What can I invest in?

[xzyv]

I'm a teacher. I don't make much but I am able to save a little a month. So what can invest in with 50k i.e stocks, shares or anything.

***P.S*** I'm really new at this and am very clueless.

[ChrisP24]

In order to narrow the responses, can you advise what is your home country?  Is that 50k baht, dollars, euros?

 

And if you are from the U.S., are you paying U.S. income tax, or is all of your income subject to the foreign earned income exclusion (FEIE)? 

 

Also what is your general age range and investment timeline and goal?  Do you think you will stay in Thailand or abroad, or do you think you may move back home in a few years and buy a house?

[GrandPapillon]

not much I am afraid, and no, don't try Bitcoins and any alternative <deleted> coins ????

 

keep the 50K in cash, that's your best investment at this stage, at least you are not losing money ????

[kynikoi]

And your first post.

[fdsa]

invest only in stuff you understand well.

If you do not understand stocks or cryptocurrencies - do not invest in them. If you can only teach - invest in a decent PC & good microphone & webcam and supplement your "offline" teaching in the school with paid consultations online.

[LesserEvil]

Follow David Hunter on twitter, wait until there is a stock market crash (he is expecting a 1929 style implosion when the FED tightens) and at this time go balls deep in silver mining shares .... SIJ, SILJ.

[irishman25]

3 hours ago, ChrisP24 said:

In order to narrow the responses, can you advise what is your home country?  Is that 50k baht, dollars, euros?

 

And if you are from the U.S., are you paying U.S. income tax, or is all of your income subject to the foreign earned income exclusion (FEIE)? 

 

Also what is your general age range and investment timeline and goal?  Do you think you will stay in Thailand or abroad, or do you think you may move back home in a few years and buy a house?

for a investment check out the company's who make the small glass high quality bottles that store the covid-19 vaccine and if there in a mutual fund of EFT fund all the better lower risk

[northsouthdevide]

Have you heard of a company called British Lithium?

Check it out.

 

[xzyv]

7 hours ago, ChrisP24 said:

In order to narrow the responses, can you advise what is your home country?  Is that 50k baht, dollars, euros?

 

And if you are from the U.S., are you paying U.S. income tax, or is all of your income subject to the foreign earned income exclusion (FEIE)? 

 

Also what is your general age range and investment timeline and goal?  Do you think you will stay in Thailand or abroad, or do you think you may move back home in a few years and buy a house?

I'm from South Africa and I'm in my mid 20's going late 20's. I think I will stay  in Thailand for not more than 10years. Investment timeline I want it to be for at least 10 years too. 

 

Yes, it's 50k Thai baht. So I would like to make the investments here in Thailand. 

Thank you.

Edited May 27, 2021 by xzyv

[BenDeCosta]

Keep saving cash in the best savings account you can find until you have enough saved to cover all your living costs for 6 months, then start looking at stocks, shares, bonds, funds etc. 

[GrandPapillon]

Thailand Government Savings Bank used to have savings account with 6% interests, for Thai only

 

if your spouse is Thai, put it there

 

or you could buy shares in a new bar in Pattaya, lot of bargains at the moment ????

[Heng]

9 hours ago, GrandPapillon said:

Thailand Government Savings Bank used to have savings account with 6% interests, for Thai only

 

You'd also have to travel back in time to the early 90's.   

[anon7854]

With only 50k baht you won't have much luck in getting in some decent returns. Waste of time if you ask me.

I would say save continuously for those number of  years - buy a condo and rent it to tourists.

Edited May 27, 2021 by anon7854

[AndyAndyAndy]

You can put it in ETF, where you are guaranteed 8% every year (doubling your money every 9 years) on average. (as much as return on investment can be guaranteed)

 

But with 50k Baht I would just go into a Bitcoin. It's a casino, but what you have here is a "weekend in Las Vegas" money anyway.

