Investing A Paltry Sum Of Usd15,000

[Rickman]

I'd like some genuine and helpful ideas about where I might invest about USD$15,000 and earn a return of more than 10% p.a. (hopefully alot more than that) I'm looking at an active investment, maybe buying shares in a business if it can be done with such a paltry amount.

[correct]

for a good investment opportunity there are always lots of bars in Pattaya looking for an investment of $15,000.

[JimmyCA]

Possibly a beer bar in Pattaya. i hear they are about 10 - 15k.

[Jingthing]

Are you looking for a reliable low risk short term (in other words, you expect this return every year starting the first year) return of 10 percent (hard to find, let me know if you do) or a good bet at a 10 percent return over a long period of time (10 or 20 years) and do you need to take the return out every year? I think those are basic questions to answer before you even start.

Edited May 25, 2007 by Jingthing

[bowthai]

everything depends on if that $15g is money you can lose and on your risk tolerance.if you are hoping for 10% or better than you are in the low risk safety category.

$15000 may seem paltry but if you had put it in apple 2 years ago you would be very comfortable today.

i just bought $25,000 in yen through the japanese yen etf,fxy,and through my everbank yen deposit account.feel the yen is super cheap and the yen carry trade will slowly unwind.also have a $10,000 icelandic krona cd paying 12.55% with everbank.

also plunked down $10,000 on dndn hoping for fda approval of their prostrate cancer drug provenge,but suffered a major setback as the fda wanted more test results and information so am down about $6000 in about a week.biopharma is the vegas of stocks.the winners hit the big time fast and the losers lose just as fast.am holding and hoping the fda grows a brain and approves a drug that at the minimum extends life for tens of thousands of prostrate cancer patients.

my biggest success last week was putting $10,000 on ptel,a uk adult entertainment penny stock.bought in at .06 and it hit .45 in a week.naturally i sold just enough to recover my capital but am up tens of thousand of dollars in a week.porn rocks!

[Rickman]

Are you looking for a reliable low risk short term (in other words, you expect this return every year starting the first year) return of 10 percent (hard to find, let me know if you do) or a good bet at a 10 percent return over a long period of time (10 or 20 years) and do you need to take the return out every year? I think those are basic questions to answer before you even start.

I'm looking at 5 - 10 years and then to reassess, perhaps a business, there would be no need to take the 10% out.

[Rickman]

everything depends on if that $15g is money you can lose and on your risk tolerance.if you are hoping for 10% or better than you are in the low risk safety category.

$15000 may seem paltry but if you had put it in apple 2 years ago you would be very comfortable today.

i just bought $25,000 in yen through the japanese yen etf,fxy,and through my everbank yen deposit account.feel the yen is super cheap and the yen carry trade will slowly unwind.also have a $10,000 icelandic krona cd paying 12.55% with everbank.

also plunked down $10,000 on dndn hoping for fda approval of their prostrate cancer drug provenge,but suffered a major setback as the fda wanted more test results and information so am down about $6000 in about a week.biopharma is the vegas of stocks.the winners hit the big time fast and the losers lose just as fast.am holding and hoping the fda grows a brain and approves a drug that at the minimum extends life for tens of thousands of prostrate cancer patients.

my biggest success last week was putting $10,000 on ptel,a uk adult entertainment penny stock.bought in at .06 and it hit .45 in a week.naturally i sold just enough to recover my capital but am up tens of thousand of dollars in a week.porn rocks!

I'm especially interested in how to invest in something like a new drug, where can I get information on these kinds of opportunities?

Thanks

[cmsally]

i just bought $25,000 in yen through the japanese yen etf,fxy,and through my everbank yen deposit account.feel the yen is super cheap and the yen carry trade will slowly unwind.also have a $10,000 icelandic krona cd paying 12.55% with everbank.

I have looked into Icelandic krona accts before. Do you have to be a US citizen to open an acct with Everbank - they seem to ask for US social security no. Any other banks offering krona accts ??

[The Dan Sai Kid]

Why don't you invest it in gold? If you had a couple of years you would have had a good return by now. Also, no commision, no penalty if you need to cash it in.

[bowthai]

I'm especially interested in how to invest in something like a new drug, where can I get information on these kinds of opportunities?

