anon4546543 Posted May 10, 2017 Share Posted May 10, 2017 1 minute ago, tazly said: Good lord! If what you say is true, stock prices would never move as for every stock bought, one is sold.....I suggest you google supply-demand curve, do some reading and come back. Well that is not what I said, I also mentioned a profit motive. I run my own Australian Superannuation Fund. It is doing very well thank you. \ I buy stock at a low and sell at a premium. It provides for my life here in Thailand. I have found that greed is the motivator that gives me constant small rewards. Not some "intellectual" that pretends he has all the answers. I don't have any answers either, other forces of huge funds control currency and stock markets and manipulations. I hang onto the skirt tails and let greedy people hoping for the big bucks let me make very small profits consistently overall. QED Link to comment Share on other sites More sharing options...
tazly Posted May 10, 2017 Share Posted May 10, 2017 2 hours ago, spiderorchid said: Well that is not what I said, I also mentioned a profit motive. I run my own Australian Superannuation Fund. It is doing very well thank you. \ I buy stock at a low and sell at a premium. It provides for my life here in Thailand. I have found that greed is the motivator that gives me constant small rewards. Not some "intellectual" that pretends he has all the answers. I don't have any answers either, other forces of huge funds control currency and stock markets and manipulations. I hang onto the skirt tails and let greedy people hoping for the big bucks let me make very small profits consistently overall. QED Think I will go with simoh1490 on this one.....but thanks anyway genius! Link to comment Share on other sites More sharing options...
anon4546543 Posted May 10, 2017 Share Posted May 10, 2017 42 minutes ago, tazly said: Think I will go with simoh1490 on this one.....but thanks anyway genius! But are you making a profit? Good luck, I wish you well. Link to comment Share on other sites More sharing options...
gk10002000 Posted May 10, 2017 Share Posted May 10, 2017 The convenience factor and price of the Elite Visa is becoming more and more likable as the USD to Baht goes up. at 35 baht/1 USD, 500,000/35 = $14,285 or 2,857/year. And if one actually gets that 6th year it is even better. It would be great if it went to 42 or so baht/USD like when I first went in 2004. Yes I know, still considerably more than other long term visa and extension options and the relative price to those other options doesn't change. Has anybody gotten the recent 10 year for 800k? At the current exchange rates that really is becoming attractive. ~2200 USD per year to have few paper hassles and no need for reentry permits Link to comment Share on other sites More sharing options...
simoh1490 Posted May 10, 2017 Share Posted May 10, 2017 (edited) 4 hours ago, janclaes47 said: I'm not an expert but I think that is exactly how it works. If you want to buy a stock, someone has to sell one, otherwise you will not be able to buy. Sorry Aleck. Stock is finite, money is not, if you want to understand money supply look at the M0 and M4 figures. For the other stuff, an example: if somebody wants to buy a product that is denominated in THB they must first buy THB. And if they use their own currency to buy that THB, let's say they use USD, that trade gives BOT a USD equivalent amount to store away, aka foreign currency reserves. BUT the second that transaction is performed THB strengthens because demand for THB is seen, hence BOT is now holding a USD equivalent from that trade that is greater in value than the amount of THB that was purchased thus a profit was made by BOT. Edited May 10, 2017 by simoh1490 Link to comment Share on other sites More sharing options...
tazly Posted May 11, 2017 Share Posted May 11, 2017 20 hours ago, spiderorchid said: Well that is not what I said, I also mentioned a profit motive. I run my own Australian Superannuation Fund. It is doing very well thank you. \ I buy stock at a low and sell at a premium. It provides for my life here in Thailand. I have found that greed is the motivator that gives me constant small rewards. Not some "intellectual" that pretends he has all the answers. I don't have any answers either, other forces of huge funds control currency and stock markets and manipulations. I hang onto the skirt tails and let greedy people hoping for the big bucks let me make very small profits consistently overall. QED Buy low...sell high yadayada we all know the mantra. The fact is stock trading is a zero sum game....for every winner there is a loser. I have never met anyone who admits to losing money on the markets, but assuming the 50% of winners includes highly qualified fund managers, company insiders and a few lucky people, I would be real surprised if you are beating the market. Maybe you could post your returns over the last 10 years on an annual basis compared to the average index return and inflation so we can all assess whether you are truly successful or just blowing smoke! Link to comment Share on other sites More sharing options...
YetAnother Posted June 15, 2017 Share Posted June 15, 2017 very good, all us pensioners based on USD are happy Link to comment Share on other sites More sharing options...
Tony125 Posted June 15, 2017 Share Posted June 15, 2017 For all you soothsayers predicting the Thai baht to weaken (last of posts before mine in May ) here it is June 15th 2017 and the Baht is 33.91 to the USD so it has gained against the USD. In may it was 35 + to the USD Link to comment Share on other sites More sharing options...
