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Retire in Ecuador


Retire in Ecuador

Are you thinking that you want to retire in Ecuador?

A huge and growing legal problem that affects the way we bank and invest is forcing Americans to change their financial plans.

We’ll look at this problem and some overseas income earning ideas that can help solve the difficulty in a moment.

One of the solutions to this dilemma is to live or retire abroad and since we focus so much on Ecuador may I review three steps that anyone should  take before they make a final decision to retire in Ecuador.  (Then we’ll get to the problem).

First, visit Ecuador. This seems obvious but we have many people who tell us they have decided to retire in Ecuador before they have visited.

Second, rent a place and stay awhile before you buy or make a final decision to retire in Ecuador. The fastest way to pay too much or make a less than perfect decision about where to retire in Ecuador is to rush a purchase.

Third, create a plan and make sure it will work for you.  Do you need to earn income? If so how.  Do you have enough assets or income  to qualify for a residence visa to retire in Ecuador.  Do you have children who need schools? Do you have healthcare issues to resolve that will affect the location where you retire in Ecuador?

Here is how other readers have told us how we have helped them retire in Ecuador. 

Here are some retire in Ecuador raves  from recent visitors who are checking Ecuador out and who, plan to retire in Ecuador.

We can help you look around to decide if you really do want to retire in Ecuador. Here is what one Ecuador Living subscriber shared.

Dear Merri and Gary, my wife and I are staying here in Ecuador at the El Meson De Las Flores both for the very first time.I thought I would relate our first impressions of this most unique place called Cotacachi.

We arrived here July 3 not knowing if we would seek permanant residency or return to the U.S. Initially the culture difference was a shock,but only after a few days we found ourselves growing fond of the Cotacachi area.

The native people in Cotacachi have made us feel welcome and comfortable.We speak only marginal spanish but store vendors and even the indiginous who sell thier vast array of wonderful organic fruits and vegetables at the Mercado also are all helpful and accomodating

Ecuadorian people seem far more relaxed than many people in the U.S.

And it is true.Ecuadorian children do play together safely after dark.

Most ladies wear the traditional clothing,are quite pretty and take pride in their appearance.

On Leather street there are countless stores with gorgeous belts,boots,handbags,jackets,sweaters,etc,all usually made by the vendors who sell them. These Ecuadorians seem to be very creative and industrious. Otavalo has a huge marketplace and has a surprising bustle to it. To us, Otavalo has its own character but lacks the village atmosphere of Cotacachi.

The views in Cotacachi are incredible. If you like greenery,high mountain volcanoes and patchwork hillsides Cotacachi is spectacular. We went to the Mercado Sunday morning and the veggies and many exotic fruits for sale were beyond belief. Giant heads of brocolli, lettuce, tomatos, herbs and some fruits we have never seen before.

Best of all, so inexpensive. Three large bags about 16 dollars.The restaurants here are inexpensive but they seem to serve mostly starches (rice, potatos etc) along with chicken, beef or pork.

You can order fresh veggies if you want in most eateries.

Also,the produce in Ecuador is fresh.Locally grown and harvested right to your stomach.Certainly not shipped hundreds or thousands of miles like US supermarket produce.For any person who wants to improve their health through diet Cotacachi could be the answer.There are poor people in Ecuador, but no body appears to be going hungry.

Downsides?  Well,the traffic can be noisy and the drivers seem to have the right of way.  There are no emission standards so exhaust fumes can be a problem. Debbie and I have decided to seek residency in Ecuador.

We do live on my pension and believe we can be happy and healthy living a more relaxed lifestyle here in Cotacachi.

Also, I compliment your staff at  Meson? Everyone here has been helpful to us being our first time in Ecuador and also after a particuraly bad experience with animal customs at the Quito airport. Thank you  to Eduardo, Rosita, Consuelo, Franklin, Mauricio, Alberto, Christian the computer guy and the other fine associates at Meson. To the wonderful kindred spirits we have met, Olivia, Maggie, Jaci, Mercedes Peggy and Lee.  Again,thank you all.

Talk to a US (or Canadian) and Ecuador attorney before you retire in Ecuador.

Here is what an Ecuador Living subscriber shared about this.

Hi Merri:  I’ve been meaning to send you a note to let you know my passport paperwork was in perfect order for our 12IX Visa and we got it in two days after the applicaction was sent to Washington.  I gave my permanent visa paperwork to the attorney you recommended when we arrived in Manta and it was in order as well.  There were a couple of documents they had to prepare for us to sign and it was off to Quito with the attorney the day after we met with him for the first time.  I can’t say enough good things about your referal (and his Immigation specialist).  It was because of their help that the legal part of our experience in Ecuador has gone so well.  Thank you again for the referral and for filling me in on what we needed to do prior to leaving the States.  Believe me, most people out there don’t give you the true or whole story about the visa requirements.  Because of your advice, we saved ourselves a lot of headaches.

Another wrote about one of the immigration attorneys we refer to our Ecuador Living readers who want a retire in Ecuador visa.

I contacted the Ecuador attorney as you suggested and he gave my file to hsi asscoiate who specializes in immigration.  They responded immediately and she has been wonderful.  I think I have ordered all the documents I need certified and apostiled.  It’s taking forever to get a couple of them but I’m hoping they will arrive soon.  Until you go through this, you don’t realize just how time-consuming it is.  Thank you so much for your advice in this regard. You and Gary have been so helpful in helping us realize the potential problems and we are very appreciative.

