Tag Archive | "Peter Laub;"

Ecuador’s Season


Our belief in Ecuador, as a place to live and invest, comes in part because of its position in the seventh wave of the industrial revolution.

We conducted our International Investing & Business Course last weekend here at the Jefferson Lansing Golf resort clubhouse.

ecuador-season

We reviewed cycles and seasons… how Ecuador opportunity and business in Ecuador really pick up at about this time of the year.  Ecuador’s up season is coming up.

Seasonality is a really important factor of investing to keep in mind… especially right now… as we will see below.

First, in that course we looked at the Asset Allocation of my portfolio and…

Ecuador Property      15%
US Property                46%
Total Real Estate   61%
Equities                           3%
Emerging Bonds            9%
Bonds                             14%
Cash                                13%
Total Liquid              39%

Why I have so little in the stock market now is due to cycles, seasonality and personal values.

Regarding seasonality, October is the bewitching month of  shares.

We viewed how, since the beginning of the Industrial Revolution, the western economy has been moving through fifteen-year upward and downward cycles.  We saw how we are in the tenth year of a potentially 15 year downward wave.

Since the 1800s the stock market has moved in 30 year waves, peaking in bubbles and ending in troughs. Technology, warfare and politics are all related to these cycles. The phrase that coined this great social economic transformation we call the “Industrial Revolution,”  according to historian David Landes, was first in a letter of 1799 written by French envoy Louis-Guillaume Otto.

Since that time mankind has enjoyed ten boom cycles… each created by new technology. Each boom has been followed by a bust… a bear market… a down wave that lasts about 15 years…. for 310 years.

So it is appropriate that in information era up wave  (the dotcom bubble) the Dow topped at 10,336  and then crashed Oct 1, 1999… 300 years after the first revolution began.

Here is a chart of the Dow in that 10th upward period from www.finance.yahoo.com.

ecuador-season

That crash began the current 15 year side ways model that marks the downward cycle.   The peaks and valleys, consistent with the downward wave has slaughtered many investors which, I explained at the course,  is why I have so few equities now.

Seasonality is why I  am not buying equities in October as well.

We viewed how seasonality was at work. Over 30 years the Dow has grown 8.16% overall but all of that growth and more (8.36% per annum average)  has come in the months of November through April. The average annual growth per annum over thirty years in May  to October is only 0.37%.

In other words… October is a volatile month for shares.  In fact the worst days of  the US stock market have been in October.

Black Thursday was October 24th in 1929. During that frenetic day nearly 13 million shares changed hands, nearly four times the norm.  Black Tuesday was October 29, 1929.   The market was slashed again leaving the Dow 40% down in that week.

ecuador-season

Black Monday  was October 19, 1987, global equity markets crashed, starting in Hong Kong. Panic rushed to Europe and then knocked the Dow Jones Industrial Average (DJIA) down 22.61%, its largest one day drop ever.

ecuador season

In short the good equity growth season is about to begin.

Market timing is never more important than the search for value… but it sure can help the search for value.

Seasonality studies give support to the current bear market recovery but suggest the support is best after October.

Plus watch out for a severe October market correction!

Thomas Fischer from Jyske Global Asset Management was with us and pointed out that JGAM’s  low risk portfolios have a very underweight position in equities as well.

During the course we also looked at the importance of personal values in investing by enjoying the process.

We saw some great autumnal beauty…

ecuador-intuition

in the Blue Ridge during the course.  We walked some glorious paths.

ecuador-intuition

Yet this is an El Nino year… a cold winter is predicted.  A long one maybe.

Excerpts from a 19 August 2009 UN New Center article entitled “El Niño weather pattern likely to continue into 2010, explains why: The United Nations agency dealing with weather, climate and water says an El Niño event has begun in the tropical Pacific and is likely to continue into early 2010.

El Niño and La Niña bring significant temperature fluctuations in surface waters of the tropical belt of the Pacific Ocean: an El Niño event sees a rise in temperatures and La Niña witnesses a drop in normal temperatures.

These temperature changes are strongly linked to major climate fluctuations around the world, especially in Latin America, Australia and East Asia, which can last for a whole year or more. Both El Niño and La Niña can disrupt the normal weather patterns and have widespread impacts on climate in many parts of the world.

The UN World Meteorological Organization (WMO) said today that sea-surface temperatures in the eastern equatorial Pacific had risen to between 0.5 and 1 degree Celsius warmer than normal by the end of June, with similar temperatures in July.

“Scientific assessments of these observations indicate that this warming resembles the early stages of an El Niño event,” the Geneva-based agency stated in a news release.

In its most recent update on the subject, WMO stated that the expectation is for El Niño conditions to very likely prevail through the remainder of 2009 and into the first quarter of 2010.