Bastos60 Posted June 15, 2017 Share Posted June 15, 2017 1 hour ago, Tony125 said: For all you soothsayers predicting the Thai baht to weaken (last of posts before mine in May ) here it is June 15th 2017 and the Baht is 33.91 to the USD so it has gained against the USD. In may it was 35 + to the USD Has to do with speculation. Many investors are cashing in on their profits around this time. Link to comment Share on other sites More sharing options...
anon4546543 Posted June 15, 2017 Share Posted June 15, 2017 21 minutes ago, Bastos60 said: Has to do with speculation. Many investors are cashing in on their profits around this time. It has to do with market perception that Trump is destabilising the US. Markets are factoring a possible Pence presidency or else the US dollar would have crashed. Link to comment Share on other sites More sharing options...
bert bloggs Posted July 21, 2017 Share Posted July 21, 2017 well its july 21st now and its getting stronger all the time against the pound . Link to comment Share on other sites More sharing options...
pegman Posted July 21, 2017 Share Posted July 21, 2017 43 minutes ago, bert bloggs said: well its july 21st now and its getting stronger all the time against the pound . What currency isn't stronger against the pound? Plenty more to fall too I would think. Link to comment Share on other sites More sharing options...
anon789561 Posted July 21, 2017 Share Posted July 21, 2017 On 08/03/2017 at 3:20 AM, jaltsc said: “The Thai baht today is traded at Bt35.13 per US dollar, gaining nearly 2 per cent since the beginning of this year. “ Wow!!! Fantastic!!! If this trend continues, I will be able to afford the farang rate at the national parks......Oh Wait...I can just go to any local soi and look at dumped garbage for free. why be so negative. you know the score. why moan about it. don't go to the parks if you think it's a rip off and tidy the garbage up if it means so much to you ; ) i mean you could right, but you choose not to. moan instead. won't get you anywhere but if it makes you feel better crack on. the garbage will still be there for you to moan about tomorrow Link to comment Share on other sites More sharing options...
LammyTS1 Posted July 22, 2017 Share Posted July 22, 2017 well its july 21st now and its getting stronger all the time against the pound .Incorrect, it has weakened over the past month.Sent from my iPhone using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
bert bloggs Posted July 22, 2017 Share Posted July 22, 2017 3 minutes ago, LammyTS1 said: Incorrect, it has weakened over the past month. Sent from my iPhone using Thailand Forum - Thaivisa mobile app Well i wish it would "weaken" up the top of the chart not down the bottom.lol Link to comment Share on other sites More sharing options...
LammyTS1 Posted July 24, 2017 Share Posted July 24, 2017 Well i wish it would "weaken" up the top of the chart not down the bottom.lolWhy? Are you sending money back to UK?Sent from my iPhone using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
LammyTS1 Posted July 24, 2017 Share Posted July 24, 2017 Sent from my iPhone using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
anon789561 Posted July 24, 2017 Share Posted July 24, 2017 1 minute ago, LammyTS1 said: Sent from my iPhone using Thailand Forum - Thaivisa mobile app the other thing is you could have just opened a few salons in south west London. easy. anyway. let them be Link to comment Share on other sites More sharing options...
bkk6060 Posted July 24, 2017 Share Posted July 24, 2017 2 minutes ago, Happy enough said: the other thing is you could have just opened a few salons in south west London. easy. anyway. let them be What is it like there? I first went to the UK 15 years ago and I loved it. I went 2 years ago and will never go back no people speak English OMG so many foreigners refuges very crazy. Link to comment Share on other sites More sharing options...
anon789561 Posted July 24, 2017 Share Posted July 24, 2017 1 minute ago, bkk6060 said: What is it like there? I first went to the UK 15 years ago and I loved it. I went 2 years ago and will never go back no people speak English OMG so many foreigners refuges very crazy. south west is still very nice but don't open any thai restaurants or salons please around the south west. barnes, Battersea, Putney etc. feel free too. I promise i'll shut you down. that is a promise. you go outside. you can try. don't Link to comment Share on other sites More sharing options...
Thian Posted January 8, 2018 Share Posted January 8, 2018 And today (10 months later) the dollar is 32.23 thb. The weakening didn't work well i guess....555 Link to comment Share on other sites More sharing options...
Naam Posted January 8, 2018 Share Posted January 8, 2018 On 7/24/2017 at 7:21 PM, bkk6060 said: no people speak English that's terrible Link to comment Share on other sites More sharing options...
bkk6060 Posted January 8, 2018 Share Posted January 8, 2018 1 hour ago, Naam said: that's terrible Yes, it would be for many people since it is England.... But, maybe more speak English since I posted that 6 months ago........ Link to comment Share on other sites More sharing options...
simoh1490 Posted January 8, 2018 Share Posted January 8, 2018 2 hours ago, Thian said: And today (10 months later) the dollar is 32.23 thb. The weakening didn't work well i guess....555 So Thailand weakens their currency in order to placate America and then job done, the US allows their currency to weaken thus making the Baht seem strong once again and then cries foul, Thailand you're manipulating your currency they cry, you must weaken the Baht or we will punish you.......say wot! Link to comment Share on other sites More sharing options...
ChrisY1 Posted January 8, 2018 Share Posted January 8, 2018 Just realised that the original post was March '17......TVF trying to placate the falang:)) Link to comment Share on other sites More sharing options...
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