Tag Archive | "San Pablo Lake"

Ecuador Bars


Ecuador bars are at times functional but also part of the culture.

The recent loss of Air France 447 had more impact on me than I would have thought… somehow recalling the millions of miles I have logged rushing through the dark night… high… comfortable and content…. protected by a sliver of aluminum skin.

I know that flying has risk. My children flew from England to the US for Christmas on the same Pan Am flight one day after the Lockerbie disaster.

Yet over the years memories fade and one forgets that even in the most mundane events there is risk that we can view as dangerous or enlivening.

I am thinking this because  recently we emailed an advertisement about a house for sale on Lake San Pablo near Otavalo and Cotacachi.

We showed pictures…

Ecuador-Lake-Property

of San Pablo Lake and…

Ecuador-Lake-Property

the house for sale.

Ecuador-Lake-Property

This is a 2,895 square foot house on 5.43 acres on San Pablo Lake, Otavalo for sale at $250,000.  To see the ad click on Ecuador lake property for sale.

Many readers wrote and asked me about those windows that were barred.

Apparently many readers asked the sellers about the bars as well since the seller recently sent me this note.

Gary, many have asked me to address the question regarding the bars on the windows.

The bars are there at this time, as no one from the family goes to the Lake House every weekend, as we are in the US, the decision was made to place these bars as we needed to make sure that our absence there will be no trespassing which we have never heard of one.  Although, it is true that in Ecuador insurance companies give a discount to have the bars on the windows, the new owners can remove them if they wish, we have never had a problem of a breaking into the house or the property.  Hope this addresses the matter, and as mentioned these bars can be removed without a problem.

I have more to say.

One of the great parts of living in different cultures is learning and enjoying new ways of life. Global living expands horizons… unless one tries to move expecting or even worse demanding their new home to be just like their old.

When I first moved to Hong Kong in the late 1960s,  I was fresh out of Prudential sales school which included how to dress… suits, ties, blue blazers and gray flannels and such.  It was refreshing to meet multi millionaires who wore robes… to see different ways of living… eating and yes they had bars on the windows there as well.  They also had shotgunned Sikh guards at every bank.

Then I moved to England and traveled and worked throughout Europe. There I discovered the courtyard. Europeans do not display their wealth like Americans do.   This is a culture  where there has been war after war. When people have wealth they hide it inside… conservative… smart.  This is especially true of the Latins… where the invasions and counter invasions have come and gone since Roman times and before.

Latins love the courtyard.  Our hotel Meson de las flores… looks pretty plain outside.

ecuador-bars

I love the courtyard as well…

ecuador-bars

being outside within…

ecuador-bars

an island from the hustle and bustle and crowd.

ecuador-bars

Here are delegates at a recent course in our courtyard.

ecuador-bars

This building was built in the 1800s… not as a hotel but as a home of one of the wealthy families here.  The downstairs was a stable.  This is the Latin way.

Every way of life has risks of some sort. Big cities have condos with locked doors and doormen.   US suburbs have gated communities…  security systems and private guards.

Here in the deep mountains of North Carolina we are 3/4 of  an hour from the nearest police… a mile or so from our closest neighbor and there are a some people who use drugs and meths.  Last year one of our neighbors was shot and murdered by an employee caught cracking his safe. Then the robber in a panic killed the wife and son as well.

So we have a different security system.

First cameoflauge.  Here is the entrance to our farm…

ecuador-bars

nothing fancy… even our office which can be seen from the road…

ecuador-bars

was built to look like an old barn. We even put a special finish on when it was new so it looked old.

An invisible target is no target at all.  This is a good piece of advice in all aspects of business investing and life.

Plus if someone were to come at night… we keep a shotgun.  This is the way it is  in the mountains in many houses.  No bars are on the windows because people know there is a risk if they break in.

This is a system that is usual, expected and effective here.  Yet when our children’s friends from England visit they are amazed… all these guns!

