Tag Archive | "Canada"

Changes Affecting Retirement in Ecuador or Anywhere


Retirement in Ecuador… or retirement anywhere is changing.

retirement-in-ecuador

Manta is Ecuador’s largest ocean port.  See about shipping and retirement in Ecuador plus a trick to help you retire in Ecuador or anywhere below.

Those who embrace faster change can make their golden years glitter even more.

Those who use old thought in a new world may suffer.

There is a trick to gaining from change which I’ll explain in a moment.

First, an excerpt from the July 30 USA Today article “Older white males hurt more by this recession” by Dennis Cauchon, shows one example about change affecting retirement.  This change is causing more people to retire in Ecuador but affects everyone… even those who are not ready to retire.

The article says:

Dean Canaris, 56, a quality engineer for a Honda automotive supplier, was laid off in April and out the door in 30 minutes with no severance.

Harry Jackson, 55, an airline pilot and supervisor, lost his job in 2007 and, to his surprise, has found it nearly impossible to get another job.

Mark Montgomery, 53, was let go from an Owens Corning insulation factory in April and can’t afford his $575 monthly mortgage payment.

These men from the Columbus, Ohio, area are the unusual new faces of joblessness in this groundbreaking recession: older men cut loose from employment at the peak of their earning power and work experience.

In previous recessions, veteran workers were largely spared the pain of widespread job cutbacks, according to Bureau of Labor Statistics data. Layoffs tended to be concentrated among younger workers: The younger you were, the more likely you were to get fired. Traditional, bread-winning older males — especially white men — were the least vulnerable.

Not so today. Aging Baby Boomers are suffering a harsh employment bust.

Jobless rates for men and women older than 55 are at their highest level since the Great Depression, government data show. White men over 55 had a record 6.5% unemployment rate in the second quarter, far above the previous post-Depression high of 5.4% in 1983.

Those above 55 also are spending more time than ever between jobs. Older workers spend an average 27 weeks between jobs, about five weeks longer than younger workers.

“When you lose your job after many years, you’re not only looking for a job. You find the nature of employment has changed,” says Deborah Russell, director of workforce issues at AARP, the lobbying group representing people 50 and older.

“People losing jobs are increasingly male and increasingly older.”

The loss of a job for an older worker can erase the dominant income of a middle-class family, wipe out savings as retirement nears and deny aging people health insurance when it’s needed most.

“So many of these men were coasting to retirement, working at good jobs and earning good pay.

“Then, suddenly, it was gone,” says Susan Birie, who runs the government’s Delaware Area Career Center in Delaware, Ohio.

Areas of employment that used to be considered safe are gone or going… never to return.

Our recent International Business & Investing Seminar (IBEZ) in North Carolina explained why this is so.

The industrialization of mankind has moved through five eras each with a new form of power.

Era #1: Water-sail-textiles.
Era #2: Steam-railroad-telegraph.
Era #3: Internal Combustion Engine – Car – Production Line – Petroleum.
Era #4: Jet Engine – Phone – TV – Plastics – Chemicals- Fertilizers.
Era #5: PC – Internet –WWWeb.

In the first stage of each era… markets and the economy boom. New jobs are created. Later in the era, the markets crash… the economy slows and the new wave  in the new era wipes out good jobs from the era past.

The railroad wiped out many safe shipping jobs.

The auto industry wiped out many railroad jobs.

Jet travel eliminated many opportunities originally created by cars.

The internet wipes out many jobs in travel.

These changes bring enormous opportunity for those who adapt. One must invest differently and globally.  This is why half of our IBEZ seminars are about global and why we have a strategic alliance with Jyske Bank to offer a multi currency course.

This is why we also focus half of our IBEZ seminar on how to have a global internet business.

Our goal is to help delegates use the trick so they’ll gain from change.

The trick is what we call JDI… a phrase you have all heard…. Just Do It.

We give our delegates at the course enough basics so they can start a part time internet business.  Then we followed up to get the delegates to get started.

The first week after the course, our delegates received this note from our webmaster, David Cross.

Welcome home.  I hope you had a safe trip back from our North Carolina seminar. It was a pleasure to meet you and share your ideas. We’re going to help you give it wings if you desire using the internet in business.

Let’s get started…

You’ve now got an idea – or an idea of your idea. If you want to bounce your idea of me, please do so.

Let’s begin.

Here’s what to do today – yes, right now!

=====
Step 1: Register your domain name.

http://www.godaddy.com/ is about $10 a year for a .com domain name

Done!

(You can ignore all the additional offers GoDaddy will flood you with.  Just grab your domain).

Look out for another update from me this week. Good business, David

This trick in time of such rapid change is to get started with something small.  Then  learn and evolve.

Our delegates have fun with this as well. Here is one reply David received.

Way ahead of you, David !!!  LOL   But will enjoy receiving your updates ….  My sites have been obtained and are our 2 new ventures. I’ll be focusing on one site first with the import/export of cigars. I already have a name for our newsletter so I can work on getting recognition and good Search Engine hits. I will hopefully be adding other products, such as wine, coffee, chocolate and other “vices” in the near future. Gary, I’m hoping to focus on these additional products coming from Ecuador so any leads would be great.

I was reminded of the importance of taking action by a note sent by a kind reader in Canada that said:

Hi Gary, I’ve been reading Henry Ford’s “My Life and Work,” and this short segment mirrors exactly what you have been saying for years! This might come in handy for one of your daily postings. Cheers!

This segment says:

014
—of—
102
My Life and Work
by Henry Ford

CHAPTER II: WHAT I LEARNED ABOUT BUSINESS (CONT’D)

The automobile business was not on what I would call an honest basis, to say nothing of being, from a manufacturing standpoint, on a scientific basis, but it was no worse than business in general. That was the period, it may be remembered, in which many corporations were being floated and financed.

The bankers, who before then had confined themselves to the railroads, got into industry. My idea was then and still is that if a man did his work well, the price he would get for that work, the profits and all financial matters, would care for themselves and that a business ought to start small and build itself up and out of its earnings.

If there are no earnings then that is a signal to the owner that he is wasting his time and does not belong in that business. I have never found it necessary to change those ideas, but I discovered that this simple formula of doing good work and getting paid for it was supposed to be slow for modern business.

The plan at that time most in favor was to start off with the largest possible capitalization and then sell all the stock and all the bonds that could be sold.

Whatever money happened to be left over after all the stock and bond-selling expenses and promoters, charges and all that, went grudgingly into the foundation of the business.

A good business was not one that did good work and earned a fair profit. A good business was one that would give the opportunity for the floating of a large amount of stocks and bonds at high prices. It was the stocks and bonds, not the work, that mattered. I could not see how a new business or an old business could be expected to be able to charge into its product a great big bond interest and then sell the product at a fair price.

I have never been able to see that.

I have never been able to understand on what theory the original investment of money can be charged against a business. Those men in business who call themselves financiers say that money is “worth” 6 per cent, or 5 per cent, or some other per cent, and that if a business has one hundred thousand dollars invested in it, the man who made the investment is entitled to charge an interest payment on the money, because, if instead of putting that money into the business he had put it into a savings bank or into certain securities, he could have a certain fixed return. Therefore they say that a proper charge against the operating expenses of a business is the interest on this money.  This idea is at the root of many business failures and most service failures.  Money is not worth a particular amount. As money it is not worth anything, for it will do nothing of itself. The only use of money is to buy tools to work with or the product of tools.

Therefore money is worth what it will help you to produce or buy and no more. If a man thinks that his money will earn 5 per cent, or 6 per cent, he ought to place it where he can get that return, but money placed in a business is not a charge on the business–or, rather, should not be.

It ceases to be money and becomes, or should become, an engine of production, and it is therefore worth what it produces–and not a fixed sum according to some scale that has no bearing upon the particular business in which the money has been placed. Any return should come after it has produced, not before.

This reminded me that the best investment… especially in this era where smaller is better… is in our own small business.  We are our greatest asset… but we will earn nothing if we do not act.

Here is what another delegate from our July North Carolina seminar shared.

Gary and Merri…  We truly enjoyed your seminar !!!  Thanks so much for allowing us to come. My brain is still spinning from all of the information and I hope that someday, we will be in the red enough to invest our wealth at Jyske Bank as well. Words cannot express how impressed we both were with the entire presentation. And thank you for sharing your farm with us and the wonderful lunch !!!

This may or may not be your “cup of tea”, but I would love to learn more about how to think BIG, which could maybe be a topic of one of your newsletters. I would value the information and expertise coming from you because you have been so successful. On the way home from your seminar, I thought a lot about how I need to change my thought patterns. I was a single mother of 2 for many years and during those years, I was in survival mode … how to make enough money to raise my kids well and still have enough time to be close to them.

I stumbled into timeshare at the end of the 90’s and was able to fix up my home and become credit card free. But after 5 years and moving up to Director of one of the resorts in Orlando, I left the rat-race of that industry and got back into general Real Estate and built up my print broker business. During  the housing boom, I sold my house and moved to the mountains of NC and continued servicing my printing accounts. That’s when my husband and I opened up his Cigar Shop and my New Age Shop. The Florida housing market crashed and so did my Florida printing clientele. Within the last 2 years, our savings went and up went our debts, like so many of us. Now we’re starting from scratch again !!!

The point: I have always done just enough to “get by” …. I have a difficult time visualizing a bigger picture … a bigger income … bigger wealth … bigger savings … bigger vacations … bigger anything !!!  We are very hard-working but don’t seem to get ahead …. bigger !!!

So if you decide to do a newsletter series on the topic of “thinking BIG”, I think there are a lot of us out there who could use your insight …. hey, this could even make a good “course” subject.  In any case, thanks again, Gary, Merri, David, Thomas and Haskell for your knowledge and inspiration  and I look forward to our continued contact and friendship.  Namaste,

So now we have the answer from one of the biggest thinkers of all Henry Ford.  Become an engine of production and then grow.  Little wonder that ford is the last viable US car maker.

One way to adapt to change is to move to a place where costs are lower…  but living and facilities are good… like Ecuador.

Learn more about our emailed course on how to have an internet business.

We get requests from many planning to retire in Ecuador for information about Ecuador shipping.

Merri and I have never shipped to Ecuador and almost all our readers have found it far less expensive to buy most goods in Ecuador than to ship.

ecuador-banks

For example Ecuador shipping may not make sense for tables.  This hand made dining room set built for us from solid (old) coffee wood ran $420…with 6 chairs.  You cannot beat that with shipping!

I have only had one couple tell me they shipped their goods to Ecuador.  They experienced a lot of problems. The problem was not in Ecuador shipping or Ecuador.  They shipped an entire container and stated they had the DEA in New York tear their stuff apart… break items and leave a big mess.  This is beyond the control of the Ecuador shipper.

ecuador-banks

Appliances are a bit more in Ecuador than in the US… but not enough to warrant Ecuador shipping. A gas stove like this runs between $250 and $380.

Even if we had more Ecuador shipping stories, it would be difficult to give Ecuador shipping recommendations unless we had many shipping referrals because your shipping begins where you are… so much of what you need will be local.

ecuador-banks

A couch set like this can be hand built or purchased “as is” for about $750 for two.

ecuador-banks

Read more about Ecuador shipping here.

So whether you adapt to change in a small or big way… at home in Ecuador or elsewhere abroad… get started. Take baby steps as you think big.

Gary

Join Merri me and Thomas Fischer of JGAM and our webmaster David Cross in North Carolina this October.

Learn more about global investing, how to have an international business and early retirement in Ecuador at the course.

Oct. 9-11 IBEZ North Carolina

Or join us in Ecuador and learn more about living and retiring in Ecuador.

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

Oct. 21-24 Ecuador Import Export Tour

Nov. 6-8 IBEZ Ecuador
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

Read the entire USA Today article “Older white males hurt more by this recession

Ecuador Car Prices & Perception


Here is a lesson about Ecuador car prices and how we can gain or lose from perception.

First, you may be surprised to find that the cost of an Ecuador car overall may be less expensive than in Canada, Europe or the US.

In a moment you’ll see some new and used Ecuador car prices.  Then some broader thinking about Ecuador car prices.

First, let me share a true story (as far as I can tell) that helps illustrate a point that reflects in Ecuador car prices but goes way beyond Ecuador car prices.

You may have seen this story passed on over the internet about a musician at a Washington DC Metro Station on a cold January morning in 2007.

He played six Bach pieces for about 45 minutes. During that time approx 2 thousand people went through the station, most of them on their way to work.

After 3 min. a middle aged man noticed there was a musician playing. He slowed his pace and stopped for a few seconds and then hurried to meet his schedule.