Get to know expats in the community who can share what they have learned as they retire in Ecuador.

One Ecuador living subscriber planning to retire in Ecuador wrote this:

We arrived in Manta on May 30th and after spending a few days at the Howard Johnson’s, rented a house for a month. It was owned by a wonderful Ecuadorian woman (native of Cuenca) who moved to the Casita in the back.  We became great friends and met a lot of people through her as well as through the local Gringo organization.

We came to Cuenca a week ago and are living in a rented, furnished apartment overlooking the city (across from the Ore Verde Hotel.)  We attended the Gringo gathering Friday night and who should appear shortly after we arrived we met another one of your Ecuador Living subscrobers who we had met on the January Tour.  Never did I dream we might run into her in Cuenca.  It was great seeing her.

We know we love Ecuador and, hopefully, after out three month rental is up here we hope to be able to decide where we want to settle.  At this point, we are really loving Cuenca! Thanks, Merri and regards to Gary.

Talk to MDs and learn about the healthcare options you may need before you retire in Ecuador.

Here is what one Ecuador Living subscriber who planned to retire in Ecuador shared about this.

Here is the website for my insurance company in Ecuador.  They have clinics across Ecuador plus a number to call and talk to an English Speaking sales person.

The monthly rate for a 69 yr old – and it is $80. Plus the initial medical exam.

They do not have doctors who speak Englaish but I suspect that within all the clinics there probably is at least one, if not several doctors who speak English.

They do have connections with optmologists and dentists in other clinics.

They do not cover treatment outside Ecuador except for emergency treatment in Colombia.

Emergencies are covered all over Ecuador – say you have the misfortune to suffer a life threatening event then you would, presumably, be taken to Loja and treated in a hospital there. You would pay the cost and the insurance would re-imburse you.

All non emergency treatment needs to take place in Quito or where there are insurance owned or affiliated clinics – at this moment just Guayaquil or Santo Domingo.

Now the problem.

The problem is that Americans have lost control of their wealth.

An insidious form of of loss has been taking place for decades and now we are in the end game.

The theft has taken place in the same way the Nazis robbed the Germans of control.

A German industrialist once explained how the Nazi’s took over when he explained that very few people were Nazis.  However many enjoyed how the Nazis brought back an external German pride.  Most were just too busy to care.  The majority let it all happen at an early stage.   Too late the realization came that the Nazis were in total control.   See how this has happened to your wealth here a Bank Privacy Gone

One way to overcome the problem is with overseas income ideas.

See one Ecuador Income idea at Retire in Ecuador with Income

Big problems creates big opportunity.  The huge problem of losing our bank privacy  is creating great profit for those who move, invest or retire abroad. Whether you work invest and retire in Ecuador or elsewhere,  be sure to create ways to protect your wealth in the inflationary era ahead.

Gary

Join us at our North Carolina farm this July or October for our International business & investing seminars below. Learn more about early retirement and Ecuador.

July 24-26 IBEZ North Carolina

Oct. 9-11 IBEZ North Carolina

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

July 24-26 IBEZ North Carolina

Oct. 9-11 IBEZ North Carolina

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

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

Oct. 21-24 Ecuador Import Export Tour

Nov. 6-8 IBEZ Ecuador
Nov. 9-10 Imbabura Real Estate Tour
Nov. 11-14 Ecuador Coastal Real Estate Tour

Ecuador Exports


Our upcoming Ecuador Import/Export Expedition will be hosted by former course delegate, Maggie Beesley, who now has an active Ecuador export business.  Below we share her thoughts about Ecuador exports with you.

Gary

ecuador-ticket

Ecuador has many colorful products to export.

Wonders of Travel by Maggie Beesley

Who likes to travel?  Who LOVES to travel? How about traveling to exotic places, where the weather is Spring-like all year?  The days are filled with wonderful fresh air, beautiful flowers and bright sunshine.

Ecuador-opportunity

Exports Ecuador flowers.

Who would love to travel to an exotic location and buy the most fabulous one-of-a kind jewelry, alpaca capes, silk scarves, leather boots … and SAVE MONEY?  This would become Your own Stimulus Program!

Who would like to buy the above mentioned items and make money?  In addition to saving money, now you can make money.  Isn’t that a double opportunity?

ecuador-wine-cheese

Ecuador has many really good and low cost food products.

Welcome to Maggie’s World!

Let me tell you a little about myself and my passions.  Gary Scott, whom you all know, teaches about finding your passion or passions in life and enjoying every minute of them.

I found my passion, with Gary’s help, in Ecuador. I love to shop. I love airplanes. I love food. And I love people. With these passions what on earth would I do, but get on an airplane to Ecuador, buy things at affordable prices which can be resold for nice profits, build up an appetite, (oh, the food is to die for) and share all of this with readers like you … in person. Gary Scott’s next Import/Export Class will begin on Saturday, July 4th and end on Wednesday July 7th, or whenever you want it to end. I unfortunately have to leave Wednesday night, but by this time you will know all of these craft trails like the back of your hand and can keep on shopping…and making money.
ecuador-ticket

Natural hand weave textiles is a huge Ecuador export.

We will begin our shopping, sightseeing tour Saturday in Quito, Ecuador.  Quito is the first Heritage City of the World, and certainly lives up to its name!  Colonial Quito and its cathedrals rank high in the world of beauty and interest.

