Jump to content

Support our Sponsors >> Thai Friendly | Pattaya News | Pattaya Unplugged | The Night Wish Group | Thailand 24/7 Forum | La La Land bar | NEW PA website | Subscribe to The Pattaya News | | Pattaya Investigations | Add your Text or Event here

IGNORED

News Forum


HappyGuy99
 Share

Recommended Posts

With the stock markets crashing and Pound and Doller losing value;

How is this going to effect Pattaya;

Guys out in Pattaya drawing Pensions that are losing value day by day;

Intrest rates not paying much cash up;

Tourist facing higher air fairs and may be losing their jobs;

2008 IS LOOKING PRETTY DISMAL;

 

Anyone have good back up plans they wish to share? Other than finding your self a Rich lady;

 

:D

 

 

:D

 

:D

 

Its looking like its knackered my plans on retiring out in Pattaya

Link to comment
Share on other sites

Go in to debt recovery and the funeral business

Link to comment
Share on other sites

Falling stock values makes for attractive buys, and devalued currency makes for strong export orders which improves those values. No need to panic just yet!

'Fools rush in where angels fear to tread' - TiT

Link to comment
Share on other sites

Dollar has dropped 40%..Pound not too far behind..The Baht is as strong as ever but for how long?

No place on the Planet like Pattaya..Don't let your meat loaf

Link to comment
Share on other sites

Well, being in the Financial Industry and having a number of clients who I am managing their money:

 

 

 

1. More time I spend during my 2nd trip in Thailand, the less I'll be at the office worrying about my clients accts.

 

2. Yes, my funds are going down, but too are my clients and they have way more money than I have so they've lost more than me! !

 

3. Althought the USD has been falling, it has been a good thing because....

instead of my old college buddies heading back out to Europe on their bi-annual Euro trip...they'll be coming to Thailand in November this year.

so that means more than 1 Thailand trip for me this year!

 

4. I'm going to tell my Thail girlfriends that due to the recession, I'll be needing a discount/price break...

..I'm quite sure they'll be more than willing to lower rates ! ! !

 

 

Aki

Link to comment
Share on other sites

I do think once there is a change of goverment in USA an UK things may start to improve,

Hopfuly;

 

 

:Evil_Grin2:

Link to comment
Share on other sites

If things really get that bad, some of you could consider pimping yourself out on Walking Street later on at night with the rest of the lady boys.

 

 

...a really good survey would be: if you could move and live in Thailand from now on, but you had to work on Walking Street 1 day a month? would you do it?

 

 

 

Aki

Link to comment
Share on other sites

4. I'm going to tell my Thail girlfriends that due to the recession, I'll be needing a discount/price break...

..I'm quite sure they'll be more than willing to lower rates ! ! !

 

 

Aki

I'd like to see you explain that to them... :Evil_Grin2:

 

Yes it looks pretty bleak for the US economy this year and that is affecting many other countries. Just remember you only lose money if you sell for less than you bought. If your in it long term then now looks like a good time to buy.

Pattaya Photos Free newbie guide to Pattaya How to get a TG a tourist visa for Australia Pattaya Weather


My moto for 2017: Don't argue with an idiot. Don't argue with.....

Link to comment
Share on other sites

This is something I am interested in because last year my contract paid me in Pounds but when I was extended for one more year the company I work for insisted that I be paid in Norwegian Krone...I wonder if I will gain??....Pay day tomorrow!! :Evil_Grin2:

Link to comment
Share on other sites

In September I noted gold had hit $666 an oz! Easy number to remember and today it hit $914! Almost 40% increase in 4 months.Going to effect all those suckers who take their TGs to the gold shop after knowing them only day or two :LMAO1:

Link to comment
Share on other sites

The capitalist system runs on the up and down cycle hopefully this bust will be quick and not like the one in the nineties.

 

But if you have bi to let sell up quickly as people struggling to pay there mortgages will opt to rent out there properties rather than go bust, this will bringing down rental income

 

And as jobs disappear so will immigrant labour, vacating rental properties as they go

Link to comment
Share on other sites

if you,ve got shares don,t panic and ride it out,always work for me.

Link to comment
Share on other sites

I expect things to get a lot worse in 2008 before they get better as markets are irrational and tend to swing too far in one direction before they correct themselves.

 

This bull run has being running since mid 2003 and ran out of legs early on last year. No bull run lasts forever and all my funds have been sitting as cash, gathering dust (and interest) for all of last year.

 

Keep on selling boys!

thepattayafun.com...because mongering is supposed to be fun

 

We may not like what you say, but we will defend to the death your right to say it...

 

Moderation in moderation!

Link to comment
Share on other sites

I'm way ahead this year because:

 

1. I've been buying gold for the last 3 years and some of the coins that I paid $700 US for I can now sell for $1700, not that I intend to sell them.

 

2. This trip I bought a Baht of gold necklace the first week I was here, and one every week for the past 4 weeks. By the 4th week, I could sell the first necklace for 700 more Baht than I paid...I'm holding it, of course for my next trip, when Gold should top 20000B or MORE.

