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  1. #26
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    ^^^get onit

  2. #27
    On a walkabout Loy Toy's Avatar
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    Stay at home, drink cheap booze and get your missus out working mate.

  3. #28
    Hangin' Around cyrille's Avatar
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    Quote Originally Posted by HuangLao View Post
    Online writing
    Good god, surely it can't be true.

    What language?

  4. #29
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    Quote Originally Posted by HuangLao View Post
    Online writing where the opportunities are endless.

    Not really working, so might be considered passive.
    The book will be out soon.

    Who am I kidding, the paper version just flushed down the crapper with the rest of yesterdays novel.


    Passive?

  5. #30
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    Quote Originally Posted by Loy Toy View Post
    Stay at home, drink cheap booze and get your missus out working mate.
    Yes, but why the cheep Booze?

  6. #31
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    That chart looks like yet another "dickster up my asre". You mean "MEAN" there are less Pataya girls to "go round".

  7. #32
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    Fish be sliding in second. Damn right, wearing a raincoat.

    Just joking boys. I wanted to start a new thread. All things in Oregon.

    Lost the new thread tab. Please advise Huston.

  8. #33
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    Quote Originally Posted by slimboyfat View Post
    As per the title. i'm 45 now but intend to retire at 60ish. It would have been earlier but somehow I managed to get married again in my early 40s and had a child (not necessarily in that order).
    It's a difficult one as unlike most western expats I don't have a special forces pension to rely on. Or even a normal old age pension what they give to civilians in the UK on account of never paying National Insurance contributions.

    Some options that I have thought of:

    One or two rental properties in your home country (mine is the United Kingdom) ?
    Dividend paying shares?
    Rental property in Thailand?
    Buy some farm equipment and rent it out to the locals (probably not a good idea as the big man of the moo ban does that)
    Buying a lot of lottery tickets and visiting the temple frequently to facilitate more wins?

    How do you survive?

    And no 'send your wife to Pattaya' suggestions please as she is over 40 yrs old now and quite heavy set.

    Cheers
    Buy a pie factory of course, and I just happen to know someone who run one

    seriously, what happened to your Singapore wife and family ? you left that place completely ?

    anyway, don't put money in Thailand, you will be outsmart by locals or greedy farang long timers, ask LoyToy

  9. #34
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    Quote Originally Posted by slimboyfat View Post
    How do you survive?

    Cheers
    first question to ask is how much capital you have, and how much you want it to be when you retire

    then what is your risk appetite and how much loss you can take for one of your investment projects

  10. #35
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    Quote Originally Posted by Loy Toy View Post
    Stay at home, drink cheap booze and get your missus out working mate.
    Sounds like the perfect plan.

  11. #36
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    #1Go to some place where you don't know the rules.
    #2 Throw your life savings into her, Fred Wiggy call home, public joke
    #3 Expect the unexpected.

  12. #37
    Not a Mod. Begbie's Avatar
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    I don’t see anyone being very helpful. You could talk to a financial advisor, though you’d have to be careful as their main aim is to get fees for selling products.

  13. #38
    Thailand Expat Pragmatic's Avatar
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    Quote Originally Posted by Begbie View Post
    I don’t see anyone being very helpful.
    What was/is wrong with my advice? It works for the guy who I know who is doing it. In fact he's not the only one

  14. #39
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    Quote Originally Posted by Pragmatic View Post
    What was/is wrong with my advice? It works for the guy who I know who is doing it. In fact he's not the only one
    Sorry Prag, your post was lost in all the noise. Reading it now I don’t see how someone could lose money being an internet match maker. Making money probably takes a bit of brass neck which most don’t have.

  15. #40
    Thailand Expat Pragmatic's Avatar
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    Quote Originally Posted by Begbie View Post
    Making money probably takes a bit of brass neck which most don’t have.
    I haven't got the neck to do it and I don't need the money. But if shove comes to push who knows?

    The selling of medication on the net seems a better option, providing one obtain a source. It may be illegal but..............

  16. #41
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    Ok, feeling bad for the op, I went through it again. All I got out of it is save early, save often. I trust you didn't miss the boat.








    the fish

  17. #42
    Thailand Expat armstrong's Avatar
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    The old fake footy shirts routine.

  18. #43
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    So, lets just pretend then. If I spelled it out for you would you buy the book?

  19. #44
    Thailand Expat David48atTD's Avatar
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    Not a helpfull start?

    Quote Originally Posted by Begbie View Post
    I don’t see anyone being very helpful. You could talk to a financial advisor, though you’d have to be careful as their main aim is to get fees for selling products.
    Quote Originally Posted by David48atTD View Post
    It's a tricky question and it it depends on your expectations for income and growth and what investments you currently own.

    Also consider this advice of not concentrating your wealth in a single asset, asset class.

    One example of heart break.

    WWII immigrants to Australia, no skills, no language ... what job to do?

    Work as a Taxi/Cab driver. Earn coin, buy a Taxi and the license.
    That License costs maybe $10,000 (back then).
    Taxi Licenses increase in value, well over that of the inflation rate.
    10 years ago, last time I looked, a Taxi License was circa $300,000

    That WWII immigrant saw the value of Taxi Licenses grow and grow year on year.
    He thinks people will always need a Taxi so he buys another license and another and two more.
    He's rich, a millionaire in fact. No bad for a man who was penniless when he arrived on Australian shores.

    The income from the licenses will, over time payback the $600,000 he's borrowed against their house and
    his misses will fart through silk undies for the rest of her long life.


    However ...

    Along came Uber Within a few years the established Taxi industry is disrupted, probably for-ever.
    His Licenses are near worthless, his retirement dream shattered.
    Worse then that, his marriage broke up. He is 65, retired and with a debt of $600,000 to pay.

    Called a Black Swan event because almost no-one saw it coming.


    Moral of the story ... don't put all your eggs in one basket.

  20. #45
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    If you have to get an adviser make sure he/she is a fee only adviser. Hell, I'll be more than happy to make money off your money. Remember that.
    As for the rest, when I'm sitting by the river writing my book ......well never mind.








    the fishes

  21. #46
    Hangin' Around cyrille's Avatar
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    Quote Originally Posted by David48atTD View Post
    Moral of the story ...
    Judging by the suggestions so far it seems to be 'make your pile before you retire in Thailand...and you're gonna have to work for it'.
    Last edited by cyrille; 10-08-2018 at 11:11 AM.

  22. #47
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    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.

  23. #48
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    ^ this

  24. #49
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    Quote Originally Posted by Dragonfly View Post
    Buy a pie factory of course, and I just happen to know someone who run one

    seriously, what happened to your Singapore wife and family ? you left that place completely ?

    anyway, don't put money in Thailand, you will be outsmart by locals or greedy farang long timers, ask LoyToy
    I still live and work in Singapore. I pay my ex wife $3000 a month as part of the divorce settlement, rent an apartment and subsequently save next to nothing each month and will probably have to disappear at some stage. However i do have some money in the bank after the divorce and just considering what to do with it. I am also in the process of buying a terraced house in the UK (with the assistance of an expat buy to let mortgage) that I will rent out. If that works out I may buy another - but that might be going down the too many eggs in one basket route, especially with the uncertainties of Brexit.

  25. #50
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    Thanks for all the replies so far! Very interesting.

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