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  1. #1
    I am in Jail
    Smeg's Avatar
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    Are you financially up?

    Lets face it, you could be deported tomorrow and permanently refused permission to return (sorry Thaiophiles, especially tourists, its very true)

    So do you possess more liquid assets than you did when you first set foot on Thai soil? I mean assets which you could guarantee could be fully exported with you tomorrow.

    I generally think of Thais as idiots who think they are clever, or something special. However, one thing they are very effective at is ensuring that any foreigner that stays onto their soil leaves financially poorer. (yes, of course that ignores the huge benefit to all of our lives that being exposed to Thai culture causes)

  2. #2
    I don't know barbaro's Avatar
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    Quote Originally Posted by Smeg
    So do you possess more liquid assets than you did when you first set foot on Thai soil? I mean assets which you could guarantee could be fully exported with you tomorrow.
    You earn passive income from investments outside of Thialand.

    So, no I'm not poorer - my net worth has improved.

    I generally think of Thais as idiots who think they are clever, or something special. However, one thing they are very effective at is ensuring that any foreigner that stays onto their soil leaves financially poorer. (yes, of course that ignores the huge benefit to all of our lives that being exposed to Thai culture causes)
    Rule #1 as an expat in East Asia:

    Keep your money and assets and investments in your home country where they're in your name and there is the rule of law and it can't be stolen from you.
    ............

  3. #3
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    hirondelle's Avatar
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    ^yeah what he said... or at least not in Thailand - I just don't wanna talk about how much I lost when the Thai baht went oopsie well it wasn't much, but it was over half of what I had if converted to sterling lol

    *now has all her assests in offshore accounts and property investments in Monoco*

  4. #4
    The Pikey Hunter
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    Quote Originally Posted by Smeg
    Lets face it, you could be deported tomorrow and permanently refused permission to return (sorry Thaiophiles, especially tourists, its very true)

    So do you possess more liquid assets than you did when you first set foot on Thai soil? I mean assets which you could guarantee could be fully exported with you tomorrow.

    I generally think of Thais as idiots who think they are clever, or something special. However, one thing they are very effective at is ensuring that any foreigner that stays onto their soil leaves financially poorer. (yes, of course that ignores the huge benefit to all of our lives that being exposed to Thai culture causes)
    Yes thanks, been putting away around 500K every month here for the last 15 years. Why do you ask?

  5. #5

    R.I.P.


    dirtydog's Avatar
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    Quote Originally Posted by Gerbil
    Yes thanks, been putting away around 500K every month here for the last 15 years.
    It must be horrible to be so poor, I mean we are talking zolities aint we?

  6. #6
    befuddled
    danbo's Avatar
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    Money's for spending - spend it....

  7. #7
    Aspiring Guru
    poolcleaner's Avatar
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    Quote Originally Posted by Smeg
    Lets face it, you could be deported tomorrow and permanently refused permission to return (sorry Thaiophiles, especially tourists, its very true)

    So do you possess more liquid assets than you did when you first set foot on Thai soil? I mean assets which you could guarantee could be fully exported with you tomorrow.

    I generally think of Thais as idiots who think they are clever, or something special. However, one thing they are very effective at is ensuring that any foreigner that stays onto their soil leaves financially poorer. (yes, of course that ignores the huge benefit to all of our lives that being exposed to Thai culture causes)
    Don't scare me Smeg, I just drank my last 'Leo' there are no more lquid assets!!

  8. #8
    The Pikey Hunter
    Gerbil's Avatar
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    Quote Originally Posted by dirtydog
    Quote Originally Posted by Gerbil
    Yes thanks, been putting away around 500K every month here for the last 15 years.
    It must be horrible to be so poor, I mean we are talking zolities aint we?
    That was 500K *here*. I don't count my offshore investments

  9. #9
    Being chased by sloths DJ Pat's Avatar
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    Live for today I'd say, the apocalypse will destroy the world in about 25 years anyway.

  10. #10
    Northern Hermit
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    I can always earn. I will always spend.
    last week I had more than this week. Week before I had less than this week. Maybe tomorrow I'll more, maybe less. It's not a conspiracy smegster. just fuckin' life. Can you handle it?
    Fuckin kids think abut some wierd shit man.
    When the people fear their government, there is tyranny; when the government fears the people, there is liberty -- T. Jefferson


  11. #11
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    Sanuk Canuk's Avatar
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    Wow...Frisco you got a bit of an edge to you lately, can't say that I disagree with what you are saying though.

  12. #12
    Head Skivvie Stacker Storekeeper's Avatar
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    I'm confident I'd be pissed off for about a month if I got banned from Thailand since I (or is that my wife has stuff) do have land and a house ... but, I'd get over it. Thailand shouldn't be the be all end all for any expat.

  13. #13
    Thailand Expat

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    Quote Originally Posted by Smeg
    Lets face it, you could be deported tomorrow and permanently refused permission to return (sorry Thaiophiles, especially tourists, its very true)

    So do you possess more liquid assets than you did when you first set foot on Thai soil? I mean assets which you could guarantee could be fully exported with you tomorrow.