 

3. A couple of months ago, I bought a short fund on Rydex funds, rydexfunds.com and now it's up over 20% so I'm happy with that. When I bought it, the Dow went UP, and I lost and now that it's dropping, I'm winning... It's something I did for safety to preserve capital.

 

4. My gold mining stocks and an Oil fund I invested in VGENX are up but not as much as Gold is up...

 

5. My other losing stocks I'm hanging on to for the turnaround which will come in a year or so, maybe two, but I'm patient.

 

I think the main thing is to know that you play the market down through these funds as well as playing it up through funds.

 

I'm going to buy a short China fund today, because I think that market is going to tank to some degree..

 

All the best,

 

jH

Link to comment
Share on other sites

TO add to the above post, it looks like I'll make 3.6% on my money today in the Dow short fund X2!

 

If today's totals hold...

 

All the best,

 

jH

Link to comment
Share on other sites

Make that 4.92% in one day.

 

Of course I could lose that in one day, too. But that is not likely with the current financial situation. It looks like this is going to be a LONG downward run.

 

All the best,

 

jH

Link to comment
Share on other sites

Thanks J H,

You seem to know what your doing;

Hope your investments work out for you:

 

I am looking to take early retirement in the back end of 2009;

I am just wondering how this downward turn is going to effect my pension?

I am also wondering if i have left selling my house to late?

Trying to gear upto my move to Thai:

Any help and guidence appreciated:

 

:)

Link to comment
Share on other sites

I am not an expert, but have spent some time day trading. I worry the US economy is heading for a major, that it cataclysmic collapse. The level of debt in the country as a whole, the policies of current administration (not millions, not billions, but trillions of dollars spent on Iraq war alone) are taking their toll. The level of individual debt is mind boggling. It appears the "smartest guys in the room" have taken everyone for about as much as they can. There is not much left. But hey I could be wrong. :Drink4:

Link to comment
Share on other sites

Today (Tues 22 Jan 08)

Markets still on the downward trend;

 

:Good_Post:

Link to comment
Share on other sites

Today (Tues 22 Jan 08)

Markets still on the downward trend;

 

:CatDance1:

us cut interest rates today should be good for the pound.i think the us will do anything in there power to stop a bear market.

Link to comment
Share on other sites

same think ...people sells and increase the sellers...

so wait ( if you don't need money ) and one day market will get back up !!!

and ws will shine!!

Link to comment
Share on other sites

I believe the EURO is holding its own at the moment is this true?????????????????????

ARE YOU GOING TO BARK ALL DAY LITTLE DOGGY OR ARE YOU GOING TO BITE

 

 

Countdown Clocks

Link to comment
Share on other sites

i think the price of oil came down atouch i think the markets would get a bit of a boost and help the rest of the world markets.

Link to comment
Share on other sites

I do think once there is a change of goverment in USA an UK things may start to improve,

Hopfuly;

 

 

:)

 

Don't bet your house on it! If you know anything about (American) politics; things may apear shiney and new but peel away the first layer of the onion and your eyes may begin to water just like they did with the last one! Remember, even the best roller costers has some "dull" moments and most have a big finale so, party on :D and don't worry be happy :D .

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share



  • COVID-19

    Any posts or topics which the moderation team deems to be rumours/speculatiom, conspiracy theory, scaremongering, deliberately misleading or has been posted to deliberately distort information will be removed - as will BMs repeatedly doing so. Existing rules also apply.

  • Advertise on Pattaya Addicts
  • Recently Browsing

    • No registered users viewing this page.
  • Our picks

    • For those that don't know, I did Friday meetings before many years ago,  I feel like we are missing a regular meeting for members,  I am aware guys meet at PA affiliated bars. But I want to start meeting people again, I'm inviting the guys following my YouTube also.

      The meetings is a chance to get to meet each other,  I plan to be at every meeting, I also have Dean from Dive bar that has offered to help out with a crawl after.
      The meetings will be  Monday  6 pm - 8 pm each week.  (The improvised bar crawl will commence at 8 p.m.  Dean will make his own plans for that.)

      Due to low numbers of people in town, I will start the meetings in our bars to help our girls and managers, please check back often incase things are changed.  I will be sharing the love around town later, but Soi 6 is first on my list (including bars that are friendly competition)   
      If bar owners want us to have a meeting at their bar,  they need to have a minimum of 10 girls.  I'm not dragging people to empty bars for favours.
      Please help us invite other members, it takes a while to get momentum.
      Monday 6 pm - 8pm  (then bar crawl after)
      21st March - Playpen Soi 6
      28th March - Night wish bar Soi 6
      4th April - Toy Box bar Soi 6
      11th April - Repent Soi 6
      18th April - where angels play Soi 6
      25th April -  (next bar we have open)

      2nd May - (next bar we have open)
      9th May - Cooters bar soi 6 
      16th May - Hot shots bar Soi 6
      23rd May - (next bar we have open)
      30th of May - Lust soi 6 
      6th of June - Illuzion
      13th of June - (next bar we have open)

      I look forward to meeting people again.
      • 90 replies
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.