Tag Archive | "NOK"

Ecuador Stock Market


See below why I am not buying into the Ecuador stock market… or any stock market at all.

First, let me be clear… there is not much of an Ecuador  stock market… never has been and probably won’t be for quite a while.

Merri and I do own a few Ecuador shares… in Cemento, an Ecuador cement company,  but these were purchased years ago when Ecuador had a stock market beginning to boom. Then the economy and sucre collapsed and all the Ecuador banking shares (including the ones we held) rushed to zero.

The Ecuador cement shares were all that was left… along with a lesson learned.

Yet there are two other reasons why you’ll not see many Ecuador equities in my portfolio.

In fact, you won’t see many stocks in our portfolio at all.  A review of my recent total asset allocation shows that I hold only 3% in equities.

An excerpt from our recent Multi Currency Update shows that I do not hold many shares at all and why I am not buying more now.

Last week my account adviser at Jyske Global Asset Management sent me this note.

Gary, The USD on the move!  The main focus this week has been on the FX market. We have had a long period of a declining US Dollar against most other currencies. The market participants have been waiting for an excuse to take profits. The market got its excuse last week, where we for the first time saw better than expected US unemployment figures. The non-farm payrolls where better than expected and the unemployment rate dropped to 10%. When the numbers hit the market the EUR/USD was trading above 1.5000 and during this week the USD strengthened approximately 5%, currently trading at 1.4350.

The correction of the EUR/USD also indicates that the psychology in the market could have changed. During 2009 improving economic figures led to a risk-on scenario where investors began  to diversify in to  more speculative markets and at the same time exiting the USD safe-haven. The change in psychology has resulted in a focus on possibly increasing interest rates as the economies worldwide begin to improve. The US economy shows signs of improvement and investors are thus beginning to focus on being long USD assets.

The FED however announced no change in the FED funds after their meeting on Wednesday. Bernanke told the market on the following press conference that the interest rate would remain unchanged until the economy is back on track and we see a significant drop in the unemployment rate. We therefore believe that the current strength in USD is temporary and we do expect the EUR/USD to turn around and once again go toward our target of 1.5500.

The main focus in Europe during the week has been on the down grading of the sovereign debt of Greece to BBB+, by both FITCH and S&P. Both rating agencies, still have Greece on a negative watch. The 10 year government bond of Greece now pays a historical 250 bps more than a 10 year German government bond.

Norway once again increased their interest rate with 25 bps, from 1.5% to 1.75%. Norway has seen an increase in the private consumption and a hot real estate market. The Central bank of Norway thus chose to increase the interest rate, even though the industrial production in Norway still suffers.

That note from my adviser cemented my thinking that the greenback’s upswing creates a good time to further reduce US dollar positions. I am reducing my euro positions as well.

The global economy continues to upswing and eventually interest rates will be heading up…. bit equities are at risk due to the chances of another economic slowdown and massive government economic stimulation that has supported high risk speculation.

So last week I added more emerging currencies with higher interest rates by liquidating my Jyske Invest Danish Bond Fund and Jyske Invest Euro Bond Fund.

I used the proceeds to purchase higher interest rate bonds away from the euro and mostly into the dollar zone but not the US dollar itself.

I purchased:

NOK 4% Rabo Bank 29.05.2013 (AAA)     101,25   3,60% p.a.
CAD 4,95% KFW October 2014  (AAA)      109,60  2,80% p.a.
EUR 7,25% Bombardier 15.11.2016 (BB+) 102,25  6,70% p.a.
AUD 6,00% EIB 14.08.2013 (AAA)            101,60   5,50% p.a.
NZD 6,50% EIB 10.09.2014 (AAA)            104,50   5,39% p.a
MXN 8% Bonos 19.12.2013 (A+)               103,60   6,97% p.a.
BRL 11,25% EIB 14.02.2013 (AAA)           104,75   9,41% p.a.

I also sold my Hungarian government bonds and bought the Polish bond below with the proceeds.

PLN 6,50% EIB 12.08.2014   (AAA)            107,00   4,77% p.a.

I see any period of US dollar strength as an opportunity to exit the greenback and accumulate other currencies.

Learn how to get my regular portfolio updates.

The personal reasons why I do not invest much in shares is based on three cornerstones in Merri’s and my lifestyle and investing philosophy.

Cornerstone #1:   Know Thyself.

Cornerstone #2: Be True to Thyself.

Cornerstone #3: Turn Your Passion into Profit.

Merri and I love our business. We earn more than enough from it and…  we gain enormous fulfillment from serving others.

Plus we love buying and fixing up real estate. If you have been sharing this site from long you have read our escapades buying real estate in North Carolina, Ecuador and now again in Florida.

We love fixing up real estate in Ecuador and…

Ecuador-house-for-sale

on our North Carolina farm…

golden-mean

and…

ecuador-future

at the lakefront in Florida.

On the dark side, we hate accounting. We cannot read balance sheets… nor do we trust them much… so we tend to avoid equities… which historically overall are the best investments of all…. if… you ignore the three cornerstones.

We only have two shares… Bank of Florida and Jyske Bank…. because we know (and like) the people and the concepts involved.  Plus we understand the financial business.  Otherwise the most we do in shares… even though we have helped others make many millions in the stock market… is buy ETFS or mutual funds.

When we invest in shares there are three factors we continually look for…

Investing Factor #1: Contrasts.

Investing Factor #2: Trends.

Investing Factor #3: Value.

We are always looking for contrasts in value that will eventually create trends.

This is why we began buying real estate in Florida and are not investing in many equities now.  A recent New York Times article “New Slip in Housing Prices Undercuts Fragile Optimism” by David Streitfeld explains why.  Here is an excerpt:

Just as the economy is finally beginning to strengthen, the real estate market is showing new signs of deterioration.  Prices slipped in many cities in October, new figures show, despite low mortgage rates and a generous tax credit meant to spur sales. Now rates are starting to rise, making it harder for many buyers to afford a house, and the tax credit seems to be losing its capacity to lure them into the market.

The renewed worries about housing come against a backdrop of improvement in the broader economy.  Surveys suggest consumers are growing more confident. That better mood probably helped improve holiday retail sales. The number of people joining the ranks of the jobless is dwindling, while the hiring of temporary workers is up, a traditional harbinger of recovery.

Still, economic growth for the third quarter was more modest than originally reported; it was revised down to an annual rate of 2.2 percent from 2.8 percent. Many economists are fretting that housing could drag down the tenuous recovery.

The figures released Tuesday showed that the Standard & Poor’s/Case-Shiller home price index, a widely watched measure of housing markets in 20 metropolitan areas, rose 0.4 percent in October from the previous month on a seasonally adjusted basis.
It was the fifth consecutive month that prices were up, but the rate of increase has dropped sharply from the impressive gains of the summer. Prices in nine of the 20 cities were flat or down.

“I’m worried. Everyone’s worried,” said Karl E. Case, the Wellesley College economist who helped design the housing index that provided fresh cause for alarm on Tuesday. “If prices sink 15 percent from here, which is a possibility, and the 2008 and 2009 loans go bad, then we’re back where we were before — in a nightmare.”

One might think why invest in real estate… not stocks… when real estate seems down.

Due to the last economic downturn… many governments… led by the US… spent trillions flooding the market with easy money… for big banks.

These big banks in turn borrowed the money and poured that money into stock markets.  This made the banks look profitable and pushed stock markets up… at the expense of currencies around the world.

Government spending rarely works efficiently as evidenced by the multi billions spent of security that missed a Nigerian, whose father’s warning to the US Embassy validated a risk… that the CIA had already picked up… even though he was on a risk list… and after buying a ticket for cash…. and arriving without luggage… he was allowed to walk onto a plane headed for the US with a bomb in his underwear.

This post 9-11 security may not have been such a great government investment.

Just imagine that the economic spending from the governments of the world have created the same situation… making the public feel better when  the reality is… the risk is the same… or actually worse… because of the government’s heavy handed involvement.

If the economy once again stalls…  the stock markets… many of which are thinly traded… will collapse like a house of cards. All that government money (actually your money and mine) will be gone.

Repayment of the loss will most likely be made via inflation.  Stock portfolios will be wiped out.

This concerns me.  Jyske Global Asset Managers are concerned as well.  Their low risk managed account for US investors has only 17.5% in equities and they are only in seven investments… of which five are major Blue Chips.

Electricite De France France’s electric company.

Siemens AG a global powerhouse in electronics and electrical engineering, operating in the industry, energy and healthcare sectors.

Bayer AG, a global enterprise with companies in almost every country.

G4S Plc the world’s leading international security solutions group, operating in over 100 nations.

Novartis AG Reg.  the largest producer of insulin.

Only a very small portion of the portfolio is in other equities, iShares II BRIC and Jyske Invest IT Equities.

If we see a double dip recession, then real estate will remain depressed perhaps for a bit.  However there is real utility in real estate and the very inflation that could ruin so many investors will benefit those who hold real estate (and can hold on) plus those who hold commodities and have their own business.

There is no doubt still some good individual shares but overall shares offered good value early last year… not now so investors should beware.

Gary

We hope you will join us for seminars and tours in 2010.

If you plan to join us at six or more seminars and tours in Ecuador, Florida or  North Carolina in 2010 you can save as an International Club member

See details about each of our seminar and tours below… then see our December special that allows you to attend as many of these courses you like at a huge savings.

For International Investing and Business.

For Super Thinking + Spanish

For Ecuador Shamanic Tour

For Ecuador Export

For North Andes, Imbabura & Cotacachi

For Manta & Mid Coast

For Quito & Mindo

For Salinas & South Coast

For Cuenca

You gain discounts by attending multiple seminars and tours.

Here are our multi tour adventure discounts.

Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Six Pack… 6 seminars courses & tours  $2,199 Couple $3,099 Save $795 single or $1,395 on a couple or more

But our 2009 International Club membership which allows you and a guest to attend as many of the 56 courses and tours we’ll sponsor and conduct in 2010  (fees would be $40,947 for all these courses individually) is only $2,999.

The International club fee rises to $3,500 in January 2010. Enroll in the International Club now at the original fee of $2,999. Save $501.

International Club 2010

Attend our 56 investment, business, Spanish, real estate and export, courses and tours in 2010 with one small enrollment fee.

International Club 2010 Membership Enroll here

Here are the 56 courses and tours you can attend free. Plus there is even one more savings you will see below.

