Tag Archive | "international"

International Micro Business Ideas – Invent a Future III


Having international micro business ideas are important because whatever happens with the global and US economy… some great opportunities will be created.

gary-Merri-Scott

Merri and I “working hard” at La Mirage Garden Hotel and Spa in Ecuador sampling a new menu for their cooking classes.

Part of the turmoil… Western unemployment especially… is created by technology that gives access to all markets.   Great air transportation and low cost trucking means that tomato growers in the US are vulnerable to Dutch and Mexican tomatoes.

Ecuador roses threaten US growers as do Turkish roses impact Europe… all because of technology.

That technology may change the way you live and earn in seemingly negative ways.

Your job may be downsized. Your benefits reduced… or even eliminated.  Often there is little we can do about these big shifts.

We can, however, do something personally to assure that changes bring a better lifestyle. The same technology can create an international micro business for you.

gary-Merri-Scott

Merri and I again “working hard” discussing economics with Thomas Fischer and seminar delegates at a quaint Copenhagen restaurant.

However there can be pitfalls.  Let’s look at some of the risks of an international micro business and how to avoid them.

A recent Sunday New York Times article “Maybe It’s Time for Plan C” by Alex Williams out lines some of the downsides of having your own business. The article is quite long so I put in a link below.

Here is an excerpt (bolds are mine):  RONA ECONOMOU was a lawyer at a large Manhattan law firm, making a comfortable salary and enjoying nights on the town when she was laid off in 2009, another victim of the recession. At first, she cried. “Then it hit me,” said Ms. Economou, now 33. “This is my one chance” to pursue a dream. Six months later, feeling hopeful, she opened Boubouki, a tiny Greek food stall at the Essex Street Market on the Lower East Side, where she bakes spinach pies and baklava every morning. This was supposed to be her Plan B: her chance to indulge a passion, lead a healthier life and downshift professionally — at least by a gear. Instead, Ms. Economou finds herself in overdrive.

Six days a week, she wakes up at 5:30 a.m. (“before most lawyers”) to start baking. Instead of pushing paper, she hoists 20-pound bags of flour, gets burned and occasionally slices open a finger. On Mondays, when the shop is closed, she does bookkeeping and other administrative tasks.

So much for a healthier life. “The second I feel a cold coming on, I’m taking Cold-Eeze, eating raw garlic,” she said. “I can’t afford to shut the shop down.”

Plan B, it turns out, is a lot harder than it seems. But that hasn’t stopped cubicle captives from fantasizing. In recent years, a wave of white-collar professionals has seized on a moribund job market, a swelling enthusiasm for all things artisanal and the growing sense that work should have meaning to cut ties with the corporate grind and chase second careers as chocolatiers, bed-and-breakfast proprietors and organic farmers.

Indeed, since the dawn of the Great Recession, more Americans have started businesses (565,000 of them a month in 2010) than at any period in the last decade and a half, according to the Kauffman Foundation, which tracks statistics on entrepreneurship in the United States.

The lures are obvious: freedom, fulfillment. The highs can be high. But career switchers have found that going solo comes with its own pitfalls: a steep learning curve, no security, physical exhaustion and emotional meltdowns. The dream job is a “job” as much as it is a “dream.”

Even when business is steady, the sacrifices are never far from mind. Is being your own boss worth the trade-off in medical benefits, gas allowances and paid vacations? AnnaBelle LaRoque, 28, a former pharmaceutical representative in Columbia, S.C., still wonders. “There have been many times when I have had oatmeal for dinner and Grey Goose for dessert, contemplating these questions,” said Ms. LaRoque, who gave up those perks to start a dress line, LaRoque.

Sometimes, keeping a dream job alive also means getting a second job. Before Ms. Herrington, the wedding planner, landed on her feet, she took a part-time job at the London Business School, coordinating a counseling program, that paid $18 an hour.

For some, the unexpected pitfalls can be so treacherous that they no longer consider Plan B a dream job, but a nightmare. That was the unfortunate lesson for Anne-Laure Vibert, 31, who gave up a marketing job in New York, planning glamorous parties for Audemars Piguet, the watchmaker, to become a chocolatier.

A few years ago, she moved to Paris to apprentice with a master chocolatier. Visions of decadent bonbons swirled in her head. Instead, she felt like a modern-day Lucy in the candy factory, hunched over in a chocolate lab packing chocolates and scrubbing pots. If she wasn’t doing that, she was sweeping floors, wrapping gifts, answering telephones or shipping orders.

After four months, she had had enough and called it quits. Her Plan C? She returned to New York and took a job with her old boss, doing marketing for another luxury brand. “It got very lonely, to be honest,” she said.

THIS is not to say that success is unattainable. Martha Stewart, after all, became Martha Stewart as a Plan B after abandoning a career as a stockbroker.

And with the exception of Ms. Vibert, everyone interviewed said that despite the unforeseen bumps, they would not trade their new lives for their old jobs.

“I no longer walk with a slight depressed hunch,” said Ms. Herrington, the wedding planner, who is now enjoying steady work and glowing write-ups in wedding blogs like 100 Layer Cake. Her friends, she added, said they noticed an instant improvement in her appearance, too. “I no longer see chunks of hair falling out due to stress.”

“Before, I never wanted to talk about work, other than to complain,” she added. “Now I like talking about my work so much that my husband has to actually ask me not to talk about it all the time.”

Ms. Economou, the Greek baker, says she feels spiritually transformed. “I’m coming up on my one-year anniversary, and I love it,” she said. “I love being a part of the neighborhood. I didn’t realize how you become friends with your customers.”

This is a great article because it clearly highlights the fact that “The dream job is a “job” as much as it is a “dream.”

Having your own business can be fun, fulfilling and profitable… but also requires effort sacrifice and work.

There are three success enhancers to help make sure that your own business can succeed that this New York Times article and all of the subjects mentioned in it missed.