Every aspect of life has risk. When you think about it… life would be pretty boring if not.

An international life in Ecuador, Asia, Europe, Africa, city or country brings broadened horizons because this process lets us see different ways that many cultures deal with risk.  Learning all these ways makes us fuller, more balanced and wiser… if we are willing to learn.

Those who blind themselves with desires for the very existence they are leaving however… slow or reduce the joy of this growth process.

Next time you travel… look at the differences you see… not as risk but as opportunities to see new ways that others have adjusted to their histories. Do this and it can lead to a wonderful life where no holds are barred!

Gary

Join us in North Carolina or Ecuador

July 4-8  Ecuador Export 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.

Ecuador Travel Tip


Ecuador Travel Tip

Ecuador-travel-tips

This time of year is glorious in the Blue Ridge. Here is a shot of our front yard.  Yet soon we head south traveling again to Ecuador.

There is plenty of beauty in Ecuador too.

Ecuador-travel-tips

I took this shot from near our hotel Meson de las Flores. The difference is this green was in the middle of winter. Cotacachi’s weather is eternal spring!

Ecuador travel is easy from the USA… less then four hours from Miami to Ecuador about five from Atlanta to Ecuador.

However travel is travel and security procedures combined with airline cutbacks have added stress on travel to Ecuador or anywhere.

So I thought the note below about Ecuador travel was worth sharing with all.

Gary,  I know you and Merri must be very healthy to do as much time on airlines as you both do, and many other attendant exposures!  In all the years I have enjoyed your news letters, I have never heard of either of you being “down with the flu or cold”!   Do you eat airlines food?  or do you have any other tips for healthy eating on airlines?  Any other health tips for airlines will be appreciated and put to good use!

The reader is correct… Neither Merri or I are hardly ever ill.  Neither of us has been to an MD (for sickness) in over 20 years. I cannot recall missing a day of work because we were ill.

There are many things we do to maintain our energy and health.  We try to spend  our time and money on health preservation instead of medical insurance.  There are links to numerous health tips below.

Here let’s just look at some tips for health on planes.

In May 1968,  I boarded my first commercial flight Portland, Vancouver, Tokyo, Hong Kong on Canadian Pacific Airlines.

Merri (I did not know her then) at about the same time was headed Atlanta – New York – Frankfurt on Lufthansa.

Over the next 41 years, we’ve traveled to more than 70 countries researching business opportunities, exploring and enjoying new destinations.

We have lived and worked on every continent.

Many of you like ourselves are on the run, traveling thousands of miles and crossing dozens of time zones the year through. We have to perform well on these trips even as we put enormous stress on our bodies.

Here are a few tricks we have learned over the millions of miles we have flown. I hope they help you in your travel to Ecuador… or wherever.

First, avoid peanuts and other hard to digest foods on airplanes. In fact it’s better to avoid salted peanuts completely. Our friend, the Taita Yatchak, who lived with us at our hacienda in Ecuador  was amazed to see us eat roasted peanuts. “High in Uric Acid”, he said.

Our Indian (from India) friends who are experts in Ayurveda (the 5000 year old Science of Life) have also warned us away from peanuts as being very hard to digest. They are known as tomasic (meaning those things that destroy rather than build).

Then imagine getting on a plane and crossing the ocean and a half dozen time zones which will throw off our digestion in itself.

This is a dry dehydrating environment hard on the kidneys. These factors alone are hard enough. To throw in a hard to digest food high in uric acid is like the kiss of death.

Second, avoid alcohol on airplanes. Dehydrating as well, hard on kidneys,and liver. Mixed with roasted peanuts! Ahhhhhh!

Third, sleep when traveling towards the sun. Travel through time zones throw off our Circadian rhythm.

We find that it helps to stay awake when traveling away from the sun. We fly to Europe or South America numerous times every year when I speak at seminars there and to visit our children.

