June 25, 20169 yr A lot of British pensioners will be taking a long, hard look at their budgets today Many are on budgets with very little 'wiggle room' i lived here when it was 38bht.to the pound and seen it at 97.so all you guys retirering to thailand never ever set your living rate of exchange above 42-46. otherwise you will suffer the greedy virus. what you forgot to mention is that the purchase power of 38 Baht was equivalent to today's 150 Baht. i remember the days when one Dollar bought 20 Baht but i was paying 60-80 Baht for 6 grilled rock lobsters in an airconditioned Bangkok restaurant the taxi fare BKK to Pattaya was 250 Baht and a working lady was happy to receive 300-400 Baht and a dinner.
June 25, 20169 yr and a working lady was happy to receive 300-400 Baht and a dinner. I though you were happily married?
June 25, 20169 yr If you owned this fund as I do, you would have made yourself a very healthy 6% (sterling) overnight profit. http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/i/investec-emerging-market-local-currency-debt-income/charts I think everybody was given fair warning to hedge.
June 25, 20169 yr If you owned this fund as I do, you would have made yourself a very healthy 6% (sterling) overnight profit. http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/i/investec-emerging-market-local-currency-debt-income/charts I think everybody was given fair warning to hedge. And if you had bought it in 2014 you would currently be into a 25% loss.
June 25, 20169 yr and a working lady was happy to receive 300-400 Baht and a dinner. I though you were happily married? i am happily married! talking about my bachelor days in the 70s when i used to spend a few days in Thailand several times a year to wash off the Saudi dust (got married end of 79). that reminds me of the suite which i arranged on company expense in the old part of the BKK Nana hotel for which we paid something like 2,000 Dollars per year. the latter was used by the bachelors who were entitled to two weeks holidays every three months to recharge batteries and have an oil change.
June 25, 20169 yr If you owned this fund as I do, you would have made yourself a very healthy 6% (sterling) overnight profit. http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/i/investec-emerging-market-local-currency-debt-income/charts I think everybody was given fair warning to hedge. Anyone who had shorted GBP the day before the vote would have made that, but what if the vote had ended with 52% remain? Or did you have a look in your crystal ball?
June 25, 20169 yr If you owned this fund as I do, you would have made yourself a very healthy 6% (sterling) overnight profit. http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/i/investec-emerging-market-local-currency-debt-income/charts I think everybody was given fair warning to hedge. And if you had bought it in 2014 you would currently be into a 25% loss. looking at the top ten holdings (currencies, not debtors) gives me the shivers
June 25, 20169 yr What people seem to forget is that the UK trades with many more countries outside the EU than within the EU.I do believe, correct me if I am wrong, it might not be the number of countries outside the EU that define he trade volume, but the volume of trade per country.That might change things somewhat, I guess. I do believe trade with the EU countries is rather important, if not the most important for the UK. But, I could be wrong, of course And trade will continue with those EU countries. Only their products will get more expensive for the Brits, since now import duties need to be added, same goes for export. EU countries may now avoid to import products from UK because import duties need to be added. You do realise don't you that it's possible to leave the EU, but still remain in the single market.
June 25, 20169 yr A lot of British pensioners will be taking a long, hard look at their budgets today Many are on budgets with very little 'wiggle room' i lived here when it was 38bht.to the pound and seen it at 97.so all you guys retirering to thailand never ever set your living rate of exchange above 42-46. otherwise you will suffer the greedy virus. It used to be 8 baht to the pound in the late 19th cent and it was only after the war that it reached high levels
June 26, 20169 yr A lot of British pensioners will be taking a long, hard look at their budgets today Many are on budgets with very little 'wiggle room' i lived here when it was 38bht.to the pound and seen it at 97.so all you guys retirering to thailand never ever set your living rate of exchange above 42-46. otherwise you will suffer the greedy virus. what you forgot to mention is that the purchase power of 38 Baht was equivalent to today's 150 Baht. i remember the days when one Dollar bought 20 Baht but i was paying 60-80 Baht for 6 grilled rock lobsters in an airconditioned Bangkok restaurant the taxi fare BKK to Pattaya was 250 Baht and a working lady was happy to receive 300-400 Baht and a dinner. some girls are lucky to get 300-400bht.NOW. SINGHA AND CLOSTER 100BHT.down south patts.
June 26, 20169 yr some girls are lucky to get 300-400bht.NOW. SINGHA AND CLOSTER 100BHT.down south patts. those who got the same amount 35 years ago?