Micro business success enhancer #1:  Make your business international.  Technology… especially the internet allows you to overcome the dimensions of time and space. Today our customers can (and should be) like minded souls wherever they are… not just like minded souls who are geographically near.  This global aspect allows you to get large markets even if you have a really small niche. If you are selling left handed cooking utensils or left handed fly fishing rods, there are a lot more left handed cooks and fisherman around the world then who live within 50 miles of you.

Micro business success enhancer #2:  Make publishing part of your businessPublishing is one way to more easily make your business global as well.  Take the example in the New York Times article… tiny Greek food stall, chocolatiers, bed-and-breakfast proprietors and organic farmers.  Each could publish books, reports either for sale to profit… Tiny Greek Stall Cook Book… How to Make Ten Great Chocolates… How to Grow Organic Tomatoes… or publish information that helps sell their product or service. 

Micro business success enhancer #3:  Make events part of your business.  Ditto… the tiny Greek Stall could have a cooking class once a week.   The chocolatier could do a workshop on how to make chocolates… the organic farmer could have work weeks on the farm, etc.

In each case adding technology can expand a product line and dramatically increase the market and demand.

Take for example, a note one of our prospective Spanish teachers sent to Merri.

Merri, First off I want to thank you again for the graciousness, kindness and generosity with which you and Gary operate with your online “family.”  I can sincerely say I’ve never attended anything like your courses in my life that connected with me in such a positive way and I feel gifted to have participated.  You are both a fountain of wisdom and truly an inspiration.

I am reaching out to inquire about your course calendar for the remainder of the year.  I got so much out of the previous courses in so many ways that I’d like to attend a few more with my Int’l Club membership (not to mention spending more time with you and Gary and the fantastic delegates).

I also wanted to inquire about your instructor training, specifically for the superlearning/spanish course, and wondering if you’ve ever thought of taking a course like that on the road?  I spent last summer in Madrid at a language school teeming with foreigners struggling to learn Spanish from scratch – with Spanish speaking instructors who only taught in Spanish!  I thought “My God there has to be a better way than this” and when I think of the positive impact your course would have on students & expatriates living in Spanish speaking countries if taught overseas my eyes pop!  Especially for someone like me who loves travel, loves everything to do with Spanish culture and an eager ongoing student of the Spanish language I seriously can imagine myself doing something like this and loving every minute of it.

I’ve been thinking about this ever since attending your Superlearning/Spanish course back in March and the idea just gets brighter and I feel compelled asking you about it.  Have you thought of anything like this before?  Any value to considering something like this?  I’d love to hear your thoughts.  My sincere best to you and Gary,

This teacher has exactly the right idea… combining his desire to teach AND to travel.  He can create events and tours to expand his business. His market is those who want to learn Spanish.  Because he likes to travel he can conduct tours taking Spanish students to Spanish speaking countries or… conduct courses in countries where people want to learn Spanish.  He has a huge geographical opportunity. He is international and an international thinker.

We live in a time of rapid change… much of which is beyond our control.  We can take control of our lives with our own international micro business. This requires hard work… sacrifice and effort… but as the New York Times article shows…  with the exception of  one everyone interviewed said that despite the unforeseen bumps, they would not trade their new lives for their old jobs.

Gary

We can help you create your own International Micro Business.

Merri and I have had our own global business… operated from our home for over 30 years.  We share how you can as well in our online courses.

Income has been a small part of this adventure. The expanded horizons… the people we have met… the adventures we have shared… the tens of thousands of delegates we have enjoyed and hopefully helped…. the poor we have served… the freedom we have felt… to be able to go where we desire and come home, when we desire, with more than when we left.

These facts have dramatically enriched our lives….and we hope others.

Now we would like to help improve your lifestyle as well… if… earning with a seminar, tour events business appeals to you.

We have conducted seminars or events or spoken at them in… (alphabetical order)  Australia, Bahamas, Belgium, Belize, Canada, Czech Republic, Dominican Republic, England, Ecuador, Finland, Germany, Hong Kong, Hungary (before the Iron Curtain came down), Indonesia, Isle of Man, Jamaica, Malaysia, Mexico, Netherlands,  Panama, Philippines, Puerto Rico, Scotland, Singapore, Spain, Switzerland, Taiwan, Thailand and at one time or another most of the United States and more.

There is a possibility that  Merri and I know more about conducting events than 99.9% of the people in the world and because so many have asked… we have finally decided to provide an online correspondence course on how to create your own seminar, tour or events business.

We call this brand new emailed correspondence course:  “Event – Full Business”.

We have completed the first lessons and want to introduce this course to you as we are accepting enrollment of students in our beta program.

However there is a special $348 savings for the rest of the summer… because an events and publishing business go hand in hand.

Merri’s and my business has always provided well for us, but we have noticed over the decades that at times the bulk of our income comes from events and at other times from publishing.

To help readers learn both the publishing and events business which go hand in hand, our End of Summer Special offer gives you our online beta course “Event – Full Business” (normally $349) for just $1.  You save $348 when you order our online course “Self Fulfilled, How to be a Self Publisher” at the normal $499 price. You receive Eventful Business ($349) and Self Fulfilled ($499) a, $848 value for just $500.

Learn more about Self Fulfilled How to be A Self Publisher here

Learn more about Event – Full Business  How to Have a Seminar Business here

Enroll in the online courses “Self Fulfilled” and “Event – Full Business” for $500… save $348 by clicking here.

Or join us to learn about publishing and events businesses at our October 7-8-9 International Business & Investing Seminar

Read the entire New York Times article  Maybe It’s Time for Plan C

Multi Currency Volatility Survival Tactic


Here is a multi currency volatility survival tactic.

Do what you love… have fun.  The money will come.

Viewing summer from the front porch of our original North Carolina farm houses kind of exemplifies the importance of adaptation and evolution in investing.

glenn-stirling

Dr. Glenn Stirling and I lunch at Merrily Farms… Little Horse Creek.

