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ghworker2010
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Posts posted by ghworker2010
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We are considering a new rental contract.
We maybe want to ask the landlord to cut a square sized hole in the wall similar to the attached photos of the shop next door
The photo with my sunnies depicts the width of the said wall
How feasible is this task and how would they do it.
Thanks
Sent from my iPhone using Thailand Forum - Thaivisa mobile app
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33 minutes ago, allane said:
Of note to any new teachers out there, by which I mean having worked less than one year in Thailand: Income tax returns, and payment of income taxes are based on the calendar year. If your contract is for the academic year, that is irrelevant. The deadline for 2017 is March 31, 2018.
Is the income reported from the 31st March last yr to the 31st this yr? Is that what your saying?
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2 minutes ago, jenny2017 said:
You can file Personal Income Tax return and make a payment to the Revenue Department within the last day of March following the taxable year.
Of course can go you be there earlier to avoid the crowds.Even if you don't have your tax card, you've got a Tax Number. They'll find you on their system and please be aware that they've added a few numbers to the tax number. I hope that helps you a bit.
P.S. The changes of the tax number was made a while ago, can't really remember when, but they'll have your actual one.
Thanks for that.
cheers
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I can't remember if I have to visit the tax office prior to the end of Feb' or March. Can anyone assist?
This year I don't have a tax letter because I moved house since last visiting the office. Can I presume that they will be able to find me on the system? TIT.
Many thanks
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Go back to the nanny state where you were born OP. TIT. Stop whinging. Its not the dogs fault.
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This article is interesting:
''The “canary” to watch is the US long bond rate – if that moves up (say) 100-150 basis points, expect a stockmarket collapse, and probably a credit crisis.''
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22 hours ago, 4MyEgo said:
Hi Tony a very interesting blog, but can I say one thing as an Aussie xpat, its not all that depressing if you stumbled onto the research I have, i.e. you can avoid paying tax if you invest your money in the ASX, I don't know if you or the other readers here know this, you can sell your property that is providing you with an income less 32c in the dollar to the tax man, less maintenance costs, water, council rates, insurances, vacancy factors, agents fees, agents re-letting fees, advertising costs etc etc, then you have capital gains tax, but not before you get a retrospective fair market valuation as at the date you left the country, hopefully the valuer will give you a higher figure to minimise your future liability.
I mean seriously who wants to hang onto a property, by the time you add the above its a 50/50 split, however if you invested into a low risk portfolio in the ASX through a good broker you could be earning 5%-6% net yearly, and very easily, all tax free, i.e. you by fully franked shares (tax paid at the time the dividend is paid), problem solved and any capital gains tax is yours because there is non to be paid, sound to good to be true, well its true and legal, I have been doing it and there is no problem, and sure, shares rise and fall, but if your not selling when they are down, your good, I sell when I want to take profit, and I also get involved in my portfolio, and in 6 months I was managing 7.5% net, that's 15% per annum tax free with a low risk portfolio, so worth looking into as a foreign resident.Are you saying that fully franked shares are all tax free and the capital gains?
What about investing in international shares? I heard capital gains on them are also tax free. Is this correct?
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3 hours ago, PerkinsCuthbert said:
I'd be cautious about investing a lot of time and money in crypto payment systems until it becomes clearer whether they will become generally acceptable. At the moment the evidence is mixed at best.
yawn. I can tell you know nothing about crypto currencies....
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This will be useful to know.
just out of interest, is it legal for businesses to accept cryptos. I thought I read last yr that its not
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This info is cited from 13D research:
Will there be a failed rally in the S&P 500 or will we see modest new highs before the decline resumes in earnest? Many comparisons to 1987 have been floated in recent days—with good reason. Recall that the die was cast after the Plaza Accord in 1985, when the G4 agreed to a big dollar devaluation because the enormous rally in the greenback under Reagan and Volcker was harming U.S. export-competitiveness. In 1987, the U.S. dollar was falling rapidly, accompanied by soaring bond yields—while the stock market was hitting new highs. If there ever was a signal to be cautious, that was it.
