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Rookie123

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  1. With a street value of nearly USD 400k, that's a *dealing* amount of methamphetamine. The old guy was probably promised less than 5% of that, to get it through.. Now the downside risk he is facing is not jail time, it's the death sentence. I wish these mules would look at the risks more closely, before they take them.
  2. Unfortunately true, on both counts. It was the wrong way for the tourists to react. Though the Thai victims would probably get more sympathy if 'scooter scams' weren't such a prevalent problem.
  3. I will let my own experience be your cautionary tale.. Do not buy a Microsoft Surface. Under any circumstances, ever. That is all.
  4. Thai savings accounts will earn you very little: with the Primary Rate (the 'base rate') cut to 1.5% today - and likely to see 1.25% before year-end, banks cannot offer savings rates higher than this, without losing money. The Thai stock market has performed poorly over the last couple of years (look at the SET Index) and, with the prevailing economic headwinds, does not look set to improve in the forseeable, so quity funds/mutuals don't look attractive to me. Thai property on the other hand, remains quite attractive: a villa in Krabi/Phuket etc will yield 10-15% p.a. through rent alone (excl capital uplift): yes, if you're a foreigner (and unless it's a condo) you'll never own that property outright - but many developers now offer 30y+30y leases, to make the investment more attractive to foreigners. Finally, look at international brokers that offer the ability to invest in overseas stock markets: the S&P 500 for example, is up c.10% YTD. ..Just my 2c.
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