If your under 50yo are you wasting time in Thailand?

[anto]

Working 12 hours a day ,6 days a week as a Night security guard ?......Good luck with that ,and i hope you live long enough to enjoy your reward in Thailand .It may be a good move for you ,but only time will tell .

[Oceanbat]

The world has changed. The path many that post in this forum took is not available or not attractive to a lot of young or even not so young people these days.

OB

[impulse]

The world has changed. The path many that post in this forum took is not available or not attractive to a lot of young or even not so young people these days.

That's true. But choose an entrepreneurial path in Thailand, and you're competing with people whose alternative is working for 300 baht per day.

Sure, people do it, and some succeed. Wildly. But the odds (and not coincidentally, the rules) are stacked heavily against the foreign devils.

The odds of ever being able to sock away enough $$$ to retire improve immensely if you're competing in a market where the average salaries are 10x as high, even if the expenses are twice or 3x as high.

Make your nugget at 10x the salary, then move to Thailand and spend it at 1/3-1/2 the living costs. That sounds like the OP's plan, and it seems reasonable. If it works for him, great.

Or, you can hope that your affiliate marketing blog or Youtube video empire will still be around to fund your Thailand retirement when Facebook or Google or Amazon figures out how to cut out the middle men. I'm betting that will be within my lifetime, and I'm getting up there.

So I'm going with a paycheck and cash in the bank to fund mine. It's a boring plan, but all the non-risky choices seem to be getting scarcer by the year.

Edited April 13, 2016 by impulse

[anto]

Glad i came to Thailand full time at 55 years old ,when i still had my falorum .So many die within a year of working their whole lives at 65 plus .

[impulse]

Glad i came to Thailand full time at 55 years old ,when i still had my falorum .So many die within a year of working their whole lives at 65 plus .

I'm not sure I ever had a falorum. Is it a good thing? Should I be looking for mine? I'd hate to miss out.

[HooHaa]

Yes i had no experience but i went and got my Security guard licence training and now work night shift 12 hours a day 6 nights per week.

I work for a medium sized Company and they prefer more customer orientated people even though i dont see many here at night.

i hear there is a lot of work in thailand for a good yam with his own whistle.

Edited April 13, 2016 by HooHaa

[geriatrickid]

Are you being serious ?

You are going back to be................. a security guard !

I can see your career ambitions.

Did you have to go to any specific university to get the necessary qualifications ?

Slow down slugger.

Isn't his job; gainful employment, honest labour and a needed service?

It is providing the chap with the desired savings. He was smart enough to recognize that his existence in Thailand was untenable and set about to remedy that. He's self sufficient and made an intelligent decision.

Some people don't want to live hand to mouth in Thailand. I respect his planning and preparation. Certainly better than being a balloon chaser or someone forced to eat Mama Noodles.

[Heng]

I think it's easier to build yourself up when you are away from 'home.' To each his own.

[geriatrickid]

Glad i came to Thailand full time at 55 years old ,when i still had my falorum .So many die within a year of working their whole lives at 65 plus .

Isn't falorum the latin plural of phallus? Are you saying that you had more than one penis prior to arriving in Thailand?

What happened to your other penises? Were you forcedd to sell them on ebay to support your self?

I am delighted that you were able to move to Thailand and to follow your dream, which apparently was to shed your extra penises.

[anto]

Glad i came to Thailand full time at 55 years old ,when i still had my falorum .So many die within a year of working their whole lives at 65 plus .

I'm not sure I ever had a falorum. Is it a good thing? Should I be looking for mine? I'd hate to miss out.

You never heard the song by the Dubliners then ?...maids when your young ,never marry an old man lol ...https://youtu.be/C21-l0idoeo

>>For he's got no falooo rum, fal diddle oo doo rum,

He's got no falooo rum, fal diddle day. He's got no falooo rum, lost his ding doo reeum, Maids when you're young never wed an old man.<<

Edited April 13, 2016 by anto

[impulse]

Slow down slugger.

Isn't his job; gainful employment, honest labour and a needed service?

But he's not getting immediate gratification.

Which seems to be desired, no- demanded more and more. Though I doubt it's getting any more realistic for the long haul.

