|
Post by rgs2001uk on Jul 18, 2017 22:02:30 GMT 7
^^^^ as an aside to the previous post, I see Thais buying double lots, the RH side will have the house built on, the LH lot will have a car port, in the future, the carport will be sold, and a wall built between the plots. I dont know if you have driven on the Bang Na-Trat motorway in Bkk, check out those exclusive gated communities up by Gemopolis, check out the prices. Every time I rive to Ikea at bang Na theres yet another development advertised. Up the road from me, they are advertising houses starting from 12-18 million baht. Heres another myth dispelled, Thais dont buy second hand houses, oh efin , a 71 tw house sold the other day, been on the market for about a month, selling price 5.5, I walked by it today, the wrecking crew are in to knock it down, a new house will be built on the land, total cost to the new owner, about 10 million baht, cheaper than the previous quoted prices of new builds.
|
|
Mosha
Crazy Mango Extraordinaire
Posts: 5,758
Likes: 2,961
Member is Online
|
Post by Mosha on Jul 19, 2017 7:17:31 GMT 7
UK CPI dropped unexpectedly in mid June, easing pressure on the BOE to raise rates. Damn it, 2 week before my pension rise was determined.
|
|
|
Post by Soutpeel on Jul 27, 2017 11:15:33 GMT 7
The baby doesnt per se being Thai, understand the free health care thing, this is an Uncle Soutie/ "adoptive Grandpa"Soutie thing and think it stems from something that happened with one of Mrs S other relatives, young couple & young baby...not a sick buffalo story BTW baby gets sick, they take the kid to the local free hosiptal in BKK, Hospital say dengue, they freak out as can be bad news in one so young, young couple phone "Aunty" Mrs S in a sheer panic over the kid, she tells me...i say Dengue in BKK ?...they havent been out of BKK in months... dont think its Dengue...whats the symptons ?...online Thai English "medical dictionary" comes out...convinced in not Dengue, call a mate of mine who is an RN, he reckons not either, recommends moving to another hospital for second opinion, tell them to move the kid to closest private hosptial, dont worry about the money...i will pay Diagnosis in private hospital is gastro and the kid is dehydrated, in for 2 days, tests, bed, nursing, doctors etc 21k, which left to their own devices this young couple couldnt front, in this case the outcome was postive, but the reverse could have also been true with possible severe consequences if say the free hospital misdiagnosed gastro and was in fact dengue In the case of the baby iam referring to, i want try and give this kid access to the best possible hospitals/ treatment, if needed that his parents would never be able to afford, this may all sound daft on my part, but have really grown fond of the little fker and he is a great little kid, and maybe having decent medical insurance for the kid may one day take the stress off his parents, if he ever got really sick and worried about getting the best treatment they can for him in Thailand. As stated maybe it just me being a daft sentimental tw@t wanting to do this...but the net result is, it appears none of the Thai based insurance companys will not do a policy such as this unless tied to an adult policy and cant put him on mine as not a direct minor blood relative or dependent We would have to adopt him, and given the chance, Mrs S would be signing the paperwork tomorrow ... ^^^ Tis a good thing you do, been there done that. His Holiness Lord BucketHead will reward you in your next life, your are big naam jai and jai dee. As an update, i did manage to find a stand alone policy for the baby through AIA, got talking to someone there and she came back about two weeks later with 4 options, all varying in premium / benefits The policy i took in the end is basically medical insurance which will cover him for all his natural life ie to age 99, you basically pay in your premiums for 19 years after which you pay no more premiums but he is covered to age 99, coverage amount is thb 5.0 million p.a. for in patient treatment currently There is front end premium loading for first 10 years after which the premium reduces by 30% for the remaining 9 years The premium for this works out to just over thb 5k/m (Mrs S just does one less food shop at Tops per month ) Its quite expensive, i grant you but it will give the parents piece of mind as regards decent medical treatment for the kid, and once he is an adult, he will always have medical insurance for the rest of his life
|
|
|
Post by Fletchsmile on Jul 27, 2017 12:46:17 GMT 7
Alternatively a couple of hours a year less drinking with Blether and Smokie
|
|
smokie36
Vigilante
Posts: 15,745
Likes: 9,150
|
Post by smokie36 on Jul 27, 2017 13:16:40 GMT 7
Alternatively a couple of hours a year less drinking with Blether and Smokie We are both on tea this year. One lump or two?
|
|
|
Post by Soutpeel on Jul 27, 2017 13:28:47 GMT 7
Alternatively a couple of hours a year less drinking with Blether and Smokie I have only ever drank with the Blether and an amphibian on one ocassion and as the god fearing, tea total, innocent little soul that i am they both led me astray and forced vast quantities of the devils brew on me...'onest guv
|
|
siampolee
Detective
Alive alive O
Posts: 14,355
Likes: 9,179
|
Post by siampolee on Jul 27, 2017 15:45:55 GMT 7
You can't put a price on a child's life.Your efforts Soutpeel are indeed a fine example to all of us.
