Page 3 of 3 FirstFirst 123
Results 51 to 69 of 69
  1. #51
    I am in Jail
    leemo's Avatar
    Join Date
    Feb 2006
    Last Online
    07-10-2015 @ 02:27 PM
    Location
    pty
    Posts
    2,608
    Quote Originally Posted by Fluke View Post
    Quote Originally Posted by ACT View Post
    Quote Originally Posted by Fluke View Post
    Quote Originally Posted by bobo746 View Post
    Quote Originally Posted by Fluke
    Money lending is illegal ,
    And that makes what diference in this shit tin?
    It means that you can get prosecuted if you get caught and that if people dont pay you back, you cannot take legal action against them
    I've noticed a few of your posts Fluke.

    Each one I've consciously thought 'This guy has never even been to Thailand.'.


    Do you plan to visit soon?
    Do you feel that Im incorrect and that money lending in Thailand is legal?
    If you were to lend someone money in Thailand illegally, and they didnt pay it back, do you think that could take them to court to get them to repay?
    20% pm isn't frightening when compared to Wonga's 2.5k% APR, but the details are in the fine print.

    I don't think the local bankers know what a court is, or that they would bother with any legal small claims procedure. The ones I know in Pattaya almost always get paid, and on time. Almost, sound risky, huh?

    On the contrary while they prefer everyone to pay on time, since this makes for an uncomplicated life, they don't mind late payers at all. These usually generate not just a hefty penalty that's being compounded at a higher rate, which the delinquent borrower by implication cannot cope with, but also collateral in the form of a bike or car or property that's worth more than the outstanding. And once in their possession these assets rarely end up redeemed, which means a greater ROI.

    As for police getting involved when a client is in over his head, most banker ops are co-opted by at least a mid-rank brown or other uniform.

  2. #52
    Thailand Expat Pragmatic's Avatar
    Join Date
    Mar 2013
    Last Online
    @
    Location
    Last but who gives a shit.
    Posts
    9,543
    Quote Originally Posted by beerlaodrinker
    she takes the family book or any land documents as collateral,
    Did that before and got stung. Missus only lends unsecured now to people she trust/knows. Any doubts she takes gold as a security.

  3. #53
    Lord of Swine
    Necron99's Avatar
    Join Date
    Feb 2012
    Last Online
    @
    Location
    Nahkon Sawon
    Posts
    13,025
    Quote Originally Posted by Fluke View Post
    Quote Originally Posted by ACT View Post
    Quote Originally Posted by Fluke View Post
    Quote Originally Posted by bobo746 View Post
    Quote Originally Posted by Fluke
    Money lending is illegal ,
    And that makes what diference in this shit tin?
    It means that you can get prosecuted if you get caught and that if people dont pay you back, you cannot take legal action against them
    I've noticed a few of your posts Fluke.

    Each one I've consciously thought 'This guy has never even been to Thailand.'.


    Do you plan to visit soon?
    Do you feel that Im incorrect and that money lending in Thailand is legal?
    If you were to lend someone money in Thailand illegally, and they didnt pay it back, do you think that could take them to court to get them to repay?
    Provided you don't charge excessive rates, money lending is perfectly legal.
    I have lots out, all recorded on the chanote in the amphur land office.

  4. #54
    Thailand Expat
    9999's Avatar
    Join Date
    Aug 2009
    Last Online
    01-09-2017 @ 01:18 PM
    Location
    Hating but living in the 3rd world
    Posts
    5,528
    The best way to make money here is to try befriend a falang that has been here a while and seems to be doing OK. Make sure you press hard about what they do for a living within 5 minutes of meeting them, then just replicate whatever they do.

  5. #55
    Thailand Expat
    jamescollister's Avatar
    Join Date
    Nov 2008
    Last Online
    Yesterday @ 08:50 PM
    Location
    Bunthrik Ubon
    Posts
    4,485
    Quote Originally Posted by 9999 View Post
    The best way to make money here is to try befriend a falang that has been here a while and seems to be doing OK. Make sure you press hard about what they do for a living within 5 minutes of meeting them, then just replicate whatever they do.
    Think they are rare as hens teeth.
    Bright note, hot as hell, school holidays, won't be starting teaching next week, failure to communicate.
    Wife's farang milk shakes bar turned a bit over 1,000 Baht today, 600 profit.
    I spent 400 on beer and smokes.
    Hard to live cheap, kids spend more than me.