While most people fret over the potential of another recession and slowing growing economy,  Merri and I are ramping up expansion plans.

We are working with Glenn Stirling DC to develop a flow of low cost, natural health and longevity ideas that help our readers. We are planning tours in Ecuador and Cuba. Glenn has already begun his research and first trips to Cotacachi and Cuba.  He stopped by the farm last week, driving from Calgary, Alberto to Florida so we could review his current trip back to Ecuador.

We see the global economic changes as a a global social-business restructuring that favors small international micro businesses and providing enormous opportunity to pioneers in this field. 

Since the beginning of the 2000s, we have echoed the words of futurist, Ian Pierson, that “a company’s value is its ideas, less it size and experience”. 

And August 5th, 2001 article at msnbc.msn.com entitled “How Lego and other brands grab the news spotlight” by By Martin Lindstrom highlights a reality in this idea.  Here are excerpts: These companies hijack big events, make their brands the story.

On Aug. 5, NASA’s Juno spacecraft began its five-year journey to the planet Jupiter. Not generally known to the broader public, there are three “crew members” aboard, and they’ve all signed up for the duration of the trip. These “crew members” are in fact Lego representations of the Roman god Jupiter, his wife Juno, and Galileo Galilei, the Renaissance astronomer who made many important discoveries about our solar system.

The well-planned mission is part of Lego’s “Bricks in Space” program (not to be confused with “Muppets In Space”). A long-standing partnership between the Lego company and NASA has resulted in every space mission carrying numerous Lego sets onboard.

Similarly, on the same day evacuated victims of tornado and flood were able to return to assess their damage, Procter & Gamble installed hundreds of washing machines replete with truckloads of Tide washing powder to help with the cleanup.

This is more than simple product placement.

A few companies have become expert at using these resources and hijacking the news, making their brand the story. With the steady increase in alternative channels, the opportunities have never been greater.

So if hijacking the news can be so very powerful, how come hundreds of great opportunities consistently pass brands by? It obviously has little to do with the cost factor, given the fact that Lego, Nike, and P&G’s assertive actions have paid off handsomely.

Capitalizing on the immediate is a familiar concept to anyone younger than twenty something. They have no problem with turning ideas into action in a matter of minutes. They don’t bat an eyelid at instant celebrity. Theirs is a universe where dropouts become billionaires and startup software companies dominate the market in a few short months. Corporations, on the other hand, are far more circumspect. Their wheels turn so much slower.

So, the question that remains is how have some companies managed to gear up their internal machine to swoop in and perform successful brand hijacks, while the majority don’t get a look in? Perhaps the answer can be found in the wisdom of sixth century military strategist, Sun Tzu. He wrote, “Every battle is won before it is fought.” In other words, you need to win a war before it has begun.

P&G have learned that the public expects the largest consumer packaged goods company to help society, and as a result they have a strategy in place for disasters before they actually happen. Their strategy can be activated in an instant.  See a link to the entire article at the end of this message.

This is the great advantage of  a  micro businesses… the ability to quickly adapt.

How can one decide though when to shift?

A subscriber to our online Self Publishing Course sent this comment:  Dear Gary,  I have worked my way through Lesson Three and was most taken by your comment that one should embrace those of like mind and repel the rest– repel is I think a strong word, but the principle is right. I use the term “Disengage.”

I am a retired trial attorney, free at last; and over the past three years have had the time to sip old literary wines: Euripides, Plato, Seneca etc, and am amazed again how the answers to a good life have been written thousands of years ago. It is my ambition to write a self-help book in which I intend to offer a practice conceived in my studies of Greek and Roman philosophy and some 30 years in Japanese, Korean and Theravada Buddhist monasteries.

As I write this book I strive always for the right voice, realizing, of course, that the voice is right, so long as it is true, well tempered– as a sword is well tempered– and your own.

The perfection of voice of course is the pursuit of a life time.  However, I noticed for a few chapters that a voice far less than perfect because it seemed that I was diluting the message simply to reach a larger audience. I rewrote the opening chapters to appeal to those whom I could help and with whom the practice I offer might resonate.  Your message is well taken. Publish to those whose voice is in harmony with your own.  Thanks

My reply shows how to decide when a shift in your business and investing is right for you.  You are on the right track.  One way I see it in terms of gears. A little fast gear cannot mesh with a big slow gear.  All that will happen if the speeds are not synchronized is a clash.

Someone said to me once that if you speak to someone at one level over their understanding … they think you are a great teacher.  If you speak two levels over they think you are a genius. If you speak three levels over… they will try to kill you.

Follow your heart and it will lead you exactly where you are meant to be!

This has unsettled Merri and me several times when we strove hard to get into some position where everything was perfect and then somehow after we were there we began to feel… we had to move on.  This is so hard sometimes… but really easy when you believe your heart.

This generally happens every seven years or so.  See why at
https://www.garyascott.com/2011/01/17/11884.html

I wrote about this and after we had been in Ecuador after 14 years there.
https://www.garyascott.com/2009/02/19/3929.html

Our heart feels the pull first… then we get messages… little clues. If we do not ignore them… they’ll lead us into a most pleasant place.  So be true to those feelings when you write and you’ll create the perfect message… for you and for all of those who need what you have to share… perfect harmony.

Comfort is one of the most important aspects of successful investing. If we make investments not in keeping with our nature, we will not be comfortable.  Without comfort, we are more likely to second guess and screw up. Restlessness and worry reduce the joy of affluence and also can reduce investing effectiveness as well.

All of us need to invest in things and do business that we feel is right… that is enjoyable.

For example when Merri and I moved out here to our farm, many of our friends thought we were nuts.  Not only has country living added joy to our life, it is probably the best investment we ever made.  Every year, the move feels more correct, especially at this time of the year when we have scenes that Glenn shot like this… of summer richness… warm days and cool night around the farm.

merrily farms

Living deep in the Blue Ridge might not seem like a  logical place to learn about international investing, but being in nature like this gives me so much added perspective and the ability to quietly think and contemplate without interference.

merrily farms

Shot of creek and..

merrily farms

foot bridge.

