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  1. #201
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    All you guys living of investment returns what happens when the market takes a dump? Are they that low risk to get 5-10%

  2. #202
    The Fool on the Hill bowie's Avatar
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    Quote Originally Posted by Luigi View Post
    Aren't you in your 30's with a UK property?

    Use it to get another.

    In 30 years you should have 3 or 4.
    That's a workable plan. 3 or 4 rentals managed by a real estate firm should provide a significant revenue stream. "Made in the Shade" and "Livin' the Life".

  3. #203
    The Fool on the Hill bowie's Avatar
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    Quote Originally Posted by naptownmike View Post
    All you guys living of investment returns what happens when the market takes a dump?
    Speaking from experience: Key is "LONG TERM" in the 2008 recession, my 401k balance's dropped for 16 straight long months. Then, the market turned, back to even in four short months.

    Interesting concept few follow - when you are buying into the markets you want the markets at their lows, you get more shares per dollar. When you sell your shares (at retirement time) you want the market at their highs. You get more cash per share.

    When the markets crash - guess what - the number of shares you have purchased remains the same. The value of those shares only matters when you must sell them for cash to live on.
    Last edited by bowie; 30-08-2019 at 09:27 AM.

  4. #204
    Head Skivvie Stacker Storekeeper's Avatar
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    Quote Originally Posted by Luigi View Post
    Aren't you in your 30's with a UK property?

    Use it to get another.

    In 30 years you should have 3 or 4.
    12 years after leaving Thailand will return having added another pension worth somewhere around $1000 a month. On top of that will be 12 years into a 401K type plan called TSP. Not a clue how much is now in it. Gotta be worth a couple hundred bucks a month at least if turned into an annuity.

    12 years later my condo is now almost paid off. Easily rentable for $1500 a month. Won’t do it though. It was always be Plan B standing at the ready. But, another expense I had last time living in Thailand that will be gone.

    You’re right ... A lot can be or could be accomplished in 30 years.

  5. #205
    The Fool on the Hill bowie's Avatar
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    Mandaloopy -

    Lots of advice and examples provided. Form your game plan and implement it. You'll be fine. Do follow through. In my case the "initial" implementation was a bit of a trial and I did do some "second-guessing" thankfully I stuck it out. You'll get that "feel good - way to go" feeling as the nest eggs begins to accumulate.

    The sooner you start, the better off you'll be.

    Congratulations for planning... implement.

  6. #206
    Thailand Expat AntRobertson's Avatar
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    Quote Originally Posted by Luigi View Post
    Aren't you in your 30's with a UK property?

    Use it to get another.

    In 30 years you should have 3 or 4.
    I just got a quote to redo the floors in my rental property in NZ*...

    Fuck, don't do it!























    *There you go Smeg & Co., add that to the files.

  7. #207
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    Quote Originally Posted by bowie View Post
    Interesting concept few follow - when you are buying into the markets you want the markets at their lows, you get more shares per dollar. When you sell your shares (at retirement time) you want the market at their highs
    ...generally shortened to "buy low, sell high...

  8. #208
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    I have two choices -- work until I cark it or retire and live in penury until I fade away.

    note to self -- way to go dumbass.

  9. #209
    Thailand Expat David48atTD's Avatar
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    Quote Originally Posted by naptownmike View Post
    All you guys living of investment returns what happens when the market takes a dump? Are they that low risk to get 5-10%

    The "market takes a dump" usually refers to the value of the capital asset dropping, not the rent/stock dividend reducing.

    The rents/dividends usually don't change much. It only really matters when you sell and asset to fund your living expenses.


    What does change and greatly effects your retirement is the exchange rate
    “Someone is sitting in the shade today because someone planted a tree a long time ago”

  10. #210
    Head Skivvie Stacker Storekeeper's Avatar
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    Quote Originally Posted by tomcat View Post
    ...generally shortened to "buy low, sell high...
    Reminds me of a term I used to care about as a small time investor ... dollar cost averaging.

  11. #211
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    Quote Originally Posted by Storekeeper View Post
    Reminds me of a term I used to care about as a small time investor ... dollar cost averaging
    ...yep, along with the old investing saw: buy the dips...

