chiangmai
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Post by chiangmai on Mar 26, 2021 1:17:11 GMT 7
"I dont know what FB groups you follow"..........zero, nada, none. I have a hard enough time with my next door neighbor without listening to stories from further afield.
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rott
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Post by rott on Mar 26, 2021 4:09:57 GMT 7
Send the serf next time or the Woman Friday perhaps. I tried sending mine and she said it wasn't in her job description and threatened a walk out. I dont know what FB groups you follow, , some of the stories are hilarious, covid, stuck in the boonies blah blah blah, have to do a 90 day report, blah blah blah, why wont my local immi office allow me to renew my visa in the boonies, answer, you are not registered there. Pls go to where you are registered, I refuse to keep the money in the bank, I wont have the Thais tell me what to do with my money, blah blah blah, whinge whinge whinge, the usual visa runner types that left the country every 90 days, now they are effed, hell mend them. Pls Thailand and mr immigration, kick their sorry asses out. So if the IO can verify your address and everything else on the computer why the fxxx do they need photocopies of every bastard thing they can think of. Disgusted Nakhon Tunbridge Wells
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rott
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Post by rott on Mar 26, 2021 4:15:01 GMT 7
Yes I know that was slagging off those that we don't want here, but Imm are frequently unrealistic. Or they want us using agents.
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chiangmai
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Post by chiangmai on Mar 26, 2021 7:47:19 GMT 7
Using a legit agent is highly desirable to them It reduces their work load and involves fewer staff, all they have to do is have a cursory glance at the paper work then sign; it reduces traffic at the offices; they get a slice of the fee action. Arguably, many legit agents do a more thorough and uniform job than their counterparts plus the customer gets more efficient and agreeable service.
As for why all the copies: it's a product of learning by rote, the copies are the proof the task has been done and all the procedures followed. If line staff were more reliable and less susceptible to short cuts and backhanders, these things wouldn't be necessary.
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Post by rgs2001uk on Mar 26, 2021 21:06:39 GMT 7
"I dont know what FB groups you follow"..........zero, nada, none. I have a hard enough time with my next door neighbor without listening to stories from further afield. , thankfully I live in a farang free ghetto, is the neighbour German per chance, 5555. even worse a shandy drinking southerner, or god forbid a surrender monkey, does he have a flag outside his house?
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chiangmai
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Post by chiangmai on Mar 27, 2021 0:30:26 GMT 7
"I dont know what FB groups you follow"..........zero, nada, none. I have a hard enough time with my next door neighbor without listening to stories from further afield. , thankfully I live in a farang free ghetto, is the neighbour German per chance, 5555. even worse a shandy drinking southerner, or god forbid a surrender monkey, does he have a flag outside his house? He DOES have a flag pole outside his house, he flies the Thai flag and the US flag just below......seriously
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Post by rgs2001uk on Mar 27, 2021 20:39:33 GMT 7
, thankfully I live in a farang free ghetto, is the neighbour German per chance, 5555. even worse a shandy drinking southerner, or god forbid a surrender monkey, does he have a flag outside his house? He DOES have a flag pole outside his house, he flies the Thai flag and the US flag just below......seriously Brilliant stuff CM, I knew it, I effin knew it, give him shit, sounds like a complete tosser. Nothing screams more than rob my house look at me flaunting my wealth than a farang flag. I can take you to soi boxhead in Cha Am, the whole soi speak nothing but German, great people by the way.
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Mosha
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Post by Mosha on Apr 2, 2021 3:03:24 GMT 7
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chiangmai
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Post by chiangmai on Apr 2, 2021 4:36:58 GMT 7
AyG and I already had a discussion about that sites forecasts (critique my portfolio thread) and we both agree they are nothing more than an extrapolation of current trends. Their forecasts don't imagine future events and attempt to factor in the exchange rate implications, instead, they take the existing trend line and extend it. In summary, the forecast is highly unreliable. That is not to say they definitely won't materialize but the chances that they will are very small. I reckon that setting a target exchange rate, at which you are actually willing to make an exchange, is the best way to go. We're getting close to 42.80 which is my next strike price, if I see that I'll be happy. You have to smile when you read the stories at the other place of people agonizing about when they should make the exchange when the difference between today or the rate they really want to get means only an additional 600 baht, it's not worth the stress.