We will visit a couple of my favorite stores which are very close to our hotel.  By the way, both of these stores do take credit cards.  In addition to Googling about Ecuador, I also want all you to look at your catalogs, such as Talbots, Coldwater Creek and Nordstrom to see what is really popular now.  A couple of very popular things right now are scarves, and summer wraps.  Those scarves you see for $40 and $50, you are going to see in Ecuador for a shocking price of between $2 and $10!  The summer wraps we wear because we are freezing from the A/C…you can buy all over the market for $10.  How about Sterling Silver rings for $12 to $18? (Oh, and I forgot to mention that the are one of a kind!)

Like Leather?  What about a pair of hand made leather boots for $40?  What about purses for $28?  Yes, leather purses for 28 bucks!  I don’t want to leave out the men.  How about leather jackets for $85?  I could go on and on but I think you get the idea. That could be day one, and we have 5 more to go.  Are you packed yet?

This class will teach you about…

* What to look for

* What to be aware of

*How to know your own market

*How to make money on your purchases

*How to get your items home

Please be prepared to buy another suitcase while you are in Ecuador. A $10 expandable duffle bag can be bought at the market and you can really load it up with your treasures.  The things you purchase are probably not going to be heavy so the duffle bag works perfectly.

To sum up some the experiences we’ll have, we’ll start with a typical morning at Meson de las Flores, your home in Cotacachi, Ecuador. Each morning begins with a beautiful sunrise and the wonderful church bells.  At breakfast we will compare how many times each of you think the bells rang.  If two people agree…it could be a first.  Speaking of breakfast, we’ll start the day with a wonderful and healthy multi course meal.  We might do some Yoga stretches, take a short walk or just sit in the beautiful courtyard and enjoy the sun. We need our vitamin D and about twenty minutes of sunshine every day is good for all of us. We’ll then begin class to discuss where we’ll be going that day, what we will see, what we can buy and how to sell it. You can keep and wear some of your purchases when you get home and all of your friends will want to know where you got them…and how they can buy them, too!!

ecuador-crafts

There are many types of Ecuador crafts to export.

How do you join us?

First go online  to Ecuador Export Tour.   Book the tour there.

After that go to your favorite airline, discounter, travel agent and book a round trip to Quito Ecuador.  For those of you booking online, the city code for Quito is UIO.

You need to arrive in Quito on Friday, July 2, 2009.  Yes, you must have a Passport, but you knew that.

Once you have given us your flight information, we will pick you up at the Quito Airport and transport you to the 5 Star Hotel (at a 2 star price!)  where we’ll all spent the night before leaving for Cotacachi the next morning at 9:30am.

We’ll start out with Olga Fisch Museum (a treasure trove of knowledge and wonder of the superior crafts and arts of the country) and go to a designer store with alpaca everything…things you have never dreamed of.

Then we’ll head out to the Northern Andes and the crafts trails and spend the next 4 days shopping for the best, in the best Indian markets in the world.  You can have the opportunity of buying, selling and knowing all the good you are doing for the magical indigenous of Ecuador.

I’ll be there and look forward to meeting each of you and introducing you to a world of sunshine, smiles and shopping.

Ecuador-Tickets

Ecuador exports include jewelry.

See more on Ecuador exports here.

See another exports tour here.

Join us for an Ecuador Import Export Tour

Other seminars in Ecuador or North Carolina.

Ecuador Super Thinking + Spanish Course

Imbabura Andean Real Estate Tour

Ecuador Coastal Real Estate Tour

International Investing and Business North Carolina Seminar

International Investing and Business Ecuador Seminar

Fresh Ecuador Roses


Fresh Ecuador roses are the best… for less.

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

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

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

Ecuador premium roses are truly stunning!

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

Here is our last bouquet.

Ecuador-christmas-roses

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

The price is $79 for 5o roses.

Here are two ways to obtain 50 fresh cut roses.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Plus your roses are guaranteed.

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

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

Gary-with-roses

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

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

1800flowers offered 36 Martha Stewart Roses for $259.00.

Flowerbud.com offered 50 premium roses for $135.

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

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

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

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

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

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

Fresher Quality Roses

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

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

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

Kitchen-roses

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

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

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

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

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

Dozens-of-roses

Here are fresh Ecuador roses at our hotel in Cotacachi.

dozens-roses

Environmentally Clean Roses

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

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

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

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

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

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

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

That means you receive environmentally friendly roses.

Dining-room-roses

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

Fair Trade Roses

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

The growers offer every single one of their workers:

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

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

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

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

seminar-roses

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

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

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

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

Dried-roses

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

Gary

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

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

breakfast-roses

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

Notice how large these fresh rose heads are when opened.

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

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

Ecuador Mother’s Day Roses


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

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

Here is our last bouquet.

Ecuador-christmas-roses

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Gary-with-roses

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

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

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

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

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

Dozens-of-roses

Premium Quality Roses

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

Fresher Quality Roses

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

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

dozens-roses

Environmentally Clean Roses

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

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

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

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

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

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

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

That means you receive environmentally friendly roses.

Dining-room-roses

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

Fair Trade Roses

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

The growers offer every single one of their workers:

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

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

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

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

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

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

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

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

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

Gary

Learn about Ecuador Mother’s Day Lilies here.

Ecuador Easter Lilies


Fresh Ecuador Easter lilies are now available to be delivered to your home in the USA.

Over the past years, hundreds of Gary Scott readers have had fresh Ecuador roses delivered direct from Ecuador to their home by Fedex. For this Easter holiday you can have the option of Ecuador lilies or fresh Ecuador roses.