Last year our autumn paths in October turned…

ecuador-season

to this in November.

ecuador-season

Here was the weather report yesterday Oct.14 2009 at Asheweather.comRainy, cold, and raw about sums it up for today. High temperatures for the day were early this morning; We’ll slip into the lower 40s for the rest of the daytime as rather steady rain continues. Watch out for thick, dangerous fog along the Blue Ridge today through much of Thursday. And yeah, we weren’t kidding about that weekend snow shower thing. Gory details below.

Here are some weather statistics for our area that suggest what  happens in Southwest Virginia and Northwest North Carolina (where we are in the Blue Ridge) during an El Nino year.

Roanoke’s snowiest month on record was January 1966, with more than 41 inches. That was during an El Nino.

Roanoke’s coldest winter on record was that of 1977-78, which also had more than 37 inches of snow. That was during an El Nino.

Roanoke got 19 inches of snow on Feb. 10 and 11, 1983. That was during an El Nino.

Roanoke’s snowiest year of the 1950s (1957-58), second snowiest of the 1990s (1992-93) and snowiest of the 2000s (2002-03) each in the 28-to-30-inch range occurred during El Ninos.

Long term patterns in weather or stock markets are no guarantees… but by looking at the odds wouldn’t you rather invest in equities at a time that historically has shown the highest appreciation year after year.   And though snow and cold are not guaranteed up north, wouldn’t you rather have this in the dead of winter (Mt Imbabura) or…

ecuador-season

this?

ecuador-season

Ma, Merri and our friend Steve Hankins at our condos in San Clemente, Ecuador.

This is why we added three more courses and tours in December in our 2009 schedule and will have even more Ecuador courses in January though March 2010.

The remaining 2009 courses are below.

Gary

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 to Ecuador!

ecuador-hotel

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.

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.

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 UN article El Niño weather pattern likely to continue into 2010, says UN agency

Global Investment Advantage


The big advantage to global investments is that the sun always shines somewhere.

ecuador-opportunity

Follow the sun… and the opportunity… like this (a Galapagos Ecuador sunset actually).  There is opportunity here.  See why below.

Ecuador real estate offers great opportunity, but lets expand our investing view globally… then we’ll see more Ecuador real estate.

Recently, on the anniversary of the bankruptcy of Lehman Brothers, Ben Bernanke said that the US recession is probably over but the economy will remain weak for some time due to unemployment.

He said, “From a technical perspective, the recession is very likely over,”  He said the consensus is the economy is growing yet added that the economy would still feel “very weak” to Americans concerned about job security.   The stock market was not impressed and Wall Street fell  lower.

According to Jyske Global Asset Management, (JGAM) retail sales jumped 2.7% in August, the fastest rise in more than 3 years, but much of the spending came from the “cash for clunkers” boost and “back to school” month related sales. They question if Bernanke is correct.

JGAM also pointed out that the US dollar continued to slide hitting a 2009 low at 1.4748 to the euro while gold rise above $1,000 oz.

JGAM’s managed portfolios have performed very well.  Year–to-date they have risen between 8.7% and 28.7% depending on the risk profile and portfolio.

What can one do?

First, remember that the sun always shines somewhere as evidenced by a September 17, 2009 New York Times article entitled “Recovery Picks Up in China as U.S. Still Ails” by Keith Bradsher.

Here are some excerpts:  Investors’ interest in the real estate market is picking up as economic growth returns across the Chinese economy.

Just eight months ago, thousands of Chinese workers rioted outside factories closed by the global downturn.

Now many of those plants have reopened and are hiring again. Some executives are even struggling to find enough temporary staff to fill Christmas orders.

The image of laid-off workers here returning to jobs stands in sharp contrast to the United States, where even as the economy shows signs of improvement, the unemployment rate continues to march toward double digits.

In China, even the hardest-hit factories — those depending on exports to the United States and Europe — are starting to rehire workers. No one here is talking about a jobless recovery.

Even the real estate market is picking up. In this industrial town 90 miles northwest of Shanghai, prospective investors lined up one recent Saturday to buy apartments in the still-unfinished Rose Avenue complex. Many of them slept outside the sales office all night.

“The whole country’s economy is back on track,” said Shi Yingyi, a 34-year-old housewife who joined the throng. “I feel more confident now.”

The confidence stems from China’s three-pronged effort — a combination of stimulus, liberal bank lending and broad government support for exports.

The Chinese Central Bank said the country’s economy surged at an annualized rate of 14.9 percent in the second quarter. The United States’ economy shrank at an annual rate of 1 percent in that period.

“So often China and the U.S. are mixed together as being in the same situation, and that is totally wrong,” said Xu Xiaonian, an economist in Beijing with the China Europe International Business School.

But with more economic planning than the United States, China has been able to disburse its stimulus much faster, turning it into new rail lines and highways.

