Tag Archive | "California"

Ecuador Experience


Here are some thoughts on why the growing desire for experience can create profits with an Ecuador experience or investments in an experience.

Ecuador-experience

Here is an Ecuador sunrise viewed from our hotel Meson de las Flores. When the day begins in Ecuador you never know what new experience you’ll have next!

Understanding the seventh wave in the industrial revolution, the Imagination Era, can help us understand benefits in Ecuador and see how to invest better anywhere in the world.

Technology has moved humanity through numerous eras of innovation (Steam Powered – Internal Combustion Powered – Chemical/Plastics/TV/Telephone/Jet Powered – Electronics powered and Information Powered). Each era made society more efficient. New modes of productivity changed the way we eat, work, sleep, live, practice religion, politics, gather our families, spend, etc. Now we are headed into the Imagination Era.

The information era has peaked. We can still make money in Microsoft and the .coms but the really easy, big billions were all made before 1998.  These peal of each era lasts 30 years or more and we are about a decade into the Imagination Era.

In the Imagination Era, whatever can be is automated.

In the Imagination Era, excellence and value are taken for granted.   Automated assembly lines that turn out low cost, highly usable, dependable products are growing. Innovations in production are taking place very quickly within industry.

In the Imagination Era, the story reigns king! People buy products based on the story behind the product. Consumers want experiences more than things.

Ecuador-experience

For example our September Super Thinking Spanish Course coincided with Imbabura’s Indigenous Corn Festival. Our delegates were rewarded with the experience of a Cotacachi parade and…

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the…

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Corn Queen.  These are not…

Ecuador-experience

small parades.

In the Information Era, values  are even more important than the economic value.

We can see the Imagination Era every day.  Eras do not start and stop in a day. We still have textiles and foundries, railroads, airplanes, etc. Airlines and car manufacturers still exist (though we have just seen a shakeout with Internal Combustion Era businesses).

The Imagination Era has been forming for some time. Chances are it will rise even faster and sharper than all those in the past and the peak is near.

Ecuador-experience

Here’s a Corn Princess.

One example is seen in this excerpt from a recent New York Times article entitled “Disney’s Retail Plan Is a Theme Park in Its Stores” by Brooks  Barnes and published October 12, 2009: The Walt Disney Company, with the help of Steven P. Jobs and his retailing team at Apple, intends to drastically overhaul its approach to the shopping mall. Jim Fielding, president of Disney Stores Worldwide, leading a tour, says, “It’s time to take risks.”  At a time when many retailers are still cutting back or approaching strategic shifts with extreme caution, Disney is going the other way, getting more aggressive and putting into motion an expensive and ambitious floor-to-ceiling reboot of its 340 stores in the United States and Europe — as well as opening new ones, including a potential flagship in Times Square.

Disney Stores, which the media giant is considering rebranding Imagination Park, will become more akin to cozy entertainment hubs. The chain’s traditional approach of displaying row after row of toys and apparel geared to Disney franchises will be given a high-tech makeover and incorporated into a new array of recreational activities. The goal is to make children clamor to visit the stores and stay longer, perhaps bolstering sales as a result. Over the next five years, analysts estimate that Disney will spend about $1 million a store to redecorate, reorganize and install interactive technology.

“The world does not need another place to sell Disney merchandise — this only works if it’s an experience,” said Jim Fielding, president of Disney Stores Worldwide. (Bold is mine)

Steve Jobs at Apple is helping with proprietary information about Apple’s successful stores, and his message is “Dream bigger”.   There is great  interactivity — parents will be able to book a Disney Cruise on touch-screen kiosks while their children play.

Ecuador is perfect as a place to experience new adventures, lifestyles and ways of life because the population includes one of the most highly successful indigenous populations who have integrated their ancient culture with the Western economy.

Ecuador-experience

Another Corn Princess.

These parades go on for hours…

Ecuador-experience

with wonderful floats, bands, music and  dancers.

Ecuador-experience

When looking for places to invest, visit or live, we can go beyond Disney… and enjoy the benefits of this era’s desire for experience.

Our course delegates were delighted.  So when  you come to Ecuador be ready for adventure and something new.  You ever know what wonderful experiences you’ll enjoy!

Gary

See Cotacachi Surprise Parade

Join our Ecuador courses and tours October, November or December.

The greatest asset of all is the ability to labor at what you love wherever you live. This brings everlasting wealth.

This is why we are providing a special three for one offer with our  course Tangled Web… How to Have an Internet Business

This course can help you create your own internet business.

Our emailed course “Tangled Webs We Weave – How to Have Your Own Web Based Business” is a continuing educational program.  You receive the first 28 lessons when you enroll and a new lesson every week or two.

This course teaches how to create a web based business and is developed from the ongoing experiences that we have from our successful and profitable internet business.

This course is well worth the enrollment fee of $299… but currently you also receive two additional courses FREE.

The other two courses are #1: International Business Made EZ, and #2: Self Fulfilled – How to be a Self Publisher.

These two courses have sold for $398 and thousands have paid this price. We add them to your course, at no added cost, as I believe they will help you develop a better business in these crucial times..

Even Better Get All three Courses Free

To make this offer even more compelling,  I am giving everyone who enrolls in all our seminars or tours for any one month, October, November or December, “Tangled Web… How to Have an Internet Business Course,”  “Self Fulfilled- How to be a Self Publisher” and “International Business Made EZ” free.

Head south. Experience Ecuador!

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

December 6-8 Beyond Logic Shamanic Tour

December 9-10 Imbabura Real Estate Tour

December 11-13 Ecuador Coastal Real Estate Tour

Join us in the mountains and at the sea.  Attend more than one seminar and tour and save even more plus get the three emailed courses free.

Attend any two Ecuador seminar 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

Read the entire article “Disney’s Retail Plan Is a Theme Park in Its Stores”

Internet Business Haro


New micro internet business opportunities arise all the time… Your own small internet business is a great way to make money… but there is something more.

Cotacachi-Ecuador-Condo-Rent

Morning on Cotacachi Ecuador’s plaza may be foggy but the economy is sunny and bright… and

I was sitting on our balcony at our hotel Inn Land of the Sun (formerly Meson de las Flores) in Cotacachi Ecuador… looking at the sunrise view.

internet-business-view tags;

Mt. Cotacachi was on my left.

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Mt. Imbabura on my right.

internet-business-view tags;

The time was 5:36 am and I began my first round of answering my email.

The first note opened had the subject Om Bir and the email said:  Hello sir,  Nameste. T his is lalit from Nepal. i m working from two yrs. in roses. as a farm supervisor. we are exporting roses to japan.i’ll write you more about company.looking forward your reply.  lalit  kathmandu

What a wonderful way to start the day… I am in a small mountain village getting blessings from someone in mountains half way around the world.  Namaste means “may that which is in God be within you.”

We offer a course to help our readers start their own web business. This freedom not only makes life more enjoyable but also reduces the cost of living.

Technology brings us so many blessings… the things we take for granted… air travel… electricity… computers… cars… the internet… would be considered miracles for 99% of mankind that has existed.

Yet we can with the push of a button gain blessings… and business from around the world.

This is why we are sharing a free course on how to create your own website without a webmaster written by Michelle Toole. Here is the 38th lesson in this course.

What’s HARO?  By Michelle Toole

So you’re interested in starting your own self publishing business on the internet? Or maybe you have a book that you wrote and want to make a name for yourself?    Well, I have a great tip for you…..actually, it’s a great tip for anybody wanting to establish themselves as an expert and this will help you build your own ‘brand of one.’

Editors, as Merri always reminds us, are “always looking for content” and the same goes for reporters, bloggers, radio hosts and pod cast hosts.   So, how do you connect with editors, reporters, bloggers, radio hosts and pod cast hosts that need you?  Good Question….

And I have a great answer…. HARO.  What’s HARO?

HARO stands for ‘Help a Reporter Out’, a web site (helpareporter.com) started by Peter Shankman and it is an excellent resource for those of us trying to build our own ‘brand of one.’

According to Peter, “I built this list because a lot of my friends are reporters, and they call me all the time for sources. Rather than go through my contact lists each time, I figured I could push the requests out to people who actually have something to say.  These requests only come from reporters directly to me.”

Once you sign up to Peter’s web site you will get 3 emails each day.  Each email will include a list of reporters, bloggers, radio hosts and pod cast hosts looking for sources for their stories.  Of course it’s not likely that you will find someone looking for your expertise on a daily basis, but I wouldn’t be surprised if you find something every other month.  It’s certainly worth your time and the best way to build your ‘brand of one’ is to put yourself out there.

Good Luck and happy Branding!…

You can check out Michelle’s web site at http://healthy-holistic-living.com and http://home-remedies-and-natural-cures.com.  To get more great tips, like the ones above and to see how and what tools she used to create a successful on-line business go to http://sitesell-sbi.comInternat Business Ideas

The sun always shines somewhere. Because many Americans are headed south… business is suffering in the north… but getting better n the sun!

Gary

The greatest asset of all is the ability to labor at what you love wherever you live. This brings everlasting wealth.

This is why we are providing a special three for one offer with our  course Tangled Web… How to Have an Internet Business. This can help you create your own internet business.

How We Can Serve You

How to Have Real Safety

Regain Real Security

There is a path to true security.

I was reminded of this once when I made a horrible mistake.  Almost!

The supposed error?  Letting my mind wander six decades back to an hour I spent with a girl.

Learn from this near disaster, seven most powerful sources of wealth, health, security and fulfillment in this era.

The girl was pretty and blond.  Terry was her name. My imagination spanned decades returning to my Oregon roots seeing her as if she were there.

We were 11 or 12 and had known each other since we started Rockwood grade school.  Just buddies, our non-romantic friendship lasted 12 years, from first grade till high school’s end.  Then she went off to Pepperdine College in California.  I started traveling the world.  Never saw her again.  I hope her life has gone well.  But until that reflection I’d never thought much of Terry in so many years.

What could have been the tragic error was letting that memory touch my heart.  Two kids, walking on a crisp, Pacific Northwest autumnal afternoon.

We walked down a sun filled, pine needle covered, dirt path.  Huge, fat, green Douglas firs lined the road.  Traffic was no problem, not many cars.  Crossing Stark Street we turned left, hiking three blocks to 182nd.  There we passed an old clapboard candy store.  I can still hear the wooden sidewalk of that store slap beneath my feet, felt the soggy planks sag and smelled astringent pitch from the fir trees.  Then we turned right, up 182nd for about a mile.  There was Terry’s house.

I carried on, walking through a big field, waist high grass turned straw brown by an early frost.  There were dozens of paths made by who knows what.  Animals perhaps or countless generations of other kids walking home alone from school.  I chose one following it to another wood of tall, rough-barked fir.  Crossing one more field, I climbed a rock wall, struggled through a barbed wire fence (my Mom hated that fence ripping my jeans).  I was home!

Sweet simplicity, that dream.  Two kids holding hands, walking on a dirt trail under a crisp, but blue, sunny sky.  Pure innocence.

My tragic error was looking back.  I returned to Rockwood, Oregon with Merri and my kids to show them this part of their roots.  Following the route, Terry and I had walked were the candy store, grange hall, old wooden buildings and their home spun honesty and charm.

Instead we found six lanes of fast, frantic traffic and road rage.  McDonalds, KFC, strip shopping centers.  The car radio blared warnings of local gangs and drive-by-shootings. Beauty, innocence, sweet simplicity, replaced by drive ins and drive bys.  Gangs and drive-by shootings replacing a tender walk in the sun.  Good bye memories, good bye.

How can our kids walk in places like this?  How can we return to those old feeling of security and comfort?

How can any of us possibly keep pace in this world that’s moving so fast?  Then something inside snapped. “There has to be an answer for honest, hard working folks to enjoy the wonderful opportunities of today and regain what we’ve lost over the past forty years”, I swore to myself.

How can we keep up, without having such a fast paced life we turn into machines?  Where do we find time for God, family, charity, and our friends?  How can we rediscover those sun filled, pine needle covered, dirt paths we want to walk?

“There has to be places that are still innocent and pure”, I thought.  “There has to be a way of life that does not pound us with stress”.

This thinking led me to begin reviewing the thousands of economic and business experiences I have shared with readers over the decades.  This started a search for a simpler way of life and a better place to earn and protect our wealth.

By digging, asking and observing, traveling and talking to investors and investment managers all over the world I found that there are true paths to real security in the here and now.  That knowledge helped me develop courses on how to have natural health, everlasting wealth and purposeful investments.

This knowledge helped Merri and me invest in stocks and real estate all over the world.  It helped us find and develop Merrily Farms into a sanctuary here on Little Horse Creek.

That almost error led us to create an entire portfolio of information on how to keep pace, get ahead, enjoy our modern society but, to enjoy life wherever you choose without having to move too fast.