    I generally think of Thais as idiots who think they are clever, or something special. However, one thing they are very effective at is ensuring that any foreigner that stays onto their soil leaves financially poorer. (yes, of course that ignores the huge benefit to all of our lives that being exposed to Thai culture causes)
    With Milkman alldaway

    Forget about exporting. What is there to export? Most expats (similar situation for retirees) get part of there wages here to cover local living expenses and the re$t deposited over there wherever that may be. The "local hire" doesn't make much, saves even less and there's usually sweet FA to export. Worse if hitched and with sprogs... and running their own local little biz

    l never import more than necessary

    My liabilities
    Property (hers) 1 houses (that as DD said could be bought using ones credit card) 1 12 y.o. car
    both
    I can and will walkaway from if /\/\/\/\/\

    so, tallying up my losses if and when crunch time comes and we got to run out of here only with the shirt on our backs and shorts over our arses: -house bought for 800k (fuck today's book value 5555555)
    -car 200k baht,
    -mishellanous used electronic/household shit 200k baht tops...
    =1.4 milion or there'n'abouts?
    ~ 35k a merkin' or ~ 20k limey money
    in reality... jack shit , nothing that can't be rapidly replaced (and of course I wouldn't be happy about it )

    Move to Malaysia, Cambodia or to whichever other country one elected to be his new
    SEA (or elsewhere) cavorting residence of choice...
    done, done and done... and my LoSs kankissmaass





  14. #14
    better looking than Ned
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    I probably have about a years wages put into Thailand you know normal stuff home car motortcycles. And if it all ended tomorrow it still would have been worth it as it has been the best time of my life.

  15. #15
    Thailand Expat

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    Quote Originally Posted by Rigger
    I probably have about a years wages put into Thailand you know normal stuff home car motortcycles. And if it all ended tomorrow it still would have been worth it as it has been the best time of my life.
    ^exactly, one of the best times of my life also

  16. #16
    Aspiring Guru
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    Quote Originally Posted by Storekeeper
    I'm confident I'd be pissed off for about a month if I got banned from Thailand since I (or is that my wife has stuff) do have land and a house ... but, I'd get over it. Thailand shouldn't be the be all end all for any expat.
    Thailand certainly is the end for a number of sexpats.
    Check out the dead farang thread.

  17. #17
    I am in Jail
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    I have a little bit more to lose. But if you don't take risks, you don't do shit. Offshore investment are actually more dangerous. With all the "discrete" scandals of people being robbed by offshore investment advisers, money is probably safer here in stock market. Not the best, but not the worst. Properties in Europe like France, UK, Spain and even Monaco I guess is an excellent choice.
    Last edited by Butterfly; 16-06-2006 at 08:30 AM.

  18. #18
    I am in Jail
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    Only TEFLers like Smeg would worry about a few bucks they might lose when being chased out of the country as 'unwanted'.

  19. #19
    I am in Jail
    Butterfly's Avatar
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    Living in a third world country is always risky. We know that before hand. Look what happened in Zimbabwe with the white farmers. They kicked them out and seized their land but now the country can't feed itself.

  20. #20
    Thailand Expat

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    Right Butterfly though Los is not as bad as some places on the dark continent, but things have certainly been warming up around here ie. no elections, no goverment, stuff popping down south, succession doubts, less than stable inflating currency ... plus lets not forget all the daily shitty issues re corruption, xenophobia, pollution et alia

    Wouldn't want to have a business here with tangible assets, stock, realestate infrastructure as I find commercial trade practices a tad restrictive and weighted in favour of the citizen
    Last edited by in4zip; 16-06-2006 at 10:15 AM.

  21. #21
    Part time poster
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    ok so i am not in thailand but in Singapore.

    but when i divorce my wife in the next few months she will get the flat (about 100,000 quids worth) because its only in her name. Doh!

    The worst part is that I had paid for the World Cup pay per view on cable and now I am not even at home to see it....

  22. #22
    I am in Jail
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    ^ Frankly there is no real business here to develop. Demand is not there yet. We can't expect to develop business like we would in an industrial country. The country is far too instable and too "young" to sustain that kind of strong growth. It's a good thing actually. I like living in the past, and living in Thailand these days is like living in the late 60s and 70s. Not a bad choice. It's not like the future is going to be better anyhow.

  23. #23
    Thailand Expat

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    Quote Originally Posted by Butterfly
    ^ Frankly there is no real business here to develop. Demand is not there yet. We can't expect to develop business like we would in an industrial country. The country is far too instable and too "young" to sustain that kind of strong growth. It's a good thing actually. I like living in the past, and living in Thailand these days is like living in the late 60s and 70s. Not a bad choice. It's not like the future is going to be better anyhow.
    True, slower pace and we've some answers to some of the business cycles going on here now, having already experienced similar events in the west...

    I am not as pessimistic though

  24. #24
    punk douche bag
    ChiangMai noon's Avatar
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    I have never had a great deal in my life, never likely too either, i think it's a lot easier that way.
    Far less troubling.
    I expect to live here until I expire, haven't given much thought to much beyond that. Smeg would call this irresponsible, i don't really care.

  25. #25
    Thailand Expat

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    Quote Originally Posted by ChiangMai noon
    I have never had a great deal in my life, never likely too either, i think it's a lot easier that way.
    Far less troubling.
    I expect to live here until I expire, haven't given much thought to much beyond that. Smeg would call this irresponsible, i don't really care.
    good point

    is rich he who need the least, not the most!

    and who GAF what others think as long as you'z happy CMN

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