Positions · computed 2026-07-27

What to do about it

11 positions, each one a question with a stance attached, produced by arithmetic on the readings above and shown with the arithmetic still attached. Grouped by what they ask of you.

Accumulate Worth adding to, in regular amounts rather than all at once

1 The government savings bond Where should baht go that you will not need for years but do not want at risk? Buy the ten-year at 2.80% during the sale window. It pays roughly three times a bank deposit for the same safety, and the window is short. Long bonds +100 medium conviction 35d left 2 ThaiESG — the last year of the enhanced deduction Is there anything on a fixed deadline worth acting on? If you pay Thai income tax, buy ThaiESG units before 31 December 2026 — ฿300,000 of deduction on a five-year hold, and it drops to ฿100,000 on eight years in January. Own Thailand — high conviction 157d left 3 Own the world Where should money go that will not be needed for ten years or more? Keep adding to one broad global fund on a fixed schedule. This is the anchor holding; everything else on this page is a variation around it. Own the world +33 high conviction

Avoid this version There is a better-structured way to own the same thing

4 US-listed funds — use the Irish version instead Does it matter which exchange your world tracker is listed on? Above about US$60,000, hold the Irish-domiciled version of any fund rather than the US-listed one. It owns the same companies and keeps your estate out of the IRS. Own the world — high conviction

Hold Keep what you have; nothing here argues for changing it

5 Gold as insurance How much gold, in what form, and bought where? Keep a standing allocation and add to it patiently rather than urgently. Gold's job here is insurance against things the rest of the page cannot price. Insurance +25 high conviction 6 Own America, but no more than the world already gives you Should the US get an extra helping beyond its weight in a global fund? Hold what a global fund already gives you. A separate S&P 500 or Nasdaq holding on top of that is a concentration decision, and the cost of money argues against making it now. Own America +25 medium conviction 7 Where idle cash sits Baht or dollars for money you might need within a few years? Split it. Money you will spend in Thailand within about five years stays in baht; genuinely long-horizon idle cash earns materially more in dollars, and you are paid to wait. Dry powder +17 high conviction 8 Own Asia beyond Thailand Is now a moment to add China, India or Vietnam on top of a global fund? Hold a modest position and add slowly. The currency backdrop helps; the growth signal that would confirm it is not readable at the moment, so this deserves patience rather than conviction. Own Asia 0 medium conviction

Watch Not yet — the number to wait for is named below

9 High-dividend Thai funds Is a high-yield Thai fund a better way to own Thailand than the plain index? Do not add here; if it has grown into a large position, prefer the plain index fund. The costs are certain and the yield advantage is not. Own Thailand -67 high conviction 10 Own Thailand How much of your money should be in the market of the country you live in? Hold enough Thai equity to match the baht bills you will actually pay, and no more. The readings do not support adding here right now. Own Thailand -33 high conviction 11 Inflation protection Is it worth paying for protection against rising prices right now? Monitor rather than buy. Protection is priced at roughly what history suggests, and the version available to you protects against American inflation, not Thai inflation. Inflation-linked bonds 0 medium conviction