I learn more about change and adaption by contemplating the richness and purpose of every season in the calm steadiness of the forest than reading a day’s worth of financial reports…especially in hectic times of turmoil…

The trees say, “Who cares if the stock market is down.  “It’s summer.  Time to enjoy nature’s richness!”

Lance Armstrong summed this idea up in a Time magazine article when asked about who to listen to about what to do in life when he said: “The important thing is to go around (collect data-get information). Then you really start to weigh your options. Which one feels right? It may not be the right decision, but it’s what makes you feel right.”

This understanding is vital in life, investing and business.

Know yourself.

Know that ultimately you must make decisions for yourself.  Know that you can’t know everything. Know that not every decision will be right in that it brings a profit, but also know that if each investment you make whether in time, money or energy feels right for you, you are likely to improve your odds of success.

Yesterday’s message looked at an idea that can help answer the question, “Who am I?”  This is complicated but easier to understand when we realize that most people fall into one of six categories:

#1: Innovators

#2: Early Adapters

#3: Early Majority

#4: Late Majority

#5: Deliberate Skeptical Mass

#6: Laggards

(I advise everyone to read and study all of Malcolm Gladwell’s books…these genius ideas are from The Tipping Point.)

To understand this better let’s look at a study of a “diffusion model” from an analysis of the spread of hybrid seed corn introduced in Greene County Iowa in the 1930s. The hybrid seed which was superior in every way to the commonly used seed was first introduced in 1928.

Of the 259 farmers only a couple planted the seed the first year and through 1933.

In 1934 16 used the seed.

In 1935 21 more, then 36 more and in 1938 the number increased by 61.

The years after 46, 36, 14 and then 3 started using the seed. In 1941 all but two farmers were using the seed.

Of the 259, the innovators were the first handful that began.

The small numbers that then jumped on the band wagon from 1929 to 1933 were the early adapters.

The early and late majority began using the seed in 1936 to 1938.

The late and skeptical mass did not try it until after the most respected farmers had proven its worth.

The laggards never did make the shift or waited till much later.

This diffusion is quite typical of all things. One could study the use of faxes, cell phones, computers, apps, etc. and see a similar diffusion.

What type are you? The type is not important. None is better than another.

Knowing what you are is the key because each category has a way of investing that can succeed if it is true to itself.

Suit yourself if you really want success…and then be willing to adapt to change in a way that feels right for you.

Charles Darwin expressed great wisdom when he said, “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.”

Whether you are an early adapter who invests now while the market is falling in alternative investments, or a laggard who holds back his or her cash and waits…do what feels right to you….that’s the important thing.

Stick to the basics.  Always look for good value. Do not let fear OR greed tempt you to do something that does not feel right to you just because everyone else does.  Remember truth is not created by the continuous repetition of an error.  The majority of investors and businesses that start in most markets are wrong most of the time so you cannot depend on following the masses.

If everyone seems panicked and is selling, but it feels right for you to buy…and you have value reason for doing so…and that makes sense to you…then, do it!  Likewise if the market is screaming up and everyone is jumping on the bandwagon..yet you have reasons that makes sense to you to sell…do it.

Know yourself.   Do what feels right for you.  Always seek good value.  This is a formula that will rarely lose.

Until next message, may your feeling right never be left behind.

Gary

Here are numerous ways hopefully we can help you adapt.

How We Can Serve You

How to Have Real Safety in 2020

The most important investment you can make in 2020, is in yourself. 

Invest in more time.  Invest in less stress. Invest in greater security.That’s why four years ago we created the Purposeful Investing Course (PI) because when it comes to finances, there are only three reasons why we should invest.  We invest for income.  We invest to resell our investments for more than we had invested.  We invest to make our world a better place.

We should not invest for fun, excitement or to get rich quick, or in a panic due to market corrections.

The core model portfolio we teach in the PI Course rarely changes, but is highly diversified in thousands of shares around the world… so there is higher long term profits, less stress and greater safety.

The portfolio consists of 19 country ETFs.  During the four years since we created the Purposeful Investing Course and set up a $40,000 real time portfolio at Motif Brokers, we have held the same 19 shares and have only traded three times.

The portfolio started with $40,000 and has risen to $53,591 ($49,015 in shares and the balance in accumulated cash).

The portfolio did really well from 2015 to 2018, better than the DJI Index.  Then as the US dollar grew in strength it fell behind.

The chart below shows the actual results of thos portfolio compared with the S&P 500.

motif

 

This good value portfolio above is based entirely on good value financial information and mathematically based safety programs developed around investing models that date back 91 and 24 years.

The Pifolio is a theoretical portfolio of MSCI Country Benchmark Index ETFs that cover all the good value markets developed combining my 50 years of investing experience with study of the mathematical market value analysis of Keppler Asset Management.

In my opinion, Keppler is one of the best market statisticians in the world.  Numerous very large fund managers, such as State Street Global Advisers, use his analysis to manage over $2.5 billion of funds.

The Pifolio analysis begins with Keppler who continually researches international major stock markets and compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return.  He compares each major stock market’s history.

Fwd: keppler

Michael Kepler CEO Keppler Asset Management.

Michael is a brilliant mathematician.  We have tracked his analysis for over 20 years.   He continually researches international major stock markets and compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return.  He compares each stock market’s history.  From this, he develops his Good Value Stock Market Strategy and rates each market as a Buy, Neutral or Sell market.  His analysis is rational, mathematical and does not cause worry about short term ups and downs.  Keppler’s strategy is to diversify into an equally weighted portfolio of the MSCI Indices of each BUY market.

