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Airalee

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Posts posted by Airalee

  1. 2 hours ago, georgegeorgia said:

    are you talking about me ? 29 million baht ? I wish...i have about 14 million baht which would have to last 20 to 25 years...

    Yes.  I’m including the ฿15,000,000 condo in your net worth….which if you’re only assuming a ROR of 2% at ฿25,000/month (฿300,000 per year) you might want to look into higher yielding investments with less risk (damage from tenants/special assessments/vacancies/etc.). Even Thai condos, if purchased correctly, would offer more than double that.

     

    You have plenty of money for a comfortable lifestyle here.  You yourself said you don’t smoke and only drink a little (good for lower health insurance rates/expenditures in the long run).

     

    Run the numbers through a savings drawdown calculator.  At a 3% after tax return, you could withdraw ฿1,000,000 per year for 64 years.

     

     

  2. 20 minutes ago, Bruno123 said:

    Interesting; but it is a completely different topic where it is appropriate to disclose his circumstances in order to glean differing perspectives on his particular situation. 

    It's not appropriate to disclose the same things on a thread asking about the cost of living in Pattaya and the kind of funds necessary for a comfortable living.

     

    How much someone earns and generates and who isn't even in Thailand is totally irrelevant.

    If they lived here previously and discussed their costs and then said that they wanted to up their income as it wasn't enough, it might be relevant.

     

    But there was nothing to do with the topic at all in many of the replies here. I wanted to read about how people were surviving on their incomes here; not some irrelevant nonsense about the workings of the US healthcare system and how much fun the poster is having with military colleagues...

    First, I do agree with you completely.  I too like to read about money saving tips and not have a thread turn into a comparison of incomes/bank accounts.  But really… what’s the point of someone starting a thread like this when they already admittedly have a ฿29,000,000 net worth?

  3. 1 hour ago, Bruno123 said:

     

    Who gives a flying about 'pie in the sky' savings talk and how much a particular individual earns?

    Apparently the OP who has already laid out his “millionaire status” in a recent thread he started.  So, reading between the lines of this thread, the title might as well have been “how doooo you poor people survive?”
     

     

  4. 1 hour ago, GammaGlobulin said:

    warren-buffett.jpg.7c1f062b69fc140e35ced61876069368.jpg

     

    Do you think Warren wears a cheap suit?

    No.

    Why should he.

    Buffett gets his suits made in China (Dayang Trands).  He gets them for free.

     

    https://www.cnbc.com/2017/02/27/warren-buffett-only-wears-suits-made-by-a-chinese-entrepreneur.html
     

    The average price for one suit is $399-competitive even when compared to ready-to-wear suits.”
     

    http://www.chinadaily.com.cn/business/2017-05/22/content_29437652.htm
     

    Would I wear a suit in Bangkok?

     

    No way.

    • Like 1
  5. Allow foreigners to buy houses as a primary residence in Moo-bans on postage stamp size lots?  Have at it.  There is too much excess supply already.

     

    Allow foreign corporate interests to buy up agricultural land and potentially end up relinquishing control of the nations food supply and subsequently having to buy your food from foreign companies?  No way…don’t do it.

    • Like 2
  6. 11 minutes ago, placeholder said:

    Not incumbent upon me to provide a "full comprehension". What I wrote is absolutely supported by statistics wherever reliable statistics are available. Let me repeat: By relegating those 60 and older to the back of the line in getting vaccinated, Thailand's deaths are much higher than they would be if those elderly were given priority.

    There are more than 3x as many people in the 18-59 age group than in the 60+ age group.  So, proportionally, far more of the elderly are being vaccinated than the young.

     

    You also fail to understand that there is a very large group of essential workers that are under age 60.  
     

    Why don’t you think it’s important for those working in healthcare (doctors, nurses, customer service, maids etc), food industries (Food processing plants, grocery stores, restaurants, etc.), government workers and other essential services that cannot avoid public contact (and do not have the luxury of working from home), but are necessary for the most essential of daily services?  Do they deserve to die?

  7. Various developers in Seattle did something similar after the US housing bubble popped.  Their original asking prices were so high that the discounts weren’t necessarily good deals when the Price/Rent ratio was taken into account.  Similar to what I see in your linked article is that there are undisclosed reserve prices and you can bet that at the reserve price, they’re still making a profit.  Furthermore, when I saw it happen in the past, it was usually carefully selected units with some sort of drawback such as a low floor, blocked view or wonky floor plan.

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