4 min. later: The violinist received his first dollar: a woman threw the money in the till and, without stopping, continued to walk.

6 minutes: A young man leaned against the wall to listen to him, then looked at his watch and started to walk again.

Over the 45 minutes the the musician played, only 6 people stopped and stayed for a while. About 20 gave him money but continued to walk their normal pace.

He collected $32.

No one knew that the violinist was Joshua Bell, one of the best musicians in the world. He played one of the most intricate pieces ever written, with a violin worth $3.5 million dollars. Two days before he had sold out a theater in Boston where the seats averaged $100.

This is a real story.  Joshua Bell played incognito in the metro station in a test organized by the Washington Post as part of a social experiment about perception, taste and people’s priorities. The questions raised were: in a common place environment at an inappropriate hour, do we perceive beauty? Do we stop to appreciate it? Do we recognize talent in an unexpected context?

One possible conclusion reached from this experiment could be:  If we do not have a moment to stop and listen to one of the best musicians in the world playing some of the finest music ever written, with one of the most beautiful instruments ever made …..  How many other things are we missing?

So too with cars in Ecuador.  So many people from North America have a perception that they must have a car… that they never stop, even for a moment and ask about others modes of transport.

How much are we missing when we fail to enter new opportunities with an open mind?  What do we lose when we automatically try to impose old habits on new situations without first looking, experiencing and thinking.

This is how it is with so many North Americans who have not experienced Ecuador.  They impose two misconceptions about Ecuador cars.

First, they feel they must have a car without asking why.

Second, they think that Ecuador cars cost more without checking first.

So let’s look at the facts about Ecuador car prices.

Some Ecuador car prices are high… but Ecuador car prices are very misunderstood.

Some Ecuador car prices are actually lower than in the US and Europe and the cost of having a car can almost certainly be less.

Take for example a brand new Peugeot 206 that sells in Ecuador for $16,190.

I am not sure this model is still sold in Western Europe but a used 2006 model Peugeot 206  with 36,000 miles and a 1600 cc engine is advertised for sale in England at almost $17,000.

Comparing cars in different countries is difficult, but this example shows that Ecuador car prices are not anywhere as bad as some people assume.

The higher the price of a car, the greater the difference in cost.  This is in part because the percentage of Ecuador’s duty rises with price. In other words, a Mercedes may have 100% duty and a subcompact almost none.

Some cars are also partially assembled in Ecuador or other countries with trade pacts and the duty on these is reduced.

A brand new Ford Explorer XLT is advertised at $39,950 in Ecuador.  A quick check in the US shows the price in the $29,000 price range.

ecuador-car-prices

Yet a new Ford Fiesta is offered at $13,990 compared to the $12,000 to $16,000 price that is expected when the Fiesta arrives in the USA next year. Fiestas in the UK run over $17,000.

ecuador-car-prices

Ford Fiesta

Some cars seem really expensive to me.  The price shown for a Honda Odyssey minivan like Merri and I drive in the US appears to be double what we would pay in the US.  New Volkswagon Golf (called Rabbits in the US) GTIs seem astronomical as well.

Yet the asking price for a brand new Hyundai Atos Prime is only $10,290.

So depending on what you want, the price of an Ecuador car can be higher than in the US and Europe… or less.

Ecuador used car prices are not out of line either.

This 2000 Chevrolet Cheyenne pickup with 78,000 miles has an asking price of $11,000.

ecuador-car-prices

2005 Toyota Corolla, 54,000 miles, $14,700.

ecuador-car-prices

Previous articles at our site have mentioned that Merri and I do not have a car in Ecuador nor do we drive in Ecuador.  Most of our readers do not have Ecuador cars. See why at Ecuador Car Rental Review.

Though we prefer to hire drivers with cars, you can see from the prices above and below that those who want an Ecuador car will find them easily affordable.

If one takes into account the much lower cost of gas, insurance, parking and maintenance, Ecuador cars probably cost less to run than in the US, Canada and certainly are lower than in Europe.

Every country has a system and Ecuador’s is one that encourages drivers to use smaller, fuel efficient cars that have been assembled with lower cost, local labor.

I am not sure this is what was on the politicians minds when they developed the system but with high duty on big cars and low gas prices, a larger portion of the population can have their own ride if they wish… without creating such a bad a carbon footprint.

Those who want to drive a big fuel guzzler, the polluters  pay in advance.

Plus you cannot import old cars into Ecuador… only new more efficient, less polluting vehicles are allowed in.

I wonder if this is a better system than cash for clunkers where the tax payer, rather than drivers of large and old fuel consumers, pay to achieve better fuel economy?

See more used Ecuador car prices and how to obtain new Ecuador car prices for 239 different models, 220 used cars and  a list of Ecuador car dealers here.

Getting new cars in the US is one of my least favorite activities and one delight for me in Ecuador is avoiding this task.

If you feel you must have or at least know about Ecuador cars… I hope this helps.

Gary

Join Merri me and Thomas Fischer of JGAM and our webmaster David Cross in North Carolina this October and enroll in our emailed course on how to have a web business free.  Save $299.

Learn more about global investing, how to have an international business and early retirement in Ecuador at the course.

Oct. 9-11 IBEZ North Carolina

Or join us in Ecuador and learn more about living and retiring in Ecuador.

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

Oct. 21-24 Ecuador Import Export Tour

Nov. 6-8 IBEZ Ecuador
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 Car Rental Review


See below why our recent article about Ecuador car rentals aroused more than just comments about cars. That message evoked a strong reaction to change… a change that must take place…  a change where resistance is futile and in many places a gesture that degrades our chances for happiness, health and a life of ease.  See why below.

We Americans do love our cars.

I know.

I have kept my little Suzuki Samari going for 22 years now… and hopefully will be driving it for another 22 years…. or more.

 

Four wheel drive from flowers. What fun!

I was not surprised that my suggestion in the Ecuador car rental article “get a driver rather than rent a car  in Ecuador” caused some panic.

You can read that article at car rentals in Ecuador

Beware those who try to separate Americans from their cars!  This caused one reader to worry so about the cost of cars that he wrote:

Hi Gary,  what about importing your own car, or buying one there?
From what you are writing, the living seems to be very inexpensive, that is until you want to travel on your own. Try that on $1000 month or a fixed income.
All that shines is not gold. Reading between your lines these past 3 months I have come to conclude that there are lots of “hidden” costs in living in this 3rd world country.

I have lived for decades in many similar countries, and even worse, however never have I encountered such car costs as you describe. These are by far the most expensive car rentals I have heard of.  Doesn’t make sense living there unless one wants to walk or take taxis everywhere. An independent person would be doomed to frustration.  No, thanks…this was the article that opened my eyes.

This reader jumped to some incorrect conclusions. The gist of the article was that people who visit Ecuador should hire a car and driver.

The car rental situation is quite different for a tourist than for someone who has moved to Ecuador, learned the system… knows the roads and is not trying to see the country in a limited  time period.

Many people who live in Ecuador have cars.  Cars are not that expensive…. especially new ones partly assembled in Ecuador.

Gas is really cheap ($1.50 a gallon) and mechanics very inexpensive.

We recently looked at buying a four wheel drive Land Rover Challenger in good shape for our hotel.  The asking price was $15,000.  But we wouldn’t drive it.

GoEcuador says: It is now possible to obtain a used car in good condition beginning at $4000.

I just posted an entire report about prices of used cars for our Ecuador Living subscribers. If you do not subscribe to Ecuador Living and want that report on Ecuador car prices, learn how to get that report here.

Plus that reader says he is independent because he has a car?

He forgets the fact that this means he is very dependent on cheap gas… something he may not have for long.

In Ecuador, the cost of hiring a driver can be less then renting a car and may even less than owning your own car. The availability of drivers with cars can eliminate the idea that we become dependent on others if we do not have a car.

One small piece of technology altered the automobile driver equation… the cell phone. In Ecuador most people have cell phones.   A number of drivers we and many others rely on have cell phones.  A car is always just minutes away from a call… no parking… no insurance… no maintenance… no getting gas.

Another reader wrote:

Thank you!  We would purchase a locally manufactured ‘middle of the road’ (pun) vehicle.  But I’m worried about drivers, accidents, tickets, gringo-problems with the locals and the police as well as the various other road condition, speeders, etcetera other issues.  (We have both driven over 45 years in various countries with no tickets – I’m not worried about our driving.)  We plan to relocate to Ecuador – probably suburban/rural area (but near enough to a city with a bilingual school) so will need a car daily for commuting our daughter to school, shopping, and more.  How can it be affordable to take taxis all the time instead of owning a vehicle ourselves?  Please let me know how others do it.   Do you and Merri drive in Ecuador? Thanks.

These notes conjure several important points about change from living in Ecuador or anywhere abroad…  points that go way beyond cars.

These readers, like so many readers who contact me, projected the old American commuter ideal onto an imagined lifestyle into Ecuador.

Why?

This mental error is understandable.   We Americans are car junkies.

I am living proof.

Like many Americans I obtained my driving license on my 16th birthday.  Shortly after I found a job and bought my own car… a 58 Chevy Bel Air just like this.

ecuador-car-rentals

That was a great car and I just about lived in it.  We boomers in high school were judged by our cars!

I initially carried the burden of the car mentality with me when I left the USA.  I have driven in some crazy places during my time… jungles… war zones… deserts… swamps.  We’ve had our car robbed in Nice … had fender benders in Djakarta and on roundabouts in London and Rome.  Merri had her car bombed in the parking lot of the Picasso Museum in Barcelona…along with everyone else’s car there. (Long live the Basques!) Plus I have had a couple of cars stolen and some serious smashes in the US.  I live with the effects of a broken back, whiplashed neck and busted knee from driving an Austin Healey Frogeye (see below) into an 18 wheeler truck .

So I have experienced the good and the bad of cars.

When Merri and I bought our first hacienda in Ecuador, the seller threw in a really great, old Land Rover… gray… perfect leather seats but so old it had only three switches… one for the lights, one for the windshield wipers and one that apparently did nothing.   You could (and we did) start that vehicle with a hand crank.  The heating and air conditioning system was a flap in front that you could either open or shut.

We loved that car and I drove it exactly once… from our hacienda to Calacali… about a hour ride with only 15 minutes on a paved road.

The rest of the time we had our driver drive us.  This provided one more job in a country that needs employment plus gave Merri and me time to talk… look at the scenery and not worry about parking and all the rest of the hassle that comes with driving.

That is the only one time I have driven in Ecuador in all these decades.

Now let me add… I have always been a driver.

When I lived in Hong Kong I had a car… a great little Sprite Frogeye. Like this…

I loved that car in Hong Kong but hardly ever drove it.  I took the peak tram, the Star Ferry, taxis… the trolley and even jumped on the bus from time to time.

Why?

Have you ever tried to park in Hong Kong?

Ditto for London. I had a number of cars… first a little MG Midget like this.

In 1970, I drove that MG from London to Rome with my wife and two children… one still in diapers… a mistake… having not learned about the luxuries of Eurorail.

Then I had an Audi… a Peugeot… a BMW… and a Triumph Spitfire.

Yet I rode my bicycle many miles through London traffic from my home is Chiswick to my office on Artillery Row near Buckingham Palace.  I was often stopped by the police and even ticketed for riding my bike on a short cut through Kensington Gardens.   I also regularly used the Tube.

Why?

Have you ever tried to drive in London?

Plus riding the bike every day eliminated having to drive the car to a gym… a double savings.

Here is a point about change that goes beyond cars.

Americans are car addicted because of the nature of America.

Americans need and are highly dependent on cars because everything is spread out,  gas has been cheap, there is little public transportation and labor is expensive.

This set of conditions does not apply in all countries.  Cars are an asset in the USA but they can be liabilities elsewhere.

Why in a time when the environment is at risk through pollution… energy prices are rising… and roads are becoming more and more congested… would one want to stick to a lifestyle that revolves around one car per person if that is not the most effective lifestyle?

The one car per person mentality is old thought.

We really need to move onto the new.

Due to high labor costs, Americans have become hooked on DYI.   Yet when we move to a country with great, low cost labor… it makes sense to take advantage of these conditions.  Everyone gains.

When we can do good, why not create a bit of employment and save time, energy and money… why not sit back and enjoy the ride?

Hundreds of my readers have moved to Ecuador.  Almost none have chosen to buy a car because they really are not needed in many places there.

In Cotacachi we walk. Our friends who have moved to Cotacachi report  losing weight, feeling better and having more energy… in part because they walk more instead of driving.