I want to share this information with a special few in our summer course in the Blue Ridge Mountains where the air is dry, crisp, with a bright sparkling sun.  Our North Carolina woods is a place where we can once again walk down sun filled, pine needle covered, dirt paths beneath huge, fat, green fir and hemlock.

We start the course with this question that can help us get our lives back.

“What would you think in the last 30 seconds of your life if you were the richest man in the world but were unhappy?”

This quote is from the opening slide of our Value Investing Seminar, “How to Secure Your Future With a Value Breakout Plan”.  This a vital question because few investors think about the value of comfort and happiness.  Yet the truth is, those who are comfortable and happy with their investments are likely to make good investment decisions.  If not, no matter how much money an investors has, changes are, they’ll lose.

Bring Value and Purposeful Investing Together

value

Join us to learn how to make safety and profit easier and less time consuming so we can focus on our individual purposes in life.

Become an International Club member and join like-minded souls, who take a positive view and think outside the box for better health, greater income and safer, more profitable investments. Share ideas on how to add value to everything and make 2016 -2017 your best years yet.

In 2016 Merri’s, David’s and my mission is to share our 50 years of experience in international business, investing and living to make ourselves happier, healthier and wealthier.

To reach a wider audience we have shifted our seminars online including the seminar “How to Secure Your Future With a Value Breakout Plan”.

Here is a partial syllabus of this seminar.

  • Three common sense ideas:   Avoid lines.  Go where you are a name not a number.  Decide who you are and what matters to you.
  • Why three economic trends that have make smart investors rich every 30 years are ready for cashing in now.
  • How to look for short term problems that create long term value.
  • Update on the best ten markets for safety and profit.
  • How to diversify in value with Country ETFs.
  • The value of time in investing and life.
  • The economics in cyber wars. How to look back at the economics of war to see ahead.
  • Great new innovations that will ignite a 16 year bull market from 2016 to 2032.
  • The next great fuel.
  • Timing long cycles, economic cycles and seasonality.
  • Investing in Demographics.
  • Trading Down, the biggest global trend ahead.
  • Hidden Inflation .
  • How to protect against pension loss.
  • The Silver Dip 2016. When and how to invest in gold and silver . How to double your position with loans.
  • How to spot currency distortions and borrow low to deposit high.
  • How, Why When & Where to bank abroad.

Club membership is for an entire year and the recorded seminar is just one high point.

In 2016 and 2017 we are conducting online seminars about value investing, natural health and how to write to sell.

International Club members receive all the online seminars free.

In addition club membership includes:

  • Personal investing Course (Pi), normally $297, FREE
  • Self Fulfilled How to be a Self Publisher, normally $299, FREE
  • Eventful Business, normally $349, FREE
  • International Business Made EZ, normally $299, FREE
  • Report “Three Economic Conditions for 50% or More Profit,” normally $29.95, FREE
  • Report “Silver Dip 2015” normally $27, FREE
  • Three online Value Investing Seminars, normally $477, FREE
  • One online Natural Health Seminar, normally $119, FREE
  • One online Writers Camp, normally $299, FREE

Annual International Club (one year) Membership  $1,199

Annual International Club (one year) Membership four quarterly $375 payments

Merri and I have been organizing courses, seminars and newsletters about international and Super Thinking  lifestyles for over 30 years.  The importance of this sharing… by like minded souls… was reinforced when a delegate from a course sent an email that said:

My Dearest Merri and Gary, Thank you for your most gracious hospitality last weekend. I am just thrilled at being a part of your group.  You and Gary were exactly as I imagined you to be, warm friendly, kind, considerate, genuine, helpful, fun, sincere, what else can I say……I felt so comfortable in your presence and learned so much in your course. I was sad to leave the farm that Sunday afternoon.  You made us all feel so welcome and cared about.  You were so kind to make arrangements for a ride with the other delegates from the Charlotte Airport.  They were so nice to me and so helpful, by the time the weekend was over I felt like they were my long lost brothers. Monday morning we all had breakfast at the airport together and I was so sad to see them go, I was sad the weekend was over, perhaps sad is not the right word for how I was feeling perhaps Gratitude is a better way to describe it.  Grateful for having the opportunity to share the weekend with such wonderful, like minded Human Beings, in the beautiful mountains of North Carolina. Thank you Merri and Gary.  Thanks to you I now have new hope and a new direction to move forward in my life.   I know by attending your classes and conferences that through education and due diligence I will make the right choices.

I invite you to be a member of the International Club.

Let’s prosper in these times of change. Won’t you join us in this exciting club and share Merri’s and my lifestyle for the next year?  Join us online.

Club members receive everything we offer in 2016 and 2017.

Annual International Club (one year) Membership  $1,199

Annual International Club (one year) Membership four quarterly $375 payments

Gary

ecuador-wine and cheese

We’ll have Ashe county wine tasting here at the New River Vineyard during our Blue Ridge seminars.

Or head south to Ecuador!

international-business-made-ez

Let our friendly staff at our Inn Land of the Sun (formerly Meson de as Flores) serve you.

otavalo-hotel-for-sale

In Cotacachi and surrounds the weather is always spring like.  Here are delegates taking a shirt sleeve, winter break at a hotel for sale on our Imbabura real estate tour.

ecuador-internet-business

Winter is shorts weather on Ecuador’s coast. Here I am working in February at our Ecuador coastal penthouse… shirtsleeves and shorts!

Join us in the mountains and at the sea. Attend more than one seminar and tour and save.

Power of Global Investing Diversification


There is great power in global investing diversification.

Investment-diversification

Sunrise at our North Carolina farm.  We diversify because the sun always shines somewhere.

Pure capitalistic theory says that in the long run… a global economy is good for everyone….overall.

Technology gives us the ability to buy from those who serve us best, wherever they are  in the world.  Why should we buy poorer quality goods locally at a higher price when someone from elsewhere can serve us better and for less.

Plus if we produce something better than anyone else we should be able to sell our product or service anywhere in the world as well.

Floridians and Californians buy apples from Oregon and North Carolina.

Oregonians and North Carolinians buy oranges from Florida or California because these areas each have special advantages… excellent conditions to produce and deliver those fruits clear across a continent, better and for less.

Global market advantages can be based on geography, infrastructure, skills sets, labor costs etc.

The theory of globalization is good but the process is not smooth. Globalization creates unemployment in many places and distorts many economies in the short term.  This usually pushes the process into the political arena and gets governments involved.  Governments often act based on political considerations rather than for good, long term economic reasons.

Plus business if given a chance… does not always encourage a free economy either.  Give big business a monopoly and they’ll tie up free trade even faster and much more efficiently than a government.

There is little, as businesses or investors, that we can do do to change these facts.

We are usually better off to adapt and take advantage of whatever situation exists instead.

This is what creates power in diversification.

Investment-diversification

Sunrise at our Ecuador hacienda.

The sun always shines somewhere. When our business and investments are diversified, we just have a better chance that our investments and business will be somewhere where there the business climate is sunny.

For example… a recent message Ecuador Beats Inflation looked at excerpts from a recent AOL.Money article by Jim Kuhnhenn entitled “White House Projects $9 Trillion Deficit”: In a chilling forecast, the White House is predicting a 10-year federal deficit of $9 trillion — more than the sum of all previous deficits since America’s founding. And it says by the next decade’s end the national debt will equal three-quarters of the entire U.S. economy.  But before President Barack Obama can do much about it, he’ll have to weather recession aftershocks including unemployment that his advisers said Tuesday is still heading for 10 percent.  Overall, White House and congressional budget analysts said in a brace of new estimates that the economy will shrink by 2.5 to 2.8 percent this year even as it begins to climb out of the recession. Those estimates reflect this year’s deeper-than-expected economic plunge.

Yet at the same time a Wall Street Journal article entitled “Ecuador Inflation To End ’09 Below 4%”  By Mercedes Alvaro shows that Ecuador’s economy is growing.
Here is an excerpt: QUITO (Dow Jones)–Ecuador’s inflation rate will end 2009 below 4% and the economy will grow close to 2% this year, President Rafael Correa said Wednesday.

“The annualized inflation will be below 4%,” Correa said late Wednesday in a radio and TV address. “There is not recession. Ecuador will have a growth of about 2%.”  “We have faced the biggest world crisis successfully,” Correa added. Early Wednesday the central bank said the Ecuadorian economy overall is poised to expand 1% in 2009.  Ecuador’s gross domestic product grew 6.52% in 2008 while inflation reached 8.83%.  According to central bank data, Ecuador’s liquid international reserves stood at $4.0 billion as of Aug. 21.  Last week, the central bank president, Carlos Vallejo, said that the government will repatriate in the coming days some $300 million of Ecuador’s liquid reserves invested abroad.  Ecuador’s liquid international reserves include public-sector deposits with the central bank, revenues from oil exports, loans from multilateral lenders and minimum reserve requirements from private banks.  In May, the central bank established a liquidity requirement forcing private banks to keep at least 45% of their assets and investments in Ecuador to draw back cash and boost domestic liquidity.

Investment-diversification

Sunrise on…

Investment-diversification

Sunrise over Mount Imbabura.

Because I am diversified in Ecuador, Georgia, Florida and North Carolina, in 2007, I was selling Florida property at the top of the market.  I was buying Ecuador real estate with those returns. Now that Florida  is down and Ecuador real estate has risen,  I am selling Ecuador real estate and buying in Florida.

A huge portion of all profits in business and investing come from timing.  Most commodity, stock and real estate markets go through ups and downs.  If you plan your investments and liquidity so you sell only at favorable times, global investing diversification enhances your chances of always having assets someplace where there is a seller’s market.

Investment-diversification

Sunrise shot from our hotel Meson de las Flores.

So when you think Ecuador… or Mexico or Panama… or wherever…. also thing diversification.  The sun always shines somewhere and your changes of financial suntans increase when you diversify.

Gary

The greatest asset of all is the ability to labor at what you love wherever you live. This brings everlasting wealth.

This is why we are providing a special three for one offer with our  course Tangled Web… How to Have an Internet Business

This course can help you create your own internet business.

Our emailed course “Tangled Webs We Weave – How to Have Your Own Web Based Business” is a continuing educational program.  You receive the first 28 lessons when you enroll and a new lesson every week or two.

This course teaches how to create a web based business and is developed from the ongoing experiences that we have from our successful and profitable internet business.

This course is well worth the enrollment fee of $299… but currently you also receive two additional courses FREE.

The other two courses are #1: International Business Made EZ, and #2: Self Fulfilled – How to be a Self Publisher.

These two courses have sold for $398 and thousands have paid this price. We add them to your course, at no added cost, as I believe they will help you develop a better business in these crucial times..

Even Better Get All three Courses Free

To make this offer even more compelling,  I am giving everyone who enrolls in our North Carolina or Ecuador International Business & Investing seminar in October or November all three courses, “Tangled Web… How to Have an Internet Business Course,”  “Self Fulfilled- How to be a Self Publisher” and “International Business Made EZ” free.

internet-business-idea We always conduct our autumn North Carolina course on the first weekend of October… the best time to enjoy  the leaf change.

Join us with Jyske Bank and my webmaster David Cross in West Jefferson North Carolina. Learn more about global investing, & how to have an international business at the seminar.

Oct. 9-11 IBEZ North Carolina with our webmaster  David Cross & Thomas Fischer of JGAM

ecuador-tours

You’ll see views like this on your way to West Jefferson for the October seminar.

Or head south to Ecuador!

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October 16-18 Ecuador Southern coastal tour ONLY FOUR SPACES LEFT

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour

ecuador-hotel

In Cotacachi the weather is always spring like.  Here is the village plaza near our hotel Meson de las Flores.

Join us with Peter Laub of Jyske Global Asset Management in Ecuador. Learn more about global investing, how to have an international business at the seminar.

Nov. 6-8 IBEZ Ecuador Seminar

ecuador-hotel

Let our friendly staff at Meson de las Flores serve you.

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

ecuador-hotel

This shorts weather photo was taken from our beach penthouse in February.

Join us in the mountains and at the sea.  Attend more than one seminar and tour and save even more plus get the three emailed courses free.

Attend any two Ecuador seminar 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

Read the entire article Ecuador Inflation To End ’09 Below 4%

Ecuador Investing & Business Idea


Here is an Ecuador investing and  business ideas for Ecuador or anywhere you live.

In a moment, I am going to show you how to own this 16 room hotel in Otavalo for almost nothing… maybe even free.

otavalo-hotel-for-sale

First let’s look at a business idea for this hotel… rootlessness… a growing global problem.

Problems create opportunity so there is business opportunity in rootlessness.

Technology has given mankind the ability to work, live and invest globally… a wonderful benefit.   Yet this mobility has created a problem as well.

