Business/Investment Plan 7M Baht

[fred Kubasa]

Full face mask and plastic gun should do it !

[smotherb]

It's probably impolite to ask but what do you need the money for? If you need to pay off a big debt and have 7 million to earn it with, you need a high-risk investment.

" . . . what do you need the money for?" Aside from using a preposition to end a sentence, the statement is ill-conceived. B100-150k is only $3-5k. If you live well, travel frequently, go out a lot, and support a family; that is chicken feed.

[mick01827]

I know men who are escorts in Thailand, extremely good money, they work privately from Internet, word of mouth etc, if I had the balls (excuse the pun) I'd be doing it myself.

[dodojero]

To open a 7/11 is the worst investment that anyone can do. If you find a new and great location and the business is going good, after a few months another 7/11 will open in your neighbourhood with exactly the SAME products that you are selling and possibly a Family Mart, Lotus Express, etc.

Edited April 25, 2015 by dodojero

[smotherb]

Blue100, and all you others who would love to make B100-150k/mo; listen up. I have a sure-fire way to do just that. send me B10k and I will tell you exactly how to do it--guaranteed.

[Moonlover]

A neighbour of mine, a retired American, is currently having a house built on an upmarket development near Udon Thani.

It is costing him in the region of 4,000,000 THB. He was originally planning to move into it with his Thai wife, but the agent for the development has told him it could sell for 9 to 10 million THB on completion.

He is now seriously reconsidering his options. I would be too in his situation.

[TigerandDog]

I don't know how some guys do their maths.

The 100,000 is slightly over 1.4% return.

which did you fail at school, maths or reading? Perhaps both. The 100000 baht is per MONTH not per annum.

[Pdaz]

Use the 7 mil as a deposit on two high end condos. rent the condo's out at 60-65K a Month each.. hey presto..gross income of 120-130K... Then u just need to pay the mortgages

[ozyjon]

The crystal ball is too dusty to work.

1988 is over, it's all downhill from

here,,, worldwide,, stay tuned.

[TigerandDog]

Taking a risk of guessing wrong here. But you are probably a rather old guy maybe between 60-70 years old. My suggestion for what it is worth... try to start to enjoy the world and your life before it is way too late....

Devide your 7 miljons in monthly payout to yourself. get laid a couple of times each month, eat good and have your pints of beer. And just enjoy for God sake.....

Life is short remember that!!

Glegolo

for the record between 60-70 is not old. Most guys in that age range are still fit, healthy and quite active lifestyle. Please note I said MOST, not all.

[The Big Mango]

Morgage 26k

Car 17k

health ins 5k

Utilities 5k

Gasoline 4k

Im all ready pushing the 60k and havent started with all the other bills.

Many spend alot more too

Ok, last post on this thread , not feeding the troll anymore.

BTW

if you still have a mortgage and are still paying off a car. = 43,000

Then you have been not very successful so far have you.

good day to you.

Zzzzzzzzz

[Time Traveller]

Hmm, 100k per months would be 1.2m per year ...

That would be about 17% return on investment (annually).

Not impossible, but I can't think of any easy way in

current economy, specially in Thailand.

I think the Stock Market (US/EU, not thai) would be your best bet.

luudee

17% annual returns are very possible in the Thai stock market which has proven much higher returns than the US/EU markets. (In fact, I've made 15%+ average annual returns over the last 13 years in the Thai stock market.)

For interest I provide link to a thesis from the University of Thai Chamber of Commerce discussing risk adjusted returns and value investing comparing both the SET and the S&P500.

http://www.utccmbaonline.com/Journalsys/Upload_Arti/2015-02-02_15:19:17.pdf

The important thing is not to expect 100,000 baht each and every month. Instead over long periods of time it will average out that.

[GOLDBUGGY]

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I don't know how some guys do their maths.

The 100,000 is slightly over 1.4% return.

Me neither! Or reading skills!

As the OP said 100,000 Baht/month. Since there are 12 months in a year you need to multiply this figure by 12, to give you an annual return on your investment.

100,000 x 12 = 1.2M Baht per year.

1.2M / 7M = 17.14% and as the first gentleman said.

[elgordo38]

Open up a high end house of ill repute catering to Hi-So's. They might be poor tippers though.

[JB300]

Walen will tell you how. Plus he'll guarantee you a visa. Where is he when we need him? Oh ya, you have to pay him 1200 THB first.

http://www.thaivisa.com/forum/topic/811854-walen-school-of-investing/page-31#entry9338814

Slight Correction...

"The duration of the course is one year. It is taught through a closed Facebook group and through webinars, there is on average one webinar per month, totalling 12 webinars. The promotion price is 1,200 USD"

Edited April 25, 2015 by JB300

[Ghostnigel]

Morgage 26k

Car 17k

health ins 5k

Utilities 5k

Gasoline 4k

Im all ready pushing the 60k and havent started with all the other bills.

Many spend alot more too

Ok, last post on this thread , not feeding the troll anymore.

BTW

if you still have a mortgage and are still paying off a car. = 43,000

Then you have been not very successful so far have you.

good day to you.

Mr Chang... You are right, you know....if he had the money, why get a loan on a car? Or house for that matter...

[Soutpeel]

Morgage 26k

Car 17k

health ins 5k

Utilities 5k

Gasoline 4k

Im all ready pushing the 60k and havent started with all the other bills.

Many spend alot more too

Ok, last post on this thread , not feeding the troll anymore.

BTW

if you still have a mortgage and are still paying off a car. = 43,000

Then you have been not very successful so far have you.

good day to you.

