Tag Archive | "Mount Imbabura"

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

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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

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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

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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

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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%

Cotacachi Hotel Suite


You can live for a month in our Cotacachi hotel suite and save.

We offer a Hometel at our Cotacachi hotel Meson de las Flores so you can enjoy Cotacachi room rates… at a ridiculously low $32 a night… including a full served breakfast, free broadband and free calls to the US, Canada and Europe.

Now there is a Homesuite opportunity at our Cotacachi hotel as well.

Here is Meson.

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We have one suite in the hotel which starts with an outdoor dining area on a covered balcony.

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The views are fantastic.

Mt. Cotacachi in one direction

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The cathedral is straight ahead, across the street and at eye level to the suite.

These are all shots I have taken from the balcony.

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I love to sit in the dawn, work to the glow of my computer…(we have great wireless broadband for hotel guests)…and free phone calls to the US, Canada and Europe and watch the sun rise.

First, the dawn makes the Cathedral glow.

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Then Mt. Imbabua comes alive.

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This all happens around 5:30 am so many miss it…but for late sleepers, the views at dusk are a treat as well. Here is the moon just starting to rise.

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Up and away!

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You can also watch all the activity in the courtyard two floors down.

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So we enter the suite into the living area.

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There are two sofas and a desk for working if you choose.

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All the floors throughout are hardwood.

The next room is for sleeping. The bed, on the “World’s Most Comfortable Top Ten” list, is king size.  Merri and I have rented this suite for the last two years and made this so…pillowtop mattress…with 300 thread count Italian sheets we hand carried to Ecuador.

The four poster bed frame was given to us by friends who shipped it from the Seychelles (after their plantation there was burned down). The bed posts are made from a rare coconut called “Coco del Mar”.  Once only Royalty in the Seychelles was allowed to have “Coco del Mar”…under penalty of death we were told.  Whatever…be sure…this is not your normal, run-of-the-mill, hotel bed.

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Neither by the way is the ceiling. We are told by the previous owners that the name Meson de as Flores (Meson is not a Spanish word).  It came to be because the Ambassador to France used to almost live here.  This was his “Maison of the Flowers” which became corrupted into translation.  That Ambassador donated a special antique (this all happened a long time ago) pressed a tin ceiling…quite beautiful…and rare.

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Finally we reach the third room..a more than king size bathroom and closet.

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Merri and I designed it, because  she loves baths. I’m a shower sort of guy…so…this is why we have great marriage and a Vichy Spa Shower.

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The closets and cabinets, like the floors are all hardwood…

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..the real stuff.no veneer or engineered flooring here.

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Our normal Hometel program lets guests stay for 31 nights at a low rate of $32 a night.  Merri and I have rented the suite for the last years so it was not available.  Now that we have finished a loft studio nearby where we are moving we have added this suite of rooms to our hometel program and at only $19 a night more.  You can read about our hometel program below and sign up for $999 for a month (31 nights).  You can choose the suite instead at $1,588 for the month or $1,688 for a couple.

To reserve the suite, first check availability with Merri at merriscott@live.com

Hometels including the suite were fully booked through March 2009, so please contact us with your dates.

Once you have cleared availability, simply sign up for the hometel and put your choice of the suite in the comments section. We will charge the $1,588 instead of $999 (or couples price).

See the hometel details below.

Order the regular hometel here $999 Single, $1099 couple order here.

Meson de las Flores is offering a Hometel program in Cotacachi Ecuador where you can enjoy Ecuador at very low costs for a month (or longer) at a time

Here are some snapshots of the Meson de las Flores Inn. Our Land of the Sun Foundation took control March 1, 2006 and created the Hometel program so readers can stay here at a monthly rate of $999. (This low fee helps humanitarian and charitable causes).

The monthly price includes a wonderful served breakfast of just squeezed juice, bacon or ham and eggs, bread, ripe fruit and cereal. Lunch and dinner are extra at $5 for a two course meal if you choose to dine at the hotel.

We have free wireless broadband for your laptop or a computer you can use, plus a VOIP phone system so you can call the US, Canada or Europe at no charge.

We have also installed a far infrared sauna for your health and enjoyment.

The entrance of our home (and we hope yours) in Cotacachi is a bit more than 60 steps to a magnificent cathedral and park.

Here’s the park!

Cotacachi is quiet and peaceful and once inside Meson you feel the flavor of its colonial past. The foundations of this building were started here over 180 years.