  12. #212
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    Quote Originally Posted by happynz View Post
    I have two choices -- work until I cark it or retire and live in penury until I fade away.

    note to self -- way to go dumbass.
    Me too. Had way too much fun as a young man and didn't care about money. Either had it or I didn't.
    Now I'm 60 and working way too much eg. up at 0330 on Wednesday, fly 2 hours, work, fly 2 hours, back to bed at 2200.
    Slept in four beds last week. One of them was mine.

  13. #213
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    I guess what I meant is:

    Say you have $700,000 in a fund and your living off the 5-10% interest as someone mentioned above.

    Giving you $30-35k per year to live on then the market tanks and your $700,000 is now $250,000.

    Or is there something safer that still can yield that type of return with less risk I would have to think something giving a 10% return must carry a bit of risk.

    I would rather have the bulk of my funds in something super safe and just run down the principal over the years.

    Teach me something.

  14. #214
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    Quote Originally Posted by bowie View Post
    That's a workable plan. 3 or 4 rentals managed by a real estate firm should provide a significant revenue stream. "Made in the Shade" and "Livin' the Life".
    make sure you check out the letting agents first,we paid ours 10% of the rental and they couldn't collect the rent,not only the rent but the tenants done a lot of damage costing us 60 thousand pounds.

  15. #215
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    Quote Originally Posted by naptownmike View Post
    Teach me something.
    ...what is your time horizon? Stock markets generally recover over time...
    Quote Originally Posted by naptownmike View Post
    I would have to think something giving a 10% return must carry a bit of risk.
    ...more than a bit in this day and age: look into investment-grade bond funds (corporates rather than government) that offer 2.5-4% return...
    Quote Originally Posted by naptownmike View Post
    I would rather have the bulk of my funds in something super safe and just run down the principal over the years.
    ...look into low-fee retirement annuities that guarantee income for life...the amount of income may change depending on investments, but the check will always be in the mail...
    Majestically enthroned amid the vulgar herd

  16. #216
    The Fool on the Hill bowie's Avatar
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    Quote Originally Posted by headhunter View Post
    make sure you check out the letting agents first
    100% you must do your due diligence - or you will get a bad egg and lose.

    Being a landlord is "work". Downright difficult work, lots of legal shit, lots of validating tenants (life changes) a job loss can turn a "gold" tenant to a non-paying deficit - legal cost involved in "kicking 'em out".

    You need legal representation and formal contracts defining rights and responsibilities. It is not a simple matter of counting the rent as it comes in.

    Absentee landlord can't just run over and unclog a toilet, fix a roof leak, etc.

    A whole lot involved in being a landlord - it is a Business.

  17. #217
    The Fool on the Hill bowie's Avatar
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    Quote Originally Posted by naptownmike View Post
    Teach me something.
    See Tomcats post.

    For myself, I played the market many moon ago - fun, but, far too much work. Win some, lose some, never made much, taxation etc. pretty much broke even. If I add in the hours I spent doing due diligence I was working for pennies.

    So damn much involved, thousands if not tens of thousands of investment vehicles and definitely one size does not fit all. To win you need expert professional advice.

    I turned my investments over to a large USA based brokerage firm. We selected them to manage our companies 401k plan. So, in appreciation they waived my "application" fee (I think it was a 5% buy in), defining me as an existing customer when I transferred my mutual funds into their firm.

    I'm in great shape after investing/contributing 10% of my salary into tax deferred retirement accounts, as my earnings increased and I could afford it I went to 15%. Mad money I made doing consulting work I invested into Roth accounts controlled by the same brokerage firm.

    Anyway - Start Contributing 10% of your salary into a tax deferred or tax exempt investment vehicle.

    You should, for peace of mind - pay a financial advisor (one time fee) for guidance. Do do your "due diligence" but start setting aside you money now.

    The sooner you start - the sooner you'll be able to retire. Good luck.

  18. #218
    The Fool on the Hill bowie's Avatar
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    Quote Originally Posted by naptownmike View Post
    Say you have $700,000 in a fund and your living off the 5-10% interest as someone mentioned above.

    Giving you $30-35k per year to live on then the market tanks and your $700,000 is now $250,000.
    At the risk of repeating myself. Or rambling in non-understandable manner.

