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  1. #1
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    Monthly Thai investing for a luddite simpleton.

    I have normal saving accounts with Kasikorn, Bangkok Bank and BAY.

    The best return is 2% with BAY paid monthly.

    So not bladdy much.

    Am interested in playing around with a set monthly amount each month. Thai stocks, SET, Forex, Bitcoin, etc.

    Why earn a measly 2% when you can spend a few hours a week/month and lose it all.

    What would you advise for getting started? Where to set up a Thai investment account, Forex account, Bitcoin account etc?

    Would prefer to transfer money in from the comfort of me mancave every month, and leave it there for a 12 month period to see where itís at. No need for highrisk plays, low risk 5% would be fine. To start it would be around 40-50,000thb per month that could be spread among a few different investments or thrown into one and left there.

    What to get started in and how?

  2. #2
    Thailand Expat raycarey's Avatar
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    why do you need to invest in thailand with thai banks/instiitutions?

    you're from the UK, right? take that 1000 pounds each month and invest it in a diverse array of low cost ETFs.

    if you really want exposure to thailand, ishares has THD but the fees are pretty high (.63%)

  3. #3
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    Quote Originally Posted by raycarey View Post
    why do you need to invest in thailand with thai banks/instiitutions?

    you're from the UK, right?
    Of the monthly overseas income, I'm happy to play around with that here. It will be money for Thailand anyway, so don't feel the need to transfer it back out again.

    Quote Originally Posted by raycarey View Post
    ishares has THD but the fees are pretty high (.63%)
    Now we're talking.

    What are they, how do I buy them, and what % would one likely be looking at between Jan 1st and Dec 31st 2018?

    Thanks.

  4. #4
    Thailand Expat raycarey's Avatar
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  5. #5
    Thailand Expat raycarey's Avatar
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    and if you want to keep the money in thailand....

    http://www.bloomberg.com/quote/NAKGTHA:TB


    but the fees are exorbitant.

  6. #6
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    ^^ Interesting, thanks.

    If I was to say, put 10k baht a month into it for 12 months, how would I do it?


    Remember:

    "Luddite"

    "Simpleton"


    Thanks.

  7. #7
    Thailand Expat raycarey's Avatar
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    ^^that's a mutual fund, but someone should be along soon to give you the name of a broker you can trade local ETFs and stocks with.

  8. #8
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    ^^ Ahh, Aberdeen. A name I'm familiar with.

    Hold quite a good name, from what I gather.


    Will look into them, cheers.

    Easy to set up an account and then transfer money in?

  9. #9
    Thailand Expat raycarey's Avatar
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    Quote Originally Posted by Luigi View Post
    If I was to say, put 10k baht a month into it for 12 months, how would I do it?
    contact aberdenn and open an account...set up a monthly debit from your bank account.

    Contact Us - Thailand - Aberdeen Asset Management

    but be aware of the fees....they really add up over 10-20 years.

  10. #10
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    Great, thanks.


    Would be interesting to put 25% of the monthly amount into that, then split the other 75% between another 3.


    If did say 10k per month into Aberdeen direct debit from my Thai bank account, for 12 months, then pulled it all out, what sorta fees would one usually be looking at?


    thanks again.

  11. #11
    Thailand Expat raycarey's Avatar
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    the link i posted shows 1% redemption fee, 1% back load and 1.97% expense ratio. i don't know what the time period is for avoiding aberdeen's redemption fee, but you should dodge it at 12 months....but that 1.97 is enormous.

    so, if your investment at aberdeen made 10% (it's up 12% YTD)...at best you'd only get 7% after giving them their piece....and that really adds up over time.

  12. #12
    Thailand Expat raycarey's Avatar
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    again, someone will be along soon who is far more knowledgeable than me on investing in thailand (and investing in general)....but my two biggest pieces of advice are to diversify and check the fees.

  13. #13
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    Cheers. Thanks for the info.

    Quote Originally Posted by raycarey View Post
    so, if your investment at aberdeen made 10% (it's up 12% YTD)...at best you'd only get 7% after giving them their piece....and that really adds up over time.
    That 7% would be better than 2% in a BAY account. Will give it a look, thanks. 7% low risk and low effort (on my part) would be fine.

  14. #14
    Thailand Expat raycarey's Avatar
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    Quote Originally Posted by Luigi View Post
    7% low risk and low effort (on my part) would be fine.
    FWIW, i don't consider investing in thailand to be low risk.

