Using My 800.000 Tb Retirement Deposit To Invest In Thai Dividend Stocks

[khaowong1]

Tencent, it also depends on whether your an American or not. If your an American, you have other options for getting a retirement visa.

I should say, easier options than the Brits, Aussie's, etc.

Edited March 13, 2011 by khaowong1

[Naam]

Buy Gold and Silver.

I don't think that immigration will approve that for purposes of a retirement visa, even if the advice is possibly good as an long term investment, and would certainly go a long way to appeasing the demands of a Thai GF.....

It's not about immigration, you have a pile of money and you invest it for nine months in buying some Gold.

After that, you sell and transfer back your profits into the account. Showing an active account.

and should there be no profit Alex will compensate you for your losses

for the record: gold march 2008 >$1,000/ounce, six month later $780/ounce

[cheeryble]

and should there be no profit Alex will compensate you for your losses

haha!!

yes....buy gold in present day dollars in 1980 price $2250 per ounce.

Price now?

cheers

Cheeryble

[Naam]

and should there be no profit Alex will compensate you for your losses

haha!!

yes....buy gold in present day dollars in 1980 price $2250 per ounce.

Price now?

cheers

Cheeryble

why spoil a nice gold story with facts?

[AlexLah]

Buy Gold and Silver.

I don't think that immigration will approve that for purposes of a retirement visa, even if the advice is possibly good as an long term investment, and would certainly go a long way to appeasing the demands of a Thai GF.....

It's not about immigration, you have a pile of money and you invest it for nine months in buying some Gold.

After that, you sell and transfer back your profits into the account. Showing an active account.

and should there be no profit Alex will compensate you for your losses

for the record: gold march 2008 >$1,000/ounce, six month later $780/ounce

Naam how childish,

There are plenty of other ways to invest in Gold and make a nice profit with a bit of luck.

I can give plenty of other examples where in a nine month period you could have made a nice profit.

Ask your wife.....

[AnnyLing]

<br />Naam how childish,<br /><br />There are plenty of other ways to invest in Gold and make a nice profit with a bit of luck.<br /><br />I can give plenty of other examples where in a nine month period you could have made a nice profit.<br /><br />Ask your wife.....<br /><br /><br /> <img src='http://static.thaivisa.com/forum/public/style_emoticons/default/whistling.gif' class='bbc_emoticon' alt='' /><br />

<br />Naam presented a fact. Since when are facts childish ? With a bit of luck you might win the Lotterie.

I could also give you in hindsight a million ways how to invest in thousands of other ways and make a nice profit WITH A BIT OF LUCK. Who is childish here ?

Edited March 16, 2011 by AnnyLing

[AlexLah]

<br />Naam how childish,<br /><br />There are plenty of other ways to invest in Gold and make a nice profit with a bit of luck.<br /><br />I can give plenty of other examples where in a nine month period you could have made a nice profit.<br /><br />Ask your wife.....<br /><br /><br /> <img src='http://static.thaivisa.com/forum/public/style_emoticons/default/whistling.gif' class='bbc_emoticon' alt='' /><br />

<br />Naam presented a fact. Since when are facts childish ? With a bit of luck you might win the Lotterie.

I could also give you in hindsight a million ways how to invest in thousands of other ways and make a nice profit WITH A BIT OF LUCK. Who is childish here ?

So why don't ya give a few examples how to make a nice profit in 9 months without the need for a bit of luck?

[AnnyLing]

<br />

<br />

<br />Naam how childish,<br /><br />There are plenty of other ways to invest in Gold and make a nice profit with a bit of luck.<br /><br />I can give plenty of other examples where in a nine month period you could have made a nice profit.<br /><br />Ask your wife.....<br /><br /><br /> <img src='http://static.thaivisa.com/forum/public/style_emoticons/default/whistling.gif' class='bbc_emoticon' alt='<img src='http://static.thaivisa.com/forum/public/style_emoticons/default/whistling.gif' class='bbc_emoticon' alt='' />' /><br />

<br />Naam presented a fact. Since when are facts childish ? With a bit of luck you might win the Lotterie.<br /><br />I could also give you in hindsight a million ways how to invest in thousands of other ways and make a nice profit WITH A BIT OF LUCK. Who is childish here ?<br />

<br /><br /><br />So why don't ya give a few examples how to make a nice profit in 9 months without the need for a bit of luck?<br />