    When you invest money you are buying "shares".
    When you value your portfolio you are assigning a dollar value to your shares.
    When dividends are paid to you the cash is used to purchase additional shares (typically).

    Point I'm trying to make is you're dealing with "shares" not money.
    When markets tank - your number of shares remains the same.
    The only time you need to assign an actual dollar value is when you actually sell your shares for cash.
    How much cash you need determines how many of your accumulated shares you must sell.

    In my case, I'm selling @ one half percent of my shares each month. But, my portfolio is earning approximately the same amount. Right now, past year or so, my portfolio's value (number of shares) has not decreased.

  19. #219
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    Quote Originally Posted by bowie View Post
    Or rambling in non-understandable manner.
    Quote Originally Posted by bowie View Post
    When you invest money you are buying "shares".
    ...*cough*...not true for all asset classes, i.e., physical gold (or other commodities), cash in deposit accounts, etc...
    Quote Originally Posted by bowie View Post
    When dividends are paid to you the cash is used to purchase additional shares (typically).
    ...in a total return fund, yes...but in many other types of funds or even individual company stock returns, dividends are used as income for many...

  20. #220
    The Fool on the Hill bowie's Avatar
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    Quote Originally Posted by Shank View Post
    Moo Baan Fee $50 is steep for Nonthaburi
    Large property - fee based on size.

  21. #221
    Thailand Expat David48atTD's Avatar
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    Quote Originally Posted by naptownmike View Post
    Teach me something.
    Diverisify into some local shares. Gives some currency hedging and the dividends are healthy.

    https://teakdoor.com/business-finance...ml#post3949567 (Thai Stocks / Shares and the SET general news)

    ^ Bank of Lao but traded on the SET, Stock Exchange of Thailand

    ---

    Some Thailand infrastructure Stocks, from my StockBroker ...

    If you would like Infrastructure Funds, I recommend TFFIF which name is THAILAND FUTURE FUND.

    They invest in the right to receive 45% of the Net Toll Revenue collected from the existing routes of the Chalong Rat and Burapha Withi Expressways for a 30-year period from October 29, 2018 (the Transfer Revenue date in accordance with the Revenue Transfer Agreement).

    The dividend yield is about 5% per year.

  22. #222
    CCBW JPPR2's Avatar
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    Quote Originally Posted by bowie View Post
    I played the market many moon ago - fun, but, far too much work. Win some, lose some,
    Same me, Back in the big Tech run 1998 thru 2002ish. Did pretty darn well. Of course capital gains tax was a killer being I was day trading for fun while I had my full time reg job.

    I rolled my 401K into a personal IRA and kept it moderate until Trump seemed like the winner for Pres. Left some money on the table with that move but now my IRA sits in full cash position. No risk. I am still making a nice interest clip and I have no need to touch it at this juncture. Beauty right now is I am working and bank 85% - 90% of my net pay as I have virtually no financial liabilities. Crazy sometimes as I never in my working career in the US was able to enjoy that. I was lucky to net 15% - 20% and somebody always had their damn hand in my pocket. Of course I was putting max into my 401K for years. Here now, Its like Lottery winning every 2 weeks.

    That said though, when I setup my financial plan with my wife it was always to be a pensioner here at some point that way all my other investments and cash positions were complete upside. I knew as I got older my needs will drop and thus the spending reduces. My crazy hobby shit will begin to subside in the coming years but for now....NO WAY, I spend it like I stole it.

  23. #223
    The Fool on the Hill bowie's Avatar
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    Quote Originally Posted by JPPR2 View Post
    I spend it like I stole it.
    Game well played.

  24. #224
    Thailand Expat terry57's Avatar
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    If ya have worked a real job for 40 fookin yearz like me good self the budget is open. Try that fookers. Innit

  25. #225
    I'm in Jail

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    I'm going to visit my father tomorrow, he's 98. Then monday it's off to my uncle and aunty who lives on big Muskego Lake. My brother one sister and a few cousins will be there. This brings to mind the "how long will you live" quotient in the equation.

    Man I hope I don't fall off a jet ski, my ribs still hurt from my last stupid stunt.

    How long is a piece of string?

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