  15. #15
    I am not in Jail AntRobertson's Avatar
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    I'm very much in the same boat as Lulu when it comes to being clueless about this sort of thing and I've been considering doing something very similar (although outside of Thailand).

    Keep hitting impediments about being non-resident in trying to sign-up for stuff though.

  16. #16
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    I presume this is the Monthly Investment Plan (MIP) I'd be looking for with Aberdeen.

    MIP - Thailand - Aberdeen Asset Management



    Would it happen to come with fancy monthly graphs etc that look good ( ) and also a quick n easy way to withdraw all the money at the end if I choose? To withdraw from an investment group like Aberdeen is it just a matter or clicking on a few buttons on your online account with them and it transfers all your money into your specified bank account?

  17. #17
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    Government 1 year bonds?

    Thailand 1.48%
    Bahrain 2.78%
    Malaysia 3.3%
    China 3.6%
    Vietnam 4%
    Colombia 5%
    India 6%
    Brazil 7%
    Russia 7.9%
    Turkey 13%
    Ukraine 15%
    Egypt 17.7%

  18. #18
    Thailand Expat raycarey's Avatar
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    ^

    nice returns, but how would lulu get access to invest in egyptian bonds?

  19. #19
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    Quote Originally Posted by raycarey View Post
    someone will be along soon who is far more knowledgeable than me on investing in thailand
    Buy $$$. After the meeting in Peking T-Xi the dollar will go high for sure...

  20. #20
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    Quote Originally Posted by Luigi View Post
    I have normal saving accounts with Kasikorn, Bangkok Bank and BAY.

    The best return is 2% with BAY paid monthly.

    So not bladdy much.

    Am interested in playing around with a set monthly amount each month. Thai stocks, SET, Forex, Bitcoin, etc.

    Why earn a measly 2% when you can spend a few hours a week/month and lose it all.

    What would you advise for getting started? Where to set up a Thai investment account, Forex account, Bitcoin account etc?

    Would prefer to transfer money in from the comfort of me mancave every month, and leave it there for a 12 month period to see where itís at. No need for highrisk plays, low risk 5% would be fine. To start it would be around 40-50,000thb per month that could be spread among a few different investments or thrown into one and left there.

    What to get started in and how?
    good point, if you want to lose it all fast, try a FOREX account and follow their buy/sell signals

    alternatively, wait for a bitcoin High just bedore some regulatory announcement

    and at last, invest in a slowly dying Pattata Pie business started by a Thai house wife

  21. #21
    Utopian Expat
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    How to make a small fortune in Thailand by Lulu



    Start of with a big one

  22. #22
    Thailand Expat tomcat's Avatar
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    Step one for investing anywhere: educate yourself...this doesn't have to be a monumental task, but more of a hobby. Professional financial advice abounds on the internet from reputable sources: pay attention, take notes, formulate a plan, execute...or have another glass of wine and wonder what the peasants are doing...
    Majestically enthroned amid the vulgar herd

  23. #23
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    Quote Originally Posted by raycarey View Post
    FWIW, i don't consider investing in thailand to be low risk.
    I agree. At the crazy valuations of stock markets worldwide, I don't think anywhere is low risk these days.

    That said, I'm still investing but under no illusion that anything I'm doing these days is low risk.

    Keep a lot of cash and one day it will make you a truckload of money. That's my working theory these days anyway.....one more crash should hopefully do it.

    Quote Originally Posted by tomcat View Post
    Step one for investing anywhere: educate yourself...this doesn't have to be a monumental task, but more of a hobby. Professional financial advice abounds on the internet from reputable sources: pay attention, take notes, formulate a plan, execute
    This is good advice.

    One last thing on forex: Don't do it. I put a lot of research into it and left fully convinced that 99% of people who trade forex have zero fucking clue what they are doing. All their theories and graphs and candles and wicks is all just complete bullshit.

    If you absolutely must do it, just trade the momentum/price action, set tight stop losses and leave it at that. Just my 2 cents

  24. #24
    disturbance in the Turnip baldrick's Avatar
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    2500 USD for a DCR ASIC delivered next year june and 30USD a month for a CoLo

  25. #25
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    Quote Originally Posted by redhaze View Post
    99% of people who trade forex have zero fucking clue what they are doing.
    Sounds like I'd be right at home.


    Aberdeen will get 25% or 33% of it, depending on if I can find another 2 or 3 options that I'm comfortable with.

    Cheers Ray, cheers Redhaze n Tommers.

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