The Original Poster is obviously an Investor Newbie who asks for advice. Confusing him with all kind of *professional* advice will not help HIM because he will not understand and Thailand will not offer the means to carry out this advice. The same applies to *BUY GOLD!* which i consider reckless. He should be told ***DO NOT (REPEAT N O T) JEOPARDIZE THE 800K YOU NEED FOR YOUR RETIREE VISA!***

[AlexLah]

<br />

<br />

<br />Naam how childish,<br /><br />There are plenty of other ways to invest in Gold and make a nice profit with a bit of luck.<br /><br />I can give plenty of other examples where in a nine month period you could have made a nice profit.<br /><br />Ask your wife.....<br /><br /><br /> <img src='http://static.thaivisa.com/forum/public/style_emoticons/default/whistling.gif' class='bbc_emoticon' alt='<img src='http://static.thaivisa.com/forum/public/style_emoticons/default/whistling.gif' class='bbc_emoticon' alt='' />' /><br />

<br />Naam presented a fact. Since when are facts childish ? With a bit of luck you might win the Lotterie.<br /><br />I could also give you in hindsight a million ways how to invest in thousands of other ways and make a nice profit WITH A BIT OF LUCK. Who is childish here ?<br />

<br /><br /><br />So why don't ya give a few examples how to make a nice profit in 9 months without the need for a bit of luck?<br />

The Original Poster is obviously an Investor Newbie who asks for advice. Confusing him with all kind of *professional* advice will not help HIM because he will not understand and Thailand will not offer the means to carry out this advice. The same applies to *BUY GOLD!* which i consider reckless. He should be told ***DO NOT (REPEAT N O T) JEOPARDIZE THE 800K YOU NEED FOR YOUR RETIREE VISA!***

[AlexLah]

Again I ask, what is your advice to invest in something for 9 months that will have a safe return?

I therefore challenge you and Naam to come up with somehing to invest 800.00 THB and have an increase in value (above deposit rates)in 9 months.

[TenCent]

ß

Again I ask, what is your advice to invest in something for 9 months that will have a safe return?

I therefore challenge you and Naam to come up with somehing to invest 800.00 THB and have an increase in value (above deposit rates)in 9 months.

Naam is investing only in Bonds

he would never ever touch any other Asset Class

800.000 Baht is - relatively - very little Money to invest in Bonds for a decent Return

whats about Comodities Futures?

Rice? Palmoil?

recently, Thailand is pushing up the Prize for Rubber - but there is no Future, as far I know

not too risky on a rising wolrd Population and the present Situation in Japan?

Everybody needs Food - whats the most promissing Asset?

Appreciate your postings

Edited March 17, 2011 by TenCent

[aurelius]

Fixed income funds benchmarked against deposits...returns not subject to tax. Various tenors offered in the market at different times.

http://www.bangkokbank.com/bangkok%20bank/personal%20banking/investments%20and%20fixed/mutual%20funds/pages/auto%20redemption%20funds.aspx

[dananderson]

Thank your for your Answer

Exactly this is the main Point, why I ask for Advice

som nun na. 800k for 3 months. Do you honestlu think that thais care about your lessining returns? Bottom line-keep 300 k in an account for 3 months. Your op is a vapid assumption. I could be wrong..................

[Naam]

Naam is investing only in Bonds. he would never ever touch any other Asset Class.

that is an incorrect assumption TenCent. a few years ago i invested substantially in agricultural land (not in Thailand) and since the 2008 crisis i increased my cash holdings to half of my liquid capital in various (presently 13) different currencies. the latter i mentioned quite often in my postings and also specified those currencies. the beauty is that a few of these currencies (CGF, JP¥ and SGD) rendered good yields even though they don't generate any interest.

to a lesser extent (~10% of capital) i am earning some pocket money and food for my dogs with trades which are so difficult to explain that not more than a dozen TV-members would know what i am talking about.

what i don't touch is physical gold (i trade once in a while shares of two gold mines) and neither do i touch rental real estate. these kinds of investments are handled by Mrs Naam who has a much better track record than i have.

[chooch7]

It is possible to buy long dated Put options on the SET so as long as the OP is covered

during the time he is invested wouldn't his risk exposure be considerably reduced ?

Thank you very much for bringing me to this interesting Strategy

I have lookid up in Wikipedia and found some quite interesting Option Strategies

http://en.wikipedia....ions_strategies

which of them you would prefer?

Options strategies can be complex if you have never had previous experience.

But it seems to me you are considering going long in your share investments

so you need you offset the risk with a corresponding put option strategy.

It will cost you ( like paying an insurance premium ) but you stand less chance of losing your 800,000 baht.