Often I have to get up the day after I arrive and conduct seminars… sometimes for  eight hours. This requires a clear mind and energetic body.  So we need to be sure that the flight has not drained us.

We have flown across the Atlantic with clients and observed as they tucked into cocktails (peanuts!) heavy dinner, desserts and after dinner liquors while we are settling down to sleep through the flight.

We awaken, have only a little breakfast on the plane, and meet the European morning refreshed and ready to have a full day (but we go to bed early the first night).   Those clients are dragging and beat.  “Where on earth do you get your energy?” they ask.

Can’t sleep on planes?

Buy some Valerian tea at the health food store, ask for hot water and make your own tea. It tastes like what I imagine dirty gym socks would taste, but is a natural way to get to sleep.

We also use melatonin to restore the natural melatonin that is lost on endless time zones. Just buy a bottle of liquid from the health food store and take 20 minutes before sleep.

I also bring along my Bose noise suppressing headphones and some baroque music.

Before I leave on a journey, I massage my feet with an essential oil blend.

When essential oils are applied to our feet, they stimulate zones on our feet that “mirror” the entire body. Stimulating these reflexes sends messages to the associated body parts that help reduce tension, improve circulation and help the body deliver oxygen and nutrients to the cells… important benefits on a flight.

I use my Essential Oil Blend Chart, created by Candace Newman and massage the oil blend in my hair, put it in my ears up my nose, on my face and on my collar and shirt cuffs.

The oil fights virus and bacteria plus helps balance the flighty feeling on a flight.

Here is Candace’s Essential Oil Blend Chart.

essential-oil-chart

We also avoid airplane water (except bottled).   We add a drop of Rose Otto essential oil.  This makes a tasty rose water that aids digestion and the time transition.

We make sure the oil we use is Rose Otto which is the steam distilled essential oil of rose petals. Otto is the term used to differentiate the steam distilled variety from the ‘Rose Absolute’ and “Rose Concrete”.  The extraction process for both Absolute and Concrete use solvents so Rose Otto from the Bulgarian ‘damask’ Rose, cultivated since the 16th century, is considered to produce the finest quality essence

Rose Otto is bright, alive, richly floral and complex and is more potent than the Absolute and Concrete so smaller amounts of Rose Otto are required.

You can order Rose Otto 4 ml here

We also spray ourselves (head and face and air above us) with lavender essential oil lavender misted with distilled water to combat dehydration and to refresh, cleanse and purify.

In Aromatherapy, mists and hydrosols are generally used to calm our emotions, lift our spirit, cleanse the air, and soothe the skin.

You can make your own mist with Lavender oil.

You can order Lavender  essential oil here 10 ml

Candace Newman has a four mist sampler pack that contains all four of mists.

Candace offers a sample of four 1 oz essential oil mist blends each in amber plastic bottle with zipper carrying case and includes an Essential Oil Mist Chart is included free.

1 ounce Lavender Mist
1 ounce Lavender-Peppermint Mist
1 ounce Lavender-Rose Mist
1 ounce Rejuvenation Mist

Essential-oil-mist

Learn more or order here.

Next we travel first or business class using our frequent flyer miles to upgrade ourselves. There is more privacy and room in this class and because we book as early as possible, we almost always are upgraded.

We do yoga (or stretching) before we get on and off… plus stretch during the flight. This helps keep spinal fluids moving. The spine is often perceived as just a stack of bones in reality it is our gateway of energy and it shifts with every thought we have about life. It is a precise mirror of who we are. With every stress we have, the interrelationships of bones, muscles, ligaments, and nerves are altered in and through the spine. These deviations are minute, often imperceptible, but no matter how small, the changes in the spine have gigantic effects on the body.

I then use a spinal tuner before and after each flight.  You can learn about Joe Culbertson’s spinal tuner at www.spine-tuner.com

On long flights we also  wear an ionizer around our necks. This purifies the air and  creates negative ions that makes us feel fresher and cleaner.

