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Vikingblood
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Now when the interest rate is under 1% in Thailand where do you place your money?
Since april last year I have place several million baht in TFB(now kasikorn Bank) bond fund and I have got an average of 6,5% a year net.
This is a fairly safe and must be one of the better interest you can get in Thailand.
Anyone who knows any better?
This is the exact name of the fund: THE RUANG KHAO CORPORATE BOND FUND. Webadress: www.k-asset.co.th
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Thai Girls : Meet Sexy Thai Girls
Posted on: 1:24 pm on Aug. 1, 2003
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China Sailor
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Yeah,
New Zealand...
With Internet Banking and Internet Trading why tie up your money in LOS? You can invest almost anywhere these days and liquidate your investment in one business day if you have an emergency.
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Bangkok Women : Meet Sensual Bangkok Women
Posted on: 1:29 pm on Aug. 1, 2003
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Vikingblood
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There is no binding of money here. You are free to close your account at any time.
Another aspect is the low baht at the moment. Historically it might be a good time to place some money in Thailand. My future plan is to move and start some business in Thailand. This is not something for the visiting tourist.
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Thai Girls : Meet Sexy Thai Girls
Posted on: 1:38 pm on Aug. 1, 2003
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China Sailor
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No binding where I invest my money either. As for the low Baht, I do not think it will get much stronger and if the EU and the US is successful in getting China to remove the 'peg' on RMB then all Asian currencies will drop like 'a stunned falcon'.
I live and do business in Singapore, I keep operating funds here but I do my investing elsewhere. If I need a business loan, no problem, my foreign investments are accepted as security.
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Bangkok Girls : Meet Sexy Bangkok Girls
Posted on: 1:46 pm on Aug. 1, 2003
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Packripper
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I keep my funds in the same place as before. BKKB, SCB, TFB, Standard Chartered and Citibank. Low interest is better than no interest. I'll also take institutional risk to market risk anyday.
For those who can, load up on LOS real estate for the long haul.
-conservative Pack 
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Thai Women : Meet Matured Thai Women
Posted on: 12:44 am on Aug. 2, 2003
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ducksnutz
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Australia, 4.5%, not great, not bad either, but the 4 big banks government guaranteed. Thailand, 1%, sad really and if a bank falls over, go f_ck yourself, also in the case of a friend, he had 800k baht in a bank here and a bank employee stole it all. The bank said, bad luck, you will have to take it up with the 'ex' employee and sue him. Security and peace of mind, bargain.
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Bangkok Women : Meet Beautiful Thai Girls
Posted on: 12:55 am on Aug. 2, 2003
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Packripper
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What bank Ducks? Ý
Surely the bros would want to avoid it. Ý
Myself, I've never heard of anyone losing money from a bank failure here.
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 5:15 pm on Aug. 3, 2003
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The Machine
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I would never invest my hard earneds in Thailand as there are just so many better options available. I have invested in Sydney real estate for the last 20 years and have never regretted it.The returns i have achieved far outweigh any bank interest rates or conservative portfolios.
Thailand for most people is for spending not making money!!!
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Thai Girls : Meet Active Thai Girls
Posted on: 1:24 am on Aug. 4, 2003
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Vikingblood
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ducksnutz
Sorry but this I cant belive.
How can that happend? Did he just hand over the money without any recite?
There is no record of any thai bank that has fallen over and lost all their money.
Some years ago there were some private investment funds that did go bankrupt but still everybody got their money back.
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Thai Women : Meet Matured Thai Women
Posted on: 3:53 am on Aug. 4, 2003
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Packripper
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There was only the Bankgkok Bank of Commerce that failed. Account holders lost nothing. The shareholders, sure, but not the everyday deposit folk.
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 4:07 am on Aug. 4, 2003
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