The inner courtyard is open and this (plus an inside dining area) is where we serve meals. We have an excellent chef trained in Andean nutritional skills. Meals are delicious and those who stay rave about the food.

We have a full professional kitchen where we produce delicious, nutritious and energizing meals drawn from the Andes’ volcanic soil.

Everywhere you turn you see stunning views from the hotel. The hotel is nestled between three mountains. This is Mount Imbabura.

Five minutes away is La Mirage a Relais and Chateuax Spa.

20 minutes away is a national park and crater lake for picnics and in pure air and nature take you along nearby along Cuicocha Crater Lake. Cuicocha was formed by a massive volcanic explosion 3,000 years ago. You picnic on a carpet of grass by pure, azure, 600 foot deep waters amidst breathtaking scenery. There are numerous trails for hiking and horseback riding.

Here’s Merri, our hound dog Ma and me at the lake.

Less than an hour away is Chachimbiro Thermal Springs (picture below) you soak in the wilds of its mineral waters.

Locals knew of pools of healing waters since pre hispanic times, but the majority of these medicinal thermal waters began to flow after an earthquake in 1868. They come from a volcanic complex that has existed 10,000 years and flow at temperatures ranging from 92 F to 132 F.

The chemical composition makes them among the best healing waters in the Americas as they contain chlorides, sulfides of iron, copper, fluorine, bromine and iodine. They act as a digestive, purgative regulator, stimulant of the cardiovascular system, diuretic and a central nervous system stimulant.

This is one of the most famous craft areas in Ecuador and there are numerous markets all within a few minutes ride (taxis by the way are very inexpensive) from Meson. Shopping markets include: Otavalo, world-renowned for its large, varied indigenous market. Throughout the week, there is an abundance of traditional weavings and handicrafts to be found.

Cotacachi is famous as the leather village and specializes in all types of leather wear. The main street is lined with shops selling belts, jackets, bags, vests, suitcases, saddles and more. There is an abundance of products allowing you to find what you are looking for – all at amazingly cheap prices.

San Antonio de Ibarra, is famous for wood carvings and furniture. The tradition of craftsmanship developed by the population of San Antonio dates to the 16th century and includes sought after wooden religious art and altar pieces that are shipped worldwide.

One of the best weaving villages in Ecuador is Peguche. This village is far less known than Otavalo but the better tapestries are woven here. They have weaving demonstrations including how all natural dyes are made.

Traditional Masapan art made from hardened bread dough craft making is a cultural expression of the rural zone of Calderon, which has been passed down for generations. Now we have one of the descendants of this ancient craft who is offering it in a nearby village to us…just 7 miles away. The masapan crafts are original products, multicolored and perfect for decoration. All products are hand made with quality prime material that is non-toxic, to protect health and the environment.

We have a Spanish teacher who lives near the hotel and offers both group and individual Spanish lessons at very low prices.

You also enjoy very comfortable king size beds (with 380+ thread count sheets), balcony and daily maid service. Every room has a large balcony. Laundry is extremely inexpensive.

Medical services are excellent. Some residents more than pay for their stay just having dental work completed.

In addition the weather is wonderful! Ecuador is a land of intense sun, but the Andes climate varies according to altitude. Cotacachi sits at 7,800 feet, so the temperatures range between mid 40s (at night) and mid 70s during the day. Because there is no industry for many miles the air is clear and the stars at night spectacular!

This is a small community (10,000 people).  The people are warm, sweet and friendly, no traffic jams, no pollution…to us an almost perfect place to live.

Finally your contribution by living here helps support the programs of the Land of the Sun Foundation (See www.landofthesun.org ). The hotel was purchased with charitable contributions and all proceeds from the hotel goes to charitable causes. To date we are offering free English lessons in the community, a soup kitchen for the homeless, a children’s lending library, medical missions, medical help, higher learning for the indigenous, and computer gifts. Being a part of these wonderful programs adds one more fulfilling dimension to living here with us at Meson de las Flores.

We love our home here and hope you will share Ecuador with us.

To make your reservation, simply choose the order form below.

Remember that time is money and in this case, timing your visit to Ecuador is money and convenience!

Details of the $32 a night hometel program are here.

Gary

Join us in 2009.