This is a shot of my well used travel ionizer.

Ecuador-travel-tips

Mine is old and about the size of a pack of cigarettes.  New ones are in the market for $119. They offer a Corona Discharge Air Purification technology to create fresh air while purifying the air with a stream of charged electrons (Ions) .  This Ionizer is worn around the neck so a continuous stream of ions flows toward the face.  A round magnet rests on the back of the neck to reinforce your body’s magnetic field (which is off balance in high altitudes).  Google the word Chionizer and you’ll see a number of sites offering this product.

We also try to arrive and leave via a small airport. When we are in North Carolina we fly Delta’s commuter partner in Tri-Cities Tennessee to Atlanta or Cincinnati.  Big airports like Miami or Atlanta create a lot of stress… crowds, noise, rudeness and pollution.  This is not a good way to start or end a flight.  By starting at a small airport, there’s not much stress, people remember us and it goes smooth and easy.

Finally we meditate when we get on the plane, often during the flight and before we disembark.

We do our best to eat little or nothing and avoid hard to digest foods on these long hauls…just some pure water, fresh fruit…. sometimes a boiled egg… a few seeds and nuts are very satisfying.  Rest and avoid stress as much as you can on the journey.

Every generation has had its health cross to bear. Neanderthal Man faced the Saber Tooth Tiger.  Medieval  Europe had plagues.  Today we face fast food, stress and long flights!

It is a miracle, privilege and responsibility that we have the freedom to travel almost anywhere on this good earth we choose. This gives us the ability to broaden our horizons and contribute more to the world. These few simple tips  can reduce the negative elements of the great joy of air travel.

Gary

Join us at an upcoming Ecuador or North Carolina conference or tour.

On our upcoming Imbabura real estate tours we’ll look at real estate on all three of the big lakes near Cotacachi. Here is a map of the area.

Ecuador-travel-tips

June 12-14 Shamanic Mingo Tour

June 16-17 Imbabura Real Estate Tour

June 18-21 Ecuador Coastal Real Estate Tour

We’ll  visit the sacred Quicocha lake for a shamanic study and perhaps a ceremony.

July 4-8  Ecuador Export Tour

July 8-9 Imbabura Real Estate Tour

July 10-13 Ecuador Coastal Real Estate Tour

July 24-26 IBEZ North Carolina

Ecuador-Lake-Property

View from San Pablo Lake property for sale.

Sept. 17-21 Ecuador Spanish Course

Sept. 23-24 Imbabura Real Estate Tour

Sept. 25-28 Ecuador Coastal Real Estate Tour

Lake Yahuarcocha

The lake is a historical site also known as Blood Lake because of a 13 year battle between the locals and Incas.

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.

More Health Tip Links

Natural Health One Step at a Time

Vision and Food

Here’s Incredible Power

Natural Awakenings to Secrets of Longevity

Foundations of Health

Investing Inspired by Raspberries at Dawn

Ecuador Shamans & Purification

Ecuador – Florida Lake Property Comparison


Ecuador and Florida real estate offer value that can help turn the economic correction into profit.

Recently Merri and I found ourselves becoming more focused on investing in Florida. I explained why at Ecuador Shamans & Truth.

ecuador-florida-lake-property-comparison

Ecuador and Florida property on lakes can offer great value.  Our recent real estate tour visited this Ecuador lake.

We have zeroed in on several areas all around Lakeland,  Florida (our son-in law-daughter and grandson are there). We will be looking again at the end of the month.

Our main goal so far has been visiting… feeling…. looking a a few properties and lots of numbers to understand where the real estate market is now.

This search has given us a chance to compare Ecuador real estate with Florida real estate.    Both appear to have great value… but Ecuador real estate is still much much less expensive.

Take for example one Florida lake house that looks especially good to us at this stage.  It is a troubled property, 3,200 square feet on three acres on a lake in a very nice area.