Jan.   8-11     Ecuador Export Tour
Jan. 13-14     Imbabura Real Estate Tour
Jan. 15-18     Coastal Real Estate Tour
Jan. 19-20    Quito-Mindo Real Estate Tour
Jan. 21-23    Cuenca Real Estate Tour

Join us in February or March.

Feb. 11-14   Quantum Wealth Florida -International Investing & Internet Business, Mt. Dora, Fl.

Feb. 15-16   Travel to and visit Quito
Feb  17         Travel to Manta
Feb. 18-19   Coastal Real Estate Tour
Feb. 20        Travel to Cotacachi
Feb. 21-22   Imbabura Real Estate Tour
Feb. 23-24  Quito-Mindo Real Estate Tour
Feb. 26-27  Cuenca Real Estate Tour

Mar. 11-14     Super Thinking + Spanish Course, Mt. Dora, Fl.
Mar. 15-16    Travel to Quito and Andes
Mar. 17-18     Imbabura Real Estate Tour
Mar. 19-20    Cotacachi Shamanic tour
Mar. 22-23    Coastal Real Estate Tour
Mar. 25-26    Cuenca Real Estate Tour
Mar. 28-29   South Coast Real Estate Tour

Apr. 12-15   Ecuador Export Tour ($499 or couple $749)
Apr. 17-18   Imbabura Real Estate Tour ($499 or couple $749)
Apr. 20-21  Coastal Real Estate Tour ($499 or couple $749)
Apr. 23-24  Quito-Mindo Real Estate Tour ($499 or couple $749)
Apr. 26-27  Cuenca Real Estate Tour ($499 or couple $749)

May  13-14     Ecuador Shamanic Minga  ($499 or couple $749)
May  16-17    Imbabura Real Estate Tour  ($499 or couple $749)
May  19-20    Coastal Real Estate Tour ($499 or couple $749)
May  22-23    Quito-Mindo Real Estate Tour  ($499 or couple $749)
May  25-26    Cuenca Real Estate Tour  ($499 or couple $749)
May  28-29    South Coast real Estate Tour ($499 or couple $749)

June 24         Quantum Wealth North Carolina
June 25-27    International Investing and Business North Carolina  ( $749 or couple $999)
June 28-29   Travel to Ecuador and Andes
June 30-Jy 1 Imbabura Real Estate Tour  ($499 or couple $749)
July 3-4          Coastal Real Estate Tour   ($499 or couple $749)
July 6-7          Quito-Mindo Real Estate Tour    ($499 or couple $749)
July 9-10        Cuenca Real Estate Tour   ($499 or couple $749)

Sept.   3-6      Ecuador Export Tour  ($499 or couple $749)
Sept.   8-9      Imbabura Real Estate Tour  ($499 or couple $749)
Sept. 11-12     Coastal Real Estate Tour   ($499 or couple $749)
Sept. 14-15     Cuenca Real Estate Tour    ($499 or couple $749)
Sept. 17-18     Ecuador Shamanic Minga  ($499 or couple $749)
Sept 20-21      South Coast Real Estate tour ($499 or couple $749)

Oct.    7          Quantum Wealth North Carolina
Oct.   8-10     International Investing & Business North Carolina ($749 or couple $999)
Oct.   11-12    Travel to Quito and Andes
Oct.  13-14     Imbabura Real Estate Tour ($499 or couple $749)
Oct.  16-17     Coastal Real Estate Tour ($499 or couple $749)
Oct.  19-20    Quito-Mindo Real Estate Tour ($499 or couple $749)
Oct. 22-23     Cuenca Real Estate Tour ($499 or couple $749)

Nov.    4-7        Super Thinking + Spanish Course Florida ($749 or couple $999)
Nov.    8-9       Travel to Quito and Andes
Nov. 10-11       Imbabura Real Estate Tour ($499 or couple $749)
Nov. 13-14      Coastal Real Estate Tour ($499 or couple $749)
Nov. 16-17      Quito-Mindo Real Estate  ($499 or couple $749)
Nov. 19-20     Cuenca Real Estate Tour ($499 or couple $749)
Nov  22-23      South Coast Real Estate Tour (($499 or couple $749)

Dec.   3-5       Ecuador Shamanic Mingo  ($499 or couple $749)
Dec.   7-8       Imbabura Real Estate Tour ($499 or couple $749)
Dec.  10-11    Coastal Real Estate Tour ($499 or couple $749)
Dec. 13-14     Quito-Mindo Real Estate Tour ($499 or couple $749)
Dec. 16-17      Cuenca Real Estate Tour ($499 or couple $749)

If you join the International Club, the entrance fee for 2010 is $2,999 (until January 2010).  Your attendance fees at all courses will be waived. You and your guest can attend courses worth $40,947.

You can calculate the savings as our schedule of all 2010 courses is shown below.

Arrival dates are always one or two days earlier. Please double check with us before booking flights.

I invite you to be a member of the International Club which allows you and your guest of your choice to attend all of these courses which are valued at $40,947!

International Club 2010 Membership Enroll here

You may well wonder why I would make such an offer and ask why the cost is so low? Let me answer this question frankly and from the heart.

First, it helps us do a better job for you. We feel greatly enriched when we can really help our clients improve their lives. We have learned through years of experience the best way to do this is to meet with you regularly. We can best help you learn how to improve your health and wealth through continual expansion of knowledge.

Second, we gain enormous fulfillment from the many friendships we form through the years. Our friends have enriched our lives tremendously. Let me explain this in more detail.

As a member, you will be part of our international family that meets intensively over the next year to examine ways we can make our lives better. Our goal is beyond just having money. Our goal is to have quantum wealth… good health… wealth and fulfillment through service.

Though I give all course delegates my very best, I cannot help but to do a better job for those who come again and again. As we meet often; your particular wants, needs and desires become clear, and it is easier for me to point you in the right direction.

Another phenomenon is that repeat delegates help each other! They get to know one another, help each other learn, share their insights, make contacts and gain more wealth.

Out associates in Ecuador, are experienced business people who live or work and conduct our real estate and export courses.  They can also act as your local backup for the business.

Lifestyle for Two. There is more! I have learned at my courses that many repeat delegates were couples.

We want couples! As a member of the program, you are entitled to bring another person to every single course or tour. The cost for that extra person will be ZERO!  You can bring whomever you wish. Bring your spouse, a friend, son or daughter, partner, accountant, adviser. You can bring the same person each time or a different person, whomever you choose to accompany you. (Accommodations and air fares relating to the courses are not included for members, delegates or their guests.)

Won’t you join us in this exciting club and share Merri’s and my lifestyle for the next year? We look forward to seeing you at as many courses as possible and sharing this wonderful world of abundance and well being with you!

Gary

International Club 2010 Membership  Enroll here

Read the entire article New Slip in Housing Prices Undercuts Fragile Optimism

Happy Oops… New Year


Here’s one way to get a good start in the new year.  Let my 2009 error make you a hero in 2010.

Sometimes… no matter how much experience… there are ways to screw up…  as I recently did.

See below how this mistake can not only bring extra cheer to you in 2010… but can help you gain wealth… better health… asset protection and make you a hero (or heroine as the case may be) as well.  Plus save you some cash as well!

First let me share how rosy our holiday has been… filled with Ecuador roses.   (Roses like this will be part of your heroship because in a minute you’ll see how to get an Ecuador rose bouquet absolutely free…. exactly at the most important time.)

We received 100 roses… we had ordered 50 and a kind reader sent us 50 more. Thank you Barry!  After sharing, we still had a number of wonderful bouquets around the house.

Some have become wilted by now.

Though they are not so great on the stems… they still look good on…

ecuador-roses

off the stalks on…

ecuador-roses

our dining room table.

The pinks really held up and remain in our kitchen.

ecuador-roses

These roses lasted nine days because we care for them. Instructions are included when you get Ecuador roses.

Other good ones have regrouped into a New Year’s bouquet standing in our living room.

ecuador-roses

Readers loved their Ecuador roses as well.

One wrote:  Just wanted to send a note about the roses. They are breathtaking. We cannot believe just how beautiful they are. Arrival was exactly on schedule, again they are perfect. We got them for our own house, which is an Assisted Living Facility for the Developmentally Disabled, six men with mental challenges live here with us. But the roses are so lovely we are allowing them to take some to their families. We want to thank you and yours for sharing with us such a lovely gift.  Makes us want to move even more.   You will definitely be getting more orders in the future from us AND our friends.

Now let me confess… my screw up.  Then we’ll share two great benefits (an Ecuador rose gift and more) that this error can bring to you.

Merri and I have been conducting seminars for over 30 years.

In that time we have learned many lessons.  For example…  one important lesson is… do not conduct a seminar anywhere near Christmas, Easter or Valentine’s Day.

So what did I do for 2010?

Before I admit everything, please let me mitigate this screw up by saying that scheduling these events is not the easiest task in the world.

One has to take into account US holidays, Canadian holidays…. Ecuadorian holidays… religious holidays of all sorts… what one’s competitors are doing, what our friends at Jyske Bank are doing plus in 2010 we have a Cotswold wedding to factor in  (our youngest daughter is to be married… yea!) as well.

Plus our business has really boomed.   By last October, when we normally schedule our seminars for the year ahead…  I was already being bombarded with requests for a 2010 schedule.

What more can I say.  I simply goofed under pressure and set up our first ever expanded Quantum Wealth International Business & Investing seminar for Feb. 11-14  in Mt. Dora, Florida.

In other words this course’s schedule is not near… not close… but right on Valentine’s Day.  I shudder!

Plus once our schedule is set and reservations come in…the dates are pretty well set in stone.  In the last 30 years or so I have missed a seminar only twice… once when my dad died and once last year when my mother had a serious illness. (She has recovered really nicely thank you very much).

If Merri, our kids and my mom (plus me of course) are breathing and are likely to continue to do so for a week… then our seminars are conducted!

So I realized: “I had to turn lemons into lemonade.”

I had to create a Valentine’s celebration as part of our February seminar.

I have done this in three ways so here is what I am going to do for you…. to make you a Valentine’s hero!

If you attend our course this February 11 to 14  and bring your partner! I’ll give you a bouquet of beautiful Ecuador roses to enjoy at the seminar.  If your spouse does not come, you can take the roses home… The course ends about noon so you can get back home on Valentine’s Day, and with some of the nicest roses you can imagine, to say “Happy Valentine’s Day”!

You’ll be a Valentine’s hero!

