Posted on 31 July 2009.
Our latest International Investment & Business Seminar here in Ashe County, North Carolina looked at International Investment gains that were up 14% in the first six months of this year.
When these seminars begin… there is always a hint of excitement. Thomas Fisher has flown in from Denmark. Our webmaster, David Cross, has arrived from Oregon and delegates have come from all over the world.
We’ll look at some of the international investments we view (including Ecuador opportunity) but let’s also allow some of the delegates to tell you how they felt about this seminar.
One delegate wrote:
Hi Gary, Merri and David, Thanks for a great weekend. As a new club member, I’m looking forward to the next time that we can spend some time together and to reading “Ecuador Living”. Sincerely,
When our North Carolina international investing and business seminars begin, I rise at dawn on the farm and then…
we drive into West Jefferson where we conduct the seminar.
We are casual at our international investment seminars but serious.
Many delegates make international investing and business… even lifestyle decisions based on the economic updates we share, so I and our other speakers, Thomas Fischer of Jyske Global Asset Management, our webmaster David Cross and Merri have spent enormous time getting prepared.
This year our July North Carolina course was conducted at at the Ashe County Arts Center in West Jefferson.
The Arts Center is housed in a historic WPA building featuring a gallery so we share our information amidst local art and crafts, statuary and exhibits from over four-dozen artists. Here is some of the art we saw.
The seminar began with a historical review that led us to three places to invest now.
#1: Multi Currency Sandwich in value markets, emerging markets and wellness.
#2: The environment.
#3: Real Estate in the US and Ecuador.
Plus we saw why many of us would need our own business.
The first historical fundamental we covered was a way to predict where markets might go next. We saw for example that the Dow has moved in approximate 15-17 year up and down cycles for over 100 years.
We viewed how the Dow appears to be in the 10th year of a 15 to 17 year down cycle that began in 1999. We compared the last two years of this cycle, with the equivalent period in the 1968 to 1982 bear cycle.
We saw an amazing 93% correlation between then and now.
The chart below from Moore Research compares the Dow from 1976 through 1978 to the Dow of the last 18 months. The Blue line is what happened in the equivalent period in the 1970s to now.
Here is what another delegate wrote about this seminar:
Hello Merri & Gary, Now that I am back home and settled into the normal routine, it’s time to drop you a line to say how much my brother Rick and I enjoyed attending the conference last weekend. Experiencing the beauty of Ashe County and the pleasant disposition of the people who live there contributed to the picture of the place that you paint via the letters and photos sent out to your readers. Not only was the information presented there of great value, but Rick and I found that all of the other participants we met are great people indeed, just as you’ve mentioned. Your ability to attract like-minded souls is a service in itself, and one that provides lessons we can all strive to emulate going forward.
Thank you again for providing the opportunity of meeting you both in person; I will begin to make use of the information to enhance my own life and look forward to seeing you both again some day. Best wishes.
Then we looked at the multi currency sandwich and how you can currently borrow US dollars at 3% to invest the loan in higher yielding shares and bonds. Pound loans are 4%.
We also saw how the British pound was a potentially undervalued currency versus the US dollar.
We looked at how Jyske Global Asset management’s Low Risk Portfolio with a 100% loan rose 11.4% since 2009 or at 23% per annum pace.
Then we reviewed an 18% six month profit with 4.75% ISS Capital 2010 bond (or growth at 36% per annum pace).
We reviewed a 7.25% Bombardier 2016 bond. that offered a longer duration and higher spread of 3.5%.
This led us to a multi currency sandwich with $100,000 invested and $50,000 US$ loan at 3% and $50,000 loan in British pounds at 4%.
The $200,000 was invested $100,000 in US the 7.5% dollar bond above. $50,000 was invested in a Pound denominated bond issued by Hungary due 2016 and yielding 10%. $50,000 was invested in British shares because Britain is one of the best valued major markets at this time.