[bojo]

You could consider buying a couple of second hand mopeds/twist and go type and rent them. There's auctions around the country to purchase from or privately of course.................It's not without risk, but if managed well, it's a potential business model............................... I don't know the current rates, am a bit outa touch TBH and no doubt there are many on here that will be able to advise better or advise to the contrary....But if you bought a second hand one for 25K and rented long term to a trustworthy collegue for example  (year contract perhaps) @ 2000 Baht per month, you would pretty much get your investment back after that year, less any maintenance etc. You could then either continue renting or sell it. The amout you sell for (again less the maintenance) is your ROI.................. fancy you might be able to sell for about a minimum of 10K net gain, which is 20K net if you buy 2 scooters, a 40% gain in one year and go from there.............Again, it's not without potential issues and risks, but an option.....................

[Kinnock]

Listen to the advice of anyone calling themself a 'Financial Advisor' and do the exact opposite.

[GrandPapillon]

1 hour ago, AndyAndyAndy said:

You can put it in ETF, where you are guaranteed 8% every year (doubling your money every 9 years) on average. (as much as return on investment can be guaranteed)

 

But with 50k Baht I would just go into a Bitcoin. It's a casino, but what you have here is a "weekend in Las Vegas" money anyway.

ETF that are guaranteed with 8% every year??? sounds like a pipe dream, I would like to see that, do you have a name?

[ChrisP24]

16 hours ago, xzyv said:

I'm from South Africa and I'm in my mid 20's going late 20's. I think I will stay  in Thailand for not more than 10years. Investment timeline I want it to be for at least 10 years too. 

 

Yes, it's 50k Thai baht. So I would like to make the investments here in Thailand. 

Thank you.

 

The logical place to start would be to build a "cash reserve" using shorter-term time deposits with your Thai bank.  Then once you have 3-6 months of living expenses saved locally in Thailand (in baht which is what you're planning to spend for the next <10 years ), look to your home country and open a Rand-denominated mutual fund account.  For the Thailand-based time deposit, the interest rate will be low but at least will be something, and you have stable principal and short-term access to your money in case an emergency happens or you have an employment interruption and need it to liv eon for a while.  Right now Kasikorn Bank is offering 0.32% in a 3-month time deposit and 0.40% on a 6-month.   You bank probably offers similar terms.   Maybe break your $50k into staggered maturity dates so that you have a six-month time deposit maturing each month (that is called building a "ladder" ) so that if you have to start living on savings at least you're not incurring early redemption penalties to access your money.  While you are working you can add to each month's renewal amount until each month you have one month's worth of living expenses maturing. 

 

Once your three-to-six months of living expenses are in place in time deposits, for your longer term money I'd suggest going with one of the larger brokerage firms in South Africa, and investing in a broad-based stock index fund, steadily adding more as you're able and not reacting to short term price fluctuations.   I don't know specifically what South African or Global index mutual funds are available, but a larger brokerage house should offer an ample selection. 

 

[bojo]

34 minutes ago, GrandPapillon said:

ETF that are guaranteed with 8% every year??? sounds like a pipe dream, I would like to see that, do you have a name?

Additionally, with such a small investment, any margins could well be offset by the fees me thinks....Possibly never really get off the ground...................2 steps forward and 2 steps back scenario.......

[covidiot]

2 hours ago, AndyAndyAndy said:

You can put it in ETF, where you are guaranteed 8% every year

that doesn't exist.  

 

[irishman25]

6 hours ago, anon7854 said:

With only 50k baht you won't have much luck in getting in some decent returns. Waste of time if you ask me.

I would say save continuously for those number of  years - buy a condo and rent it to tourists.

OH Yes and there is a line around the block waiting to rent 0PPS is this THAILAND. 

[ding]

Precious metals possibly. Try checking out silver coins. I like minted coins that are actual currency and you can travel with them - declaring face value - in case a certain western nation's currency crashes/inflation occurs... bringing others down with it.

 

A bank account will have low interest rates, especially in the US, and your currency will lose value in relation to the cost of living increase/inflation. It's a place to park money for a bit.

 

Then I'd buy gold when I had more saved up. But I wouldn't drag my feet. You need more money and the immediate way to do that is to cut costs, hard.

Edited May 28, 2021 by ding

[ChrisP24]

9 hours ago, Kinnock said:

Listen to the advice of anyone calling themself a 'Financial Advisor' and do the exact opposite.