One of my messages many years ago (2002) outlined that there would be a growing market for friendship in this modern era.

That message said: The market for friendship has to grow because technology has made society so  mobile. I for example have lost nearly every single really good friend from school.  I haven’t seen most of the friends I grew up with for forty five years. I imagine they still live in Portland, Oregon, but maybe not. They might all have become travelers like myself. Out of a six pack of school buddies, Steve is the only one with whom I keep in touch.

When I moved to North Carolina, I visited the local car mechanic named Jay Dee to have some work done on my 1986 Suzuki Samari Jeep. This is the perfect farm car but often needs work.  Jay Dee’s garage is a barn by his house and local people sort of collect around that barn to shoot the breeze, spit a little tobacco and talk over old times. “Remember old Johnny Blevins and that time he threw you in the creek,” one of them might say. “Well darn that must a been fifty years ago.”

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My Samari… 23 years old and only 62,000 original miles.

I love being with these wonderful mountain people and their easy going, friendly ways. They have such deep roots and ties and are comfortable and at ease with their friends. They know who they are, where they are and who their friends are because they have been with them their entire lives. These people aren’t hanging around Jay Dee just to get their cars fixed. They are enjoying a ritual of friendship that has united them since they were kids.

I love this! My friendships are scattered and far flung all over the world. I sometimes don’t get to see my friends for years!

A huge segment (much of the wealthiest) of the population no longer lives where they were brought up. They have lost touch with their roots.  The more technology removes us from our origins, the more the market for togetherness and friendship grows.

Friendship is an extension of togetherness and can develop around many themes. For the mountain folk of North Carolina or anyone who remains rooted in their birthplace the theme is mostly “down home”.

These friendships are tight and if you have ever heard the phrase “You ain’t from around here are ya, boy,” you have experienced the reverse side of this type of friendship. The implication is that with these long term, locally based friendships, the only way to be a friend is to have been there for years.

Some of the years I lived in Gloucestershire, England were spent in a tiny village named Chalford. I lived over  a local pub there, “The Mechanics Arms.” Though I was a newcomer to the area I was accepted as an old timer because of family ties. One man in his sixties, who visited the pub every night however wasn’t quite part of the crowd.

Many of the locals talked about him as the new man in town. I was surprised later to learn he had lived in Chalford for nearly thirty years!  The locals would always view him as less trustworthy because he had not been born and raised there. Childhood experiences were the basis of their deepest friendships.

Many of us will never have this type of long term familiarity friendship.We have moved around too much. This creates markets for many types of new friendships.

Networking is a form of business friendship. The theme of the friendship is scratch my back and perhaps I can scratch yours or we will both be better off scratching each others’ backs. Such friendships can be local, state or country wide or as mine span the globe. They can be very informal or very formal.

The market for formal friendships has already exploded.  Incredible growth of support groups such as AA are a sign of the momentum in the friendship market. Such groups offer a format for formal friendships and range from disease support groups to abused support groups. Each offers an organized way to have friends. The growth of these groups is not because there are more problems than thirty years ago. The growth is because of the increasing market for friendships.

We can see this trend spreading everywhere. For example one telephone company has recognized this growing trend and has successfully built its business around the idea of calling “family and friends.

This thought (that a market for friendships would grow) was correct.  We see this on the internet with one of the biggest trends being social networking sites.

A recent New York Times article, “Invisible Immigrants, Old and Left With ‘Nobody to Talk To” by Patricia Leigh Brown reveals a sliver of this problem.

Here is an excerpt from this article:   They gather five days a week at a mall called the Hub, sitting on concrete planters and sipping thermoses of chai. These elderly immigrants from India are members of an all-male group called The 100 Years Living Club. They talk about crime in nearby Oakland, the cheapest flights to Delhi and how to deal with recalcitrant daughters-in-law.

Together, they fend off the well of loneliness and isolation that so often accompany the move to this country late in life from distant places, some culturally light years away.

“If I don’t come here, I have sealed lips, nobody to talk to,” said Devendra Singh, a 79-year-old widower. Meeting beside the parking lot, the men were oblivious to their fellow mall rats, backpack-carrying teenagers swigging energy drinks.

In this country of twittering youth, Mr. Singh and his friends form a gathering force: the elderly, who now make up America’s fastest-growing immigrant group. Since 1990, the number of foreign-born people over 65 has grown from 2.7 million to 4.3 million — or about 11 percent of the country’s recently arrived immigrants. Their ranks are expected to swell to 16 million by 2050. In California, one in nearly three seniors is now foreign born, according to a 2007 census survey.

Now let’s look at this 16 room hotel in Otavalo that you can have for almost nothing… maybe even free and how it could offer a business that solves this problem.

First, let me detail the hotel and why a fabulous bargain has come up… and how this hotel can fit into the friendship market.

This  is an really good Ecuador income opportunity, a…

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hotel for sale in Otavalo.

The owners have had this on the market for a number of years at one million dollars. We thought this price was too high and never wrote about it.

Earlier this year they dropped the price to $750,000 and offered us $150,000 commission if we sold it. I wrote then:  The owners offered us a $150,000 commission to sell the hotel. We are not brokers and do not take commission so our reply was “cut the price for our readers”!  This would place the price at $600,000… an interesting value.

$600,000 may have been interesting but the owner now just emailed us and dropped the price to $495,000.  This places the price beyond  an interesting value into the bargain range.

Plus the owners again offered us a commission.  We do not take commissions so whatever (how much commission was not clear) amount they would pay could be deducted from this price.

This makes the hotel a real bargain.

At $750,000 the commission of $150,000 was 20%.  We don’t know of course about the commission, and I didn’t want to wait to verify this because this hotel is valuable, beautiful and it could  work out at about $35 a foot on the building and leaves you the land (which right next to Otavalo market is worth a lot).

Yet there is more. I believe you can get the land and the 16 room hotel for almost nothing.

I’ll explain how below.

First: the hotel details. The hotel is right next to Otavalo Market, one of the largest tourist attractions in Ecuador.

The property has these characteristics:  Appx. 30,000 sq. feet of  land and 12,000 sq.  feet of  building in 3 apartments and 16 hotel rooms.

Property Details:  The property consists of approximately 30,000 square feet of land, with trees, gardens and many types of exotic birds.  The gardens…

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are large… well groomed and…

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have a wonderful patio.

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Ma too likes it there.

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There is approximately 12,000 square feet of solid brick and cement construction.

On the property, there is plenty of room for expansion and development, especially in a town where there is absolutely no land left to develop.  The building is built in the old colonial style with finely crafted hardwood arched windows and doors, rustic floor tile and traditional clay-tiled roof.  The building is constructed according to U.S. anti-seismic standards.

The owner claims this is one of the best built constructions in Otavalo—and one of the prettiest in the city!

The building boasts excellent water pressure on all four floors. (Please don’t pooh pooh this quality!) The building has a powerful, propane gas-fueled boiler system capable of producing up to 700 gallons of hot water a day.  With access to the land/building from two streets, the property has frontage on 3 streets, which have been newly paved by the City of Otavalo.

Characteristics:  16 rooms, large social area (restaurant), large working kitchen, two medium-sized apartments, one large penthouse apartment, small building in back (approximately 250 square meters) that serves as a laundry room and storage facility, which also has a full bathroom and a working fireplace.  This could easily be converted into a small rental property.  Adjacent, yet private, to the main property, and which consists of 350 square meters of our total property, is a working area and parking garage (which can accommodate approximately 6 cars), with clothes lines, and general storage area.

First floor: Consists of large working kitchen, with back door exit to outdoor enclosed pantry/food storage room, laundry area and herb garden.  There is a large dining room (approximately 2,500 square feet) with excellent working fireplace, and space to comfortably entertain 60 or so people.

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Reception.

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Restaurant is beautiful also.

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The dining room leads outside onto the tiled patio and garden where there are tables and chairs for serving and relaxing, and this area may be used to accommodate another 30 or so people.  Also on the first floor there are 8 rooms which have served as hotel rooms, each 55 X 45 feet  in size with large bathrooms.

All rooms face out into the garden and the property is in front of Mount  Imbabura.   Hundreds of hummingbirds and exotic birds roam the grounds.

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Patio seen from one of the three apartments.

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Hotel room…

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shots.

Second floor: There are two spacious apartments, each about 1,100 square feet in size, with glass windows looking down onto the garden.

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Apartment #1 view…

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Apartment#1 bedroom.

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Apartment #1 Living room

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and kitchen.

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Each apartment has a large bathroom and a kitchenette with small balconies in the back.  Also on the second floor there are 8 more rooms, equal to the rooms on the first floor, that open onto a balcony over-looking the garden.

Apartment #2 living room

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Bedroom.

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bathroom.

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Third floor:  There is a very large “penthouse” apartment, approximately 2,250 square feet with large glass windows and a large balcony overlooking the garden.  This apartment has one bathroom with a small adjacent room that may be converted into a sauna, large spacious kitchen and living room, two large bedrooms, and a large working fireplace.

Penthouse…

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views.

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Penthouse.

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Penthouse fireplace.

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Kitchen.

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Penthouse bedroom.

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Extra room.

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Penthouse bedroom #2.

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The Roof: The penthouse apartment has stairs that lead to the roof, where there are two 5,000 gallon reserve tanks for storing water (if needed), as well as more storage space.  As stated before, there is excellent water pressure on all 4 floors.  Also includes a solar hot water system which connects into the boiler system.

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Two 5,000 gallon water storage tanks…

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plus solar water heater.

This is an excellent facility with wonderful grounds in a high priced area..

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Let’s look at the owner’s explanation of why they have lowered the price… then we’ll see how to get this hotel for almost nothing.

Hello Merri and Gary,  This is Margaret from Ali Shungu in Otavalo. I have been living up here on the mountain for about 6 months full time, going back and forth to the Hotel.  I feel better up here in my little house with my projects.   I have been recovering from an illness and have been in the hospital in Quito. They said that if this diverticulitis does not clear up, and it has been bad for about 6 months with 3 months of vomiting, fever, etc.,–that I will need an operation to remove it.  I’m drinking all kinds of herbs and aloe vera cactus and only boiled simple foods, and hoping to heal without an operation.  Did 2 rounds of antibiotics, might have to do more…….I will say though, that the hospital bill was not that bad in Voz Andes for all the tests that I had and treatments, etc.   I will now take care of myself more, and do more praying!  I might need intravenous antibiotics but I do not want to go back to the hospital in Quito.

There you have it… a owner whose health no longer allows them to run the hotel nor wait out a high priced buyer.

Here is how to get this 16 room hotel for almost nothing. I believe that the three apartments, if separated from the hotel and sold on their own, are worth near the price of the hotel.   I do not know the Otavalo real estate market so well…but I have seen the apartments and penthouse and they are exquisite.

If they are and if you can buy this for hotel in the $400,000 range… this means the 16 room hotel, the grounds and the restaurant are almost free.

This will require some negotiating, some work and legal work  (Ecuador lawyers are not very expensive)… but could provide one heck of a deal.

We have put our Ecuador Living subscribers in touch with the sellers.  To gain this contact information you can subscribe to Ecuador Living here.

If the hotel is not under offer, we’ll show it on our upcoming October Andean Real Estate tour.    See tour details here.

Merri and I are not involved financially in any way with this offer.  We have not looked at the hotel’s financial accounts, legal situation, titles, nor had an engineering inspection, so be sure to take all normal precautions if you are interested.  Especially look at the labor obligations you’ll absorb.

Our recommendation for those who are interested in Ecuador is to come visit first… look around… rent and stay awhile… before you buy.  One reason for this recommendation is that when you are here awhile you’ll see bargains… like this and I believe for the reasons stated that Hotel Ali Shungu is now a bargain.

Now let’s see how this creates opportunity from the problem of rootlessness.

Americans and Canadians are flocking to Ecuador.  I know.  Our Ecuador Living business is going wild.  The subscription pace has almost doubled recently and the request for rentals in this area has skyrocketed past our ability to keep up!

The demand is especially strong at the lower income level… those who are retiring and can no longer have a decent life in Canada or the US… especially in places where there is winter sun.

There people are isolated… often not speaking Spanish and with little to do.   So Turn this hotel into a residence for gringos. Provide free internet… US papers…. weekly Spanish lessons… a support program… group tours, travel assistance etc.

There is one more value.  Yesterday’s message How to Make Money in this Multi Currency Era explained how, due to the falling US dollar, Ecuador real estate has become a 10% better value since this last February.

Gary

The greatest asset of all is the ability to earn globally in many currencies.

This is why we are providing a special three for one offer with our  course Tangled Web… How to Have an Internet Business that can help you create your own internet business.

Our emailed course “Tangled Webs We Weave – How to Have Your Own Web Based Business” is a continuing educational program.  You receive the first 28 lessons when you enroll and a new lesson every week or two.

