Thread: Passive income in thailand

Originally Posted by draco888

ETF's by construction do not trade at a premium or discount to the underlying,

they do sell at premium and discount to NAV and can have a large bid-ask spread depending on liquidity conditions, like a real stock or a closed end fund

Originally Posted by draco888

Cost of redeeming ETF is standard equity brokerage commission and redemption is instant.

there is no redemption in ETF, it's not a mutual fund. You are usually buying it from someone else, hence the bid/ask spread and the need for liquidity for situations where they sell at Premium or Discount to NAV.

Originally Posted by draco888

Other than fractions of a % point for the Market makers spread I don't see how it's possible for the price to deviate from the underlying NAV for more than a few micro seconds.

actually they can and do deviate from their NAV for a significant long time, the creation of additional unit is not instant or driven by simple transactions, it has to do with a minimum level of transactions before the "sponsor" issue more shares or something in that order. If the shares are very illiquid and there is little demand or supply, the discount and premium situation will persist.

Towards the end this concerns the Euro Zone and Sept. 12.

As the commentator says the US has a "three strikes" rule for petty criminals but accept a 10% fine for the TBTF people. BD says sorry and receives a US$ 100 m payoff.

The Chinese send a different message to all perpetrators fraud.

Originally Posted by OhOh

As the commentator says the US has a "three strikes" rule for petty criminals but accept a 10% fine for the TBTF people.

"We hang the petty thieve's and appoint the geat one's to public office"
Aesop 550 B.C.

Not the best quality video.

Originally Posted by OhOh

but accept a 10% fine for the TBTF people.

Make that a 0.14% fine.

"NEW YORK SETTLES PROBE OF STANDARD CHARTERED FOR $340 MLN
The life or death of STANCHART is settled - they live; and the $250 billion of 'laundering' transactions - sanctions/terrorism/drugs-related or not - are settled for a 0.14% transaction fee (that'll teach 'em!). In other words, Std Chartered's IRR for committing years of crime is 714%. Finally this is a whopping 1.9% of the bank's entire 2011 revenues, or in other words they had to hand over 7 days of revenue (assuming a 365 day work week). Of course there are other fines/penalties to come but it looks like someone got a little over-excited at the regulators or as we note, STANCHART had some bottom-drawer details no one wanted outed. And now, employees of US "regulators," "enforcers" and various other "crime fighting" organizations can look forward to submitting their resumes to the British banks all over again."

Originally Posted by OhOh

Originally Posted by OhOh

but accept a 10% fine for the TBTF people.

Make that a 0.14% fine.

"NEW YORK SETTLES PROBE OF STANDARD CHARTERED FOR $340 MLN
The life or death of STANCHART is settled - they live; and the $250 billion of 'laundering' transactions - sanctions/terrorism/drugs-related or not - are settled for a 0.14% transaction fee (that'll teach 'em!). In other words, Std Chartered's IRR for committing years of crime is 714%. Finally this is a whopping 1.9% of the bank's entire 2011 revenues, or in other words they had to hand over 7 days of revenue (assuming a 365 day work week). Of course there are other fines/penalties to come but it looks like someone got a little over-excited at the regulators or as we note, STANCHART had some bottom-drawer details no one wanted outed. And now, employees of US "regulators," "enforcers" and various other "crime fighting" organizations can look forward to submitting their resumes to the British banks all over again."

An alternative view may be that the US has extorted $340 million from a foreign bank for processing transactions for a sovereign nation which the US currently views as an 'enemy'.

Originally Posted by OhOh

Originally Posted by Lorenzo

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

Anyone included in the above may want to investigate the ramifications of recent court ruling there.

RED ALERT: It’s Open Season on All Customer Funds « SGTreport – The Corporate Propaganda Antidote – Silver, Gold, Truth, Liberty, & Freedom

"This ruling and precedent will be used by every brokerage, every bank, every insurance company and every pension fund to deny you your money when the financial system finally collapses, be it on Monday, or be it two years from now. DO YOU UNDERSTAND? You have GOT to GET OUT.”

The National Futures Association is collusion with the Banksters, government and judiciary and have achieved their goal. The entire concept of “customer segregated funds” is officially, completely, legally dead.

Guys, it is OVER. I know that many of you are still cowering in normalcy bias, unable to deal with reality, unable to face the world as it is, but you have GOT to snap out of it. The marketplace is DESTROYED. You CANNOT be in these markets. All legal protections are now officially gone."

