
RafPinto
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Everything posted by RafPinto
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Dating with Dan. Help the Goat find a Good Thai Woman
RafPinto replied to Goat's topic in ASEAN NOW Community Pub
I take a quarter but only if Britmantoo stays on as an active member and "Liverpoollou" promoted to Mod. -
Dating with Dan. Help the Goat find a Good Thai Woman
RafPinto replied to Goat's topic in ASEAN NOW Community Pub
I don't think that he is very popular. A few viewings when he posts something. Lately about real estate and now into dating 555 Was Aseannow not up for sale? -
Bringing money in to purchase a home: pay tax Selling the property: pay tax Rent and don't buy. Soon, the market will be flooded with apartments for rent as there are hundreds of new building blocs going up and if nobody buys them they will be up for rent. My better half is a bank manager and she says that most loans to buy real estate are now not more approved by head office.
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2 weeks ago, I visited a new project in the Phrom Phong area. Beautiful low rise apartment building. Their main market is Japanese buyers . I asked the sales person if there are Chinese buyers and he replied. Most of the apartments 20million and up were sold to investors from "Myanmar". Who would have thought this?
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What will suffer the most is the property market. If you bring in your hard earned money and will be taxed here, many will think twice before buying anything here plus there are hundreds of new condo towers going up. Who is buying all those apartments? The Chinese? Forget about. I read that they are selling everywhere their properties, US, Canada, Europe and Thailand. The new PM, ex CEO of a real estate company will get soon some calls to relax. Interesting times ahead.
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Thai health minister backs cannabis ban, citing surge in teen usage
RafPinto replied to webfact's topic in Thailand News
Oh dear. I have never heart TAT promoting Thailand as the cannabis paradise. -
Thai health minister backs cannabis ban, citing surge in teen usage
RafPinto replied to webfact's topic in Thailand News
I never saw a single of those shops with any client. Close to my condo, a new shop opened a few months ago. Never a client. Suddenly they are also selling beer, still no client and now they provide visa service for farang and still nobody. A 10 min walk away, there are 5 shops on a 200 m stretch. In my opinion, most of those shops opened to clean some dirty money. Perfect place for money laundering. -
Bread Pitt, a good actor, I think.
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Thailand wants to be the "HUB" of everything. F.ex.: Health Hub Imagine the following: A rich Arab (I see them always in private hospitals) decides to come to Thailand for a major surgery and it will take a few surgeries over a period of, let's say 7-12 months. Surgery plus and all other expenses go into a the millions. Again, let's say 5million Baht. As he/she stays over 180 days, they will be tax residents and for the honour of spending 5 million Baht, they have to pay heavy taxes. Forget about this Thailand. You will lose more then you gain.
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NO Share price has to go up by 2,2% (not including the re-investment of dividends) to break even but I collect the yearly dividend. Hold them for 7 years already and am now on a 8,4 dividend. If figuring in all dividends I reinvested, I am well well above. You only lose when you sell. For the moment it is a slight paper loss. If selling now, adding all money re-invested from dividends, I am over 60% up.
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For freehold, copy of certificate of ownership of apartment/condo in applicant’s name (Or.Chor. 2) AND copy of the sale and purchase agreement of the condominium unit (Or.Chor. 16 or 23) issued by Department of Land. For leasehold, copy of leasehold agreement issued by Department of Land. For investment on other properties such as owning a villa or a land lease, kindly submit the official sale and purchase agreement which indicates the purchase value of the property OR/AND the land deed which has your name as the owner of the Usufruct property right or leaser
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NO Do you know someone who is retired at 50 and is drawing a pension? I got accepted and do not draw any pension. Personal income under LTR : Wealthy Pensioners’ definition is “unearned income such as a pension, rental, capital gain, dividend, etc”. Earned income (salary) will not be considered eligible income for LTR: Wealthy Pensioners application.
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You're only at a loss if you bought the share double the price they are now with half the yield. If you buy now, chances that a good company drops another 50% are very low and your take now your higher dividends. All about timing the market. The ones who bought f ex Shell during Covid are now 160% up. Buy when others sell and sell when everyone goes in. I'm soon out of Shell as I see better opportunities now.
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True. For this reason I invest for the long term. LGEN for example a very reliable dividend payer which increase the last few years dividend by 5% and have already stated to do this for the next 2 years. Didn't cut dividend even during Covid. Strong brand name. Yes, share price is down but that's because now banking and insurance companies are not the flavour of the month. Buying now pays around 8,5 % dividend. If share price goes down and dividend pay date, I get more share for my money. Was the same with my other heavy invest which I never sold. From 24£ down to 9£ during Covid and now close to 26£ again. Dividend around 4% Invest for the long term and if dividends not needed to be withdrawn, reinvest and compound. Just the dividend they pay at the moment compounded repays your investment in 8.xx years. If they continue to increase the dividend at 5%, your principal is re-payed much earlier. I'm happy to hold them for a very long time and now considering to sell my Shell investment at we are not far from all-time high, paying 4% dividend. LGEN, once again in flavour has an upside potential of 30% plus and the juicy dividend of 8% plus. Investing longterm and not gambling short term is my politics.