Comments on: Emerging Markets Diversity – Thai Stocks for Profits

By: Ben

Ben — Tue, 05 Jun 2012 09:23:36 +0000

Good to see Thai Stocks discussed,
My view smaller Thai stocks are safer, in any slump big institutions will sell these quickly, they are prevented by the mandates from investing in small stocks
Also Thailand a much better place for long term investing , politics aside , than the sclerotic developed countries with their legacy pension, medical and other social costs – about to hit them hard as the baby boomers retire
As you can see from Europe there is little appetite to curb this sort of spending
Outsourcing revolution is only getting started, will affect developed countries a lot more in the future
Regarding Thai Stocks
I use https://www.thaistocks.com for information
A much under appreciated site
Ben

By: Money Infant

Money Infant — Thu, 05 Apr 2012 04:24:23 +0000

I’m still in the research process, but TTW is one that is definitely on my radar. I also like MBK, SIRI and EGCO for long term dividends.

By: Money Infant

Money Infant — Thu, 05 Apr 2012 04:21:35 +0000

10k a month for 20 years should give you enough to buy some of the Thai universities! Last I checked tuition for Thai citizens is pretty darn reasonable. Of course, the degree isn’t useful anywhere except Thailand 😛

If you are planning on using it for a college outside Thailand be careful with the funding of your stock holdings here. You need to have a clear trail showing the money came from outside Thailand if you want to repatriate it at some point. We’ve set up a separate account specifically for transferring investment money into Thailand so there is no question where the money came from when it is time to repatriate.

By: Money Infant

Money Infant — Thu, 05 Apr 2012 04:17:23 +0000

Hi Gary,

We haven’t jumped into investing in individual Thai shares yet so I can’t comment on the reporting requirements or the online trading. Rest assured once we do jump in I’ll write it up here!

That’s a great yield and return on the TTF!

By: Gary

Gary — Wed, 04 Apr 2012 16:40:49 +0000

Great site. We’re looking at retiring to Thailand in about 3 years, and I’m interested in moving some of my investments into the SET as a currency hedge. How onerous are the US tax reporting requirements under the new laws? Can it all be done online or do you have to mail your reports to the US? Is it easy to trade online with Thai brokerages? I’d be interested in reading more on this subject.

I bought a few hundred shares of TTF (a closed end fund invested in Thailand) about 10 years ago. I wish I’d bought a lot more! Up 225% over the decade and yielding 3.3%/year.

By: JerDon and Sara Gibbs

JerDon and Sara Gibbs — Wed, 04 Apr 2012 01:56:12 +0000

WOW I keep leaving details out, that’s 10,000 baht a month for twenty years!

By: JerDon and Sara Gibbs

JerDon and Sara Gibbs — Wed, 04 Apr 2012 01:52:51 +0000

Oh sorry, forgot to mention we do live in Thailand and I used to own stocks that I always used, like Walmart. So I’m sorta/kinda a believer in perhaps buying into stocks that I use regulary.
Jer

By: JerDon and Sara Gibbs

JerDon and Sara Gibbs — Wed, 04 Apr 2012 00:44:32 +0000

Hi Steve
Great site you have here, just found you early this morning.
I’m from US and wanting to start investing for our 3 yr old Thia daughter.

10,000 baht dollar cost averaging for next 20 years, and always reinvesting the dividends.

Was thinking of
Thai Tap Water Supply TTW:TB
Detac

What are your thoughts on some great long term stocks at the moment?
Do you know better ones?

Thxs
Jer

By: Money Infant

Money Infant — Thu, 08 Mar 2012 03:32:24 +0000

Thanks for the great addition to the original article Bruce. I think that most people living outside Asia are pretty unaware of the investment options available in this part of the world.

By: Bruce

Bruce — Thu, 08 Mar 2012 02:31:09 +0000

Good article. Thai investments are definitely worth considering.

For those living there: I get concerned when I see people encouraging novice investors (often with their money sitting in a bank account to that point) to start direct trading Thai shares. For those ppl, an investment in a Thai ETF is usually a better way to go because of the risk of taking a hit.

There are also some great Thai mutual funds and (despite a common perception otherwise) the fees compare favourably with other countries – see
https://corporate.morningstar.com/us/documents/MethodologyDocuments/ResearchPapers/GlobalFundInvestorExperience.pdf (refer in particular to page 43 and pages 133-137).

Further, if you are actually working in Thailand then you really should investigate the tax benefits of Long-term Funds (LTF).

For those living elsewhere: The THD option you mention is good for some people. Others might benefit from investing in a well-chosen mutual fund/s offering Thai exposure as part of a bundle of Asian assets.

Readers interested in delving deeper into the world of Thai investments might be interested in my book “Your Investment Guide to Thailand” available via amazon.com