Taxis are very inexpensive.  Most trips around town are a dollar and they come quickly to a cell phone call.  Though Merri and I do not use the buses, many of our friends do. The system works well.  If we need to take a trip away from the village, we have a number of drivers who have excellent vans and cars who charge between $55 and $70 to take us wherever we want to go.  A ride is  available at any time night or day… with one cell phone call.  Usually on a long furniture shopping trip to many places nearby, we might spend $10-$15….plus we have the advantage of the driver’s help, no problems parking, etc.

We have eliminated the cost of the car… gas… maintenance…. insurance…. parking… security.

Many US and Canadian readers write to us asking about cars…. big refrigerators… washing machines and dish washers.  These are all products that have evolved from North America’s spread out, low energy, high labor cost, nationally distributed, highly preserved food lifestyle.

In many countries you do not need these expenses and burdens.  You can walk daily to the market and get great fresh food.  This is fun!

Why have a huge fridge?  Merri and I love visiting the market. We searched for the tiniest fridge we could find.  We live just like we lived in London for all those years.  Every morning out on the streets looking for THE perfect vegetables, fruits, etc. and then enjoying a morning coffee and back home with everything for lunch!  What fun!

ecuador-car-rental

Here’s the kitchen of one of our condo rentals.  Do you see a fridge?  It is tiny and hidden away. We amble to the food markets instead. Cotacachi market is just three blocks away and we enjoy buying our food fresh from our neighbors.

ecuador-car-rentals

Ecuador Visit

The market provides these bicycle carts. For 50 cents or a dollar a happy man will ride all your groceries home for you….and put them away if you like!

The food market is fun and we love having a hot fig and cheese sandwich for breakfast. Not a combination most would ever dream of. They are delicious but missed if you are driving your car though miles of traffic to get to the American style super market!

Why pay a premium for imported dishwashers and washing machines when you can have cheerful, happy people do your cleaning and ironing for you?  You save time, energy and create employment to help the poor.

Which makes more sense?  Spend extra money for a very expensive  imported washing machine that takes up space in your home… and requires effort on your part or spend a LOT LESS money letting these two cheerful mothers, Rosita and…

ecuador-car-rental tags

and Rosita Elena…

ecuador-car-rental tags

do your laundry and deliver your sparkling, ironed clothes to you?  I love all natural clothes but they do require startch and ironing…and here’s our delightful answer.

You save space, money and help the Rositas support their families.

There is another important point here.

You help the environment. One washing machine that serves 20 families is better on the environment than 20 machines serving families.

Ditto for cars. Even in the USA, car sharing is growing as explained in the Washington Post in an article entitled “Car-Sharing Merges Into the Mainstream
Not Just for Tree-Huggers: Businesses and Universities Help Drive Growth of Flexcar, Zipcar.”

You can see how Car sharing is growing in Germany and car sharing is growing in Japan.

Car sharing is growing in these industrialized countries because labor is still dear.  In Ecuador you can car share with a driver!

Plus one more really important point.   With rising energy costs, why would any of us think that on a limited budget we can continue to have this wasteful high energy lifestyle?  Why would we even want our old wasteful high energy lifestyle?  Americans have been warned.  Four dollars a gallon gasoline can return.

In fact four bucks a gallon may be low.  In Europe gas can cost seven dollars a gallon.

This note is not about cars.

It is about change.

We’ll be seeing more and more change in our lifetimes… coming faster.

We can profit if we adapt to the change and take advantage of new circumstances by living in new ways based on the local conditions that surround us.

Those who try and stick to old ways in a new environment will lose opportunity and ease in life at best. They may even suffer… sometimes a lot.

Change means we may life differently than before.  Change means we may even choose to live in a country where we were not raised and born.  This change can enhance our lifestyle… improve our health…. relieve our stress… if we adapt and embrace that country for what it is and enjoy its unique attributes.

If we choose to leave one country… why try to reproduce what we decided we no longer enjoy? If you want a mini USA or another Canada in Ecuador… but on the cheap… I expect you’ll be very disappointed coming to Ecuador.

Ecuador is a great place to be… but it is Ecuador… not Canada… not the USA.

Think about the quote by Anatole France about change: All changes, even the most longed for, have their melancholy; for what we leave behind us is a part of ourselves; we must die to one life before we can enter another.

Through change we may lose the one car per person lifestyle… but gain stronger legs… healthier lungs and cleaner air.  We may not be able to jump in the Chevy, go to the levy and drop off the laundry, do the banking  and get a Big Mac on the way… but in the change we can eliminate our fear of the meter maid.

Plus that ride can still be provided by a wonderful knowing person… just one cell phone call and minutes away.

Do not get me wrong. I still have cars… three right now in fact… all in the US, a Honda minvan for long drives and our old Suzuki and a conservative Dodge pickup for use on the farm.  Conditions warrant each.

Yet I am thinking about creating bio diesel from the farm when change brings the day that gas is not so available or cheap.

We have no car in Ecuador and have never missed one for a second.

If change is bringing a time when the daily one person per car commute must pass… Ecuador is a great place to get started.  For car sharing with drivers, taxis, buses and yes walking… Ecuador is a good place to be. 

Gary

Join Merri me and Thomas Fischer of JGAM and our webmaster David Cross in North Carolina this October.

Learn more about global investing, how to have an international business and early retirement in Ecuador at the course.

Oct. 9-11 IBEZ North Carolina

Or join us in Ecuador and learn more about living and retiring in Ecuador.

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

Oct. 21-24 Ecuador Import Export Tour

Nov. 6-8 IBEZ Ecuador
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.

See why we love Cotacachi Market here.

Ecuador visit

 

International Investing Trick


Here is a global diversification trick that may do well in the likely global economic scenario ahead. Buy good value shares internationally as markets dive during the summer dip.

In a moment we’ll look at some Ecuador health ideas… first the investing trick.

Global equity markets have been in a bear market rally for six months but are now hitting the summer blues due to seasonality.

Share prices will probably drop now. Chances are there will be a strong global equity slump at least through October 2009.

This will create extra value in equity markets and provide good opportunity to pick up high value long term.

The bear market is likely to carry on until 2012-13, but good value shares acquired during dips are more likely to spike early and have extra potential after the bear ends.

Now through October 2009 could be a good time to invest in high value shares for long term appreciation.

But which shares… in which markets?

One way to approach this is to look for extra value created by inefficiencies in markets…to find markets where the values are best.

Statistically this is the best way to be absolutely sure of the best long term returns.

There are numerous investment managers who use very strict valuation criteria (usually based on dividend yields, cash flow, price earnings) to spot the best value markets.  They then try to apply similar criteria to select good value shares in the good value market.

The next goal is to decide how much should be weighted in major market and how much in emerging markets.

Here is a comparison of the Morgan Stanley Major Market versus Emerging Market indices.

The MSCI World Index is a market capitalization weighted index that measures the equity market performance of developed markets.  It includes 23 developed market country indices : Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States.

The MSCI Emerging Market Index includes Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Korea, Malaysia, Mexico, Morocco, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey.

MSCI Indices performances.  Total per annum return over:

Major                            Emerging
15 years    4.10%                   5.41%
10 years  -3.85%                   9.11%
5 years    -2.77%                  11.16%
3 years   -10.81%              -00.17%
1 year      -20.81%             -27.53%
3 mos.      14.30%               27.53%

Regardless of the time frame observed,  the emerging equities almost always seriously outperformed major markets… but as a class they also dropped further in the 2008 downturn.

Here is a year-on-year comparison for the past five years.

Major                   Emerging
2003  10.74%           29.63%
2004    6.46%           16.51%
2005   26.17%           54.41%

2006     7.40%          18.23%

2007     -1.66%         25.71%
2008   -50.30%      -37.64%
2009      5.39%         34.79%  3 months

This history suggests that emerging markets deserve a substantial ranking.

However before becoming too aggressive in over weighting emerging markets, we have to keep in mind two thoughts.

First economic thought. The last 15 years has been a catch-up era when the investing world caught on to the idea that emerging markets offered great opportunity.

Second economic thought. A great deal of emerging growth came from debt financed exports to the developed world. This leaves emerging economies holding huge amounts of debt for customers who may not be able to repay the debt nor continue to buy the same volume of goods as before.

The easiest way for investors to invest in good value during dips is via a value mutual fund.

You can select a value major market fund, a value emerging market fund or a value diversified fund.

The benefit of a value diversified fund is that the professional manager decides how much to weight in emerging and major markets.

For example I just sent a lesson to our multi currency subscribers that showed a US traded international diversified value fund that has risen 36.08% in the past quarter ending June 30, 2009.  This fund is 86% in major markets and 14% in emerging markets.

Learn how to read about this fund as a multi currency subscriber.

The most valuable asset we can have in tough economic times is good health. This is why we studied Ecuador health ideas at our June tour.

Cotacachi is considered sacred by the shamans… a place of wonderful mountains that ring the valley.  This is Mt. Cotacachi to the west.

ecuador-shaman-recap

Mt. Imbabura to the east.

ecuador-shaman-recap

The valley is surrounded by mountains like these twin peaks…

ecuador-shaman-recap

creating wonderful, mystic  sunrises.

ecuador-shaman-recap

The first afternoon of the tour we visited La Mirage Spa and the Shamana Estella.

ecuador-shaman-recap

She began a theme that the many shamans we visited confirmed.   She said that the three keys to better health, increased longevity, more energy and fulfillment are good nutrition, proper exercise and good sleep.

The purpose of the Ecuador shamanic tour is to learn ways to unlock this healthy  combination in a natural low cost way!

The second day we joined Clemencia, the Shamana of Zuleta and drove 15 minutes from our hotel Meson de las Flores to Otavalo market where we visited the local food market…

ecuador-shaman-recap

filled with fruits…

ecuador-shaman-recap

vegetables…

ecuador-shaman-recap

flowers and …

ecuador-shaman-recap

herbs.

ecuador-shaman-recap

Here is the shamana speaking to the group with Merri and Mauricio translating.

ecuador-shaman-recap

We learned the importance of the herbs to make good teas that hydrate the body are cedron, chamomile and lemon verbena.

ecuador-shaman-recap

We learned how other herbs relax such as chamomile and valerian root. Plus we were told to boil lettuce in milk as a prebedtime drink for better sleep.

ecuador-shaman-recap

On the other hand, tea from cinnamon, paprika, cloves and ginger help reduce sluggishness in digestion and to speed the system when we need to be fired up.

ecuador-shaman-recap

You can read this entire report as an Ecuador Living subscriber.

Gary

We hope you’ll join us and enjoy Ecuador’s or North Carolina’s beauty soon.

ecuador-sun

Sunrise from Meson de las Flores.

July 24-26 IBEZ North Carolina

Oct. 9-11 IBEZ North Carolina

Or join us in Ecuador and learn more about living and retiring in Ecuador.

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

Oct. 21-24 Ecuador Import Export Tour

Nov. 6-8 IBEZ Ecuador
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 & Coffee Distortions


This message looks at how to take advantage of micro sector booms and Ecuador coffee.

We begin with an excerpt from a recent multi currency lesson on coffee.

When one becomes involved in things that are of interest, discipline comes more naturally.

For example… I should have seen this micro sector boom investment opportunity coming, because…

I love coffee.

Ecuador-coffee

Here I am with Merri at our Cotacachi hotel, working in the courtyard… with our coffee.

Sometimes… really simple, in our face things…. can give us investing clues.  Warren Buffet for example made fortunes from shaving, ice cream and Coca Cola.

The Coffee Micro sector has been caffeine fueled!

A recent USA Today article by by Matt Krantz entitled Coffee stocks are piping hot these days shows why simple ideas… that create micro sector booms… combined with value… create opportunity.

Here are excerpts from this  article:

Looks like coffee is starting to perk up on Wall Street.

While the broad market is struggling to hold its recent gains, shares of five of the largest publicly traded coffee companies are on a high boil.

Shares of Diedrich Coffee (DDRX) are up 4,525% this year, Green Mountain (GMCR) has doubled and even Starbucks (SBUX) is up 50%.

That shows that investors think consumers, despite the recession, still crave their coffee fix, though they’re looking for ways to spend less, says Michael Podhorzer of research firm Sidoti. “Coffee is recession-resistant,” he says. “Whether they go out for it or go to a grocery story, people will still buy their coffee.”

Behind the coffee stock boom:

• Do-it-yourself. Green Mountain is at the center of the make-your-own trend, as it makes popular single-serve coffeemakers under the Keurig brand name. Consumers drop a small coffee-filled pod in a machine, and coffee flows into a cup.

