
paddypower
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Change from 400k to monthly depost
paddypower replied to HarshMellow's topic in Thai Visas, Residency, and Work Permits
yep. seen that. no way am i going put on a limb, by withdrawal the balance of 400k on deposit. happy to see the 400k i withdrew is now earning 10% pa after tax. -
Pita Leads in Latest Poll, Backed by Majority
paddypower replied to webfact's topic in Thailand News
i watch the money. the markets are saying that Pita et al will get neutered, probably in the usual Thai way, where nothing makes sense of the judicial ruling. I'm also getting a feeling that Thaskin has overstepped his mark. Interesting times ahead. to quote: ''I'm an old man, leave me alone - but at the same time, I want PT to hold an emergency economic ministerial meeting ...and bring my sis back while you're at it '' . priceless -
Pita Leads in Latest Poll, Backed by Majority
paddypower replied to webfact's topic in Thailand News
My internationally educated fund manager (says: nothing will change. it is so (deleted) frustrating. as my Thai friends, say 'don't think too much' - a curse of the western educational system. 🙂 -
Weekly Thai Ministry of Public Health COVID reports
paddypower replied to TallGuyJohninBKK's topic in COVID-19 Coronavirus
thanks buddy! not sure why i had forgotten this website. will bookmark it. I live in the NST/Surathani area. -
Change from 400k to monthly depost
paddypower replied to HarshMellow's topic in Thai Visas, Residency, and Work Permits
interesting post. for me, i had 800k, just withdrew 400k . IO said i could withdraw the other 400k and reinvest it within 2 months before my next extension date. like you, i think i will play it safe. leave 400k intact, top it up at the appropriate time. you never know when IO is having a 'bad hair' day 🙂 -
Change from 400k to monthly depost
paddypower replied to HarshMellow's topic in Thai Visas, Residency, and Work Permits
an odd answer from IO: 3 months after my retirement extension renewal date, i had a well connected Thai friend call the same IO officer we dealt with (and whom she regularly deals with for other expats) asking to confirm the date i could withdraw 400k out of my 800k. the answer was ''any time and you can withdraw ''any'' amount of the 800k, so long as your re-deposit it 2 months before the date of you next renewal extension.'' I am 99% confident this is the wrong info. anyone else had a similar experience ? tia (edit: i should add that i am deposited the minimum amount of pension income every month this year, with a plan to switch from the 800k method to the pension income method, in Feb 2025. but that should be irrelevant to the IO ). -
Weekly Thai Ministry of Public Health COVID reports
paddypower replied to TallGuyJohninBKK's topic in COVID-19 Coronavirus
would be useful to get the info they used to report - cases by province . although those with a black sense of humour do get opportunities like mine, yesterday: a couple of Thai tourists on the beach, taking photos of each other with their masks on. -
The Investing Year Ahead
paddypower replied to Mike Lister's topic in Jobs, Economy, Banking, Business, Investments
any infrastructure funds? -
The Investing Year Ahead
paddypower replied to Mike Lister's topic in Jobs, Economy, Banking, Business, Investments
good commentary (excepting Guinness spelling - I assume you've been in someone's basement). May I be the devil's advocate, for a moment? my profile is way off the scale discussed here; nevertheless: my age profile: 78, Wife 82 (both expats in Thailand since 1996). income cash flow profile: 35% Canadian pension, 35% Thai investment (one residential ) property; 30% Thai Infrastructure Fund (after tax cash flow minus cushion for amortization of the capital value due to Fund leaseholds expiring ) . zero from crypto (20% of capital ''invested''/gambled in an emerging network, with a group of friends). crypto holdings are being reduced to reinvest in Income Fund to bring cash flow/income source up to 65% of total cash flows. no dependents. Insurance (health and accident) 1 mill. each, i see the only risk I have to consider is, whether to cash out 100% of my crypto holdings now or wait for what will be a long-drawn out SEC ruling. (In hindsight, I guess this posit should go to a crypto thread). i post it here, because the decision to invest in the Fund is based on the consideration that the Fund currently yields 11.2 % gross. so my question is related to opinions about interest rates, over the 12-24 month horizon. this may be 'off the wall' style investing to most of you, but thanks for any thoughts. -
Phuket hotel boob: Portuguese guest’s topless strut causes chaos
paddypower replied to snoop1130's topic in Phuket News
take a number 🙂 -
6,000 American Sailors Depart Pattaya After Brief Visit
paddypower replied to webfact's topic in Pattaya News
cum was spelled checked. -
THANKS. I'm in a bit of bother here, as Ive scrolled though my saved emails and cannot find any from IO which provides the log on. fortunately, I do have my password. i'll get off my ass and locate where to log in to. again, appreciate the advice, it seems so logical - must have missed doing that, due to living here too long 🙂
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6,000 American Sailors Depart Pattaya After Brief Visit
paddypower replied to webfact's topic in Pattaya News
they came, they left. -
6,000 American Sailors Depart Pattaya After Brief Visit
paddypower replied to webfact's topic in Pattaya News
555 but,but,but says the Ministry of Tourism (currenty undergoing a 'renovation' in leadership) 'Thailand doesn't have prostitution' -
should i worry? 90 day is due May 4. neither wife nor I have received our email notifications. (I just turned off my vpn, which is on, 24/7). the travel issue: same problem for us, its a 250 km round trip and if I have to attend personally, my wife is disabled and unable to attend. I imagine if I have her passport and form signed, that will be accepted. tia for any updates on the system.