livingontheedge wrote:Bangkok good long-term option to invest. But with Indonesia possibly opening up in September, you may want to reconsider - I am for Indonesia in the long term.
Property in Asia is mostly
speculation on hopes for tomorrow. I mean, would you want to be a
property investor in BKK right now? Indonesia has had huge promise for tomorrow for as long as i can recall (c20+ years now), but little has changed.
Investment requires something as sure as possible sure-win. It's already covering the investment costs and producing a healthy return today, and every sign is that it will be tomorrow, and... on. That comes in parallel with solid but less dazzling (promises of) returns.
Like the hare and tortoise the tortoise always wins, and the hare ends up getting skinned. It's counter-intuitive and arguably 'against the the order of an investors nature' [;;].
Like the wisdom behind an arranged marriage, she might not be the sexiest chick on the block, but solid and reliable is best. Trust your 'investment mother' eh? hehe...
- Why are you investing? What will it fund? When? How much income will you need, and for how many years? Will what you're considering today probably hit that target? What is that chosen investments track record? How stable against random or external influences is it? How easily can it be bought and sold, when you wish to (liquidity)? How simple is it to buy and sell (the legal side, plus the frictional costs, lawyers, taxes etc)?
It's easy to get distracted by this years investment fashion and sure-win, it's harder to sit down and consider some of the above points. Anyone who is
investing for their future, rather than gambling on fads, Q.1, perhaps one of the largest considerations a person might ever make, is - Why am I investing, what outcome do I need, and when do I need it? Fact is though thinking that through is waay harder than throwing your money into inappropriate and risky schemes and living in blind hope...