Last year Merri surprised me on Father’s Day not with roses but 25 fresh Ecuador Lilies! I was thrilled at their beauty, aroma and endurance. Here are those Ecuador lilies in our home.

ecuador-easter-lilies

We asked our flower supplier if he could deliver Ecuador Easter lilies and he wrote:  The price for lilies is $65 per box.  Each box has 25 oriental lilies.  These are the bigger Easter lilies. We have pinks, pink bicolors and whites.

As with fresh Ecuador roses, we have added $19 to the price so 25 Ecuador Easter lilies is $84.

We will donate $20 to help Ecuador’s poor for each order. Just as we do with Ecuador roses…  we lose a couple dollars on each purchase.

You can see why we are happy to donate this at Ecuador rose thanks.

You can order Ecuador Easter Lilies here.

Fedex will deliver them directly to you in the USA from Ecuador.  We regret that due to customs difficulties. Fedex will not deliver them in Canada.

Open them. If you are not satisfied that these are truly remarkable lilies, give them back to the Fedex driver and let me know. I’ll give you a full refund.

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

I will forward your order to Roberto Ribadeneira, the rose plantation coordinator who will follow your order from the farm to your home.  He will first email you to make sure you get the color choice you like best and coordinate your delivery time.

If you do not respond to the plantation to indicate a color choice and time, the flower growers will send the best available color combination for the first possible delivery.

As mentioned this is not a deal that helps my pocketbook. I am paying $60 to deliver these roses to you. I donate $20 to the charity. I pay my credit card discount. At the $79 price I am down two or three dollars for each 50 roses. That’s okay…the cause is worthy and Merri and I will be much richer in the heart.

We cannot accept  Ecuador Easter lily orders after 12 noon Tuesday April 2,2009.  Delivery will be April 7, 2009.

You can order Ecuador Easter Lilies here.

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.

Ecuador Health Tips


Ecuador health tips can help you in business and vice versa. I’ll explain how in a moment. Then we’ll look at new Ecuador real estate like this.

cotacachi property

Merri and I are back in Cotacachi after one of those trips from you know where.

Here is something not to do. Do not have a non flyer check in bags for you!  This is something we picked up listening as we stood round the conveyor belt waiting for our bags to arrive in Quito.

We flew down on the Delta Atlanta Quito flight.  The crew was really switched on. The Captain was great… informative…came out and talked to us.  We were ready to depart slightly ahead of time…except.    A group of Medical missionaries were coming down on the same Delta flight.  They realized that there was an embargo on all early January flights to Ecuador...limit two bags per person.  They had some extra stuff to bring.

So they booked four extra people (who never intended to fly).  Those  people arrived with their two bags each…checked in…and left.

This was not a good idea.

We were ready to go ahead of time, when the system discovered those four were not on board.  Their bags had to be removed.   Of course these people had checked in early so…all the bags had to be removed from the plane to find the bags.  I suspect that there was some extra security precautions taken as well…due to the unusual nature of this.

Two hours later…we finally headed out…the runway now crowded… jets heading to Europe all  lined up ahead.

This cost another extra hour on the tarmac which put us into Quito much later than the norm…a time when the clouds come into Quito. We circled…and circled until finally we had to fly to Guayaquil for more fuel.

Then we flew back to Quito… more circling until our flight, scheduled to arrive at 9:30 pm, landed at 4:30 am the next morning.  I heard the medical missionaries talking about what they had done as we waited for our bags.

Merri, Mahananda and I had been traveling 17 hours and had two more hours to go, so I was too tired to say anything.   I believe it is a good thing that the other passengers did not hear this or those medical missionaries, who delayed the other hundred plus of us, may have needed medical treatment themselves.

Okay steam blown…I actually am getting to a point.

We arrived in Cotacachi at 6:30 am with little sleep and immediately went to work…and worked just fine all day, through till about 10 pm that night.  Though I did send my Ecuador Living subscribers a message without a link in my altered  state that I call sleep typing.

There is always so much to do when we first return. The staff are great but each person needs time with us.

Next morning we felt great and were out for our morning walk a little late..but still before most people were up.

All this took place on the same month that our first Social Security payments will arrive in our account…and we love each day of this.

In December we had a friend, an MD, do a complete set of tests.  She was pleased at the good state of our health.  Our only one problem was excessive cortisol levels in the morning…a sign of our workaholism….too much stress.

I did not really need the tests to know that I felt great and energetic…enthused and excited as each day begins.

Our doctor wanted to know what we do and there are a few things… that we have learned from healers around the world especially in Ecuador.

So I declare this Ecuador health tip week.  Each day we’ll share one really important health tip that Ecuador shamans have shared with us.

Here is Ecuador health tip #1: Don’t straddle the fence.

This most important fact has been stressed to us so many times that to me this is the most important factor for good health.  Be true to yourself!  Don’t act nice when you don’t feel that way.  Don’t eat alfalfa when you really want a Big Mac.  Let me put it another way…don’t be a phony.  Don’t live your life bound by phony rules.

Do what you love.

One Taita Yatchak explained this important tip in this way when he said.  “In the past life was simple. Every place had a black and a white zone.  If a person felt like being physical, they dressed in black and visited the black zones.  If they felt like being spiritual, they dressed in white and visited the white zones.  There was no concept that black or white were bad or good. Each was considered a valid manifestation of life.  The key was to be what you were and to associate with others of the same ilk.  Blacks did not visit with Whites and vice versa.”