• Cost control and better store traffic.  Starbucks rose 3.3% to $14.16 Tuesday after Robert W. Baird analyst David Tarantino upgraded it to outperform, saying advertising helped boost coffeehouse visits. And a close eye on cutting costs improved profit upside for Starbucks, says Cowen analyst Colin Guheen.

• Low share prices. It didn’t take much confidence to make investors willing to take a shot on the stocks, because they were priced for disaster. Diedrich and Caribou Coffee (CBOU), for instance, started this year at less than $1.50 a share.

This does not mean that you should rush out and buy coffee shares now. The article also goes on to say:

Some fear investors are in a caffeine-induced frenzy. Podhorzer is neutral on Peet’s Coffee & Tea, (PEET) saying, “We don’t really see any big problems, but we think it’s fairly to slightly overvalued.”

ecuador-coffee

I like coffee so much I bring back Intag organic coffee from Ecuador to enjoy when we are at our farm  in North Carolina. More on Intag and Ecuador coffee in a moment.

We’ll see in a moment why Peet’s shares may be poor value, but the point is not that we should invest in coffee shares… or coffee at all. The shares mentioned above may or may not offer good value.

The lesson here is that we can look around our home, our office or place of work. We can assimilate what we see in our travels… what we do each day… what we are involved in.  This observation can give us obvious clues.

We do not have to invest in rocket science to make money either.   Often the big money is in the mundane.

We need to spot ideas about things that we know… that make sense from our perspective… before they become a hot trend in the market place.

Then, if we get lucky, the trend will catch on.  If we are not lucky… but have invested in value… the shares will rise anyway… but in a longer term.

The coffee mania coffee shares may be caffeine charged, but too much caffeine makes the hands jittery and… perhaps… makes share prices shaky as well.

Let’s use this micro sector boomlet to see what to do to take advantage of micro sector booms.

Keep in mind the way these micro sector spurts work.

First, one coffee share takes off.  Maybe the share is  a good one.  Maybe not.

Then, the second and maybe a third share takes off.  Then even bad value coffee company shares begin to rise.

Peet’s (the coffee & tea company) can give us an idea of how one can think these micro sector booms through.

The first valuations of a share’s value  always relate to management skill and experience,  market share, PE ratios… price to cash flow… return on dividend and yield, business plan and future of the market, etc.

Then look at the history of the share price.  Peet’s shares, despite the caffeine boom are in a longer term on a down trend… even though it was bucked up by the coffee boom.  Here is a two year chart of Peet’s price.

coffee-share-price

Then look at volatility.  Here we see a bit of a roller coaster.

Next look at the currency in which the  share is denominated.   Peet’s of course is a US dollar denominated share.  A look at an 18 month dollar euro  chart shows that if you jumped in March 2009 exactly when the Peet’s price was starting its most recent climb you lost a third of the profit, in euro terms, due to the US dollar’s fall.

The Peet’s share price went from $20 to $27, a 35% jump.

However the greenback tumbled from $1.25 per euro to $1.40 per euro, about a 12% loss, in the same period.

US dollar versus euro January 2008 – June 2009.

dollar-euro

Next look at the currency stability factor of the share.

All the coffee companies have a fairly high currency stability risk because the expense of their main commodity is a big part of their cost in relationship to overall income.   The cost of silicon is low in relationship to the cost of a computer, etc.   The cost of coffee in relation to the price of a cup of coffee is high.

Coffee companies sell a refined commodity… i.e. coffee.   In times of inflation, their main ingredient cost is likely to rise enough to have a direct bearing on the sales price of the product.

Next look at sales. If a company is doing business around the world, it has greater commodity stability. The income is in dollars, yen, sterling, euro etc.

Starbucks for example has about 12,000 stores, almost 4,000 of which are in 36 countries outside the U.S.    US consumers drink only about  20% of the world’s coffee.   Starbucks aggressively sells its offerings in countries that already have dedicated coffee or tea drinkers and international revenues have been jumping  over 30% a year.   Nearly 30% of total company revenues now originate outside America, up sharply from only 9% in 1997.

Peet’s Coffee & Tea Inc. (PEET) on the other hand expands mainly in the US by using targeted advertising, such as direct mail and email.  Peet’s has multiple channels to sell its products, including retail stores; home delivery; food services; office; and grocery stores. Peet’s coffee is currently sold in over 3,500 grocery stores… leaving it much more vulnerable to a drop in the buck.

Peet’s has some good points.  Sales rose by 14% in 2008.  Corporate executives agreed to a management salary freeze for 2009, while increasing salaries for hourly workers.  Starbucks’ heavily reliance on expanding stores to increase sales, requires more capital and risk than Peet’s approach to grow at a more measured pace and focus more on grocery store alliances to sell coffee beans.

Peet’s strategy paid off in the down turn, but is this the most dynamic approach wen the recovery comes.

Peet’s share price has risen 35% on sales growth of 14% and lower profits.  This does not make sense from a value point of view.

There are many factors to judge when trying to find value either in a likely trend (that has not happened) or in a micro sector boom like coffee.

The two factors that make consistent success in this investing process more likely are sticking to what you know and always looking… hard…  for signs of good value.

This research led me to find a company that earns a sixth of its income from coffee… has paid a dividend every quarter for the past 60 years, has earnings from over 50 countries,  yet its shares are down 30%.

I have just sent our multi currency email course subscribers a report on these coffee related shares now have a strong technical analysis showing that their price is in an upward trend now. Learn how to subscribe to our emailed multi currency course and receive this coffee share report here.

Join us July 24-26 in the Blue Ridge and save $249.

You can have the $175 multi currency subscription free when you enroll in our upcoming July 24-26 International Business and Investing Seminar.  You save $175.  More details are below.

Intag Ecuador Coffee

Few know that  just 15 miles from  Meson de las Flores in Cotacachi lies the tropical Intag Valley.   This is where I get our Ecuador coffee.  Though close in miles, Intag is a two and a half hour ride by car.

Apuela is the first town of any size in the Intag.  As you enter the Intag valley the village presents a remarkable view stretching into the distance. Far below, on a spur of land above the valley floor Apuela is hemmed in by green cliffs on both sides. Here is this view of Apuela.

The valley floor has been carved by the waters of River Intag rushing headlong towards the Pacific.  This valley appears to be no more than a quarter of a mile wide and much less in places.

Here is the Intag River .

Apuela itself is a mix of concrete and rustic buildings situated in a low canyon on the main road into town. Local produce spills from little stores. Now and again a sign offers accommodations or lunch.

Apuela is the home of the Intag Coffee Company.

We serve only the delicious, organic coffee from Intag at our hotel Meson de las Flores. One of  our readers who stayed at Meson tested Intag coffee for acidity and it scored a remarkable 6.7 on the ph scale!  Unbelievable!  Most coffee is truly acidic.

Intag Coffee Company is a cooperative located in a small cement and wood construction just off the main square.  You can  smell the coffee roasting as you enter the main door.

Here is one of our trusted taxi drivers, Isaak, looking at the huge bags of raw beans brought to the roasting house by the farmers of this cooperative.

Though a small operation, Intag coffee sales are steadily growing and demand often exceeds supply. The cooperative’s aim is fair trade and they pay far higher prices to local farmers than the Ecuador norm. The coop grades the beans in the roasting and packing center. Then begins the roasting procedure. In Intag one can buy wholesale or retail, with packaging or without. Raw, white beans are available to roast or roasted whole or ground coffee is sold. There is a selection of three roasts; expresso, medium or fine. Here is the roaster machine and the beans.

Intag Coffee has a very efficient operation that exports to Spain and Japan though not yet to the USA or Canada. Here´s a picture of their Japanese Intag, fair trade, organic coffee packaged and ready to go.

The raw organic coffee for the coop comes from small farms settled around Apuela and scattered throughout the Intag.  Here is an Intag farmer picking coffee.

Sadly, many of the restaurants and cafes throughout Ecuador serve Nescafe instant coffee.  Not us at Meson de las Flores.

Here is Consuelo and Eduardo serving coffee and a high protein welcome quinoa cake to delegates at a recent tour…. always Intag organic coffee.

ecuador-coffee

We brought back Intag coffee to serve to our delegates at our July 24-26 North Carolina course, so whether you are thinking Ecuador coffee to drink or about coffee shares to own,  you can know more about it from our North Carolina course.

Gary

Join us July 24-26 in the Blue Ridge and save $175.

Merri and I love our life in the Blue Ridge… the rushing streams and…

ecuador-banks

the mountain flowers peeking into our kitchen.

ecuador-banks

We love our life in Florida here is a view from one of the houses on our recent house buying trip there.

ecuador-banks

Plus we’ll look at investing and living in the Andes. Here we are with our Andean family at our hotel Meson de las Flores.

ecuador-banks

and the majestic mountain views from our condo there.

ecuador-banks

We also look at Ecuador beach investing.

ecuador-banks

We review tax and asset protection benefits from global business and investing as well.

Plus we’ll look at coffee shares.

We hope you’ll share our beautiful lifestyle in the cool Blue Ridge with us this summer. July 24-26 IBEZ North Carolina

I have just sent our multi currency email course subscribers a report on coffee related shares that now have a strong upward trend.

Enroll in our July 24-26 seminar and I will enroll you in our multi currency course and send this coffee investing report free. You save $175.

July 24-26 IBEZ North Carolina

Cotacachi Hotel Savings


Gain Cotacachi hotel savings and more… up to $343 in only one week in Ecuador.

I explain below. First let me introduce one of the nicest small Ecuador hotels in Ecuador. This small hotel (15 rooms) is in Cotacachi… Meson de las Flores.

Ecuador Living subscribers are entitled to one free night  the first time they visit  Cotacachi and stay three nights  or more at Meson de las Flores.  There are many other hotels where you gain discounts as a subcriber… which I explain below.

First more on Meson de las flores in Cotacachi.

There are many charming reasons to stay at Meson de las Flores.

The colonial  architecture charms and welcomes you.

Cotacachi hotel El Meson

Other Meson de las Flores  hotel amenities include:

  • Free broadband internet..
  • Free calls to the USA, Canada and Europe.
  • Free served breakfast.

Plus a warm, welcoming, caring staff who really do want to look after you.

Cotacachi hotel El Meson

Room rates at Meson de las Flores in Cotacachi are only $59 a night plus 22% service and tax.

Enjoy the beauty of Cotacachi.  Here is the Cotacachi Cathedral next door to Meson de las Flores by night.

Cotacachi hotel El Meson

By day.

Cotacachi hotel El Meson

Save $343 or more at small Ecuador hotels as an Ecuador Living subscriber in just a week.

To assist those interested in Ecuador,  Ecuador Living has established a full time full support research and assistance team to help Ecuador Living subscribers in any way required.

One benefit is hotel savings in Quito, Cotacachi, Cuenca and on the coast.

For example if you stay three days at Meson de las Flores in Cotacachi, one night is free ($79 savings).  If you stay two nights at Palmazul, one night is free ($142) and two nights at Hotel Quito, you save $122 with the discount Ecuador Living subscribers get  there.  That’s a $343 saving compared to you Ecuador Living subscription of $119.

You can subscribe to Ecuador Living here.

Meson de las Flores has a central location in Cotacachi…

cotacachi-hotel

All rooms are above the open air courtyard.

cotacachi-hotel

A three room suite is avialable on the third floor.  See it at Cotacachi Hotel Suite.

The hotel serves breakfast lunch and dinner in the opebn air courtyard and…

cotacachi-hotel

dining room.

cotacachi-hotel

Full seminar and AV facilities are available. Here are delagtes meeting at a seminar conducted in Cotacachi at Meson de las Flores and the ajoing Cotacachi Cultural Museum.

cotacachi-hotel

Merri, I and the staff of Meson de las flores welcome you!

cotacachi-hotel

Left to right:  Gary, Meson mascot Ma, Maurico-translator – night clerk and guide, Eduardo – Maitre d , Franklin – Manager, Alberto – sous chef, Merri, Rosita – room care giver, Consuelo – food server, Rosita Molena- room care giver and Santiago – Chef.

Gary

Here is an Ecuador tours update for  Gary Scott’s 2009 Ecuador information tours, courses and seminars conducted at meson de las Flores and Palmazul spa.

He is a view of the Cotacachi sunrise from our suite at hotel Meson de las Flores.

ecuador-tours

We hope you’ll enjoy Ecuador’s beauty with us soon.

July 4-8 Ecuador Export Tour

July 8-9 Imbabura Real Estate Tour
July 10-13 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.

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.