  6. #56
    Member
    Join Date
    Nov 2007
    Last Online
    02-09-2017 @ 10:04 AM
    Location
    Bangkok
    Posts
    434
    Quote Originally Posted by Fluke View Post
    Quote Originally Posted by Pragmatic View Post
    Quote Originally Posted by Pragmatic
    Money lending.
    My missus does it.
    Money lending is illegal ,
    And charging 10% a month is also immoral.

    Patrick

  7. #57
    Sukhumvet
    VocalNeal's Avatar
    Join Date
    Jul 2007
    Last Online
    Today @ 01:32 PM
    Location
    Bangkok
    Posts
    10,362
    Quote Originally Posted by Thormaturge View Post

    The UK government is faced with a dilemma. At present the UK pension is frozen at the point a person leaves the UK to live in many countries including Thailand.
    Which is why some of my friends return to UK every now and again . I'm not sure what they do but they get their pensions nudged up or unfrozen somehow.

  8. #58
    Tax Consultant
    Thormaturge's Avatar
    Join Date
    Jul 2007
    Last Online
    @
    Location
    Bangkok
    Posts
    9,892
    Quote Originally Posted by VocalNeal View Post
    Quote Originally Posted by Thormaturge View Post

    The UK government is faced with a dilemma. At present the UK pension is frozen at the point a person leaves the UK to live in many countries including Thailand.
    Which is why some of my friends return to UK every now and again . I'm not sure what they do but they get their pensions nudged up or unfrozen somehow.
    They would need to resume "residency" which I think requires having a permanent address for a year. Haven't seen this myself, only know the theory, but yes it should be possible to return to the UK, wait for the pension to be upgraded and then emigrate again, at which point it is frozen at the new level.
    I see fish. They are everywhere. They don't know they are fish.

  9. #59
    Thailand Expat Pragmatic's Avatar
    Join Date
    Mar 2013
    Last Online
    @
    Location
    Last but who gives a shit.
    Posts
    9,543
    Once you leave the UK for 183 days you are automatically classed as non resident and your state pension is frozen there after. As long as you return before that 183 day period you remain a UK resident and your benefits continue. So I'm aware of.

  10. #60
    Thailand Expat Pragmatic's Avatar
    Join Date
    Mar 2013
    Last Online
    @
    Location
    Last but who gives a shit.
    Posts
    9,543
    Quote Originally Posted by Patrick
    And charging 10% a month is also immoral. Patrick
    10% is the norm here.
    Last edited by Pragmatic; 30-03-2014 at 11:52 AM.

  11. #61
    Thailand Expat Pragmatic's Avatar
    Join Date
    Mar 2013
    Last Online
    @
    Location
    Last but who gives a shit.
    Posts
    9,543
    Back on subject. German guy near where I live has a website that does introduction for local ladies that wish to meet a German. Tight B's. He charges Thai women 25,000 Baht for the introduction. It used to be 40,000. No guarantees. I don't know how much he charges the German men. He charges them for airport pick up/drop off etc on top. Surely money to be made there I'd imagine?

  12. #62
    Thailand Expat
    9999's Avatar
    Join Date
    Aug 2009
    Last Online
    01-09-2017 @ 01:18 PM
    Location
    Hating but living in the 3rd world
    Posts
    5,528
    I seen a real low end type at an internet cafe in Phuket charging bar girls to write emails and do skype chats with their bf's overseas

  13. #63
    Thailand Expat

    Join Date
    Aug 2007
    Last Online
    @
    Location
    Darkside, Pattaya
    Posts
    5,671
    Quote Originally Posted by BaitongBoy View Post
    Quote Originally Posted by Fondles
    I sell genuine car parts
    You sure they're not fake?...
    Pretty sure they are not as I buy them from Ford.

    Sold a heap more stuff over the weekend.