Here is what another delegate shared about the seminar:
Merri, My wife and I would like to thank you and Gary for a wonderful course. We thoroughly enjoyed all the information presented by Gary, Thomas and David. And we thank you for your hospitality with having us to your lovely “piece of paradise” in Lansing. The lunch was delicious and your presentation of import/export items was quite interesting. We look forward to visiting Ecuador in September of 2010. And we look forward to visiting and staying at your hotel in Cotacatchi.
We then reveiwed the best and worst value equity markets around the world and saw that the best valued major markets are now Austria, France, Germany, Italy, Singapore and the UK.
Here is what another delegate had to say about this seminar.
Hi Gary & Merri, I thoroughly enjoyed the time you so graciously allowed me to attend at your seminar and am not surprised, in the least, that you are getting rave reviews. You and Merri make such a wonderful team offering these seminars with professionalism and charm, and here in Ashe County, with a unique local flavor. We all thoroughly enjoyed meeting and getting acquainted with many of your delegates. As it was last year as well, many of the people you attract with your seminars are well traveled, interesting and very personable. Thank you for your friendship and generosity,
In another session we looked at the importance of investing in the environment. We saw three ways to gain from sustainability changes ahead.
#1: Adaptation. Investing in solutions to health problems is an example. Poor food produced in our central food system creates blood sugar problems, so Novo Norsk a Danish company that is the largest producer of insulin makes sense.
#2: Mitigation. Cleaning up the mess humanity offers profit especially with water. Hyflux, a Singapore company, and Kurita Water, a Japanese firm, both have potential in this field.
#3: Structural Change. Vestas Wind Turbines is a Danish company and is the largest maker of wind turbines to produce energy.
Here is what anther delegates sent to Merri and me about this seminar:
As a retiree who saw her retirement sustain considerable loss due to the economy, I found the information you presented during the three days to be extremely helpful and showed a plausible way for me to have some recovery. Besides all of the relevant information, your emphasis on honesty and the importance of not to be deceptive was reassuring. The bottom line is, that what gave real value to the information we were receiving and what made us feel comfortable was, that we felt you, Thomas and David were all people of good character. Something that is very important to us. Thank you, Gary and Merri, for providing a wonderful Seminar. Sincere regards.
On Saturday evening we drove to Lansing and looked at how small businesses can grow as we visited the New River Winery for a wine tasting. The winery is housed in another old WPA building which originally was the Lansing school.
Here is Haskell McGuire one of New River founders showing us the winery.
New River’s flagship wines are Bohemia Red and Bohemia White. These were followed by the introduction of signature wines, Back Porch Blueberry. New River now has several new wines in production including: Pinot Blanc, Viogner, Hellbender Red, Lansing School White, Big Laurel Blush, and Seyval.
The winery started small and is growing by leaps and bounds. Vineyards and wineries are one of the fastest growing business sectors in North Carolina.
Here is an unedited quite from another delegate:
Dear Gary and Merri: We so enjoyed attending the IBEZ Seminar this past weekend in Jefferson, NC. We loved the high country area, the nice people we met and particularly enjoyed the visit and tour of the New River Winery. We were lucky to sit at a table with four utterly charming southern women, one of whom was Haskell’s wife. We had a long drive home on Sunday and were sad that we had to leave and not be able to join you and our group for lunch at your farm and sad that we missed Merri’s cooking. We hope someday in the future we may have the opportunity to visit your property as we heard it is quite beautiful.
Then we began the international business sessions of the course and David began teaching how to use the internet in business.
We started by looking at a Time Magazine quote which said:
Throw away your briefcase: you’re not going to office. You can kiss benefits goodbye. Your new boss won’t look much like your old one. There’s no longer a ladder, and you may never get to retire, but there’s a world of opportunity if you figure out a new path.
On Sunday we continued the course at our farm. Everyone was invited up to the house for lunch.
We did a review of Ecuador export products.
Like this leather coat and these baby alpaca sweaters.
