Tourist or resident ?

[yellowking]

Then there are people like me who trade in many currencies.

I trade forex for clients from around the world. My forex trading is in Euros because currently it is one of the worlds most stable currencies. If I see that changing I can change my trading currency.

However my clients send me money in their own currencies whatever I earn and take to thailand with me has to be converted into baht.

90%of people are no longer insular in their country of residence worldwide exchange rates affect us all from the food we eat to the cars we drive.

I for one welcome the discussions on rates and am not pompous enough to say if you live in Thailand you shouldn't be concerned with your country of birth or it's finances

[Spitfire]

I have to agree with SJ here, it's blindingly obvious why the exchange rate is important, it's almost rhetorical. The original post is slightly supercilious IMO but that's just me. Sorry if you don't like it but........hey, doesn't matter.

[yellowking]

I have to agree with SJ here, it's blindingly obvious why the exchange rate is important, it's almost rhetorical. The original post is slightly supercilious IMO but that's just me. Sorry if you don't like it but........hey, doesn't matter.

hehe I said Pompous because I hadn't even thought supercilious was a word. So much for my Oxford education.

[Takiap]

Then there are people like me who trade in many currencies.

I trade forex for clients from around the world. My forex trading is in Euros because currently it is one of the worlds most stable currencies. If I see that changing I can change my trading currency.

However my clients send me money in their own currencies whatever I earn and take to thailand with me has to be converted into baht.

90%of people are no longer insular in their country of residence worldwide exchange rates affect us all from the food we eat to the cars we drive.

I for one welcome the discussions on rates and am not pompous enough to say if you live in Thailand you shouldn't be concerned with your country of birth or it's finances

Ah ah......................another one without a work permit.......... .....

[yellowking]

Ah ah......................another one without a work permit.......... .....

haha yes or tax paying but I do spend very heavily so I'm good for the economy

[KelpieKiss]

THB vs GBP, a topic with almost 30k views and more than 600 posts, tells me about the overweight of English footballers on this forum. Not being from the Uk, I almost feel like a farang amongst farangs.
Reading your posters, I get the feeling that most of you are not retired, but are either running businesses or are working here, so why the fascination with your old currency ?
I understand the importance of the exchangerate for retirees getting the pension from the old country, and I honestly feel sorry for people getting the same amount in i.e. GBP and suddenly it is not enough for immigration.
But for the rest of us, we live in Thailand and our currency, for better or worse, is Baht. I have always believed, if you move to a new country, you have to do it 100%. It makes it IMO easier to adjust to your new country, if you are not attached by somekind of umbilical cord to the "homeland".
Sometimes get the question from Thais: How often do you go home ?
And when answering: "This is Home", I always get a warm smile. And this is not to please to locals, this is the way I feel.
When I moved here 7 years ago, I shipped a container with my "life", when I look around in my house today and see the "junk" I spent 250k Baht getting here, I cannot help to think, what nice furniture I could have bought for the same amount. Sentimental value? My arse.
So I am trying 100% to live in Thailand, my money is here, I am working out of here and I am TRYING to understand what is going on politically and socially. So far the last 7 years my existence has been in the hands of Thaksin, Sonthi (the general),Surayud, Samak,Somchai and now latest Abhisit, and I am still enjoying life here. (By the way, I would not be able to name the PM of my old country, because it is of no relevance to my life of today)
To round it of with currency. 5 months ago I sent my son money for an airfare and paid in Baht and found it to be really cheap, due to the strength of the Baht. Good feeling. So what are you ? Tourist or resident ?
thaiorchid

I think your on to something - but your asking the wrong people. I suspect you already know and are a wind-up merchant. Sorry if this is not the case

[VincentD]

Gee, I thought this would be a thread on how long some of us have been here instead of currency exchange rate rants...

To get the topic back in keeping with the title, I'm resident. Been here over twenty years. Now with PR, as stated in another thread on HHAD titled as such.

As for exchange rates, one does have to keep an eye on these things whether or not you earn your money here. It also helps if you realize what the cost of living is like over where you originally came from so as to lessen the fright of sticker shock whenever you do go back.

I didn't burn any bridges, but then again my family is here so this is where most of my assets are. It also made sense to sell my golf club membership there (at a profit as well ) but didn't bother getting one here as I don't have the time for it any more.

To put things in perspective, I call this place home. Not because of any political acceptance, though I do pay taxes, but because I am comfortable here.

When in Hua Hin, though, I'm in 'tourist' mode...