South Korean Doctor Arrested at Bangkok Clinic Amidst Raid

[junglejimbo]

i have this money sitting doing nothing in krunsi bank, i need money back in the uk but if i send money back to uk then i will lose a lot so therefore i have to keep it in thailand ( or do i ? )

anyway what is best way to invest this ? any idea,s ? thanks

[ajarnpot]

Pm me, I will show you how to invest 4 Bn of this, which will provide you at no cost? I accept no responsibility for any losses you may receive based on this information.

[Darrel]

At the very least it could be earning between 3% and 4% interest here on fairly short-term deposits rather than doing nothing. The most you will get in the UK for a risk-free deposit is 4.6% if you tie it up for 5 years.

[falang07]

I would buy 99.9% gold, bring it with me to UK and sell there

[ExpatJ]

If you are retired and on a low pension, then 6 million baht(125,000USD) of annuities would give you 21,000 baht a month guaranteed income for the rest of your life (not sure if you can buy annuities in Thailand or not though- in which case you could buy the Genting Singapore Casino's perpetual bonds would give a similar monthly return (but through two 6 monthly payments) it has 5.1% return (and with 15% of Singapore population being millionaires looks to be a good biz to invest in).

Alternatively, i would put 1-2 million baht into ADVANC (ais stock) and 500k-1 million baht in KBANK, the rest in gold.

[yoshiwara]

I am assuming that you need this money and have a low propensity for risk.

You are back in the UK. 4m baht = 80k

OK, suggestions:

15-20k in 3 year Building Society Bond

15-20k in 2 year Building Society Bond

15-20k in 1 year Building Society Bond (put into 3 year on maturity)

5.5k in Cash ISA

5.5k in Stocks and Shares ISA blue chip stock with decent dividend

Balance cash.

[Darrel]

...... 6 million baht(125,000USD) of annuities would give you 21,000 baht a month guaranteed income for the rest of your life .......

One just has to love annuities (if one is selling them).

Let me get this straight: I buy an annuity with my 6MB, and for that I get a yearly payment of 252KB that equates to just over 5% return, but I wave goodbye to my capital. Over the life of the annuity this amount will never increase, even if inflation and interest rates hit double figures or worse.

On the other hand, I could just stick the capital in the bank and retain ownership of it and get 4% or more today, with the possibility of getting a lot more if/when interest rates go up again. And either way I still own the 6MB in the bank.

Decisions.

[elektrified]

If you are retired and on a low pension, then 6 million baht(125,000USD) of annuities would give you 21,000 baht a month guaranteed income for the rest of your life (not sure if you can buy annuities in Thailand or not though- in which case you could buy the Genting Singapore Casino's perpetual bonds would give a similar monthly return (but through two 6 monthly payments) it has 5.1% return (and with 15% of Singapore population being millionaires looks to be a good biz to invest in).

Alternatively, i would put 1-2 million baht into ADVANC (ais stock) and 500k-1 million baht in KBANK, the rest in gold.

Sounds like you are betting the bank on Thaksin's old company. Looks like a year or two ago was the time to buy those shares.

[Phatcharanan]

I would buy 99.9% gold, bring it with me to UK and sell there

LOL.............good luck with that one with 4 mill baht worth of gold.

[ppam888]

If you are retired and on a low pension, then 6 million baht(125,000USD) of annuities would give you 21,000 baht a month guaranteed income for the rest of your life (not sure if you can buy annuities in Thailand or not though- in which case you could buy the Genting Singapore Casino's perpetual bonds would give a similar monthly return (but through two 6 monthly payments) it has 5.1% return (and with 15% of Singapore population being millionaires looks to be a good biz to invest in).

Alternatively, i would put 1-2 million baht into ADVANC (ais stock) and 500k-1 million baht in KBANK, the rest in gold.

Sounds like you are betting the bank on Thaksin's old company. Looks like a year or two ago was the time to buy those shares.

I absolutely hate Thaksin. Plus, I only bought ADVANC several weeks ago for long term and I am extremely happy about it (up about 13% in a short period of time).

[mrmazinkle]

If you are retired and on a low pension, then 6 million baht(125,000USD) of annuities would give you 21,000 baht a month guaranteed income for the rest of your life (not sure if you can buy annuities in Thailand or not though- in which case you could buy the Genting Singapore Casino's perpetual bonds would give a similar monthly return (but through two 6 monthly payments) it has 5.1% return (and with 15% of Singapore population being millionaires looks to be a good biz to invest in).