But it's different this generation than the previous 100 generations. Really, it is. The interweb says so, along with all those beautiful people on the TV.

Edited April 13, 2016 by impulse

[thaiduncankk]

Are you being serious ?

You are going back to be................. a security guard !

I can see your career ambitions.

Did you have to go to any specific university to get the necessary qualifications ?

Slow down slugger.

Isn't his job; gainful employment, honest labour and a needed service?

It is providing the chap with the desired savings. He was smart enough to recognize that his existence in Thailand was untenable and set about to remedy that. He's self sufficient and made an intelligent decision.

Some people don't want to live hand to mouth in Thailand. I respect his planning and preparation. Certainly better than being a balloon chaser or someone forced to eat Mama Noodles.

Maybe if he was smarter, he would have realised it wasn't going to work out over here, before he got on the flight over here initially ?

[anto]

>>Isn't falorum the latin plural of phallus?<< is it ? .You also are unaware of that Dubliners song .

[Happy Grumpy]

Moved here mid 20's.

Now mid 30's

May move to a neighboring country in 20-30 years time.

Wasted time my @r3e.

[SoiBiker]

Slow down slugger.

Isn't his job; gainful employment, honest labour and a needed service?

But he's not getting immediate gratification.

Which seems to be desired, no- demanded more and more. Though I doubt it's getting any more realistic for the long haul.

But it's different this generation than the previous 100 generations. Really, it is. The interweb says so, along with all those beautiful people on the TV.

It's pretty naive to think things were the same for the previous 100 generations. Change is inevitable.

[whitemouse]

Are you being serious ?

You are going back to be................. a security guard !

I can see your career ambitions.

Did you have to go to any specific university to get the necessary qualifications ?

The guy is saving $4000 a month. Not ambitious enough?

He mentioned he got his security guard licence back, these licenses often permit carrying a concealed firearm. You think he's the guy following people in a supermarket? He can be making $100 an hour escorting Kylie M on Melbourne streets (she's the most famous Australian I know) lol

[zierf1]

Your economy must be very good. I came back to the U.S. after living several years in Thailand and found a job as a laborer paying US$14 an hour. A bit better than living on 500 baht a day but not by much. I do get a lot of overtime at my job as a laborer and can save quite a bit of money but not as much as you. I could have stayed in Thailand but my visa had long expired and I was making a small online income. I could get by but not save. Well, at least I had fun. You'll probably be seeing me soon since I'm piling up with american cash here.

Edited April 13, 2016 by zierf1

[Oceanbat]

Anyone wonder how a security guard can save 4K per month? Or even earn that?

OB

[fasteddie]

Why waste your prime years at work, and put off enjoyment until you're half dead? Life is for living, not worrying about the future.

That's what I thought when I was young, what a plonker I was.

[JDGRUEN]

For a hobby, I run several Facebook Groups in Thailand. One is for Second Hand Sales the other for Real Estate. If you want to see what the risks are in losing everything in business in Thailand then come and browse my Group pages each month especially at the end of High Season

[balo]

I hsve no problems to understand people want to go back to home country and save some money . If you really can save 40000 baht per month, but most people can't because the living expenses back in your home country is huge compared with Thailand.

If I move back I have to pay maybe 40000 baht just in rent and then there's food , electricity etc, so it would be very hard to save money unless you have a really well paid job .

[uthaithanirules]

Yes i had no experience but i went and got my Security guard licence training and now work night shift 12 hours a day 6 nights per week.

I work for a medium sized Company and they prefer more customer orientated people even though i dont see many here at night.

I agree with everything else you said, but a security guard doesnt get paid that well, and even a truck driver would be paid double that.

Go back home work save pennies sure good idea but then why not move to a far better paying job for the same hours. ...which will just end up translating to retiring earlier, getting back to Thailand earlier

[georgegeorgia]

I work for a relatively big Security Company and they follow the award rates, that is time and half Saturday plus double time Sunday which makes my pay bigger. Plus im on casual rates not permanent .

I work Tuesday to Sunday 6pm to 6am even though last Monday i was called in because my replacement called in sick.