The state-controlled banking system here — which breezed through the global financial crisis with minimal losses as American financial institutions reeled — unleashed $1.2 trillion in extra lending to Chinese consumers and businesses in the first seven months of this year. That money is financing everything from a boom in car sales, up 82 percent in August from a year earlier, to frenzied factory construction.

To be sure, not all the laid off workers throughout China have been hired back.

“Some plants reduced worker numbers by 20 to 30 percent, now they hire back 10 percent,” said Stanley Lau, deputy chairman of the Federation of Hong Kong Industries, which represents export-oriented factories employing 10 million Chinese workers.

Global investors can kill two birds with one stone… invest in a faster growing economy and diversify out of the US dollar by investing in Chinese equities.

One way to invest in China is with the Jyske Invest China Equities Fund. This fund is available to non US residents and can be contained in portfolios of US residents managed by JGAM.

Jyske Invest recently wrote at its web site:

Market Comments, Q2 2009

Still signs that the economy will improve. For the second quarter, the fund generated a return of 38.01%, outperforming the benchmark by 0.21 percentage point. For the year to date, the fund posted a return of 40.71%, underperforming the benchmark by 1.38 percentage points.

Review

Over the past quarter the economic indicators continued the good trend. The PMI indicator, reflecting the general economic development, has now increased in six out of the latest seven months. When the PMI indicator is above 50, it is an indication that the economy is growing, which was the case in the past three months. The improvement of the economy has occurred earlier than expected.

Consumption indicators also show a positive trend. This is clearly reflected in the fund’s equities within consumption. Prices of several of the fund’s producers of sport equipment and cars such as China Dongxiang and Dongfeng Motor increased in particular.

There are clear indications of a turnaround in the real estate sector. The number of transactions increases sharply and the number of unsold apartments is on the decline. Our allocation to Chinese real estate companies has been high, which had a favourable impact on the relative return.

Outlook

We expect the favourable economic development to continue into the last six months of the year and that the government will continue to pursue a relaxed policy. The risk is that the policy is tightened again, which will adversely affect the equity market.
The market is no longer undervalued. Perhaps the valuation is fairer. A positive economic development and increasing earnings must drive equity prices higher now. The development in earnings estimates will be followed closely.

Jyske Invest adds that past performance is not a reliable indicator of future results. The value of and return on your investment may fall, and you may not get back the full amount invested.

The fund invests chiefly directly and indirectly in equities issued by companies which are based in China including Hong Kong or which pursue more than 50% of their activities (by sales or production) in China including Hong Kong.

Risk factors

The fund’s investments have a high risk profile and may see substantial fluctuations in the market value of the fund’s assets. The objective is to obtain a higher average return over time.

Performance of the fund for the last five years is below:

china-fund

Returns by year.

china-fund

Recent major investments.

china-fund

An ETF traded on the New York Stock Exchange that investors can use to invest in China is the SPDR S&P China Fund (symbol: GXC).  Any investors can buy this through Jyske or most stock brokers.

This fund aims to track the S&P Citigroup BMI China Index, a market capitalization weighted index that defines and measures the investable universe of publicly traded companies domiciled in China.  This is an easy way to hold the equivalent of a broad spread of Chinese shares.

Here is a chart from finance.yahoo.com showing the movement since inception of this ETF.

china-fund

For investors who want to invest in the Chinese yuan but not the Chinese stock market the WisdomTree Dreyfus Chinese Yuan Fund  Investment ETF  is listed on the New York Stock Exchange (symbol: CYB).

This ETF  seeks to earn current income reflecting money market rates in China, as well as provide exposure to the movement of the Chinese Yuan relative to the U.S. Dollar.

For more information US investors can contact Thomas Fischer at Jyske Global Asset Management at fischer@jgam.com

Non US investors contact Rene Mathys at Jyske Bank Private Bank at mathys@jbpb.dk

Investors in China and/or the yuan should exercise caution and recognize that there can be short term volatility.   There are huge amounts of borrowed dollars invested in China and any time there is a wave of fear or profit taking this thinly traded market and the yuan can drop rapidly.  For example in August 2009 18.4%, or nearly 500 billion yuan of the funds in the market were pulled as investors locked in profits on the Chinese stock market.

There had been months of gains, so the sudden pull back was not surprising as doubts about valuations and the sustainability of the economic recovery began to grow with rising prices.   Shanghai’s stock market declined 21.8% in one month.  There can be sudden and sharp pressure any time investors turn cautious.  However after the 21% drop in this market, autumn may be a better time to buy.

There is an Ecuador agricultural opportunity… in the Galapagos.

ecuador-opportunity

Here is an aerial view.

ecuador-opportunity

Stay tuned as I’ll introduce this in an upcoming message.