This is an easy, simple and effective approach to zeroing in on value because little time, management and guesswork is required.  You are investing in a diversified portfolio of good value indices.

A BUY rating for an index does NOT imply that any stock in that country is an attractive investment, so you do not have to spend hours of research aimed at picking specific shares.  It is not appropriate or enough to instruct a stockbroker to simply select stocks in the BUY rated countries.  Investing in the index is like investing in all the shares in the index.  You save time because all you have to do is invest in the ETF to gain the profit potential of the entire market.

To achieve this goal of diversification the Pifolio consists of Country Index ETFs.

Country Index ETFs are similar to an index mutual fund but are shares normally traded on a major stock exchange that tracks an index of shares in a specific country.  ETFs do not try to beat the index they represent.  The management is passive and tries to emulate the performance of the index.

A country ETF provides diversification into a basket of equities in the country covered.  The expense ratios for most ETFs are lower than those of the average mutual fund as well so such ETFs provide diversification and cost efficiency.

Here is the Pifolio I personally use.

70% is diversified into Keppler’s good value (BUY rated) developed markets: Australia, Austria, France, Canada, Germany, Hong Kong, Italy, Japan, Norway, Spain, Singapore and the United Kingdom.

30% of the Pifolio is invested in Keppler’s good value (BUY rated) emerging markets: Brazil, Chile, China, Colombia, the Czech Republic, South Korea, Malaysia and Taiwan.

The Pifolio consists of iShares ETFs that invested in each of the MSCI indicies of theseall good value BUY markets.

For example, the iShares MSCI Australia (symbol EWA) is a Country Index ETF that tracks the investment results the Morgan Stanley Capital Index MSCI Australia Index which is composed mainly of large cap and small cap stocks traded primarily on the Australian Stock Exchange mainly of companies in consumer staples, financials and materials. This ETF is non-diversified outside of Australia.

iShares is owned by Black Rock, Inc. the world’s largest asset manager with over $4 trillion in assets under management.

The fact that the Pifilios are invested in all the shares of the MSCI Index in each good value market reduces long term risk.

When the US stock market bull ends, know one knows for sure how long or how severe the correction will be.

When the bear arrives, what will happen to global and especially good value markets?

No  one knows the answer to this question.

What we do know is that the equally weighted, good value market Pifolios have the greatest potential long term and that math based trailing stops can be used to protect against a secular global stock market correction when it comes.

My fifty years of global investing experience helps take advantage of numerous long term cycles that are part of the universal math that affects all investments.

What you get when you subscribe to Pi.

You immediately receive a 120 page basic training course that teaches the Pi Strategy.   You learn all the Pi strategies, what they are, how to use them and what each can do for you, your lifestyle and investing.

You also begin receiving regular emailed Pifiolio updates and online access to all the Pifolio updates of the last four years.  Each update examines the current activity in a Pifolio, how it is changing, why and how the changes might help your investing or not.

Included in the basic training is an additional 120 page PDF value analysis of 46 stock markets (23 developed markets and 23 emerging stock markets).  This analysis looks at the price to book, price to earnings, average yield and much more.

You also receive two special reports.

In the 1980s, a remarkable set of two economic circumstances helped anyone who spotted them become remarkably rich.  Some of my readers made enough to retire.  Others picked up 50% currency gains.  Then the cycle ended.  Warren Buffett explained the importance of this ending in a 1999 Fortune magazine interview.  He said:  Let me summarize what I’ve been saying about the stock market: I think it’s very hard to come up with a persuasive case that equities will over the next 17 years perform anything like—anything like—they’ve performed in the past 17!

I did well then, but always thought, “I should have invested more!”  Now those circumstances have come together and I am investing in them again.

The circumstances that created fortunes 30 years ago were an overvalued US market (compared to global markets) and an overvalued US dollar.  The two conditions are in place again!

30 years ago, the US dollar rose along with Wall Street.  Profits came quickly over three years.  Then the dollar dropped like a stone, by 51%  in just two years.  A repeat of this pattern is growing and could create up to 50% extra profit if we start using strong dollars to accumulate good value stock market ETFs in other currencies.

This is the most exciting opportunity I have seen since we started sending our reports on international investing ideas more than three decades ago.  The trends are so clear that I have created a short, but powerful report “Three Currency Patterns for 50% Profits or More.”   This report shows how to earn an extra 50% from currency shifts with even small investments.  I kept the report short and simple, but included links to 153 pages of  Good Value Stock Market research and Asset Allocation Analysis.

The report shows 20 good value investments and a really powerful tactic that shows the most effective and least expensive way to accumulate these bargains in large or even very small amounts (less than $5,000).  There is extra profit potential of at least 50% so the report is worth a lot.

This report sells for $29.95 but in this special offer, you receive the report, “Three Currency Patterns for 50% Profits or More” FREE when you subscribe to Pi.

Plus get the $39.95 report “The Silver Dip” free.

With investors watching global stock markets bounce up and down, many missed two really important profit generating events over the last two years.  The price of silver dipped below $14 an ounce as did shares of the iShares Silver ETF (SLV).   The second event is that the silver gold ratio hit 80, compared to a ratio of 230 only two years before.

In September 2015, I prepared a special report “Silver Dip 2015” about a silver speculation, leveraged with a British pound loan, that could increase the returns in a safe portfolio by as much as eight times.  The tactics described in that report generated 62.48% profit in just nine months.

I have updated this report and “Silver Dip” report shares the latest in a series of long term lessons gained through 40 years of speculating and investing in precious metals.  I released the 2015 report, when the gold silver ratio slipped to 80.  The ratio has corrected and that profit has been taken and now a new precious metals dip has emerged.

I have prepared a new special report “Silver Dip” about a leveraged speculation that can increase the returns in a safe portfolio by as much as eight times.

You also learn from the Value Investing Seminar, our premier course, that we have been conducting for over 30 years.  Tens of thousands of delegates have paid up to $999 to attend.  Now you can join the seminar online FREE in this special offer.