June 26, 20169 yr some girls are lucky to get 300-400bht.NOW. SINGHA AND CLOSTER 100BHT.down south patts. those who got the same amount 35 years ago? Gosh ,i remember her ,she was a corker in her day , 200 baht and a plate of somtam and you could have a night of wonder . mind you she hasnt changed that much
June 26, 20169 yr You reckon......My mum and dad ate virtualy nothing for 6 years 39/45......You think I worry about stuff .. And they were probably quite healthy; limited meat, sugar, butter, etc
June 26, 20169 yr I notice this site is still in English, the English language is the most important in the world, just one of our many great gifts to the rest of you This allows nationals of other countries to maintain their brain by practicing several languages. Perhaps an beginning of explanation for this suicidal vote ...
June 26, 20169 yr Of course the Pound will drop against other currencies.....including the Baht. It should start on Monday. But what the final rate will be when all the dust settles......who can tell now? As a American I had no vote either way in the BREXIT referendum. if someone asked my opinion however..... I would have to say I have always believed it was long past time for Britain to stop hiding behind mommy's EU apron strings and go out on it's own like a real man. Of course, the same principal also applies to the U.S.A. Stop moaning about how bad things are and get to work fixing the problems.
June 27, 20169 yr Yes Brexit is great for British expats, and if Scotland goes out of the UK you can expect the pound to go down even more. But at least in 10 years you will be back to the levels from before brexit and you will be free. Im sure its all worth it. But it cost the Euro also 1 baht.. and i am less then pleased about that. Good thing i send a lot of money over before.. i saw this coming.
June 28, 20169 yr Yes Brexit is great for British expats, and if Scotland goes out of the UK you can expect the pound to go down even more. But at least in 10 years you will be back to the levels from before brexit and you will be free. Im sure its all worth it. But it cost the Euro also 1 baht.. and i am less then pleased about that. Good thing i send a lot of money over before.. i saw this coming. The British knew there would be a medium term impact on their economy, but decided it was a price worth paying for their sovereignty. You can criticize that if you like - but try to remember for a second that not everyone is prepared to be ruled forever by an undemocratic superstate for the sake of a few Baht on the Pound. Also try to remember that a number of expats routinely send money OUT of Thailand, and therefore your argument of a weak pound necessarily being bad for expats is spurious.
June 28, 20169 yr Yes Brexit is great for British expats, and if Scotland goes out of the UK you can expect the pound to go down even more. But at least in 10 years you will be back to the levels from before brexit and you will be free. Im sure its all worth it. But it cost the Euro also 1 baht.. and i am less then pleased about that. Good thing i send a lot of money over before.. i saw this coming. The British knew there would be a medium term impact on their economy, but decided it was a price worth paying for their sovereignty. You can criticize that if you like - but try to remember for a second that not everyone is prepared to be ruled forever by an undemocratic superstate for the sake of a few Baht on the Pound. Also try to remember that a number of expats routinely send money OUT of Thailand, and therefore your argument of a weak pound necessarily being bad for expats is spurious. a number of expats routinely send money OUT of Thailand please tell us more to brighten the day
June 30, 20169 yr Yes Brexit is great for British expats, and if Scotland goes out of the UK you can expect the pound to go down even more. But at least in 10 years you will be back to the levels from before brexit and you will be free. Im sure its all worth it. But it cost the Euro also 1 baht.. and i am less then pleased about that. Good thing i send a lot of money over before.. i saw this coming. The British knew there would be a medium term impact on their economy, but decided it was a price worth paying for their sovereignty. You can criticize that if you like - but try to remember for a second that not everyone is prepared to be ruled forever by an undemocratic superstate for the sake of a few Baht on the Pound. Also try to remember that a number of expats routinely send money OUT of Thailand, and therefore your argument of a weak pound necessarily being bad for expats is spurious. a number of expats routinely send money OUT of Thailand please tell us more to brighten the day Expats here working for multi-nationals but paid in Thai Baht would be one example. Hope that brightens your day sufficiently, spending most of your waking hours huddled over your computer making fatuous comments on TV must get quite tedious .
June 30, 20169 yr Expats are on their own. Heard the outs say they dont care about Jocks, they dont care about expats, but please, do not critisise the outs.
June 30, 20169 yr Expats here working for multi-nationals but paid in Thai Baht would be one example. Hope that brightens your day sufficiently, spending most of your waking hours huddled over your computer making fatuous comments on TV must get quite tedious . most expats working for multinationals are getting the lion share of their remuneration in hard currency, tax free and paid offshore. perhaps this information brightens your day.
