Tag Archive | "Britain"

Ecuador Perceptions


Ecuador perceptions create opportunity.

What’s in a Word?

What can the perception of a phrase like “communist” or “terrorist” mean for us as investors?

There is opportunity in these words because most people never look beyond
the perception that has been endorsed by the establishment.  They react without  thought about the reality of a situation.

Let me share an example.

Merri and I love nature. We live pretty much in the wild. Our farm in North Carolina  is in an area so remote it is called “The Lost Province”.

Our hacienda in Ecuador is even more remote.

Yet our reclusive lifestyle was not always the case.  After spending my college years in downtown Portland, Oregon, I moved to Hong Kong, one of the most crowded cities in the world.

After moving to San Francisco I finally lived many years in London, one of the largest cities in the world.

London.  What a great city. I loved living there.  This was a really fun place and part of the fun was Ken Livingstone, the mayor at that time. He was so left wing we all called him “Red Ken”.

I mention “Red Ken” because many readers write to me expressing concern about the political stability of Rafael Correa and Ecuador.  The three words most frequently in the writing of these concerns are “populist”, “Chavez” and “left wing.”

Many people fear anything that seems to be left wing.

Ken Livingstone was so far left and such an unconventional and controversial politician that during the Cold War era he sponsored such events such as ‘Babies Against the Bomb’,and declared London a ‘nuclear-free zone’.

He not only was a “communist” but also endorsed terrorists.

Livingstone even extended an official invitation to terrorist leaders of the IRA’s political wing, Sinn Féin.  Britain denied entry to the invitees under the Prevention of Terrorism Act, so Livingstone met them in Northern Ireland instead.  Livingstone said that Britain’s treatment of the Irish over the last 800 years had been worse than Adolf Hitler’s treatment of Jews.

His actions were so left wing that he acquired the nickname ‘Red Ken’ and one British magazine dubbed Livingstone ‘Leninspart’.

Yet during Red Ken, the communist’s reign, London became one of the most affluent cities in the world.

Another example can be seen when I first moved to Hong Kong in 1968.  The Chinese communists were rioting. The first day I arrived in 1968 a British police officer had his leg blown off by a communist bomb.  We were taught at the office how to spot bombs in the street.  The Chinese army was massed at the border. These were the days of the war in Viet Nam and the “communist” threat seemed real to many.  Investors were fleeing Hong Kong left and right. I and a few others stayed.

Those who invested heavily in Hong Kong then, became some of the richest people in the world.

Those who saw the underlying reality and ignored the noise made by political manipulation and the local press made fortunes.

Another example is in Cotacachi.  Merri and I have been investing and living here for years while the mayor there, Auki Tituaña Males is so apparently left wing, there is a huge photo of him and Fidel Castro together on city hall.  That puts some people off!  Fidel Castro a communist!

Yet we have seen this mayor create a social economic system that has transformed the village into one of the nicest areas we know.  Prosperity has grown by leaps and bounds. What has happened over these eight years is remarkable!

Mostly I ignore politicians and the press and look for the deeper fundamentals that drive economics. i know that economics always drives the politics in the long run… not the other way round. Those who rise above and get ahead of political noise are the ones who profit most when the finances shift the politicians.

Places that have brought me the greatest profit are those where the political words and symbols look shaky but the economic fundamentals look good!

Whether Correa, the President of Ecuador is good or bad…I do not know.  A lot of what he says rings true to me…but I have been fooled before.

Will Correa’s actions have an impact on business in Ecuador?  Of course…but my belief is that his influence will not be as bad as many think.   He may even do some  good.

Thus I see bargains that abound in Ecuador because the majority is worrying about the inconsequential words, the noise, the small stuff and most of all the unlikely.  They argue over the scraps and leave the best for the few of us who look deeper.

I have been in Ecuador fourteen years and see little difference in the political noise today than when we arrived. the president then was a mad man (they called him El Loco) changing the constitution. Today we have another President changing the constitution. This President is not so crazy in my opinion.  Is he good? Only time will tell.

I have learned my lesson from London and Hong Kong!  Bring on the words that scare. They create opportunity.

Merri  and I really enjoy living in Ecuador.  When we look through the political noise, we see huge progress in living conditions, sweet non violent people, a wonderful climate…an abundance of sunshine and excellent food.

So we are buying as much real estate there as fast as we can based on our experienced view.

Had we been worry warts for the past 14 years because this or that might have happened we would have missed amazing good fortune…wonderful people…great weather…low cost living…excellent investments…and an amazing lesson that Ecuador’s rich culture has to share.

Of course there are others who are more afraid of George Bush, the US economy, the falling dollar and the American system. There are no guarantees here either.

Our advice on investing and business is to always look first for a place or task you love.  When you find it, go for it!  Take your chances.  Whatever we do, wherever we go, there is risk…so enjoy the process and look for places where fear, due to words and not fundamentals create extra opportunity.  What is within is usually more important than what is without.

We feel as safer or safer in Ecuador as in the US.  Only the future will tell which place will turn out better.  My guess is that both will be great.  I am quite happy with being double lucky but fully accept that no one can predict the future.

However, we expect to invest even more both in Ecuador and the USA. We love both places so we will enjoy the process whatever the outcome.  I look forward to sharing with you what we do and what happens.

That is our perception.

Until next message, may all you perceptions be clear.

Gary

Join us in the cool Blue Ridge while much of the U.S. burns up this summer.  We enjoy cool nights (mid 50s) sleeping under blankets without screens (translation-there are no mosquitoes here). Rarely does it reach 80 during the day and if it does a quick dip in the creek cools us right down. We have farmhouses, cottages, cabins and cottages you can stay in and enjoy. Rockers on the front porch (best for watching fireflies at night and eating sunny breakfasts), quiet pools to chill watermelon, waterfalls in which to soak, horses to chase, chickens and ducks to feed and we would enjoy meeting you.