Another delegate wrote:
Hi Gary, Just a quick note to tell you again how much I enjoyed the seminar and seeing your lovely farm. I spoke to you briefly about deciding that I wanted the web course instead of mult-currency. Thank you for sending me that instead of the multi-currency. It may be two weeks, but I am starting to work on that site. I know from life experience that it is always better to focus on what you want to create instead of what you don’t want. So thank you for the buzz of creativity that you, David, and others from the group inspired. I am also interested in featuring the dulcamaras product on my site, along with testimonials. You mentioned a contact for that product. I would appreciate that information also. Smiles.
Here is some Ecuador art that evolved from drum making.
Delegates came up with many marketing and…
plus we had fun.
Next time this course will be in October. This view…
will look like…
As the guests leave… in the dusk… there is always a moment of sadness. New friends made. Interesting ideas shared and now we are moving apart.
Yet we’ll be back together again next seminar.
This delegate expressed it well when she wrote:
Thank you again for a truly life changing and life enhancing weekend. And we also wish your loved ones a speedy recovery and good health. Best regards.
We hope you will join us for our International Investing and Business Course in North Carolina this October or in Ecuador in November like this delegate who wrote:
Hi Gary, It was wonderful to meet you and Merri at the IBEZ Conference this past weekend! You both are so warm and caring and have a genuine desire to help the people of Ecuador and others to build a successful business.
The classes were very insightful and jam packed with information and suggestions on how to start your very own web based business. You and David, your webmaster, presented the information in an easy to understand format that even computer dummies like me could understand.
The multi currency investing portion of the class presented by you and Thomas Fischer from Jyske Global Asset Management were very interesting and educational. It opened our eyes to new avenues of investing that we didn’t have a clue about before.
We also very much enjoyed the Import and Export portion of the class. The items from Ecuador that you and Merri shared with us were very beautiful. I especially loved the bird art and would be very interested in importing some of these to sell. I am also interested in jewelry, leather goods, and the shawls like Fran was wearing in class (they were enhanced with the leather collar and leather applique). I think that custom made leather goods that are stamped, as you and Merri suggested, have good income potentials. We would like to thank you and Merri for opening up your beautiful home to the class on Sunday afternoon and feeding us such a delicious lunch. This was the perfect ending to three days of fun and sharing of ideals and suggestions on how to make money from investing in property and multi currency to building a successful web site business and Importing/Exporting from Ecuador for profit. Thank you and Merri so much for everything. We look forward to attending additional conferences. Take care and hope to see you again soon.
Join Merri me and Thomas Fischer of JGAM and our webmaster David Cross in North Carolina this October and enroll in our emailed course on how to have a web business free. Save $299.
Learn more about global investing, how to have an international business and early retirement in Ecuador at the course.
Oct. 9-11 IBEZ North Carolina
Or join us in Ecuador and learn more about living and retiring in Ecuador.
Sept. 17-21 Ecuador Spanish Course
Sept. 23-24 Imbabura Real Estate Tour
Sept. 25-28 Ecuador Coastal Real Estate Tour
Oct. 21-24 Ecuador Import Export Tour
Nov. 6-8 IBEZ Ecuador
Nov. 9-10 Imbabura Real Estate Tour
Nov. 11-14 Ecuador Coastal Real Estate Tour
Attend any two Ecuador courses or tours in a calendar month…$949 for one. $1,349 for two.
Attend any three Ecuador courses or tours in a calendar month…$1,199 for one. $1,799 for two.
Another delegate wrote:
Hi Gary, Just looked at your website for the first time and couldn’t hardly stop reading all the fantastic topics and the wealth of information you provide. One of the best website’s I’ve experienced. Don’t know why I haven’t looked at it sooner but am very happy I finally got to it. I read as many articles as I could in one sitting with limited time this morning and am anxious to get back to read more. Your life experiences and expertise is fascinating. It’s amazing how close your philosophy about life, work, investing, family, etc. parallels my own. I suppose international living, broad experiences with other cultures, diverse business experiences, etc., culminate in a certain way we view the world. Anyway, thanks for sharing so much excellent philosophy and expertise.