107 replies to this topic
Posted 2012-06-23 13:17:13
What would you say was the best way to Invest and make your Money grow in Thailand?
Posted 2012-06-23 13:26:11
I'll Move this to a forum where people who know about this stuff hang out.
Posted 2012-06-23 13:32:26
I would say the Thai stock market. It is both easy and cheap to get started here, much more so than in the west. Of course you shouldn't just jump into the deep water, but either paper trade for a year or so to get an understanding of how it works, what news to believe (and more importantly, what not to believe).
Posted 2012-06-23 13:51:21
Move to Issan and lend it out at the Thai 5%-10% monthly interest rate.
Most loans will now be guaranteed by the Dem party's loan shark buy back program.
What can be better then that.
Posted 2012-06-23 13:54:23
I do not have a clue about Thai stock market, at all. Where do i begin to learn about it ?
I am totally lost when it comes to this...... never felt the need to look at it before, but now in a better position to maybe.
Posted 2012-06-23 14:35:24
Marry a Thai woman and watch your money grow in someone elses bank account.
Posted 2012-06-23 14:52:35
I would go down to ktzmico, their office is just after Tropical Bert, 2nd road, Soi 6.5.
Get signed up for a brokerage account, you need to make a small deposit but it is not much, maybe 10k or so to get started. Then they email you recommendations every day and they give you instructions how to use their trading website.
Start by just following everything until you're comfortable you understand how it works. I'd suggest a year to experience the seasonal changes, but up to you really.
Posted 2012-06-23 16:05:37
I think people in this form can only tell you what not to invest rather than invest. All i hear is how people lost money in Thailand
In my opinion it would be better to invest your money in the west if you can in some sort of safe funds
Edited by givenall, 2012-06-23 16:06:01.
Posted 2012-06-23 16:30:40
Depends how much capital you have, how much return you require (and whether you want a regular income or capital appreciation), and, of course, how much risk you are willing to take.
It is very likely that a well diversified portfolio of assets will better match your requirements than investing all of your wealth in a single asset class.
On the evidence of this thread (and I think you will agree) you are not an expert in this area. I suggest you consult a professional as a first step.
Sent from iPhone; please forgive any typos or violations of forum rules
Posted 2012-06-23 18:30:25
same gender marriage is allowed now in Thailand?
Posted 2012-06-23 18:35:11
Wasn't there the news topic not so long ago about the movie producer who married his boyfriend and paid many millions in sinsot.same gender marriage is allowed now in Thailand?
Does this news create some opportunities for you?
Posted 2012-06-23 20:10:21
willWasn't there the news topic not so long ago about the movie producer who married his boyfriend and paid many millions in sinsot.
have to pay sinsot too if she marries a Thai woman?
Posted 2012-06-23 20:14:52
You remember Shakespeares words don't you.will
To be or not to be : That's the question.
Posted 2012-06-23 20:40:51
Pattaya_girl is a girl. You would have met her if you'd joined some of the Thaivisa meet-up's here.
Posted 2012-06-23 21:24:16
There was a good thread about Thai bank account interest rates recently. Have a look through that one
Posted 2012-06-23 21:32:53
Don't touch anything with a bargepole you do not understand and do not under any circumstances consult any 'financial advisor' in Thailand.
Leave your money in the bank and settle for the interest offered.
If that doesn't interest you, open a bar.............................
Posted 2012-06-23 22:22:29
Make bets with new bar owners that they will be bust within 3 years.
Posted 2012-06-23 22:38:47
I heard the winning rate is very high,however the payout rate is non existing.
Posted 2012-06-23 22:42:26
Thanks for the heads-up on that trading service - I'm in the same position as the OP with regards to be clueless about investing in Thailand and I appreciate your advice about starting with a small amount and learning over the course of a year.
Posted 2012-06-24 04:49:47
looking forward to read your and Pattaya-Girl's report on june 23, 2013 what exactly you have learned over the course of a year.
Posted 2012-06-24 06:42:07
Some people invest in gold,the certificates.Learn about gold and how it goes up and down.You can make out.
Posted 2012-06-24 06:49:12
Owning a bisness is the best way to make money anyplace ..... Kasakorn gold fund is a pretty decent fund for those who want to invest as opposed to work.
It takes more than a year to lean how to be a trader , but losing less than more is a good way to start !
Posted 2012-06-24 08:54:09
Buy a new condo not a 10 million baht unit but something for 1-2 million baht which many foreigners and middle class Thais can afford (bigger market for re-sale or rentals also). Buy off plan so it appreciates in value during the construction phase, and buy from reputable developers such as Q House or LPN.
Sponsored by ...