One important unanswered question is how will bonds respond if U.S. stocks continue to decline at this rate? Will Trump tweet angry messages to the Fed? What impact will this have on the perception of the Fed’s independence? And how will that impact the U.S. dollar? Is it possible that this time, after rallying briefly, bond prices will fall, accompanied by a falling dollar? And, what if this turns into a self-fulfilling downward spiral?
Four things caused the recent decline in U.S. equities—and they aren’t going away anytime soon. First, inflation is finally coming and will likely overshoot. Second, bond yields are responding by breaking out to the upside. Third, the U.S. budget deficit—due to the tax-cuts and end of spending restraint—could easily exceed $1.2 trillion next fiscal year, with trillion dollar deficits as far as the eye can see. Fourth, when the Fed began tightening its monetary policy a few years ago, it had little impact on U.S. asset prices because of the inflow of liquidity from Japan and Europe that was triggered by the extraordinary level of quantitative easing going on in those countries. Now, the Fed is scheduled to increase the runoff this year from its portfolio from $20 billion a month to $50 billion a month—at the same time that the ECB and the BOJ will begin withdrawing their monetary stimulus.
The wildcard in the market outlook is the algorithmic trading and all the new financial products initiated since 2008 in the U.S.—reminiscent of the program trading so widely blamed for triggering the October 1987 market debacle. A 1987 type event is therefore entirely possible.
The following observation by Vitaliy Katsenelson, in a recent Marketwatch.com opinion article, underscores the risks we see: “The consequences of well-meaning (but not all-knowing) economists setting the cost of money are widespread, from the inflation in asset prices to encouraging companies to spend on projects they shouldn’t. But we really don’t know the second-, third-, and fourth derivatives of the consequences that command-control interest rates will bring. We know that most likely every market participant was forced to take on more risk in recent years, but we don’t know how much more because we don’t know the price of money.”
The sharp reversal in U.S. stocks is unprecedented. We quote from a Bloomberg article entitled, “This Is the Worst Momentum Swing for U.S. Stocks in History”: “The S&P 500 Index’s 14-day relative strength index—a technical gauge of the magnitude and speed of price movements—has swung 57 points lower over the past two weeks. ‘The journey from ecstasy to agony is entirely unprecedented, in the United States at least,’ writes Bloomberg macro strategist Cameron Crise, who earlier noted this inauspicious achievement. ‘That’s the largest momentum swing in history—and it’s not particularly close.’”
U.S. Treasury 30-year bond yields have risen sharply and are now testing the 2015 downtrend line. Intermediate-term momentum is rising sharply. Will investors buy UST bonds to hedge against a falling U.S. stock market? Or, will investors sell bonds to hedge against sharply rising inflation?
Has the long-term cycle in the global reflationary forces reached a critical point? Trump’s election in late 2016 triggered the “Trump reflation trade”, the first important sign in the financial media of a shift in investor psychology from deflation to reflation.
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The comment from bloomberg is interesting. This yr is really uncertain for the U.S share markets
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Just now, yogavnture said:
hows your new business going. what do u care u are out?
I care bc when the market crashes Im going to buy back in when everything is on sale.
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On 2/6/2018 at 10:54 PM, yogavnture said:
then they will go down then they will go up. stay in dont time it. i suspect the originator of this thread is elderly. so he got out at a good top. good job. but im young . imnot ready to finishout the markets for good. 50% of businesses fail. seems to me the markets have better odds than that
You sound young... I'm guessing by your comments you're in your 20s . Actually I'm not that elderly compared to the average farang in LOS.
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On 2/6/2018 at 9:59 AM, yogavnture said:
generally is key word here. no one knows what the markets do.
quote from richard duncans website:
Between now and the end of 2019, the Fed will extract more than $1 trillion from the financial markets through Quantitative Tightening. Just as Quantitative Easing created money and pushed asset prices higher, Quantitative Tightening will destroy money and cause asset prices to fall. Market participants are still greatly underestimating the damage that the destruction of $1 trillion is likely to inflict on asset prices over the next 24 months. In fact, if the Fed continues to tighten in line with its current plans, asset prices could crash, credit could contract and the economy could fall back into severe recession.
Quantitative Tightening will also be expensive. It will cost American taxpayers hundreds of billions of dollars over the next decade. There is a much cheaper way for the Fed to accomplish its goals. This video explains how it should be done.
