red flags for sure. If the banking system cannot be trusted. Imagine if they decide to nationalize your account one day, pretty scary. High Risk in my opinion.
I don't know, when someone else has your hard earned money under their lock pretty hard to maintain control. That is asking a lot. I surely hope they would understand why someone might be a tad bit upset. 🤷🏾♂️
baht per month. Banks have numerous ways to make money. Ask J.P. Morgan. Deposits are a fraction, ofthe value of banks. Capital Market activities are were banks make money and deposits help margin security, as they leverage fractional reserves. The banking part is a necessary evil of the full banking house. It all goes together.
Okay, this is good. 3 to 4 inflation accounted is exactly what a wealth manager would advise you for. You've done your homework. I'll be retiring early, but I have retirement health care until I get to Medicare age. That's all I was looking for is the health insurance, that's a lot of money if I had to buy on the street.
What will you do for health insurance? Are you concerned about loss of missed compound investment growth with inflation adjustment. In Thailand,in theory you don't have the access to work. You are in your prime income years, but I also get it, cut your expenses and live life with what you got.
I got you. It's passive to you. Makes sense as part of your normal spending. I'm probably too absent minded to keep up. 🤣🤣. Gosh, I got accounts all over the place I can't keep up with. 🤣. My plan would just take one of those accounts over to Thailand. I'm an idiot for not keeping in a money market account. I been more focused on my actual investment accounts.