Yet there are two more great Valentine’s treats in the works… that will make you a Hero with a capital H.   We’ll see these other benefits in a moment.

First, let me describe the benefits (beyond being a Valentine HERO) of attending the seminar.

The seminar begins in Mt. Dora (about an hour from Orlando airport) Thursday February 11 with “Quantum Wealth” a one day workshop conducted before our regular Florida International Investing & Business Made EZ seminar.

This workshop helps you learn how to attain wealth continuously, effortlessly, in a fulfilling, enjoyable and positive way.  This workshop will help you stop worrying about money, bad governments, the falling dollar… inflation and all the future other horribles. Quantum Wealth reduces stress… improves health and helps income to flow from doing what you love.

We have been incorporating the ideas of Quantum Health and Quantum Wealth into our courses and seminars for decades… but our  February 2010 Florida schedule made it possible to devote an entire day to this portion of the course.

International-Investments

Delegates enjoy coming to our home during the “Quantum Wealth – International Business & Investing Seminars” Here is a group at our North Carolina home.

The foundation of Quantum Wealth is to integrate:

* Logic with intuition.  The benefit is increased prosperity from better adaptation to change.

* Desire with action.  The benefit is more enjoyment and fulfillment from life.

* Good health with everlasting wealth. The benefit is reduction of stress, more energy and feeling better.

ecuador-savings

Join us here, this February at…

emp-terrorst-attack

our new Florida home…where we will enjoy a Valentine’s Day celebration.

Bringing delegates to our home for a home cooked meal is an example of a quantum wealth benefit.

This is fun.

Yet there is more.  This process helps delegates hear, see and feel the authentic reality of the ideas we share.  We do not spout ivory tower, unattainable theory.  Our seminars share what we do… how we live… and how we have developed our lifestyle. Our mission is to help you see what we do, so you can blend our lessons into a lifestyle that is better… happier… richer…easier for you.

I have never heard of other seminars offering this… an integration of what we speak about with our actual “at home” lifestyle.

Here are the 21 main points we cover in our one day Quantum Wealth Workshop.

#1: Quantum mechanics & frequency how they all connect.

#2: Three aspects of being – air – fire – water… how to balance and integrate them.

#3: Three ways to integrate brain waves and be in the zone… 60 cycle sound… L- theanine and meditation.

#4: The Andean – Indian Connection. How Ayurved and Andean relate.  Three fundamentals of longevity. Eat right, work hard and sleep well. Nutrition, exercise and purpose.

#5: How dis-ease develops and is stopped.

#6: Nutritional goals: Improve digestion, avoid dis-ease here first.

#7: How to use cleansings. Melon, pineapple, apples-grapes, vareshna, chelating, cinnamon-sweet pepper tea, steam and mists.

#8: Teas. How and when to use cedron, chamomile, lemon verbena, peppermint.

#9: Relaxers. How to use chamomile, valerian, lettuce and milk, hot water, vata press.

#10: Fire reducers. How to use peppermint tea, aloe, cream massage, frozen grapes.

#11: Water reducers. How to use cinnamon tea, paprika, cloves, ginger, ginger-black salt and lemon juice.

#12: The power of ritual & routine. When to eat, think, exercise.

#13: How to spot imbalances. Moods, physical signs. pulse testing.

#14: Quantum leap. How energy, colors, organs, glands work together and change every seven years.

#15: Shamanic exercises-yoga, llama walk, lizard, sun salute, crab and mouth release, ring chew, etc.

#16: Deeper Digestion.

#17: How to use the senses, taste, six flavors.

#18: How to use color.

#19: How to use sound.

#2o: How to use essential oils.

#21:  How to gain Super Thinking abilities, increased intelligence and super thinking into our Super Thinking + Spanish for many years but now have added this to our international investing and business seminars to create quantum wealth.

There are at least three simple ways to turn on this super thinking ability:  meditation, listening to 60 cycle music and taking Theanine.
These three steps integrate four categories of brainwaves, ranging from beta waves, the fastest of the four different brainwaves to alpha, theta and the final brainwave state, delta. Delta brainwaves are of the greatest amplitude and slowest frequency.  Deep dreamless sleep takes you down to the lowest frequency.

When we allow these waves to interconnect freely we gain unimaginable intellect.

Merri and I meditate twice every day to tap into this energy.

Plus we listen to 60 beat ten cycle classical music as we work. You could count the number of times we have missed our meditation routine in the last 20 years on one hand. This helps us enormously.

This type of music, along with deep breathing exercises for relaxation moves the mind into Alpha and deeper states as well.

Health benefits are gained as blood pressure can drop, heart rates slow and the mind becomes calmed… and you become smarter.  You tap into your higher intelligence and are more likely to have… and  enjoy… success.

A third avenue that helps enhance intelligence is Theanine (chemical name: r-glutamylethylamide) one of the chemicals found in green tea. Theanine is used to reduce stress and anxiety without the tranquilizing effects found in many other calming agents. Scientific evidence shows that Theanine stimulates the brain’s production of alpha waves, making the user feel relaxed but alert and not drowsy. It also helps the body produce other calming amino acids, such as dopamine, GABA, and tryptophan. As might be expected from a calming supplement, Theanine may be able to lower elevated blood pressure as well.

Our Quantum Wealth workshop looks at how to use super thinking to tap into deeper intelligence and what to do with this intelligence in business, investing and life so you improve the way you absorb, retain, recall information and think forever. The one day Quantum Wealth workshop prepares you to gain more from the international investing segment of the course that starts Friday February 12 when I join Thomas Fischer of Jyske Global Asset Management and our webmaster to review where to invest in 2010.

international-investment-seminar

Here is Thomas speaking at a previous seminar.

Quantum wealth shares our lifestyle.  International Business & Investing shares  how we create income through service and invest globally… plus shares our most valuable contacts and sources of knowledge.

Inflation makes it increasingly hard for almost everyone to keep up with the faster and faster pace of the rat race that captures most of the world…especially in economic downturns we have experienced for the past two years.

International investments and international business unlocks the restrictions of the rat race.

Economic stress grows…debt…rising cost of insurance, increased liability…inflation lurk everywhere. More crowded…more change…more push.  The falling dollar and economic hard times are shredding purchasing power.

This leave us few choices.

We can join the rat race or…find enjoyable ways to invest and earn.

The second day of the seminar (Friday Feb 12) looks first at multi currency investing.  Multi currency portfolios are usually slow moving, safe, conservative investments but they can be really profitable as well.

How safe?

The portfolios we create and review at our courses are composed of mutual funds and shares and are developed with the help of one of the world’s safest banks. The mutual funds and shares are held at that bank at all times.

Suppose we get specific.

That safe 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.

That’s safe.

Each course reviews global economics and updates ways to adapt and prosper in current conditions.

This portion of the course reviews what I am doing as multi currency investor myself.  For example during the 2008 downturn the recent Global Portfolio Currency Breakdown of my own personal portfolio looked like this.

Ecuador Real Estate 12.0%
Real Estate  31.0%
Euro 10.5%
Emerging market Currencies 10.0%
Danish kroner 9.9%
US$ 8.2%
British pound 6.0%
Swedish kroner 4.0%
NZ$ 3.7%
Australian $ 1.0%
Canadian $ 1.0%

By late 2009 that portfolio had shifted to

US $ Real Estate 50%
Non US Equities   3%
Emerging Bonds 11%
Bonds                   26%
Ecuador Real Estate  (for sale) 15%
US$ Short             -5%

my liquid portfolio was diversified in these currencies:

US$  -5.0%
CAD  7.0%
NZD  7.0%
AUD   7.0%
$ Bloc   16.0%

GBP   8.0%
DKK  10.0%
SEK   4.0%
EURO 39.0%
Euro bloc 61.0%

TRY 6.0%
HUF 7.0%
BRL 6.0%
EMCS 6.0%
Emg Curr  25.0%

Now I have made another big shift in my portfolio. At the seminar you’ll see my updated portfolio and why I have made these changes.

Most teachers do not actually share their own personal portfolios…  Just as Merri and I share our home and lifestyle, we share how we invest and explain why our portfolio is designed for our circumstances at any one time.

This provides you with two benefits. First, sharing why we adjust our investments helps you understand how to adjust yours.

Second, and most important, we invest real time. The data shared in our courses is about global investments you can make in the here and now. What you learn is not dated theory, but up to the minute fact! Many delegates come to course after course to update their portfolios.

We share our most valuable sources of information as well.

For example, Thomas Fischer Senior VP of Jyske’s Global Asset Management group will join us from Copenhagen to speak about where to place your current international investment allocation… along with four others… six of our friends and most valued sources if data… will be on hand to help you.

My personal investment adviser Anders Nielsen, also with Jyske, will be on hand to speak privately and answer any of your personal questions.  Our friend and tax attorney of more than 20 years, Joe Cox will share information at the seminar as well.

multi-currency-debt

Here I am with Anders at a previous global investment session.

Here are a few of the international investing and business subjects we review at this course.

#1: How 100 years of global economics can enhance your international investments and international business now. Learn how history reveals currency distortions that create international investment opportunities to borrow low and deposit high. For example right now you can borrow Japanese yen at below 3%, Swiss francs below 4% to invest in international investments, international business, international real estate or other international currencies that pay 5%, 6%, 7% and even more. In one case we’ll show why it is smart to borrow Swiss francs at 3.75% and invest in international Brazilian bonds that pay up to 10% or more!

Subjects in the international investments sessions include a review of global stock markets, international currencies and international interest rates and how they are shifting versus the greenback.

Another session looks at where to find the best value international investments globally right now, plus how to spot the hottest international investment trends before they become hot.

We also cover how to cash in on currency shifts by making international investments through the Multi-Currency Sandwich (Borrow Low-Deposit High) tactic. This is a perfect time for such international investments using diversification of currencies and taking advantage of the currency distortions that now plague investors around the world.

Currency experts from Jyske Bank (Thomas Fischer was a currency trader for many years and Jyske is one of the major currency trading banks in the world) will provide data at that course on this subject.

We’ll study international investment portfolios that offer the advantage of diversification, in several cases into nine currencies and nine different investments of which more than half have strong A to AAA ratings. We will review any changes made in the international investments portfolios we track and update what and how currencies and interest rates may move in the months ahead.

