What can I invest in, in Thailand while living and working in America?

[Skeetjones]

Does anybody have a good suggestion? May move back to Thailand in the future if things don't work out well in America.

Thanks for the help.

Sent from my iPhone using Thaivisa Connect Thailand

[JeremyBowskill]

Go Go bars are good, failing that you could try the stock market...........

[MrWorldwide]

Interesting timing, OP, but I guess you dont get rich simply following the herd. I'd probably wait till after the elections to pump my life savings into the SET. That said, the board's experts will inevitably tell me there are some serious bargains to be had during political instability - your call.

http://en.wikipedia.org/wiki/Stock_Exchange_of_Thailand

http://www.set.or.th/th/index.html

(Ignore the crap about 'buy a bar !' - predictable, but tragic nonetheless)

[Gsxrnz]

Some would say that the only way to make a small fortune in Thailand is to come here with a large fortune, buy a Beer Bar, and wait a couple of years.

[JeremyBowskill]

Interesting timing, OP, but I guess you dont get rich simply following the herd. I'd probably wait till after the elections to pump my life savings into the SET. That said, the board's experts will inevitably tell me there are some serious bargains to be had during political instability - your call.

http://en.wikipedia.org/wiki/Stock_Exchange_of_Thailand

http://www.set.or.th/th/index.html

(Ignore the crap about 'buy a bar !' - predictable, but tragic nonetheless)

Seriously, were you expecting anything different? Anyone with a crystal ball aint sharing. Better to offer a joke and be serious about it than offer serious advice and look like a joke.

[MrWorldwide]

There are several TVers who claim to trade on the SET and some who even claim to make money doing so - my advice was purely to wait till after the election. If that makes me 'look like a joke' in your world, so be it.

[JeremyBowskill]

Yes, I'm more than familiar with the TV set experts. Seems they are right 50% of the time after the fact. If you like those odds, put yer shirt on it!

[el jefe]

Investing directly in the SET for a novice in America is difficult and expensive.

He should just use his US brokerage account to buy THD.

That answers his question. I have no comment as to whether I think it's a good investment.

[WhizBang]

I have known many who invested in Thai women. Sadly, many were not very successful.

[isawasnake]

If you want to easily put money into the SET from the US, all you'd have to do is set up an account with Bangkok Bank. I really am not sure if you can do this online, probably not, but they do have a branch in New York, so maybe?

After that, you'd need and ibanking account, which will allow you to buy any number of very well managed mutual funds online, but you's need to pump funds into that Bangkok Bank account of course, which should not be all that difficult.

As to your question, some of the other people in this forum have astutely (I believe) mentioned/recommended the "top ten" fund of Bualuang's. It has done relatively well in this recent little downswing, and is a great bet in my opinion. The managers at Bualuang seem to know what the heck they are doing no doubt. With that you would have a very easy way of being well diversified, at a minimal cost.