June 30, 20169 yr The wife is paid in Thai Baht ,this month was a very good month ,keep on selling those condos love
June 30, 20169 yr So why did I vote LEAVE......? Because you were clueless as to how a weak pound would affect your income in Thailand. You reckon......My mum and dad ate virtualy nothing for 6 years 39/45......You think I worry about stuff......... Don't know, don't care but for all your bravado on here, you know that if it goes much lower, your missus could be asking you some very stark questions . . . . questions you may have some difficulty providing answers to
June 30, 20169 yr Yes Brexit is great for British expats, and if Scotland goes out of the UK you can expect the pound to go down even more. But at least in 10 years you will be back to the levels from before brexit and you will be free. Im sure its all worth it. But it cost the Euro also 1 baht.. and i am less then pleased about that. Good thing i send a lot of money over before.. i saw this coming. The British knew there would be a medium term impact on their economy, but decided it was a price worth paying for their sovereignty. You can criticize that if you like - but try to remember for a second that not everyone is prepared to be ruled forever by an undemocratic superstate for the sake of a few Baht on the Pound. Also try to remember that a number of expats routinely send money OUT of Thailand, and therefore your argument of a weak pound necessarily being bad for expats is spurious. a number of expats routinely send money OUT of Thailand please tell us more to brighten the day They voted to stop immigration and they chose to stop believing one bunch of lying bastards to vote for another bunch of lying bastards who told them they'd cut immigration. Enter EU who says, 'no free movement of people, no access to to the market' They want the benefits but none of the responsibilities Some (not me) would say that attitude is almost Thai
June 30, 20169 yr The wife is paid in Thai Baht ,this month was a very good month ,keep on selling those condos love your wife is not working for a multinational receiving an expat package.
July 1, 20169 yr Expats here working for multi-nationals but paid in Thai Baht would be one example. Hope that brightens your day sufficiently, spending most of your waking hours huddled over your computer making fatuous comments on TV must get quite tedious . most expats working for multinationals are getting the lion share of their remuneration in hard currency, tax free and paid offshore. perhaps this information brightens your day. I know many expats working for multinationals here in Thailand, and I believe your statement to be incorrect. I suspect you don't get out into the real world much these days, preferring to waste your time on TV bragging about your perceived wealth. Have a great day Sir
July 1, 20169 yr Expats here working for multi-nationals but paid in Thai Baht would be one example. Hope that brightens your day sufficiently, spending most of your waking hours huddled over your computer making fatuous comments on TV must get quite tedious . most expats working for multinationals are getting the lion share of their remuneration in hard currency, tax free and paid offshore. perhaps this information brightens your day. I know many expats working for multinationals here in Thailand, and I believe your statement to be incorrect. I suspect you don't get out into the real world much these days, preferring to waste your time on TV bragging about your perceived wealth. Have a great day Sir when ignorants can't present facts about the "real world" they resort to personal attacks and start to "suspect" and assume
July 1, 20169 yr Expats here working for multi-nationals but paid in Thai Baht would be one example. Hope that brightens your day sufficiently, spending most of your waking hours huddled over your computer making fatuous comments on TV must get quite tedious . most expats working for multinationals are getting the lion share of their remuneration in hard currency, tax free and paid offshore. perhaps this information brightens your day. I know many expats working for multinationals here in Thailand, and I believe your statement to be incorrect. I suspect you don't get out into the real world much these days, preferring to waste your time on TV bragging about your perceived wealth. Have a great day Sir when ignorants can't present facts about the "real world" they resort to personal attacks and start to "suspect" and assume It doesn't get much more "real world" than working and socializing with the very expats that we are discussing. The vast majority are paid at least 50% of their salary in Thailand and pay tax in Thailand, correct payment of tax is one of the things that is checked when you renew your work permit. Anyway I'll leave you to have the last word and carry on posting your puerile comments as you wish, fortunately working here means I have more rewarding ways to spend my days than arguing on the internet. All the best...
July 1, 20169 yr The vast majority are paid at least 50% of their salary in Thailand and pay tax in Thailand correct! and because they are paying tax on their Thai share my statement "lion share of their remuneration in hard currency, tax free and paid offshore" applies... unless using strange maths or logic and claim that 50% minus taxes equals not less than 50% tax free. next!
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