This course teaches how to create a web based business and is developed from the ongoing experiences that we have from our successful and profitable internet business.

This course is well worth the enrollment fee of $299… but currently you also receive two additional courses FREE.

The other two courses are #1: International Business Made EZ, and #2: Self Fulfilled – How to be a Self Publisher.

These two courses have sold for $398 and thousands have paid this price. We add them to your course at no added cost as I believe they will help you develop a better business in these crucial times..

Even Better Get All three Courses Free

To make this offer even more compelling,  I am giving everyone who enrolls in our North Carolina or Ecuador International Business & Investing seminar in October or November all three courses, “Tangled Web… How to Have an Internet Business Course,”  “Self Fulfilled- How to be a Self Publisher” and “International Business Made EZ” free.

Join us with Jyske Bank and my webmaster David Cross in West Jefferson North Carolina. Learn more about global investing, how to have an international business at the seminar.

Oct. 9-11 IBEZ North Carolina with our webmaster  David Cross & Thomas Fischer of JGAM

Or head south to Ecuador!

October 16-18 Ecuador Southern coastal tour

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour

Join us with Peter Laub of Jyske Global Asset Management in Ecuador. Learn more about global investing, how to have an international business at the seminar.

Nov. 6-8 IBEZ Ecuador Seminar

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

Join us in the mountains and at the sea. Attend more than one seminar and tour and save even more plus get the three emailed courses free.

Attend any two Ecuador seminar 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

Read the entire article Invisible Immigrants, Old and Left With ‘Nobody to Talk To here.

Ecuador Spanish


Our Ecuador Spanish course offers a secret that can help keep up  in a fast changing world.

See thirteen important demographic facts below that apply to everyone who has an interest in business and investing.  These facts also reinforce the importance of Spanish as a second language.

Most of the western world is multi lingual… except North America.

Ideally everyone that moved to North America would learn English…. just as North Americans moving to  South America should learn Spanish.

This does not happen in the real world.  Canadians do better if they have some French and Americans… Spanish.

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Enjoy the beauty of Ecuador as you learn.

Whether we like it or not… knowing some Spanish makes us more competitive in our day to day multi lingual world. Technology and the earth’s growing population makes the global economy of increasing importance to mankind’s evolution.   This will increase, not decrease the clash of  languages.

Spanish is the second most spoken language and its importance is growing in the USA.

Here are 13 of 23 facts presented by the Spanish Translation Service that shows why we dare not be a one language person in a multi lingual world.

1.   According to the 2000 Census, for the first time, non-Hispanic whites are the minority population in the 100 largest U.S. cities.

2.    The US Census Bureau predicts that ethnic minorities, encompassing African Americans, Hispanics, and Asian Americans, will represent more than half of the US population by 2040.

3.    Latinos (35 million strong) have increased their presence in the U.S. population by 58% over the last 10 years, and recently surpassed African Americans as the largest ethnic minority (2000 U.S. Census,).  While non-white Hispanic population grew by 3%.

4.    Hispanics are the fastest growing minority group in the U.S. and are projected to contribute two-thirds to the growth in the size of the high-school-age population over the next decade (U.S. Dept. of Education).

5.    In 2000, one of every five new entrants into the workforce was Hispanic (Census).

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Enjoy great food during meals and coffee breaks like this fresh mango and raspberry juice.

6.    In California, the Hispanic/Latino minority population has now become the majority (huge language implications).

7.    Gregory Spencer of the Census Bureau was quoted in newspapers citing changes in the workplace and marketplace and said “if you want to sell things and go where the growth is, about half of your market will be people in their 50’s, and the other half will be the Hispanic and Asian populations.”  According to the Census in 1996 Latinos and Asians will represent more than half of the U.S. population growth every year for the next 50 years.  Source:  Census Bureau, 1996.

8.    The Latino population alone is now 35 million strong in the U.S. with over $45 billion in buying power (2000 Howell).

9.    By 2050, the Census Bureau projects, Hispanics will be about a quarter of the U.S. population and blacks less than a sixth.

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Our Spanish course is conducted at the Cotacachi Museum which is…

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next door to Meson de las Flores.

10.    Hispanic American purchasing power is growing at two times the rate of general public.

11.    Latinos grew at four times the rate as the national population between 2000 and 2002, according to information released this week by the U.S. Census Bureau (2003 DiversityInc.com).

12.    “The official population estimates now indicate that the Hispanic community is the nation’s largest minority community,” said Census Bureau Director Louis Kincannon in a statement (2003 DiversityInc.com).

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We travel to markets each day and on our real estate tours by luxury coach.

13.    While the U.S. population as a whole is getting older because of the aging Baby-Boomer population, the Latino population is getting younger. More than one-in-three (34.4 percent) of the Latino population in the United States is under the age of 18. This ranges from 37.1 percent of Mexican Americans below the age of 18 to 19.6 percent for Cuban Americans below that age.

Spanish is the second most important language in the world. Yet our educational system did not teach us how to communicate with or understand this culture. Learning Spanish is valuable, important and can be fun!

You can attend our last 2009 Super Thinking + Spanish course (that helps you learn Spanish in less than a week)  this September 17 to 22, 2009. (Arrive Quito Sept. 16. Depart Sept.  22 or 23, 2009).

Even better we have created a special program so you can also attend our September real estate tours, that take place right after the Spanish course, (September 23 – 24 Ibarra real estate tour and  September 25-28 Ecuador coastal real estate tour) at a substantial discount.

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See real estate for sale ranging from small houses like this, to…

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gated communities to this hotel to…

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organic farms, to…

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property on this beach and…

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property in Manta.

Enjoy up to 11 days of great Ecuador weather, solve one of the biggest communications problems that face a great deal of the English speaking civilization, plus learn the Ecuador real estate markets.

This is way to enjoy the cool mountains, bask in the warm Andean sun and learn Spanish and Ecuador real estate.

This allows you to really zero in and refine Spanish with the Spanish course first. Then you put what they have learned into practice the remaining days they are in Ecuador.  To attend all three courses would normally cost $1,797 for one person or $2,497 for a couple. 

This price compared to many seminars is already low and represents a considerable savings. Under our special multi course adventure you can save up to $648.

This makes it entirely possible to spend time in Ecuador, gain valuable knowledge about health and wealth, plus perfect your Spanish.

We hope you will join us in Ecuador.

Gary

Super Thinking + Spanish: Sept. 17 to 22, 2009. (Arrive Quito Sept. 16. Depart Sept.  22 or 23 2009). Enroll here

September 23 – 24 Ibarra real estate tour $499 or $749 for two  Ibarra real estate tour

September 25-28 Ecuador coastal real estate tour  $499 or $749 couple. Enroll here.

Here are your multi tour savings.

Attend any two Ecuador courses or tours…$999 for one.  (save $299).

$1,399 for two (save $349).

Attend any three Ecuador courses or tours…$1,199 for one.  (save $598.)

$1,749 for two (save $648).

Read all 23 facts presented by the Spanish Translation Service that shows why we dare not be a one language person in a multi lingual world.

Ecuador’s Got Milk & Honey


Ecuador is the land of milk and honey for less… really.

In a moment we’ll look at some global investing ideas. Or you can skip Ecuador milk and go directly to Global Investment Thought.

First, how about some raw milk?

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Our hotel Meson de las Flores makes its own ice cream with fresh raw milk from local diaries, plus they…

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make and press their own fresh butter.

Our health is enhanced with raw milk and in Ecuador raw milk is easy to obtain. We get it for the hotel every day. The cost is about 45 cents a quart, delivered fresh daily from the local dairy.

In the US, it’s a task.  To get it in North Carolina, we have to buy it from a friend of a friend who will not say who produces the raw milk.

In Florida I noticed a health food store selling raw milk and raw organic yogurt labeled “for pet use only.”   We used to buy our French salt in a similar way “for deer licks only”!

How sad that informed adults have to play such games to get what is good that they want.

There is very little raw milk sold in America and this is sad as it’s a highly health-promoting food. The government story is that raw milk can carry disease. More to the point pasteurizing milk extends shelf life and makes it easier for big business to be more profitable.

One can become sick from any contaminated food as the nation has learned from meat, spinach and peanut butter all to well.

In California where raw milk can be sold, millions have consumed it without a single person getting sick. During the same period, there were many instances where people became so ill from pasteurized milk they died!

Raw milk provides minerals, beneficial bacteria such as lactobacillus acidolphilus, vitamins and enzymes and in Ayurved is considered one of the best foods there is. Pasteurized non organic milk is viewed as poison as the process changes the structure of the milk proteins and destroys the milk’s beneficial bacteria.

Pasteurized cow’s milk has been associated with intestinal distress, iron-deficiency anemia, allergies, osteoporosis, arthritis, heart disease, cancer and more.

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With so much sun and plenty of rain, the grass is rich, even in Cotacachi at 7,500 feet altitude for…

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these organic cows.

Raw Milk Delight

One great food made from raw milk was taught to Merri and me by a shaman here in Ecuador. I call it Sun Yogurt. Get raw milk. Boil it. Let it cool. Pour it in a green bottle. Add a bit of yogurt if you wish. Set it in the sun for the day. That night you will have a rich creamy almost custard yogurt! It’s rich and delicious.

In Ecuador we buy fresh, raw milk by the pail full… creamy to make our own butter, ice cream and yogurt.

There is great fresh, non fermented (queso fresco) cheese in the markets.

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Nearby our hotel there is also organic dairy and Swiss cheese factory. Here is the barnyard and…

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here are their cows.

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Their equipment.

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Their cave filled with great Swiss cheese.

Ecuador-milk

We serve this Ecuador cheese at our hotel.

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Ecuador also has really great honey that creates some export income opportunity… like this honey and Macadamia nuts offered by the Ecuador Honey Company. We”ll look at this in more detail in tomorrow’s message.

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Learn more about our Oct. 21-24 Ecuador Import Export Tour here

Global Investment Thought

Jyske Global Asset Management’s recent update points out what is becoming obvious… the global economy is picking up.  JGAM said:

*  The Case-Shiller U.S. home price index rose for the second month in a row in June.

* The German IFO business confidence survey came in above expectations, rising for a fifth month in a row.

* Australia’s leading economic indicators continue to suggest a broad recovery over the coming months.

* BCA’s (Bank Credit Analyst) Global Inflation Diffusion Index highlights that most components are falling. Furthermore, inflation typically responds to fluctuations in growth with a 1-1½ year lag, and this time around there is greater slack in the global economy.

In other words, the economy is recovering and inflation is down.

The immediate risks are that traditionally September and October are the most dangerous months for the US stock market.   Signs of a double dip recession coinciding with the traditional market dip could create a new wave of self fulfilling fear.

This will create a good buying opportunity both in equities and real estate.

What’s a Double Dip?

I rarely allow myself to eat ice cream but recently while visiting grand kids, we took them to a Creamery and can attest to the fact that a Sweet Cream and Chocolate double dip on a waffle cone is,  taste wise, pretty darn good.

Double Dips in the global economy do not bode so well, however.

A recession is a time of economic contraction and have always been followed by a return to economic expansion.  However once in awhile when economic distortions that are being sorted out are severe, when the expansion finally starts, it does not continue.   The economy contracts and dips back into recession again.

Economies now are improving globally.  Yet unemployment and foreclosures remain a problem.  Later this year  a second “double dip” recession could return as it did in 1980, then again in  1981-82.

Current conditions are quite different now than in the early 1980s, the 1980-1983 downturn was eventually turned around with major federal spending and a major tax cut.

The period 2007-2010 cannot expect the tax cut which is a shame because Federal spending tends to be less efficient than tax cuts, Federal spending is usually inefficient. Tax cuts stimulate business and inroads into new forms of productivity.

Stock markets tend to do well (as they are now) in the middle of recessions. During the worst of all 1930s depression, the Dow rose 66.7 percent in 1933 and 38.5 percent in 1935. This is because big value oriented investors look ahead.  Eventually economies recover and  grow. This is when value investors cash in.

Yet the poor employment scenario suggests that the equity recovery could be modest.  If this fact teams up with the nervousness acquired in 2008 and the autumnal downward forces… the most likely time for a market set back will be September and October.

With this in mind… values are good now for investors who can afford to buy and ride through another downturn that could last a year or so.

Until next message, may all you life be rich and delicious.

Gary

The greatest asset of all is the ability to earn wherever you live, which brings everlasting wealth.

This is why we offer our course Tangled Web… How to Have an Internet Business.

A clear mind and healthy body are also a vital assets… plus a second language is a powerful diversification tool.

This is why if  you attend either our Ecuador Super Thinking plus Spanish seminar in September or our North Carolina International Business & Investing seminar in October I will email you our Tangled Web… How to Have an Internet Business Course (offered at $299) free. You save $299.

