Carry Trade

[godoftrading]

1. Borrow Yen at 2% at IB.
2. Purchase a basket of J-REITs (Japanese Real Estate Investment Trusts) at single digit P/Es, 40% of book value, and double digit dividend yields
3. Profit!

 

[portomar]

1. Borrow Yen at 2% at IB.
2. Purchase a basket of J-REITs (Japanese Real Estate Investment Trusts) at single digit P/Es, 40% of book value, and double digit dividend yields
3. Profit!

how do we do it though?? i dont, presently, have a japanese bank account.