Thanks

there are multitudes of biotech and drug manufacturer stocks out there in just about every country and market,and most are working on vaccines,medications,etc.

it just takes a lot of digging and research and hanging out on stock message boards for leads.

dendreon,dndn,has been front page news since the pre-approval by the fda and even cnbc's cramer has been first up then down on it.

[bowthai]

i just bought $25,000 in yen through the japanese yen etf,fxy,and through my everbank yen deposit account.feel the yen is super cheap and the yen carry trade will slowly unwind.also have a $10,000 icelandic krona cd paying 12.55% with everbank.

I have looked into Icelandic krona accts before. Do you have to be a US citizen to open an acct with Everbank - they seem to ask for US social security no. Any other banks offering krona accts ??

i think everbank is for us citizens but am not sure.many banks have foreign currency deposits or cd's but the icelandic krona is probably not one of them.the aussie dollar and new zealand dollar also have high interest rates now so you should look into foreign currency accounts in banks in your area.

[The Dan Sai Kid]

We invested £30,000 in an invesco perpetual low risk bond and got £42000 back a year and a half later. Property in NE Scotland would have been MUCH better.

[Rickman]

i just bought $25,000 in yen through the japanese yen etf,fxy,and through my everbank yen deposit account.feel the yen is super cheap and the yen carry trade will slowly unwind.also have a $10,000 icelandic krona cd paying 12.55% with everbank.

I have looked into Icelandic krona accts before. Do you have to be a US citizen to open an acct with Everbank - they seem to ask for US social security no. Any other banks offering krona accts ??

i think everbank is for us citizens but am not sure.many banks have foreign currency deposits or cd's but the icelandic krona is probably not one of them.the aussie dollar and new zealand dollar also have high interest rates now so you should look into foreign currency accounts in banks in your area.

Out of interest do foreign currency accounts pay interest the same as if they were held in the country of currency?

Like could I get 6% or 7% in an Aus or NZ account at HSBC in Thailand? or is it the same interest rate as if it were a Thai account? If it is the former what bank has the best rates for Aus and NZ?

[bowthai]

i just bought $25,000 in yen through the japanese yen etf,fxy,and through my everbank yen deposit account.feel the yen is super cheap and the yen carry trade will slowly unwind.also have a $10,000 icelandic krona cd paying 12.55% with everbank.

I have looked into Icelandic krona accts before. Do you have to be a US citizen to open an acct with Everbank - they seem to ask for US social security no. Any other banks offering krona accts ??

i think everbank is for us citizens but am not sure.many banks have foreign currency deposits or cd's but the icelandic krona is probably not one of them.the aussie dollar and new zealand dollar also have high interest rates now so you should look into foreign currency accounts in banks in your area.

Out of interest do foreign currency accounts pay interest the same as if they were held in the country of currency?

Like could I get 6% or 7% in an Aus or NZ account at HSBC in Thailand? or is it the same interest rate as if it were a Thai account? If it is the former what bank has the best rates for Aus and NZ?

am arriving in bkk in june so am not over there yet and am not familiar with thai banks except from their websites.it appears their foreign currency accounts are just cash accounts and one can make money from the currency's appreciation but not interest rates.hsbc may be different.

uob in singapore does give foreign currency interest rates as well as the bonus of possible appreciation.currency appreciation can boost the overall profits i.e.,the new zealand dollar appreciates 5% as well as pays 7% equals a realized 12% gain,but it can also work the other way if the nzd depreciates.

with the current unstable political stuation in thailand and the currency crisis in the past,i am not sure if i will be opening bank accounts with thai banks.i am definitely opening an account with uob and phillips securities in singapore.

would be interested in knowing if others can get by easily in thailand without thai bank accounts especially regarding atm charges.

Edited May 25, 2007 by bowthai

[crocken]

You can invest in shares......you can buy BBI shares,thats babcock and brown infrastructure.they increase about 10% a year and pay a 7% dividend so total return in 1 year is 17% you can buy these share thru the Australia ASX.via a broker or your internet bank.

[Prakanong]

everything depends on if that $15g is money you can lose and on your risk tolerance.if you are hoping for 10% or better than you are in the low risk safety category.