Here are comments from a reader about the way we help:  Hi Merri, I wanted to thank you once again for your recommendation
 that I try Sol de Vida. I have had time for thirteen treatments but 
now it’s time for me to return home. The people there are wonderful 
and I’m happy to say there has been a dramatic improvement in my
(used-to-be) “bum” leg.  I can now walk much longer distances and
 remain pain free!
 
FYI, Sol de Vida changed to a  new facility near Meson.  

I enjoyed my stay here at Meson and in Cotacachi and hope to return
 sometime soon… thanks again for your assistance!

Join us at a seminar and tour and have a pain reduction treatment at the same time.

Sept. 17-21 Ecuador Super Thinking + Spanish Course

Sept. 23-24 Imbabura Real Estate Tour

Sept. 25-28 Ecuador Coastal Real Estate Tour

Learn more about global investing, how to have an international business and diversification in Ecuador at the seminar.

Oct. 9-11 IBEZ North Carolina with our webmaster  David Cross & Thomas Fischer of JGAM

October 16-18 Ecuador Southern coastal tour (early sign up before Sept. 1, $499 per person).

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour

Nov. 6-8 IBEZ Ecuador Seminar

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

Attend any two Ecuador seminar 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

Ecuador Export & Southern Coastal Tour


We have added an October Ecuador southern coastal and a northern Andes real estate tour to our 2009 schedule.

This southern coastal tour will be conducted just before our final Ecuador export tour of the year conducted October 21 to 25.  The Andes real estate tour will be conducted just after the export tour so you can attend all three.

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We’ll see fine gold encrusted art on the export tour.

Maggie Beesley conducts our export tours and she just sent me this note.

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Leather products of all types.

Value, Value, Value.  Today’s economy has us all looking for value in everything.  In reading Gary Scott’s emails for the last two weeks, we are all learning about ways to help our dollars to go farther, as well as how and where to get wise values.

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Wood carving.

October 21st thru October 24th we will be conducting another Import/Export class in Cotacachi, Ecuador.

If you are a reader of International Living, or Gary’s Ecuador Living, you know Ecuador is rated the number one country in the Retirement Index.

What does this mean?

Value is here, prices are incredible, cost of living anyone can afford and wonderful shopping.

Who should come to the class, why you should come, and what you will learn?

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Botanical art.

In other words…what is this class all about?

•    Creating income
•    Finding those “one of a kind” treasures
•    Having fun doing the above two things

Of course, those are only three things.  You are going to learn to recognize true “finds”….know what your market will buy, and get all these wonderful treasures in your suitcase home safe and sound.

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Ceramics.

We all know shopping is much different today than it was this time last year.  Last year we were still charging whatever we wanted.  This year we are paying cash for whatever we want.  People never spend as much if paying with cash.  So our mission in class is to find things for your market that are affordable, attractive, AND your people will happily hand over those hard earned dollars still allowing you a nice profit.

As I said this time last year, the main question I was asked “Do you take credit cards?”

I did a Bazaar yesterday and not one person charged anything.  The phrase of the day was “if I can’t pay cash for it, I won’t buy it.”  So right away I know some of the high end items that were selling left and right this time last year aren’t going to be my main sales today.

What have I learned?

Always be prepared to offer less expensive alternatives…not less quality, just more affordable for this cash market we are in.  The Credit Card Machine that was a must last year is an unneeded start up expense to you right now.

Don’t waste your money.  Plus the beauty of cash is that there are no additional charges from your bank to process those charges.  All a little more profit for you.  Yesterday at the Bazaar there were 16 vendors and I was the only one who had a credit card machine, and it sat, meaning at the end of the month, that “sitting” charge will cost me $48.00.

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Jewelry

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of many types.

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Now for this class there is a little homework, but fun homework.

FIRST ASSIGNMENT…..I want each of you to think about what you would buy today?

I am not talking about groceries.

Ladies, is it that “to die for” pair of boots on sale, perhaps a leather purse, maybe a wrap for early fall, or decorations for the December holidays?

Guys, what would you buy today? Boots, new billfold/wallet, leather sports jacket, sweater? Just think about what you would spend your hard earned dollars on.

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Top quality hand made suits at really low prices. This suit in french wool cost $135.

Your needs and wants are probably what will sell in your market, and that is what we need to look for.

Knowing your market is probably the most important knowledge you will take with you when making those purchases for resale.  Many of you already know about my red cape.  I love my red cape, however up in the Northeast my buyers are a little more conservative and red is not necessarily their first color of choice.

Gary Scott told me all about knowing my market, but I just love red.  I purchased 6 red alpaca capes plus 1 beige,  1 sage, 1 tan, 1 navy, and 2 black.

Yes you guessed it.

The red capes sat for a bit, but the neutral colors sold instantly and I could have sold more.  So I lost sales, and warehoused those 6 red capes until Christmas.  Moral to this story, please know your market.

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Flowers.

Your SECOND ASSIGNMENT… Please walk around your shopping areas and notice what colors people are wearing. Go into the stores and see what is on display.  Look at every catalogue you get.  What are those colors everyone is looking at?  Purple is huge again in the catalogues and stores, but do you see your market going with the fashion trends?

Look at accessories.

Scarves, jewelry, purses, shawls and make note of the prices.  Accessories have a very high markup, and this is where we can really make our money.

You all have your assignments, so get to work.  In class I want to see pictures you have cut out of catalogues, and let’s see if we can’t find those same items in Ecuador for much better prices.  It is fun!

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Textiles of…

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many

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types.

Look forward to seeing many of you in Ecuador.  By the way, if you haven’t made your flight reservations, there is what I call an “airplane sale” going right now for flights into South America. Grab those lower prices…and you just saved some money.  Maggie Beesley

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Crafts of all sorts and much… much more.

You can enroll in the Ecuador Export Tour here.

Before Maggie’s Export tour you can join Amy Pinoargote and Mike Sager  for the Ecuador southern coastal tour.

We have been our expanding our focus in Ecuador and now are helping readers look in the southern coastal areas.

Ecuador beach property has always represented incredible value and this expansion means we can help readers see a much larger part of the Ecuador coast.

We are also adding an October northern Andes real estate tour as you will see below.

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Those who have been reading our messages for any length of time know that we have focused our efforts on the middle portion of Ecuador’s beach from Manta to Bahia in the province of Manabi.

However there are many other great Ecuador beach areas that some of you want to visit.

I recently sent readers an article “SEE SALINAS LIKE A LOCAL” by Amy Pinoargote  that said:

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The Salinas Malecon area has long been a favorite destination.

Salinas is one of the favorite in Ecuador for good reasons.  It has beautiful beaches, with calm waters perfect for swimming, water sports, activities or just relaxing.   Along the Malecon, or beachfront promenade, you will find a variety of restaurants, hotels, bars and other attractions.  During the summer season there is even a giant sandcastle.  If you “tip” the sculptor $1, he will take your photo.  However, to really enjoy all that Salinas has to offer, you need to get to know it like a local.

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Pose for a photo by the giant sandcastle

Salinas at a Glance

There are two seasons in Ecuador.  Summer runs from December to April and winter from May to November.  The summer in Salinas is usually sunny, with occasional showers.  Daytime temperatures reach the low to mid 80s and nighttime temperatures run in the low 70s.  The winter tends to be overcast to partially sunny, but not rainy.  The winter is actually the drier time of the year and temperatures run about 10 degrees cooler than during the summer.   Because Salinas is semi-arid, it doesn’t experience sticky, tropical humidity.  This makes a comfortable environment for outdoor activities all year long.

As with most beach towns, the dress code in Salinas is casual.  It is perfectly fine to go from beach to restaurant.  Along with your swimsuit, pack plenty of shorts and short sleeved shirts, plus pants and long sleeves if you are visiting in the winter months.   Have a sweater handy, as some days are cooler than others.

Where to Eat

The Salinas area is a prime spot to enjoy fresh fish and seafood, as well as other Ecuadorian specialties.

A great spot to sample those specialties is Delícias de Ecuador, located near the entrance to the Costa de Oro neighborhood on the main road that runs from Salinas to La Libertad.

Prices here are very reasonable.  The daily lunch special or “Almuerzo” includes a soup, entrée and beverage, usually priced at $2.50.

Don’t ask for changes or substitutions on the lunch special; it comes the way it is.  Other options include Seco de Pollo, which is chicken stewed in a tomato-based sauce, and Menestra, lentils or beans served with your choice of grilled chicken, beef or fish.

If a relaxing lunch at the beach, complete with a hammock for a post-meal siesta is your style, drive about 30 minutes north of Salinas to San Pablo.  In this fishing village you will find cabana style restaurants right on the sand, specializing in fresh fish and seafood.

Las Manabas restaurant is one of the best.  If you can’t decide what to order from the extensive menu, try the Chupe de Pescado (fish stew) or Corvina (a mild tasting sea bass), cooked to order.  Most meals run between $3 and $5.

Ecuadorians typically eat a big meal at lunch and a light dinner.

Roca Parilla is the spot to enjoy an Ecuadorian style dinner.  Located a block off the Malecon, it opens at about 6 p.m.  Place your order at the counter, then take your receipt to the grill.  Specialties, which are typically priced from 50 cents to $1 each, include:

Chuzos -shrimp, chicken, beef or sausage grilled on a skewer
Torta de Papa – potato pancake filled with cheese
Torta de Choclo – corn pancake (this one is usually a favorite!)
Muchín – a yucca croquet filled with cheese

No trip to Salinas is complete without a visit to the Cevicherías, casual outdoor eating areas a few blocks off the Malecon that specialize in ceviche.  Shrimp ceviche in a tangy salsa is a good choice.  Shellfish and fish ceviche are also available.  Be aware that the shellfish or fish will not be cooked in the traditional manner.  The citrus juice in the salsa is said to “cook” the fish.  If you have concerns about eating uncooked fish, go with the shrimp version, which is cooked.

Things to See

If you want to browse for souvenirs, visit Mercado de Artesanias, an outdoor flea market in the Chipipe area of Salinas, where you can buy a variety of Ecuadorian handicrafts.

To get a glimpse of days gone by, visit the Museo de Sumpa.  This small, but well thought out museum features exhibits of artifacts from the early residents of the Santa Elena peninsula, including the Las Vegas culture.  It also features a Las Vegas burial site of the “lovers of Sumpa,” mummified remains of two people that appear to have died in an embrace.  You can also tour a cane dwelling typical of those built by the early settlers.

Enjoy a relaxing evening drive a few miles across the Santa Elena peninsula to the Punta Carnero beach, where you can see some of the most beautiful sunsets in Ecuador.  On your way back to Salinas, pass by the Malecon of La Libertad and stop for an evening stroll.

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Whether dining, sunsets or beach activities are your idea of a fun time, you will find it in Salinas.

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Gerardo & Amy Pinoargote spend their time between their home in Florida and Salinas and together with relatives are building and managing Spondylus II, a small beachfront development in the Costa de Oro area of Salinas, about 2 miles from the Malecon.

This is an area they like due to its privacy, great beach for walking, sunbathing and water sports. Yet it is just a short ride to dining and shopping in the central area.

Spondylus II  is a family business consisting of three towers. Tower A1 is sold out, except for a ground floor ocean front 1000 square foot unit. Several one and two bedroom suites are still available in tower A2, priced from $49,500 to $50,500.

Larger 1300 square foot units are also still available, priced under $110,000. Tower B has just been release for sale and features larger units (1400 – 1500 square feet), in the $120,000 – $135,000 price range.

Spondylus II offers the following amenities… beachfront pool & social area, a workout center, 24 hour security and the Pacific Ocean as a front yard.  All units feature granite kitchen counter tops, tile floors, tile baths, inset ceiling light fixtures and wooden kitchen cabinets.

Now it is possible to see Salinas like a local with Amy and her husband acting as your hosts and guides.

Amy and Gerardo Pinoargote, along with American real estate broker, Mike Sager, will conduct a Ecuador southern coastal real estate tour October 15th through 18th.

On this tour you can get to know Salinas property and the real estate along the beaches north of Salinas.

This is an opportunity to view more than a dozen properties and get tips from experts who are living in this area right now.  You save time, risk and zero in with help from those “in the know”.

The tour makes your real estate investigation efficient and productive but also allows time for relaxing in the evenings and enjoying the beaches.  Plus as you’ll see in a moment could save you thousands should you ever decide to buy in this area.

Here are a few of the properties you’ll see:

•    New 2 bedroom condo located directly on a tranquil beach in popular Salinas… $55,000.

•    3 bedroom, 3 bathroom house with ocean views in the most popular complex in Olon…. $100,000.

•    Large house on a ¼ acre lot near Montanita, complete with basketball court, ample parking and caretaker’s cottage that could be a bed & breakfast… $250,000.