This three day course is available in sessions that are 10 to 20 minutes long for easy, convenient learning.   You can listen to each session any time and as often as you desire.

The sooner you hear what I have to say about current markets, the better you’ll be able to cash in on perhaps the best investing opportunity since 1982.

seminars

Tens of thousands have paid up to $999 to attend.

In 2020 I celebrate my 54th anniversary in the investing business and 52nd year of writing about global investing.  Our reports and seminars have helped readers have better lives, with less stress yet make fortunes during up and down markets for decades.  This information is invaluable to investors large and small because even small amounts can easily be invested in the good value shares we cover in our seminar.

In this special offer, you can get this online seminar FREE when you subscribe to our Personal Investing Course.

Triple Guarantee

Enroll in Pi.  Get the basic training, the 46 market value report, access to all the updates of the past two years, the two reports and the Value Investing Seminar right away. 

#1:  I guarantee you’ll learn ideas about investing that are unique and can reduce stress as they help you enhance your profits through slow, worry free, easy diversified investing.

If you are not totally happy, simply let me know.

#2:  I guarantee you can cancel your subscription within 60 days and I’ll refund your subscription fee in full, no questions asked.

#3:  You can keep the two reports and Value Investing Seminar as my thanks for trying.

You have nothing to lose except the fear.   You gain the ultimate form of financial security as you reduce risk and increase profit potential.

Subscribe to Pi now, get the 130 page basic training, the 120 page 46 market value analysis, access to over 100 previous Pifolio updates, the “Silver Dip” and “Three Currency Patterns For 50% Profits or More” reports, and value investment seminar, plus begin receiving regular Pifolio updates throughout the year.

Subscribe to a Pi annual subscription for $197 and receive all the above.

Gary

How Lego and other brands grab the news spotlight

Surviving International Investing Shifts Part IV


International investing shifts are taking place at an increasingly fast pace.

As the world’s faster and faster pace is stimulated by the introduction and advancement of new technologies, we are swamped by many types of inflation that we will be looking at in a series ahead.

Take real estate as an example of how great opportunity is coming but in different ways.

2007 and 2008 saw a great global recession.  The buzz word among professional investors was “we cannot waste this recession”.  They saw this as a once in a lifetime opportunity… knowing that history shows… the markets always come back.

In 2009 these investors made a killing!  They still are as markets continue to rise.

Markets dropped shortly after the triple tragedy in Japan and unrest in the Middle East but then rallied.   The U.S. stock market is now higher than the earthquake in Japan.

Real estate due to its nature… was slower to fall and has been slower to return.  I believe there will be huge profits gained… but in different ways.

Unless the global population stops growing… the demand for real estate will catch up with the overhang and prices will once again rise.

However the way real estate is used… the features that will make real estate valuable will differ.  Those who invest in real estate the old way may get slaughtered.  Those who spot trends and adapt will become the new rich.

NG photo

This picture from the April 2011 issue of National Geographic and the excerpts from an  article in that issue entitled “Miracle Above Manhattan” provides a clue of how things will change.  This article explains how a derelict railway line that ran like a ribbon 25 feet above parts of Manhattan has been turned into a park.

Here is an excerpt from that article. Bolds are mine: Until recently the High Line was, in fact, an urban relic, and a crumbling one at that. Many of its neighbors, as well as New York’s mayor for much of the 1990s, Rudolph Giuliani, couldn’t wait to tear it down. His administration, aware that Chelsea was gentrifying into a neighborhood of galleries, restaurants, and loft living, felt the surviving portion of the High Line, which winds its way roughly a mile and a half from Gansevoort Street to 34th Street (a section farther south was torn down years ago), was an ugly deadweight. They were certain this remnant of a different kind of city had to be removed for the neighborhood to realize its full potential.

Never have public officials been so wrong. Almost a decade after the  Giuliani administration tried to tear the High Line down, it has been  turned into one of the most innovative and inviting public spaces in New York City and perhaps the entire country. The black steel columns that once supported abandoned train tracks now hold up an elevated park—part promenade, part town square, part botanical garden.

This will happen at an accelerated pace…  the old school officials… the establishment getting it wrong… the opportuity for new bold thinking growing.

Consider this. Most investors think US real estate in areas such as Florida are in trouble.  Some areas are badly depressed and will stay that way for years.  Yet  some parts of Florida and other sunshine states are very different and have great potential, with abundant water and great agricultural potential and offer extra opportunity as utilities shift.

Mt. Dora Photo

We have arranged for a free real estate tour of Mt. Dora and Lake County real estate for Friday April 8, 2011 for those attending Blaine Watson’s course on Vedic Astrology. This tour will be conducted by the real estate broker who helped us find our Lake County real estate.

If you have an interest, please drop me a note at gary@garyascott.com

See my latest international investments at our June 24-26 International Investing & Business Seminar in North Carolina.

Read Miracle Above Manhattan

Prosper from Change


Prosper from change by spotting trends.

mt hood See report written by survivors of Chernobyl radiation “7 steps to protect against radiation exposure

As the world’s faster and faster pace is stimulated by the introduction and advancement of new technologies, we are swamped by many types of inflation that we will be looking at in a series ahead.

* Money Inflation

* Choice Inflation

* Opportunity Inflation

* Information Inflation

* Natural Resource Inflation

* Energy Inflation

* Technology Inflation.

Each of these inflation forms creates its own problems AND opportunities.

Parts of Florida benefit from natural resource inflation as water become scarce.

Mt. Dora Photo

Lake Dora shot from Lakeside Inn pool.  Lake County, Florida has approximately 1,400 named lakes. Near our home is Sugarloaf Mountain, the highest point in peninsular Florida, at 312 feet (95 m) above sea level.

Florida’s problems create some extra special benefits. Take for example how Florida was impacted by money inflation (causing a real estate bubble) and how today it appears to suffer today from a resource inflation… too many homes, too few people.

