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Everything posted by Jenkins9039
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Is it getting too hot for solar panels?
Jenkins9039 replied to Social Media's topic in Alternative/Renewable Energy Forum
On generic sunny days -> 5,000kw system (14 x 400w panels) Will be adding additional 7 550w panels on other side of the house to fill the void in the morning and evening. Also have 300l solar water heater system. -
7/11 credit card: 200 bahts minimum since August 10 (2023) ?
Jenkins9039 replied to anotherfarangishere's topic in Bangkok
This is good.... Will bring back ATM's. -
You can open accounts in Cambodia? Interesting.
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Only applies to people that didn't establish operational entities overseas and matured the funds for the next tax year as a tax free dividend/income.
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Complaints procedure - immigration question
Jenkins9039 replied to matta's topic in Thai Visas, Residency, and Work Permits
Have to 'collectively' unionise and sue the state, create rights and processes. It's what all the migrants, immigrants etc did in Europe, and the US, but foreigners do not do in Thailand. -
It's a bank Lithuania https://help.revolut.com/business/help/more/general/is-revolut-a-bank/ Revolut Business is a bank in some regions we operate in, including the EEA (European Economic Area). Revolut Bank UAB holds a full banking license in Lithuania, allowing us to offer cross-border banking services to our business customers in the EEA. But Revolut Business is not a bank everywhere yet, including in the UK. Revolut Business continues to work towards securing a UK Banking Licence. In the meantime, we offer our UK Customers e-money services, and hold our customer's deposits securely in a third-party licenced bank. Read more about how we safegaurd customer deposits here. We'll communicate any future changes and updates well in advance to all our customers. Note Revolut does CRS, Wise currently does not (hence you know the difference between bank and EMI).
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perhaps, reading online seems to be a common theme, problem is they have your email, phone number, address, etc but never get in touch with you. It's 2.2k so not really bothered but to some it will be a dramatic financial hardship. I'd advise anyone holding a UK account to consider moving it to somewhere else.
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I became aware my account (santander) was frozen in May 2023 after transferring 2.2k in to pay for funeral expenses in the UK. Apparently this was done in Nov 2022. I rang, and it was to update my records in the system. This morning i logged into the account on the off-chance the funds deposited in May were 'free' and the accounts have ceased to exist with a message _0023. I haven't really used Santander in 13 yrs, just kept it open for events such as described. No clue what's happened to the funds, no communication and I understand this is the norm these days. My only advice is keep funds in-case of something similar happening to those less established with other accounts (elsewhere) or all eggs in one basket.
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S&P 500 Index up 20% YTD.
Jenkins9039 replied to Thailand J's topic in Jobs, Economy, Banking, Business, Investments
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S&P 500 Index up 20% YTD.
Jenkins9039 replied to Thailand J's topic in Jobs, Economy, Banking, Business, Investments
NDX expectations by march 2025 (21,000-23,000). Due to Re-fi cycle debasing currency further, and tech out-performing. -
S&P 500 Index up 20% YTD.
Jenkins9039 replied to Thailand J's topic in Jobs, Economy, Banking, Business, Investments
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S&P 500 Index up 20% YTD.
Jenkins9039 replied to Thailand J's topic in Jobs, Economy, Banking, Business, Investments
S&P against US Balance Sheet (since 2013). S&P500 has performed basically neutral towards currency debasement (number go up, spending power remains consistent). Gold is -4% year on year Real Estate -2.5% year on year. -
Gold Into Thailand
Jenkins9039 replied to Bill97's topic in Jobs, Economy, Banking, Business, Investments
Bought some gold nuggets for the kids necklace, no tax, postie left it hanging on the door. -
S&P 500 Index up 20% YTD.
Jenkins9039 replied to Thailand J's topic in Jobs, Economy, Banking, Business, Investments
Up in nominal terms, down in real terms, currency debasement means its flat, gold is -4%, real estate -2.5% yearly back to 2013. Only the NASDAQ +6% against debasement and Crypto (+%) are higher. So yeah 'richer on paper' but can buy the same or less. -
Validating (overseas company). Mining - Have looked at buying land on a river and producing hydro and then operating a BTC mining farm. It's not worth mining with where electrical costs are and where they are going in Thailand (most energy is imported), unless you resolve the supply (generate), then it's pretty much a safe business move. Have a mining op in Africa (hydro).
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I believe the director is on the hook for it, i know a Aussie that got taken to court (criminal) for 600k and he was only a 1% owner of the company, the other parties closed the company and moved abroad.
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TBF who can blame them, the sheer amount of information gathering they need to commence to please the US is absolutely crazy.