$15000 may seem paltry but if you had put it in apple 2 years ago you would be very comfortable today.

i just bought $25,000 in yen through the japanese yen etf,fxy,and through my everbank yen deposit account.feel the yen is super cheap and the yen carry trade will slowly unwind.also have a $10,000 icelandic krona cd paying 12.55% with everbank.

also plunked down $10,000 on dndn hoping for fda approval of their prostrate cancer drug provenge,but suffered a major setback as the fda wanted more test results and information so am down about $6000 in about a week.biopharma is the vegas of stocks.the winners hit the big time fast and the losers lose just as fast.am holding and hoping the fda grows a brain and approves a drug that at the minimum extends life for tens of thousands of prostrate cancer patients.

my biggest success last week was putting $10,000 on ptel,a uk adult entertainment penny stock.bought in at .06 and it hit .45 in a week.naturally i sold just enough to recover my capital but am up tens of thousand of dollars in a week.porn rocks!

I'm especially interested in how to invest in something like a new drug, where can I get information on these kinds of opportunities?

Thanks

I do not know about the finance stuff but BowThai can point you at that.

There are registers of clinical trial available and you can track the drugs progress through phases.

Even within these phases the companies must update analysts (financial) with any interim analysis they are doing on on the drug - this will then factor into the stock price.

There are also journal articles and Medical Congress publications where Dr's and scientists present on the progress. If you take the example of say the GSK Cervical Cancer Vaccine candidate you can look at the Lancet and other articles publishing interim data showing the vaccine works and the time it shows it works for up tyo that date. Now its been approved in Oz and will go to other markets soon - you can track a drug.

Problem with something like that though other factors can hit the share price of a company like GSK ie this weeks Avandia scare.

I think the jackpot is the smaller discovery companies in a specialist field - if their product takes off the growth in stock will be very high but as bowthai says there can be setbacks like the FDA asking for more data - not specifically this case but they might not be able to afford more data and might have to licence the product out - or investors might take more of the company to pay for the trials

[Gary A]

A number of years ago I bought stock in a company called Macrochem. They had a SURE thing. It was the next Viagra and the drug was applied topically to enhance the female experience also. To make a long story short, I bought it at $13.55 and after many clinical trials, it was finally turned down by the FDA. I sold it for $1.55. Thus ended my hopes for early retirement.

There are NO sure things regardless of what people tell you. There are a lot of ETF closed end funds that pay about 9%. Even those types of investments are not entirely safe. For more information here is a link;

http://www.etfconnect.com/select/rank/default.asp

[cmsally]

I read that Barne's & Noble shares might take a leap with the release of new and last Harry Potter. But maybe a bit too late. Haven't looked at any history charts.

[Prakanong]

A number of years ago I bought stock in a company called Macrochem. They had a SURE thing. It was the next Viagra and the drug was applied topically to enhance the female experience also. To make a long story short, I bought it at $13.55 and after many clinical trials, it was finally turned down by the FDA. I sold it for $1.55. Thus ended my hopes for early retirement.

There are NO sure things regardless of what people tell you. There are a lot of ETF closed end funds that pay about 9%. Even those types of investments are not entirely safe. For more information here is a link;

http://www.etfconnect.com/select/rank/default.asp

Exactly Gary - just look at how many drugs fail at phase 3 - its quite a high %

Some companies are betting the shop on 1 product like your experience above - others much bigger have a large pipeline.

You can go for the one product wonders but its a gamble - a big gamble.

Pharmacy stocks are usually defensive - the big ones.

[Kf6vci]

Well, I heard you can buy gum trees but that takes a few years. Or finance the dayly catch as middle man, buying in bulk from fishermen... And then there are hard money loans in the USA. 15-20% are realistic and those are strictly asset backed. I heard, about 12% of those HML default and then it takes 6 months to foreclose on the property securing the loan.

[soundman]

Well, I heard you can buy gum trees but that takes a few years. Or finance the dayly catch as middle man, buying in bulk from fishermen... And then there are hard money loans in the USA. 15-20% are realistic and those are strictly asset backed. I heard, about 12% of those HML default and then it takes 6 months to foreclose on the property securing the loan.

Gum trees are good if you allready own or have access to land.