Today most of us are pulled in so many directions by so many forces.  Money worries struggle with other concerns. Patriotism conflicts with religion.  We are often herded into jobs or businesses we really do not like, but we keep them and put on a brave face for the cash…medical insurance or mortgage…or kids tuition…or… I could go on and on.

These inner conflicts kill energy, stamina strength and eventually rob us of good health.

This is why we write so often…do what you love….then figure out how to make a living in the process.  It is better to be a little poor and happy…then rich and sick.  Of course the irony of life is that if you do what you love you probably won’t be poor!

Remembering this most import health tip is one reason we decided to get started for the new year with our new internet course.  We made a special offer last week to provide you with our three courses on how to do business…at a $500 discount.

The two existing courses are:

International Business Made EZ which normally sells for $199.

Self Fulfilled – How to be a Self Publisher which sells at $249.

Tens of thousands have used these courses.

I am creating a new course entitled “Tangled Webs We Weave – How to Have Your Own Internet Business” that will be offered at $299 and offered the three courses…total value $748 for $247…a  $500 savings…right now…today.

This special offer provides this brand new, as yet unwritten course, at $52 off the courses $299 price…plus…the two courses above.

That is a $500 savings.  See the details here.

This offer is limited for just this ONE time. This is January FIVE.  In SEVEN DAYS…January ELEVEN… this offer ends.

To give you a better feel of this new course…you can see the introduction here.

At the top of the Ecuador health tips is do something you love every day!    Nothing is as important to your health.

Tomorrow’s Ecuador health tip will deal with nutrition.

Until then, good health to you.

Gary

One thing Merri and I love to do every day is walk around Cotacachi. There is so much going on and up here…such a nice change from the draw back we see in the USA.

Our walks are useful as well as enjoyable.  We spot the best properties the minute they go up for sale…and jump on them for our readers and real estate tours. For example this was a field where we used to take Ma for a walk.  Something is going on and this urbanization is right next to the nice homes (shown at the top of this message) that are being built in this area.

cotacachi-property

We are checking this out now. This is one of the best areas for growth in the village right behind the main shopping street shown below.

Join us for our upcoming international investing and business course or our import export course. Here is what one of our previous delegates wrote:

Hello Gary.

It is with great warmth that I wish you and Merri a Happy New Year!  It sounds as though your holidays were filled with family and fun.  Thank you for sharing your experiences.

I want to take this opportunity to tell you how thankful I am to you and Merri for all that you do.  The first course I took (import/export) was so exciting and ignited an excitement in me that I had not felt in ages.  I have been back several times since last February and have been doing some shows and just selling things to friends and friends of friends.  I am getting more serious in my business now and am planning to work on several specific home décor items in the next couple of months.  Hopefully we will get the chance to visit at El Meson if you are there when I visit.

I went to Ecuador, originally, on a whim and have just fallen in love with the country and its beautiful people.  I thank you and Merri for your charitable work and for the love, support, and encouragement that you show your subscribers and course attendees.

I will soon be planning another trip and would like to focus specifically on home décor, such as bowls, candlesticks, pillows, linens, etc.

Again, MANY THANKS for opening my eyes to so many new opportunities and ways to help others while benefitting through business ideas.

I wish you and Merri all the best in 2009.

Best Regards,

We invite you to join us in Cotacachi where the real estate and import export opportunities are great (but entirely different) as well.

Here is Cotacachi’s main shopping street.

quito-shopping

Otavalo, the largest indigenous market in the Americas is just minutes away as well.

Join us in Cotacachi.

Jan. 16-21 Ecuador Spanish Course

Jan. 22-23 Imbabura Real Estate Tour

Jan. 24-27 Coastal Real Estate Tour

Enjoy our chef ad we help at times) for great fresh Ecuador seafood!

Cotacachi-fish

Feb. 9-11 Beyond Logic

Feb. 13-15 International Business & Investing Made EZ

Feb. 16-17 Imbabura Real Estate Tour

Or join us on the coast.

Ecuador beach

See Ecuador’s incredible scenery.

Cotacachi-fish

March 8-9 Imbabura Real Estate Tour

March 10-15 Ecuador Export Expedition

March 16-19 Coastal Real Estate Tour

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

Here is our Ecuador tour schedule for the balance of 2009.

Date                    Course                      Couples Fee

May 21-26  Ecuador Spanish Course         ($999)
May 27-28  Imbabura Real Estate Tour      ($749)

June 12-15  Shamanic Mingo Tour             ($999)
June 16-17  Imbabura Real Estate Tour      ($749)
June 18-21  Coastal Real Estate Tour         ($749)

July 2-7       Ecuador Import Export Expedition ($1,499)
July 8-9       Imbabura Real Estate Tour     ($749)
July 10-13   Coastal Real Estate Tour        ($749)

Sept. 17-22  Ecuador Spanish Course        ($999)
Sept. 23-24  Imbabura Real Estate Tour     ($749)
Sept. 25-28  Coastal Real Estate Tour        ($749)

Oct. 21-26   Ecuador Import Export Expedition ($1,499)

Nov. 6-8       International Investing and Business Made EZ Ecuador ($999)
Nov. 9-10     Imbabura Real Estate Tour          ($749)
Nov. 11-14   Coastal Real Estate Tour            ($749)

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.

Ecuador and the Dollar


Since 2000, the US dollar has been Ecuador’s currency. Could it be that now Ecuador and the dollar might part ways?

