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#1
09-05-2008, 11:16
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$150000 USD, what to do with it?
Does anyone know a good place to put an amount of money like this? Were i could make some monthly income off of?
I wonder if there is any sucessful bars or businesses that i could buy out a share of or if there is a partner that wants a buy-out. I dont think thair is much i can do to turn a decent income off of but if sombody has any ideas then i would like to hear them. 
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#2
09-05-2008, 11:26
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You want in on a bar..
Easy.. bring the cash 
__________________
Men have only 2 emotional states, hungry and horny.. So ladies, if you see me without an erection, make me a sandwich.
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#3
09-05-2008, 11:42
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The only way i would get into the bars is if i could buy out a parter in a sucsessfull bar. i know there is a group of brits that own a few bars in pattaya. I think they own the Hot Tuna franchise. I basically want to make money doing nothing or as little as possible. Maybe renting out a condo or some shite. I was more thinking along the line of some bank investment idea
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#4
09-05-2008, 13:15
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'Money for nothing and chicks for free' .... Hummm Oh Yeahhhhhh ... If Only !! Get your application into American Idol 
__________________
Its My Life ..........!
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#5
09-05-2008, 14:07
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All I can say is 'you reap what you sew'.....I think almost everyone would like to put their money out there and do little or nothing for a nice return. Any investment over here is not a 'safe' investment. Very easy to blow that amount of cash in a short time. I think it's much more difficult to make money here than in the Western World.
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#6
09-05-2008, 14:24
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Best way to become a Thai millionaire- start off as a Thai billionaire! No such thing as an easy buck- if there were we'd all be rich. With the competition amongst bars and restaurants out here no way is it a wise investment.
__________________
That's it- headed for the hills to find a big stick. Back in 4 weeks 
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#7
09-05-2008, 15:01
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Property is a good bet.
Try and locate an upcoming suburb which will let you buy in for cheap, you rent it out. In 5 years your going to be singing a different tune. 2-3 Mid range condo's looks like a better deal than one flash upmarket one. Remember what they say about having all yours eggs in the same basket  If all this is too much of a hassle, just give me the money, I will try and double it for you :p :p :p
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#8
09-05-2008, 15:56
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I'll hold on to for you,just leave it in a brown paper bag in the bin outside gonzo bar 7-00pm tues 2nd june and i will promise you huge returns,
__________________
i love wales for its climate ,its ladies and the exotic food 
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#9
09-05-2008, 16:21
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You're young. Get out of that bum fcuk town you live in and move to Vancouver. Open a deli or a pizza shop and build a business. If it's successful hire some good workers to help run it. Maybe a #2 shop, etc. Sell it for a nice nest egg when you are ready to move on.
__________________
i'm lost my mobile, lady boy take my mobile. i can't connect u
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#10
09-05-2008, 18:08
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Small amount
Tha is a fairly small amount of money (75K Sterling roughly) and even in a high interest bank account you could not live off it.
 Entering the bar trade out here would demolish that amount in next to no time.
__________________
 If you can't take a joke you shouldn't have joined up!!! 
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#12
09-05-2008, 20:04
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Or buy lots of new computers and sell them after 1 year  No but seriously, buy a couple of houses and rent them out...
__________________
You don´t know how it is, before you´ve tried it 
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#13
09-05-2008, 21:09
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...
If you are asking for someone who has actually faced this, er, problem, let me offer:
(1) Put it in a brokerage account of your choosing. I chose Wells Fargo, told them the risk I was willing to accept, and watched the numbers online. Be forewarned that the vig is not trivial but once it is recovered all is good. And now is the time to buy... I read... since we are at the bottom of the current correction. (2) Keep your eyes open for opportunities. I chose oil as detailed elsewhere on the board. Before giving anyone any money have an attorney set things up. You might even want to form an LLC for "investments." (3) Whatever you do, forget about the money. In ten years it will have grown. If you were to, for instance, buy a bunch of toys with it now these will all have been reduced to rubble by that time. This is the hardest part. My .75 baht.
__________________
Non illegitimi carborundum est. - Don't let the bastards grind you down.
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#17
10-05-2008, 06:08
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Petty cash tin. Do you have this cash, or is this thread a hypothetical question for you?
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#18
10-05-2008, 06:18
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Now THAT young man is the best advice you will ever hear. Dont think about it, just go and do it.
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#19
10-05-2008, 09:17
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Buy shares in a Katoey club in NEP.... right up yr street that !!!
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#23
10-05-2008, 09:53
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You brits and your sterling. I know it aint allot of money in the investment world so that is why im asking the question. I wouldnt ask what to do with 5000000. Im not gonna get into bars.
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#24
10-05-2008, 10:01
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I wouldnt ask it if its hypothetical. Its a middle of the road amount. Not enough to make easy money but too much to pis$ into the wind. Thats why im asking.
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#25
10-05-2008, 13:50
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I'd use it to hire Brat Pitt, Julia Roberts, George Clooney etc and nine others probably.............to go to Holland and....................... etc etc
Why did they use film stars to rob a bank? Tch!
__________________
The idea is to die young.........as late as possible.
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