seabass69 Posted May 11, 2022 Share Posted May 11, 2022 The best time to buy gold (or anything) is when it is cheapest Link to comment Share on other sites More sharing options...
sungod Posted May 11, 2022 Share Posted May 11, 2022 4 hours ago, starky said: Analysis? Pigs Harris. It's the normal theme with this guy, ask a question and expect the posters to do the analysis. Does keep a dying forum going a bit though. He is our own Dr Yong, read about what everyone else is doing, then regurgitate the news as your own. 1 Link to comment Share on other sites More sharing options...
Popular Post Sparktrader Posted May 11, 2022 Popular Post Share Posted May 11, 2022 1 minute ago, seabass69 said: The best time to buy gold (or anything) is when it is cheapest It was cheapest 100 years ago. 3 Link to comment Share on other sites More sharing options...
sungod Posted May 11, 2022 Share Posted May 11, 2022 2 hours ago, blazes said: The gold bugs tell us that when Armageddon finally arrives (assuming we're not already here), we will need loads of gold just to go out and buy a loaf of bread (or bag of rice). Gold will be worthless by then, guns and lots of ammunition is what you will need at that stage. 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted May 11, 2022 Share Posted May 11, 2022 1 minute ago, sungod said: Gold will be worthless by then, guns and lots of ammunition is what you will need at that stage. No shops to buy bread from 1 Link to comment Share on other sites More sharing options...
sungod Posted May 11, 2022 Share Posted May 11, 2022 2 hours ago, madmitch said: Would it be presumptuous to assume the author is in the real estate business? No idea, but he claims to have some journalistic skills, Still waiting to see them though ???? Link to comment Share on other sites More sharing options...
sungod Posted May 11, 2022 Share Posted May 11, 2022 Just now, Sparktrader said: No shops to buy bread from Obviously...........???? Link to comment Share on other sites More sharing options...
ThailandRyan Posted May 11, 2022 Share Posted May 11, 2022 Just now, Sparktrader said: It was cheapest 100 years ago. Hence when I bought it as a young man, nearing 378 years of age now, well in dog years that is. 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted May 11, 2022 Share Posted May 11, 2022 (edited) The best time to buy Bitcoin 13 years ago. Best time to sell last year. I turned $10 into $10bn .See investing is easy. Edited May 11, 2022 by Sparktrader Link to comment Share on other sites More sharing options...
jimn Posted May 11, 2022 Share Posted May 11, 2022 With gold falling? Dont make me laugh. Its the highest I have ever known it to be in Thailand. 1 Link to comment Share on other sites More sharing options...
Popular Post Caldera Posted May 11, 2022 Popular Post Share Posted May 11, 2022 6 hours ago, webfact said: Is buying a condominium in Bangkok a good investment? I don't think so, they tend to be falling apart after a decade or two. It's just a gamble on the quality of the original build and ongoing management and maintenance, not an investment. I'll continue to invest in real estate back home, where I also enjoy the full protection of a functioning legal system, and use some of my rental income to rent a condo in Bangkok. So I can move and "upgrade" whenever I want to. 3 Link to comment Share on other sites More sharing options...
Henryford Posted May 11, 2022 Share Posted May 11, 2022 (edited) I bought a condo in 2006. It's probably only worth the same now 16 years later (if i could sell it). Certainly thai real estate is not an investment. But then gold is no better, the same price now as in 2012. Edited May 11, 2022 by Henryford Link to comment Share on other sites More sharing options...
CygnusX1 Posted May 11, 2022 Share Posted May 11, 2022 1 hour ago, LarrySR said: Must be 20,000 open units in the Pattaya Jomtien area, no? 20,001 including mine. Advantage of Thai property is that owning an unoccupied condo is very cheap, with no council tax, amazingly low juristic fee, tiny fixed charges for electricity and water and a negligible (for now) annual property tax. Then again, in the 3 years since I bought it, the value of my lovely Thai condo in a great location must have dropped around 50%, whereas my daggy flat in a poor location in Australia has increased 50%. Did choose the worst possible time to buy the Thai place of course. Link to comment Share on other sites More sharing options...
Popular Post Taxi Posted May 11, 2022 Popular Post Share Posted May 11, 2022 Here's a link to the 3 year Thai Baht gold price. It's up about 50% over that time. This article is pure Real Estate propaganda. Gold Price in Thai Baht (ycharts.com) 2 1 Link to comment Share on other sites More sharing options...
SymS Posted May 11, 2022 Share Posted May 11, 2022 2 hours ago, mikebell said: I owned 49% of a house at one time before an ex-wife & Thai courts took it. Is it a joke? Or did you seriously completely lose your 49% take without compensation? Link to comment Share on other sites More sharing options...
spidermike007 Posted May 11, 2022 Share Posted May 11, 2022 Thailand is one of the world's fastest growing economies? Huh? Nobody knows the true extent of the hit that Thailand has taken not only in the past 2 years from covid, but in the past 8 years from the goons. No question the nation is moving backwards. I think the real estate market is in for a huge correction, as that appears likely worldwide, and many nations around the world do not have nearly the same issues as Thailand, with the willful sabotage of tourism, Japanese companies beginning to shift elsewhere, etc. Anyone looking to invest in real estate now, might consider waiting on the sidelines for awhile, to see what happens. Especially as it pertains to condos. Unless you are able to get 40-50% off the asking price. This is definitely a buyers market here, and it will only become more so, in the near term. 2 Link to comment Share on other sites More sharing options...
warrima Posted May 11, 2022 Share Posted May 11, 2022 30 minutes ago, Henryford said: I bought a condo in 2006. It's probably only worth the same now 16 years later (if i could sell it). Same with ours from 2008. Units on the market are asking pretty much the original sales price but they are not selling. Any one i know who did sell just took a lowball offer to get out. Trend i usually see in condos is the sales price peaks a few years after the project is complete and then starts falling off as it gets older and less desirable to thai's. 1 Link to comment Share on other sites More sharing options...