Get the guys at Bualuang to help you - they do have some

staff who can assist you.

lol! i wouldnt count on thai stafff having extensive options trading knowledge. not many in civilized countries make money w options.

ps .stay away from foreXX too!

Edited March 18, 2011 by chooch7

[Naam]

ps .stay away from foreXX too!

please list any currency which is not forex :jap:

[SantiSuk]

I only have experience of the financial advisory community in the UK (though I am self-advised for my own investments and I do invest internationally).

I am certain that if the OP went to any financial adviser in the UK and said 'I want to invest X (equivalent of 800,000 baht) for 9 months and I cannot afford to lose my capital' he would be advised to put it in an account that is backed by a Government (includes banks where there is an effective national scheme to guarantee repayment up to the amount invested) and which pays a fixed or variable rate of interest - the best rate the adviser could find for that fixed term, balanced against expectations for variable rates available.

If those are indeed your circumstances OP then I think that would be good advice and all the other flotsam here is just posters trying to demonstrate how financially cute they are (I have no reason to doubt they are), with no regard for your security.

If you can afford to lose some of your capital then you can dip your toes in the water of something a bit different for that small part of your capital you can afford to lose. Currently I would go for a few income-oriented mutual funds (investing in common stocks) to achieve a broad geographic spread and reduce the risk of single company default. On average you would expect to earn more than the deposit/savings interest rate, but you could lose just because the market dips at the wrong time for you. The fact that you have to divest after 9 months and have no leeway to time your exit is a major disincentive to even trying this toe-dipping exercise.

[AlexLah]

You see, Naam or Anyling will not give you some advice, Ii wonder why.

[Naam]

my advice, which i spelled out clearly, for the OP is "stay away from hare-brained investment advice/ideas which might jeopardise the renewal of your retiree visa!"

based on the OP's posting one must conclude that he has no cash back-up to compensate for any potential losses. if he had he wouldn't think of selling whatever he bought at the time when immigration says "show us the money!" any other advice i consider utterly irresponsible.

case closed... next!

[strabel23]

Ditto on the NO to using real estate value for the value of your retirement deposit...

On the broader subject, there has seemed to be some variation from Immigration office to office about what kinds of accounts they like and don't like...

Clearly, a regular passbook savings account in any Thai bank is fine. It seems that fixed deposit accounts likewise are fine, at least most of the time, though there have been reports of those rarely being a problem.

You don't want to change anything about your deposit account, or move the funds from one account to another account, during the 3 month holding period. Another TV member tried that on the advice of their banker, and Immigration turned him down.

I can't remember ever hearing of anyone using any kind of securities account to satisfy the Immigration requirement, so I'd be doubtful about that. When the regulation says funds "in a bank in Thailand," I believe they do mean "bank."

Actually I lived in Thailand for 13 years on a Non-immigrant O visa and gave a copy of my Thai SET portfolio whenever I renewed my visa in Penang and no one ever questioned me. :-)

[Naam]

Actually I lived in Thailand for 13 years on a Non-immigrant O visa and gave a copy of my Thai SET portfolio whenever I renewed my visa in Penang and no one ever questioned me. :-)

the question of the OP is related to his retirement visa

[lannarebirth]

I don't understand , unless you want to have the funds in Thailand anyway, why anyone bothers with this 800k Baht deposit thing. Better to get the affadavit of funds from your local consulate. Super simple.

[gregb]

There are 2 schools of thought. Hold your 800k in THB because you are then guaranteed not to lose. The other school of thought is to hold your 800k in a different currency because you think it is going to perform better, and transfer into THB 3 months before your renewal.

Gold (XAU) is no different than any other currency in this regard. If you are truly concerned about Naam's worst case scenario, then either keep 1 million baht to cover any potential downside risk, or else buy options as insurance against the price crashing at the same time you go long. Given that gold has been giving an average return of around 17% over the last decade, there is enough margin there to allow for many different strategies at any degree of risk you feel comfortable in taking.

Gold's bull run is far from over. It's going substantially higher from here. It will only stop once it has become fully monetized, or else the energy crisis is resolved. Neither one of those events are going to be happening in the next few decades, if ever, so on average gold is likely to net a very good return against fiat currencies like the THB. Now all you need to do is decide which method you are going use to insure yourself against an untimely dip. Either fully insure yourself by keeping a 25% or so margin, or partially insure yourself and use options to cover the unlikely nuclear scenario Naam refers to.

[Naam]

Gold's bull run is far from over. It's going substantially higher from here.

that goes without saying and therefore it is reasonable to claim that those investors who have not converted all their holdings into gold are ignorant fools. right?