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Mosha
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Post by Mosha on Apr 2, 2021 5:25:28 GMT 7
AyG and I already had a discussion about that sites forecasts (critique my portfolio thread) and we both agree they are nothing more than an extrapolation of current trends. Their forecasts don't imagine future events and attempt to factor in the exchange rate implications, instead, they take the existing trend line and extend it. In summary, the forecast is highly unreliable. That is not to say they definitely won't materialize but the chances that they will are very small. I reckon that setting a target exchange rate, at which you are actually willing to make an exchange, is the best way to go. We're getting close to 42.80 which is my next strike price, if I see that I'll be happy. You have to smile when you read the stories at the other place of people agonizing about when they should make the exchange when the difference between today or the rate they really want to get means only an additional 600 baht, it's not worth the stress. If it stays where it is until my next visa extension is due, I'll be happy. Gets me past 66 and State pension
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Post by rgs2001uk on Apr 2, 2021 20:58:55 GMT 7
AyG and I already had a discussion about that sites forecasts (critique my portfolio thread) and we both agree they are nothing more than an extrapolation of current trends. Their forecasts don't imagine future events and attempt to factor in the exchange rate implications, instead, they take the existing trend line and extend it. In summary, the forecast is highly unreliable. That is not to say they definitely won't materialize but the chances that they will are very small. I reckon that setting a target exchange rate, at which you are actually willing to make an exchange, is the best way to go. We're getting close to 42.80 which is my next strike price, if I see that I'll be happy. You have to smile when you read the stories at the other place of people agonizing about when they should make the exchange when the difference between today or the rate they really want to get means only an additional 600 baht, it's not worth the stress. I concur, best avoid these clickbait articles, probably knocked out by some digital nomad type on the beaches, his research was nothing more than copy n paste. eff me havent done that shit in years, what was it called, moving averages or something like that? Personally I prefer to deal with known facts rather than unknowns, as soon as my money clears and is in the stockbroker account, I will phone him and tell him to transfer it to my bank, I will then phone the bank and transfer at whatever the rate is. As mentioned above, stresing about 6000 baht is not for me. Reminds me of the idiots I used to see on suk soi 4, walking about with a grubby 100 dollar bill in their hands looking for the best exchange rate, sweating their bollocks off whilst the rest of us were sat knocking back happy hour beers, all to get 35.6 instead of 35.3. Look mate just go that chinese jewellery shop across the road they give the best rates.
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chiangmai
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Post by chiangmai on Apr 4, 2021 4:01:17 GMT 7
Some of the sharpest expat economics minds in Nakon Nowhere are discussing GBP/THB and the forecast link you posted, over at the other place. One chap has concluded that THB is secretly linked to RMB because they move in unison. The relationship of them both to USD seems lost on the poor chap but never mind, he's certain he's found the answer. Another chap believes that USD will remain strong throughout the Biden presidency which indeed could be the case, how that will work for exports however remains unclear. Personally, I think the the 10year bond rate is key, if that continues to increase then a rate rise will be needed, that will spark a rush into USD and capital outflows will slow. But the picture remains virus and vaccine driven, almost totally.
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chiangmai
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Post by chiangmai on Apr 12, 2021 18:15:39 GMT 7
"The pound could swing in coming months as traders wake up to the threat that Scottish elections pose to the union, analysts have warned.
Strategists in the Square Mile said that a heavily pro-independence vote in next month’s Scottish Parliament election could hold sterling back and mean that investors once again shun British stocks.He said the moves are unlikely to be enormous but warned a strong SNP showing would make it tougher for sterling to extend its rally".
GBP/THB exchange rate under threat from Scottish devolution vote, best get in there sharpish if you're going to buy Baht.
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Mosha
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Post by Mosha on Apr 12, 2021 19:07:51 GMT 7
"The pound could swing in coming months as traders wake up to the threat that Scottish elections pose to the union, analysts have warned. Strategists in the Square Mile said that a heavily pro-independence vote in next month’s Scottish Parliament election could hold sterling back and mean that investors once again shun British stocks.He said the moves are unlikely to be enormous but warned a strong SNP showing would make it tougher for sterling to extend its rally". GBP/THB exchange rate under threat from Scottish devolution vote, best get in there sharpish if you're going to buy Baht. The polls aren't exactly positive for Wee Jimmy. I haven't looked at bookmakers odds yet.
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chiangmai
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Post by chiangmai on Apr 20, 2021 9:13:54 GMT 7
If you haven't already spotted him, Chartchai Parasuk is a freelance economist who writes some excellent articles in the Bangkok Post, he used to be CEO of Tanachart Life Insurance and he holds a Phd. He's currently on article 3 of 5 on the Thai economy and the fallout from covid, his most recent one regarding the chances of a forthcoming liquidity crisis was seriously well-argued. If you're into this kinda stuff, he's a must read. www.bangkokpost.com/opinion/columnist/3764
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