Where to invest your lolly (Split from "More Visa Scares")

**klongmaster** · 04-10-2006, 09:20 PM

Originally Posted by forreachingme

My wife just came back from Phils

So I guess seeing you're that friendly with BkkPhillers you must be a mod over on t'other channel...I mean the least he could do for bonking your wife on the side...

**Stocky** · 04-10-2006, 10:44 PM

Originally Posted by Thetyim

Originally Posted by Begbie

HSBC 7.4% on dual currency account

Is that the one where you select the two currencies and they decide which one to pay you back in at maturity ?

It's the currency gamble see here: Dual Currency Plus | HSBC Singapore

**Thetyim** · 04-10-2006, 10:57 PM

Originally Posted by Stocky

It's the currency gamble see here: Dual Currency Plus | HSBC Singapore

It's changed a bit since I last looked at it but I don't feel confident enough to give it a go. Do you use it ?

**Stocky** · 05-10-2006, 07:53 AM

Originally Posted by Thetyim

Originally Posted by Stocky

It's the currency gamble see here: Dual Currency Plus | HSBC Singapore

It's changed a bit since I last looked at it but I don't feel confident enough to give it a go. Do you use it ?

I have, I paired GBP v EUR and over a year came out slightly ahead of what I'd have made on a timed deposit.
But you need to be following exchange rates pretty closely and have a good understanding of which way they're likely to move. You also needn't be too worried if you end up in either, as one dumb remark by a foreign minister can see your carefully thought out scenario disappear down the crapper.
From my own experience you also need to find a pair where the interest rates are not too dissimilar, the Euro was only giving me 2% when I found myself converted, the Pound was giving 5.5%, though I made up on the exchange rate when I went back.

**Butterfly** · 05-10-2006, 08:59 AM

It seems like a silly gamble and not worth the time spent on it. You can actually loose your capital+interests according to their scenario, hardly a "safe" 7% interest rates. I will stick to my stocks, thanks. Made another 28% on a stock in less than 3 months with a nice pick, T-LUXE, can't get any better than that.

**Stocky** · 06-10-2006, 07:55 AM

Originally Posted by Butterfly

It seems like a silly gamble and not worth the time spent on it. You can actually loose your capital+interests according to their scenario, hardly a "safe" 7% interest rates. I will stick to my stocks, thanks. Made another 28% on a stock in less than 3 months with a nice pick, T-LUXE, can't get any better than that.

You won't lose either your capital or interest, it will just be denominated in the other currency if you lose that month's bet. The dealers make their money on the currency exchange you still get your interest paid. Provided you continue the pairing you will certainly convert back at some point meanwhile you continue to earn interest on your deposit. It's just a way of getting above the standard interest rate for your cash holdings.

**Butterfly** · 06-10-2006, 10:24 AM

yeah, but the problem is I need the currency constantly. I can't wait 3 or 6 months for one of the currency to improve. Betting on currency is not my forte, and somehow I always get it wrong.

**mrsquirrel** · 06-10-2006, 11:07 AM

Do you trade online?

How easy is it to setup from here. I have looked into SET but I think I would rather use a UK service.

Any reccomendations?

**Stocky** · 06-10-2006, 11:31 AM

Originally Posted by Butterfly

yeah, but the problem is I need the currency constantly. I can't wait 3 or 6 months for one of the currency to improve. Betting on currency is not my forte, and somehow I always get it wrong.

It's only really suitable for spare cash that you wish to leave as cash, but don't need for several months. I tried it as an experiment, monthly pairings over a year, I got an average interest rate on £40,000 of 4.5% if it had been in a timed deposit at that time it would have made 3.2%. However, because of the amount of work and uncertainty involved I discontinued my experiment.

**Butterfly** · 06-10-2006, 01:00 PM

^ see my point about wasting time for only a 1% spread. You actually did good, I would have probably forgot about it and be fucked over at the end. Don't have time for those kind of "frankeinstein" investment.

**Butterfly** · 06-10-2006, 01:03 PM

Originally Posted by mrsquirrel

Do you trade online?

How easy is it to setup from here. I have looked into SET but I think I would rather use a UK service.

No, I don't. I use real brokers, email and phone mostly. That's how you get your trades done. Online system usually can't deliver what you want at the price you want, even with a system like eTrade in the US. Maybe a daytrader could get away with such systems, but not for me. The volume and the stirring of the trade has to be done right in manual mode, and online systems can't do that kind of thing.

**Stocky** · 06-10-2006, 02:36 PM

Originally Posted by Butterfly

^ see my point about wasting time for only a 1% spread. You actually did good, I would have probably forgot about it and be fucked over at the end. Don't have time for those kind of "frankeinstein" investment.

I couldn't forget as my HSBC Portfolio Manager phoned me up at the end of each month and laid out the options. The art was in fixing the right exchange rate for the next month, the more adventurous you are the higher the interest rate they'll offer but the greater chance you'll fuck up!

But as you say I've got better things do and plenty else to worry about, but it was a bit of fun and luckily I didn't lose on it.

**keda** · 10-10-2006, 09:01 PM

Originally Posted by mrsquirrel

Do you trade online?

How easy is it to setup from here. I have looked into SET but I think I would rather use a UK service.

Any reccomendations?

No plobrem trading SET, open your broker account and off you go. Bit volatile at times and as it's a small market is fairly easy to influence if not outright manipulate, but to now smooth sailing...keep an eye on NSM!

