Million dollars net worth in Thailand

**Thinkingofachange** · 2nd October 2012 18:45

Originally Posted by MDJase

Much simpler than putting in a mix of corporate and municipal bonds.

But--as you've already experienced--less reliable.

And, paully, are you suggestion $1 million isn't enough to retire on?

**paully** · 2nd October 2012 18:56

Originally Posted by Thinkingofachange

are you suggestion $1 million isn't enough to retire on?

Well the OP's already admitted he's likely to fritter a wedge of it away in bars, TOAC, and he does have a fair few years to wile away..
Somehow I think that the $1 mill in capital will be tapped into - early and regularly afterwards. Thailand's not the place to top up your capital funds.

**jonny danger** · 2nd October 2012 20:38

Originally Posted by paully

Thailand's not the place to top up your capital funds.

But Pattaya is a great place to top yourself .. just sayin

**paully** · 2nd October 2012 20:40

^ Yes, got to watch out for those Pattaya balconies. Farang are fairly flying off them.

**jonny danger** · 2nd October 2012 20:43

I tried it once. Not my cup of tea.

**Thinkingofachange** · 3rd October 2012 06:09

Originally Posted by paully

Well the OP's already admitted he's likely to fritter a wedge of it away in bars, TOAC, and he does have a fair few years to wile away..
Somehow I think that the $1 mill in capital will be tapped into - early and regularly afterwards. Thailand's not the place to top up your capital funds.

I struggle to spend more than $3k/mo. in NYC, let alone in Thailand. I guess if you play with the bar girls it's possible. Especially if you're really gullible and/or stupid. I'd assume neither is true of someone who acquired $1m by 38, though.

I really don't know what I'd do with $1 million--really hard to even imagine it.

**buddahas** · 3rd October 2012 06:15

Don't beat yourself over it. Probably an inheritance.

**Thinkingofachange** · 3rd October 2012 06:33

I don't mind--some people have more money than others. It's life.

**tomcat** · 3rd October 2012 07:00

Originally Posted by Thinkingofachange

I struggle to spend more than $3k/mo. in NYC

...next area of struggle: 3 meals a day and a larger cardboard box: aim for the sky!...

**Thinkingofachange** · 3rd October 2012 07:04

Originally Posted by tomcat

a larger cardboard box

There are some cardboard boxes bigger than my apartment.

**Chang** · 3rd October 2012 08:32

Whatever the OP does with his time, I would strongly advise against anything that requires any substantial capital investment here.

The Thai Baht is a weak currency and with the current concerns over Thailand's banking system there is more chance of an unpleasant devaluation that for many years.

A million Dollars can become seven hundred thousand very quickly without spending anything at all.

**tomcat** · 3rd October 2012 08:37

Originally Posted by Chang

I would strongly advise against anything that requires any substantial capital investment here

...of course: only investment income is transferred here, not the investments themselves...

**Dr. Dre** · 3rd October 2012 09:15

Invest all your millions in the local sick buffalo farms, or give it to some Thai woman to take care of

Either way, your millions will be down to pennies,

Then you'll have nothing, and you will ask for help for money for a flight home via a Forum, then get home and feel bitter and twisted about Thailand, and then sit in front of a computer posting on a Thai teaching based Forum, when you aren't in Thailand and you aren't even a teacher

Sounds a bit like a few posters already

**jonny danger** · 3rd October 2012 09:25

Or you might start a website. When it sputters and fails you can go clinging to your wreckage and do your best to sink the mother ship .. as a little girl would do. And if you're gay try a little sublimation by naming yourself after Black rappers. Works every time.