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Scott123

Member Since 2005-12-10
Offline Last Active 2011-12-10 07:25

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In Topic: What To Do With 300K

2011-12-10 07:04:18

gk10002000, on 2011-12-09 08:25:03, said:

Get the money out of Thailand and into your hands as soon as possible. Leaving 300k Baht in Thailand in your wife's name in a foreign bank does not sound like a good idea.

Forget the gold idea. gold is very high right now. why take the chance its value will go down? 300k baht is about 10,000 USD. Let me use Dollars just for a baseline. One can get many tax free municipal bonds in the USA either in funds or individual bonds that pay a very safe 4.5% rate. Nothing great, but it is better than nothing. The interest buys a month's worth of groceries.

4.5% rate? You are looking into 10+ years term !!

In Topic: Where Is Gold Going In This Market

2011-03-19 16:49:52

churchill, on 2011-03-19 16:22:44, said:

flying, on 2011-03-19 07:24:25, said:

Interesting week for PM's

In spite of volatility they finish the week quite flat
I think from last Friday till today there is only a +.10 cent USD change in gold &
-.30 cent change in Silver

I expected more volatility in either direction.

I think the terrible events of the last week or so have made people much more cautious - I sold some ( less than 5% ) of my PM stocks yesterday - but think with all the current events PM's will be well supported at this time .

Here is my logic:
China already raised their rate and worker's pay, and their intend is to shift inflation directly to the U.S.
Also, Japan injected QE last week. The world is now flooded with cash. So, in the second half of the year, the U.S. will have no choice but raising interest rate.
When the U.S. raised the interest rate, Gold will come down.

In Topic: Where Is Gold Going In This Market

2011-03-19 16:40:38

I only invested US$10K in Gold, and US$5K in Silver 1.5 years ago, but I still have a big cash holding. Of course I regret not buying more gold at that time. Since then, I have been so indecisive that I missed all the dips, in fear of lost. Oh well, now at the price of >$1300 gold, I don't know if I should get in now. :bah:

Life is so difficult, we all work so hard to make a living, and now have to live in fear of the world economic disasters.

In Topic: Suvarnabhumi Airport: A Bad Experience For Travellers

2011-03-02 09:34:34

After experiencing a reckless taxi driver who almost got me killed on my way from hotel to airport, I would never take taxi to/from BKK airport. :annoyed:

In Topic: What Is Happening On The Property Market?

2010-12-29 14:26:14

LaoPo, on 2010-11-30 16:35:26, said:

I agree with your observations. I contacted several agents in Spain but one replied.

When I told him that the prices they (clients) ask are absurd and not market conform I got a nonsense answer.
When I told him that there are 1, 5 (!) MILLION houses for sale in Spain PLUS the not-yet listed (because it doesn't make sense at all to list since there are NO buyers) he shrugged his shoulders.

The point is that there is no fighting spirit anymore; people/salesmen who are fighting to make a living.
People/salesmen who have the attitude to sell, be successful, friendly with their clients...where are they?

All those real estate agents (I'm an investor in real estate), worldwide, are lazy b@stards who made so much money in the past golden years that they forgot how to do real business and sell again.

Especially in a difficult market where buyers are kings it should be of the utmost importance to treat your clients well....but NO such thing.... <_<