Thread: Passive income in thailand

Originally Posted by nigelandjan

Tell you where there are so good little deals mate ,, in the banks ( promos ) .

If you can trust your wife /gf with about 1 mill tbt as a lump deposit you can find a new promotion that will give you about 40.000 bht for only 4 months deposit .

Unfortunately you have to withdraw it after the 4 months and wait or hunt around for another promotion .

My BIL took the plunge this year with 3 mill i.e. 1 mill in his / his wifes and his sons names ,, came up trumps

No garuntees ,, just another idea to look at

its always worth reading the small print on any promos, ie are you free to withdraw it after 4 months and take it elsewhere? but some are definitely worth doing.

Originally Posted by draco888

Originally Posted by nigelandjan

Tell you where there are so good little deals mate ,, in the banks ( promos ) .

If you can trust your wife /gf with about 1 mill tbt as a lump deposit you can find a new promotion that will give you about 40.000 bht for only 4 months deposit .

Unfortunately you have to withdraw it after the 4 months and wait or hunt around for another promotion .

My BIL took the plunge this year with 3 mill i.e. 1 mill in his / his wifes and his sons names ,, came up trumps

No garuntees ,, just another idea to look at

its always worth reading the small print on any promos, ie are you free to withdraw it after 4 months and take it elsewhere? but some are definitely worth doing.

Those low gain investments are for those who want to live in the next world and then perhaps get some... then. OK, if you like

Originally Posted by draco888

Does anyone actively invest in thai or other equities to generate income? there are quite a few thai equities which generate a comparatively good income in today's low yield world.

I plan on putting all of my money into Thai titty bars.

Originally Posted by Zampan0

I plan on putting all of my money into Thai titty bars.

Certainly better return to that you would get from bloody europe...

some interesting reading....I think trading gold is best for my peace of mind.....along with some investment returns from Australia to diversify my income

Originally Posted by ossierob

some interesting reading....I think trading gold is best for my peace of mind.....along with some investment returns from Australia to diversify my income

Australia is good. As far as China is OK, Aus is a winner. Australia, right or wrong my... Midnight Oil

Originally Posted by draco888

US persons actually have far less options in the investment universe than other nationalities because of the onerous reporting requirements which the US has enacted. US persons are not welcome in many jurisdictions any more. draco888 is offline Add to draco888's Reputation Report Post Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post! Reply With Quote

Find that hard to believe. Unending options in US accounts.

Originally Posted by nostromo

Originally Posted by Lorenzo

Yanks are better off with a US account. Safer and many more options

Safer, but not earning any money.

About 15% YTD

Originally Posted by ossierob

I think trading gold is best for my peace of mind

Is that real gold or E-gold ? I've been thinking about investing in E-gold as I don't have secure storage.

Originally Posted by Lorenzo

Find that hard to believe. Unending options in US accounts.

No - lawful? - hedge option for US nationals. FIFO crap. Against all ideals of market economy. You can read Volcker rule. Sorry. Obamaland. Move to Canada.

Originally Posted by superman

Is that real gold or E-gold ? I've been thinking about investing in E-gold as I don't have secure storage.

Yeah you should better invest in e-gold. Now I give you an account number, just transfer the funds, and we will get back to you.

If you are insane, this is a joke

Originally Posted by Thetyim

Dividend yield of companies from Thailand

As Draco said, same for Thais, 10% at source.

Originally Posted by Albert Shagnastier

Originally Posted by sabang

but Thai real estate is quite illiquid.

Laymans terms?

Dodgy

Originally Posted by draco888

US nationals are unable to open accounts

I referred to this as well, if it makes it clearer

Because US nationals are within US jurisdiction, which does not allow certain practices that are seen normal elsewhere - my post above. But you can have account in UK, Australia, Canada... probably in bloody soviet union eh russia

Interesting read, I'm finished with Share Market, stick with Property in Oz,

less Speculating!

Originally Posted by mingmong

Interesting read, I'm finished with Share Market, stick with Property in Oz,

less Speculating!

History shows as more and more people give up on equities the closer we are to the time to buy. Eventually the Market becomes so hated that there are just no more sellers and it's the opportunity of a lifetime again. We are not at this point yet I don't believe.

Oz property has been good to many, highly correlated to commodity prices and therefore dependant on china. Any new entrants to the oz property Market are likely not going to make any money as they are buying into one of the most expensive markets in the world, great if you bought years ago though.

What are ya trying to sell here Draco? Not much market for shares in the new world markets these days. Only fools go there and perhaps some scam artiest.

Why are all those multi-nationals chuck full of cash? If they ain't buying why would John Q. Public be buying? FFS, Thai stock exchange is an even worse example of the "casino effect." Next to China, Hong Kong and India. Go get em cowboys.

Originally Posted by ltnt

What are ya trying to sell here Draco? Not much market for shares in the new world markets these days. Only fools go there and perhaps some scam artiest.

Why are all those multi-nationals chuck full of cash? If they ain't buying why would John Q. Public be buying? FFS, Thai stock exchange is an even worse example of the "casino effect." Next to China, Hong Kong and India. Go get em cowboys.

Hehe, I'm not trying to sell anything. As I said before when John Q in total has decided shares are a waste of time then it's time to buy.

Multi nationals are hanging onto cash because their future funding is uncertain, they have cut costs savagely, there are negative tax consequences of paying dividends, their business is not investment management. There are a whole host of reasons for high cash levels on corporate balance sheets.

Gidday Superman...sorry about the slow response....mate E gold is the go...once again for peace of mind

Originally Posted by ossierob

Gidday Superman...sorry about the slow response....mate E gold is the go...once again for peace of mind

What do you mean by 'E gold' exactly?

Originally Posted by superman

Originally Posted by draco888

What do you mean by 'E gold' exactly?

You don't actually see the gold. It's in paper form. If gold goes up or down the price of your E-gold is affected in the same manner. I believe you can cash your E-gold in at anytime. Other than that I'm hoping someone will fill me in.

yes there are many different versions of what you are referring to, some very bad some OK.

Originally Posted by superman

I believe you can cash your E-gold in at anytime.

Do you believe in the Tooth Fairy as well? Ever hear of a 'Bank Holiday"? Physical gold -and silver- is what you want. Just remember, you can't eat metals. Titty bars = quick daily cash and some happy meals as well.

Originally Posted by mingmong

I'm finished with Share Market, stick with Property in Oz

Safe as houses As long as Australia does not become Ireland... which is bloody unlikely.