#2: We’ll look at international investments in emerging stock markets and emerging bond markets as well. 2007 was the seventh consecutive calendar year in which international investments in emerging markets outperformed developed markets. In 2007 the MSCI overall Emerging Markets benchmark was up 23.8 % in US dollars compared to the MSCI World Total Return Index being down 0.08 % in US dollars.   See why 2008 fared worse for emerging markets and how this creates more potential value.

In 2008 emerging markets fell faster and further than major markets… but once again in 2009 they led the global investment pack.  Anders Neilsen, my Jyske account manager, is one of Jyske’s bond experts and will be on hand to answer bond questions.

This February’s International invest sessions look at which blend of emerging and major markets may work best in 2010.

How profitable? Though Jyske Global Asset Managers have been extremely conservative this year, their managed portfolios have risen between 12.2% and 34.4% depending of the risk profile and the size of arrangement.

Those with more emerging markets in 2009 made even more.  The emerging markets index (in US dollars) was up 58.99% compared to 23.05% for the major market index. Over three years the index on emerging markets was up 37.88% versus 17.27% for the world index. The emerging market index was up 35.63% compared to the world’s index rise of 18.43% over five years.

Then emerging markets recorded their highest ever quarterly returns in the second quarter 2009, and posted strong gains for the third quarter, up 37.4% in three months, which ranked as the ninth best in equity market history.

You’ll learn why in 2009 we were investing in BRIC countries (Brazil, Russia, India and China).These 4 countries now generate approximately 27% of the world´s Gross Domestic Product (GDP).  The average annual GDP growth of a BRIC nation was greater than 7% before the recession, as compared to approximately 2% for a G-7 nation.  In the first three quarters of 2009, the growth rate for the Chinese economy beat expectations with an outstanding 8.9%.   We’ll look at a special BRIC trading idea in our 2010 seminars.

#3: One session will especially focus on international investments in alternate energy and water. For example we’ll see why Hyflux (water cleaning membranes mainly in China ) rose from $1.50 to $5 in less than a year (and why it then fell dramatically). We’ll see why water shares are destined to grow. We’ll look at Vestas (windmills) shares also up from $50 to $106. Plus we’ll update our Green Portfolio. These shares are especially interesting now as they were especially depressed in the global meltdown.

This course goes far beyond just international investments in stocks, bonds and currencies. Other sessions cover:

#3: How to cash in on distortions in international real estate from Ecuador to Lithuania! We have gained much more than just profit and international business and international investing opportunity in our international real estate searches. We have gained incredible luxury, heart- warming sweetness, breath-taking beauty, much better health and pleasant surprises at every turn. Having lived, worked and played in Ecuador now for over a decade and a half, we’ll focus heavily there, but Ecuador real estate opportunity is just one small part.

For example we’ll see how to own Ecuador and Smalltown USA real estate for pleasure and profit.

The third session of the course looks at how have an international business for fun and profit.

Merri and our webmaster, David Cross join me in the third part of the seminar to look at how to have a small international internet business.

This portion of the seminar is highly practical and usable because it focuses on how to start really small…with minimal investments of time and capital.

Plus we show how to stay small (yet highly profitable) if desired. International business sessions include:

#1: How to have an International and Ecuador Import-Export Business anywhere.

We’ll especially zero in on Ecuador export business opportunities in carved wood, ceramics from Cuenca, carpets from Guano, silver and gold jewelry from Chordeleg, paintings and art, textiles from Otavalo, leathers from Cotacatchi and flowers from the Andes . For example you’ll learn how factories make bread dough jewelry that can be fashioned into high school and college mascots and purchased for pennies apiece (to be sold for dollars abroad). You see how the only native American owned mill produces coats, shirts, sweaters, hats, gloves and scarves in school colors of your choice (at really low prices). These can be sold for ten times their cost.

Here is what one delegate to our course wrote: “Warm greetings for you and Merri! I’ll be on that list of Millionaire women very soon, thanks to your wonderful guidance and tips. Thank you SO MUCH for the good work that you both do!!!”

Another shared this: “I love to travel, but since I’m not independently wealthy, I also need to make money. I made one of my dreams come true. I went to Ecuador . I attended Gary & Merri Scott’s import/export seminar, we visited artists, markets and villages. It was a treat to see the great variety of handmade items and meet the friendly artists. I started to see the possibilities. I filled my suitcases in no time. Most of those things were sold to coworkers and friends and covered the costs of my trip. Yeah!”

“I returned to Ecuador in October. I spent two weeks attending Spanish classes in Quito and the next two weeks shopping. Once home, I sold my goods at an international bazaar and again paid for my trip expenses.

“Do I plan to continue? You bet! I have ideas for other places to sell my goods and some great material for travel articles. I am learning more each trip and gaining experience and confidence and most importantly, I love doing it! Attending your workshop was the catalyst that gave me the courage to take the plunge. Thank you for enriching my life.”

#5: How to write and use publishing, seminars and how to use international internet opportunities to create your own global business from your home. You can run your global business from an office or at home! The internet makes this more possible than ever before.

In the course we use case studies of what we are doing now to show how to start small and grow on the internet! Imagine this. Merri and I have a tiny international business. Just two of us run this operation from a remote farm in the Blue Ridge, a small village in Ecuador and the Florida countryside. Yet our website is ranked among the top 20,000 sites in the USA.

By starting small and building with stepping stones and harmonious foci we now almost own several profit generating phrases at Google.

At the course, we look at how we use the Seven Ps (Person, Problem and Promise, Product) to zero in on key phrases. Then we use the Fifth P Promise to develop new customers. The Sixth P the Prospecting Path and Seventh P the Presentation we use at the internet.

This knowledge has really helped previous course delegates. Here is what one previous delegate just shared:

“Gary , I have been working on my website, healthy-holistic-living.com site and I figure it is time for another update. It is really hard to believe it, but my site just keeps growing and growing and I am now averaging 2000 visitors per day!

“What I find to be most amazing is that in just a few short months my site is #1 out of over a million sites and sometimes even millions of sites! As you always say the internet is the ‘Great Equalizer’ anybody given the right tools can compete on the internet.“

You will learn how to use the same system to expand (or start) your business globally!

#6: How to Cash in on Smalltown USA.

We’ll look at properties for sale in Central Florida. These areas have two unique features. First, they offer great real estate value. Second, they are great places to visit and live and do business.

Many readers combine a trip to our Florida or Blue Ridge courses with a chance to look around and inspect some property for sale.  Learn how demographics and population push (plus the water) and new Florida investments that have come to this area are likely to make this a hot spot in the decade ahead.  In Florida they often visit Orlando about an hour away… plus look at the great lake front properties available at really low prices.

We’ll introduce you to brokers we have used in Florida at the seminar.

#7: How to use the latest tax savings and offshore legal structures to gain the ultimate asset protection. Learn how to gain more than cash-freedom, friendship, financial security, prestige, tax savings, legal protection, fun, adventure, self-sufficiency, fulfillment and more satisfaction…by combining very small amounts of money with your time and energy in an international business.  Our friend and attorney for more than 20 years… Joe Cox will be on hand to speak and answer your questions also.

Previous course delegates have included business people, brokers and professionals, doctors, dentists, lawyers, retirees, couples wanting to get into international business together, insurance agents and marketers who want to enhance their existing business or build a second sources of income through international investments and international business.

Plus more.

We have invited more speakers than we have had in a decade to share this learning experience with you… at this seminar course… for ideas on health… green and quantum investing… asset protection and global business.

Quantum Health…. Sheri Clary.   Sheri helps us with our health.  Sheri is a nurse practitioner who with her husband, James Clary MD, have been helping delegates learn natural ways to improve their health.  Specializes in hormonal balance using bioidentical compounds.

Quantum Investing… Ted Tidwell.  Ted is the founder of 1st Envirosafety the maker of Ted’s Stuff… a colloidal compound that has been helping farmers globally as well as helping create global business opportunity for Americans and Canadians moving abroad.

Quantum Asset Protection  Joe Cox.  Joe has been my friend and attorney for more years than I care to remember.  He specializes in estate planning, insurance, trusts and taxation is a frequent speaker on tax planning topics such as income taxes, insurance trusts, irrevocable trusts and offshore asset protection trusts. He has also written hundreds of articles and books concerning income tax and irrevocable trusts.

Joe is listed in Who’s Who in America and Who ’s Who in American Law. Chosen by Florida Trend Magazine as one of the top 1.6% of lawyers in Florida and one of the top 34 Wills, Trusts, & Estate Planning lawyers. Chosen by Worth Magazine to be one of the top 100 attorneys in the Nation.

Third, the Valentine’s Treat.  The February seminar can help you live, work and invest better… but remember I promised a third benefit that Merri and I have added to make  you a Valentine hero.

We have booked all four days of this course to be conducted in a very romantic place, the Lakeside Inn in Mt. Dora Florida and have arranged discounted room rates for you.

investing-course

The Lakeside inn is a ‘National Historic Treasure’, listed on the
National Historic Register, that  has continuously 
operated as an Inn for more than 125 years,
the oldest operating Inn in Central Florida.

investing-course

The Lakeside Inn is located 40 miles Northwest of Orlando
 in in Mount Dora… our shopping town and known as 
the “New England” of Central Florida.

investing-course

Mount Dora is the Antique Capital of Florida,
where the Renninger’s Twin Markets draws thousands
 to the Antique Mall and Flea Market,
along with downtown Art Shows, Craft Fairs,
Music Festivals, Theatre, Antique Shows,
Classic Wooden Boat Shows, Sailing Regattas 
and Holiday Lighting Ceremonies and Parades.  The Captain Doolittle Eco Tours and Mount Dora Trolley
 and the antique train leave right from the Inn for daily excursions.

You’ll be able to enjoy this romantic view.  The inn sits on Lake Dora.

investing-course

When you enroll, we’ll send details on how to book a room for the seminar at the exceptionally low rate of $129 a night.

You are a Valentine’s Hero in Three Ways.

There you have… along with all the benefits of quantum wealth… international investing and business you get Ecuador roses, a Valentine’s party at our house and can stay with your Valentine at the incredibly unique and romantic Lakeside Inn.

There are three ways to attend our February tours.

Option #1: Come for the four day quantum wealth… international investing and business seminar.

Quantum Wealth Florida – International Investing & Internet Business Mt. Dora, Florida ($749) Couple $999

Option #2: Enjoy a split session. Come for the four day for quantum wealth… international investing and business. Then travel with us February 15 to Ecuador for one or up to four real estate tours.

Feb. 11-14  Mt Dora.