Future 2009 courses

May 29-31  JGAM Multi Currency investment Seminar Naples Florida

June 12-14 Shamanic Mingo Tour
June 16-17 Imbabura Real Estate Tour

June 18-21 Ecuador Coastal Real Estate Tour

July 8-9 Imbabura Real Estate Tour
July 10-13 Ecuador Coastal Real Estate Tour

July 24-26 IBEZ North Carolina

Sept. 17-21 Ecuador Spanish Course
Sept. 23-24 Imbabura Real Estate Tour
Sept. 25-28 Ecuador Coastal Real Estate Tour

Oct. 9-11 IBEZ North Carolina

Oct. 21-24 Ecuador Import Export Expedition

Nov. 6-8 IBEZ Ecuador
Nov. 9-10 Imbabura Real Estate Tour
Nov. 11-14 Ecuador Coastal Real Estate Tour

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

Attend any three Ecuador courses or tours in a calendar month…$1,199 for one.  $1,799 for two

Merri, our webmaster and I have created a new course on how to build a web business with a webmaster.  Here is a special offer on this new course.

You can enroll in this special course for $299. However if you sign up for three courses in any one month.

Cotacachi Real Estate Savings


Cotacachi Real Estate Savings are growing for our Ecuador Living subscribers because there is a special opportunity at Primavera II now.

Here is a shot of Primavera II condos in Cotacachi, where if you subscribe to Ecuador Living you can save $5,500.

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The builder of these units is also an excellent designer so the grounds are terrific.

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Interiors look good as well. Nice kitchens.

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Combined with the great wood working and leather making skills in Cotacachi, the units are wonderful when furnished.

Cotacachi Primavera Living Room

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Cotacachi Primavera Bedroom.

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There are 4 buildings at Primavera II. The first building has condos at $46,500. The second at $49,500 and the 3rd and 4th buildings at $53,500.

The rising prices reflect the increased building costs. Furniture is not included. These prices above are for two bedroom, two bathrooms – balcony condos.

The ground floor condos are three bedroom, three bathroom units. These are $1,000 more.

Since we do not accept commissions, the developer offers a 2% discount to our Ecuador Living subscribers and real estate course delegates.

The last time I checked there were 18 condos (of 32 being built) left for sale.

The rooftop studios have always been the most popular, fastest selling units. They sold out immediately, I believe at $43,000.

Now a studio is for resale from a couple from Australia who bought but then decided to live on the coast instead. Because these units are rare and popular and this unit is finished and ready to go,  they are seeking a premium and are asking $55,000.

However the seller is offering our Ecuador Living subscribers a huge discount. He wrote:

“Gary, This unit has glorious daytime and night time views.

All the top floor units are sold in all four buildings. This is the only completed studio for sale. The other one in building two will be occupied by the owners when complete (in the near future, sometime). No others can be for sale in a complete state for about another 12 months.

As we will shortly be moving to down South to live on the coast, we are happy to give a discount to any of either your subscribers or seminar attendees.

The property is currently listed at $55,000 but we will sell for $49,500 to anyone introduced through yourselves. We understand there are no costs or charges by yourselves to us as sellers.”

This studio is on top of these condos.

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Thee studios have always been so popular because of the large balcony.

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I have not seen this unit yet, but Merri and I bought and lived for some time in the first studio at Primavera I. They have “top of the world” views. Here is a shot of that balcony when we first moved in.

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Views are 360 degrees like this…

Of Mount Imbabura.

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Mount Cotacachi.

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East

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and west.

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I am traveling to Cotacachi as this message is being sent and will try to take some shots of the views from the balcony of the Cotacachi studio for sale while there.

You can learn more about subscribing to Ecuador Living here.

Until next message, may all your horizons and views be broad.

Gary

Join us at a course in Cotacachi this winter.

Jan. 16-21 Ecuador Spanish Course
Jan. 22-23 Imbabura Real Estate Tour
Jan. 24-27 Coastal Real Estate Tour

See Andean lake property for sale.

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Feb. 13-15 International Business & Investing Made EZ

Feb. 16-17 Imbabura Real Estate Tour

We’ll see crafts and export opportunities.

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March 8-9 Imbabura Real Estate Tour
March 10-15 Ecuador Export Expedition
March 16-19 Coastal Real Estate Tour

You are also invited to tag along to the beach and see these condos for sale at $18,000.

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Better still join us all year in Ecuador! See our entire schedule of 26 courses, tours, mingos and expeditions we’ll conduct in 2009.