Popular Post Time Traveller Posted May 11, 2022 Popular Post Share Posted May 11, 2022 (edited) 7 hours ago, webfact said: It remains one of the world's fastest-growing economies and owning property in Thailand has been a fashionable way to profit from the nation's rise. I stopped reading after the first sentence. Clearly this investment genius has no clue at all. According to the IMF data (on wikipedia). Thailand GDP growth rate was negative in 2020 at -6.2% and ranked 159th in the world in 2021 at just 1.5% Edited May 11, 2022 by Time Traveller 3 Link to comment Share on other sites More sharing options...
Henryford Posted May 11, 2022 Share Posted May 11, 2022 4 minutes ago, warrima said: Same with ours from 2008. Units on the market are asking pretty much the original sales price but they are not selling. Any one i know who did sell just took a lowball offer to get out. Trend i usually see in condos is the sales price peaks a few years after the project is complete and then starts falling off as it gets older and less desirable to thai's. Yes it's strange, some of the new condos around me are asking 2 or 3 times per sqm as mine, and are REALLY small. 1 Link to comment Share on other sites More sharing options...
Enzian Posted May 11, 2022 Share Posted May 11, 2022 CNBC online yesterday had an article about the (mostly political) risks associated with rising food and other inflation in SE Asia, and the push this will give to central banks thinking of raising rates. However, they don't see Thailand raising rates soon, "because it has been a big laggard in terms of the growth of recovery". Computer dumb me doesn't know how to easily include a link, but the article is titled 'Southeast Asia may Face a "big risk" of social unrest if food prices keep surging'. My guess is this means there is a lot of potential for negative outcomes remaining, including in the RE market. But I just follow these things out of curiosity from having a degree in Econ I never directly used; I'll never buy here. 1 1 Link to comment Share on other sites More sharing options...
Antiparovian Posted May 11, 2022 Share Posted May 11, 2022 Best to completey ignore anything by Michael Bridges. 1 1 Link to comment Share on other sites More sharing options...
sanuk711 Posted May 11, 2022 Share Posted May 11, 2022 WebbFact---Who actually writes these finance pages. I am not in the stock-market --dont have any Bitcoin Gold etc. But in-between being told here how the Baht is Crashing , when it seems to be getting stronger against all currencies except the run-away $US --there is now this report--- gold has gone down about $us4.... if you are buying in Thailand--then the strength of the $US which Gold is measured in, means it has gone up. ..........................Permission to Panic Sir........... Link to comment Share on other sites More sharing options...
StayinThailand2much Posted May 11, 2022 Share Posted May 11, 2022 6 hours ago, timendres said: I can actually own gold... Even if if it were possible, the property boom is projected to end in other countries. Gold, at least, is much easier to sell. Link to comment Share on other sites More sharing options...
whiteman Posted May 11, 2022 Share Posted May 11, 2022 and heard rumors a long time ago the Disney has eyes on land there. Why would Disney come here to Thailand the whole place is one big Disney fun fair park all ready Link to comment Share on other sites More sharing options...
Sparktrader Posted May 11, 2022 Share Posted May 11, 2022 Property worldwide has topped. Really if you get set on the right shares you be right. Link to comment Share on other sites More sharing options...
vandeventer Posted May 11, 2022 Share Posted May 11, 2022 6 hours ago, timendres said: I can actually own gold... Times are bad with covid, Russia ,China what happens if you have to leave Thailand in a hurry? Try putting real-estate in your pocket. Link to comment Share on other sites More sharing options...
garyk Posted May 11, 2022 Share Posted May 11, 2022 4 hours ago, 10baht said: Right now the location is in the US stock market if you have the balls to buy the dip. Haha, my hair was jet black a couple of weeks ago. Now white as snow... I get a kick out of it. Link to comment Share on other sites More sharing options...
ThailandRyan Posted May 11, 2022 Share Posted May 11, 2022 1 hour ago, whiteman said: and heard rumors a long time ago the Disney has eyes on land there. Why would Disney come here to Thailand the whole place is one big Disney fun fair park all ready Family tourism with the merry go round being Pattaya....the tea cups being in Bangkok..... Link to comment Share on other sites More sharing options...
Tall Midget Posted May 11, 2022 Share Posted May 11, 2022 Michael, give up please. You are not a journalist. Go back to writing golf articles for the Pattaya mail, or whatever it was you did. 1 Link to comment Share on other sites More sharing options...
TropicalGuy Posted May 11, 2022 Share Posted May 11, 2022 7 hours ago, alex8912 said: Gold and Real Estate have ZERO to do with each other in Thailand or elsewhere. Click click nothing! Exactly. Beat me to it here. Just another Bangkok Property “ push” clickbait article. ???????? 1 Link to comment Share on other sites More sharing options...
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