[Hoonzilla Posts: 99]

Turnip

Which is closer for you Phuket or Had Yai?

[Turnip Posts: 10]

Stop Loss

This time I received a notification. There is probably some method in the madness.

It would be an improvement if the email notification had a clickable link for the url. It currently appears as simply a text string.

[Surfsalot Posts: 52]

Turnip

If you click on the my profile link in the sidebar to the left you can check your subscriptions.  Or you can click on your avatar.  Once in your profile page you will see the link for subscriptions on the left.

[Turnip Posts: 10]

Hoonzilla.

Phuket would be better.

 

Any chance of making these forums a little more hierarchical?

 

There is also a load of wasted webpage real estate.

[Shina Posts: 3]

Hi Hoonzilla

I got your PM.   Thank you for the suggestion.   I thought I PMed you back.   Applogies if I did not.

Thanks also to the welcoming committee.   🙂

I am off home for the next 1 month so I will be a bit quiet for a while.  I will post again when I return to LOS

[Hoonzilla Posts: 99]

Shina

Keep in mind that once you get your trading account set up you can watch your investments and trade online even if you are staying outside of Thailand.

Have a safe trip across the pond.

You are welcome to post here anytime, whether you are here in LOS or not.

 

[Hoonzilla Posts: 99]

Turnip

I have sent you a PM.

[Hoonzilla Posts: 99]

Turnip and Shina

How did you get on with your broker?

[simon43 Posts: 4]

I work in Myanmar, but have a family base in Thailand.  Since I get no interest on any savings that I make with Myanmar banks, and either zero or miniscule interest with Thai banks, I want to invest in some ‘acceptable’ risk Thai shares, that will hopefully give me a reasonable (5%?) annual return on my investment.

When I was in Bangkok in early January, I visited Bangkok Bank HQ (Silom Road).  Although I have an account with them for more than 15 years, their customer service is pathetic, ill-informed etc.

So I wandered down Silom Road to attend an appointment that I had made with KTZ Micro Securities, a well-established and respected broker that is partnered with Krung Thai Bank.

Wow!  The welcome and service that I got from these guys puts Bangkok Bank to shame.  They carefully explained (in good English), all about their company, fees, processes etc etc.

Even though I only had 56 baht in my pocket (I hadn’t yet visited the ATM), they helped me to complete all the application forms, including setting up an online/mobile trading account so that I would be able to trade while I’m in Myanmar.

We discussed the best strategy for me to get my hard-earned cash from Myanmar to their trading account (legally). The solution is simple, in that I can hand-carry USD when I make a visa run to Bangkok every 70 days.  I can change my USD into THB at a Superrich money exchnage (usually the best rates), and then deposit into my Bangkok Bank account via an ADM.  Then I just send it to KT’s Bangkok Bank account using the ATM.  Finally, I can go online from anywhere to use those deposited funds to buy into Thai shares or ETFs.

The trading commission is very low, and apparently because I am neither Thai nor living in Thailand, their is no tax to pay on any profit or transaction.

This all sounds good, and when I’m in Bangkok during the month of April, I’ll test out my proposed strategy and invest in some ETFs or Thai shares that have a good history of performance.

 

(In that respect, I welcome suggestions from more experienced members about which shares or Thai ETFs to invest in as a balanced portfolio with medium risk.

[Turnip Posts: 10]

HZ,

I am still waiting for BBL in Bangkok to get off their collective bottoms and get my account sorted.

[Bulldozer Dawn Posts: 22]

Hey Simon

You mentioned that you are interested in trading gold.

An easy way for you to do that would be to use the bullion ETFs listed on the SET.

There are 2: GLD and TGOLDETF.

GLD has better intra day liquidity (trading volumes) and so should provide you with less risk.

You have probably already read this article but here is a link anyway:

Guide to Exchange Traded Funds in Thailand

Take care to read the paragraph about risk and liquidity.

 

[Bulldozer Dawn Posts: 22]

Simon

Please also note that there is no reason why you can’t log in to you Thai broker’s trading platform while you are in Mynamar and buy and sell online.  You don’t have to be located in Thailand to log in and place trades.

[Stop Loss Posts: 19]

Yep.

I have logged in and traded from Jakarta and Bali.

[Stop Loss Posts: 19]

Sorry…I assume you have the internet in Burma? 😳

[Thai SharesAdmin Posts: 10]

Turnip and Simon

Don’t forget to follow us on Twitter as well:

@ThaiShares

We often Tweet stuff intraday as we have a growing following and it is a quick and effective way to get some info out.

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