[MaaTini]

ps .stay away from foreXX too!

please list any currency which is not forex :jap:

Brasilian Real

[MaaTini]

my advice, which i spelled out clearly, for the OP is "stay away from hare-brained investment advice/ideas which might jeopardise the renewal of your retiree visa!"

based on the OP's posting one must conclude that he has no cash back-up to compensate for any potential losses. if he had he wouldn't think of selling whatever he bought at the time when immigration says "show us the money!" any other advice i consider utterly irresponsible.

case closed... next!

How many People living in Thailand with this 800.000 Baht Rule and are bored by getting NOTHING in return?

if YOU in the glad Situation, that you can afford just put 20.000 € aside for nothing - its OK for YOU

but why in general this Money can not make some returns?

why not let it work 9 Months?

I assume, if somebody can let 800.000 Baht on a Bank Account with NO RETURN, he MUST have some other Funds too -

hwo he would pay his Bills?

so the OP has serious Reasons to ask this Questions ?

why not open an australian Bank Account, move the Money for 9 Months there and "enjoy" a 6 % interest?

Just 1 Idea

others?

[Naam]

1. but why in general this Money can not make some returns?

2. why not open an australian Bank Account, move the Money for 9 Months there and "enjoy" a 6 % interest?

1. nobody said it can/should not make any return. what i adviced the OP is "don't take any risk which might jeopardise your retiree extension!"

2. 6.00% p.a. = 4.50% for 9 months

the Australian Dollar dropped 36% (THIRTY-SIX PERCENT) against the Thai Baht in less than FOUR months (july-october 2008). in october 2008 the 4.50% credit interest would have been "eaten up" in less than ONE WEEK in which AUD dropped 18% vs. THB. even in 2011 (last month) we had fluctuations of more than 5%, see evidence below.

3. your next "why" questions please!

disclaimer: i am holding a substantial amount of AUD in my portfolio but i can switch AUD into any currency in a couple of minutes should the need arise.

[strabel23]

Actually I lived in Thailand for 13 years on a Non-immigrant O visa and gave a copy of my Thai SET portfolio whenever I renewed my visa in Penang and no one ever questioned me. :-)

the question of the OP is related to his retirement visa

Not much difference non-immigrant O and retirement visa- Non-Immigrant Visa "O-A" (Long Stay

This type of visa may be issued to applicants aged 50 years and over who wish to stay in Thailand for a period of not exceeding 1 year without the intention of working.

Holder of this type of visa is allowed to stay in Thailand for 1 year. Renewable if conditions maintained. Employment of any kind is strictly prohibited.

1. Eligibility

1.1 Applicant must be aged 50 years and over (on the day of submitting application).

1.2 Applicant not prohibited from entering the Kingdom as provided by the Immigration Act B.E. 2522 (1979).

1.3 Having no criminal record in Thailand and the country of the applicant’s nationality or residence.

1.4 Having the nationality of or residence in the country where applicant’s application is submitted.

1.5 Not having prohibitive diseases ( Leprosy, Tuberculosis, drug addiction, Elephantiasis, third phase of Syphilis) as indicated in the Ministerial Regulation No. 14 B.E. 2535.

2. Required Documents

- Passport with validity of not less than 18 months.

- 3 copies of completed visa application forms.

- 3 passport-sized photos (4 x 6 cm) of the applicant taken within the past six

months.

- A personal data form.

- A copy of bank statement showing a deposit of the amount equal to and not less than 800,000 Baht or an income certificate (an original copy) with a monthly income of not less than 65,000 Baht, or a deposit account plus a monthly income totalling not less than 800,000 Baht.

- In the case of submitting a bank statement, a letter of guarantee from the bank (an original copy) is required.

Why can't one have an investment acct. through their bank and just submit the statement. It could be in your home country and you wouldn't have to worry about currency fluctuations like if it were to be held in a Thai account.

Also please take note that the amount required is a minimum. If you're putting your money in an investment acct. which could go up or down then you should have a safe margin above the 800,000 Bht required. Say 20%.

Edited April 1, 2011 by steven roberts

[Naam]

i'm giving up

Edited April 1, 2011 by Naam

[Pacificperson]

Naam, I will back you up. I am assuming that the OP's pension does not meet the monthly minimum and that he does not have liquid assets far beyond the 800K. In which case, the money needs to stay in Thailand to avoid losses from foreign exchange rate fluctuations and kept in short term instruments to avoid interest rate fluctuations. In other words, kept in very conservative investments. The primary goal is preserving capital (the 800K needed to stay in Thailand) period.