How am i handling after all thise years in Thailand? Answer --- vert very very hard .

The work is not physically demanding, its guarding hardware warehouses at night , watching CCTV and walking patrols with only about 5 warehouse staff unloading the trucks at night im virtually by myself.

But 12 hours of vurtually sitting etc is starting to knock me around followed by sleeping then back up to do it all again.

I keep thinking of my future in Pattaya so it keeps me motivated .

Im trying to take extra vitamins etc to keep my energy up.

Im back again tonight for another boring 12 hours..i dont want to go , but of course I have to, my fear is going back to Pattaya with nothing so its keeping me motivated .

I hope i can last at least 12 months doing this because its very good money.

My greatest fear is giing back to Pattaya and being a bum like thise i used to see... Arse out of your pants, unable to do anything but walk around all day and eating noodles.

I couldnt afford to go out most night so it was sitting in the room at Jomtien or uo at Flybird Condo watching Thai tv because we didnt have cable .

Despite what Canarysun says and others, having limited money was no fun at all,you know how boring some days were in Pattaya??

Yes i miss the life in Pattaya, sometimes i feel like giving up this job and rushing back, but something stops me and says ' hey if you go back this time it will be your last and you will fail again .

I need to go back next time with enough cash to last me .

My plan is to go back buy a medium sized condo probaly around Day Night area .

Pattaya will always be there for me, my fear is if im there too early again in life , then it will change around me and leave me behind .

I do pity thse guys i see in their 30' and 40's who havent enough and surviving off even disability pensions but mostly their loans or redundancies , too young to live there in my opinion , come back and make money whilst you can .

Edited April 14, 2016 by georgegeorgia

[Seizetheday]

I work for a relatively big Security Company and they follow the award rates, that is time and half Saturday plus double time Sunday which makes my pay bigger. Plus im on casual rates not permanent .

I work Tuesday to Sunday 6pm to 6am even though last Monday i was called in because my replacement called in sick.

How am i handling after all thise years in Thailand? Answer --- vert very very hard .

The work is not physically demanding, its guarding hardware warehouses at night , watching CCTV and walking patrols with only about 5 warehouse staff unloading the trucks at night im virtually by myself.

But 12 hours of vurtually sitting etc is starting to knock me around followed by sleeping then back up to do it all again.

I keep thinking of my future in Pattaya so it keeps me motivated .

Im trying to take extra vitamins etc to keep my energy up.

Im back again tonight for another boring 12 hours..i dont want to go , but of course I have to, my fear is going back to Pattaya with nothing so its keeping me motivated .

I hope i can last at least 12 months doing this because its very good money.

My greatest fear is giing back to Pattaya and being a bum like thise i used to see... Arse out of your pants, unable to do anything but walk around all day and eating noodles.

I couldnt afford to go out most night so it was sitting in the room at Jomtien or uo at Flybird Condo watching Thai tv because we didnt have cable .

Despite what Canarysun says and others, having limited money was no fun at all,you know how boring some days were in Pattaya??

Yes i miss the life in Pattaya, sometimes i feel like giving up this job and rushing back, but something stops me and says ' hey if you go back this time it will be your last and you will fail again .

I need to go back next time with enough cash to last me .

My plan is to go back buy a medium sized condo probaly around Day Night area .

Pattaya will always be there for me, my fear is if im there too early again in life , then it will change around me and leave me behind .

I do pity thse guys i see in their 30' and 40's who havent enough and surviving off even disability pensions but mostly their loans or redundancies , too young to live there in my opinion , come back and make money whilst you can .

I'm sure you are doing the right thing, I've never seen the point of living like a pauper in Pattaya if you have the capacity to earn decent money in the west.

[anto]

Wages can be high in Australia .If the OP is not paying rent (living with relatives ),what he says he can save is very doable .

[Gary A]

Saving for retirement is a sane logical idea. I have known people who managed to make a lot of money here in Thailand. The problem with that was the fact that they saved very little of it. You are going to need an income when you get too old to make the big money. Thailand is a great place to retire if you have money. It doesn't take BIG money but being broke here would be a miserable life. Some young people make the mistake of living for today and they don't worry about tomorrow. The problem with that thinking is that they forget that they too will get old.