The southern coastal tour package includes three nights accommodations:

Thursday, October 15 –  The tour fee includes a room at the Castel or similar hotel in Guayaquil.
Friday, October 16 – breakfast, transportation from Guayaquil to Salinas, lunch, Salinas area property viewings, happy hour and night’s stay at Coco’s or similar hotel in Salinas.

Saturday, October 17 – breakfast, Ruta de Sol property viewings (Ballenita to Montanita), lunch, night’s stay at Charo’s or similar hotel in Montanita.

Sunday, October 18 – breakfast, Olon area property viewings, lunch, tour of Salinas , return transportation to Guayaquil, night’s stay at the Castel or similar hotel in Guayaquil.

The tour will be limited in size but you can assure a space and save $100 if you reserve by September 1.

If you enroll today, the fee is $499 for one $998 for two.

Tomorrow the tour fee rises to $599 for one and $1,198 for two.

See how to save even more on multiple tours below.

The tour package does not include your flight.  You should plan to fly into Guayaquil on October 15th and depart from there on the 19th.  If you are attending the export and/or Andean tour we’ll help you join other delegates in Quito.

Save 2% on real estate purchase.

We are promoting this tour in cooperation with Gerardo, Amy and Mike and when we promote outside tours, we always ask for the tour operator to give something special to our Ecuador Living subscribers.

In this case,  Amy & Gerardo will provide Ecuador Living subscribers a 2% discount on any  Spondylus II condo purchase. This is possible because we do not accept real estate commissions and ask that the benefit of exposure to our large readership (this message will reach 16,572 readers) be pass onto our Ecuador Living subscribers.

Your tour does not have to end on the southern beach. As mentioned, you can then continue to Quito and Cotacachi for our October 21 to 24 Ecuador export tour.

Still more… Imbabura Real Estate Tour

Finally you can also join our October Imbabura real estate tour October 25-26, where we have also convinced developers and real estate sellers to pass savings along to our tour delegates in the form of  discounts.  For example the Prima Vera condos also offer a 2% discount to buyers from our tours.

Join us for one, two or all three tours.  Reduced tour fees apply for attending two or three tours.

October 16-18 Ecuador Southern coastal tour (early sign up before Sept. 1, $499 per person).

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour

Attend any two Ecuador seminar 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.

Gary

Ecuador Scams


Ecuador scams are like scams anywhere in the world… best avoided.

There are enough scams in the world that we have no control over like… Madoff…  like Federal spending… like Social Security… like underfunded pensions.

Yet we can avoid scams  that we would otherwise bring on ourselves.

Decades ago we learned that there are many scams in investment markets which is why we have always focused on working with large, experienced global firms like Jyske Bank.

Here are delegates chatting in the courtyard of Meson de las Flores with Peter Laub of Jyske Global Asset Management during an IBEZ Ecuador course.

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Yet scams go way beyond the investing community and they are everywhere… including Ecuador.

When one moves to a new place… it is hard to know all the ropes. This is a bit frightening and often leads new arrivals or investors to depend more on other expats.

This can be a huge error… because Ecuador scams… or scams anywhere are promoted as often by other expats as they are by local residents.  

People are not more honest just because they come from the same country you do.

I learned this the hard way when I moved to Hong Kong almost 41 years ago.

I had a really wonderful apartment in the mid levels of Hong Kong on Bowen Road.  “Bowen Do Ng Ho” (Bowen Road #5 – This is the last of my Cantonese!)  We had an extra bedroom we rented to a very nice American woman. She met a guy who became her boyfriend… a redheaded freckled guy I recall. He was an architect… so he said… with a San Francisco firm arriving in Hong Kong to build a skyscraper.  He was a very pleasant fellow… a “jolly chap” my British friends used to say.

Somehow, for the financing, the woman, who rented our apartment, became involved. To make a long story short… the guy (and the financing) disappeared.  Huge bills owing were strewn around town.  The woman, who rented our apartment, was devastated and left on the hook.  We had all been fooled until days after this con artist fled.  We had all felt more comfortable since we were dealing with what we thought was a “known”…someone from our own culture.

So my ears perked up when a reader wrote to me after our latest Ecuador Visa Update.

“Gary, When I read your newsletter today, I was hoping you would say something about the cost of a visa.  Unfortunately, there are people who are promising newcomers a resident’s visa for $7000.  I’ve never heard of anyone paying more than $2000 for a resident’s visa, no matter which lawyer they used.

The reader went on to say that one  couple discovered this scam and tried to back out of the contract.  This elderly couple was threatened by a lawsuit.

I do not have all the facts so cannot be sure if this is a pure scam… just really unfair pricing or if more than just a visa was offered, but $7,000 seemed awfully high if all that was provided was just a resident visa.  I immediately wrote to the three attorneys who advise us in Ecuador to check on the price.

Although we were totally unaware of any of this, it did remind us that all of us should always take care and do our research when we move or visit other countries.  This is what I wrote to the 3 attorneys that we use:

“I would like to inform readers about what is a reasonable amount they should expect to pay for a resident visa.  Could you provide this?  Regards, Gary”

The first reply came from our attorney, Dr. Andres Cordova. He wrote:  Dear Gary:  If this story is true then it’s terrible. Poor people. They can contact me immediately and I will take care of them.  I will review their case for free.  It may be possible that these possible scammers are doing things under the
table, cutting corners. This would be bad, but instilling fear on clients is beyond reproachable.

Lawyers would normally charge between $800 and $1.000 for a visa, including for a family. In some cases where there is an added complication the cost may be a little bit higher.

Some bigger law firms may charge between $2,000 and $4,000 for a visa but normally when obtained of behalf of major investors, corporate CEOs, etc.  I believe $800 to $1.500 is reasonable. We charge $800 to $1.000.  Regarding expenses, they are of about $350 per visa plus some $100 in general, for the whole family.  Best regards, Andres.

This is very kind of Andres to offer free legal assistance. He has helped so many of our readers in the past. See ways he has helped readers here.

Another excellent and reliable attorney, Roberto Moreno, wrote:   Gary,  Yes, $7000 is absolutely out of range. Depending on the visa we charge from US$900 to US$1200.  Also, it is important to inform the readers that some lawyers will just obtain visas with few requirements, especially in Guayaquil.  The risk is that the visa could be removed later on. We prefer now to obtained all the visas for our clients at the immigration office in Quito.

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Gary Scott and immigration attorney, Roberto Moreno, at Meson.

Learn more about Roberto and his firm here.

The third attorney, Floridalva Zambrano wrote:

Hi Gary, This is a terrible thing!!  Your reader is correct,  the cost of obtaining a resident  visa, including attorney fees,  fluctuates between $1,200 and $2,000, being this last one a very high one.  We usually charge  about $1,300.  Checking with other attorneys  from Quito this is the the standard cost.  Hope this helps!!

Here is one of our Ecuador real estate tours meeting with our attorney, Floridalva Zambrano.

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Flori is one of the few attorneys with such experience that when she conveys a property, a US title insurance company will provide US title insurance.

Learn about Flori’s law firm here.

There you have it… three very reliable Ecuador law firms charge about $1,200 for a resident visa.  Whether you feel someone charging much more is a scam or not is up to you… but when you move to Ecuador or anywhere that is new… you are more vulnerable so watch out for price gouging and scams.

Gary

One benefit of an Ecuador Living subscription is that we do not take commissions or kickbacks on real estate, legal work, hotel or tour reservations… or anything.  There are no hidden agendas.   We even donated our hotel to a foundation to help promote employment in Ecuador so we do not even make a penny from the income at Meson de las Flores.    Our goal is to help our readers enjoy safe, easy, profitable, low cost journeys to Ecuador.  Learn more about our Ecuador Living Service here.

The greatest asset of all is the ability to earn wherever you live, which brings everlasting wealth.

This is why we offer our course Tangled Web… How to Have an Internet Business.

A clear mind and healthy body are also a vital assets… plus a second language is a powerful diversification tool.

This is why I am willing to pay you $300 to attend either our Ecuador Super Thinking plus Spanish seminar in September or our North Carolina International Business & Investing seminar in October.  Sign up for either seminar and I will email you our Tangled Web… How to Have an Internet Business Course (offered at $299) free plus I’ll knock an extra dollar off your seminar fee…. to round up the $300 savings.

Here are comments from a reader about the way we help:  Merri, I am sitting here with a smile on my face.  I am always amazed at the turn around that I get from my emails to you.  I know you are busy with all of the projects that you and Gary address on a daily basis and appreciate very much you making time for mine.

Sept. 17-21 Ecuador Super Thinking + Spanish Course

Sept. 23-24 Imbabura Real Estate Tour

Sept. 25-28 Ecuador Coastal Real Estate Tour

Learn more about global investing, how to have an international business and diversification in Ecuador at the seminar.

Oct. 9-11 IBEZ North Carolina with our webmaster  David Cross & Thomas Fischer of JGAM

October 16-18 Ecuador Southern coastal tour (early sign up before Sept. 1, $499 per person).

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour

Nov. 6-8 IBEZ Ecuador Seminar

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

Attend any two Ecuador seminar 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

Ecuador Longevity & Smalltown US Value


Ecuador has many valleys of longevity… but it is more than just the valley that enhances the long lives there. There are at least three longevity secrets.

Because of big value changes, in a moment we’ll look at real estate value in Smalltown USA compared to Ecuador property.

First, the three Ecuador longevity secrets.

Secret #1 is a restricted diet with a reduced caloric intake.

Secret #2 is live with ritual! Those who live extra ordinarily long lives seem to share this common trait. Whatever they do they do in moderation, in a very similar way and with great gusto. For example, if they drink an ounce of whiskey every day, at six o clock, they do not do this at five some days and eight others. They do not have a half ounce one day and two another. They tend to have one ounce at six p.m. every day. This instills discipline, keeps life simple (very important) and allows the body to get used to doing whatever it is it has to do.

Take Chris Mortensen one of the oldest documented men in the 1990s who at 113 said of his weekly cigar, “If you take my weekly cigar away from I am going to die”. The anticipation and ritual of whatever pleasure he received from this was far more life giving than the stress. The world’s oldest documented woman in the 1990s, Jeanne Clement, at age 122 drank cognac and ate a pound of chocolate a week (but never two).

One good ritual is to do EZ exercises that keep all the muscle groups flexible… such as the sun salute.

sun-salute

Here…

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are the…

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postures…

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of…

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of…

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the…

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Sun…

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Salute.

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You can see another example of the Sun Salute See http://www.garyascott.com/images/sunsalute.jpg

Ecuador shamans also exercise their legs.  One thing  I do when meeting an Ecuador shaman is observe his legs.  My experience is that the most knowledgeable taita yatchaks exercise their legs. They believe them to be man’s root to the earth… channels for the earth energy.

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I also notice that they walk barefoot a lot.

This taita yatchak is very elderly but his leg muscles are still highly developed and he is easily walking on rocks.

So…  whenever we can, Merri and I take off the insulation between us and earth and walk barefoot.

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An EZ leg exercise taught to me by an Ecuador shaman is called the Llama Walk.

This exercise…

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helps strengthen the legs.

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Bend one knee to touch the heel of the other foot, but…

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do not perform too many to start.  Otherwise you may have some very sore legs the next day.

Remember start EZ.

Longevity Secret #3 is to remain independent, challenged, active and needed. One of the most important features found in societies where residents are long lived is that old age is revered.

People at age 100, even 110 can still active and working!

I collect stories of long lived people… such as Max Zimmer of Los Angeles who came to the US from Austria in 1911 with only a two dollar bill. At age 103 he still had the same two-dollar bill and had built and still ran a multimillion-dollar business.

This is one reason why Merri and I focus on turning passions into profit!

Having something fun and interesting to do every day that also erases financial worries makes it fun to remain alive.

The greatest asset of all, is the ability to earn wherever you live, brings everlasting wealth. This is why we offer our course Tangled Web… How to Have an Internet Business.

SmallTown USA

Today’s message was posted much later than the norm because all last week we were in Oregon helping my sister and daughter get my mom out of the hospital system where she has been since April.  We were pretty busy taking her to assisted living homes, buying her new furniture and getting her moved from her house of 42 years to her new apartment.  We managed to get this all in and send my message at its normal time, but finally yesterday the Portland-LA-Cincinnati-Tri Cities trip threw us off schedule.

I mention this because I am sure that many of you who love Ecuador (or the idea of living abroad) have many ties (as we do) here in the US.   So it takes time to make your move or the best you can do is to live abroad (as we do) part time.

Though we have always lived a global life,  last February I wrote in an article Ecuador Shamans & Truth, why Merri and I are redirecting some of our focus back to the US from Ecuador.

Never Fear! The US, especially Small Town USA, is a great place to be.   Fortunately we sold all of our Florida property at the top of the market, in March 2007, so since this spring we have been looking to buy back a winter home.