Monetary Policy is the government’s most effective economic policy tool. It is also the most important factor driving asset prices. This two-part Macro Watch series lays out everything you need to know about how the government conducted Monetary Policy in the past and how it is conducting Monetary Policy now. This is invaluable information for those who want to anticipate the direction that Monetary Policy will take in the future. Investors who can do that successfully are likely to be very handsomely rewarded.
Macro Watch subscribers can log in and watch this video now. It is 20 minutes long and contains 35 downloadable charts.
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What dates will immigration be closed over songkran? Are all offices the same?
Thanks
Sent from my iPhone using Thailand Forum - Thaivisa mobile app
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On 1/25/2018 at 4:41 PM, yogavnture said:
so u followed thru on 1.24. 2018 . at least you seem honest in your statements. the Nasdaq closed down .61% yesterday so u picked a bad day to sell........closed at 7415, lets see how these weeks go with these numbers . and we will see if your decision was a good one
Ok so its been a few weeks.
I sold my shares a few weeks ago at $190 and now pre-market its $178. I got lucky. I think its nothing compared to whats going to happen this yr.
Next time I think you should be careful about all your silly comments on page 1 and 2. Please re-read them all and learn not to be such a <deleted>.
many thanks from all thaivisa.com users.
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4 hours ago, Daveyh said:
Doomed! ................ just like 99.99% of relationships here. It's the culture thing that ruins it all. Beautiful women with the wrong mindset about relationships with "farang's" as it's all about family survival & money. You will never realise you are being scammed until it's far too late .............. without a doubt you will not see it coming. Farang's put their trust into their partners too easily & do not expect to be lied to, cheated or robbed by them, so when it happens they are wide open without any defense ........ plus an empty bank account! How many times have I heard my friends say " she is not like that"! ........... difficult to make a comment at the time as out of respect for them you don't. I would love to find someone here that is completely honest & have a true loving relationship with someone. I'm not talking about "bimbo's" as that's asking for real trouble, but just a normal human being looking for the same as me ........ sad fact is that it's not possible here. I think the message is getting across to most farangs now that all relationships here are fraught with danger & law is definitely not on your side.
bar stool talk
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I don’t know if your interested or have time to watch this video but at around the 20min mark this guy (Jeremy Grantham) says some interesting things. He says if the S&P rises to the 3400 range then he is going to sell all his equity positions that he manages in his funds
https://www.youtube.com/watch?v=H7-2pruKE8A
He goes on to suggest that 'individuals' should do the following:
- As a hedge only put 2 to 3% into high momentum stocks
- Invest big into ‘emerging markets’ which I assume he means an ETF index stock fund. He says they are cheap at the moment.
JG said in the video that U.S stocks are incredibly expensive at the moment but global stocks are not.
The video highlights the point that one should consider having some exposure to emerging market stocks because:
- EM have lagged U.S market in recent yrs
- Growing faster
- Economies are less mature
- Populations younger
- Markets volatile
This is one of the ETFs that is recommended by Morningstar in the video:
https://www3.troweprice.com/fb2/fbkweb/snapshot.do?ticker=PRMSX
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10 hours ago, yogavnture said:
whats strange about it. he sold yesterday. the Nasdaq went down yesterday .6 percent.........so .......so far he is losing. at this moment today its up .08 percent. ..............so that means so far he has lost on two days out of two..........
You appear to have no idea what your talking about. I sold at a high price and yes my shares went down. My shares are still less than what I sold them for. No Im not losing.... I can buy the quantity back today cheaper if I wanted to. Your comments highlight the fact that you are inexperienced in trading and have no idea what your talking about.
One of the main reasons I sold was bc of the exchange rate risk. I predict that the USD will be much stronger this yr due to the reversing of Q.Easing. This is confirmed by Trump himself today:
https://www.cnbc.com/2018/01/25/trump-says-dollar-to-get-stronger-and-stronger.html
I really think there will be high volatility and a correction this yr in the markets.
I recommend that you be careful writing about things that you have no idea about. This advice is for free.
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2 hours ago, tryasimight said:
I have decided to get a haircut.