Brazil Multi Currency Opportunity


See how my multi currency course subscribers have been able to gain up to 50% in Brazil during 2009.

Many readers at this site know me best as Mr. Ecuador.  However recently some of our subscribers have enjoyed the biggest profits as multi currency investors in Brazil.

Though Merri and I have been investing, living and working in Ecuador for over a dozen years now, our greatest expertise is as multi currency investors as we are in our 41st year.

See below how multi currency investing brought us to Ecuador and how your interest in Ecuador can now bring you a free subscription to our multi currency course as I present a survivors guide to currency and market turmoil.

Those interested in Ecuador do not have to change currencies when they travel here because Ecuador’s currency is the US dollar.

This means they need to learn how to make your money go up as the US dollar and stock markets go up and down…

The US dollar has fallen… badly against major currencies like the yen, euro and Swiss franc for 37 years.  You can see this long term, steady decline of the US dollar in this chart from Grandfather.com.

multi-currency-debt

One reason for this fall is the growing debt in the USA.

Now this debt is even worse. Here is a picture from USA Today that shows how the US public debt  has just grown 12%.

ecuador-tickets

Even minor currencies such as the Colombian peso, and Brazilian real have risen steadily versus the US dollar… 25%, 50% since the early 2000s and more.

Until.. in 2008, the greenback suddenly zoomed up… as stock markets collapsed around the world. Now the dollar is falling again.

Sideways motion like this destroys most investors.

Yet there is a way to earn even in these worst times…by learning how to spot value…that turns turmoil and currency shifts into profit.

This is not just a problem for Americans either. The dollar’s downfall affects currencies all over the world and creates global economic turmoil. For the modern economy to operate in its current fashion some reserve currency is required.

Yet what currency would you choose…the Chinese yuan…the euro…gold, oil? Would you trust your life savings to speculate on that?

Of three things we can be sure.

First, The US dollar will fall more…much more.

Second, there will be confusion. Many…in fact most uninformed investors will lose…a lot.

Third there will be inflation…worldwide due to the excessive spending in the current global financial bailout.

Smart investors who know how to spot value in multi currency portfolios at some of the world’s safest banks have already earned 57%…120% …263% so even with the doom and gloom, they are still ahead.

More important these same investors have learned how to survive through turmoil.

My name is Gary Scott. I have been writing and publishing information about the falling greenback and how to earn from it though international investing for over forty years (since May 1968 to be exact).

Fortunately I stumbled across multi currency investing at an early stage and wrote a book about this clear back in the 1970s when the US dollar was first beginning to erode.

Since that time my books and reports have helped hundreds of thousands of investors find hot areas of value in every decade.

In the 1970s we helped our readers  find investments in gold & silver as well as investments  in the currencies of Japan, Germany, Switzerland, England, Australia and Hong Kong.

In the 1980s, the Tigers, Taiwan, Singapore Malaysia and South Korea, & Turkey were the places where our readers gained value.

The 1990s saw South America (which led me to Ecuador) as the place to invest.

The early 2000s offered great value in China, India and Eastern Europe.

We have helped readers find good value real estate throughout this time, first in Hong Kong, then London, Switzerland,  Isle of Man, Dominican Republic and now Ecuador as well as in Small Town USA.

We have also helped readers bet against the US dollar throughout these decades which as the chart above shows has worked well.

Finally in the early 200os we began helping readers find good value green investments.

I would like to offer you a valuable real time emailed course that teaches how to invest in multi currency portfolios plus how to sometimes use leverage in these portfolios to create extra profits.

Sleepy Safe Portfolios Can Earn Over 100% Per Year

Multi currency investing does not require any fast trading techniques.  Multi currency portfolios are normally slow and sleepy investments…not currency contracts or futures speculations.  Most multi currency positions are aimed with a five year horizon…pretty sleepy compared to people who trade currencies (an entirely different and far riskier technique).  For most of us, slow and sleepy means SAFE!

Yet multi currency portfolios can be really profitable as well.

How sleepy and how safe?

Let’s look first at sleepy.

In 2006 we created an Asian multi currency portfolio consisting of just five award winning mutual funds.

We did not touch the entire portfolio for an entire year. Then after one year we made just five changes…dropping two mutual funds and adding three other mutual funds. Then we did not make another single change. That’s pretty sleepy, choosing a handful of mutual funds and making only five changes in two years.

How safe?

The portfolio was chosen with the help of one of the world’s safest banks and the mutual funds were held at that bank at all times.

Okay. Here is the big question. How profitable?

In the first year (2006) this portfolio rose 114.16%. Then we made the five changes mentioned (two funds dropped and three added). In 2007 this portfolio rose 122.62%. 2008 was a disaster year which we will look at in a moment.  But when your portfolio is over 200% in two years, it takes a lot of disaster to lose.

Suppose we get more specific.

That safe bank is a Danish bank. That’s good because in recent years Denmark has been rated by Standard & Poor’s as one of the safest country in the world in which to bank

The bank is Jyske Bank…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. The Danes have always been big currency traders because as a small naval country surrounded by England, Sweden, Finland, Russia, Germany, Norway and other countries…they have always had to deal in many currencies.

This historically gained expertise means that unlike most banks (that trade only eight hours a day) Jyske maintains a 24 hour global currency and commodity dealer service. 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.

Let’s address this issue of safety in more detail. Normally this is a pretty moot point. Right now everyone is concerned. Is a bank safe or not? I like Jyske from a bank safety point of view because there are three bank safety points, from the top down.

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: Jyske Bank is Denmark’s second largest bank.
On October 10 2008, Moody’s affirmed Jyske Bank’s long-term Aa2 rating stable 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.

That’s safe!

I happen to know Jyske Bank because I began using them (as my bank) over 20 years ago. They are one of the few banks that offers a special multi currency portfolio service for investors from almost anywhere in the world.

I was one of the first writers and publishers to begin writing about multi currency investing. Jyske bank was one of the first banks to offer a multi currency portfolio service…and they were my bank.

Not surprising we got together and have created a strategic alliance that can help you learn how to create multi currency portfolios that suit you.

My multi currency course helps readers learn how to find good value and develop multi currency portfolios that suit their specific circumstances.

Before I explain how you can use this course, let’s look at both the up and down side of these high performing portfolios?

The course provides two levels of education. Part one gives readers an extensive beginner’s guide to developing multi currency portfolios.

Part two is unusual and neat.  Part two educates in real time. We create multi currency portfolios and track them real time.  The education comes from dissecting and discussing the portfolio results.  This is a totally novel way to learn…real time from real portfolios created by some of the best investment managers in the world as these portfolios rise or fall in the market place…in the here and now.

Jyske Bank assists by providing all the portfolio details.   Our symbiotic relationship allows me to combine my experience with this bank’s incredible knowledge, real time capability and expertise so course subscribers can learn in a most practical way from some of the greatest multi currency experts in the world.

Here is our educational performance over the past few years.

We created five portfolios for educational purposes on November 1, 2005. One of the five multi currency portfolios was the Asian Emerging Multi Currency Portfolio. The portfolio started with a $100,000 investment and a $200,000 loan in Japanese yen (more on the loans in a moment).

This gave us $300,000 to invest in this portfolio.

Amount

Currency

Investment

75,000

Rupee

Jyske Invest Indian Equity Mutual Fund

75,000

Yuan

Jyske Invest Chinese Equity Mutual Fund

75,000

Yen

Jyske Invest Japanese Equity Mutual Fund

75,000

Multiple

Jyske Invest Emerging Market Bond Fund

Investments Total Value 300,000.00

Invested $100,000

Loan $200,000 100.00% JPY at 1.63%

Loan cost for one year $3,260.

This portfolio diversified into bonds and equities throughout Asia ..very multi currency.

Chinese yuan, Indian rupee, Japanese yen and more.

Twelve months later the portfolio was worth $417,420. Paying off the loan cost $203,260 leaving $214,160 or $114,160 (114.16% profit) on the $100,000 originally invested.

On November 1, 2006 we made the five changes mentioned above. We dropped the Japanese equities and emerging market bond mutual funds and added an Eastern European, Far Eastern and Turkey equity mutual funds. This is how the rearranged portfolio stood.

Amount

Currency

Investment

75,000

Rupee

Jyske Invest Indian Equity Mutual Fund

75,000

Yuan

Jyske Invest Chinese Equity Mutual Fund

75,000

EUR

Jyske Invest Eastern European Equities

50,000

Asian

Jyske Invest Far Eastern Equities

25,000

Lira

Jyske Invest Turkish Equities

Investments Total Value 300,000.00

Invested $100,000

Loan $200,000 100.00% Czech Koruna at 3.875%

Loan cost for one year $7,750.

As promised this portfolio only had five changes. We swapped the Japanese equity fund for a Eastern European equity fund and dropped the bond fund replacing it with a Far Eastern and Turkey equity fund.

May I, at this point, interject a note about Jyske Invest fund managers. They are a Danish firm and are the investment management affiliate of Jyske Bank. This rock solid organization uses a good value system have been rated #1 by Morningstar. They use this value system to select shares in their mutual funds and we place these funds in our multi currency portfolios because they are strictly regulated by the Danish government and have such an excellent record…because they focus on finding value, not market timing.

So how did this new updated portfolio do? From November 1, 2006 to October 31, 2007 the fund rose in value from $300,000 to $430,370. The loan payoff of $207,750 leaves a profit of $222,620 or a rise of 122.62%.

There you have it, a safe sleepy portfolio created at and held in one of the world’s safest banks. With only three trades in two years the performance has been up 114.16% in year one and up 122.62% in year two.

I am sure that when looking at performance like that you are thinking “how did the other portfolios do?” Good question and your suspicions are correct…some of the other portfolios did not rise this much.

Yet believe it or not some portfolios did even better.

For example the 2007 Green Portfolio consisted of six shares and rose 266.30%!

Here is the exact performance of all five portfolios for the last two years.

2006 Portfolio

US Dollar Long

9.04%

US Dollar Short

10.43%

US Dollar Hedge

11.46%

Emerging Market

42.93%

Asia Emerging Market

114.16%

2007 Portfolios

Dollar Neutral

38.67%

Dollar Short

48.19%

Swiss Samba

53.32%

Asia Emerging Market

122.62%

Green

266.30%

You can imagine with performance like this attracted quite a bit of attention…and it did.  However these high returns are not the important benefit you gain with our multi currency course.

Our course does not recommend nor manage portfolios.  We did not suggest that any single reader invest in any of these portfolios. The portfolios are educational and designed to help readers work with their own investment manager to create their own multi currency portfolio that suits their own special, individual needs.

Our multi currency investment course helps readers learn how to manage their manager… nothing more.

Yet this is incredibly valuable because Jyske Bank can provide a stable and safe institution for those who wish to employ a multi currency strategy.

The course helps guide readers so they can direct any investment adviser or investment manager who understands how to invest in more than one currency.

The course also helps you manage risk. The incredible portfolio performance above was achieved because the portfolios were leveraged using a tactic we call a multi currency sandwich. Investors borrow low and invest in yielding or growth portfolios. The portfolios used loans in Japanese yen and Swiss francs to magnify profits in good times.

The course teaches how these loans can magnify losses in bad times as well.

For example look at the performance of the leveraged portfolios we created to study from November 2007 through September 2008.

2008 Portfolios

Infrastructure Portfolio

-112%

Blue Chip Portfolio

-79%

Danish Health Portfolio

-92%

Asia Emerging Market

-73%

Green

-56%

Leverage in 2008 caused the portfolios to lose badly…in one instance the total portfolio was lost!

The multi currency course is useful because it helps investors not to expect rising markets all the time.

The power of studying markets real time, as they unfold, wards off false expectations.

The course helps subscribers learn how to look ahead and act rather that react (after the fact when it is too late).

The sad fact is…we all have to become multi currency investors.  Trusting your fate to any one currency now can destroy your purchasing power.    Every investor needs to know what to do!

The course helps spot when to leverage good times and when to retract for the bad.  he idea is to cash in when the going is good and then withdraw.

For example in early August 2007…well before the market crash….our study of the market began to show increased risk.  Our first warning lesson said:  “We have enjoyed two years of enormous growth.  Periods of high growth are normally followed by periods of low growth.”

August 17, 2007 a lesson said: “The numbers are close enough that we could be entering the fourth sub cycle down (similar to 1976 to 1978). If so expect a sustained drop in markets for two to three years.”

On September 21, 2007, a lesson said: “equity markets dropped again violently last month. Now these markets have recovered again. Yet this may be a last gasp party.”