This 20 year old house has four bedrooms, two bathrooms, fireplaces, hardwood floors, barn, 10 years old, tile roof cathedral ceilings, spa room, salt water swimming pool, and rental apartment inside house, balconies overlooking lake, all fenced irrigation system, mature trees, sandy beach, a nice 2 bedroom guest house and a barn.   The land has 160 feet of superb lake front.

This house was on the market originally at 1.4 million dollars and was offered at auction for 1.3 million in October 2006.  There was no bid at that time. The property has now been foreclosed and is bank owned.  The last listed price was $850,000.

What a bargain… barely its original sales price.

Compare this with the Ecuador lake house that I recently wrote about.

The Ecuador lakefront property for sale sits on  5.43 ares with a 2,895 square foot 1970s built house on San Pablo Lake in Otavalo.

The land is zoned for business, home, or a lake house and is fully furnished and was built in the 1970’s  with  4 bedrooms, 2.5 baths, 2 living rooms, 2 dining rooms, kitchen/nook area, game room, porch and balcony. The  caretaker quarters are attached, plus a garage (for boats and car). The land includes 900 plus feet of lake front.

Ecuador-Lake-Property

Compare Ecuador lake property:  2,895 square foot house on 5.43 acres on San Pablo Lake, Otavalo with 900 feet of lake frontage at $250,000 asking…

with the Florida lake property: 3,200 square feet on 3 acres with 160 feet of lake frontage at $850,000 asking.

Ecuador real estate offers twice the property at a quarter the asking price

This Ecuador lake property has fruit, pine, eucalyptus and palms.

Ecuador-Lake-Property

B-B-Q  on San Pablo Lake property for sale .  The asking price is $250,000.

CONTACT:

Mrs. Monica Arcos
Orlando, Florida
Telephone: 407-328-4777   (leave message)  or

e-mail: pportb@hotmail.com

or

MonkeyArcos@Gmail.com

In these times of change and turmoil understanding real value is harder than before. Comparing Ecuador lakefront property with Florida lakefront property can help us see value within value so we can turn the current downturn into opportunity.

Gary

See Ecuador lake property on our upcoming Ecuador real estate tours.

June 12-14 Shamanic Mingo Tour

June 16-17 Imbabura Real Estate Tour

June 18-21 Ecuador Coastal Real Estate Tour

July 4-8  Ecuador Export 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.

Ecuador Lake Property for Sale


Ecuador Lake property offers opportunity.

Yesterday’s message looked at Ecuador & Water and some Ecuador lakes.

One of the great aspects of Ecuador is its Andean lakes.

One of the nicest lakes in Ecuador is Lake San Pablo near Otavalo and Cotacachi.

Ecuador-Lake-Property

San Pablo Lake.  San Pablo Lake has always been a source of these reeds which are made into reed sleeping mats.

Otavalo is two hours north of Quito and is perhaps the most prosperous area outside of Ecuador’s big cities.

Otavalo is an Indigenous city on the Pan-American Highway and this town sits on San Pablo Lake… about 15 minutes from our hotel Meson de las Flores.

Views of …

Ecuador-Lake-Property

San Pablo Lake which is…

Ecuador-Lake-Property

1,400 acres of surface and reaches 210 feet in depth.

This region is cradled between two volcanoes — Imbabura (15,026 feet) and Cotacachi (16,292 feet) and in Indigenous terms is one of the most sacred areas in the Andes.

This area enjoys a perennial springlike climate, with daytime highs in the low 70′s and nighttime lows in the 40′s. Flowers bloom year-round and farms get two or three crops a year.

There are two dry seasons, June through September and about a month at Christmas.  The two wet seasons however are not really all that wet.  Even in this wet season, weeks can go by without rain.

Otavalo market is the largest indigenous market in South America featuring… wool, cotton  and alpaca scarves and sweaters, homespun cotton pants, blankets and almost anything else that can be made on a loom was for sale, as well as simple wooden toys and handmade stuffed animals.

