Tootsfriend wrote: ↑Fri Feb 16, 2024 3:41 pm If I had money, I'd invest it all in a Bar. You could make heaps of $$$$ selling ;50 c beers to cheap charlie e-xpats. My second choice of investing money in Cambodia would be to have a Hair Dressing and Beauty Saloon . Again , lots of money to be made putting paint on sexy girls nails and faces.

khmerhamster wrote: ↑Fri Feb 16, 2024 2:51 pm

Roryborealis wrote: ↑Fri Feb 16, 2024 12:23 pm

khmerhamster wrote: ↑Fri Feb 16, 2024 11:22 am

Roryborealis wrote: ↑Fri Feb 16, 2024 8:06 am

ressl wrote: ↑Fri Feb 16, 2024 7:36 am Interesting question. For $200k with a proper interest rate, you can have a very relaxed life here on the interest itself. The problem I see is in the lack of safety mechanisms, so if the Bank or whatever blows up, your money vaporizes as well. Therefore you would need to split up very carefully. However the question remains, if one blows up, is the interest return of the remaining ones high enough to cover this loss in a reasonable amount of time.
Personally I am very conservative when it comes to money and would never, ever go into real estate. But since this bubble has just bursted, this isn't a topic for most any longer anyway.

Splitting up the money too much (or in the wrong way) can dilute the potential for overall compound interest.

Huh? No it won’t. If it you get a guaranteed return rate, having it in one bank or split over 5 banks the return and compound interest will be the same.
$1000 for 10 years at 6% compounded returns £1790 (minus tax)
Five sets of $200 for 10 years at 6% compounded returns $358 each (minus tax)

$358 times 5 is $1790

It’s the same final total, but spreading the risk makes more sense.

I was not assuming a guaranteed rate of return.
I was referring more to equities and index funds with returns that vary annually.
There are opportunity costs to be factored in, and I wasn't making the same assumptions.
And by "wrong way," I meant choosing banks that are not insured in case of risk.
Losing even one chunk of your "split" corpus could change the math.

Yes and if you keep as one lump sum and invest it and lose one chunk - you've lost it all.

Roryborealis wrote: ↑Fri Feb 16, 2024 12:23 pm
And by "wrong way," I meant choosing banks that are not insured in case of risk.

Kammekor wrote: ↑Sun Feb 18, 2024 3:10 pm

Roryborealis wrote: ↑Fri Feb 16, 2024 12:23 pm
And by "wrong way," I meant choosing banks that are not insured in case of risk.

Please note no financial institution in Cambodia has a deposit guarantee scheme.

Zyzz wrote: ↑Sun Feb 18, 2024 5:13 pm

Kammekor wrote: ↑Sun Feb 18, 2024 3:10 pm

Roryborealis wrote: ↑Fri Feb 16, 2024 12:23 pm
And by "wrong way," I meant choosing banks that are not insured in case of risk.

Please note no financial institution in Cambodia has a deposit guarantee scheme.

I read acleda has a blanket insurance for clients deposits safety. But didnt see many details on what exactly that does or protects. Maybe someone else knows more about this.

Zyzz wrote: ↑Sun Feb 18, 2024 5:13 pm

Kammekor wrote: ↑Sun Feb 18, 2024 3:10 pm

Roryborealis wrote: ↑Fri Feb 16, 2024 12:23 pm
And by "wrong way," I meant choosing banks that are not insured in case of risk.

Please note no financial institution in Cambodia has a deposit guarantee scheme.

I read acleda has a blanket insurance for clients deposits safety. But didnt see many details on what exactly that does or protects. Maybe someone else knows more about this.