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 Ecuador International Business & Investing seminar in 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.

Head south to Ecuador!

ecuador-hotel

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.

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 “Recovery Picks Up in China as U.S. Still Ails” here

More Electric Investing Ideas


Will the Volt put voltage back into General Motors shares?

electric-car

Will the new Chevy Volt add energy into an electric investment portfolio?

Probably not… because small is beautiful.

In this era of rapid change a company’s value is its idea… less its size and experience.   A monster organization like GM… even trimmed down comes from the muscle car experience. Changing course from the “Giddiyap 409” attitude to “Go Green” requires enormous effort.

Yet who will come out ahead?

Chinese? South Koreans…. even Japanese?  Europeans?

The Japanese and Europeans have the benefit with their small, crowded nations, narrow and winding roads. They have always had to think smaller than in the US, where soft big and fast were the norm.

Japan’s gas prices are almost double those in the US and Europe’s are sometimes triple…. so when America’s cars were getting bigger… Europe’s and Japan’s were shrinking.

The Chinese and South Koreans are relatively new to the game so their mindset may not be as formed.

Americans did not learn much from the 1980s oil crisis.  Americans made pretty crappy, small cars at that time… the Dodge Reliant…  yuck!  No wonder Chrysler went broke.

non-electric-car

The Ford Mustang had fallen from its great beginning to a miserable low and the Chevy Malibu wasn’t any better.  We should not be surprised that the Japanese grabbed so much market share.

non-electric-car

GM rebounded with the Suburban.  Ford watched F150 pickup sales soar. Chrysler  made the minivan an every day affair and American drivers moved from gas guzzling muscle cars to gas guzzling SUVS and trucks.

Here are reader comments from our last message about green investing.

Greetings Gary, Thank you for printing the electric engineer’s letter. He is a smart guy, and used good illustrations. In his passion for reminding us that a battery is like a bucket [of course he is right] he managed to throw out the benefits of the battery out the window.  I hope he doesn’t impede you from reporting on new tech you hear about in the future. We all knew what you intended. The real point is reducing our grid use [via wind solar, whatever] and being able to store it economically. If this battery works it is the breakthrough you reported.  Please don’t lose your passion, tell us as many of the details of the vision you see, please. Happy Trails, and keep up the good work.

No chance I’ll lose my passion! I have grand kids and my children are really passionate about this so they push me right along. From the investing point of view, I know that big problems create big opportunity and there are few bigger problems than environmental pollution.

Here is another reader:  In response to the solar battery section of this post, it may interest you to access National Geographic’s August’s “Picture of the Month”.  Scout around the site until you find the series of photos from their recent article on the current state of solar power technology.

You may know that the WSJ recently had an article about a meeting Correa had with a Russian delegation to discuss Russian help building a nuclear energy plant in Ecuador. The WSJ (which hates Correa) was on red alert. But the general feeling in other media is that the Russians are meddling in “our” backyard in response to us meddling in “their” former sphere of influence, particularly those missiles in Eastern Europe.  I continue to be puzzled why no one in Ecuador, or interested in Ecuador, is looking at developing a solar power industry. Apart from the obvious abundance of stable and intense year-round solar radiation, a distribution system along the north/south axis of the Andes would avoid all the problems of moving oil and gas through mountains and volcanoes from the eastern Amazon basin west to the Pacific ports for trans-shipment.

The lack of solar would seem a puzzle until one thinks it through. Solar power is still costly and poor nations tend to go with the least expensive choice.   Plus who would help?  Solar could make Ecuador independent and no one seems to have that on their agenda.

Mankind must become greener. This is a huge problem and because problems create opportunity, demand for electric cars that help the environment may continue to grow.

When looking at investment ideas in electric cars think small… the winners are not likely go come from America’s… big (mostly busted) three.

See Jyske Bank’s Financial Friday including an interview about electric investing in cars.

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

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

Global Business Warriors


International businesses are global business warriors.

If we could get everyone working together, making and serving each other around the world… we might avoid a lot of the confrontation and aggression we see today.  Who wants to blow up a good client?

See how this fact can help create income for you.

ecuador-export-tours

This is why we have increased our focus on helping readers have their own global internet business in, to, or from Ecuador or anywhere.

There is a wonderful poem, the Warriors Creed. If more and more people apply this to business… perhaps we’ll have less war.

ecuador-export-tours

On our Ecuador export tours we visit the San Rafael Reed Factory where they make reed mats, baskets and furniture… by hand. Here is a global business warrior busy making his reed goods that will sell around the world.

