Thread: Thai Baht Rates .

Frogs are good, and in LOS they are bound to come with some delicious sauce to drown out the taste regardless

Originally Posted by buriramboy

Originally Posted by Thai3

I wonder how low most Brits can stand the pound going before they have to fuk off back there? For me i'd say 35

That will all depend in what currency they derive their income in. Only people who will be hurting are those who had small incomes to start with solely in sterling, but even at 35 baht to the pound still cheaper to live on bugs and berries in rural Isaan than in the UK.

Assuming no Thai marriage, then the watershed annual income minimum is obviously 800,000 baht being the rate set for those wishing to reside lawfully without the need for travel. At 40 baht per £, we are therefore looking at an income of £20,000. Of course, taking the lump sum/lump sum + income options offers alternatives but if one were denied those then retirement for many would be problematic.

I would suggest there are many worried for their future not least because the typical average combined pension income in the UK is around £17,600 but most believe that figure is skewed by those receiving large pensions from their private sector final salary schemes which also yielded 2/3rds of their salary.

An exchange rate of 35bt to the £ would be challenging for many but for those who are renting with no other income other than their pension(s) then such a rate would mean a return to Blighty where they would receive benefits and housing assistance etc.

Brexit means there will be many returning - there are 5 million living abroad but when the £ falls below the US$ their residence will be untenable.

I see the stock market is falling amid fears about the Donald Pig. With the contraction in global demand, the unravelling of the Chink economy, the forthcoming world bear market and global security fears arising out of a return to trade protectionism and territorial bickering, I think Brexit will hasten a destruction of the union and life for most will be a matter of economic survival.

Essentially, if you have no debt and a secure income and somewhere to live, then batten down the hatches and just hope a tree doesn't fall on you.

The only decent thread on here!

Hopefully after Friday's meeting between May and Trump the pound will Rise further.

I would suggest there are many worried for their future not least because the typical average combined pension income in the UK is around £17,600 but most believe that figure is skewed by those receiving large pensions from their private sector final salary schemes which also yielded 2/3rds of their salary.

combined pension = couple?? or various private pensions.
dont think there are too many pensioners on 17k


Essentially, if you have no debt and a secure income and somewhere to live, then batten down the hatches and just hope a tree doesn't fall on you.[/quote]
amen to that.

With Fed Chair Yellen and D. Trump both in agreement that the dollar should be weaker, I get the feeling Americans abroad spending in USD are about to be in for it a bit...

Might be time to change those dollars while they continue to fetch a good price.

The US dollar is going back up today.

True. I certainly hope so.

Hoping that housing prices begin to see a downturn along with the potential interest rate rises as well

Looks like my US dollars will go back into storage for the time being.

Originally Posted by lob

combined pension = couple?? or various private pensions.
dont think there are too many pensioners on 17k

The average pension income I have seen cited on the 'net, I have assumed combines an occupational pension, any private plan and the State Pension Allowance.

If one delves into Civil Service data, the average annual pension is in fact around the £5,000 mark given that the average length of service is about 13 years and many civil servants are in fact women of whom a significant number are part time workers, and of course the best most civil servants could ever have hoped to achieve, until very recently, was a half pension.


But, as I mentioned previously, many in the private sector obtained final year pensions equal to two-thirds of their salary at termination which does raise the bar somewhat.

If there are two of you then the world is your lobster and all is fine and dandy.

Thai Baht is going down fast .

Not as fast as the bloody pound

^
I think he meant that the pound was depreciating against the Thai baht

Come on England, defend your currency!

^
Brexit will be triggered before the end of March and the £1 will be worth 35 Baht then ,

Currencies and economies have false value and worth.

Why play the game?

Because food?