2009

You'd get that on a rental property (property valuation increase and also rental income)

That's a good point. Things have changed recently.

How is buying and selling assets gambling? Is buying and selling houses gambling too in yours mind?

Thais are fine at driving a vehicle, but it's their attitude on the road that stinks.

Guess there's no hope for some people ????

There's no logic here. You don't need insurance, until you have a heart attack abroad. Or get malaria. Or get hit by a car.

Ever heard of inflation? Vanish. And you know your expenses don't end when your ability to work stops. Your money makes money for the bank. Only they win. Your interest isn't more than inflation now, you are still losing

Oh yeah, like the millions in the UK who can't turn their heating on and are sitting in the homes now with jackets on. Yeah, right.

How much interest do you get? That's the question. And to answer your question: rental properties virtually guarantee a return on investment. Pretty hard to lose money buying a property to rent out.

Productive assets, obviously. Wait, you didn't think the best thing to do with your money is to give it to the bank so they can lend it out at 10% return for themselves and then give you virtually no interest. ????

The only thing guaranteed by keeping your money in the bank is losing it to inflation. Your mealtickets are going to zero.

Hard to have a life without financial security

They require a copy of rental lease, and owners ID card, and housebook, I am sure. I suppose copies are all ok? They won't want to see original house book or anything?

Yeah, at a different office. I have the child legitimization document (and birth certificate) The previous office wanted me to get a new print out of the child legitimization document from the Amphur each year, rather than just making a copy of the original document. Not sure how Chang Wattana feels about that.

I know vise extension requirements vary from different immigration offices, different regions, and also different immigration officers even. Anyone got up to date experience at Chang Wattana doing the visa extension based on being a parent of Thai child? What documents did they require? Thanks

This is pretty much your answer to everything. Lol. I think you are well aware that people spend money a fair bit on vices, addictions, entertainment, conveniences, and pleasure. And surely you are aware that Brits of all classes go on annual holidays abroad (usually a week or two) which is pretty much engrained into the lifestyle. They could be saving money (obviously) or buying assets instead, but they aren't very financially literate -- which isn't actually their fault cos schools don't teach it and families remain in the dark on that topic. However, they all have smartphones with internet access and it's easier than ever to get information and it's also easier than ever to buy shares. If they aren't willing to help themselves, it'll never happen. Can hardly blame anyone else. They've got everything on a plate in the UK: good free education (even university is free in Scotland), good free healthcare, the dole, other social allowances. There's no excuse.

How are you not aware that everything I just said is really common among in the UK, and most of it in the lower classes too.

You think English teachers in Thailand rake in loads of cash? Buddy, you don't know me. I work 2 jobs to be able to invest something. The same people you talk about probably spend a few hundred pounds a month on cigarettes, dope, booze, and take aways. Not to mention, their annual holiday to Spain for the whole family for two weeks that costs a few grand, lol. Come on, Higgy. ???? They can invest something. They can work overtime. They can get a 2nd job. But they don't want to. Up to them.

What the peasants need to understand is to buy assets. And I don't mean just buy a home. The reason the regular people can't get ahead is cos they just sit with cash in the bank their whole life's and never invest. Nothing to do with "rules"

Me too. Not a fan of evening drinking

Honestly, I dunno why Thai men get such a bad rep here; the women are on another level.

Well, the average villager has: a house, a vehicle, and a million in farm land. They ain't actually poor,so of course they are happy.

Sexist comment. Not racist.

This isn't accurate. Many Thai women don't care for their children either. Bum bum and then let their grandmother raise them. It's cultural and normal in the lower classes. They can then go off and make 50k a month doing massage in Phuket or 100k in Japan/Korea and their kids will still be utterly neglected. Cash is the most important thing. And often after separation, the father is told to go and not show face again. He basically losses access to his kid because her family takes control. But they will then say, "He no good. He ran away." Bull <deleted>. They don't do amicable break ups here. My EX explained this to me when we broke up and were discussing custody. She described it as Thai culture to become mortal enemies after a break up and never see each other again. Childish, of course. And not that many are interested in farang, by the way.

Here we go again......