An October 14, 2007 lesson stated:  “We never know for sure when an upwards cycle will stall. Fundamentals look good for a bright 2008 in emerging and equity markets, but this can change quickly so to give our readers a better perspective, this year we are reducing leverage and adding a sixth portfolio with no leverage to study”.

The October 15, 2007 lesson reviewed how leveraged investments rise and fell faster than investments without leverage.

The lesson on Oct 26, 2007  saved many investors as it was entitled Leveraged Investments Gone.  Just before markets started to head south this lesson warned: “I have had only about 10% of my portfolio leveraged. Compare this to 200% for the Green Portfolio (which is up 265% this year). Now I have none.

So a lot of my portfolio investments are basically in a multi currency portfolio of bonds…mostly in pounds, Swedish and Danish kroner. The equities I hold are mainly in Europe and I do not leverage equities…especially after markets have risen so much. Periods of high returns are normally followed by periods of low returns. These facts, plus my belief that numerous economic woes are rising and my recollection of Oct 1987 leave me wanting to reduce risk in my equity portfolio. So now I have eliminated all my leverage.”

The next lesson warned again: “Okay it’s time to turn the burner down.”

A November 8, 2007 Black Friday lesson reviewed  all the warnings above again and more.

The course also helps readers find ways to spot unusual distortions that profit even in bad times.

For example  lessons  on April 18 and April 27 2009 looked at the benefit of investing in Brazilian currency bonds.

This lesson led to a quick profit.

Here is an excerpt from our June 12, 2009 lesson:

Based on these ideas and those presented in the April 18 and April 27 lessons we looked at why Brazilian bonds made good sense in the LONG TERM.

Sometimes we get lucky though in the short term… as we have now.

Brazilian bonds have made a sudden jump up!   Those who have invested in them have made as much as 50% (in US dollar terms) this year.

Yet the distortion we’ll review below shows how there is even more dollar denominated profit potential ahead.

Last week the Brazilian central bank lowered key interest rates to 9.25%.  This will likely send the price of  Brazilian real denominated bonds up.

The central bank has stated that there could be more rate cuts, but they will be smaller.

This is positive news plus Brazilian inflation has declined to 5.2% from 5.53% in April 2009.

When you take into account the high interest of the real, the rise in value of bonds and the rise of the real you can see the potential.

Brazilian real bonds have risen nearly 30% since the beginning of the year…  in terms of Euro!

This is where there is another huge distortion.  The real has not risen anywhere near this much versus the dollar.

The charts from finance.yahoo.com below show the distortion.

In the last three months the US dollar has dropped from $1 = 2.30 BRL to $1 = $1.97 (- 14.3%) versus the Brazilian real as this chart shows.

brazil-distortion

In the last three months the euro has dropped from 1 euro = 3.05BRL to 1 euro = 2.60 BRL (-13.5%).   This correlation of the euro and dollar would seem normal except…

brazil-distortion

as the chart below shows, the euro has risen from $1 euro = $1.28 to 1 euro =$1.40 a 9.27% rise versus the US dollar.

brazil-distortion

In addition the Brazilian central bank has had to intervene several times in recent months to avoid the Brazilian real being too strong against the euro.

Traditionally the real has had a strong correlation with the dollar but the recent weakening of the buck versus the dollar has not spilled over into the Brazilian real.

In other words. The real is up against the euro almost 10% more than against the dollar.  This is called a cross rate distortion and means that one of two things is likely to happen.  The dollar will rise versus the euro or  the dollar will fall versus the Brazilian real.

Given the fundamental US fiscal weaknesses that could push the dollar down, I am bullish on the real rising more versus the dollar and this makes me bullish about Brazilian real denominated bonds.

Always remember the basic rule though is to never speculate more than you can afford to lose.   A US dollar – Brazilian real sandwich is worth discussing with your portfolio manager or adviser now but could creates losses as well as profits.

I have not leveraged my Brazilian bond investment. Based on this data I instructed JGAM to increase me Brazilian bond holdings.

If you are using Jyske Bank, and are a non US citizen or resident, or a US citizen living abroad, you can simply have the bank purchase Brazilian bonds and lend you the funds (within the bank’s loan to asset restrictions).   Non US citizens contact Rene Mathys for more details at mathys@jbpb.dk

US citizens should contact Thomas Fischer at fischer@jgam.com

If you are a US citizen resident in the US and have an advisory account with JGAM, they may not be able to buy Brazilian bonds for you.  They could  buy the US traded ETF “The WisdomTree Dreyfus Brazilian Real Fund.” (BZF)

These three lessons (April and June 2009) helped many readers cash in on an unusual value!

I would like to invite you to enroll in our multi currency investment course and to also receive a nine lesson report that covers basics and fundamentals of  multi currency investing.

This nine lesson report has been read by tens of thousands of investors over the years.   This report sells on its own as a survivor’s hand guide to currency turmoil for $79.  I’ll email it to you free when you enroll in our online course.

The course is emailed to you regularly and studies stock, bond and currency markets worldwide, real time, as they unfold.

I believe, from the response of tens of thousands of readers over the last 20 years, that you will gain enormously from the course.

Our course helps you learn  why and where to invest and learn why and how currencies and interest rates rise and or fall.

The initial nine lesson report I’ll email you free also shows how to calculate and manage leveraged risk and how to decide if and when to leverage or not.

Is this course for you?

Everyone needs to know how to have multi currency diversification. But in case this course does not help you, we provide a 30 day “completely satisfied or your money back” guarantee that we have offered our hundreds of thousands of readers for more than 20 years.

Our Multi Currency Educational Service is a mere $175 for a very long and educational year! Won’t you share this exciting world of wealth accumulation with us and our readers around the world? Multi Currency Educational Service

Gary Scott

Multi Currency Portfolios Course. Subscribe

Or enjoy this multi currency course for a year free!  Here is how you can save $175.

We enhance our emailed courses with regular international investing and business seminars that I conduct in coordination with Jyske Bank and Jyske Global Asset Management.

Here I am at our last seminar in Naples Florida (may 2009).

multi-currency-debt

The speakers at the Naples seminar discussed prospects for the economic future.  Left to right: Samuel Rachlin,  Rich Checkan, Steve Blumenthal, Joe Cox, John Mauldin, Gary Scott, Lars Stouge. Thomas Fischer Moderating.

The 115 delegates reported that they really gained from listening to what we had to say and…

brazilian-bond-distortion

talking among themselves during the coffee brakes and at meals.

brazilian-bond-distortion

One benefit of these seminars is talking to an overseas banker.  Here I am at the Naples  seminar  with my Jyske account executive Anders Nielsen.

brazilian-bond-distortion

Thomas Fischer of Jyske Global Asset Management will join us for the July North Carolina seminar.

I invite you to attend this July course. If you enroll between now and July 1st, I’ll also enroll you in  our emailed multi currency course free. You save $175.

Enroll in our July 24-26 International Investing and Business Made EZ course here

Here is Thomas speaking to our delegates at a previous course.

brazilian-bond-distortion

Enroll in our emailed Multi Currency Portfolios Course for $175  here.  Subscribe

Save $175!  Receive the emailed course free when you Enroll in our July 24-26 International Investing and Business Made EZ course here

Here is what a few others from around the world have said about our services and reports on international investing.

“ Gary , I am a long time subscriber in various media, and while cleaning out my files today I found some old ‘Gary A. Scotts World Reports’. In particular, the April 1988 issue provided the info that made me over a million dollars. Just wanted to say a belated ‘thank you’ and please continue the excellent work. Warm regards,”

From an Unknown Reader

“Dear Gary, I would like to give thanks to you for introducing me to Jyske Bank two years ago.

“I have been a long-time client of Merrill Lynch, but am in the process of re-evaluating my relationship with the largest brokerage company in the world. My problem is that when I compare Merrill to Jyske, Jyske outshines Merrill (or other major U.S. brokerage firms) in most categories as follows:

“1) Even though Jyske is much smaller, it has a much more global perspective which is critical in an evermore global investment environment.

“2) In order to maximize their own individual revenue, the brokers at Merrill prefer to outsource the day-to-day management of their accounts to various fund managers and hence, ‘manage the managers’. In contrast, I can call my Account Manager at Jyske and he can discuss every aspect of my account in detail with me.

“3) I attribute this difference in #2 to the fact that Jyske’s employees are not compensation driven, but instead are focused on satisfying their customers. That is why Jyske’s clients stay with the Bank on average for 12 years, which is phenomenal by Wall Street standards.

“4) Jyske’s security is far more stringent than that of Merrill’s. In addition to the standard account code and password, to pass through Jyske’s security one has to enter a Key Card number and also a randomly-generated 4-digit number from said Key Card.

“5) Having an account offshore allows me to sleep better given the anxious times we live in. Since I report the existence of the account and pay all taxes due, I am fully compliant with the law. However, such an account gives me and my family a ‘financial life boat’ should events in our own country ever get out of hand.

“As Dorothy Parker once said, ‘You can lead a horse to water, but you can’t make them THINK’. Jyske is a thinking person’s bank. My only complaint is the time zone difference since I live in California . However, since I am an early riser and my Account Manager is very responsive to my emails, this problem is very small relative to the HUGE benefits.

“Again, many thanks for introducing me to Jyske Bank. Given the ‘dumbing down’ that occurs in the popular media today, your ezine and its recommendations are ever more important. Please continue your good work to enlighten your readership.

“Warm regards,”

C.M. CALIFORNIA Businessman

“I was so overwhelmed with information I received I had to spend several days reading, sorting and filing it! I have decided to move my modest investment capital overseas.”

B.W. MONTREAL CANADA Professor

“Send me your report on safe banks lending at 7% for redeposit at 13% or more.” B.V. ADDIS ABADA ETHIOPIA Economic Commission United Nations

“A number of new and significant contacts were made. It would be extremely helpful if you could supply us with WORLD REPORTS.” I.M. TORONTO , CANADA Banker

“You are as good as your word which is rare these days. I look forward to attending one of your seminars.” C.K. GENEVA , SWITZERLAND Banker

“In spite of my marketing experience, your information really got me going!” M. C. LONDON, ENGLAND Marketing Consultant

“Thanks for the three reports. They are very interesting and should find many readers here in Japan .” M.A. Tokyo , JAPAN Computer Programmer

“I would like to say how much I enjoyed the information I received.” A.B. Providenciales TURKS & CAICOS Accountant

“First let me say how much we enjoyed the investment seminar.” W.J. SAUDI ARABIA Oil Engineer

“Once again thanks for all the great information.” G.K. PERTH , AUSTRALIA Insurance Executive

“Your letter of November 8th warned me to beware of the market just a week before the 120 point crash on November 15th!” T.G. N. CAROLINA Pilot”

Won’t you join us as we learn from our Multi Currency Educational Service? Just a mere $175 for a full 12 months of valuable, wealth building education.

Enroll in our emailed Multi Currency Portfolios Course for $175  here.  Subscribe

Save $175!  Receive the emailed course free when you Enroll in our July 24-26 International Investing and Business Made EZ course here

Fresh Ecuador Roses


Fresh Ecuador roses are the best… for less.

You can order fresh, environmentally sensitive, premium roses from Ecuador here.

Subscribe to two years of Ecuador Living for $159.  Save $158.

You can order the 50 fresh cut roses for $79 ($20 is donated to LOTS) here.

Ecuador premium roses are truly stunning!

Merri and I love our fresh roses from Ecuador.  We immediately place them on our dining room table and by morning they are fully opened and incredible!

Here is our last bouquet.

Ecuador-christmas-roses

Ecuador roses can be ordered now for delivery on Tuesdays, Wednesdays and Thursdays.

The price is $79 for 5o roses.

Here are two ways to obtain 50 fresh cut roses.

The first saves $163.  We provide a service called Ecuador Living to assist those with a genuine and immediate interest in Ecuador. This service shares our continual research and experiences in global business, living and investing in Ecuador plus our contacts. We feel the service is a bargain at $119 a year.

If you subscribe for two years, I’ll reduce the price from $238 to $159 and also send you 50 fresh cut, premium roses worth $79 FREE.  This is a $158 savings!

Fedex will deliver them directly to you from Ecuador.  Open them. If you are not satisfied that these are truly remarkable roses, give them back to the Fedex driver and let me know. I’ll give you a full $159 refund.

To assure the refund you must inspect the flowers with Fedex when they are delivered. If you are not satisfied, they must be returned at the time of delivery.

Subscribe to two years of Ecuador Living.  Save $79 plus receive 50 roses worth $79 free…a total savings of $158.  If you already subscribe to Ecuador Living, order the roses in this offer and we’ll extend your subscription  two years.

