My investment strategy

First things first, my assets available for investment in Thailand are:

• 210,000 US$ cash
• My current Thai stock portfolio that i bought in January, February 2010 can be seen if you click on the screen shot below. I invested 40,000 US$ in KBANK (10K), THAI (5K), LPN (10K), PTL (5K), TTA (5K), PTTCH (5K):

Portfolio is down 4% today, which is not bad given that i bought most of these just before the global correction that happened in the last 2 weeks- the portfolio was down 10% just a few days ago). I think we have turned the corner now given probable EU bailout of Greece and better economic indicators in the US- hence today i bought TTA and PTL.

My other assets for investment:

• 50,000US$ in a BRIC mutual fund managed by HSBC that i bought into 2 years ago; currently down 8% since then which is not bad i think given i bought just before the global meltdown.
• 4,400 US$ in the Indonesian stock exchange invested in CPRT (Ciputra properties). In fact i bought those today after selling BUMI and ANTM which i bought last year and have since watched drop by more than 50% in value- yup, I took a 5,600 US$ loss on this. As i say on the top of this blog-there is plenty of 'trial and tribulation' to go round. In my defense, i bought BUMI, ANTM on a whim after reading one newspaper article (lesson learned: you need to research before you buy- D'oh).

So this is what i have to work with. My investment strategy to invest in the Thai stock exchange and also buy a condo in Bangkok to rent out.