Here is the Warrior’s Creed:  I have no parents: I make the heavens and earth my parents. I have no home: I make awareness my home. I have no life or death: I make the tides of breathing my life and death. I have no divine power: I make honesty my divine power. I have no means: I make understanding my means. I have no magic secrets: I make character my magic secret. I have no body: I make endurance my body. I have no eyes: I make the flash of lightning my eyes. I have no ears: I make sensibility my ears. I have no limbs: I make promptness my limbs. I have no strategy: I make unshadowed by thought my strategy. I have no designs: I make seizing opportunity by the forelock my design. I have no miracles: I make right action my miracles. I have no principles: I make adaptability to all circumstances my principles. I have no tactics: I make emptiness and fullness my tactics. I have no talents: I make readiness my talent. I have no friends: I make my mind my friend. I have no enemy: I make carelessness my enemy. I have no armor: I make benevolence and righteousness my armor. I have no castle: I make immovable mind my castle. I have no sword: I make absence of self my sword.

This creed makes a good global business creed as well.  May many of you successfully apply it!

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.

During our North Carolina course we bring delegates out to the farm for lunch, here at our house.

ecuador-export-tours

For a lunch and walk in the autumnal woods.

ecuador-export-tours

We always conduct our autumn North Carolina course on the first weekend of October… traditionally 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

Or head south to Ecuador!

October 16-18 Ecuador Southern coastal tour Sold Out Waiting List Only

Oct. 21-24 Ecuador Import Export Tour

During the import export tour you’ll see how to turn this into cash.

Ecuador-tours

Plus we’ll see how to have coffee furniture like this table and chairs in one of our condos made at really low costs.

ecuador-export-tours

Oct. 25-26 Imbabura Real Estate Tour

On the Imbabura Real Estate Tour… we’ll see new premium houses…

ecuador-export-tours

designed by the architect who designed the house above and this one…

ecuador-export-tours

now being built that you could own at a discount with…

ecuador-export-tours

this view through your front window.

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

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

Plus be sure to see Sunday’s message to see what this means.

Ecuador-tours


New Quito Ecuador Airport


A new Quito Ecuador airport is scheduled to open in 2010 to replace the current Mariscal Sucre airport.

On the subject of Mariscal Sucre airport, this is one of the nicest emerging market airports Merri and I have ever used. Clean carpeted jetports take you to a shiny marble clad, rose decorated immigration area where the officers politely and efficiently welcome you to Ecuador . Baggage arrives promptly and customs rarely looks at your baggage. We are often from the deplane to our waiting van in less than 30 minutes. The entire process is quiet, well organized and the baggage handlers treat us well.

The new nearly 4,000 acre airport scheduled to open next year we expect to be even better. Because it is about 45 minutes closer to Cotacachi, this adds some great opportunity for real estate in our area now. We look at this in our real estate tour. See below.

The new airport scheduled to open in 2010 is about 15 miles east of Quito and that much closer (about an hour of travel saved) to our province. This airport will sit at about 7,500 feet altitude compared to Quito ’s 9,500. This lower altitude and elimination of noise reduction procedures (due to being away from town) means larger loads can arrive and take off.

Learn more about the new Quito airport here.

On all our tours, we meet all delegates arriving the day before the tour when they arrive at Quito airport. We hope to meet you in Ecuador!

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. This 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

Special Note: We have added a Beyond Logic Course December  6-7-8, 2009 plus a December 9-10, 2009 Imbabura Real Estate Tour

See real estate for sale like this on the Imbabura Andean tour.

On the Imbabura Real Estate Tour… we’ll see new premium houses…

ecuador-export-tours

designed by one of Ecuador’s most famous architects who designed the house above and this one…

ecuador-export-tours

now being built that you could own at a discount with…

ecuador-export-tours

this view through your front window.  Tour delegates can get a discounted price at $70 a square foot.

We’ll see Andean condos and studios in the $40,000 to $50,000 range like this.

ecuador-real-estate-for-sale

with fireplaces and…

ecuador-real-estate-for-sale

views like this.

ecuador-real-estate-for-sale

Learn more about the December 9-10 Imbabura Andean real estate tour here.

Attend two or all three tours at a discount and save.

Attend two December Ecuador seminar or tours…$949 for one.  $1,349 for two.

Free Christmas Shopping Extension

Pay for your tours with Christmas shopping savings

On Saturday December 5th, 2009, we’ll take delegates on an extensive shopping trip to see:

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Workshop of Jose Cotacachi. A delegate poses alongside Jose after purchasing the center wall hanging.

We’ll shop all day, plus for reasons of time, space we just can’t visit all the producers in the area on this art and crafts tour so we’ll invite them to Meson de las Flores.

When word gets out we are having an exposition at the hotel so many craftspeople apply that we turn away disappointed artisans because there just isn’t the space.

We’ll see art from Montero.

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Artist Montero produces exquisite watercolors for as little as $25 such as those below

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Local weavers will display tapestries.