Mr Chang... You are right, you know....if he had the money, why get a loan on a car? Or house for that matter...

Mr Chang, isn't right

simply because some people don't want to tie up lumps of capital in Thailand that's all, I have a car and a house on loans and can assure you, I do have the money and its out the country, and trust me would rather have a house being paid for on a monthly basis for 15 years out of my Thai salary at 6% p.a, than fronting the cash in a country which doesn't allow full ownership in property, if in the interim everything falls apart in Thailand, I walk away, and have only risked money I would have been paying in rent anyway in the case of the property, and even if its not paid in full the bank is carrying the risk, not me

so please don't bleat on about subjects you know nothing of...

[Maestro]

The other day I read about the Mee Tae Dai savings account of Krungsri Bank (Bank of Ayudhaya), currently paying interest of 2% p.a if the account balance is from THB 100,000 to THB 10 million, with the interest being calculated daily, paid monthly.

https://www.krungsri.com/bank/en/PersonalBanking/DepositProducts/SavingsDeposit/MeeTaeDaiSavings.html#RemarkLink523

Mee Tae Dai Savings Account _ Bank of Ayudhya (Krungsri).pdf

Annual interest: THB 140,000.00

Average monthly interest payments: THB 11666.65

[Soutpeel]

The other day I read about the Mee Tae Dai savings account of Krungsri Bank (Bank of Ayudhaya), currently paying interest of 2% p.a if the account balance is from THB 100,000 to THB 10 million, with the interest being calculated daily, paid monthly.

https://www.krungsri.com/bank/en/PersonalBanking/DepositProducts/SavingsDeposit/MeeTaeDaiSavings.html#RemarkLink523

Mee Tae Dai Savings Account _ Bank of Ayudhya (Krungsri).pdf

Annual interest: THB 140,000.00

Average monthly interest payments: THB 11666.65

less your tax of course

[how241]

Maybe the OP is asking a sarcastic question for the humour because he is asking how to make a regular return of between 17-25% on his savings.

+1...That's a large % on return to expect.

[kayjun]

Actually you can make that amount of money or maybe more. Its just depend on who and where to ask. Some ppl just dont see it or they just dont want to see cause they have enough in their bank to sit on.

[The Big Mango]

Morgage 26k

Car 17k

health ins 5k

Utilities 5k

Gasoline 4k

Im all ready pushing the 60k and havent started with all the other bills.

Many spend alot more too

Ok, last post on this thread , not feeding the troll anymore.

BTW

if you still have a mortgage and are still paying off a car. = 43,000

Then you have been not very successful so far have you.

good day to you.

Mr Chang... You are right, you know....if he had the money, why get a loan on a car? Or house for that matter...

Was going to ignore chang but as its now also one more ,

The car is the third in the mangos household , we p/x an older one and it left a small balance that could be paid in full or at 1.5% interest over 12 months.

The morgage is choice , 30 years .

Slightly less than we were renting for a similar house in the same development. So why rent and why shell out xx millions upfront ??

But then i guess that wouldnt make sense to either of you guys.

Im mid 40s with a set monthly income from capital kept in investments from selling my buisiness 7 years ago.

Am I worthy on your opinion now , 55555

[angiolo]

dont work ,have some rental income ang=d REEEEELAAX It is what I do with less capital.

[angiolo]

On second thoughts you do not have enough to buy a decent house.so really not much to invest . Thailand is not a good country to invest in with unworkable business laws for a ferang.

[Soutpeel]

Morgage 26k

Car 17k

health ins 5k

Utilities 5k

Gasoline 4k

Im all ready pushing the 60k and havent started with all the other bills.

Many spend alot more too

Ok, last post on this thread , not feeding the troll anymore.

BTW

if you still have a mortgage and are still paying off a car. = 43,000

Then you have been not very successful so far have you.

good day to you.

Mr Chang... You are right, you know....if he had the money, why get a loan on a car? Or house for that matter...

Was going to ignore chang but as its now also one more ,

The car is the third in the mangos household , we p/x an older one and it left a small balance that could be paid in full or at 1.5% interest over 12 months.

The morgage is choice , 30 years .

Slightly less than we were renting for a similar house in the same development. So why rent and why shell out xx millions upfront ??

But then i guess that wouldnt make sense to either of you guys.

Im mid 40s with a set monthly income from capital kept in investments from selling my buisiness 7 years ago.

Am I worthy on your opinion now , 55555

One suspects Mr Chang, et al, don't understand this concept simply because they have nothing to lose in Thailand to start with

I mean a THB 6000/m "room" and a second hand Honda wave are not exactly sought after assets are they ?

[Suradit69]

Maybe the OP is asking a sarcastic question for the humour because he is asking how to make a regular return of between 17-25% on his savings.

With his apparent financial acumen can we assume he inherited the savings and didn't earn it?

[Mr Wonderful]

Any good ideas how to make 100-150,000 Baht/month in Thailand? I have 7M Baht savings. Sarcastic replies will be read for the humor but not considered.

Many thanks.

Buy a condo or condos in a nice location in BKK. If you purchase right you should be able to make a 8-12 percent return plus capital appreciation.

[Si Thea01]

Are you young and a good sort? if yes and yes, then have I a deal for you. But it entails working long hours.

Edited April 25, 2015 by Si Thea01

[khunPer]

I don't know how some guys do their maths.

The 100,000 is slightly over 1.4% return.

...per month x 12 = 16.8 precent per year.

[nuananddon]

I thought I was the only one that got that windfall of money from that Prince in Nigeria!