Everyone who comes wants to come back and right now we can treat you to some fresh blackberry pie!
Cool-mountain-retreat

During breaks in the course join me for a hike in the woods.
We have a space left for you to join us this August 15-17, and learn about intuitive investing at Susan Rotman’s business intuition course.

Or join us October 3-5 for the Blue Ridge leaf change. International Investing and Business Made EZ  North Carolina

autumn-leaf-change

Enjoy the autumn leaf change in October.

Or enjoy one of our courses or tours in Ecuador

Ecuador Coastal-Quito Real Estate Tour

ecuador-beach-restaurant

While others worry about politics our tour groups find opportunity and enjoy wonderful seafood lunches at open air restaurants like this.

Ecuador Super Thinking + Spanish Course

Ecuador each hammocks

The future cannot be predicted but this is here…now.

Ecuador Imbabura Real Estate Tour
Ecuador beach house

Here is a house we inspected on our last coastal real estate tour for sale at $25,000.

Ecuador Import Export Course

International Investing and Business Made
EZ Ecuador

See discounts for attending more than
one course.

Green Investing Thoughts


Green investing thoughts can bring us fortunes so I am declaring this Anti Panic Week because so many readers are sending me articles filled with doom and gloom. I just hate for anyone to miss the incredible opportunity out there or waste their lives with worry.
4-generations
I was just in Oregon visiting my mom and grandkids. Here I am with Sequoia, the youngest.

One thing we learn with four generations all together, is that each generation has a difficult time understanding the next. My mom (85) can barely handle the computer and never will know more. Sequoia not yet two is already punching buttons and she understands how computers serve her!

A recent message Green investing ideals looked at some thinking stimulated by Dr James Ephraim Lovelock, an independent controversial scientist, author, researcher, environmentalist, and futurist who lives in Cornwall, Great Britain. He is known for proposing the Gaia hypothesis, in which he postulates that the Earth functions as a kind of superorganism.

He is the father of climate change science and just about everything he’s ever predicted has come true.

Here are some thoughts stimulated by this thinking:

Focus on innovation not conservation.

Invest in technology.

Prepare to adapt to new ways of living.

Crisis will bring a post consumer society.

Human lives are most fulfilling when driven by a sense of purpose.

We will soon be forced to live more purposeful lives.

There is always reason to be optimistic.

Enjoy life!

I buy into it!

We can see how these ideas are already evolving and how opportunity is popping up everywhere.

A Fox News article entitled “Floating ‘Lilypad City’ Could Help Climate Change Refugees” helps remind us of the first three ideals: Focus on innovation not conservation – Invest in technology – Prepare to adapt to new ways of living.

The article says: “Imagine what life would be like floating around the world on a giant island capable of holding 50,000 people and completely sustaining itself. Well, welcome to Lilypad City.

Designed like a lily pad, the innovation by award-winning Belgian architect Vincent Callebaut could be used as a permanent refuge for those whose homes have been covered by water in the future, London’s Daily Mail reported.

“I think trying to accommodate the millions of people left homeless by environmental changes will prove to be one of the great challenges of the 21st century,” he told the Daily Mail. “Some countries spend billions of pounds working on making their beaches and dams bigger and stronger. But the Lilypad project is actually a long-term solution to the problem of the water rising. The goal is to create a harmonious coexistence of humans and nature.

“A lake in the middle of the island will collect and then purify rain water, while power will be provided through a series of renewable energy sources including thermal, solar, wind energy, hydraulic and a tidal power station”, the Mail reported.”

Here is a rendering of these lily cities from the article.

Lily-city

This article reminds me of the story about Chicago’s sanitation department in the 1800s. They were grappling with demographic models and were in a panic because models showed that at the then current growth rates, sometime soon in the future all the streets of Chicago would be covered in several feet of horse manure.

The solutions of the future do not live in the technology of the past. Plus the technology of the future is here with us know…just not fully grown…such as water purification.

Back Yard Pond
I am buying as much land as I can that has water. Here gallons a minute of spring water flow directly from a rock face into a small pond we put in our back yard. At 49 degrees its a great way to wake up in the morning!

Technology also makes out of the way places worth more.  Take this Cotacachi acreage as an example.

This offers incredible value if you want solitude and unimaginable views…plus electricity.

Ecuador-acreage-for-sale

This house for sale with a caretaker’s house and acreage, is just 17 miles, a 55 minute drive from Cotacachi Ecuador.

The views on this acreage are worth the drive as you can see here.

Ecuador-acreage-views
This Cotacachi real estate has more or less 150 acres plus the two houses and it borders this lake.

Ecuador-acreage-lake
The asking price?

The asking price is $50,000 for the two houses and the 150 acres.

You can get more details as an Ecuador Living subscriber in the article Opportunity for Solitude near Cotacachi

There are other enormous benefits we’ll gain from change we cannot even begin to understand or see. This is why two most important Lovelock stimulated ideas “There is always reason to be optimistic” and “Enjoy life! are so important!”

These are not new ideas…but ones we should not forget. These are ideas I look forward to sharing with you.

Gary

See dates for our summer and autumn courses and tours:

Business Intuition Course at our farm this August.

Ecuador Coastal-Quito Real Estate Tour

Ecuador Super Thinking + Spanish Course

Ecuador Imbabura Real Estate Tour

International Investing and Business Made EZ North Carolina

Ecuador Ecuador Import Export Course

International Investing and Business Made EZ Ecuador

See discounts for attending more than one course.