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Hand knit woollen sweaters prove a big hit time and time again at $15

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Totally natural medicinal and beauty products from the Amazon are distributed by our very good friend Alberto Verdezoto. Prices are eye extremely low.

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Mario a local jeweler with fantasy designs always realises several sales of pieces such as those below

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Juan produces wonderful pre-colombian designs on recycled card

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A local family of musicians make and sell instruments, pan pipes at $2 each at a local workshop

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display them .. the large tubular horns at left are small compared to the 35 foot horns used ancestrallt to announce village meetings

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……..and then the same group comes to play and dance during supper – using the very same hand made instruments.

Delegates who enroll in any of the December tours above are invited to this free Christmas shopping extension on Saturday December 5, 2009. No Extra Charge.

Our Business Genius Within


We all have some form of genius that becomes unlocked when we do what we love.

Merri and I are just back from conducting our Super Thinking + Spanish course.  Here is the class studying at the Cotacachi Museum next to Meson de las Flores.

Ecuador-tours

We had some surprises while there, like the Corn Queen parade.  Here is the queen passing by our class room.

Ecuador-tours

Yet the course went really well… in more way than most delegates had expected.

As one delegate put it… “This course has saved my life.”

In a moment we’ll share an amazing exhibition of what the human mind can do.  First let’s discuss a secret for unlocking your genius within, for improved health, wealth and joy.

Amazing right?

Each of us has some form of genius and music helps unlock our own unique, amazing energy.  This is a universal fact!

An excerpt from a Science Daily article “Language Of Music Really Is Universal, Study Finds” says:  Native African people who have never even listened to the radio before can nonetheless pick up on happy, sad, and fearful emotions in Western music, according to a new report published online on March 19th in Current Biology. The result shows that the expression of those three basic emotions in music can be universally recognized, the researchers said.

“These findings could explain why Western music has been so successful in global music distribution, even in music cultures that do not as strongly emphasize the role of emotional expression in their music,” said Thomas Fritz of the Max-Planck-Institute for Human Cognitive and Brain Sciences.

The expression of emotions is a basic feature of Western music, and the capacity of music to convey emotional expressions is often regarded as a prerequisite to its appreciation in Western cultures, the researchers explained. In other musical traditions, however, music is often appreciated for other qualities, such as group coordination in rituals.

In the new study, Fritz, Stefan Koelsch, and their colleagues wanted to find out whether the emotional aspects of Western music could be appreciated by people who had no prior exposure to it. Previous studies had asked similar questions about people with little experience with a particular musical form, for instance Westerners listening to Hindustani music, they said. But to really get at musical universals requires participants who are completely naïve to Western music.

Fritz enlisted members of the Mafa, one of about 250 ethnic groups in Cameroon. He traveled to the extreme north of the Mandara mountain ranges, where they live, with a laptop and sun collector to supply electricity in his backpack.

Their studies showed that both Western and Mafa listeners, who had never before heard Western music, could recognize emotional expressions of happiness, sadness, and fear in the music more often than would be expected by chance. However, they report that the Mafa showed considerable variability in their performance, with two of twenty-one study participants performing at chance level.

Music can help you have better health and wealth.

Our October North Carolina and November Ecuador IBEZ courses looks at how to use music in business, investing and life.

Gary

Please take a look at this page on the mathemagician.

Then return here for more pictures below.  I promise you will be astounded.

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.

During our North Carolina course we bring delegates out to the farm for lunch, here at our house.

North Carolina tours

For our front yard view.

North Carolina tours

We always conduct our autumn North Carolina course on the first weekend of October… traditionally 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

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

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

During the import export tour you’ll see how to turn this into cash.

Ecuador-tours

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

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

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

Plus be sure to see Sunday’s message to see what this means.

Ecuador-tours

Read the entire article Language Of Music Really Is Universal, Study Finds

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.

internet-business-view tags;

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

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.

Salinas Coastal Beach Condo For Sale


Here is a Salinas coastal beach condo for sale that will be viewed on the October Ecuador South Coast Real Estate Tour (only three spaces left).

This is a 2nd property on the tour where the tour operator is offering a 2% discount to Ecuador Living subscribers who are on the tour.

Amy Pinoargote who will lead the tour wrote:   This is a 5 bedroom townhouse for resale in Spondylus I.  It is listed at $79,000.  It is a small complex with cobblestone streets and a nice pool area.  It is about 1/2 a mile from the beach, conveniently located to shopping.

salinas-condo-for-sale

Living area

salinas-condo-for-sale

condos

salinas-condo-for-sale

Project

salinas-condo-for-sale

stairs to condo

salinas-condo-for-sale

pool

salinas-condo-for-sale

Salinas sunset

salinas-condo-for-sale

beach

salinas-condo-for-sale

Kitchen

Head south to Ecuador!

ecuador-wine-cheese

(Three spaces left) October 16-18 Ecuador Southern coastal tour

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour

Cotacachi-Ecuador-Condo-Rent

In Cotacachi the weather is always Spring like.  Here is the Cathedral next to 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

Cotacachi-Ecuador-Condo-Rent

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

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

Ecuador Banking Notes


Ecuador banking notes from Ecuador subscribers are below.

