How would you invest?
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Grand Barong
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How would you invest?
How would you invest $100k or $200k in KOW for cash flow? Bank term deposit? or something else?
Re: How would you invest?
Buy 100 cows and find 100 girls/boys to take care them. In Some years you have a lot of cow for sell.
Re: How would you invest?
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.
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.
Driving on Cambodian roads is just like playing a classic arcade top scroller. The only difference is a force feedback controller, the limitation to only one life and the inability to restart, once Game Over
Re: How would you invest?
I heard that argument in 2014 when I stuck money in AMK, ACLEDA and Prasac. "What if the banking sector collapses!" etc.
If that did happen then no matter where your money was in Cambodia you would have lost it.
Personally I would buy some land in Kampot or SHV or secondry stick it in ABA 6% account. $200k would be about $880 per month.
If that did happen then no matter where your money was in Cambodia you would have lost it.
Personally I would buy some land in Kampot or SHV or secondry stick it in ABA 6% account. $200k would be about $880 per month.
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Roryborealis
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Re: How would you invest?
Splitting up the money too much (or in the wrong way) can dilute the potential for overall compound interest.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.
Re: How would you invest?
I am horrible w/ this stuff but had a question. If I understand correctly, if you invested 200k, you can withdraw $880 per month and wont lose anything on the principal?YaTingPom wrote: ↑Fri Feb 16, 2024 7:44 am I heard that argument in 2014 when I stuck money in AMK, ACLEDA and Prasac. "What if the banking sector collapses!" etc.
If that did happen then no matter where your money was in Cambodia you would have lost it.
Personally I would buy some land in Kampot or SHV or secondry stick it in ABA 6% account. $200k would be about $880 per month.
Manhattan keeps on making it, Brooklyn keeps on taking it
Re: How would you invest?
With interest rates now, bank term deposit.
Re: How would you invest?
If you had $200k at 6% PA (ABA) you will get $1000 per month less tax, around $880 per month, and either withdraw it monthly or let it add to your principle.BklynBoy wrote: ↑Fri Feb 16, 2024 8:10 amI am horrible w/ this stuff but had a question. If I understand correctly, if you invested 200k, you can withdraw $880 per month and wont lose anything on the principal?YaTingPom wrote: ↑Fri Feb 16, 2024 7:44 am I heard that argument in 2014 when I stuck money in AMK, ACLEDA and Prasac. "What if the banking sector collapses!" etc.
If that did happen then no matter where your money was in Cambodia you would have lost it.
Personally I would buy some land in Kampot or SHV or secondry stick it in ABA 6% account. $200k would be about $880 per month.
Re: How would you invest?
The fact it didn't happen since 2014 doesn't mean it won't happen. The problem is the likeliness of it happening is very hard to quantify, but if it happened and someone's life savings would be in there the effects would be devastating.
How is land going to generate a a cashflow?
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