Many readers have written and voiced concern that Ecuador might stop using the US dollars as its currency and return to a new sucre.

This may or may not happen. I previously did not think it would, until recently President Correa vowed that Ecuador would continue to use  the US dollar.

Lesson one of our Multi Currency Investing course points out that a general rule of currency investing is to expect a currency to devalue (or in this case change) soon after the responsible government swears that it will not.   See more about our Multi Currency Investing Course

Perhaps.

The current strength of the greenback alters the fundamentals.  If the dollar remains strong it is more likely that Ecuador will go off the dollar in  2009.

A continued low oil price could also have an impact on a decoupling decision for two reasons.  First, Ecuador’s President Correa will be under extreme pressure to deliver local promises he has made to the public.  Without high oil prices he has no money to deliver the goods.  His public excuse could be to blame America and the US dollar.  A return to the sucre would allow Correa to print money he needs for local promises right now.  This would only give him a short term boost but if he is desperate this might happen to make him look better.

Secondly, low oil  prices will diminish Ecuador’s foreign exchange reserves and the nation’s ability to pay foreign obligations and debt.  Correa has proven he is willing to jilt long term obligations.  A bond default slams the door in the face of someone who gave you something in the past.  However it is a bit easier to beat up on creditors of the past than those you need to deliver goods now or in the future.  If you do not pay them, they stop sending the goods!

Correa will not want the country running short of the supplies it needs to run on a day to day basis.

Let’s watch for Ecuador’s  reserves versus its short term obligations as an indicator of when Correa might pull the dollar plug.

If Ecuador and the US dollar do part, we must ask, so what? For many, this switch back to the sucre would be good.

When Ecuador originally Dollarized those who suffered most were the urban poor and citified middle class.  When the sucre was Ecuador’s currency and it devalued… wages were always raised at the same time. This meant that basics like food, clothing and subsistence shelter did not really cost more. Inflation at the base level was not real.  Certainly Western imported goods cost more…like TVs, cars and computers.  This mattered little to the urban poor because they never had a chance for this stuff anyway.  The middle class emigrated in droves to Spain and Italy.

Dollarization made inflation real!  Politicians could print more sucres to raise wages with inflation…but they could not print more dollars.  The poor in the city reeled.

The poor in the country who worked in agriculture did well though.  The price of crops rose.

Then the US dollar began to collapse versus other currencies.

The falling dollar helped create business opportunity.  One friend who owns a flower exporting business told me that the flower business in Ecuador was good due to the dollar fall versus other Latin America currencies, especially the Colombian peso. Colombia is one of Ecuador’s largest competitors in roses and bananas, two of Ecuador’s largest exports.

The cost of Ecuadorian products became lower even in the U.S. when compared to products from countries (such a Colombia) where the currency had strengthened against the dollar.

As the dollar falls versus other Latin America currencies, Ecuadorian products become less and less expensive in global terms.

Now of course the dollar has gained strength and this hurts Ecuador’s export potential.  The strong dollar is the rock…the low oil prices…a hard spot.  Correa and Ecuador’s economy are caught between them.

Also a new sucre, though less convenient,  would probably be good for expats.

A full report sent to our Ecuador Living subscribers explains what this would mean to expats and the Ecuador real estate market. You can subscribe here

Gary

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

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

Join us and then stay on for a real estate tour Here is our latest group inspecting the hotel,which is one block from the Ecuador’s Pacific.

ecuador-real-estate-risk

We’ll view this hotel. It has a huge front porch.

ecuador-real-estate-risk

Large second floor veranda with ocean views.

ecuador-real-estate-risk

Beautiful flowered front yard.

ecuador-real-estate-risk

The building is really rough and needs work…but over 8,000 square feet of building. The asking price is $60,000.

We have sent our Ecuador Living paid subscribers more details on this building on this Ecuador hotel for sale. Subscribe to get this report. See how to subscribe to Ecuador Living here.

Join us for our next Spanish course ad real estate tours.

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

Jan. 16-21 Ecuador Spanish Course
Jan. 22-23 Imbabura Real Estate Tour
Jan. 24-27 Coastal Real Estate Tour

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.

Ecuador Charity


See a link about Ecuador charity, giving and an Ecuador Living excerpt below.

Our Ecuador charity does not just give.   Just giving builds dependence which is not our goal. Our aim is to help the great people of Ecuador help themselves.

This is why our Ecuador charity, Land of the Sun Foundation  has had its greatest focus in the past few years on helping the hotel Meson de las Flores learn how to stand on its own.  We have helped the Meson staff take Meson from a crumbling empty shell and transform it into renewed facility and profitable operation.  All profits go back to improving the hotel or to the Ecuador Land of the Sun charity that aims to help expand business in Ecuador.  Merri and I do not make a penny from the hotel….our pay check  goes to the heart instead of  the pocketbook

For Meson’s success, we thank all of you who have visited us here.

The staff at Meson de las Flores asked me to send all of you their best wishes for UN MUY FELIZ ANO.  Here is Meson’s staff.

Meson-Cotacachi-Hotel

From left to right Meson’s staff.  Ecuardo – maître d,  Alberto – sous-chef, Consuelo – hostess, Ray – global liasion, Rosita Elena – maid, Mauricio, – night assistant and tour guide, Santiago – chef,  Franklin – manager.  Not present Rosita De la Torres – maid.

The staff of Meson de las Flores are to be congratulated. They are remarkable people who have been willing to work hard for and to deserve their success.  Here is the type of comment I continually receive about service at Meson de las Flores.

