Stay in Thai stocks, or sell up?

[Oxx]

Since the military took over the country's economic performance has been dire.  Over the last 5 years GDP growth has been anaemic, and the SET has gone from 1517 to 1579 - a 4% increase, or less than 1%/year.  With dividends that's probably around 4% annually.  Pretty pathetic, in my opinion, with the country firing at far below its potential.

 

Given that Thailand will continue to be under the jackboot of the economically inept for the foreseeable future, is it worth holding on to one's investments in Thai stocks? Or should one sell up and invest elsewhere?

Edited January 10, 2020 by Oxx

[blackcab]

A troll post and replies to it have been removed.

[tjo o tjim]

Well, seeing ~20-30% annual returns for the last year in US stocks, if that helps with the decision process.  It really comes down to what you invest in.  Funds are always going to have a 1.5-2% penalty relative to individual stocks.  So, funds or index with the currency strengthening you are going to suffer.

 

And then comes the danger of investing in individual Thai-listed companies...

[Oxx]

^^^ Thanks, but the question was more about the future than the past.  Is the differential between US stocks and Thai stocks sustainable over, say, the next 5 years?