Should I start my own thread?
Your comparing a 200 baht haircut to a potential stock market crash imploding billions of USD. Whats your point?
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2 hours ago, yogavnture said:
good luck on timing the market. u are gonna sell. when. give me a date. tomorrow? when. then lets look at your post over time. so first of all put your money where your mouth is. when are u selling i want a date. or is this post just talk
Last night I sold at 9.31am New York time (late last night thai time). Why are you being anal about this? Whats the point.
Ive sold and my brokerage has issued me with a contract note. What is there not to believe about my thread.
I dont have a crystal ball but I have doubled my money on these tech stocks. The wife and I have plans to set up a business this year. Life rolls on.
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Over 2 yrs ago I purchased tech stocks on Nasdaq and it turned out to be an excellent investment. I've decided to sell all my shares now for the following reasons:
- We are in 9 yrs of a consecutive bull run market. Can we classify the current market as a 'Super Bull market'? Are we in one now or at the end of one?
- Equity valuations have now surpassed both the dotcom mania peak in 2000 and the 1929 mania peak.
- To have a market 'Melt up' this year would cause many problems. (A melt up is a dramatic and unexpected improvement in the investment performance of an asset class driven partly by a stampede of investors who dont want to miss out on the rise rather than by fundamental improvements in the economy). Melt ups often precede melt downs. Theres been 3 super bull mkts in the last 117 yrs and all 3 crashed.
- The U.S Fed reserve is shrinking its balance sheet. Its reversing quantitive easing. Many people are referring to it as 'radical tightening'. The risk to the market is extreme volatility.
- The Feds QE program will result in the U.S$ rising because interest rates will rise. My stocks from back home (Im not American) are negatively effected by this exchange rate risk.
Maybe Im wrong but if there is a big market correction this year then I suppose I will buy back in. Maybe the USD will be higher which is good if I buy using my nanny state currency from back home.
If you follow the markets in the States what are your thoughts on all this? I understand that if the Feds radical tightening causes a 10 to 20% crash or worse (this yr) then they will simply 'pause' their current experiment (or reverse it and start printing money again). Its a unique time bc the Fed is destroying up to 50bn USD a month in this shrinking of the balance sheet program. With the current high household and govt debt levels who knows what's in store this yr if rates start to rise globally. To sum up, my investments on nasdaq have exceeded its sense of intrinsic value and no longer has a margin of safety. Its time to take profits.
cheers
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I have to agree with OP to be honest. The same goes with KuCoin KCS. These 2 coins are like owning shares in a company. Huge price growth potential this yr and next.
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I heard about Dormirax from another member on this forum a few months ago. The guy said he takes it most nights as it helps him sleep.
I tried it a few times and it seems ok. I sometimes suffer from anxiety and feel wound up most of the time. If you take this regularly is it addictive?
This is the generic brand name: Atarax 10m or 25mg Hydroxyzine dihydrochloride. This is what is in most pharmacies I think.
https://en.wikipedia.org/wiki/Hydroxyzine
thanks
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My strategy paid off as it seemed that a lot of money was moving from BTC to the other alts. A lot of them have really gone up big time and I can only thank Binance exchange for being the n.o 1 crypto exchange. Its definitely the best exchange and Ive traded on most of them. Its best to buy some of their coin BNB and thus only pay 50% fees. I strongly recommend sending your bitcoin or ethereum and trading with these pairs (on Binance) to buy any of the alt coins. If your a newbe they have a 'basic' trading screen. Just select market price and your good to go.
Im a buy and hold guy and so far none have turned out to be duds and I own most of the top 12 alts.
I dont know what to think about old Bitcoin. There are so many better options now. If Bitcoin fails to be a storage of value / global currency then its not going to last. Ive already researched the Lightening network solutions to its scaling issues and there are problems with this layer 2 approach. I can't decide if I should completely dump all my bitcoin but I suppose its better to hold some just in case it pops upwards.
cheers
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When buying/ renting commercial premises- property tax?
in Real Estate, Housing, House and Land Ownership
Posted
We are currently negotiating a lease contract for a small business. The owner wants us to pay the property tax. How much is that if the proposed rent is 35000 a month
Thanks
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