Dear Gary and Merri,  From Mesón de las Flores I am sending you my very best wishes for this coming year!!!  I am at your hotel since Monday afternoon together with two good friends and we have really enjoyed the place, the warmth of your staff and the natural food.  I have particularly enjoyed the chance to relax, to do some sightseeing in Cotacachi and Otavalo.  2008 was a very busy year for me, but also a very blessed time for which I am very grateful to God.  I thank Him for the opportunity of having met during this year people like you who has a passion  for what they do and their work benefit many  people´s live. Have a wonderful 2009!!

The warmth of the staff at Meson is a continual refrain I read like this:

Hi Gary and Merri!  I  miss Ecuador so much!  It is amazing to me that, after only 90 days there I feel such a strong connection and love for Cotacachi and all the local people and the others I met there.  I am counting the days until my return.  You promised me that I would be pampered — and El Mason and the people
there really took care of me.  I think it is good to leave Ecuador and experience “home” — it really confirms that Ecuador is a beautiful place and the people there are so warm and welcoming.  Best thing I ever did!  Can’t wait to return!  Blessings to you both,

Having Ray as our global liasion at the hotel has been a hug addition that really helps guests.  We receive continual raves about Ray:

I LOVED the market in Otavalo and came home with another extra-large Ecuadorian bag loaded with rugs and wall-hangings. A very tempting place that I visited 4-times just to give you an indication of how much FUN I had there.
We’ll have to see how our retail season goes and if I can break away for a couple of weeks, I’ll travel back to Ecuador for two weeks in April.  Ray is a splendid character and makes one feel that “our casa is your casa” during your stay. He has that manner that invites and excites and I feel he is a huge plus to your organization. Everyone really likes Ray and I miss him already and his lighthearted banter and genuine care.

Next trip I’ll bring lots of ones and fives. Even twenties were a drag. Imagine! At home a $100.00 bill goes direct to pay one bill alone or one “small” grocery shopping without blinking an eye.

This guest is not alone in praising Ray. Meson has also become a  central meetng place for the gringo community in Cotacachi. Ray organized a Christmas party and this Cotacachi resident who emigrated from Michigan wrote:

Hi, Gary and Merri.  Just a quick note to say thank you for the great Christmas Party for Gringos at El Meson!  It was a lot of fun and we were amazed at how few of the people we actually had met.  Of course we solved that by making sure we met everyone there and invited them to visit us when out our way.  We wish you a very blessed Christmas and a fabulous 2009!  Looking forward to seeing you soon, Love.

Ray seems to help guests in so many ways:

Hi Merri  Returned from Cotacachi last Thurs after a great trip.  The woman that traveled with me wants to return this summer – she could not believe how nice the area is and the friendliness of the people.  I saw my apartment and am very happy with the bed and bedding that you added.  Thank you.  Ray Manna is a super nice person and very friendly and accomodating with the guests – a real plus.  Brought over 200lbs of clothing, school supplies, medical supplies and gifts for the children and nursing home.  Everything was donated – a very warm experience and shared joy.  I wish you and Gary a Merry Christmas – hope to see you in Ecuador in the Spring.  Hugs and love

From shopping to checking out and arranging tours. Another guest wrote:

Hi Merri, We are back from Ecuador and in a serious cold spell in Alberta. It is minus 30 C this morning but is beautifully sunny. We have a little snow so at least it feels like Christmas.  I just wanted to say thanks for your guidance in planning our trip. I also wanted to let you know what a terrific job Ray did despite the fact that he was a sick as a dog. His upbeat positive attitude and willingness to help was second to none. He is a real asset to your organization.  We enjoyed our stay at El Meson and found Cotacachi and the surrounding area to be both beautiful and peaceful.  We are already planning our next trip to Ecuador and are dreaming about its warmer days. Best wishes for the holiday season.

Ray and the staff make everyone feel like part of our family…and you are…when you stay with us at Mesons, as this guest noted.

I just wanted to drop you a note and let you know how much myself and all of our “extended family” enjoyed the course that you, Gary, and all of your competent staff put on earlier this month.  I am really just getting my feet back on the ground and I think that we are finally there.  Gary was awesome as we expected and gave me as really a beginning investor many insights and new ideas to think about.  I am speaking for myself and several others.  You showed me that you are an expert planner and really went  out of your way to accommodate  us especially when we had people coming in at different times.   Last and not least was Ray who also handled so much on the fly and did it well.    Ray really helped with the leaving process.  We really enjoyed your hotel and the hospitality.  It was  memorable. Thanks so much and we hope to keep in touch and continue with Gary’s newsletters! Merry Christmas and Happy Holidays.

Ray helps in Cotacachi and elsewhere as this guest noted:

Merri, We have arrived at Palmazul and it is very nice.  I would like to tell you that Tina and I had a wonderful time at Cotacachi.  The staff and service at El Meson could not have been better.  I must tell you that Ray was an excellent host and was attentive to every detail of our stay.  All of the other guests love Ray. I will report back to you after our trip in Palmazul. Best wishes.

Guest also report feeling healthier and often lose weight..even though they eat more as this guest reported:

Hi Merri:  Back home after that long flight and am already ready to return to Cotacachi.  Gary’s e mail this morning about the essential oils and other things to reduce stress.  He left out the most important thing…..Going to Cotacachi, El Meson, meeting new friends, seeing old friends, and seeing all the wonderful smiles of your staff, and  the people of Ecuador.

