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downnout

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downnout last won the day on July 14 2017

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About downnout

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  1. downnout

    Cost of living in Thailand

    It's not QT that is going to derail the market we have been getting QT since Late Feb US market went down 15 % , they already see after 3 months that QT will kill the market and strengthen the US dollar hence my year end target 3000 SPX as they will back off the tightening. I realize the stock market scam is made to go up over the long run but the scam has burps along the way and the next one is going to be a projectile vomit lol. It's the bonds,credit and debt that will lead to the bear market in the 2020's. Show me one financial analyst that predicted the 2008/2009 debacle that was closer than anyone realizes that you would of woken up one morning and not been able to access a nickel from your bank accounts. Just the way I'm playing, if it keeps going up that's fine as that's the what my retirement accounts are for but I'm not going to be that guy that turned 60 in April 2009 and saw his retirement accounts down 50% when he had his Thai dream life planned 2 years before. May we all retire multi millionaires.
  2. downnout

    Cost of living in Thailand

    The way I look at it is I know it's coming, the US will have a credit crisis which will lead to a recession within the next 3 year( US. Has never had a decade without a receccion 1.5 years to go, imagine the next one will be a doozy), the whole world is in debt which will blow up within 10 years or so with a coordinated world wide debt default ( you can imagine what the stock markets will look like during all this ). Myself I actively trade, leaning long into the fall back to the highs or a little above SPX 2950/3050 is my year end target after this current consolidation ends maybe 5 - 10 % lower maybe not. I am currently loading up on Jr gold mining stocks and Uranium stocks the 2 most beaten down sectors in the world both will fly in the 2020's and that is my war chest/ long term accounts along with physical gold/silver. When I see the endgame is upon us I will short the fuck out of this stock market. Thats my plan to have money available to be able to buy from the people that are not preparing for the inevitable.
  3. downnout

    Cost of living in Thailand

    The way I look at it is I know it's coming, the US will have a credit crisis which will lead to a recession within the next 3 year( US. Has never had a decade without a receccion 1.5 years to go, imagine the next one will be a doozy), the whole world is in debt which will blow up within 10 years or so with a coordinated world wide debt default ( you can imagine what the stock markets will look like during all this ). Myself I actively trade, leaning long into the fall back to the highs or a little above SPX 2950/3050 is my year end target after this current consolidation ends maybe 5 - 10 % lower maybe not. I am currently loading up on Jr mining stocks and Uraniun stocks the 2 most beaten down sectors in the world both will fly in the 2020's and that is my war chest/ long term accounts along with physical gold/silver. When I see the endgame is upon us I will short the fuck out of this stock market. Thats my plan to have money available to be able to buy from the people that are not preparing for the inevitable.
  4. downnout

    Cost of living in Thailand

    There is going to be some Thai real estate bargains sometime within the next 10 years which works with my retirement timeframe, between the expats having to bail because their economies crashed and the Thai condo overbuilding or civil unrest, you just have to be patient, load the war chest and know what you want, what area and the price your willing to pay .
  5. downnout

    Super cheap air fares to BKK from USA

    BT Travel Store is where I look for my Thailand flights, 10 weeks out before your travel date is usually the cheapest flight as I got an Orlando to Bkk For $ 710 by far The cheapest I have ever paid Dec 5th outbound. Funny after I booked it in disbelief I ran the search again 10 mins later and the same Air China flight came in over $2000 with a Qatar flight at $ 1050 as the cheapest. Outgoing not bad 4 hr layover JFK and 1.5 in Beijing, coming back 6 in Beijing And 8 in JFK brutal.
  6. downnout

    US Tourist numbers down

    I just spent more in a week in Vegas than I could fing and bell ringing for a month in Patts, Vegas is great but you have to spend money to have a fun time, clubs, hookers , drinking & eating and gambling which can be the saving grace or add to the financial disaster after 1 week there.
  7. My favorite place in Bangkok for breakfast especially on Mon,Tues & Fri morning during Nfl season, excellent food great staff ( Gai is a hotty) I hope she can keep it going. The last 5 years in Dec when I was in town Scott would look a little rougher each year I always wondered how someone could do that to themselves just pound alcohol like that every morning, may he rest in peace.
  8. Has anyone tried this app Eatigo.com, not as many restaurants as Bangkok obviously but 50% discount for eating a little earlier is not a bad deal.
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