Ecuador-multi-currency-atm

This is the Ecuador bank and ATM we use in Cotacachi.

Before we look at these Ecuador banking  notes, you should be aware that non residents cannot open checking accounts at an Ecuador bank.  They can open a savings account.

Visa credit cards work at ATMs operated by Bank of Guayaquil, Pichincha, Produbanco and Banco Pacífico. Each ATM shows the logos of which cards can be used on that machine. We use our regular ATM cash card issued by our Florida bank at this Bank of Pichincha branch (shown above) on Cotacachi’s second smaller plaza.

Ecuador-multi-currency-plaza

The plaza is pristine because it is maintained by the bank.

Ecuador-multi-currency-atm-sign

The bank is next to the police station and the second smaller Cathedral.

Ecuador-multi-currency-atm-cathedral

Here are some Ecuador banking notes sent by subscribers.

You can add recent experience to your banking info that you can write a check on your US account and send it to an Ecuadorian bank for deposit. Normal mail takes about 5 days to Quito. BUT, you can’t make it payable to the bank with instructions to credit your account. Nope. You have to make it payable to yourself and then, get this, endorse the check. You cannot do, as you would in the US, add “Deposit Only to Acct 12345” — So, you are sending an endorsed check through the mail. This means it is just like cash. This is completely different from anything I have ever seen in the banking world.  Then it takes about a month for them to clear the check. Your alternative is to pay about $40 to wire the funds, and the Ecuadorian bank will charge to receive them. Or, you can get a cashier’s check and FedEx.

There are three Cotacachi ATMs. Two are on the main street 10th of August. Here is one of them…the newest of the three.

cotacachi-road-work

We are allowed to take $500 a day from the Pichincha ATM and $300 a day from the others.

Ecuador banking like in every country, has its peculiar glitches including with ATMs. Here is another sent by a reader.

Dear Gary,  I truly enjoy your posts! We have been lucky enough to find Cuenca to be our perfect Ecuadorian home but I did want to pass on a heads up based on your information today about banks in Ecuador…

When using ATM’s and cash cards in Ecuador, make sure you get your cash from a machine that is in, or at the front door of an open bank. As you receive your cash, check it for smooth feeling bills.

Last November we had the disappointing experience of getting 5 counterfeit $20 bills in our ATM withdrawal of $200. We were using an ATM at the “Parque Calderon” in the center of Cuenca, one of the most visited ATM by tourists in the city. Not imagining that there was any risk we pulled our $200 cash out and proceeded to Spanish class. It was there we were told five bills were fakes (all Ecuadorians who work with money are extremely aware of counterfeit bills as they have to cover the loses from their own pay) We were flabbergasted, especially when the woman at the school told us this had happened three times in the last month.

We called the card provider ( a Credit Union in Colorado) and they told us that as it was not in the US, there nothing they could do.

We went to the bank that owned and stocked the machine eight days in a row (each day we were told the person to see would be in the next day) trying to talk to someone who could/would do anything. It was not until we started using the word “Falsos” rather loudly in front of the crowd in the waiting line (usually about 50 people in Ecuador) that we were finally sent to a manager. The manager set us up with another manager who did not show up for our meeting either, and then another who blamed it all on the main office in Guayaquil. Finally we just marched in and went straight to the top, the bank director who kindly spent an hour showing us that the problem could not have ever happened and that the fakes must have been put in when the bills were packaged in Kansas City by the US Federal Reserve.

Knowing that a $100 loss would be devastating to a typical Ecuadorian family where teachers and policemen make $150 a month, we decided to bring charges against the bank, if only to catch their attention.

Needless to say the case is making its way agonizingly slowly through the Ecuadorian Justice system and we don’t ever expect to see our money back, but we can warn others.

-Avoid cash machines not attached to banks.

-Pull your cash out in a very visible place, preferably with the bank guard watching.

-Rub the bills between your thumb and fingers to feel for a different texture (fake bills are smooth like copy paper).

-If you think you feel any difference, immediately take it to the guard or teller and demand new bills.

Ecuador is an amazing place but even and especially the locals trust the banks and bankers about as far as they can throw them. As you say once bitten twice shy.

Here is Cotacachi’s third ATM.

cotacachi-road-work

Jyske ATM Banking in Ecuador

One nifty way to combine global investment management bank and your cash needs in Ecuador is through Copenhagan with Jyske Bank’s VISA debit cards.