[BritManToo]

Saving for retirement is a sane logical idea. I have known people who managed to make a lot of money here in Thailand. The problem with that was the fact that they saved very little of it. You are going to need an income when you get too old to make the big money. Thailand is a great place to retire if you have money. It doesn't take BIG money but being broke here would be a miserable life. Some young people make the mistake of living for today and they don't worry about tomorrow. The problem with that thinking is that they forget that they too will get old.

Being broke in any country is a miserable life.

At least in Thailand you won't be broke and cold.

You should also remember, quite a lot of people don't get old.

1. Friend of mine sold his house in NZ when he was 45, was living in CM quite happily on 20kbht a month.

Had enough money to last him until age 70, then died at age 50 from cancer. Didn't need the money after all.

2. Another friend of mine, from Holland, eked out a meager existence in CM, age 38, died from liver failure.

3. French guy, lived in CM, around age 40, crashed his m/c into a tree, now in a coma, will never recover.

4. Belgium, early 50s, drowned in the CM moat.

5. From Canada/Hungary, early 40s, had a stroke, now back in Hungary using a zimmer frame.

These are all people I knew in CM in the last 2-3 years.

Plenty of similar stories to tell. I know knew loads of people that never got old.

Edited April 14, 2016 by BritManToo

[SoiBiker]

I posted this elsewhere, but it seems appropriate to this thread too -

When my wife and I lived in London, our combined income was higher than it is now. And yet we're now able to live a considerably more comfortable lifestyle and save more money for the future, because Thailand is a much more affordable place to live.

[JohnDodd]

If you want to make God laugh, tell him about your plans.

@SB, despite your high post count you still remain as an "unknown quality", If the above quote was yours I would like this, but I am a Woody Allen fan. Do you keep a collection of famous quotes alongside you? as you amass your post count.

Don't expect anymore from me on this subject, as I have no interest in your soi biking life style amongst the cosmopolitan gentry of grung thep, I prefer the more spartan and genuine of the Thai lifestyle, here on my verandah in the outer 'burbs of KK its now 37c in the shade, I cannot hear anything other than a nok kaow in my garden and the beautiful yellow blossom's of the mhai koon along our soi, and despite the sun not yet over the Y/arm I just opening an iced beer Lao gold.

[Gary A]

Saving for retirement is a sane logical idea. I have known people who managed to make a lot of money here in Thailand. The problem with that was the fact that they saved very little of it. You are going to need an income when you get too old to make the big money. Thailand is a great place to retire if you have money. It doesn't take BIG money but being broke here would be a miserable life. Some young people make the mistake of living for today and they don't worry about tomorrow. The problem with that thinking is that they forget that they too will get old.

Being broke in any country is a miserable life.

At least in Thailand you won't be broke and cold.

You should also remember, quite a lot of people don't get old.

1. Friend of mine sold his house in NZ when he was 45, was living in CM quite happily on 20kbht a month.

Had enough money to last him until age 70, then died at age 50 from cancer. Didn't need the money after all.

2. Another friend of mine, from Holland, eked out a meager existence in CM, age 38, died from liver failure.

3. French guy, lived in CM, around age 40, crashed his m/c into a tree, now in a coma, will never recover.

4. Belgium, early 50s, drowned in the CM moat.

5. From Canada/Hungary, early 40s, had a stroke, now back in Hungary using a zimmer frame.

These are all people I knew in CM in the last 2-3 years.

Plenty of similar stories to tell. I know knew loads of people that never got old.

Living on 20,000 baht a month is more like existing than living. I personally know no one who knows when he is going to die, except a few who ran out of money who had no hope and no future. They did know when they were going to die. Having to take that final step off the top of a tall building is not the way I want to go.

When I cash in my chips, I want to know that I have provided for my wife and still had money in the bank. I am pretty conservative and without enough money, I'd likely considerably shorten my life by worrying about where the next baht is coming from. That would NOT be a happy way to live.

Different strokes for different folks. As for me, I'm doing it my way.

Edited April 14, 2016 by Gary A