San Pablo lake is one of the largest in the area and is  less than two miles southeast of Otavalo.   Mt Imbabura rises from the San Pablo Lake on the opposite side of Otavalo in a succession of steeply pitched farm fields, topped by rocky slopes that disappear into the clouds.

Ecuador-Lake-Property

View from San Pablo Lake property for sale.

The Lake runoff forms the Peguche River which flows a short distance until it feeds Peguche Waterfall. This waterfall is considered sacred in pre-Inca times and used today for infant baptism. This then flows through a park eucalyptus grove into the  weavers’ village of Peguche.  The falls are  still celebrated at the beginning of “Inti Raymi”, (sun festival) when thousands of people visit them to take the “Baño Sagrado” or sacred bath as part of a purification ceremony.

Merri and I have been conducting real estate tours in this area for a decade and rarely do we find properties on San Pablo Lake for sale so I was delighted when this request for advertisement came through.

“Dear Gary,  My name is Patricia Portilla Boling, I read your emails with great interest as I am originally from Quito, Ecuador, but have lived in the US,  since my father accepted a job with the World Bank in Washington DC.   Though we have been in the US for a long time, we kept few properties in Ecuador. One of them is on San Pablo Lake, Otavalo. This is water front property and is very beautiful.    We are interested in selling this property and ask if it is possible to adevrtise this property with you.   I hope that this finds you and your family doing well that I hear back from you in this regard.

Here are the details of this lakefront property for sale.

22,000 square meters (about 5.43 ares) with house. The land can be used for business, home, or a lake house.

Located 58 miles from the Capital, Quito which is 4 hrs. by plane from Miami, Florida.

There is fishing, hunting, boating, sightseeing, camping and hiking in the area.

THE PROPERTY HAS A COMPLETE INFRASTRUCTURE

The house is fully furnished and was built in the 1970’s  with 2,895 square feet construction in 4 bedrooms, 2.5 baths, 2 living rooms, 2 dining rooms, kitchen/nook area, game room, porch and balcony. The  care taker quarters are attached, plus a garage (for boats and car). The land includes 900 plus feet of lake front.

Ecuador-Lake-Property

2,895 square foot house on 5.43 acres on San Pablo Lake, Otavalo for sale.

TREES:  Fruit, pine, eucalyptus and palms.

Ecuador-Lake-Property

B-B-Q  on San Pablo Lake property for sale .

Bordering neighbors:  YACHT CLUB and Imbabura Mountain.

NEGOTIABLE  Could be included:  3 boats and all furniture.

CLOSE BY ATTRACTIONS: Otavalo City, Indian handcrafts’ markets; Yaguarcocha Lake (Car Racing Track); Cuicocha Lake, located inside a volcano; City of San Antonio: Wood Crafts; City of Cotacachi: Leather Crafts.

The asking price is $250,000

CONTACT:

Mrs. Monica Arcos
Orlando, Florida
Telephone: 407-328-4777   (leave message)  or

e-mail: pportb@hotmail.com

or

MonkeyArcos@Gmail.com

Gary

See Ecuador lake property on our upcoming Ecuador real estate tours.

June 12-14 Shamanic Mingo Tour

June 16-17 Imbabura Real Estate Tour

June 18-21 Ecuador Coastal Real Estate Tour

July 4-8  Ecuador Export 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.

Multi Currency Penny


The multi currency penny drops as the dollar…and the euro fall.

Multi currency investors should ask. Is the US running out of wealth…figuratively as well as literally? Plus should the penny be dropped?

Multi currency investors also know that the penny literally should be dropped. Actually even the nickel should be dropped as well.

At the end of 2007, when metal prices were high, it cost 1.67 cents to mint a penny and nearly a dime to make a nickel.

