@Gregory ******

i understand, and fair enough. Peoples situations are obviously different. If the markets went down 20 % I would go about my day as normal. Continue to live off my monthly income. Maybe cash out less than 4% of the investments that year, though not really necessary.

20-30% corrections are to be expected. And id rather weather that than risking substantial amounts in a single currency.

Look up the concept of FIRE.

@Gregory ******

that is why you invest i a worldwide index fund. Not individual countries or companies. The risk is higher that a single currency currency hyperinflate than all world markets collapse at the same time 🤷🏻‍♂️

Besides markets typically rebound. Currencies typically don’t when they collapse.

Anyway, people can obviously do whatever they want. And personally I have a higher risk tolerance, so I don’t keep it all on a worldwide index fund.

@Patrick *******

don’t have the name at hand, but was close to Vimut Hospital (Bangkok Bank)

@Pete ******

indeed. And seems like people have never hears of double tax treaties. There is allot of storm about nothing with this tax hysteria

@Max *******

there’s some recent changes, and DTV apparently now being recognized as a long term visa by some banks. Very recent changes apparently

Yeah I also did it easily in Bangkok with DTV and a medical certificate .

Just be aware that if you have to do something other than simple stuff you need to go back to the branch you opened the account with. And outside CM you are subject to the ATM withdrawal fee just like with a foreign card.

@Dan **********

no re-entry permit needed with DTV. Its a multiple entry visa. Re-entry is “built in”. And with re-entry you get a fresh 180 day stamp, “resetting the clock”

Anonymous participant this BTC cycle barely began 😉 Monero isnt doing well coz governments are cracking down on privacy coins. Even kraken now delisted monero for europe.

Right now in my humble opinion BTC and SOL are the safest bets. SOL is this cycles star. If you want to gamble get some moodeng coin haha. (I have some for fun)

For the next year or so we’re heading up. If trump win we may head up quite fast next few months. If Kamala wins, expect a small dump before the big climb starts.

@Tony ********

and when you cash out to a Thai Bank account from for example Bitkub, even with small withdrawals like 30k baht they send a tax report pdf to Thai tax authorities (and you) . If no thai Tax ID they use passport ID.

Anonymous participant not 100% obviously. In keep maybe 3-4 month expenses in bank. 1-2 month + emergency fund. Depends how liquid/how fast you can cash out investments and if you have income. With stable income, leas on bank is needed.

And definitely not individual stocks, that rarely work out well for “normals”. Index funds are safer. I like all world ETF. But personally I made my retirement in BTC.