Feb. 15-16,  travel to and visit Quito.

Feb  17, travel to Manta.  Feb. 18-19,  Coastal Real Estate Tour.

Feb. 20,  travel to Cotacachi.  Feb. 21-22,  Imbabura Real Estate Tour.

Feb. 23-24,  Quito-Mindo Real Estate Tour.

Feb. 25 travel to Cuenca.

Feb. 26-27,  Cuenca Real Estate Tour.  Feb 29 end of tour.

Simply choose how many seminars and tours you’ll be on and enjoy the multi tour savings below.

Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Option #3. If you plan to attend six or more seminars and tours in 2010 save with an International Club membership.  See how to save here.

International investments and business can help your money grow and stop losing its purchasing power.

Previous course delegates have included business people, brokers and professionals, doctors, dentists, lawyers, retirees, couples wanting to get into international business together, agents and marketers who want to enhance their existing business or build a second sources of income through international investments and international business. Plus everyone wishes to improve their lifestyle… have better health and more ease in receiving income.

If you have or want to make international investments or have your own full or part time international business, you should contact us and make a reservation.

Your friend,

Gary Scott

P.S. One section in the Mt. Dora seminar shows how I turn a $950 direct mailing into $118,500 in three weeks. I added $9,875 a month to my income! This information is worth the cost of the course alone.

How to Make Money in the Multi Currency Era


The US and Ecuador property market offers a rare opportunity to make money in this multi currency era. Here is an excerpt from a recent multi currency update.

Two economic forces have come together to create extra special profits.

I know because the same  combination occurred in London during the late 1970s and allowed me to increase an investment eleven times in two years by buying property then.

Earlier in 1970 I had lived in London, England for a year, then moved to Hong Kong. During that time I also maintained a home outside of San Francisco, California.

This was a time of great inflation. My homes in California and in Hong Kong appreciated greatly. In the mid 1970s, when I moved from Hong Kong back to London, I noticed that London real estate was priced about the same as it had been in 1970. This puzzled me. Why had London property prices remained flat despite inflation?

On investigation, I learned that there had been a huge real estate crash in 1970 which continued to dampen real estate prices six years later despite the rampant global inflation. I felt this was a great distortion as European property prices had risen, but London prices had not. Yet London offered the best utility as the center of the English speaking world. This, to my way of thinking, created a huge distortion.

It’s late 1976. Britain faced  a sterling crisis. In less than two years the pound has fallen from $2.40 to $1.60. Investors had no faith in the British economy, or the government that ran it. The government’s budget was a mess.  Investors  were ditching the pound.

The plummeting pound pushed the economy to breaking point. Prime Minister Callaghan, in desperation borrowed as much as possible, £2.3 billion from the IMF.

At that time, the British pound collapsed to its lowest level ever (a pound per dollar for a short time) so the distortion widened. This meant in US dollar terms London property had dropped almost 50% while property in other major cities of the western world had increased in price by three or four times.

london-house

The house I bought was right next door and very similar to this house in Bedford Park, London W4.

This house in West London was 34,000 pounds, 9,000 pounds down (then $9,000).   I took a mortgage for 25,000 pounds ($25,000).  I lived in the house and three years later the pound had recovered to 2.2 dollars per pound plus London real estate had caught up with property in other major western centers. I sold the house for 115,000 pounds or $253,000 a profit of $244,000 on a $9,000 investment.

Now it’s the US dollar that is very low.

You will have seen articles something like the the September 7, 2009 Bloomberg article “Weak Dollar? Currency, at 10-Year Low, May Fall More” by Bo Nielsen.

An excerpt says: Anyone who says the dollar is weak after it fetched a record-low $1.3681 against the euro and the fewest pence against the pound in 25 years is expressing a euphemism.

The currency may decline at least another 10 percent by the end of 2008, say Jay Bryson, an economist at Wachovia Corp., and Kenneth Rogoff, the former chief economist at the International Monetary Fund. The dollar has only fallen 3.4 percent in the past two years to a 10-year low, according to a Federal Reserve index that weighs trade with 38 countries including China, Mexico, Canada and countries in Europe. It tumbled 30 percent in the three years ended 1988.

“Dollar weakness will be broad-based and could last for years,” said Bryson, a global economist at Charlotte, North Carolina-based Wachovia who previously analyzed currencies at the Federal Reserve.

Investors are dumping dollars, lured by higher returns elsewhere. The U.S. will grow more slowly than Europe for the first time since 2001 and Japan for the first time in 16 years, the IMF forecasts. The difference in yield between 10-year German bonds and Treasuries has shrunk to the smallest since 2004.

Those who read this site regularly or subscribe to our multi currency course know that I reported my personal portfolio and recommended getting out of the US dollar in February 2009. See that recommendation here.

I showed that my portfolio was 86% out of the greenback.

My liquid portfolio currency allocation was reported as Brazilian real  4%,
 Denmark kroner  33%
,  euro 31%
, British pound 10%
, Turkey lira 8%
, US$ 14%.

I also mentioned in February that I was going to start buying Florida real estate.

So Merri and I began looking and in our research found that there appears to be a hole in the market for Central Florida property selling in the million to $750,000 range.  There seems to be no buyers at all. We have been watching prices tumble hundreds of thousands.

We are viewing one property next week that started at $800K+. It just dropped $100,000 last week from $395,000 and is now down to $295,000.

This is about a 25% drop in that house’s price in six months. That’s pretty good!

Now look at what this means in depreciated dollar terms.

dollar-chart

Here is a chart of the euro to US dollar from yahoo.finance.com from February 2009 to September 10, 2009 when this was written.

In February a US dollar bought .80 euro so that house at $395,ooo cost 319,200 euro.  Now a US dollar buys about .68 euro so this house at $295,000 costs about 200,000 euro.

That is a drop in that house price of 37% in six months in terms of euro. That’s even better!

Here is the magic in this hidden, built-in profit.  For most of the market, the profit is hidden.  Most investors are not comparing currencies and real estate prices.  Yet these distortions will filter through. Eventually European investors…. or those like me who are holding currencies other than dollars will see this distortion and cash in.

I, and now you, just have an advantage because we are always looking at both markets… currency and real estate.

Ecuador Real Estate Cheaper as Well

This also creates better value on Ecuador real estate. Take for example one penthouse property I am selling at $139,000.

This is a perfect property for those who want peace… quiet…and instant access to miles of empty, warm Pacific beach.

ecuador beach rentals

This two room, top floor penthouse is at Palmazul and includes use of the the swimming pool, tennis courts… and spa.   You can dine here, one floor below.

ecuador beach rentals

The units are fully equipped… kitchen…

Ecuador beach rentals

with full size fridge.

Living room…

Ecuador beach rentals with a view…

Ecuador beach rentals leading…

Ecuador beach rentals to large private balconies…

Ecuador beach rentals with these views…

ecuador beach rentals

and sunsets to kill for.

ecuador beach rentals

Long walks on the beach… you can amble at low tide for ten miles and not see a soul.

ecuador-seminars

Luxury bathrooms with bathtub…

Ecuador beach rentals

and a king size bed with view and caressed by the ocean breeze.

Ecuador beach rentals

This unit would have cost 111,000 euro in February. Now the price has dropped to 94,500 euro… just from the dollar’s fall.

The US and Ecuador property markets offers a rare opportunity to make extra profit now because of hidden added value from the US dollar’s fall. History suggests that real estate is a real asset so its price rises as the currency its counted in falls.

These corrections take time because most property owners do not calculate their property in multi currency terms.  Those of us who watch this can gain extra profit now.

The article above is an excerpt from a recent Multi Currency update. Learn more about multi currency investing. Subscribe to our multi currency course.

Gary

The greatest asset of all is the ability to earn globally in many currencies.

This is why we are providing a special three for one offer with our  course Tangled Web… How to Have an Internet Business. This can help you create your own internet business.

Our emailed course “Tangled Webs We Weave – How to Have Your Own Web Based Business” is a continuing educational program.  You receive the first 28 lessons when you enroll and a new lesson every week or two.

This course teaches how to create a web based business and is developed from the ongoing experiences that we have from our successful and profitable internet business.

This course is well worth the enrollment fee of $299… but currently you also receive two additional courses FREE.

The other two courses are #1: International Business Made EZ, and #2: Self Fulfilled – How to be a Self Publisher.

These two courses have sold for $398 and thousands have paid this price. We add them to your course at no added cost as I believe they will help you develop a better business in these crucial times.

Even Better Get All three Courses Free

To make this offer even more compelling,  I am giving everyone who enrolls in our North Carolina or Ecuador International Business & Investing seminar in October or November all three courses, “Tangled Web… How to Have an Internet Business Course,”  “Self Fulfilled- How to be a Self Publisher” and “International Business Made EZ” free.

Join us with Jyske Bank and my webmaster David Cross in West Jefferson North Carolina. Learn more about global investing, how to have an international business at the seminar.

Oct. 9-11 IBEZ North Carolina with our webmaster  David Cross & Thomas Fischer of JGAM

Or head south to Ecuador!

October 16-18 Ecuador Southern coastal tour

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour

Join us with Peter Laub of Jyske Global Asset Management in Ecuador. Learn more about global investing, how to have an international business at the seminar.

Nov. 6-8 IBEZ Ecuador Seminar

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

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

Attend any two Ecuador seminar or tours in a calendar month…$949 for one.  $1,349 for two.

Attend any three Ecuador courses or tours in a calendar month…$1,199 for one.  $1,799

Read the entire articles:

Weak Dollar? Currency, at 10-Year Low, May Fall More

Dollar Is Near Lowest in Almost Year as Borrowing Costs Plunge

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.


Multi Currency Predictions Feb. 2009


We made several multi currency predictions at our February 2009 International Investing & Business Course in Cotacachi, Ecuador. The investing and business portion concluded yesterday. We are now inspecting Ecuador property.

We used many approaches to process information about how markets and economies might move.

We viewed currencies at the technical level and saw that Jyske Global Asset Management (JGAM) had closed their British pound recommendation.

This is the fine detailed view… the technical end of investing,  Peter Laub of JGAM showed how JGAM had recommended investing in pounds at 1.3750 with a stop loss at 1.3700. Peter explained how the pound dropped to 1.3703 before rising to 1.4500.  JGAM took profit on the backslide to 1.4300.