This card makes it easy to access cash from your Danish bank account.

Why a Danish bank?  As mentioned earlier I do not trust Ecuador banks. On the other hand Danish banks are among the safest in the world.

First let’s examine safety.  How safe?

In recent years Denmark has been rated by Standard & Poor’s as one of the safest country in the world in which to bank.

Jyske Bank is well established with a history of over 100 years. Jyske is Denmark ’s second largest bank, with 450,000 clients in Denmark and over 30,000 abroad.

Jyske Bank has over 23 billion euros in assets and also happens to be one of the leading currency traders in the world. Many other large banks use Jyske to handle their off hour currency positions. This means that Jyske is huge when it comes to multi currency activity. In fact their turnover reaches $50 billion dollars a day.

Bank Safety Point #1: A recent Yahoo Canada article shows a survey by the World Economic Forum listed five safest countries in which to bank.

Canada
Sweden
Luxembourg
Australia
Denmark

So Denmark is a safe place to bank. Now let’s look at Jyske Bank’s safety rating.

Bank Safety Point #2: On October 10 2008, Moody’s affirmed Jyske Bank’s long-term Aa2 rating. This decision came despite the deteriorated economic prospects in Denmark, particularly in respect of the property market.

Bank Safety Point #3: Also on Friday 10 October 2008, the Danish Parliament passed a bill that secured all deposits and unsecured claims against losses in Danish financial institutions. The rating of the Kingdom of Denmark is Aaa/AAA with Moody’s and Standard & Poor’s respectively.

The people at Jyske are common sense bankers. They had minimal sub prime exposure when that scandal broke. Jyske had zero Madoff exposure.

That’s safe!

How about service?  First of all,  Jyske can manage your wealth. For anyone with $50,000 or more to invest Jyske can buy, sell and hold investments from all over the world, stocks, liquid assets, bonds and commodities. They provide full managed or advisory only services.  They even lend in multiple currencies to leverage investments for investors with $100,000 or more.   Almost no bank in North or Latin America can do this.

Once you have Jyske caring for your wealth, they can then provide a steady stream of cash when you need it…via a global debit card.

Jyske Ecuador & Global Service.

Even US clients who have managed accounts at Jyske Global Asset Management  (JGAM) can have a VISA debit card.

JGAM opens a specific on demand account with Jyske Bank so funds can be made available via the card.

These cards can provide access to cash anywhere in the world…including Ecuador.

Jyske offers three different cards to match different needs.   Each type of card provides considerable flexibility.

US citizens and residents can get more information from Thomas Fischer at Jyske Global Asset Management. Email: fischer@jgam.com

None US should contact Jyske Bank Rene Mathys  at mathys@jbpb.dk

This is good advice for when you are banking in Ecuador that we are happy to share.

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.

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.

ecuador-tours

We always conduct our autumn North Carolina course n 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.

Or head south to Ecuador!

ecuador-tours

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

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour

ecuador-seminars

In Cotacachi the weather is always Spring like.  Here is our group meeting at the Cotacachi museum next door to 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-tours

Let our friendly staff at Meson serve you.

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

salinas-condo-for-sale

Ecuador winters are shorts weather on the beach as this photo shows.

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

Ecuador Roses Help the Poor


A recent message looked at how you can now order Ecuador roses with a vase delivered direct to your home by fedex.

Beyond the beauty in your, or a loved one’s home, here is another benefit these roses bring.

ecuador-roses

They…

ecuador-roses

help…

ecuador-roses

the village of Topo Grande and children there.  They provide benefits in…

ecuador-roses three

ecuador-roses ways.

One is…

ecuador-roses building a…

ecuador-roses

security wall around the school in Topo Grande.

ecuador-roses

Here we are… Merri inspecting the wall with…

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Franklin Sandoval, manager of our hotel and the head of the village.

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Everyone…

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old and…

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young…

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help.  Everyone.

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Carrying rocks.

We also distribute fruit to the village.

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We are helping them add a water supply to the village school as well.

The entire village has mingos… village work projects. Here they are working on the water.

ecuador-roses to clear their The villages watershed is far…

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above the valley floor.  The village below is Cotacachi. Our hotel meson de las Flores is next to the Cathedral.

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Everyone works at this as well.

Men…

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women.

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Young.  This is Maria. Our foundation is supporting her school enrollment as it does numerous students.

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and old. This is Maria’s mother. She wants Maria to have a better life.

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This party cleared the water lines to this storage box.

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Here is Franklin and Franklin checking out the…

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water.

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Everyone is happy.

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and pleased to help.

You can order the 24 Ecuador roses with vase here.

You can currently order 50  Ecuador roses here.

You can order fresh Ecuador lilies here.

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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 4 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