There have been some substantial changes in real estate value since 2007 as you will see  below.

We find that Florida real estate prices are still falling!

Merri writes about this process and one house we have been tracking.

This house is in Winter Haven, Florida.

On the Road again…

For all of you out there who continue to ask, “Bought anything yet in Florida?”…the answer is NO.

We’ve had a few blips on the screen with necessary trips to Oregon for Gary’s mom and courses that we’ve conducted plus our daughter, Francesca, home from Africa for a visit.  Then Jacob, just finishing up law school, came over to NC for the summer.

It’s been a busy time but a good and productive one…but absolutely no time for house hunting.

We really are serious about buying that home on the lake in Florida…and we do have to have it by November.  I’ve been feeling guilty and a little nervous because there was no time to spend on the search.

Today, I finally had a tiny bit of time and jumped right back in.

Here’s what I discovered, of the original 21 we were considering from April, only one is sold or for some reason is off the market….nothing really lost there for sure.

The others have dropped in price since I’ve been looking $50,000, $70,000, $100,000, $300,000 and one a whopping $495,000!

Hey, I ceased berating myself for not spending enough time on this situation.

Here’s one below which we will not be buying as Gary would rather be on a smaller lake rather than this extremely large lake but wow is it beautiful and look at the price!

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Side view.

We looked at it in April and thought the neighborhood was charming, wonderful for long private walks (Interlaken) and it has a feeling of being a settled neighborhood.  We loved the features of this house with its guest quarters (something high on our list), boat dock, and ambiance.

When I first spotted it, it reminded me of a house that we knew and loved tucked on a hillside in the French Rivieria…charming, low key and so so pretty.  (Actually, I fell in love with this house at its original offering price of $599,000.)

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Lake view and dock.

It’s in Winter Haven in Central Florida which offers proximity to Tampa Airport (an excellent small airport with kindness and frequent flights) and not too far from Orlando Airport.  The town of Winter Haven is filled with lakes and seems very pleasant.  The county boasts 554 lakes and the famous Chain of Lakes…16 navigable together.  Winter Haven is also 146′ above sea level.  SmallTown USA with less than 25,000 people.

The house is situated on huge corner lot with 13,000 + sq.’ and the house (although not huge) has that wonderful guest quarters!

Here it is…straight out of a James Bond movie…at the new this morning’s price of $369,000 which probably could translate into $299,000.

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I believe this is good value.

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View of the lake from one of the patios.

I like the broker a lot, Christiana Bulow, who sent it to me.  She is very good about listening to what you like, and then sending you EVERY single listing in your area of choice that fits your requirements. Also, you can just click on your “Favorites” and she’ll keep those and do exactly what she did this morning, send me one of my Favorites with a Reduced Price!  It’s fun and helpful to just look at each one of them…I saved this one on her easy to use system back in April…also from a distance this helps to learn a lot.

Her service is a concierge service…very unique and interesting…which offers a number of great details including a free moving truck, free termite inspection and a Buyer’s Guarantee.

You can reach Christina Bulow:  Christina-vwbx30547239@centralflhomesnow.com    Her phone # is (863) 207-3929.

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Maybe you’ll love this one…sorry we do love it and of course Gary loves the price but it’s the wrong situation for us…so I’ll keep looking and report back!  Merri

Here is the change in value we need to consider now. In 2007 the house above would probably have cost a million dollars.  Since 2007 real estate prices in Ecuador have risen as they have dropped in the US.

This is not to say that Ecuador no longer has good real estate value.  More work in finding good prices on Ecuador real estate is required.  For example yesterday’s message South Ecuador Beach Property looks at how to have a beach condo for $35,000.  Yet this is a riskier start up way to own real estate.

This is not to say that Ecuador does not offer a much lower cost of living… better climate… a happier gentler lifestyle… just one must continually examine value… and now Florida real estate prices may be comparable to real estate prices in Ecuador.

Whether you head south to Ecuador or just to Florida we wish you longevity and good value!

Gary

Your own small, global, independent business because this can bring freedom, fulfillment and a longer life.A clear mind and healthy body are vital assets… plus a second language is a powerful diversification tool.

This is why I am willing to pay you $300 to attend either our Ecuador Super Thinking plus Spanish seminar in September or our North Carolina International Business & Investing seminar in October.  Sign up for either seminar and I will email you our Tangled Web… How to Have an Internet Business Course (offered at $299) free plus I’ll knock an extra dollar off your seminar fee…. to round up the $300 savings.

Here are comments from one group who just conducted a seminar at our hotel in Ecuador wrote about the way we help: Wow.  We had such an amazing time in Ecuador.  That includes me, my colleague Jackie, the instructors, and all of the attendees.  Everyone enjoyed themselves immensely, and really, we owe it to you and El Meson for making it all run smoothly.  We felt so welcomed and well-treated.  Thank you.I’d also like to say that both Mauricio and Alberto went out of their way to make sure we felt comfortable.  The bus was always there for us when we were to leave, they hopped to it whenever we wanted to plan something, they made suggestions for things to do in town, and were very gracious and pleasing to be around.  Mauricio was particularly helpful when it came to making trips to nearby villages.  He was open and sharing with information about the ceremonies and ways of life of the Kichwa, and always willing to answer questions.  What a privilege for us, and a real delight. I’m hoping we’ll get to stay at Meson again some time. Thanks again.

Sept. 17-21 Ecuador Super Thinking + Spanish Course

Sept. 23-24 Imbabura Real Estate Tour

Sept. 25-28 Ecuador Coastal Real Estate Tour

Learn more about global investing, how to have an international business and diversification in Ecuador at the seminar.

Oct. 9-11 IBEZ North Carolina with our webmaster  David Cross & Thomas Fischer of JGAM

October 16-18 Ecuador Southern coastal tour (early sign up before Sept. 1, $499 per person).

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour

Nov. 6-8 IBEZ Ecuador Seminar

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

Attend any two Ecuador seminar or tours in a calendar month…$949 for one.  $1,349 for two.

Investing in Chaos


Many recent messages have looked at living, business and investing in chaos during times of turmoil and change.

investing-in-chaos

Ecuador at times may seem chaotic.

Chaos is caused by transition from one wave of productive technology to another.

Investors and businesses who understand this have an enormous advantage because they know to look for the next wave.

In a moment, we’ll look at the potential for chaos in Ecuador.

First, let’s look at some positive chaos that could ruin some basic utilities but also create millions (maybe billions) for some businesses and investors.

The industrial revolution has been a time of continual chaos.  There was a time of turmoil when mankind shifted from steam technology to the internal combustion engine. Investors who had been big in railroads (but were smart) shifted to investing in automobiles and trucking and bus lines.

Then chaos came again when the jet engine made the airplane a more effective form of transportation than long distance.  Bus travel and smart investors shifted from Greyhound into airline shares.

In the information era; the PC, Internet (and Microsoft) became the major carrier of mankind and investors who saw this potential once again jumped ahead of the pack.

Where do we go next?

One new wave of technology may come in a product we all take for granted…. creating what I would call the independence era. Let’s just look at the break through.

A forward looking reader sent me the Utah Daily Herald article “New battery could change world, one house at a time” by Randy Wright.

Here is an excerpt:  On a modest building on the west side of Salt Lake City, a team of specialists in advanced materials and electrochemistry has produced what could be the single most important breakthrough for clean, alternative energy since Socrates first noted solar heating 2,400 years ago.  — a new generation of deep-storage battery that’s small enough, and safe enough, to sit in your basement and power your home.

It promises to nudge the world to a paradigm shift as big as the switch from centralized mainframe computers in the 1980s to personal laptops. But this time the mainframe is America’s antiquated electrical grid; and the switch is to personal power stations in millions of individual homes.

The battery breakthrough comes from a Salt Lake company called Ceramatec, the R&D arm of CoorsTek, a world leader in advanced materials and electrochemical devices.

The convergence of these two key technologies — solar power and deep-storage batteries — has profound implications for oil-strapped America.

With small-scale electrical generation taking place at millions of individual homes — as opposed to today’s large-scale power generation from a handful of giant power plants — there would be less worry about what’s called “point failure” on the grid. That’s when a single component gets knocked out and shuts off power to a whole region. California-style rolling blackouts would be history.

The threat of terrorism has heightened the worry. But wide distribution of batteries in homes would virtually eliminate it.

Inside Ceramatec’s wonder battery is a chunk of solid sodium metal mated to a sulphur compound by an extraordinary, paper-thin ceramic membrane. The membrane conducts ions — electrically charged particles — back and forth to generate a current. The company calculates that the battery will cram 20 to 40 kilowatt hours of energy into a package about the size of a refrigerator, and operate below 90 degrees C.

This may not startle you, but it should. It’s amazing. The most energy-dense batteries available today are huge bottles of super-hot molten sodium, swirling around at 600 degrees or so. At that temperature the material is highly conductive of electricity but it’s both toxic and corrosive. You wouldn’t want your kids around one of these.

The essence of Ceramatec’s breakthrough is that high energy density (a lot of juice) can be achieved safely at normal temperatures and with solid components, not hot liquid.

Ceramatec says its new generation of battery would deliver a continuous flow of 5 kilowatts of electricity over four hours, with 3,650 daily discharge/recharge cycles over 10 years. With the batteries expected to sell in the neighborhood of $2,000, that translates to less than 3 cents per kilowatt hour over the battery’s life. Conventional power from the grid typically costs in the neighborhood of 8 cents per kilowatt hour.

Re-read that last paragraph and let the information really sink in. Five kilowatts over four hours — how much is that? Imagine your trash compactor, food processor, vacuum cleaner, stereo, sewing machine, one surface unit of an electric range and thirty-three 60-watt light bulbs all running nonstop for four hours each day before the house battery runs out. That’s a pretty exciting place to live.

And then you recharge. With a projected 3,650 discharge/recharge cycles — one per day for a decade — you leave the next-best battery in the dust. Deep-cycling lead/acid batteries like the ones used in RVs are only good for a few hundred cycles, so they’re kaput in a year or so.

How do you recharge? By tapping your solar panels or windmills. It’s just like plugging in your cell phone or iPod, only you plug in your house.

A small three-bedroom home in Provo might average, say, 18 kWh of electric consumption per day in the summer — that’s 1,000 watts for 18 hours. A much larger home, say five bedrooms in the Grandview area, might average 80 kWh, according to Provo Power. Either way, a supplement of 20 to 40 kWh per day is substantial. If you could produce that much power in a day — for example through solar cells on the roof — your power bills would plummet.

“Batteries and PV are about to merge,” said MIT’s Nocera, using the shorthand for “photovoltaics” or solar power. “First Solar is now saying that it takes $1 a peak watt to manufacture, and another 80 cents for installation. So they’re saying that you can get PV for under $2 a watt. That’s a reduction of cost by a factor of four. Only a few years ago, it was $8. If CoorsTek and Ceramatec come up with a good battery, the market will develop quickly.”

The long-term impact of home electric generation for a power company’s business model could be huge. After all, you can’t stay in business if nobody’s paying for power. Exactly how that will play out remains to be seen.

This technology is new to me… but seems breathtaking and loaded with opportunity.  Please send any thoughts, ideas, information or opinions you have.

Before you invest though, remember the golden rules of investing.

1. Money isn’t everything
2. Work only with people you like
3. Buy businesses, not stocks
4. Invest only in what you understand
5. Don’t over diversify
6. Keep looking for new opportunities
7. Buy businesses you plan to keep for life
8. Look for businesses that are available at a good price
9. Do what you like

Potential Ecuador Chaos

investing-in-chaos

The people of Ecuador are friendly and happy.

There is some potential for change in Ecuador that could benefit those moving and investing there.

First, let’s look at the cause of the turmoil.  A recent message entitled Investing Internationally shared news about the Ecuadorian government’s plan to take back a number of radio and TV frequencies stations. We promised to stay tuned to what happens and share observations and opinions from trusted sources in Ecuador about this.

Since that time, the Western press has published even more bad sounding news.

A recent AP article entitled “Ecuador Wants Citizen Committees To Defend Gov’t” said:  QUITO, Ecuador — Ecuador wants to create local citizen committees that would defend the government and its “revolution” — sparking criticism that the president aims to control opponents in a system reminiscent of Cuba or Venezuela.

Citizen Participation Minister Doris Soliz told Ecuador TV on Thursday that local citizen groups are needed to defend against coups like the one that recently deposed Honduran President Manuel Zelaya, or against outside agitators, noting U.S. military plans to use Colombian bases.

Other articles covered lots of rhetoric from Venezuela’s President about winds of war in the area (Chavez’s commenting on the announcement that the US would place military in Colombia).

