With the run-up of the USD is this the perfect time to bring in $50000

[Pinot]

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?

[proton]

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

[riclag]

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

[EVENKEEL]

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. 

[1FinickyOne]

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... 

[Chivas]

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

[SiamAndy]

The USD to THB rate just reached 37.04

[Maha Sarakham]

Strongly advise exchanging now if you intend to do so!

[Chivas]

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

[timendres]

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.

[soi3eddie]

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, 2022 by soi3eddie

[SiamAndy]

[Berkshire]

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.

[Lemsta69]

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 ????

[habuspasha]

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

[Maha Sarakham]

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

[LoeiI]

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 ? ????????