Also see below details of our first Super Thinking + Spanish courses in Montevideo, Uruguay.
Most Ecuador taxis are safe and the drivers helpful… but they probably do not speak English and the safety tip below is helpful with taxis anywhere in the world.
I recently returned from Cuenca, where we own a condo (across from the Oro Verde). I had an experience while there which you/others may want to know.
It was 9 P.M., and I was returning home after dinner with friends. The cabbie (older man) was confused due to road construction and let me off at a Super-Maxi near my condo, rather than at the condo itself. While walking the remaining 1/2 mile home, a car pulled up, and I was jumped by two men. They took my money clip, cell phone and apt. keys. I wouldn’t give them my wallet with credit cards, so received a punch in the eye as a parting gesture.
When I reached the condo, the Ecuadorians in the lobby were absolutely furious when they found out what had happened. They even wanted to go looking for the muggers (who were long-gone)! We had to unscrew the door frame to the apt. to get in. This is being repaired now, and new locks are to be installed.
I guess the useful information to come from this is
1. Incidents like this can occur and at fairly reasonable hours too (9 P.M.)
2. People need to be alert for cars on the street.
3. Older cabbies are to be avoided if possible (I had just been warned of this that very day!)
4. The Ecuadorians felt that the muggers were Colombian. They said Ecuadorians didn’t do violent things like this (and I tend to believe them).
Feel free to forward this to anyone whom you think might benefit. (I didn’t contact the police, because it was late at night, I had to leave early the next morning and couldn’t have identified anyone anyway.)
I replied: Thanks. I’ll share this as it fits our experiences in Ecuador. I have written similar messages before but it is good to remind readers.
One tip, next time give them the credit card. That would be better than a lost eye or something. You need both your eyes so you can remain a good reader of our website!
I once did a similar thing when a robber who broke into my home in Naples. I attacked with a paint brush. I just ran on adrenaline rather than good sense. Afterwords I realized I could have been really hurt and may have hurt the robber also. None of that was worth any of the material things he had grabbed.
Local San Clemente Ecuador beach taxi. Would you expect him to speak English?
Here is another safety tip in Ecuador or any Spanish speaking country. Most taxi drivers in Latin countries do not speak English. Be able to communicate! Knowing how to communicate in a lingua franca such as we teach in Super Thinking + Spanish course can help you get where you want to go and avoid trouble wherever you go in Spanish, Italian or Portuguese speaking countries.
Super Thinking + Spanish expands to Montevideo, Uruguay. Our active Spanish teacher force is expanding and teacher, Spiro Michas, is hosting his first course in Montevideo, Uruguay March 25-26-27, 2012. Because this is Spiros first course it is offered at large discount. See details below.
2015 ScheduleSchedule 2015 Seminars and Courses
Delegates enjoy taking breaks at our winter courses in Mount Dora.
We conduct our summer camps at Jefferson Landing in West Jefferson North Carolina.
Join us in balmy Central Florida in the winter and the Cool Blue Ridge in summer.
Join Merri and me for all the courses and seminars that we’ll conduct to help you gain positive solutions to your economic, financial and lifestyle concerns.
Here are the courses we currently have scheduled in 2015. Course in bold conducted by Gary & Merri Scott
Oct. 10-11, 2015, West Jefferson, North Carolina. Multi Currency, Protect Against a Weak Dollar Investing Seminar. (Normally $799 or $999 for a couple)
Overcome Election DeceitTuesday, November 8, 2016, is the 58th US Presidential election. Plus elections for all of the seats in Congress and 34 in the Senate. How many deals will be made between now and then that could reduce our pocketbooks? What trade offs will be agreed that will weaken our personal freedom? Which agreements will fill our days with more red tape?
There is so much deceit in the political promises and so much deal making that has nothing to do with the country’s or you and my good. What can we do to retake control? How can we see behind the scenes and stop the erosion of our rights and reductions in our standards of living?
Politically there may be little we can do, but here are two tools for our individual investing survival: numbers and words.
Numbers relate to value. Our wealth can survive today’s political onslaught and grow by spotting investing value through mathematical precision. Good value strengthens wealth and beats back a deceitful world.
Words define the law. Words create laws that define our rights, ownership and freedom. These words are also used to take these benefits away. Those who write the laws always include sections that protect themselves and their common interests. A good attorney who understands how to use appropriate planning can use the same words to protect our income savings and rights.
As a run up to my 50th year of speaking and writing about savings and investments around the world I decided to ask my friends who are mathematical and legal geniuses to share a weekend with us to cut through the fog of rapid change and learn how to beat the system that seems so integrity challenged.
The idea of using math to find good value equity investments led me to ask mathematical analyst, Michael Keppler, to join us in the Blue Ridge for a seminar.
Michael is a brilliant mathematician. We have tracked his analysis for over 20 years. He continually researches international major stock markets and compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return. He compares each stock market’s history. From this, he develops his Good Value Stock Market Strategy. His analysis is rational, mathematical and does not cause worry about short ups and downs.
