I've got a $50000 sitting on the sidelines in the US. I plan on living here for the next ten years. The exchange rate is 36.5  Should I just take the win? 

 

I don't know what to do with it. It would be at Schwab in the US. Put it into a saving account at Kisikorn?

spend most of it and beer and woman and just waste the rest. ????I'd buy gold with it from Hua Seng Henh

Id keep most of it in a bank collecting close to 2 percent interest in the states.

Bring over 10-15 k for spending while parking it here in a bank

If you want to bring it over some time, nows a good time. I was buying a new car and sent over 50K USD when it was 33.05 because it could have kept going down. 

Not a bad time as far as exchange rate... I think we will run over 37 by end of the year or maybe in a couple of weeks - but as you know, it can go either way... but a nice trend this year... 

Somewhat comedy gold that some are only "suggesting" that yes it might be a good time to transfer USD

 

At close to 37 you have to go back a long way to get to the same level

The USD to THB rate just reached 37.04

Strongly advise exchanging now if you intend to do so!

Highest rate (or lowest depending on your point of view) since September 2006

Good news for absolutely everyone no matter what your base currency is bar those remitting back home

The dollar could actually move higher over the next 6 to 12 months.

So, maybe bring over $10,000 per month for the next 5 months.

Forget the exchange rate. I've got a bit more than $50,000 and would just love it to last me for 10 years in Thailand. Trouble is, with my lifestyle, I'd be lucky to last a single year. What's your secret for it lasting 10 years? Please share... 

 

Edited September 21, 20223 yr by soi3eddie

I sent over a decent chunk a month ago at 36.2 and thought I did great.  Now it's over 38!  I'll have to bring some more over soon.....which means it'll go to 40 shortly thereafter.

11 minutes ago, Berkshire said:

I sent over a decent chunk a month ago at 36.2 and thought I did great.  Now it's over 38!  I'll have to bring some more over soon.....which means it'll go to 40 shortly thereafter.

the way she goes boys, the <deleted>n way she goes ????

What is the best way of bringing it over?  I've always done Wise transfers but is there a better way?

I still do Wise, seems to work best for us.

On 9/21/2022 at 11:41 PM, timendres said:

The dollar could actually move higher over the next 6 to 12 months.

So, maybe bring over $10,000 per month for the next 5 months.

I'm English should send some back ? ????????