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,482
Likes: 5,572
|
Post by chiangmai on Jul 29, 2017 7:42:07 GMT 7
A decent article here talks about the need for the UK to reduce it's "giant" trade deficit which currently stands at 4.4% of the current GDP level, bearing in mind that if the economy shrinks that number will increase - the deficit is the largest of any studied by the IMF in the report. Interestingly, at the other end of the scale, the report mentions Thailand which has a surplus of 11.5%. So the UK has three choices: increase GDP by increasing trade to other countries, increase foriegn financial investment in the UK or reduce the value of its imports. The first option doesn't seem likely given what's currently happening with Brexit negotiations and the recent news that the UK will not be able to enter into new trade agreements, until Brexit is complete. The second option used to be our savior but with the banks actively seeking to move out of the City this doesn't look likely, plus foreign investors need a sound reason to invest. Our risk currently is that existing investors will withdraw their support (and funds) because of Brexit hence we're not looking for just additional funds, we need replacement for existing funds as well! www.bloomberg.com/graphics/2017-brexit-bankers/The third option seems like an easy out, simply import less. But the extent to which we now rely on imported goods for staple and basic every day needs is far higher than most imagine and again, Brexit is coming and this will make that situation worse. So is it all doom and gloom, of course not, those Brits who earn in THB or have THB holdings will see a(nother) windfall but only if they return to the UK at some point. For those that don't the exchange rate is likely to get worse before it gets batter and the above is one of the major reasons why. www.telegraph.co.uk/business/2017/07/28/uk-must-address-giant-trade-deficit-imf-warns/
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,482
Likes: 5,572
|
Post by chiangmai on Aug 3, 2017 18:11:18 GMT 7
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,482
Likes: 5,572
|
Post by chiangmai on Aug 14, 2017 4:20:28 GMT 7
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,482
Likes: 5,572
|
Post by chiangmai on Sept 15, 2017 18:29:33 GMT 7
It looks as though GBP/THB is strengthening, 44.03 (UOB thinks 44.34) as I write, that's good news for expats on fixed incomes. BUT, where's the UK headed, BOE is hinting at early rate rises and mortgage holders are being warned that pain is coming - what a difference a month can make.
|
|
rubl
Crazy Mango Extraordinaire
The wondering type
Posts: 23,997
Likes: 9,332
|
Post by rubl on Sept 16, 2017 12:01:58 GMT 7
It looks as though GBP/THB is strengthening, 44.03 (UOB thinks 44.34) as I write, that's good news for expats on fixed incomes. BUT, where's the UK headed, BOE is hinting at early rate rises and mortgage holders are being warned that pain is coming - what a difference a month can make. I (almost) gave up on understanding exchange rate and the effect of strengthening/weakening valuta. Some indicated a weakening pound (against US$/EURO) was good for the economy and now I read a strengthening pound is good for the economy. No wonder some people are moving back into gold
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,482
Likes: 5,572
|
Post by chiangmai on Sept 16, 2017 15:33:24 GMT 7
It looks as though GBP/THB is strengthening, 44.03 (UOB thinks 44.34) as I write, that's good news for expats on fixed incomes. BUT, where's the UK headed, BOE is hinting at early rate rises and mortgage holders are being warned that pain is coming - what a difference a month can make. I (almost) gave up on understanding exchange rate and the effect of strengthening/weakening valuta. Some indicated a weakening pound (against US$/EURO) was good for the economy and now I read a strengthening pound is good for the economy. No wonder some people are moving back into gold I'm a fan of trying to understand the underlying reasons for the behaviour of people and things, I've frequently asked myself, why did she do that - then I realise that even she didn't know so how could I possibly! The weaker Pound was thought good because it made exports more attractive, now it's a case of saying bugger exports, we need FDI and a strong Pound helps that - actually what we need is a Goldilocks Pound.
|
|
smokie36
Vigilante
Posts: 15,745
Likes: 9,150
|
Post by smokie36 on Sept 16, 2017 20:23:45 GMT 7
I (almost) gave up on understanding exchange rate and the effect of strengthening/weakening valuta. Some indicated a weakening pound (against US$/EURO) was good for the economy and now I read a strengthening pound is good for the economy. No wonder some people are moving back into gold I'm a fan of trying to understand the underlying reasons for the behaviour of people and things, I've frequently asked myself, why did she do that - then I realise that even she didn't know so how could I possibly! The weaker Pound was thought good because it made exports more attractive, now it's a case of saying bugger exports, we need FDI and a strong Pound helps that - actually what we need is a Goldilocks Pound. Did I hear the words STRONG POUND???
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,482
Likes: 5,572
|
Post by chiangmai on Sept 16, 2017 20:26:33 GMT 7
I'm a fan of trying to understand the underlying reasons for the behaviour of people and things, I've frequently asked myself, why did she do that - then I realise that even she didn't know so how could I possibly! The weaker Pound was thought good because it made exports more attractive, now it's a case of saying bugger exports, we need FDI and a strong Pound helps that - actually what we need is a Goldilocks Pound. Did I hear the words STRONG POUND??? ...er, I forgot the er, a stronger Pound.
|
|