Don’t Red Line Your Investments
According to Keppler’s analyses, an equally-weighted combination of good value markets offers the highest expectation of long-term risk-adjusted performance. His mathematical predictions have been eerily accurate as the red line below shows.
Each quarter Michael shares with me (and other professional investors) his “Total Return Predictions”.
Click on chart to enlarge.
This chart shows the entire real-time forecasting history of Keppler for the KAM Equally-Weighted World Index, he started in 1993. Keppler contnually shows what his mathematic formulas predict for markets four years ahead. These numbers are based on mathematical relationships between price and value over the previous 15 years moving forward in monthly increments. In this way Keppler uses numbers to continually adjust to the ever-changing market norm.
Keppler’s chart includes two remarkable episodes. The first in the period when global equity markets peaked and crashed over a five-year period from 1997 to 2001. Keppler’s Equally-Weighted World Index predictions stayed above the upper forecast band and accurately predicted the recovery and how much global markets would rise.
The second remarkable period started in October 2008, when again Keppler’s forecasts again accurately showed where markets would reach as they fell below the lower forecast band.
Imagine the extra profit professional investors have today when they invested in these depressed good value markets before they again rose.
Keppler’s projections now indicate that global markets are expected to rise from between 2.1% and 13.0 % in the next three to five years.
Learn about Keppler’s projections and about Asset Allocation from Michael Keppler in person at our Value Investing Seminar October 17 & 18 in Jefferson, North Carolina.
Learn how to also let the law work for you.
One way to protect our wealth and freedom is to have a good attorney who understands how to use appropriate planning so you can also be protected rather than hurt by the law.
I have also asked our friend of more than 30 years, Leslie Share, to speak at the October Value Investing seminar. Leslie is an attorney in Coral Gables, Florida who specializes in general, corporate and international taxation, estate and gift tax planning, internal revenue service matters at the agent and appeals level plus most important, he specializes in wealth preservation.
He has the highest possible Peer Review Rating by Martindale-Hubbell, Florida Super Lawyers and The Best Lawyers in America.
Leslie is the type of attorney who can help gain asset and wealth protection if you live in the US or abroad.
Cash in on the best opportunity in 32 years. Currency diversification has always been important for safety, but right now a multi currency opportunity is brewing and has more profit potential then we have seen in over three decades.
Our “Investing Seminars” started 32 years ago when one of the best set of three currency and equity conditions ever existed. Over these decades our semi annual seminars have updated what’s going on in global investment markets and what to do. In all those years, few times have conditions offered as much long term opportunity as in 1982.
Now three the great economic conditions have returned.
Our October seminar will be at the Jefferson Landing Country Club.
Conditions have come together just as we saw at our first seminars in the 1980s. The US dollar, the US stock market and the price of oil are acting almost exactly as they did in the early 1980s. Knowing these conditions and why they have merged and what to do about them can help you create a fortune.
One way to tap this potential (we’ll review this at the seminar) is to invest in Keppler’s Good Value Country Strategy with ETFs (Country Index Exchange Traded Funds). For example there are currently ten good value developed markets, Australia, Austria, France, Germany, Hong Kong, Italy, Japan, Norway, Singapore and the United Kingdom. You can easily create a diversified portfolio in each or all of these ten countries with Country Index ETFs.
We review Country Index ETFs at the seminar.
Join Merri, me, Michael Keppler and Leslie Share. The “Value Investing Seminar” looks at how to protect purchasing power and pensions with value investing. The course teaches how to add safety and create profits by spotting multi currency and global equity cycles through good value mathematics.
Value Investing Outside the Box. Here is a partial syllabus of the seminar:
* See new breakout possibilities… in global investing.
* Benefits of early investments in an oil that’s up 22.8 times in the past ten years.
* Beyond Gold. Three hard assets that protect against all currency erosion.
* The Small Country Effect. Why small markets rise more than large ones.
* Top Value small markets and how to easily invest small or large amounts.
* The best four currencies for the year ahead.
Few decisions are as important to your wealth as WHICH CURRENCIES to invest in. This has been our area of expertise since the 1970s. Learn how to use ETFs to gain multi currency diversification.
Details in this session also include:
* How to easily buy global currencies, shares and bonds.
* The benefits of investing in real estate in Small Town USA. We will share why the value is special and why we have been recommending good value real estate in this area since 2009.
* What’s up with gold and silver. One session looks at my current position on gold and silver and asset protection. We review the state of the precious metal markets and potential problems ahead for US dollars – how interest rates at zero eliminate opportunity costs of diversification in precious metals and foreign currencies.
* New tax strategies. How to create businesses that earn income and reduce tax.
Gary Scott at a multi currency session.
The seminar begins with a 1000 Year Economic Review that leads us up to where markets are now and head for the next 474 days and beyond.
Learn how to:
* Find good investing value.
* Use multi currency portfolios.
* To use multi currency for diversification-speculation & hedge.
* Earn in water and agricultural investing.
* Gain with special situations now for aggressive growth
Saturday, Sunday, October 17-18, 2015, Jefferson, North Carolina.