The US mint estimates that striking these two coins created a loss for US taxpayers of about $100 million last year. Drop the penny and nickel and perhaps US tax payers would only have to spend $699 billion on the bail out.

Plus these are pretty meaningless coins realistically speaking. What can you buy for a nickel or a penny? They are only worth something figuratively.

Yet no administration will dare drop them…which is a point that we, as multi currency investors, should note. The US administration and most investors continue to live in a figurative world they cannot afford. Realistic multi currency investors can make literal profits from the majority’s inability to shift from the figurative to the real world.

The US has joined Japan and Europe as part of the old world, and the old world is not where the action is, even during these difficult economic times.

The shift continues from the old world to the new. The United States is in the doldrums and is not the only industrialized country feeling strain. This is the era when small and new is good!

This is why I have not been surprised to see emerging markets hold up better than
major markets during the current crisis.

A recent message about Multi Currency Risk Premium showed how to increase yields by 50% by investing in euro using emerging bonds.

Yet the euro can (and has) dropped against the US dollar, so emerging dollar bonds make sense as well as euro emerging bonds….especially because these dollar bonds can double the yield of Treasury dollar bonds.

We just sent our multi currency portfolios course an emerging dollar bond portfolio guaranteed by five governments that yields 5.79%.

You can see this portfolio when you subscribe to our Multi Currency Portfolios Course

A reader just shared a refrain about emerging markets that I am hearing, more and more, when she wrote:

“Gary, I just wanted to let you know how very much I’m enjoying all the information on Ecuador. For the past year or two I’ve been telling friends and family that I’d much prefer to live in an established 3rd world country on its way up, than the new 3rd world country I fear the US is becoming. Until yesterday, everyone thought I was nuts! I adore Ecuador! I had the priviledge of spending 2 months there a mere 29 yrs ago and have often dreamed of returning. Next Nov I’ll turn 50 and will be returning to Ecuador for another extended stay. I can’t wait! On that trip 29 yrs ago, my friend and I talked about importing the beautiful handicrafts we found in the Otovalo market and in the surrounding mountain villages. I’m looking forward to revisting that idea. Thanks for all that you and Merri do!”

This is how we feel about Ecuador. This country is on its way up as North Americans move south. One great benefit Ecuador has is warm weather. Merri and I love our lives in North Carolina’s mountains but after autumn’s gold, the weather looks like this! Here we were one year at the entrance of our farm.

multi-currency-snow

We won’t make that mistake again!  Instead we move to Ecuador’s Pacific coast and Cotacachi, enjoying weather and views like this one shot we shot ovelooking San Pablo Lake and Otavalo which are near our hotel.

Tomorrow’s message looks at more Ecuador pictures and a multi currency bond portfolio that can triple your income!

Until then, good multi currency investing.

Gary

Our Oct 14-18 Ecuador Import Export Course has two spaces left.
http://www.garyascott.com/catalog/ecuador-import-and-export-tour

Learn this November more about Ecuador and emerging bonds.  Join Merri,  me, Steve, Kjetil Haugan and Peter Conradsen of Jyske Global Asset Management in Cotacachi Ecuador.  We’ll review economic conditions, Ecuador real estate, my entire portfolio and investing and business  ideas for the months ahead.

Nov 7-9 2008 International Investing and Business Made EZ Ecuador
http://www.garyascott.com/catalog/international-business-made-ez-ecuador

See these condos at for sale at $46,000 in Cotacachi.

multi-currency-Ecuador-condos

Nov 10-11 Imbabura Real Estate tour
http://www.garyascott.com/catalog/ecuador-real-estat

Then travel to the coast.  See the Vistazul, Ecuador Pacific views like this.

ecuador-beach-condo-sunset-view

November 12-15, 2008 Ecuador Coastal Real Estate Tour; Quito Real Estate Tour
http://www.garyascott.com/catalog/ecuador-coastal-real-estate-tour

See discounts for two or more of these courses and tours.