Excerpts from a March 18, 2011 CNNmoney.com article entitled “Nearly 20% of Florida homes are vacant” shows why when it says: On Thursday, the Census Bureau revealed that 18% — or 1.6 million — of the Sunshine State’s homes are sitting vacant. That’s a rise of more than 63% over the past 10 years.

Having this amount of oversupply on the market will keep home prices depressed and slow any recovery.

The vacancy problem is more dire in Florida than in any other bubble market: In California, only 8% of units were vacant, while Nevada, the state with the nation’s highest foreclosure rate, had about 14% sitting empty. Arizona had a vacancy rate of about 16%.

In Florida, the worst-hit county is Collier — home of Naples — with a whopping 32% of homes empty.  In Sarasota County, 23% of the housing stock sits vacant, while Lee County (Cape Coral) has a 30% vacancy rate. And Miami-Dade County has a vacancy rate of about 12%.

The housing recovery will take years, perhaps many years, to complete, according to Ingo Winzer, a housing market analyst and founder of Local Market Monitor.

Still, the 2000s saw the state population grow overall by nearly 18%, the Census Bureau reported. I

“It will take about eight years just to put the vacancy numbers back into the single digits,” said DeKaser.

The inventory overhang has sent home prices plunging. The median price for homes sold in January was just $122,000, according to the Florida Association of Realtors. That was down 7% from 12 months earlier and less than half the price at the peak of the market.

Winzer thinks prices in Florida will drop even more, another 5% in 2011 and 3% in 2012. “Even after that, they’re not going to rebound, they’ll just sit on the bottom,” he said.

Celia Chen, a housing market analyst for Moody’s Analytics, is also downbeat in her forecasts for Florida. Not only will prices fall another 11%, she said, but the bottom won’t hit until mid-2012, about a year later than the nation as a whole. Some metro areas won’t get back to their pre-recession peaks until long after the present owners are old and gray.

Here is why this problem creates opportunity.

First, most people think of Florida. I see Florida as two places… South Florida and agricultural Florida.  Note all the counties above where the big vacancy numbers are shown are southern Florida states where retirement and second home residences were the big industries. These areas along the coast attracted much more speculation than agricultural Florida (where Merri and I invested in).  Real estate prices did not fall anywhere as much nor are vacancies anywhere as high.

Plus the economy here is based on global tourism (Disney et al in and around Orlando) and agriculture.

Despite the slowdown and high vacancy rates in some parts of Florida… excerpts from a recent USA Today article entitled: “Florida’s 70-year growth streak could not be broken despite a dramatic downturn in recent years” shows that there may be pockets of special opportunity.  The article says:  Most of Florida’s largest counties and cities grew more rapidly than the nation since 2000, according to 2010 Census data released Thursday.

“It’s a story of two different half-decades,” said Stanley Smith, director of the Bureau of Economic and Business Research at the University of Florida. “The first half was so great that it made up for any decline of the past few years.”

Despite record foreclosures and high unemployment, Florida still grew 17.6 percent to 18.8 million, well above the 9.7 percent national rate.

It’s a testament to the runaway growth the state enjoyed in the early 2000s, which slowed in 2007 and came to a screeching halt in 2008. Annual growth that had peaked at 2.3 percent in 2005 fell to 0.5 percent in 2009 and 0.7 percent in 2010.

Flagler County, north of Daytona Beach, was the fastest-growing county, up 92 percent to 95,696. Sumter County, home of The Villages retirement community in central Florida, grew 75 percent to 93,420, and Osceola County, just south of Orlando, grew 56 percent to 268,685.

Lake County, where we invested, is surrounded by these fastest growing counties and has several added advantages.

One advantage is Lake County’s agricultural economy. A March 21 USA Today article entitled “Economic expert sees trouble ahead; Housing market municipalities may be in for a rough ride” by Maria Bartiromo shows how agricultural land has already become increasingly profitable.  Here is an excerpt from this article: Meredith Whitney seems to be softening her concerns about a looming muni meltdown as politicians across the country address fiscal challenges more aggressively.  She says a new area of strength is emerging in one part of the country where debt was not an issue: the agricultural belt.

There are parts of the economy that are doing very well. As a food producer, the economy in the middle part of the country’s doing well.

The ag-rich states are going to be Kansas, Missouri, Iowa, Texas to a certain extent because it is a massive beneficiary of the price of oil.  It’s the central part of the U.S., you can almost draw a triangle around it, what I call the emerging markets of the U.S. It speaks to how dynamic and strong the U.S. economy really is. It’s just shifting. The U.S. is a composite of many different economies.

Indeed and Florida is a composite of many different economies as well.

florida agriculture

Map from plant medicine program at University of Florida (linked below). This map shows Lake County’s economy enriched by citrus, plants, grapes and vegetables.

The citrus economy in central Florida has a special problem that may create even more opportunity.

Excerpts from a January 19, 2011 NPR.org article entitled “Abandoned Citrus Groves Produce Problems In Fla.” by Greg Allen show another reason why there is special opportunity now. Here is an excerpt: Florida is a national leader in orange and grapefruit production.

But in the past few years, landowners have given up on more than 100,000 acres of citrus groves, which have become a threat to producers of the state’s signature crop.

The abandoned groves are breeding grounds for pests and diseases.

Dying Citrus Groves

Indian River, on Florida’s Atlantic coast, is known for its world-class grapefruits, oranges and tangelos. This time of year, many trees are still heavy with fruit.  But there are also many groves that aren’t doing so well.

Citrus growers have always had to fight disease. But in recent years, here in Florida, it has seemed that disease is getting the upper hand. Most recently, two diseases — canker and citrus greening — have been very difficult to control, requiring more care and nearly constant spraying.

Those diseases helped push many producers out of citrus. But Christine Kelly-Begazo says there’s another compelling factor: falling land prices.

