Jump to content

Foxx

Advanced Member
  • Posts

    686
  • Joined

  • Last visited

Posts posted by Foxx

  1. Went to the bank today to reinvest a maturing fixed deposit. I was disappointed to learn that the rate on a 48 month deposit dropped from 2.2% (pretty pathetic) to 2.0% (even more pathetic) yesterday . What is odd is that the rates for 24 month and 26 month deposits are the same 2%, so no premium for tying up your cash for longer.

     

    Anyway, changed my plan and invested in a short term bond fund (KFSMART-A) which has a yield to maturity of 2.22% (albeit with a duration of 4½ months, so there is reinvestment risk.)

    • Heart-broken 1
  2. 41 minutes ago, georgegeorgia said:

    Yes the beautiful Capella .one of the most expensive hotels in Bangkok 

     

    Personally I have no idea why someone pays 30,000 baht a night to stay there 

     

    Because they can afford it? Because they enjoy luxury? I know I do.

    However, I'm sure there are a lot of less affluent people who resent those who've worked hard all their lives and saved enough money to enjoy the good things in life.

     

    • Heart-broken 1
×
×
  • Create New...