
chiang mai
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Everything posted by chiang mai
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Oz $ losing so much value to the Baht
chiang mai replied to scorecard's topic in Australia & Oceania Topics and Events
A seriously helpful explainer from the Oz Central Bank explains the drivers for AUD value and everything related. Kudos to them for producing this. Note the part about reliance on commodity exports versus currency strength. https://www.rba.gov.au/education/resources/explainers/drivers-of-the-aud-exchange-rate.html -
A full medical check up in the Bangkok area?
chiang mai replied to Gee Bangkok's topic in Health and Medicine
They test for different things. The cardio stress test checks for cardiac blockages and heart health, an ankle brachia test checks for peripheral artery disease. Get the stress test, the AB test is cheap enough on its own anyway, if needed. -
A full medical check up in the Bangkok area?
chiang mai replied to Gee Bangkok's topic in Health and Medicine
Cardio stress test is highly recommended, it's how I found out I had blocked arteries and needed a cardiac stent. -
A full medical check up in the Bangkok area?
chiang mai replied to Gee Bangkok's topic in Health and Medicine
Not really. A colononscopy and endoscopy is painless, usually sedated so you feel nothing and wake up refreshed. -
25 was a reference to USD, that was the rate at which THB was pegged for decades, prior to the 1997 crash. Against GBP, 35 would be the corresponding rate, a level it started to get close to, pre-covid in 2019. (GBP/THB reached 37 in July 2019) If 25/35 sounds stupid then you don't understand currencies or economics. I came here to live permanently in 2004, even at that time I did my planning based on 35, not the rate at the time....why would you! https://tradingeconomics.com/gbpthb:cur
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Agreed that delay was one of the effects of the change, but the rule change was implemented as an exemption to a specific group of financial assets. EDIT TO CLARIFY: "DI No. 162/2566 was issued to clarify that the interpretation provided in Clause 1 of DI No. 161/2566 should not apply to foreign-sourced income derived before 1 January 2024". https://kpmg.com/th/en/home/insights/2023/11/th-tax-news-flash-issue-146.html As you can see, ALL income earned before that date becomes exempt.
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Portfolio Tracking
chiang mai replied to 1FinickyOne's topic in Jobs, Economy, Banking, Business, Investments
Go to Trustnet and register, then click on portfolio and begin to build in your holdings,,,,,it's pretty good, I use it for tracking and modelling, to supplement what my platform provider gives me. -
Oz $ losing so much value to the Baht
chiang mai replied to scorecard's topic in Australia & Oceania Topics and Events
THB will strengthen on the back of the US Fed rate cut but not against all currencies. USD connected currencies, those that are pegged to USD or which are hard or soft managed against USD, will gain, others may not. THB is soft managed against USD (Managed floating rate). AUD is an odd one because AUD is a proxy for the Chinese economy and the YUAN. China is Australia's biggest trading partner and since the Chinese economy is in the doldrums, Australia has not been exporting the volume of goods they expected. That has put downward pressure on AUD because there isn't really a fall back option, they have to wait for China to recover. So AUD is more prone to move as a result of what happens in China than it is when things happen in the US. -
That's not quite correct! The original rule change was announced in Por 161, that did away with the tax loop hole. A concession was then granted via Por 162 which exempted any income earned prior to 31 December 2023. OP: it's work in progress, nobody knows or understands the likelihood or timing yet, it's still very early days.
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Portfolio Tracking
chiang mai replied to 1FinickyOne's topic in Jobs, Economy, Banking, Business, Investments
Hope for war, that will turn round your position. -
The thread has become irrelevant, just a talking shop for some bored and lonely chums to chat about their pet hobby. There's no new or practical information that's useful or relevant, just a recycling or rehash of the same old material, issues and arguments, no surprise then that so many older posters have left. It's like, the party's over, it was time to go home hours ago but the message hasn't sunk in. I'll check back in a couple of months.
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Portfolio Tracking
chiang mai replied to 1FinickyOne's topic in Jobs, Economy, Banking, Business, Investments
Morningstar and Trustnet both have free tracking services, as does Yahoo Finance..... but a spread sheet works best. -
Look, I can't keep going backwards and forwards in time like this, the wife gets too annoyed plus time machines are not cheap to run you know! Anyway, case proved beyond doubt, next case please ballif.
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Anecdotal evidence, nothing more. And I doubt you are of Grandma's age, not if you can't spell it!
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You wouldn't say that if you were Granny.
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Yes, I tested it, the mask worked!