  14. #64
    Utopian Expat
    Chittychangchang's Avatar
    Join Date
    Nov 2013
    Last Online
    @
    Posts
    9,559
    There are many ways to make money online, and while Ebay maybe one of them, I think that the competition is very stiff and you have the manufacturers competing with you, it is not really smart to compete with the people who make the product unless you have something very unique that you can compete with.

    I do know a chap who used to do a Million baht a month on Ebay, he was making unique ladies clothes.

    The secret is in having the product that not everyone else is selling, and that is tough these days, so I would not recommend ebay unless you have a very unique product.

    I am connected with MANY Internet Marketers who make a shitload of money, I am talking 1-3 Million baht in a week or 30,000 baht a day and everything in between. They market in a variety of niches and services and this is where ANYONE can re invent themself and make a considerable sum of money however it is not an overnight thing and you would have to expect to give yourself 6 months minimum to learn the ropes and decide which direction you are going to go.

    Some of the things you could do are

    Offer services such as

    Graphics
    Sales Pages
    banners
    Ebook cover
    Making websites
    Article writing
    Making videos
    Maintaining websites
    Managing facebook pages

    Now you may not be know how to do these things but I know a young chap in Phuket that makes over 3 Million baht a year and all he does is outsource the jobs to a graphics team he is the middle man

    Affiliate Marketing

    You basically promote someone elses products for 50% or more commissions very profitable, and I know a lot of people who make a full time income from this method by promoting on facebook classified advertising, etc

    Amazon.com for example pays commission from 4-15% commission on EVERYTHING that they sell from Amazon.com and there are hundreds of thousands of people making money from promoting products from Amazon this is very easy to get started in and can be done from anywhere in the world as can everything else I mention in this post.

    Build a list

    Owning a list of targeted buyers in a specific niche is a phenominal way to make money, once you have built a list it is money on tap, basically people sign up to whats called a squeeze page asking to receive information from you and you then find relevant products using affiliate networks and mail them the information, they buy and you receive 50% commission which can be anywhere from $10 to $1000 dollars per sale.

    List building is one of the fastest ways to make money online and very very lucrative especially if you have your own products and can get affiliates promoting for you.

    Product Creation

    This is what i do and it is EXTREMELY PROFITABLE the last product I created was a software product (I know NOTHING about programming) but I know a man who does and he built it for me under my instruction on what I wanted it to do and he created it and we launched it and sold 5000 copies in total making over 3 million Baht in the process. Product can be as simple as a report or an ebook or a training program or a full on membership site.

    The above might sound scary to some that are not familiar but it is the best way for someone to make a ton of money online if you focus and do the initial work needed to get a foothold in this industry.

    Focus on Internet Marketing and you will never want for money again, it really is that good.

  15. #65
    Member Waid's Avatar
    Join Date
    May 2014
    Last Online
    22-09-2014 @ 09:15 AM
    Location
    SE Asia
    Posts
    253
    Incredibly interesting thread. Fascinating how some folks make their money.

    Would really like to know more about eBay & Adsense.

    How does the shipping side of eBay work? In other words, you offer a product, offer accepted - item to be shipped. What are the payment rules & shipping arrangements?

  16. #66
    Utopian Expat
    Chittychangchang's Avatar
    Join Date
    Nov 2013
    Last Online
    @
    Posts
    9,559

  17. #67
    Thailand Expat
    9999's Avatar
    Join Date
    Aug 2009
    Last Online
    01-09-2017 @ 01:18 PM
    Location
    Hating but living in the 3rd world
    Posts
    5,528
    A lot of the poker guys are leaving now that there are no more pepetual tourist visas and a crack down on ed visas.

  18. #68
    Thailand Expat
    Scottish Gary's Avatar
    Join Date
    Aug 2008
    Last Online
    23-05-2018 @ 01:18 AM
    Location
    Up River
    Posts
    1,236
    How to have 1 million baht in your bank account

    Start of with 3 million

  19. #69
    I am in Jail
    Join Date
    Apr 2016
    Last Online
    19-05-2016 @ 09:04 PM
    Posts
    289
    Quote Originally Posted by 9999 View Post
    A lot of the poker guys are leaving now that there are no more pepetual tourist visas and a crack down on ed visas.
    Poker pretenders.

Page 3 of 3 FirstFirst 123

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •