Flashermac Posted July 15, 2009 Report Share Posted July 15, 2009 Well, this is a co-op were a number of ex-prime ministers plus a few generals and royals have money. Should be safe enough. p.s. Evil foreign devils are not allowed to buy "shares" in the co-op. And those "shares" - actually high interest fixed deposits - pay 10% per annum. One of my colleagues has 6 million baht in shares, gets 600,000 in interest each year. Most I'm allowed is 3% to 5%. Greetings from the back of the bus. Link to comment Share on other sites More sharing options...
WorldFun Posted July 15, 2009 Report Share Posted July 15, 2009 10% p.a. for a FD is pretty damn good these days. But as you said it's 'member's club' only so we need not apply Cheers! Link to comment Share on other sites More sharing options...
Flashermac Posted July 15, 2009 Report Share Posted July 15, 2009 People who were already in the shares programme got to stay. I arrived a few years too late. The colleague I mentioned has his interest paid into his regular account. But the few other farangs in it let it build up. Even at an archan's crap salary, that can build up to a nice sum fairly quickly. Link to comment Share on other sites More sharing options...
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