Individual asset backed loans will earn you 18% per annum (max. legal interest rate allowed). in Thailand. Probably a higher default rate than the US. Collection costs are way cheaper though.

Cheers,

Soundman.

[torrenova]

I could put you in touch with a hands on investmentw which would give you a minor percentage of the total equity for around the sum you are talking about. I suspect about 15% of the total project with protected income rights and capital uplift rights.

[bander]

You can invest in shares......you can buy BBI shares,thats babcock and brown infrastructure.they increase about 10% a year and pay a 7% dividend so total return in 1 year is 17% you can buy these share thru the Australia ASX.via a broker or your internet bank.

Don't invest in Thailand, I lost 30% since december 2006. (Ayudhya Fund Management)

The stock market hasn't had any growth in 4 years.

Set index was 794 points on the 12. January 2004, today it's 719 points.

All other Asian countrys is up the last years.

Also not shore if you get your investment out of Thailand when you want.

[waza]

I'd like some genuine and helpful ideas about where I might invest about USD$15,000 and earn a return of more than 10% p.a. (hopefully alot more than that) I'm looking at an active investment, maybe buying shares in a business if it can be done with such a paltry amount.

you can invest in australia and recieve 7% per annum, I see semico (a Thai Stock broker firm)made 160% last year

[maprao]

Invest it outside Thailand!!!

Seriously there are far better places to seek sound financial advice other than a posting on a forum. No disrespect to anyone offering advice but there are plenty of Finacial advisers around that can look at your specific case. Based on the vague details you have given no qualified person would advise you unless they new more.

My 2 satang worth.

[thaired]

for a good investment opportunity there are always lots of bars in Pattaya looking for an investment of $15,000.

"Investment" in a bar in Pattaya.........Is that what they're calling it nowdays????

[thaired]

Invest it outside Thailand!!!

Seriously there are far better places to seek sound financial advice other than a posting on a forum. No disrespect to anyone offering advice but there are plenty of Finacial advisers around that can look at your specific case. Based on the vague details you have given no qualified person would advise you unless they new more.

My 2 satang worth.

Please post the contacts. I to have a few quid to invest but don't know where to go. The Thai banks give little or no interest but am stuck where to go next

[maprao]

Invest it outside Thailand!!!

Seriously there are far better places to seek sound financial advice other than a posting on a forum. No disrespect to anyone offering advice but there are plenty of Finacial advisers around that can look at your specific case. Based on the vague details you have given no qualified person would advise you unless they new more.

My 2 satang worth.

Please post the contacts. I to have a few quid to invest but don't know where to go. The Thai banks give little or no interest but am stuck where to go next

I will PM them to you after work today. Otherwise it would seem that I was advertising on their behalf. They cater specifically for Expats.

[Dr. Burrito]

Might I suggest you try the lads at Bangkok Pizza. I know they are looking to expand their business units and they have pretty reliable product.

www.bangkokpizza.com

One of the owner's name is Dave.

Dr. B

Edited May 28, 2007 by Dr. Burrito

[Vegemite]

i just bought $25,000 in yen through the japanese yen etf,fxy,and through my everbank yen deposit account.feel the yen is super cheap and the yen carry trade will slowly unwind.also have a $10,000 icelandic krona cd paying 12.55% with everbank.

I have looked into Icelandic krona accts before. Do you have to be a US citizen to open an acct with Everbank - they seem to ask for US social security no. Any other banks offering krona accts ??

i think everbank is for us citizens but am not sure.many banks have foreign currency deposits or cd's but the icelandic krona is probably not one of them.the aussie dollar and new zealand dollar also have high interest rates now so you should look into foreign currency accounts in banks in your area.

Out of interest do foreign currency accounts pay interest the same as if they were held in the country of currency?

Like could I get 6% or 7% in an Aus or NZ account at HSBC in Thailand? or is it the same interest rate as if it were a Thai account? If it is the former what bank has the best rates for Aus and NZ?

In N.Z. Kiwibank seems to give the best term deposit rates.

I just got 8.15% for 1 year but at the moment you can get a higher return for 18 months.

You may be able to open an account online and deposit the same way, just google Kiwibank.co.nz

I think interest rates will stay high in N.Z. for some time yet as there is talk of the reserve bank raising the cash rate in the next month or two.

Watch this space.