Subscribe to two years of Ecuador Living for $159.  Save $158.

If you do not have a great interest in Ecuador but just want these incredible, fresh roses. Simply buy them for $79 for 50 fresh cut roses including delivery by Fedex.

This is not a deal that helps my pocketbook.  We are paying $59 to deliver these roses to you.

We donate $20 to the charity. We pay my credit card discount. At the $79 price, I lose two or three dollars for each 50 roses shipped.  That’s okay…the cause is worthy.  Merri and I will share the joy of the gifts you help make…for the poor  in Ecuador.

Subscribe to two years of Ecuador Living for $159.  Save $158.

Order 50 fresh cut assorted color Ecuador roses for $79 ($20 is donated to LOTS).

You can have fresh Ecuador roses yourself or send them as gifts …plus help Ecuador’s poor.

I will  forward your order to Roberto Ribadeneira the rose plantation coordinator who will contact you, arrange colors and delivery dates and follow your order from the farm to your home.

This will make sure that you get the fastest possible service and to assure that your flowers arrive exactly when you want them.

Plus your roses are guaranteed.

You can have 50 fresh cut assorted color roses from Ecuador delivered to any zip code in the USA…including Hawaii or Alaska including shipping for only $79.

I regret that these roses are not available in Canada or outside the USA.

Gary-with-roses

Here I am with 250 fresh Ecuador roses I had delivered for Merri’s birthday.

Ecuador roses are very reasonably priced and we offer the best value here for premium roses. I recently checked the internet.

1800flowers offered 36 Martha Stewart Roses for $259.00.

Flowerbud.com offered 50 premium roses for $135.

48longstems.com offered 50 roses for only $69…plus shipping… $22.94
or a total 91.94.

www.overstock.com offered 50 roses for $94.99.

We charge only $79 for 50 fresh cut, premium roses, including Fedex overnight delivery.

This is  a great price because these are Premium Quality Roses.

Though this is perhaps the lowest price for roses you will see, the roses are special, not like anything offered in a store or even at most florists.

These are premium roses with extra large heads that open fully.

Fresher Quality Roses

Most roses go from Ecuador to Miami by air are stored in Miami then shipped by truck until they sit in a store. They can be a week or more old when you see them. The roses you receive from this offer are cut and stored overnight, driven by refrigerated truck to Quito airport and flown to Miami to a special refrigerated Fedex facility until, then flown to your Fedex destination for immediate delivery to your home or office. This means they last longer. During summer conditions are harshest for cut roses…a special instruction is included with your roses on how to make them last.

Subscribe to two years of Ecuador Living for $159.  Save $158.

Order the 50 fresh cut roses for $79 ($20 is donated to LOTS) here

Kitchen-roses

Here are 50 fresh Ecuador roses recently delivered to my North Carolina home.

Fedex will deliver them to you within four days of being cut in Ecuador. Open them with the Fedex driver. If you are not satisfied do not accept delivery and have the Fedex driver take them back. Let me know. I’ll give you a full $79 refund.

This inspection must be done at the time of delivery and refunds cannot be processed after the roses have been delivered and the Fedex driver leaves.

Subscribe to two years of Ecuador Living for $159.  Save $158.

You can order the 50 fresh cut roses for $79 ($20 is donated to LOTS) here.

Dozens-of-roses

Here are fresh Ecuador roses at our hotel in Cotacachi.

dozens-roses

Environmentally Clean Roses

The roses your receive are certified by Veriflora. The VERIFLORA seal is a real,
green program that regularly spot check farms for ecologically sound systems that include:

1- Water and ecological conservation: implementing water management systems to prevent depletion of fresh water supplies.

2- Product quality: implementing practices to ensure the quality of the product through the whole chain of delivery to the final consumer.

3- Advanced agricultural practices: integrating organic practices wherever possible. To only use approved green label certified pesticides. To allow no discharge of pesticides run off into the environment.

4- Waste management: recycling and composting as well as the proper disposal of agricultural chemicals.

By March of 2007 the co-op that sends your roses had certified 144 acres.

Certification means the growers have met or exceeded the requirements. There is no middle ground with Veriflora, no differing levels of certification. You either are ecologically sound and certified, or you aren’t.

That means you receive environmentally friendly roses.

Dining-room-roses

Here is a red and bi color combination of fresh Ecuador roses we had delivered to us in North Carolina.

Fair Trade Roses

In addition the Verflora seal requires the rose grower to be socially responsible adhering to recognized labor and community standards, specially pertaining to health and safety, work conditions, hiring practices, discrimination, harassment and fair pay.

The growers offer every single one of their workers:

-free doctor and medical treatment at the farm for workers
-day care facilities for infants
-free breakfast and lunch (and dinner when they work late)
-free sports and recreation facilities
-small business loans -when workers want to leave to set up their own small holding farm
-workers fund -for financial help with school fees to buy a car, etc
-complete health and safety equipment provided free -helmets , gloves, masks, etc
-paid maternity leave with a guarantee of work when they want to return
-overtime paid over and above the legal requirements
-Christmas parties, summer holiday excursions, sports tournaments
-a safe and secure work environment with job satisfaction and potential for personal development

There you have it…three great reasons to experience the warmth of the people and beauty of Ecuador…The freshest…best roses…and you help the environment and the poor by having them delivered into your home.

Your 50 roses will come packed in a special box with two colors of 25 each.

You can still order the 50 fresh cut roses for $79 ($20 is donated to LOTS) here.

seminar-roses

These are fresh Ecuador roses delivered to our North Carolina office.

“Orders received before 9 am on Sunday will arrive the following Thursday or Friday.

Orders received after 9 am Sunday through 9 am Friday will
arrive the following Tuesday or Wednesday.”

The plantation will send a “how to care of roses” page in every box to ensure the proper care of the product.

Dried-roses

We dry our fresh Ecuador roses as they age and continue to use them. Here are 100 dried Ecuador roses on our stair case in North Carolina

Gary

Subscribe to two years of Ecuador Living for $159.  Save $158.

You can order the 50 fresh cut roses for $79 ($20 is donated to LOTS) here.

breakfast-roses

Now you can take time to smell the roses even at breakfast…at affordable prices as well.

Notice how large these fresh rose heads are when opened.

Subscribe to two years of Ecuador Living for $159.  Save $158.

You can order the 50 fresh cut roses for $79 ($20 is donated to LOTS) here.

Global Investing and Ecuador


My global investing and business began 41 years ago May 2, 1968 and eventually led me to Ecuador.

My background as son of a zoo keeper did not leave me prepared.

ecuador-global-investing

Here is a newspaper clipping of my sister Sandra and me feeding a baby lion we kept at home… one of many lions and tigers we raised.

Let me share 41 years of multi currency investing and a couple of important facts I learned that may help you… including what’s happening with the swine flu in Ecuador.

I arrived in Hong Kong in the night, the tropical air so soft it was a velvet mist.   Thick evening scents in the fragrant harbor and mellow insects purrings in rhythm with the cacophony of the great city!  What a an exotic adventure.

Kai Tak was Hong Kong’s airport then and being American born and bred, I knew nothing about investing aboard.

That was my first airplane trip, first time out of Oregon. Portland to Vancouver, Tokyo to Hong Kong.  I melted in my heavy woolen blazer, was weary and afraid but excited too. An incredible global investing journey had begun… and continues to this day.

Here I was, 21 years old.

passport_25_07_2007_4.jpg

Here is the first stamp in that first passport. That stamp you might say was my first international investment.

passport2_25_07_2007_3.jpg

That first stamp makes a point by the way about how to enter and initially work or invest in a country.  That first stamp was issued May 2, 1968 and allowed me to stay in Hong Kong until June 2, 1968.

I worked in Hong Kong for quite some time on tourist stamps… coming in for a month at a time.   I was developing sales teams in Japan, Korea, Taiwan, Thailand, Indonesia, Indonesia, Singapore and the Philippines at the same time so a month was plenty of time before I exited.

ecuador-global-investing

Here is one of my first sales teams… this one in Hong Kong led by John So Kwok Kee (far left – you can guess which one I am).

I built teams from the north in Japan down through Thailand.  One of the salesmen we worked with in Thailand, Brian Tracy, returned later to Canada and has had great success in the sales education field.

Starting a business, investigation or residence with a tourist visa is a pretty good idea. This is usually the easiest, most efficient, practical way to begin so you can be sure what you are doing and how you’ll develop a more permanent stay if you want one.  In many cases… such as mine… a permanent tourist system is simply the easiest and best.

I began my business in Hong Kong this way and for years I also lived and worked in England on tourist stamps before obtaining my permanent residence there.

A reader recently sent me this note about Ecuador tourist visas.

“Gary, When I was staying at the Hotel, someone mentioned that you do not
have a residential visa for Ecuador.  Is this correct?  How do you
spend as much time in the country as you do?”

Here is my rely:

“I spend less than 6 months a year in Ecuador.

“We have heard from others who come stay for 90 days, leave for just a day or two (especially just over the border in Peru or Colombia)  and come right back that there are difficulties.

“Our experience is that every time we come to Ecuador we are given a 90
day visa.  However we do not stress this system. For example we may stay 70 days and then be away for weeks or even a month or so.  Then return for 20 days or so.. then leave for another month etc.   The immigration officers look carefully at the total number of days by the end of the year and to help them, I keep a list of each day we have arrived and departed and the page number in our passport… so they can efficiently see we have not been in more than 180 days the maximum allowed on a T-3 tourist visa).

Be careful not to overstay. One reader reported that having done so he was denied entrance upon his return and were not allowed to return to Ecuador for one year.

We have a full report on Ecuador visas and an immigration attorney who helps our Ecuador Living subscribers.

I am also preparing a report for Ecuador Living subscribers to answer this question from a reader yesterday.

“Hi Gary, Wonderful timing, we had tickets to fly from Guadalajara to Quito yesterday, but were stymied by the fact that Ecuador (and Peru) are refusing passengers from Mexico.  We understand Ecuador’s borders  will be closed for a month to non-residents flying in from Mexico.

We had thought about flying back to the States and then flying to Ecuador, but an electronic scan of our passports would show we’d been in Mexico and we’re not sure what would happen.  Any insights?   Thanks!

You can obtain these reports and answers as an Ecuador Living subscriber. Learn how to subscribe to Ecuador Living here.

Back to Hong Kong.  I began there selling US mutual funds.

When arriving there 41 years ago there is no way I could have known how exciting the next decades would be, how much information, facts, figures, ideas and insights on how to invest globally would be gained. Had I known the mistakes to be made I would probably have run!

Then I moved east again to England and Europe… trying many things.

Thankfully all the trials, tortures and errors were mitigated by much fun and an earnest endeavor to live right and learn.

ecuador-global-investing

Here is a newspaper clipping of me  with a business partner in my London office on Artillery Row selling square inches of Graceland… not really a very good idea.

Later I imported Rolls Royces and Bentleys from England to the US… a better idea.

ecuador-global-investing

One goal at this site is to share basics of global investing and living an international life learned over these 41 years. Global investing has changed so much during this time and is changing even faster now.  I am continually forced to rearrange my thinking strategy and tactics at a faster pace.

We offered health courses at our North Carolina farm. Here I am with our son, Jake, with one tactic we taught… a morning dip in a cold creek after exercise… yes that is snow on the banks and no… this not surprisingly did not sell very well either.

ecuador-global-investing

Our food as medicine courses taught by Merri in her teaching kitchen at the farm had better attendance!

ecuador-global-investing

For almost 15 years now we have been conducting courses in Ecuador. Here I am this year in the meeting room at the Cotacachi museum next to Meson de las Flores on an Ecuador export tour.

ecuador-global-investing

This continual evolution has helped Merri and me, our readers and our income continually grow… through good times and bad.

Yesterday April 2009 for example ended with anoter record month for our internet sales.  Our 2009 sales (April month on month) were up 48.01% over April 2008, which in turn were up 24.04% over April 2007 sales.

Our sales in the first four months of 2009 were up 81.75% over Jan through April 2008 which was up 26.20% over 2007.  Learn how to develop an internet business that can grow like this here.

The reason we have survived and progressed amidst this never ending update is that the little stuff shifts and evolves, but the fundamentals remain immutable.

Investing globally is not a panacea, but expanded horizons are. Life is a trip and we have an entire globe to enjoy the ride.

Two years ago on May 2, 2007, I wrote:

History suggests that this is a time when chances are increased for panic and sudden drops in investment markets. Investors who have proven themselves nervous short term thinkers are highly leveraged, in thin, over purchased markets that are easily sinkable boats treading the dangerous waters of May though October when tradition says the currents will most likely be treacherous and surrounded with lots of storms.

