Holiday investing, Retiring on the cheap and splitting up | Bangkok Post: business

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Holiday investing, Retiring on the cheap and splitting up

  • Published: | Viewed: 1,078 | Comments: 0
  • Newspaper section: Business
  • Writer: Thai Financial Planners Association
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I've heard a lot of financial products being introduced for the LTF/RMF shopping season. I have hundreds of thousands of baht as a budget, can bear risk at a certain level and can invest long-term. Can you advise me? 

_ NarongANSWERED BY...Teera Phutrakul, CFP, Chairman, TFPA Procrastination is a difficult disease to cure. During the first 10 months of this year, the SET index rose by almost 25%. I often wonder why investors wait until December to buy these funds. A better way to invest is to adopt a dollar cost averaging (DCA) technique, whereby you invest a fixed amount every month. There's no point in trying to time the market. People in your income bracket should make full use of the tax deduction limits of 15% of your gross income or a combined limit of 30% if you buy both LTF and RMF funds.

I plan to retire in Uthai Thani. I have US$70,000. How do I make a return that will allow me to live moderately?

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