chilli42
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Are we now feeling the effects of Ukraine's situation in Asia?
chilli42 replied to webfact's topic in Thailand News
It’s interesting reading the comments here that nobody mentions the needless loss of life and misery that will be visited on the people of the Ukraine for no other reason than geopolitical ambitions. I very one will be a loser in this situation -
COVID infection risk raised back to ‘Level 4’ in Thailand
chilli42 replied to snoop1130's topic in Thailand News
The media have not been our friend through all of this. Here they are fear mongering again to access a few more eyeballs. What happened to responsible balanced journalism? -
Anutin: Thailand's handling of the pandemic "best in the world"
chilli42 replied to webfact's topic in Thailand News
He is just saying this to wind everyone up. Surely he knows the reality. -
New Elite Card allows holders to work in Thailand – for 32 million baht
chilli42 replied to webfact's topic in Thailand News
And still too expensive for what you get. -
Bangkok set for official change of name to "Krung Thep Maha Nakhon"
chilli42 replied to webfact's topic in Thailand News
Well at least we know the source of the brilliant idea. -
I never lend money to Thai men or women. Thirty years here has taught me that being paid back by a Thai is as rare as hens teeth (might say the same for many foreigners here as well). So when I do underwrite a “loan”, in cases where I feel financial support is badly needed, I consider the money a donation. I am almost never disappointed.
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How is it that Thailand always seems to be out of step with what is going on in the rest of the world?
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Finding an architect near Chiangmai
chilli42 replied to jrmaanda's topic in Real Estate, Housing, House and Land Ownership
Sorry to say but the nearest good architect to Chiang Mai is likely in Singapore. I suppose some are dishonest, though we have not had that problem. They just don’t know their craft. If you plan to use a Thai architect and don’t plan to spend mega bucks at one of the top firms then you better read up and know your stuff because the run of the mill architect in Thailand will not. -
Where would you put your earnings?
chilli42 replied to Neeranam's topic in Jobs, Economy, Banking, Business, Investments
Don’t ignore the role of higher interest rates on both the US$ and gold. Gold does well during inflation but does poorly when rates are riding/high -
Where would you put your earnings?
chilli42 replied to Neeranam's topic in Jobs, Economy, Banking, Business, Investments
Where to invest, a first world problem for sure. It’s worth seriously considering real assets such as real estate or collectibles (e.g. high end watches always popular in Thailand). I have money in gold but gold is going nowhere unless the US dollar weakens and interest rates stay low. So it’s a maybe. If you want to tough it out in stocks look to buy stock of companies that have a strong balance sheet and make lots of money … the day of meme stocks, SPAC’s and high growth no profit companies are over for the time being. Oil and Financial sectors should do OK this year. Crypto? You will need a big brass pair to go down this road but who can say what the upside is once prices bottom. -
Thai exports up 17% in 2021, beating previous estimates
chilli42 replied to webfact's topic in Thailand News
Agree … what kind of journalism is this? -
War room set up to suppress rise of food prices
chilli42 replied to snoop1130's topic in Thailand News
They are doing this because they think it’s easy … like in the days of price controls. It’s not easy this time. Costs are really up and Chinese demand is here now. If they are unable to get a grip on this, there will be civil strife ahead. How can Thai’s absorb these price increases having lost their shirt the last couple of years.