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  1. #51
    Thailand Expat
    Airportwo's Avatar
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    Quote Originally Posted by sabang View Post
    My advice, start building up a portfolio of dividend paying shares. Ignore market swings- you've got a ten plus year outlook.
    Most financial advisors I don't trust, and frankly the best ones you can't afford.
    Don't be suckered into remarkably high interest rate 'opportunities', load of money been lost that way.
    I retired on a passive income four years ago! "my financial advisors" have made more money than I have over that time, in fact over the past twenty years! - Leeches!

  2. #52
    Thailand Expat Pragmatic's Avatar
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    Quote Originally Posted by slimboyfat View Post
    I pay my ex wife $3000 a month

  3. #53
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    3000 SGD a month, that will include money for the kids I assume, not too bad

    buy the house in the UK, good plan

    try to buy another in France or Spain

    apartments could do, above all in Spain near the beach, to rent out on AirBNB for the summer

    Portugal is always a cheap place for housing, 300K EUR will buy you a nice place

  4. #54
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    Quote Originally Posted by sabang View Post
    My advice, start building up a portfolio of dividend paying shares. Ignore market swings- you've got a ten plus year outlook.
    Most financial advisors I don't trust, and frankly the best ones you can't afford.
    Don't be suckered into remarkably high interest rate 'opportunities', load of money been lost that way.
    financial advisors here in Thailand are mostly scammers, everyone of them I met was trying to sell some "expensive" savings plan where you basically finance all their fees for the next 20 years. Incidentally, most were British, which tells you something about the moral compass of those English

    Dividend paying shares will not be enough to pay for your retirement, only active trading with skills could do, but that's also expensive to run in time and money. Most of my US clients when I was stationed in Bangkok made between 700% and 1500% on their money over 10 years, but it took a lot of time and resources to run, so min portfolio size had to be 1m USD min eventually.

  5. #55
    disturbance in the Turnip baldrick's Avatar
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    Bitcoin

    Though I have decred because when you stake it to vote and assist in securing the network you receive a portion of the block rewards. Averages out to about 20% a year.

    At the moment you need about 5k of DCR to be able to purchase one ticket to enable you to participate in the voting

  6. #56
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    Get ordained.
    Less is more.

  7. #57
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    Quote Originally Posted by slimboyfat View Post
    I...will probably have to disappear at some stage.
    Second and third passports -- Paraguay citizenship is relatively inexpensive and wouldn't take that long. You wouldn't have to live there. You just need the documents.

    Probably going to need a name change and some plastic surgery.

  8. #58
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    Quote Originally Posted by happynz View Post
    Second and third passports -- Paraguay citizenship is relatively inexpensive and wouldn't take that long. You wouldn't have to live there. You just need the documents.

    Probably going to need a name change and some plastic surgery.
    OK. I was just planning on leaving Singapore without giving my ex-wife a forwarding address.

  9. #59
    Thailand Expat cyrille's Avatar
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    Anyone have any thoughts on student accommodation in the UK?

    Something like this?


  10. #60
    Thailand Expat David48atTD's Avatar
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    I'll prepare with this ... but most of the advice, while well intended is possibly ill advised.

    For those suggesting that SBF buy another house for income is folly.

    You already own a house in the UK, you own a house in Thailand, why, on Earth is it a good idea to buy another house,
    in a foreign country, Spain etc. I presume you don't speak a language other then English and a smattering of Thai.
    So imagine the difficulty of finding a suitable property, months spent in a foreign country and then the maintenance etc.

    PLUS ... it's a relatively poor time to buy property. Interest rates have been at all time lows in many countries thus,
    the affordability of Real Estate and thus, prices have never been so high.
    If you are funding the purchase through borrowings, the interest rates are rising.
    So, you've bought a house, near the top of the market, in a foreign country.

    Three houses ... feels like eggs in a basket.

    ---

    Think also about currency fluctuations. Where will most of your bills come from?
    I'd be looking to get some of my income in that currency so the exchange rate variability is removed from the equation.

    ---

    One suggestion would be a high dividend paying Thai Share/Stock.


    https://www.bloomberg.com/quote/BTSGIF:TB

    About BTS Rail Mass Transit Growth Infrastructure FundBTS Rail Mass Transit Growth Infrastructure Fund is a closed-end fund incorporated in Thailand.
    The Fund's objective is to achieve income.
    The Fund invests in the Core BTS Sky Train System from BTSC, which includes the Core Sukhumvit Line & the Core Silom Line.
    It's an infrastructure stock paying a healthy 6.5% dividend.

    BHT 400,000 invested there would pay BHT 23,400 annual dividend, plus some modest capital gain.
    BHT 400,000 X 6.5% - 10 tax


    Thai Tap Water - https://www.bloomberg.com/quote/TTW:TB - another infrastructure Stock, paying 4.84%

    Just for starters.

    “Someone is sitting in the shade today because someone planted a tree a long time ago”

    .