**William** · 10-10-2006, 11:39 PM

NSM - looking to merge. Lots of baggage with that one.

Shin losing it teleco license looks good

My personal favorite for long-term has been Home Pro. It's not really done much, but I like it.

If you have balls though, the telco sector is the place to be. Who will be in the race for 3G (which I'm not even sure I like) and who may be losing their license for breaches of the Foreign Business Act.

Certainly interesting times on the SET

**keda** · 11-10-2006, 04:29 PM

Tech has NSM preparing for a run and also fundamentally sound for mid-term, so it has two things going for it. NWR should also continue advancing (am in at 0.62) and if can break resistance at .80 next will be .95 -1.00 and then up to JPMorgan how far they would like it to go. Also keep an eye on BCP.

DD as always.

**keda** · 12-10-2006, 12:26 PM

Could turn this into an advice column...good call with SHIN but am not daytrading and not sure if you were calling long or short term...bought TPIPL at 9.95 and looking for 25-60% in the not too distant future.

**William** · 12-10-2006, 01:04 PM

TPIPL looks good, as does TPI itself. Another I like the look of is PTTEP.

I don't day-trade, but with SHIN down 45% since the buy-out and possible regulatory issues nearby, you have to wonder... If you are buying SHIN, it's very long-term IMHO

Have you been watching Thai Oil as well? Any debt-to-equity swap done on that 5-6 years ago may finally be looking like it has some weight

**Butterfly** · 12-10-2006, 02:28 PM

PPTEP overvalued, shouldn't trade at this range. Worthless. A sell.

NSM expected to double but still losing money. At that price, not much of a risk.

Damn, I need to get that investment forum up and running and spend my day talk about stocks instead of ladyboys in Thailand

keda you sound like a daytrader.

**William** · 12-10-2006, 02:32 PM

Originally Posted by Butterfly

PPTEP overvalued, shouldn't trade at this range. Worthless. A sell.

NSM expected to double but still losing money. At that price, not much of a risk.

Damn, I need to get that investment forum up and running and spend my day talk about stocks instead of ladyboys in Thailand

keda you sound like a daytrader.

in the short-tern you could be right about PTTEP, but I still like it's long term prospects.

NSM does nothing for me. I would buy it however just because the merger rumours seem to be strong

**Butterfly** · 12-10-2006, 02:55 PM

Originally Posted by William

in the short-tern you could be right about PTTEP, but I still like it's long term prospects.

Fuck no. Oil is not going to be hot forever. If they can't make a killing when oil is hot, then what would happen to them when oil is not so hot.

Originally Posted by William

NSM does nothing for me

Agree. Could be fun just for a quick play.

**keda** · 12-10-2006, 09:50 PM

Originally Posted by Butterfly

PPTEP overvalued, shouldn't trade at this range. Worthless. A sell.

NSM expected to double but still losing money. At that price, not much of a risk.

Damn, I need to get that investment forum up and running and spend my day talk about stocks instead of ladyboys in Thailand

keda you sound like a daytrader.

I'm actually in limbo, intensely wary of daytrading; in the UK would generally hold from weeks to up to a year, but it seems that's not a good strategy here so am in the process of relearning this completely different animal.

William, great call with SHIN, seems this came on the back of Temasek's intent to reduce their position in Shin Group, which in turn eases tension about 'concessions'...but isn't this only sentiment, bark and no bite, because for example, who is going to buy from Temasek?? In effect we have a nominee wishing to reduce its stake (exposure?) but with nobody to take on the baton. Now uncomfortably close to previous high.

**keda** · 12-10-2006, 10:11 PM

Originally Posted by William

Originally Posted by Butterfly

PPTEP overvalued, shouldn't trade at this range. Worthless. A sell.

NSM expected to double but still losing money. At that price, not much of a risk.

Damn, I need to get that investment forum up and running and spend my day talk about stocks instead of ladyboys in Thailand

keda you sound like a daytrader.

in the short-tern you could be right about PTTEP, but I still like it's long term prospects.

NSM does nothing for me. I would buy it however just because the merger rumours seem to be strong

Now basically squatting till these 3 hatch...NSM 25% of my port at 0.34, TPIPL 15% at 9.95, and NWR 50% at 0.62...looking good so far but don't be deceived because I rarely dive in with such exposure, just that over the last weeks even with many fair choices available, simply couldn't resist accumulating these instead of diversifying.

**ChiangMai noon** · 12-10-2006, 11:19 PM

any of you clever bastards able to help me make some money off a little.

**keda** · 14-10-2006, 01:18 AM

CM, just as easy to end up in a hole. If you do join the rabid dogs and Englishmen then I suggest you do so with no more than petty cash, at least till you make your first big one.

**kingwilly** · 14-10-2006, 01:30 AM

Originally Posted by mrsquirrel

Do you trade online?

How easy is it to setup from here. I have looked into SET but I think I would rather use a UK service.

Any reccomendations?

yes i do.

prettty much always come out ahread. (meaning i've lost once or twuice and wone 8 or 10 times on a 5 year investment.) = come out ahead roughly 15% in front.

for me it was easy to set up - declared myself an australian redisdent - used my parents address.....

BUT what ever the fck u do with shares.... doint be afriad to pay some one to do your analysis... too may ppl go on gut feelings or newpapperspapers.....

you will nearly alsaws do much better! - thats their full tiem job

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