We looked at economic fundamentals and discussed the February 10, 2009 New York Times article   “Bailout Plan: $2.5 Trillion and a Strong U.S. Hand”  by Edmund  Andrews and Stephen  Labaton  which said:

WASHINGTON — The White House plan to rescue the nation’s financial system, announced on Tuesday by Timothy F. Geithner, the Treasury secretary, is far bigger than anyone predicted and envisions a far greater government role in markets and banks than at any time since the 1930s.

Administration officials committed to flood the financial system with as much as $2.5 trillion — $350 billion of that coming from the bailout fund and the rest from private investors and the Federal Reserve, making use of its ability to print money.

We compared the inflationary impact of this bailout with the deflationary impact of a 20% contraction in the $14 trillion economy.  This looks like a wash that could bring an economic balance at the cost of the US dollar’s parity to  other currencies.

We viewed how seasonality was at work. Over 30 years the Dow has frown 8.16%  overall but all of that growth and more (8.36% per annum average)  have come in in the months of November through April. The average annual growth per annum over thirty years in May  to October is only 0.37%.   In other words… history suggests that every day we move closer to May, the chances of a stock market correction in 2009 diminish.

We viewed the economic cycle and saw that we are reaching the phase of the economic cycle when we should be coming out of cash and bonds and into  shares as:

* Interest rates are down.

* There is a rush for liquidity.

* Employment is growing.

* Uncertainty is high.

multi-currecny-predictions

We looked at the fact that we have plenty of time… no hurry. We can wait and see.  We have time to choose and pick…  the best bargains and values.

We even looked at how the planets and full moon affect investors. There is a historic link in the general trend of world affairs and the the cycles of Jupiter and Saturn.    History suggests that when  these planets are in a good phase it is been auspicious for the world and vice verse.

The cycles of these planets are about 12 years and 30 years which ties into the market cycles we track.

The chart below shows the historical relationship.

We viewed this chart  from a Maharishi Vedic Astrology prediction by Siebelt Meyera in February 1997.

multi-currency-markets

The chart is a bit hard to see here so here is what it reads in the troughs:

1914 Start of WW I

1939 Start f WWII

1962 Cuban Crisis

1973 Yom Kippur War

1997 Economic meltdown in Asia

Since 1991, the cycle has been in their downward trends and reached its lowest in 1997 when Jupiter was debilitated, and in 1998 when Saturn will be debilitated. From 1999 onwards the value will slowly and reach a peak value again between 2012 and 2015.  This suggests a slow recovery over the next three years.

All of this confirmed that we should not expect a quick recovery and reconfirmed our recommendation to do nothing now. Maintain a defensive position and wait for opportunity to present itself.

We reviewed my personal portfolio to see how I am doing this.

Liquid Portfolio  Allocation

Cash  23%
Bonds  61%
Shares 16%

Liquid Portfolio Currency Allocation

Brazilian real              4%
Denmark kroner      33%
euro                            31%
British pound          10%
Turkey Lira                8%
US$                           14%

Total Asset Allocation

Cash  21%
Shares 2%
Emerging Shares .5%
Bonds 17.5%
Emerging Bonds  8%
Ecuador Real Estate 9%
US Agricultural Land 12%
Residential Property 10%
Commercial Property 20%

My Cash Currency Breakdown

USD   14%
GBP  4%
Norwegian kroner 1%
Swedish kroner 1%
Other 1%

My Shares

Bank of Florida  .5%
Jyske Bank  .5%
Turkey Equity Fund .5%
European Equity Fund 1%

My Bonds

Swedish Bond Fund  2%
Euro Bond Fund 4.5%
Danish Bond Fund 7%
ELF Aquitain  EUR 4.500% 23.03.2009  1.5%
Caisse D‚Amort Dette  EUR 12.07.2009  1.5%
Rabobank NL    CAD 4.250% 2009           1%

My Emerging Bonds

Hungary Gvt.    HUF 6.250%12.08.2009   1%
Hungary Gvt.    HUF 6.750%12.02.2013     1%
Emerging Market Bond fund  2.5%
European Investment BK TRY Bond  1.5%
Brazil    BRL  12.500% 05.01.2016          1%
China    EUR  1%

My US Real Estate

US Agricultural Land  12%
Residential Property  10%
Commercial Property 21%

My Ecuador Real Estate

Ecuador Andean residential 2%
Ecuador Coastal    5%
Ecuador Agricultural 2%

We also looked at the importance of investing in things we like.

We reviewed real estate investments in Cotacachi and on the Ecuador beach.

Delegates met Ecuador condo owners Bob & Barbara Humphrey. Here is Bob & Barbara at the Ecuador beach.

multi-currency-predictions

Bob & Barbara live in Telluride Colorado in the summer. Bob has retired from his diving business… flies his own plane and races cars (Shelby Cobra).  Barbara is a Feng Shui expert who lectures globally on this subject.

Like many of our readers Bob & Barbara have a condo both in Cotacachi and on the beach at Vistaazul Beach Condos.

We packed incredible amounts of information into three days but had fun as well.

There was plenty of time for delegates to talk and share what they learned.  Here are several delegates talking, US, Australian and Canadian.

multi-currency-predictions

Plus JGAM hosted a Valentine’s Day wine & cheese reception on Saturday night.

multi-currency-predictions

Andean musicians performed.

Multi-currency-predictions

There was Andean music… a Conga line began.

multi-currency-predictions

Andean dancers entertained.

multi-currency-predictions

There is an excellent organic vineyard and Swiss cheese factory near Cotacachi.  They are both for sale (the properties) and we are viewing them on today’s real estate tour.  For the party we just enjoyed the products, three excellent Swiss cheeses…

multi-currency-predictions

plus excellent wines.

multi-currency-predictions

The photographers in the group were having fun.

multi-currency-predictions

The youngest delegate was a bit bewildered.

multi-currency-predictions

Here is the key advice from that course.   Hold off. Wait. Do Not hurry. opportunities abound but we have plenty of time to pick them up. There could be another drop in May before a gradual recovery.  Invest with care… but invest with passion. Do things fulfilling as well as profitable. Enjoy the process as well as the end results.

Regards

Gary

Join us in Cotacachi and on Ecuador Coast in March.

Merri, our webmaster and I have created a new course on how to build a web business with a webmaster.  Here is a special offer on this new course.

You can enroll in this special course for $299. However if you sign up for our three courses in March 2009, I will send it to you free. You save $299.

March 8-9 Imbabura Real Estate Tour

March 10-15 Ecuador Import Export Expedition

March 16-19 Ecuador Coastal Real Estate Tour

Bob Shane will be at our March courses and will be available to provide health balancing.

Get our web based course FREE if you join us in Ecuador this February or March.

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

Future 2009 courses

May 29-31  JGAM Global Asset Strategy Seminar

June 12-14 Shamanic Mingo Tour
June 16-17 Imbabura Real Estate Tour
June 18-21 Ecuador Coastal Real Estate Tour

July 3-6     Ecuador Import Export Expedition
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

Cotacachi Amazing Real Estate


Cotacachi, Ecuador real estate is amazing sometimes. An even more amazing event took place yesterday…in fact a couple of them.

I’ll share my entire investment portfolio in a moment.. First, let me explain why I am adding more Cotacachi real estate to my portfolio.

A recent message explained why I recommend our upcoming course conducted by our astrologer, Blaine Watson, on  February 9-11, 2009  Beyond Logic Simple Ways to More Wealth and Better Health

I outlined how Merri and I had a wonderful reminder why we need to live beyond logic.

I showed our hotel…Meson de las flores.

cotacachi-health

and told how we had the opportunity to buy this fixer upper directly across the street from the hotel.

cotacachi-health

The fixer upper is coming out great by the way. Plus we received a huge bonus.

Everything about this building was great except there was one problem… traffic buses and trucks…fumes and noise ran right past it..

We racked our brain  trying to figure out how to resolve this….but there seemed no solution.  We almost decided not to buy… but Blaine and our chart indicated that this was the right thing to do.  So we went ahead… leapt in faith and bought the building.  We started fixing it up.

Yesterday we learned that the village is building a new bus and truck road, blocks away.   Our road…that goes right past our new fixer upper building will be blocked to trucks and buses.    When we bought…no one could have known!

We would have never thought of this solution. The answer was Beyond Logic.

Now another almost eerie real estate coincidence has happened.

Yesterday I sent my Ecuador Living subscribers a password protected message about some Cotacachi property that I believe is special.

You can read this password protected information as an Ecuador Living subscriber.

I have been writing to you about this area where this dirt road is being paved.

cotacachi-real-estate

What I shared with the Ecuador Living subscribers was information about an area just past this road  where I had a special, good feeling.  I was thinking of buying some land myself in this area.

I wrote:  When we see a road like this developing we start looking in all the nooks and crannies.  This area looks rural but it’s not.  This seemingly rural area is right in the path of progress. Our hotel is not far…next to the Cathedral you see in the distance here.

cotacachi-real-estate

There are numerous lots for sale by owner… some really excellent deals that we’ll see on our upcoming property tours.

Here are a few…they do not look like much… but…

cotacachi-real-estate

all this property is just a few blocks from this new road.  So when we see a wall like this we do not see crumbling stone.

cotacachi-real-estate

We see what is beyond.

cotacachi-real-estate

A field and it’s for sale.

cotacachi-real-estate

So when we see this…

cotacachi-real-estate

or this

cotacachi-real-estate

or this

cotacachi-real-estate

or this

cotacachi-real-estate

and this … new construction in the midst of all these lots for sale.

cotacachi-real-estate

We know the game is afoot…there is special opportunity.

Then in that password protected message I showed one of the numerous houses our readers have purchased from our friend, Diana Carasco.

cotacachi-real-estate

Diana is a famous artist in Ecuador but she also builds really great houses…that sell from as low as $76,000…and they are amazing. Delegates on our real estate tours snap them up faster than she can build.

So today Diana took us around to show us some new land she is buying today.

Here it is, exactly the land I saw and shared with my readers yesterday. This is the type of coincidence I look for when spotting opportunity.

cotacachi-real-estate

I want you to know … I came back and immediately made an offer on the land in this area that i have been considering.  To know that Diana was going to build in this area was beyond logic. I took this as the final sign…act now!

You can enroll in Beyond Logic at Feb 9-11 Beyond Logic, Keys to More Wealth & Better Health

There is more that you can see from this excerpt I sent to my password protected multi currency investors. Here is the excerpt:

Our last message looked at my personal stagflation portfolio which has the following asset diversification.