  11. #61
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    5% dividend is not going to take you far, and those shares tend to depreciate over time as assets are sold to pay for those "high dividends" to investors

    it's a tough call, I still think for amateur investors, property is their best bet, but always buy someting you know, and if Spain is too far or too foreign for you, dont go there

  12. #62
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    I have two rentals, one nets $400 per month the other maybe 150. I have property managers for each property since they are in different states. It is not a lot of money and when you think everything is going fine you get a message saying the a/c needs replacing at $2500 or the sewer pipe leading to the main needs replacing (soon).

    I did meet a fellow in Thailand who owned several rentals free and clear in the US and he decided to sale them and be the bank to the buyer. So, he is making 7% on the loan and if the buyer defaults he forecloses on the house and sales it again. The good thing about being the bank is you're no longer paying taxes on the property and no longer paying insurance, your buyer is now responsible for that. One drawback is when you buyer decides to refinance with a new bank.

  13. #63
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    There's an investment that offers good returns and is unlikely to ever go under and that is investing in a cask of whiskey. There are also "brokers" who will allow investment in fractions of a cask.
    Japanese whiskey is the future, but Scotch and Irish have the tradition and are steady.

  14. #64
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    Having a house in your home country in a nice area and renting it seems like a safe bet. That along with a sizable savings and a few self funded retirement accounts. One advantage of renting a house in your home country is you could go back there should something unforeseen happen. Plus the monthly income for ages as apposed to a lump sum this part would require the house to be paid off or close to it. That is my plan I'm 46 so a lot can happen. Also trying not to piss away huge sums on cars.

    Good luck

  15. #65
    Thailand Expat David48atTD's Avatar
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    Quote Originally Posted by naptownmike View Post
    ...Also trying not to piss away huge sums on cars.
    Yep ... depreciating asset.

    No money in cars*

    Plus, we only run one car ATM, two is what we'd like, one is what we need.



    * Your daily drive

  16. #66
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    Quote Originally Posted by David48atTD View Post
    I'll prepare with this ... but most of the advice, while well intended is possibly ill advised.

    For those suggesting that SBF buy another house for income is folly.

    You already own a house in the UK, you own a house in Thailand, why, on Earth is it a good idea to buy another house,
    in a foreign country, Spain etc. I presume you don't speak a language other then English and a smattering of Thai.
    So imagine the difficulty of finding a suitable property, months spent in a foreign country and then the maintenance etc.

    PLUS ... it's a relatively poor time to buy property. Interest rates have been at all time lows in many countries thus,
    the affordability of Real Estate and thus, prices have never been so high.
    If you are funding the purchase through borrowings, the interest rates are rising.
    So, you've bought a house, near the top of the market, in a foreign country.

    Three houses ... feels like eggs in a basket.

    ---

    Think also about currency fluctuations. Where will most of your bills come from?
    I'd be looking to get some of my income in that currency so the exchange rate variability is removed from the equation.

    ---

    One suggestion would be a high dividend paying Thai Share/Stock.

    L
    https://www.bloomberg.com/quote/BTSGIF:TB



    It's an infrastructure stock paying a healthy 6.5% dividend.

    BHT 400,000 invested there would pay BHT 23,400 annual dividend, plus some modest capital gain.
    BHT 400,000 X 6.5% - 10 tax


    Thai Tap Water - https://www.bloomberg.com/quote/TTW:TB - another infrastructure Stock, paying 4.84%

    Just for starters.
    At least your likely income is realistic, unlike braggart Butterfly with his grandiose percentages. He really is a top scammer.

  17. #67
    Thailand Expat
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    oh no here we go again, are you sure you are not related to LoyToy, you miserable old man

  18. #68
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    You’ll be needing a boiler suit for your next scam. Trolling biatch.

  19. #69
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    fishlocker's Avatar
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    Why buy property?

    Taxes, what taxes?
    Yes, you pay it but it is depreciable.
    Utilities,yes its all by by.

    Check with your accountant but as far as I know property taxes utilities Insurance Etc are all a write off.
    Last edited by fishlocker; 18-08-2018 at 10:42 PM.

  20. #70
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    Quote Originally Posted by Switch View Post
    You’ll be needing a boiler suit for your next scam. Trolling biatch.
    boiler room boys are all British, you silly Brexit pensioner

  21. #71
    Thailand Expat
    fishlocker's Avatar
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    Ok,
    So the best advise is:
    Work you're ass off.
    Get a pension.
    Live for a few breaths and die.

    Is there another way out?

  22. #72
    Thailand Expat
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    Damn I spilt that shit all wong. I dont mean you silly. at least not in that particulay way.


    Shut.....Im jumping with Jack'

  23. #73
    Thailand Expat
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    I bee dupit be da dingo

  24. #74
    Thailand Expat
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    If that can't make the TD quotes, what will?

  25. #75
    ความรู้ลึกลับ HuangLao's Avatar
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    Quote Originally Posted by fishlocker View Post
    Ok,
    So the best advise is:
    Work you're ass off.
    Get a pension.
    Live for a few breaths and die.

    Is there another way out?

    Find a sweet sugar mama....??

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