home Museum of Aunt Zschäbitz
        
41: Reunion of university classmates
        
42: Okutama spar tour
        
43: New Year's greeting card
        
44: Implant
        
45: Fuchu Forest Park
        
46: Grave closing
        
47: Walking group of local community
        
48: How-to books for the elderly
        
49: Home altar
        
50: Such a life
        
51: Knee of the elderly
        
52: Metropolitan Kinuta Park
        
53: Shirakaba Art Museum of Kiyoharu
        
54: Haiku; Metasequoia
        
55: Three years with COVID-19
        
56: Battlefield rations in the 6th year
        
57: Hearing impairment
        
58: Shinjuku Station
        
59: Haiku with photograph
        
60: Moving to 5G smartphone
        
61: History of private cars
        
62: Setagaya Art Museum
        
63: FreeCell
        
64: Turbo
        
65: Hinata Temple of Yakushi
        
66: Moving of home computer
        
67: Amakusa tour
        
68: Hand craft as a hobby
        
69: Kitami Community Square
        
70: Photo-Haiku 2
        
71: Support scam abusing Trojan Horse
        
72: Bedside gym
        
73: Metropolitan Nogawa Park
        
74: Family funeral
        
75: Sudoku (Number Place)
        
76: Photo-Haiku 3
        
77: Ohyama Afri Shrine
        
78: Kunisaki Peninsula tour
        
79: The old school system is far away
        
80: Cooking group of local community
        
81: Motor fan group of local community
        
82: Directories disappear!
        
83: Tunnel ventilation
        
84: Hearing aid renewal
        
85: Photo-Haiku 4
        
86: Digital records of life
        
87: 80 years after the ceasefire
        
88: Diagnosis of walking ability
        
89: Tracing back in time
        
90: Tour around castles and potteries

   
"Memorable Scenes"
          Series 1: Parade with Doctor hat on the head
          
Series 2: Calligraphy in a frame
       
Series 3: A young man from the Orient
        Series 4: Sumo-stamping
        Series 5: Waiting room of Shanghai Station
        Series 6: Let's Walk Festival
       
Series 7: Last long-distance drive
          Series 8: My Car No. 3
          
Series 9: Ski camp
          
Series 10: Safari experience
        
Series 11: First encounter with dogwood
        Series 12: Mt. Fuji

   
"Treasure Box of Words"
          Series 1: Virtue brings profit
          Series 2: Wait for a ripe moment
          Series 3: Catch the symptoms
          Series 4: Words are selected metaphors
          Series 5: Start with two humans
          Series 6: Optimism is a will, pessimism a mood
          Series 7: Atop a summit, and another becomes visible
          Series 8: We see only what we want to see
        Series 9: Chanllenge is the privilage of the young
        Series 10: Today is the first day of my life

   
Engineer Series 1: Who's engineer, juveniles' answer
          Series 2: Corus of "We raise engineers!"
          Series 3: From Nobel Prize to Gold Medal
          Series 4: Professionals in three categories
          Series 5: Various tasks in engineering
          Series 6: Classification of EPs by IEA
          Series 7: Science, technology and related professionals
          Series 8: Proposal for the classification of engineers
          Series 9: Revised proposal for the classification of engineers
          Series 1 - 10: Whole Series including summary and remarks

    Cartoon Series 1: Mechanism of viscosity
          Series 2: Mechanism of loss generation
          Series 3: Commuter packer and enthalpy
          Series 4: Skinny grasshopper and fat pupa
          Series 5: From hand-drawn picture to ready-made clip art
          Series 6: Why do you learn? - 1
         
Series 7: Why do you learn? - 2
          Series 8: Two Sciences
         
Series 9: Scientist and Engineer
          Series 10: Science and Non-science
        Series 11: Structure of human relations
        Series 12: Oriental subconsciousness

   
Nostalgia Series 1: The first own car
          Series 2: The first driver's license
          Series 3: Comparison of German and Japanese Diploma
          Series 4: The first air travel
          Series 5: Tachometer used 60 years ago
          Series 6: The three sacred calculators
          Series 7: The first home computer
          Series 8: Sentimental journey to Nordkapp
          Series 9: Change of photograph
          Series 10: Story of passport

   
The others

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Let's find facts!  Final version revised in August, 2016.

Japanese universities found in statistics

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Brief Self Introduction
Mail address: PGA02322@nifty.com
Place of residence: Tokyo, Japan

Major Past Activities

Membership of Academic/Professional Societies

Curriculum Vitae

Recent Publications

The center of gravity of recent publications has been shifting from those with the topics in fluids engineering to those in engineering education. Please refer to Publications List of the recent papers written in English.