Continues......

that sounds like coming from an ill-informed nutter,

legislation is being put in place to segregate accounts for all derivatives houses,

Originally Posted by OhOh

Originally Posted by Lorenzo

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

Anyone included in the above may want to investigate the ramifications of recent court ruling there.

RED ALERT: It’s Open Season on All Customer Funds « SGTreport – The Corporate Propaganda Antidote – Silver, Gold, Truth, Liberty, & Freedom

"This ruling and precedent will be used by every brokerage, every bank, every insurance company and every pension fund to deny you your money when the financial system finally collapses, be it on Monday, or be it two years from now. DO YOU UNDERSTAND? You have GOT to GET OUT.”

The National Futures Association is collusion with the Banksters, government and judiciary and have achieved their goal. The entire concept of “customer segregated funds” is officially, completely, legally dead.

Guys, it is OVER. I know that many of you are still cowering in normalcy bias, unable to deal with reality, unable to face the world as it is, but you have GOT to snap out of it. The marketplace is DESTROYED. You CANNOT be in these markets. All legal protections are now officially gone."

Continues......

Anything is possible

I have 5 separate accounts, can't see them all going tits up the same day. Vanguard has a Trillion in customer funds.

Originally Posted by draco888

I was referring to the ready-made thai high dividend ETF

PTT 31.8%
Siam Cement 14.5%
Bangkok Bank 12.4%
Charoen Pokphand Foods 10.5%

yeah if you do it yourself then obviously can pick and choose.

can you check where you got that info ? the SETHD index itself doesn't have such high weights in those constituents, so I am curious to see if One Asset 1DIV is actually violating the Index construction method for their ETF by making overweight bets on those large cap issues

Originally Posted by Butterfly

Originally Posted by draco888

I was referring to the ready-made thai high dividend ETF

PTT 31.8%
Siam Cement 14.5%
Bangkok Bank 12.4%
Charoen Pokphand Foods 10.5%

yeah if you do it yourself then obviously can pick and choose.

can you check where you got that info ? the SETHD index itself doesn't have such high weights in those constituents, so I am curious to see if One Asset 1DIV is actually violating the Index construction method for their ETF by making overweight bets on those large cap issues

It's direct from their own fact sheet on the ETF

^ couldn't find that info on OneAsset website, if you can find it, let me know

Originally Posted by Zampan0

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

Think you'll find there's more money to be made in blow job bars. But you need to be an Aussie Jew with connections

Originally Posted by Butterfly

^ couldn't find that info on OneAsset website, if you can find it, let me know

http://www.one-asset.com/ThailandMut...us/R010106.pdf

Originally Posted by Tom Sawyer

Originally Posted by Zampan0

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

Think you'll find there's more money to be made in blow job bars. But you need to be an Aussie Jew with connections

Please clarify:

aussie jewesses give great BJs and so are popular with customers?

aussie jews are are good managers of BJ bars?

what are the returns we can expect as an aussie jew BJ bar owner?

what are the returns we can expect as a non-aussie jew BJ bar owner?

Go ask em.

Originally Posted by Tom Sawyer

Originally Posted by Zampan0

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

Think you'll find there's more money to be made in blow job bars. But you need to be an Aussie Jew with connections

I'm not that low. I'm thinking of a more "up scale" type of bar with good drinks and music. I won't be selling women. Whatever the dancer's do after work is none of my business. Imo., there is more honesty and morality in Siam than there is in the US. My idea is to keep it that way, if we can.

A 3 min vid. on US biz & politics. And, it's only going to get worse.

The SET website is as clear as mud on the index weightings as well their top 10 weightings bear no resemblance to anything, totally confusing.

actually the SET website is not too bad, you should try the SGX (Singapore) website, one of the worst of its kind, typical Chinese maze

The weights are published for the SETHD, it's around 2% or 3% on each issue since they have a proprietary formula to calculate weight based on yield.

An explanation of why 1DIV is using such bets on their top 10 holdings is to avoid paying licensing fees to the SET, since the SETHD has to be licensed if it is to become a distributed fund. Buying the constituents and their weights per the Index construction model is what makes it "licensable". I doubt OneAsset is following that construction model at all, hence they are free to put any weight they want.

It's time to face reality.

I am sorry if I seem completly negative about the worlds economy, because I'm not. As I've said before, the real coin of the realm is military might. If what can be done by america for a measly 5 billion dollars, -in the vid below- what do you suppose amerika can do with the trillions of dollars invested in armaments? From the sources that I value, amerika's place as as the worlds reserve currency should last for at least another 15 years.

Best watched in full screen HD.