Now, that this risk has proven true, history also suggests that we have a once in a life time opportunity.

The way to cash in on this incredible opportunity is the same way I suggested avoiding the collapse two years ago. I wrote then: “One way to get good international investments is to take a long term, expansive international view.”

My first trip abroad 41 years ago was significant because 1968 was the beginning of a new era for world stock markets. When I arrived in Hong Kong the world of investing was dominated by Wall Street. That was about to end. 1968 was the year when the Hong Kong Stock Market began to explode upwards along with Tokyo’s market. What a ride!

The Heng Seng Index was then 100 and rose to 18,000. Anyone who steadily committed money to this market then made a fortune.

I can sum up my investment basic investing and advice in seven sentences.

#1: 1970s. Invest in real estate, gold, silver Japan, Germany, Switzerland and Hong Kong.

#2: 1980s. Invest in real estate, the Tigers, Japan, Taiwan, Singapore Malaysia and South Korea as well.

#3: 1990s. Invest in real estate South America (which led me to Ecuador).

#4: 2000s. Invest real estate, China, India and emerging markets including Ecuador real estate.

#5: Always have an expansive view.

#6: Use stop losses during peaks.

#7: Have an international investment view. Never overextend. Don’t trade too much, just hang on.

This philosophy has reaped millions for Merri and me. Had we been more expansive, we would have an extra $20 million or so.  However our conservative approach to business and investing also protected us during the recent melt down of 2007 and 2008.

This may be time to begin taking advantage of the recovery. Panic is subsiding but values are still high. The huge excesses of the US and other government’s will at some stage begin to seriously erode the purchasing power of currencies.

I remain highly diversified from a currency point of view.  Here is my current currency breakdown in my liquid portfolio that represents 43% of my total portfolio.

An excerpt from a recent Multicurrencyinvesting.com lesson explains why when I wrote about the currency distribution of investments:

Here is my currency distribution:

Danish kroner    24%
Euro                     24%
British Pound      8%
US Dollar            12%
Canadian Dollar 3%
Norway kroner   4%
NZ Dollar             3%
Sweden kroner    7%
Brazil real             3%
Hungary Forint   6%
Turkey Try            6%

With more than a third of my liquid position in Danish, Swedish and Norwegian kroner, my Scandinavian  position is seriously over weighted in terms of global market size.

One reason is because these are such small countries located on the sea.  This means that their histories are composed of  travel and trade.

A nation’s heritage reflects in the value of its currency strength. This fact helped me answer this question from a reader.

“Gary, Will  future strength in DKK be bad for equities denominated in that currency?”

Here is my reply.

Most of the Danish companies you would buy are global companies.

Because Denmark is such a small market any large Danish company is doing most of its business out of Denmark  so a lot of their success depends on the type of business business and where the company actually manufactures and sells its products.

Plus look at the margins built into the product.

One benefit in Scandinavia is their very highly educated population. A recent Time magazine article shows that Finland (not Scandinavian but Baltic and Finland’s currency is the euro – otherwise I would have Finmark in my portfolio as well) ranked number one for educational performance of 15 year olds in math. Denmark was number 10, Sweden number 15 and Norway number 23… all ahead of the US (number 25).

Finland was number one for reading performance of 15 years olds as well.  Sweden number seven, Norway number 10 and Denmark number 16. The US was number 15.

This means that the products produced in these nations will tend to be high value.

For example, Novo Norsk makes insulin.  I suspect that the margins are substantially high.

Ditto for novozymes that makes enztymes for environmental purification.  These are firms where there is likely to be a great deal of value added into their product.

Vestas, makes wind turbines. and may be more affected by a strong kroner if they do a lot of manufacturing in Denmark but are having and sales in the US and especially if their competitors manufacture in the US or other countries where the currency is weak.

I am updating the value of major and emerging markets now at multicurrencyinvesting.com and will be revaluing our green and Danish portfolios in upcoming lessons.  You can subscribe to our Multi Currency Portfolios Course here.

I have increased my Ecuador real estate to 22% of my total property.  The balance is in US property and I am looking to add more US property now in Florida and or Savannah.

If you have real estate in central Florida or Savannah that you would like to swap for real estate in Ecuador… let me know.

I have held a high cash position for over a year but now agree with Warren Buffet who recently wrote about business and opportunity:

Clinging to cash equivalents or long-term government bonds at present yields is almost certainly a terrible policy if continued for long. Holders of these instruments, of course, have felt increasingly comfortable – in fact, almost smug – in following this policy as financial turmoil has mounted. They regard their judgment confirmed when they hear commentators proclaim “cash is king,” even though that wonderful cash is earning close to nothing and will surely find its purchasing power eroded over time.

Now is the time to convert cash into investments that will appreciate with the loss of cash’s loss of purchasing power… stocks… commodities… real estate or your own business.

This leaves all of us with a lot to do after 41 years of a global life.

I feel healthier and more energetic then 41 years ago.   Maybe I am not wiser… but I am more experienced and seem in a better position then when I took that first trip.

Merri and I look forward to the next 41 years… and we look forward to sharing them with you!

Gary

This is the schedule of Gary our 2009 Ecuador information tours, courses and seminars.

May 16-17 Ecuador Coastal Tour

May 20-21 Imbabura Real Estate Tour

May 22-24. Ecuador Amazon Herbal Tour

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 Mother’s Day Roses


Ecuador Mother’s Day Roses can now be ordered. See below how to get 50 Mother’s Day Roses free below.

Merri and I love our fresh roses from Ecuador.  We immediately place them on our dining room table and by morning they are fully opened and incredible!

Here is our last bouquet.

Ecuador-christmas-roses

Ecuador Mother’s Day roses can be ordered now for delivery Tuesday May 5, 2009.

Orders must be received by  by Thursday April 30th at 10am Eastern Daylight time.

For specific colors, like pinks and whites the price is $91 for 5o roses.

The roses cost more this season so our normal offer of 50 fresh cut rose price is suspended until after Mother’s Day.

50 roses with the plantations choice of color is $84.

During this time the rose farms are so busy they cannot give a choice of color except…  for an extra charge.  For specific colors, like pinks and whites the price is $91 for 5o roses.

Here are three ways to obtain 50 fresh cut roses for Mother’s Day.

The first saves $168.  We provide a service called Ecuador Living to assist those with a genuine and immediate interest in Ecuador. This service shares our continual research and experiences in global business, living and investing in Ecuador plus our contacts. We feel the service is a bargain at $119 a year.

If you subscribe for two years, I’ll reduce the price from $238 to $159 and also send you 50 fresh cut, premium roses worth $84 FREE.  This is a $168 savings!

Fedex will deliver them directly to you from Ecuador.  Open them. If you are not satisfied that these are truly remarkable roses, give them back to the Fedex driver and let me know. I’ll give you a full $168 refund.

To assure the refund you must inspect the flowers with Fedex when they are delivered. If you are not satisfied, they must be returned at the time of delivery.

Subscribe to two years of Ecuador Living.  Save $79 plus receive 50 roses worth $84 free…a total savings of $168.  If you already subscribe to Ecuador Living, order the roses in this offer and we’ll extend your subscription  two years.

Subscribe to two years of Ecuador Living.  Save $168.

If you do not have a great interest in Ecuador but just want these incredible, fresh roses. Simply buy them for $84 for 50 fresh cut roses including delivery by Fedex.

($20 surcharge half the order to be red roses).

This is not a deal that helps my pocketbook.  We are paying $65 ($72 for color choice roses) to deliver these roses to you.

We donate $20 to the charity. We pay my credit card discount. At the $84 price ($91 for half red), I lose two or three dollars for each 50 roses shipped.  That’s okay…the cause is worthy.  Merri and I will share the joy of the gifts you help make…for the poor  in Ecuador.

Order 50 fresh cut assorted color Ecuador roses for $84 ($20 is donated to LOTS) to be delivered Tuesday May 5, 2009.

Order 50 fresh roses with your color choice for $91 ($20 is donated to LOTS) delivered Tuesday May 5, 2009..

(Fedex does not deliver roses in Canada or outside the USA)

You can have fresh Mother’s Day roses yourself or send them as gifts …plus help Ecuador’s poor.

You can have 50 fresh cut assorted color roses from Ecuador delivered for Valentine’s Day to any zip code in the USA…including Hawaii or Alaska including shipping for only $71 (add $20 if you wish half the roses to be red).

I regret that these roses are not available in Canada or outside the USA.

Gary-with-roses

Here I am with 250 fresh Ecuador roses I had delivered for Merri’s birthday.

Merri and I love Ecuador for the warmth and friendliness in the hearts of its people. We also love Ecuador’s beauty.  When an opportunity to send Ecuador roses and raise money for the poor occurred earlier this year, we grabbed the chance.

I wrote about the roses, made a special offer and sold over 5,000 roses that raised $2,000 for our Land of the Sun Foundation that helps Ecuador’s poor. The money was used to provide schooling for gifted indigenous children and to buy a  InFocus projector used in our free English classes for Ecuadorian children that the foundation provides.

So we offered Ecuador Christmas roses and sold over 9,000 raising $3,660 for LOTS!

This is a batch of 100 fresh Ecuador roses that Merri and I enjoyed earlier this year.

Dozens-of-roses

Premium Quality Roses

Though this is not the lowest price for roses you will see in the Mother’s Day season, these roses are special, not like anything offered in a store or even at most florists. These are premium roses with extra large heads that open fully.

Fresher Quality Roses

Most roses go from Ecuador to Miami by air and are stored in Miami then shipped by truck until they sit in a store. They can be a week or more old when you see them. The roses you receive from this offer are cut and stored overnight, driven by refrigerated truck to Quito airport and flown to Miami to a special refrigerated Fedex facility until, then flown to your Fedex destination for immediate delivery to your home or office. This means they last longer.

Here are some of the fresh Ecuador roses at our hotel Meson de las Flores.

dozens-roses

Environmentally Clean Roses

The roses your receive are certified by Veriflora. The VERIFLORA seal is a real, green program that regularly spot check farms for ecologically sound systems that include:

1- Water and ecological conservation: implementing water management systems to prevent depletion of fresh water supplies.

2- Product quality: implementing practices to ensure the quality of the product through the whole chain of delivery to the final consumer.

3- Advanced agricultural practices: integrating organic practices wherever possible. To only use approved green label certified pesticides. To allow no discharge of pesticides run off into the environment.

4- Waste management: recycling and composting as well as the proper disposal of agricultural chemicals.

By March of 2007 the co-op that sends your roses had certified 144 acres.

Certification means the growers have met or exceeded the requirements. There is no middle ground with Veriflora, no differing levels of certification. You either are ecologically sound and certified, or you aren’t.

That means you receive environmentally friendly roses.

Dining-room-roses

Here is a red and bi color combination of fresh Ecuador roses we had delivered to us in North Carolina.

Fair Trade Roses

In addition the Verflora seal requires the rose grower to be socially responsible adhering to recognized labor and community standards, specially pertaining to health and safety, work conditions, hiring practices, discrimination, harassment and fair pay.

The growers offer every single one of their workers:

-free doctor and medical treatment at the farm for workers
-day care facilities for infants
-free breakfast and lunch (and dinner when they work late)
-free sports and recreation facilities
-small business loans -when workers want to leave to set up their own small   holding farm
-workers fund -for financial help with school fees to buy a car, etc
-complete health and safety equipment provided free -helmets , gloves, masks, etc
-paid maternity leave with a guarantee of work when they want to return
-overtime paid over and above the legal requirements
-Christmas parties, summer holiday excursions, sports tournaments

-a safe and secure work environment with job satisfaction and potential for personal development

Experience the warmth of the people and beauty of Ecuador as you celebrate the new year…the freshest…best and best smelling roses…as you help the environment and the poor by having them delivered into your and your loved one’s homes.

Subscribe to two years of Ecuador Living and receive 50 roses FREE.  Save $168.

If you do not have a great interest in Ecuador but just want these incredible, fresh roses. Simply buy them for $84 for 50 fresh cut roses including delivery by Fedex.

Order Order 50 fresh cut assorted color Ecuador roses for $84 ($20 is donated to LOTS) to be delivered Tuesday May 5, 2009.

Order 50 fresh roses with your color choice for $91 ($20 is donated to LOTS) delivered Tuesday May 5, 2009.

A letter on “how to care for your roses” will come with your roses.

Now you can take time to smell the roses … at affordable prices as well.

Gary

Learn about Ecuador Mother’s Day Lilies here.