Cash
USD                                                                       14%
GBP                                                                        4%
Norwegian kroner                                              1%
Swedish kroner                                                   1%
Shares
Bank of Florida Shares                                    0 .5%
Jyske Bank, Shares                                           0.5%
Turkey Equity Fund                                         0 .5%
European Equity Fund                                    1.0%
Bonds
Swedish Bond Fund                                          2%
European Bond Fond                                      4.5%
JI Danish Bond Fund                                        7%
ELF Aquitain  EUR 4.500% 23.03.2009     1.5%
Caisse D’Amort Dette  EUR 12.07.2009      1.5%
Rabobank NL    CAD 4.250% 2009                1%
Emerging Bonds
Hungary Governm.    HUF 6.250%12.08.2009    1%
Hungary Governm.    HUF 6.750%12.02.2013     1%
Emerging Market Bond fund                                 2.5%
European Investment BK TRY Bond                    1.5%
Brazil    BRL                  12.500% 05.01.2016            1%
China    EUR                                                                   1%
US Real Estate
Agricultural Land                                                       12%
Residential Property                                                  10%
Commercial Property                                                 21%
Ecuador Real Estate
Ecuador Andean Residential                                     2%
Ecuador Coastal                                                            5%
Ecuador Agricultural                                                   2%

This portfolio dropped 11.1% from December 2007 to December 2008.  Compared to the markets this was not all that bad.

Last month it rose 4.31% so is now down 7.11% from its all time high in 2007.
Yet for me, the portfolio did not really move at all.

You can read this entire password protected update with a deeper review of my portfolio as a Multi Currency subscriber.

I then went on to share three rules behind this portfolio.

One of the rules is that I assume that the real estate portion of my portfolio will protect the entire portfolio’s purchasing power.

We have a wealth of property to see on our upcoming property tours… Cotacachi houses, condos, haciendas… gated communities, a cheese factory…and land.

We hope to see you here.

Gary

Join us in Ecuador this February.

Feb 9-11 Beyond Logic Keys to More Wealth & Better Health

Feb. 13-15 International Business & Investing Made EZ

Feb. 16-17 Imbabura 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 Banking & Currency Excerpts


Ecuador banking for gringos can be made easy.

You can use banks like this without even opening a bank account.  We’ll see why in a moment.  First…

Ecuador-multi-currency-atm

First this is day three in Ecuador health week.

Ecuador Health Tip #3  is to simply eat more simply and eat less.

Good nutrition is a vital part of good health. But what nutritionally is right?

Having lived around the globe, I have learned so many schools of thought on nutrition (starting with McDonald’s my primary food provider when in high school and I’m still paying for that bad habit) to shamanic Andean nutritional routines., that my head spins when I think about it. Plus Merri and I nrolled in a doctorate degree program (not for the degree but the knowledge) on holistic nutrition.

Program for Health

The problem is, the more one reads, the more the experts seem to contradict themselves! Some say eat raw, others only cooked. Some say something is good others bad and the list of conflicts goes on and on.

Many of them are right, but the crunch is they are only right part of the time, or in some instances or only if an entire program is followed. And of course, most of them don’t take into account body types, which for us is of utmost importance.

Merri’s and my program for health falls into three categories-nutrition, exercise, consciousness and purification. The three parts are so intertwined that one cannot look at any one of them totally alone.

These categories wrap around themselves in every material and consciousness aspect of health. For example, what we watch on TV is a consciousness aspect of nutrition. Our entire being has to digest what we watch, see and hear. So what we see is a type of nutrition. What we see, hear, smell, feel and taste as we eat (and even before a meal) also impacts the digestion of food. Digestion works with every sense and affects the nutrition we receive.

So the rule of KEEP IT SIMPLE seems to be one that almost all the systems I have blundered across agree on.

Certainly a secret of slowing the aging process is do not eat too much!

This sounds so simple but the fact is almost every diet book in the world tiptoes around this simple fact. Many claim you can eat as much as you want on a diet. Rubbish. The only way that scientific research has ever shown to live a longer life is by cutting back calories.

Biologist Siegfried Hekimi learned how to lengthen the average lifespan of tiny transparent worms from 15 to 20 days (the equivalent of increasing a human lifespan from 75 to 100) and confirmed what many scientific studies have found. There is a link between metabolism and lifespan. Eating less can slow the metabolism down.

Our Andean shaman stressed this fact in many ways.  As mentioned in tip #2, I once asked him his most important rule for nutrition. “Eat only on an empty stomach,” was his reply.

This is hard to do if you eat too much. Your blood sugar rockets (from all the food). This causes your adrenalin to kick in to keep the blood sugar in balance. This causes the blood sugar to plummet. This makes you hungry way before the body has had a chance to digest its meal.

There are more reasons. The body is very adept at confirming to our circumstances by creating habits. We eat a lot and the stomach is stretched. The body worries about this and grows the stomach. The bigger stomach instills the habit for more food to fill it. Habits are hard to break except because we are subject to the law of diminishing returns, we want to eat more and more and more.

That’s a universal rule. Let’s look at some specifics. The Andean nutritional system keeps a good fat, protein carbohydrate balance. The Andean shamanic health diet  does not mix sweet with salt. They avoid fermented foods and divide foods into three group: sweet, savory and neutral. You can mix sweet and neutral or salt and neutral but not sweet and savory.

Melon and pineapple are only eaten alone. The Shamanic way is to have light sweet meals morning and evening and full savory meal at noon.

Keeping life simple makes sense when it comes to Ecuador living and banking.   This excerpt of a full report on Ecuador banking, just sent to our Ecuador Living subscribers shows why. Here is the excerpt.

Ecuador’s currency is the US dollar so no currency exchange is required coming or going.  This makes banking easy to begin…but how can one operate money wise on a day to day basis.

There are several ways to bank in Ecuador without having an Ecuador bank account.

Let me add to begin.  I do not trust Ecuador banks. I  lost a fair amount of money in Ecuador banks when they crashed in 1999.  Once bitten twice shy.  plus it is hard for anyone without a resident visa (which Merri and I do not have nor desire) to open an Ecuador bank account.   There are better ways.

One way is  to use ATMs.  Merri and I never had an ATM card in the US but found that this is a good way to access cash here. We also have a safe in all our rooms in Meson de las Flores. Most  hotels  offer free safety deposit boxes so when we arrive, we just put all our cash, wallet with credit cards and passports in our safe box. Then we just have a bit of cash like $20 or so in our pockets.

Ecuador ATM’s

Merri and I live off of ATMs in Ecuador for our day to day cash needs..

ATM’s are in almost every village in Ecuador and are compatible with international credit cards.

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

Ecuador-multi-currency-plaza

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

Ecuador-multi-currency-atm-sign

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

Ecuador-multi-currency-atm-cathedral

Bes ure to see further on what they are doing behind the bank.  There are two Cathedrals in Cotacachi and one bank…a nice ratio.

However there are three Cotacachi ATMs. The other two are on the main street 10th of August. Here is one of them…the newest of the three.

cotacachi-road-work

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

Jyske ATM Banking in Ecuador

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

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

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

First let’s examine safety.  How safe?

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

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

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

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

Canada
Sweden
Luxembourg
Australia
Denmark

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

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

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

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

That’s safe!

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

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

Jyske Ecuador & Global Service.

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

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

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

Here is Cotacachi’s third ATM.

cotacachi-road-work

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

You can choose to have the card denominated in a number of currencies based on your choice.  An account is created at Jyske bank in the same currency. No matter the account currency,  the cards can be nominated in euro, US dollar,  British pound, Swiss franc, Swedish or Danish kroner.

If you have have dollars invested and are drawing dollars in Ecuador, you can eliminate forex costs by nominating your card in US dollars.

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

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

You can read the entire report on how to protect against Ecuador banks, Ecuador bank fees and access money in Ecuador …to pay bills, live and invest  etc. as an Ecuador Living subscriber.

Keeping your investing simple in these complex and difficult times can also be easy as the excerpt below form our multi currency course explains.  Here is the excerpt.

Inflation…to be or not to de… Deflate that is. That is the question…we must answer to invest correctly in the days ahead.

I lean further towards inflation over deflation each day.  We can see it coming…governments (led by the USA) spending so much money they do not have, that currencies lose purchasing power.

Here is another inflationary note from the New York Times in an article yesterday that said:

President-elect Barack Obama plans to include about $300 billion in tax cuts for workers and businesses in his economic recovery program, advisers said Sunday, as his team seeks to win over Congressional skeptics worried that he was too focused on government spending.

The legislation Mr. Obama is developing with Congressional Democrats will devote about 40 percent of the cost to tax cuts, including his centerpiece campaign promise to provide credits up to $500 for most workers, costing roughly $150 billion. The package will also include more than $100 billion in tax incentives for businesses to create jobs and invest in equipment or factories.

This may seem like really good news for business, but bad news for the US dollar and hence inflation.   Spending that is not matched by production is inflationary.

For most people, this is bad.

Yet inflation creates fortunes for those of us who know what to do.

There are three ways to profit and stay ahead of inflation. Multi currency investments in distorted shares….distorted commodities and distorted real estate.

TO KEEP MY GLOBAL INVESTING SIMPLE, I BREAK DOWN MY INVESTMENTS INTO THREE PORTIONS, personal…pension…and property.

Yesterday’s lesson looked at my current personal investments to see how I am reacting to this scenario.  We saw that our current asset  breakdown in our personal liquid portfolio is:
Cash Accounts 36%
Bonds 64%

This cash and bonds have a currency breakdown of

Canadian dollar       9%
Euro                         18%
British pound          3%
Hungarian florin   19%
Norway Kroner        9%
NZ dollar                   9%
Sweden kroner       26%
US dollar                   8%

We asked …why all cash and bonds if I believe in inflation?

You may even wonder more when you see  my pension portfolio breakdown.
The asset breakdown of my pension liquid investments are:

This portfolio is more aggressive than my personal liquid portfolio, with shares, emerging shares and emerging currencies.

You can see my pension portfolio breakdown and why I  keep the investments with the lowest potential profit in my personal account since profits and the high risk investments in my pension as a Multi Currency Portfolio Course

Until next message, may all your money be easy to access in a simple way!

Gary

Join us at a course in Cotacachi or on Ecuador’s coast this winter.

Cotacachi speeds ahead! Yesterday we saw how a new road was transformed in a day.