 

Plus, when doing the opposite, don't even do that through them, as their commission will line their pockets to your detriment.   In finance and in life, no one will take care of your money better than you, and investing in your own financial education will pay the best returns.   

[GrandPapillon]

actually there is a way to invest 50k in Thailand if you have limited options, it's Thai Gold - 24K

 

easy to buy, your wife can wear it on occasion, and it's speculative as the price is disconnected from any other type Gold in the world, not sure if the top is still there at 28,000 per baht, but wait a bit for a 2 year low and buy some for 50k, but don't buy if it is at a 2 year high

[MarleyMarl]

For in Thailand, a mutual fund is not a bad option. Personally I am invested in Krungsri's Dividend Stock Fund (KFSDIV), https://www.krungsriasset.com/EN/FundDetail.aspx?fund=KFSDIV

 

They have paid me a dividend two times this year already.

 

Top Five Sectors (30 Apr 2021)
Energy and Utilities 24.42%
Banking 12.89%
Commerce 9.88%
Information & Communication Technology 7.66%
Transportation & Logistics 6.75%

Top Five Holdings (30 Apr 2021)
PTT Plc. 7.64%
Airport of Thailand Plc. 5.48%
The Siam Cement Plc. 5.32%
CP ALL Plc. 3.95%
PTT Exploration and Production Plc. 3.92%
 

I have many other investments outside Thailand, but for inside Thailand, this has worked out all right for me.

 

 

Edited May 28, 2021 by MarleyMarl
typos

[allanos]

To the OP, you are going to have to sift through a lot of BS in this thread but there are a couple of nuggets in there for you to consider.

 

One thing no one has thought to mention, or ask, is what is your risk tolerance?  This is all-important. Risk and reward are inextricably intertwined.

 

You can find a fixed deposit somewhere that will yield a couple of percent with almost no risk, or a crypto asset with a totally skewed high return, but with a great amount of risk.  Only you can decide on your risk tolerance.

 

With the time horizon you have - 10 years - I would advocate Bitcoin.  The risk is far less than many will tell you, and the potential reward is off the charts. If you buy now, you are buying into a severe dip, which bodes well for the return you are likely to enjoy.  Bitcoin has enjoyed growth of around 200% per annum since inception. With any growth asset such as this, expect extreme volatility, however.

 

Commodities and precious metals are set to perform well. Gold mining stocks have been overlooked, and offer enormous leverage to an increasing gold price.

 

Currently, ZAR/THB is about 0,50, which gives you around ZAR 25k to invest. If you want to look locally in South Africa, Sibanye Stillwater mining (SSW)is a great gold mining stock (in my opinion). It owns mines in South Africa, the United States, and has recently bought into a lithium miner in Finland.

 

Good luck on what you finally decide to do!

 

Btw, as a fellow South African, I have shares in SSW.

[rwill]

On 5/27/2021 at 2:29 AM, GrandPapillon said:

not much I am afraid, and no, don't try Bitcoins and any alternative <deleted> coins ????

 

keep the 50K in cash, that's your best investment at this stage, at least you are not losing money ????

If you keep your money in cash you are losing money.

[rwill]

Investing is a very personal thing.   I wouldn't invest in the Thai stock market personally.

There are brokerage accounts you can open.  If you want to be conservative put your money into an ETF such as SCHD.  It averages around 15% growth per year and pays around 2.7% quarterly dividend.  Of course any stock market product will go up and down in value.  But over the long run they go up.

There is an ETF, QYLD, that pays about 11.5% monthly dividend but your principle does not grow, it stays pretty flat.

But it is up to you to check out your options and find something you are comfortable with.

 

Or put your money into a fixed deposit account in a bank.  But they are currently only paying around .45% interest for a 1 year deposit.

[CharlieH]

Numerous off topic/troll style posts removed.

[Stevemercer]

Invest in your Thai spouse/girlfriend. Give her the money and she will double it in 12 months through various business ventures (about which you don't need to ask any tiresome questions or know any boring details).