Seeking Financial Investment Advice
Hey everyone,
I am looking into investing a few million Baht. Aside from real estate investment, what are other options in Thailand. Can someone recommend worthwhile investment schemes in banks or other reputable, safe institutions in Bangkok? I am looking at investment periods of 1 year or more. The investment should be on the safe side with less risks involved.
Thanks a lot.
TLDR : Answer Summary
The discussion revolves around safe investment strategies in Thailand for a significant amount (a few million Baht), exploring options beyond real estate. Participants advise caution, emphasizing the need to be wary of unlicensed financial advisors. Suggested alternatives include offshore bank accounts, Thai stocks, bonds, and the importance of seeking established financial institutions, like Bangkok Bank or Kiatnakin Phatra, known for promoting wealth management. Many recommend considering investments in one's home country for better security, as well as exploring high-interest options like treasury bills. A few comments mention potential high returns from fixed-term investments or corporate bonds, but caution against the inherent risks of investing in a foreign market.