Post-Housing Boom

Kelly-Begazo is an agriculture extension agent with the University of Florida in Indian River County. She says during the housing boom, speculators paid top dollar for citrus groves.

“Now, if you bought acreage at that time speculating that you were going to be able to make some money off of agriculture or development  or whatever, and the development boom busted, there’s no incentive now,” she says. “And that acreage is actually costing you money now. So they’ve abandoned the groves, but they’re not building on them either.”

Citrus producers in Indian River have begun a program to bulldoze and burn trees in abandoned groves. But it’s costly and depends on the cooperation of sometimes absentee owners.

This is the latest of many challenges for an industry that has long grown one of Florida’s most lucrative crops.

Consider this. Most investors think Florida real estate is in trouble. It is… some of it.  Yet this broad paint brush thinking masks over the fact that ag rich areas have extra potential. Ag economies are growing rich and parts of Florida are very different… because they are mainly agricultural.  Some parts of Florida have abundant water… great agricultural potential and offer extra opportunity because developers who planned to shift ag land to residential property cannot now do so.

See how I followed this advice myself and how my income on oranges doubled in two years in the story of How to Add Goodness AND Make a Profit.

This is the type of property that Merri and I invested in and now another.potential demand is on its way… German buyers.  But that’s another story for another message. Until then, good investing.

Gary

Ecuador-beach-photos

See details about Ecuador real estate prices here.

Read Abandoned Citrus Groves Produce Problems In Fla.

Plant Medicine Program

An International Investing Risk


One international investing risk is inflation.

lakeside-inn

Lakeside Inn

Because problems create opportunity… this creates an international investment opportunity.

Our International Investing and Business Seminar started at the Lakeside Inn in Mt. Dora Florida and we are looking at seven international investing risks and how to position our savings and investments to gain from and protect against the changes these seven events will bring.

lakeside-inn

Our meeting is in the Donnelly room above the…

lakeside-in

La Cremerie cafe so during delegates can… sit on…

lakeside-inn

porch or inside to view the…

lakeside-inn

interesting and somewhat amusing art.

lakeside-inn

One of our seminars in the Donnelly room.

This seminar is sold out and with a good reason… inflation.

One of the risks we are reviewing is inflation and how it is heating up.

Excerpts from a February 4th USA Today article “Prices starting to creep higher” by Paul Davidson” tells the tale: The near-zero inflation era may be ending. Prices are rising slightly, and economists expect a steady climb as the recovery gains steam.

In recent earnings reports, some retailers and manufacturers have said they’re boosting prices this year on clothing, groceries and other items after holding firm in 2010.

The uptick is largely driven by surging food, energy, cotton and other global commodity prices as economic growth heats up significantly in China and emerging markets.

U.S. firms largely absorbed higher costs last year in the belief that price increases would drive away penny-pinching consumers in a weak recovery. But they can withstand shrunken profit margins only so long.

“You run out of margin and eventually close”, says investment strategist Bruce McCain of Key Private Bank.

The consumer price index in December rose 1.5% from a year ago, the most since May. Yet, wholesale prices for finished goods jumped 4%, indicating firms were squeezed.

Paul Ashworth of Capital Economics expects 2% inflation this year, still well below pre-recession rates of 3% to 4%. But higher food and gasoline prices could trim consumer spending by two-tenths of a percentage point, he says. Among those raising prices:

•VF Corp., maker of Wrangler and Lee jeans, plans to raise prices as denim costs have been pushed up by soaring cotton prices.

•Grocer Supervalu is raising prices from 3% for items such as cereal to as much as 14% for cooking oil.

•UPS, citing a 26% jump in 2010 fuel costs, plans to raise its fuel surcharge Monday to 6% from 5.5% for ground packages and to 10% from 9% for air service.

•Tire costs for retailer Hogan Tire in Northern Virginia jumped 18% each of the past three years due partly to rising rubber costs.

Many construction firms could close because they can’t pass on higher copper, steel and fuel costs in a dismal market, says trade group Associated General Contractors of America.

Rising prices will push up short term interest rates and bond yields.

One of the slides from our seminars outlines this risk.

international-investment-slides tahs:

A solution… invest in emerging equities.  More slides from the seminar show why.

international-investment-slides tahs:

international-investment-slides tahs:

international-investment-slides tahs:

At this international investing seminar we’ll be seeing how events in the Middle East… and in Europe as the euro breaks up or survives… plus a super heated Dow will lead to Risk Off investing that creates exceptional emerging market opportunity.

Another solution we’ll review are shares in the company Silver Wheaton… traded in New York and Toronto.

lakeside-inn

Silver Wheaton is an alternative to holding silver.  Here is the share price chart since 2006.

The companies fact sheet says:

Established in 2004, Silver Wheaton has quickly positioned itself as the largest metals streaming company in the world. The company currently has 15 silver purchase agreements and two precious metals agreements where, in exchange for an upfront payment, it has the right to purchase all or a portion of the silver production, at a low fixed cost, from high-quality mines located in politically stable regions.

Forecast 2010 production, based upon the company’s current agreements, is 22.2 million ounces of silver and 20,000 ounces of gold, for total production of 23.5 million silver equivalent ounces. By 2013, annual production is anticipated to increase significantly to approximately 40 million silver equivalent ounces. No ongoing capital expenditures are required to generate this growth and Silver Wheaton does not hedge its silver production.

Silver Wheaton’s industry-leading growth profile is driven by a portfolio of world- class assets, including silver streams on Goldcorp’s Peñasquito mine in Mexico and Barrick’s Pascua-Lama project straddling the border of Chile and Argentina. The company’s unique business model creates significant shareholder value by providing considerable leverage to increases in the silver price while reducing the downside risks faced by traditional mining companies. Silver Wheaton has an experienced management team with a strong track record of success and is well positioned for further growth.

You can order the entire seminar in audio digital form delivered online… see all seven risks and international investing solutions here.

Gary