MERRI AND I WALKED BACK AT 6:40 AM THIS MORNING AND THEY HAD MADE ENORMOUS PROGRESS AND WERE ALREADY ON THE JOB.

cotacachi-road-work

They already have sidewalks complete and…

cotacachi-road-work

are laying the brick pavers. I expect they’ll have made a huge impact by tomorrow and will report then. he workers were tickled when I showed them their picture.

cotacachi-road-work

Jyske Gobal Asset Management will join us Feb. 13-15 for our course International Business & Investing Made EZ

Join us at a course in Cotacachi to learn more about multi currency investing or on Ecuador’s coast this winter.

Feb. 9-11  Beyond Logic Simple Ways to More Wealth and Better Health

Feb. 13-15 International Business & Investing Made EZ

Feb. 16-17 Imbabura Real Estate Tour

March 8-9 Imbabura Real Estate Tour

March 10-15 Ecuador Export Expedition

March 16-19 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

Better still join us all year in Ecuador! See our entire schedule of 27 courses, tours, mingos and expeditions we’ll conduct in 2009 and how to attend as many of them as you like FREE.

The course fee includes meeting at Quito airport (day before the
course)…transportation (by group bus) to Cotacachi and back to Quito.
Course fee does not include air are. accommodations, food or individual transportation.

Multi Currency Breakdown


See the multi currency breakdown of my portfolio below.

Yesterday’s message on multi currency bank safety mentioned that multi currency safety is as important as bank safety. Investors who do not have multi currency diversification can end up holding assets in a safe bank but with a worthless currency.

This is one reason why I have such a large percentage of my portfolio in real estate…carried at cost.  All of our real estate has been purchased at prices well below even the current market. We spend a lot of time researching and searching and fixing because I love working with buildings and land. This is the most important investing lesson of all…do what you love…with those you like.

Really…I would much rather play at making land like this worth more than fiddling with stock charts.

Multi-currency-love

I receive many emails like this:

In this current and, I believe, temporary ‘strengthening’ of the US dollar, I am looking for ways to preserve my assets. I have a lot of faith in the Australian $. The 2 obvious benefits in my mind are, no capital gains if/when the US$ weakens, plus I earn interest on the Australian dollar account. I am also looking to buy silver and I am looking at coins and bullion, any suggestions in this arena would also be appreciated. Thank you,

To invest in just one currency is speculation. Nothing wrong with that, if you know and accept the consequences of speculating incorrectly.

To me, real estate is so much more interesting…a puzzle to be worked filled with mystery that beckons like our hidden horse barn tucked away in the woods…just waiting for value to be added.

multi-currency-barn

Gold is nice also…in the leaves here during the leaf change or the yellow metal…a bit for insurance …but more is speculation as well. Property however almost always has utility…like our home.

Holding several currencies for multi currency diversification is better for most.

As it happens I have not felt good about Australia’s currency as you will see in my multi currency breakdown below.  In my opinion, too many investors are betting too much on t based as a commodity currency.

Here are three trends I have been aiming my multi currency diversification towards.

#1: A return to value. Value investing has long been our philosophy. No reason to change now but other investors have been chasing the easy, fast bucks in rapid appreciation. Look for a shift towards owning high yielding, solid boring shares and bonds.

#2: Real estate. The real problem investors face is not an economic meltdown. Inflation is the genuine risk because governments have proven that they will flood markets with liquidity to avoid the meltdown. Inflation means that cement will cost more. So too will steel and labor. This means a rise in labor. I salivate when this fundamental meets a global real estate correction and am buying so much real estate I scare myself.

#3: A shift to underlying currency value. Where does an investor go when the euro is no longer trusted and the dollar is fundamentally weak but suddenly flexing muscles it should not have? My guess (and here I am overweighted ) is investors will lean towards currencies of small, economically sane, solid, established, politically sound countries…such as Norway, Sweden and Denmark. If so, these currencies will rise versus the euro and dollar. If I am wrong, they are least likely to fall.

All of this brings us to the point of this lesson. If you travel and visit currency and forex trading rooms of large established, successful trading operations, you’ll note that there are very few, old traders. Young men and young women do this job because experienced investors know that currency trading, rather than diversification requires immense capital, continual diligence, almost unlimited discipline and the ability to absorb many small losses before making a big hit. Plus traders must have the emotional stability to not let the big lead them astray! This is an error that has allowed one trader to break many a bank and major firms’ backs…..Coutts…AIG are two examples.

Here is my currency breakdown:

US & Ecuador Real Estate 50.12%

Europe EUR 16.05%

Denmark DKK 9.03%

United States US$ 8.46%

Britain GBP 4.01%

Sweden SEK 3.16%

Hungary HUF 2.37%

Turkey TRY 2.1%

Brazil BRL 1.28%

Canada CAD 1.18%

Norway NOK 1.15%

New Zealand NZD 1.09%

Australia AUD 0%

I am now readjusting this breakdown and will review why in my Multi Currency Course.

Learn how to subscribe here.

Gary

Join Merri, me and Jyske Global Asset Management at one of our courses. We review economic conditions, Ecuador real estate, my entire portfolio and our multi currency breakdown plus investing and business ideas for the months ahead.

International Investing and Business Made EZ Ecuador
https://www.garyascott.com/catalog/international-business-made-ez-ecuador

Stay on for the real estate tour Cotacachi and surrounding areas. We’ll see real estate for sale on this lake.

Ecuador-lake-sites

Plus we’ll see homes at San Miguel and Prima Vera II.

cotacachi-ecuador-san-miguel

Primavera II $46,000 condos.

multi-currency-Ecuador-condos

Nov 10-11 Cotacachi-Imbabura Real Estate tour
https://www.garyascott.com/catalog/ecuador-real-estate

Then travel to the coast and enjoy this Pacific surf that in November is warm!

Ecuador real estate for sale .

Salt or fresh water

Ecuador real estate for sale

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

See discounts for two or more of these courses and tours

Multi Currency Question – Recession


Here is a good multi currency question about the global recession.

Recessions create opportunity for multi currency investors, but not always in the short term. Good value oriented multi currency investors may even suffer more during downturns. Recessions improve value in multi currency portfolios but the profits from this value comes only when markets recover.

Value investors are not market timing investors. This is good because most market timers usually lose in the long term.

Well diversified multi currency portfolios reduce volatility but do not eradicate it totally as is explained in the answer to this good multi currency question.

Here is the multi currency question:

“HI Gary, First let me send my love to you and Merri from Israel and thank you for your sharing of info. The question I have is: With the credit problems and banks going under and reduced credit globally shouldn’t this bring down global valuations on stocks? Wouldn’t it be a risky time time to be invested in most stock markets? I read that it is the credit that is propping up the share value. I also read that it is possible for 150 banks to go under, that seems like it would be a huge ripple effect. It seems that it is not isolated to just the states, last week I read about the Danish bank in serious problems. I remember you recommending property, commodities and shares to fight inflation. Do you think the shares rewards outweigh the risk in times like these? Thanks for any insight without panic.”

Here is a reply about multi currency investing that you may find worth study.

Thanks for your question.

First, we are not advocates of market timing. Remember rule number seven of the Seven Rules of Global Investing. “Value is reflected long term. Equity markets are efficient in the long run but are not effective short term due to human behavior”.

Having said this, we do realign the weighting of our investing activity based on our beliefs of where the 30 year market cycle stands. To learn more about the thirty year cycle.

Longer term subscribers know that we began warning about equity markets in August 2007 (the 17th to be exact) when we wrote: “Such historical measures are so inexact that we cannot predict just from them what will happen in the short term. 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.” See the entire warning here.

Our September 21, 2007, message said: “Equity markets dropped again violently last month. Now these markets have recovered again. Yet this may be a last gasp party. This drop of interest rates at a time when inflation is beginning to soar could lead to a rapidly falling US dollar. We can see from the chart here that the dollar has done almost nothing but drop for 40 years (that chart is below). Yet much more dollar dropping could be in store.”

The October 14, 2007 message stated: “Periods of high performance are followed by times of low returns. 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”.

Oct. 15, 2007 we wrote: “Okay, it’s time to turn the burner down.”

We offered a “leverage dwindling” warning on Oct. 26 where I explained to readers that I had eliminated even my modest leverage and wrote: “There is a final reason I liquidated my leverage now…to lead by example. Too many readers are thinking that the dollar short or dollar neutral Portfolios are only up 38% or 48% for the year. When one thinks that way they could be headed for trouble, so I hope investors will follow my lead and take greater care with their leverage.”

The November 8, 2007 Black Friday interim message warned about all the points above and more. At that time I let readers know that I had reduced the equity portion of my personal portfolio to 6%.

My published portfolio at that time was.

Real Estate 43.0%
Euro 10.5%
Emerging markets 10.0%
Danish kroner 9.9%
US$ 8.2%
British pound 6.0%
Swedish kroner 4.0%
NZ$ 3.7%
Aust. $ 1.0%
Canadian $ 1.0%

The liquid portion of my portfolio was

Cash 9.7%
Equities 6.0%
Bonds 31.7%
Emerging Equities 1.5%
Emerging Bonds 8.5%

There is a chance that equities will fall further. Yesterday’s Multi Currency Portfolio update focused on why value investments tend to drop more in downturns than the norm.

However, this is the best way to make long term multi currency profits…buy good value shares on the downside. One can never predict when the market will turn and when it does turn most market timers get in too late.

I lean towards real estate rather than shares because this is fun for me.

The way each person should position the multi currency portfolio should be based on what they love, enjoy and know best…real estate, commodities or shares. All three asset classes offer more potential than any one person can capture in a lifetime. Why not go with what brings the greatest joy in your life?

Regards,

Gary

P.S. Don’t miss our offer that expires the end of July 2008 for Fresh Ecuador Roses 50 FREE

Learn how to be a better multi currency investor.

Join us and stay at our farm for Susan Rotman’s business intuition course.

Dine with Merri’s excellent home cooking served outdoors in the cool mountain air.

outdoor-cooking

See dates for our Autumn courses and tours:

Visit the San Clemente condos and real estate from Manta north and south. Here are the condos going up.

ecuador-coastal-condos

Ecuador Coastal-Quito Real Estate Tour

Ecuador Super Thinking + Spanish Course

Enjoy learning at our Cotacachi hotel

open-air-learning

Ecuador Imbabura Real Estate Tour

International Investing and Business Made EZ North Carolina

Ecuador Ecuador Import Export Course

International Investing and Business Made EZ Ecuador

See discounts for attending more than one course.