Alternatively, i would put 1-2 million baht into ADVANC (ais stock) and 500k-1 million baht in KBANK, the rest in gold.

6 million baht $125,000?????????????? I would trust you as my financial advisor..............not

[PattayaPhom]

I would buy 99.9% gold, bring it with me to UK and sell there

British retailers wont touch Thai gold with a barge pole.

[elektrified]

If you are retired and on a low pension, then 6 million baht(125,000USD) of annuities would give you 21,000 baht a month guaranteed income for the rest of your life (not sure if you can buy annuities in Thailand or not though- in which case you could buy the Genting Singapore Casino's perpetual bonds would give a similar monthly return (but through two 6 monthly payments) it has 5.1% return (and with 15% of Singapore population being millionaires looks to be a good biz to invest in).

Alternatively, i would put 1-2 million baht into ADVANC (ais stock) and 500k-1 million baht in KBANK, the rest in gold.

6 million baht $125,000?????????????? I would trust you as my financial advisor..............not

LOL I caught that too but forgot to mention it in my post.

O.K. KBANK for the long term is a good choice but seriously now, the remainder in AIS and gold????? That is seriously speculative.

[ExpatJ]

...... 6 million baht(125,000USD) of annuities would give you 21,000 baht a month guaranteed income for the rest of your life .......

One just has to love annuities (if one is selling them).

Let me get this straight: I buy an annuity with my 6MB, and for that I get a yearly payment of 252KB that equates to just over 5% return, but I wave goodbye to my capital. Over the life of the annuity this amount will never increase, even if inflation and interest rates hit double figures or worse.

On the other hand, I could just stick the capital in the bank and retain ownership of it and get 4% or more today, with the possibility of getting a lot more if/when interest rates go up again. And either way I still own the 6MB in the bank.

Decisions.

There are many different types of annuity- including ones that return capital and increase with inflation- they are a better deal if you are a smoker i should add! I guess it depends on how much capital you have: if alot then a portion in annuities is just the easy option- no hassle and stress free-, if only a little then its necessary to manage what you have more carefully.

[Darrel]

There are many different types of annuity- including ones that return capital and increase with inflation- ....

Indeed. But they are currently returning even less than the 5+% quoted. You would be lucky to get 3% return today with an index-linked guarantee.

Now is an awful time to buy annuities. Probably the worst time ever.

[falang07]

I would buy 99.9% gold, bring it with me to UK and sell there

British retailers wont touch Thai gold with a barge pole.

I suppose there is non-Thai gold sold in Thailand, too (not the 23 carat one, but the pure 24 carat (99,99%) gold). And gold is always gold, Thai or British.

[Naam]

If you are retired and on a low pension, then 6 million baht(125,000USD) of annuities would give you 21,000 baht a month guaranteed income for the rest of your life (not sure if you can buy annuities in Thailand or not though- in which case you could buy the Genting Singapore Casino's perpetual bonds would give a similar monthly return (but through two 6 monthly payments) it has 5.1% return (and with 15% of Singapore population being millionaires looks to be a good biz to invest in).

Alternatively, i would put 1-2 million baht into ADVANC (ais stock) and 500k-1 million baht in KBANK, the rest in gold.

not 15% of Singapore's population are millionaires but the percentage applies to "households" and includes the value of immobile property which is too illiquid to be used for gambling

nevertheless, the Gentings perpetual you mentioned is an interesting animal. it's the only subordinated perpetual i came across some months ago which has a "cumulative clause" as well as the provision that the coupon will be increased from 5.125% to 6.125% if the bond is not called within the first 10 years. the first emission was not meant for "retail investors" as the minimum tradeable batch is SGD 250,000 (THB 6.2 million).

but in the meantime an identical emission is on the market (volume SGD 500m) which can be traded in batches as low as SGD 5,000 (THB 124,000).

hereafter the details of both versions (Bloomie screenshots):

[Naam]

I would buy 99.9% gold, bring it with me to UK and sell there

British retailers wont touch Thai gold with a barge pole.

I suppose there is non-Thai gold sold in Thailand, too (not the 23 carat one, but the pure 24 carat (99,99%) gold). And gold is always gold, Thai or British.

correct!