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  1. #76
    CCBW JPPR2's Avatar
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    Quote Originally Posted by jabir View Post
    Otherwise get the last bit wrong and you could end up on Beach Road cuddling up to a 40bt bottle of beer each afternoon
    Might not be such a bad thing if 80 in a wheelchair.

  2. #77
    The Fool on the Hill bowie's Avatar
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    Hell, I gave up trying to time the market years ago. As its all emotional you just cannot "time" the markets.

    As far as investment strategies, so many varieties exist, all I'll say is Good Luck in picking a winning strategy. The old staples of; fundamentals, buy and hold, invest for the long-term, and, the most important "diversification" not keeping all your eggs in one basket, do apply.

    Played the market for a couple of decades, win some, lose some, over the course of time about broke even, slightly positive but the cost of the trades and taxes put me slightly negative. Mad money so of no consequence. It's really just too damn much work to be a "trader" - due diligence on the thousands of possible investment vehicles - forget about it.

    Today my portfolios are under the control of an active investment brokerage firm using their conservative retirement strategy. The investment broker employs dozens of analysts and God only knows what they use as triggers. A gross overview of my portfolios diversification provides roughly a third in each of cash, bonds and equities. Over the past twenty years this trading platform has provided myself returns averaging 6-8% per annum. Very satisfactory performance in my eyes.

    And the best part - I can ignore it entirely.

    ahh yes, just sittin' pretty and lovin' the life amen and hallelujah

  3. #78
    I'm in Jail

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    Good morning fellas, should be another crazy day. As for paying people to make decisions on my financial future I don't. As for advice ( and I've never used one) they say it's best to trust a fee only not % type bone thrower. 6% ain't bad but I have enough mouths to feed.

    Best of luck, gotta run.

    the fish

  4. #79
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    Quote Originally Posted by bowie View Post
    And the best part - I can ignore it entirely.
    Indeed that is the best part. My assets are mostly real estate. I will admit that I lucked into them thanks to my grandfather but they are far more valuable than the investments I created for myself through my own work efforts thanks to Seattle being an explosive real estate market over the last twenty years. I basically just run a property management biz and these properties generate substantial revenue. A big reason why I only work part time doing consultancy work. I am very cheap and do not even allow myself the luxury of a new car. I sock it all away.

  5. #80
    Thailand Expat armstrong's Avatar
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    Quote Originally Posted by jabir View Post
    Dying broke is a good formula if you have no kids, and of course if you know when you're going to die.

    Otherwise get the last bit wrong and you could end up on Beach Road cuddling up to a 40bt bottle of beer each afternoon.
    Sitting on a beach and drinking a beer when I'm old seems ok to me.

  6. #81
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    Troy's Avatar
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    ^ Getting older will do me...

  7. #82
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by bsnub View Post
    I am very cheap and do not even allow myself the luxury of a new car.
    Did you cancel the Tesla then?


  8. #83
    disturbance in the Turnip baldrick's Avatar
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    why is sh1tpaper being stockpiled ?

  9. #84
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    Quote Originally Posted by harrybarracuda View Post
    Did you cancel the Tesla then?
    Pretty well known that I cancelled it over two years ago when Tesla delayed delivery of the base model that I had ordered.

  10. #85
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    wrong thread

    Post removed
    Last edited by Dragonfly; 03-03-2020 at 02:56 PM.

  11. #86
    disturbance in the Turnip baldrick's Avatar
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    from the advices of the medical professionals it would seem that rubber gloves would be the prophylactic best stocked up on

  12. #87
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    I thought the wife was in a pretty safe place, being up in the sticks of Isaan. However, she has heard rumours of a couple returning from Korea being pretty sick and refusing to go to the hospital. That's in the market town about 20km away. Lots of villagers calling for them to go to the hospital so they'll either go or be lynched by morning. If they are infected then it won't take long before it has spread around the province...

    ===========

    She has stocked up on baby food and pampers...the adults can look after themselves.

  13. #88
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    In a place where people often sit in circles eating with their fingers and sharing the same dish I'd opt for the rubber gloves. There are those on the board that could use the pampers though.

    Good luck with it.

    Fishy

  14. #89
    Thailand Expat jabir's Avatar
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    Quote Originally Posted by fishlocker View Post
    In a place where people often sit in circles eating with their fingers and sharing the same dish I'd opt for the rubber gloves. There are those on the board that could use the pampers though.

    Good luck with it.

    Fishy
    Rubber gloves are probably better protection against the CV than masks, but keep it to yourself you don't want people to think they may have been misled by their glorious leaders.

  15. #90
    CCBW JPPR2's Avatar
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    I think the US is going to take off like a wildfire unfortunately, California specifically due to its diversity in population. Our society is loaded with retirement communities and nursing homes. Those all have medical nurses in and out. if one or two bring it in, it could cause complete havoc. I spoke with my Dad this morning and told him he needs to cancel any doc appts for the near term. They only go for check ups on and off, those can wait.

  16. #91
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    Quote Originally Posted by baldrick View Post
    from the advices of the medical professionals it would seem that rubber gloves would be the prophylactic best stocked up on
    ONLY if u dont touch ur face with the gloves on

  17. #92
    disturbance in the Turnip baldrick's Avatar
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    ^ if you had rubber gloves on I would say that you would more likely remove them to scratch your gonads which would keep the gloves away from your eyes

  18. #93
    Days Work Done! Norton's Avatar
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    No need to stock up here. All we need we grow or raise but I may run over to Makro and stock up on tortillas and corn chips.

  19. #94
    Days Work Done! Norton's Avatar
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    Quote Originally Posted by Troy View Post
    However, she has heard rumours of a couple returning from Korea being pretty sick and refusing to go to the hospital.
    Not rumor. A fact.

  20. #95
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    Quote Originally Posted by Norton View Post
    Not rumor. A fact.
    Which part of Isan?

  21. #96
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    I heard a similar story, a local returnee from Korea, in Nongbualamphu.
    Just wondering if it is the same story or another one.

  22. #97
    Days Work Done! Norton's Avatar
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    Quote Originally Posted by Shutree View Post
    Which part of Isan?
    Roiet.

  23. #98
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    ^ That's interesting and quite likely the same people that they had heard about. However, the talk was of a couple in the same Amphur, which has worried the wife. She has decided not to take her mother to the hospital for her monthly check-up any longer. Better to not take the risk unless some major problem arises.

  24. #99
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    Quote Originally Posted by fishlocker View Post
    Any other questions?
    Do you believe the central banks cutting interest rates, it seems to their tool of choice, will succeed?

    Some are suggestion, as the real problem is a global inability to create the situation of workers returning to their workplaces. To refill the grid locked supply chains. As well as getting the buyers back and into spending mode.

    That financial smoke and mirrors utilised previously, will fail.

    Dead Cat Bounce: Central Bank Easing Sends Stocks Into the Stratosphere

    https://www.unz.com/mwhitney/dead-cat-bounce-central-bank-easing-sends-stocks-into-the-stratosphere/
    A tray full of GOLD is not worth a moment in time.

  25. #100
    I'm in Jail

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    This sould do for a couple of days..haha.

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