Since the daily press distort, dramatize and magnify the negative; here are more comments from Ecuadorian business people with this comments.

Dear Gary: Sorry for the delay in my reply.  Correa is an unpredictable president.  On one hand he tries to emulate everything Chavez has done in Venezuela.  It is clear that Chavez gave him millions to finance his political campaigns and now he is obligated to do whatever Chavez wants.

On the other hand, he knows how far he can push the people of Ecuador.  If he is not careful, he can end up like Zelaya in Honduras.  I see strong confrontations coming if he tries to close radio and TV stations like Chavez did.

As you say in your reports.  We all need to be diversified in order to avoid problems in one place and not have anywhere to go in thing go bad.  I do believe the Ecuadorians are not as passive as the Venezuelans, and if Correa pushes too far he will find out. Let’s wait and see.

I agree with this reader. Ecuadorians are an independent people, and I have watched them (peacefully) oust a number of Presidents who abused their power.

Here is another opinion from one of my many sources.

Gary,  My comments are just some personal opinions and for that reason I prefer that I not receive any credit.   There is some noise going around that Correa wants to have “block leaders” who will report back to the government of any dissent. You can imagine what this means. Stifling dissent. It is a time to be careful and hope the Ecuadorian military remains faithful to the people of Ecuador. While there are so many needs and opportunities in Ecuador to be attended to, one could ask why does the president feel it is necessary to be out speaking of “winds of war blowing” against Colombia?
Anyway, it all comes with the territory of being in the Latin governmental world I suspect.  If the leaders were just humble people looking to improve the lot of their people instead of being megalomaniacs hell bent on being Castro or Hitler, life would be easier for all.

investing-in-chaos

Here are children in a parade in Cotacachi.

Readers should note that it was not Correa, Ecuador’s president who made the comment about Winds of War but Chavez of Venezuela. A lot of press makes it sound like Correa is much more closely aligned with Chavez than I believe he is.  Good or bad, I do believe that Correa is his own man and is pretty independent.

Here is another comment by an Ecuadorian with a great political and historical background.

Thanks for asking.  Correa. He is all right.  His big problem is being too young.  There is
a proverb in Spanish “mas sabe el diablo por viejo que por diablo”.  (
The devil knows more because he’s old than because he’s the devil). That is Correa’s problem.  He is not old enough.  Velasco Ibarra who was president five times, was very much like Correa, when he was young. When he grew older he became much more sedated.

Again I agree with this. Everything I have seen has led me to feel that Correa has many good intentions and is trying to correct many wrongs and has a big job.  In his youth he may be too ambitious and impatient.  Time, inertia and politics should correct a lot of that!

Here are more comments.

He usually talks too much.  He talks every Saturday for 3 or 4 hours continuously.  It is not highly recommendable to quote him or mention his speech. Sometimes he just changes his mind. Or does not follow what he mentioned in the previous weekend.

That could describe more than one politician!

I have met the President a couple of times. He actually stopped next to us on the street at 9pm at night and met our son and was very sincere and asked what we thought about how things were here in Ecuador.  He is very headstrong, but I think that he is a very intelligent guy and he knows how to negociate  and what it is going to take for Ecuador to become a stable economy and that is with foreign investment and tourism.

Again this is the way I see it as well.

This is from a Quito businessman:

Dear Gary:  Many thanks for sharing the concerns some of your readers have about President Correa. I get some emails on the subject too.  I should start by saying that I am no fan of President Correa,  far from it. I don’t particularly like his discourse as if from the union trenches of the 60s and 70s.

Some of his economic policies seem to go counter current and his relative closeness with Chavez is a blemish.

Nonetheless, there are merits too, amongst which is great effort in improving education and health care. Also, in attempting to fix some wrongs and distortions we’ve had on several fronts.

In spite of Correa’s antics, Ecuador continues to offer, and perhaps more so than ever, rather remarkable opportunities for real estate investors, visitors and expats.

Let me explain:

The new, fresh-out-of-the-oven, Ecuadorian Constitution states, following with the tradition of the previous one, that foreigners have exactly the same rights as Ecuadorians under the law.

Furthermore, private property is protected under the law as one of the main pillars of our economy. Confiscation is prohibited and eminent domain (expropriation) situations are extremely rare, much less so than what they would be in Miami, London or Toronto for that matter.

While some people may believe that Correa is not particularly pro foreign investment, the reality is that Ecuador, just as the next country, needs investment to prosper and, hence, the President is very welcoming of it, he just demands responsible practices.

While the pitfalls of politics-as-usual and nationalistic grandstanding in Ecuador, can and does preclude some major investments from coming in (picture hydroelectric, oil exploration, etc), for most of us, of your readers Gary, this should not be a problem.

Regarding the Government’s stance towards foreigners coming to Ecuador and investing here, something quite nice and reassuring happened to me recently, which is telling about how reality differs from perception.

Here’s the story:

While working in the concept for a coastal development with international capitals and geared mostly towards foreigners, we realized that better government planning and zoning was needed in the area if we were to spread our wings the fullest.

I decided to call the Production Ministry, which is a high level coordination entity on top of many other ministries in Ecuador to see if they could perhaps give us some light as to getting some better zoning for the area.

I was immediately transferred to the head authority in charge of foreign investments in Ecuador and in a few hours was meeting with him along with other officers from the ministry he had called in.
They were not only incredibly welcoming of our ideas and concepts but asked us to create with them a road map not only for planning and zoning, but for infrastructure, education of the local community, and much more.

They have let me know that they are ready to lend a hand as needed and that when the time comes, once we have things down on a plan we can meet with the secretary of the ministry and even President Correa for further vision.

What is the reason for this incredible support? Well, that they are really pro investments and that when you want to do the right thing, doors become open.

On the subject of visas, something that concerns many foreigners, I can say that the President has prompted a very open regime for foreigners to come to Ecuador. However, some changes in the procedures are driving some of us nuts. We just have to adapt.

In any case, you can expect to get a resident visa in Ecuador in 3 to 6 weeks in most cases. The new director of Migration is quite a gentleman and very open and understanding. It’s a pleasure to work with him.

With regards to some radios being closed, this is something the President declared as a possibility on grounds that some radio frequencies had been granted with irregularities according to an audit. While the audit may be correct, President Correa does have a bitter quarrel with the press and his fixation with it is over the top now.

Getting back to real estate; I’d like to add that foreigners have been investing and buying real estate in Ecuador for some time, and that this is a trend that is seemingly quite on the rise.

I am seeing the start of a major wave here.

Ecuador has excellent real estate opportunities and values and the current international crisis where former “safe havens” have been shattered is making this truth about Ecuadorian real estate all the more compelling.

Investors into Ecuadorian real estate ought to buy soundly into capital preservation and important appreciation potential.

As final thoughts, given the current financial problems the world is seeing, the violence in Mexico fending off tourists and investors… the bursting of the real estate bubbles throughout, the baby-boomers coming of age with individuals lusting for active living with quality of life to boot, Ecuador is starting to make some tremendous sense to many.

Our President may be a bit of a showman (to put it somehow), granted; and we as a nation have a ways to go into maturity; we are rough around the edges, but we may have among the warmest, most welcoming people on earth, and no development can buy that.

We have good infrastructure and low cost of living. Those who see beyond the perception should be able to get in early on the trend, ride this major wave and make the best out of it.

These are good points… especially this one… the government may be talking one way or the other… but look at how it is acting. In this case it appears that the government is pro tourism… pro investment and is welcoming residents from abroad.

Here is one final comment.

Gary, I don’t get involved in my host country’s internal politics.  I am however a strong believer in the Open Society and the value of ideas meeting arguments, so I guess I would prefer more media outlets to fewer.  By the by, Ecuadorians I know say this is the first time they feel they cannot express freely what they feel about their government, for fear of repression.

These are two key points also. I do not get involved in politics anywhere.  My feeling is that time is better spent adapting to whatever the politicians do rather than joining into the political fray. Reality is that if you do business fair and well, whatever the political system is you’ll be welcome.  The second point is about freedom of speech.

I recall feeling fear like this recently when talking to my son over the phone. I was about to make a joke about a certain president and decided not to thinking… I had better not joke about this.  The problem was I was in the US… not Ecuador.

The great technology that has created such great access to information has destroyed our privacy as well…everywhere.

My new real estate acquisitions are in Ecuador . Recent messages have looked at the importance of seeing reality. People write often asking if it‘s safe in Ecuador. I was thinking of the reality of this as Merri and I concluded a long Ecuador morning walk. The birds were singing, roosters crowing in the distance and we saw two very young children, a girl of maybe six or seven and her little brother maybe four or five walking alone through the village on their way to school. This is so typical in Ecuador.

I wondered how many children of that age in North America are allowed to walk alone through town as they are in Ecuador.

investing-in-chaos

More Cotacachi children in a parade.

You see young girls like this (maybe eleven or twelve) walking around night and day. This is not because Ecuadorian parents are careless. It is because there is a great deal of safety in Ecuador .

Here are a few facts I know.

#1: The Ecuador constitution protects landownership of citizens regardless of citizenship. No local government can take land by eminent domain for economic development.

#2: No Ecuador children have been shot in school.

#3: Ecuador schools do not require metal detectors.

#4: No Ecuador police force has used a “no knock” search warrant to break down a door and then shoot an innocent 80+ year old resident 50 times.

#5: We do not worry in Ecuador about being sued if someone spills hot coffee on themselves at our hotel. By the way our coffee is hot here.

#6: Ecuadorian doctors do not have to shut down their practices because of malpractice insurance costs.

#7: Parents in Ecuador are not at risk of having their child diagnosed as having ADD and being forced to give them Ritalin. Read http://www.ritalindeath.com/ if you want to have your heart rendered over the weekend.

investing-in-chaos

There is a deep culture in Ecuador.

Back in early 2007, a potential real estate buyer visited me about buying a $93,000 house in Otavalo. As we enjoyed a “cuppa tea” and visited I could see he loved the house but was really worried about loss of property due to Ecuador’s constitutional reform.

My view was that the reform was unlikely to reduce individual land rights. As we can see above, the opposite took place. the constitution strengthened property protection.  Ecuador’s base of wealth has always been individual land ownership.

Then I pointed out to this potential buyer that his  real bigger risk was buying a similar three bedroom house in England. A similar house would cost him between $400,000 and a million dollars. The risk of losing $93,000 in value when the overheated English real estate market dips seemed greater to me than the chances of losing $93,000 in Ecuador because a house would taken due to constitutional change.

Prices were way overblown in England.  This was exactly what happened.  Real estate crashed in England while real estate prices in Ecuador have remained strong.

Plus Ecuador offers the benefits of $1.40 a gallon gas, lovely weather, sweet people, no capital gains tax on real estate sales, very inexpensive but good medical and dental help, ridiculously low property tax, almost no tort liability, inexpensive cost of living, low crime and better food.

In the west, the cost of living is so high that many people can barely move!

So where is it safe to live? I think when Merri and I are really realistic, we feel that there are many aspects of safety in Ecuador.

Many of us feel many changes in our homelands that are not good. If you do, don’t despair, the sun always shines somewhere as it did here in Cotacachi, Ecuador. Here’s the sun coming up!

Merri and I always practice diversification…in asset class as well as geographically.  We are over weighted in Ecuador so we are voting with our money that the chaos here will create more opportunity than trouble.

See more about Ecuador diversification here.

Change and chaos are parts of the rhythm of life.  The never ending evolution created by time and space creates turmoil but also opportunity.

We hope the chaos in your life brings only good to you.

Gary

Combining good international investing with the greatest asset of all, the ability to earn wherever you live, brings everlasting wealth in chaos.

This is why we offer our course Tangled Web… How to Have an Internet Business.

A clear mind and healthy body are also a vital assets… plus a second language is a powerful diversification tool.

This is why I am willing to pay you $300 to attend either our Ecuador Super Thinking plus Spanish seminar in September or our North Carolina International Business & Investing seminar in October.  Sign up for either seminar and I will email you our Tangled Web… How to Have an Internet Business Course (offered at $299) free plus I’ll knock an extra dollar off your seminar fee…. to round up the $300 savings.

See details of the two seminars below.

Join Merri, Thomas Fischer of JGAM, our webmaster David Cross and me in North Carolina this October and enroll in our emailed course on how to have a web business free.  Save $300.

Learn more about global investing, how to have an international business and diversification in Ecuador at the seminar.

Oct. 9-11 IBEZ North Carolina

Here is an email for a recent seminar delegate: Amazingly helpful, amazingly timely … thank you for this !

Sept. 17-21 Ecuador Super Thinking + 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 Seminar
Nov. 9-10 Imbabura Real Estate Tour
Nov. 11-14 Ecuador Coastal Real Estate Tour

Attend any two Ecuador seminar 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.

Read the entire article New battery could change world, one house at a time