oldie
Crazy Mango Extraordinaire
Posts: 5,712
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Post by oldie on Sept 23, 2020 13:59:45 GMT 7
AyG what can you play or shouldn't we go there. I'm a master of the pink oboe. I'm also pretty handy with the organ. I'm trying very hard to unsee that. |
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chiangmai
Crazy Mango Extraordinaire
Posts: 6,199 
Likes: 5,202
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Post by chiangmai on Sept 23, 2020 14:16:21 GMT 7
I was trying to change the subject.
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Post by rgs2001uk on Sept 23, 2020 19:39:19 GMT 7
My wife and I have a working agreement, that isn't even an agreement (it's just how things turned out). Reality is, I'm effing hopeless at saving but earn a good quid. The misses is excellent at saving and earns a modest income. Me and the kid really enjoy our holidays and eating out, and some of the finer things in life. So, what I earn we spend. That covers everything from running 2 cars and 2 houses, and wasting a lot on rock concerts, buying new electric guitars plus lessons, flying lessons, holidays etc etc... I should add that I have a nice retirement superannuation nestegg put away, but that is separate. The misses squirrels her money away, and has almost 6 figures in cold cash parked up. Edit... Dollars, not baht... Buy us a Fender for Xmas Oldie, I'll pay you back with non-stop AC/DC rifts.  More of a Gibson man myself, never mind Hendrix and Rory Gallagher played Strats, so thats good enough for me. |
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Post by rgs2001uk on Sept 23, 2020 19:40:56 GMT 7
And in a flash the original topic was a distant memory, what was it about, astrology or something wasn't it, old MiD would have had kittens by now (which might just improve his disposition). As you well know by now, staying on topic here will earn you three days in the sin bin. |
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Post by eldivino on Mar 13, 2021 16:33:35 GMT 7
(1) Why do you want to invest? (Serious question.) Why not simply improve your current standard of living by eating in fancier restaurants, buying nicer clothes and accessories &c., &c.. (2) Why do you see this as investing "as a couple"? However great things may seem at the moment, there's a probability that you will, in time, go separate ways. Better to keep things separate at this stage than to have a messy disentanglement. This also means that when it comes to question (1), you and your partner may have different reasons for wanting to invest. (3) As for vehicles, assuming you live in Bangkok, is it really worth it with the terrible road conditions here? Better to hire a vehicle for the occasional long distance trip if you need to, and otherwise get around by Grab or public transport. Apologies, I think I was using the wrong word. When I said “investment vehicle” I was actually referring to assets, e.g. a condo or a fund. Anyway, the gf just went ahead and bought the condo she fell in love with. I’ll be paying her a small rent which is a third of what I’m currently paying, so I’ll have more free cash flow to invest in other stuff without sitting on a long-term commitment that I’m not even too confident in (the Thai condo market, of course, not the relationship). Think that’s a good solution and win-win, though I would have liked to get the zero-interest loan from her dad but you can’t have everything. So now I need to figure out where to put my money after I sold some of my ETFs at the worst time possible and markets are now skyrocketing and people are making shit loads of money with gambling in bitcoins and nonsense. |
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Post by eldivino on Mar 13, 2021 16:43:38 GMT 7
My best advice to you, keep you and your girlfriends affairs seperate, no doubt you love her and she loves you, but neither of you know what the future holds. I am not saying that to be cynical, but base it on at least 3 Thai friends I know, the men own nothing,the house is in their mothers name etc etc. Be thankful Thailand does not recognise de facto relationships. For me personally, there is nothing in Thailand I would consider investing in, so that leaves farangland. I think there are bargains to be had in the UK FTSE, some of these companies are down 40+%, if you are prepared to put in the hours and do your research, and wait it out for say 5 years, you may do very well out of these times in which we find ourselves. I generally agree with all you say. And I’m not even confident in the Thai condo market and the current valuations. On the other hand, I’m paying a good amount of money every month into someone else’s pockets, and it would have been nice to pay that money towards a condo instead, sharing the investment together, and benefiting from her dad giving a zero-interest loan. She now bought it for herself and I’ll be moving in with her for a small rent, so I’ll have more money to invest at the end of the month. Actually that’s a good solution. Just need to figure out what to invest in. I was comfortable with my boring long-term low-cost low-return all-world ETF investment, but then I chickened and sold at the worst time (last March or so) and am now sitting on cash, a good loss, and markets sky-high, thinking what to do. |
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Jan 4, 2023 21:15:53 GMT 7
Jan 4, 2023 21:15:53 GMT 7