When I go to Ecuador, after the first day, I take no medicine, eat healthy food, get lots of exercise, and just feel wonderful.  Since I have been home..ort on my travels home, I have had a who knows what hamburger, bag of fritos, diet cokes, processed cheese and other just total crap, and I bet I have gained back those four pounds I lost in Cotacachi…in just two days.

Guest really feel healthier and enjoy our philosophy of health at the hotel.

Dear Merri and Gary, How wonderful an experience we had with you…and how much respect we have for you both.   Thank you for the extraordinary services you are offering in these times to so many.   It is rare that we feel as aligned with people as we do with you on so many fronts at once – investments, political opinions, commitment to the indigenous, ‘being healthy,’ commitment to organics/biodynamics and a religion of being kind.   Wow.  With Appreciation.

A stay at Meson seems to be food for the body and the soul as this reader reports:

My Dearest Merri and Gary,  I cannot thank you both enough for your wonderful hospitality.  I just want you to know that everything I read about Ecuador from your news letters and emails was exactly the way you described it and better…………..

The day we were all returning to Quito to go our different ways at the end of the tour, I was overwhelmed with tears because you both had been so wonderful and I didn’t want it to end.  I was already missing you and the wonderful experience I had had during your Ecuador Tour Adventure……..You both are very special and I am honored to be a part of your Group.

I also want you to know that………

I fell in Love while I was there……………..I  fell  in  Love.

I fell in love with the Country, the People, the Mountains, the Sky’s, the Thousands of stars at night, the Flowers,the Rivers, the Ocean, the Villages, the Towns, The Taxi drivers who were so helpful and wanted to speak English and practiced on me……….The Ecuadorian people who seemed to have this overall feeling of Happiness and well being that was contagious where ever we went.  From the Bus driver who stood at the door of our bus and helped each and every member of our group, everyday, get in and out of the bus. He was always smiling and happy to help.  To the Indian women, who were washing the Family’s clothes on flat stones in the River.  They looked up from their work, as our bus passed by, waving to some of us staring in disbelief………….I waved back, with tears in my eyes. They smiled at me as if to say… all is well and you are welcome……

Everywhere we went I felt as though I was surrounded by smiling faces.  Just walking out of the Hotel in Cotacache, the Native Indians of the area were dressed in their Native costume, except it wasn’t a costume, it was their way of life……….Immaculate, clean clothes, beautifully embroidered blouses with wonderful long wool skirts, colorful sashes around their waists, carrying small children wrapped in beautiful fabric on their backs.  I was in awe………. I was feeling as though I was in a time machine that was set for the mid 1850’s.  I had indeed traveled back in time and landed in Ecuador…………….The air was clean, the water was fresh, the food was healthy and delicious…………..I kept thinking, Where am I?  Is it possible?  Am I dreaming?  Is it real?

After being there for a couple of days, and easing into the relaxed, tranquil, lifestyle.  I began to notice the little nuisances of the Indigenous people I was surrounded by.

Every morning, wherever I went, I was always greeted with Buenos Dias ( good morning).  It was so peasant and  so comfortable so nice.  I  forgot about where I had come from, and my only concern was finding out everything I could about this beautiful Gentle Country of Beautiful gentle people.

Everyday was a unique Visual Experience for me.
I remember waking up to the Church bell ringing at 6am and looking out the window and seeing the mothers walking their children to the school.  All cleaned up with fresh clothes, their native costumes, and smiles.  Walking along the  hand made stone sidewalks, skirts swaying as they walked, lightly brushing the sidewalk as they made their way to the school.  Just watching them gave me a feeling of well being, and a knowing sense that all is well.   No plastic, no tensil, no cartoon characters acting like humans.  It was real,
real people, real feelings, real emotions experiencing their version of life on Planet Earth…

There were many times I was overwhelmed with emotions of humility and feelings of being honored and grateful to have had the opportunity to experience this unique Gift in those present moments.   A Gift that you, Gary and Marri, have made available to a select few. You and Ecuador have changed my life and my thinking.  Thank you, I am so grateful.

See more about Ecuador charity in an excerpt from Ecuador Living

We invite you to join us in Ecuador this year.

Gary

Our January courses are almost full but we have plenty space in February and beyond.

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

Jan. 16-21 Ecuador Spanish Course

Jan. 22-23 Imbabura Real Estate Tour

See condos like this in Cotacachi for $46,500.

Ecuador-real-estate-advertising

Jan. 24-27 Coastal Real Estate Tour

See Manta condos like this one. Delegates are inspecting the 1,000+ square foot patio.

Manta-Condo

The patio has this view.

Feb. 9-11 Beyond Logic-Shamanic Mingo

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

Here is our Ecuador tour schedule for the balance of 2009.

Date                    Course                      Couples Fee

May 21-26  Ecuador Spanish Course         ($999)
May 27-28  Imbabura Real Estate Tour      ($749)

June 12-15  Shamanic Mingo Tour             ($999)
June 16-17  Imbabura Real Estate Tour      ($749)
June 18-21  Coastal Real Estate Tour         ($749)

July 2-7       Ecuador Import Export Expedition ($1,499)
July 8-9       Imbabura Real Estate Tour     ($749)
July 10-13   Coastal Real Estate Tour        ($749)

Sept. 17-22  Ecuador Spanish Course        ($999)
Sept. 23-24  Imbabura Real Estate Tour     ($749)
Sept. 25-28  Coastal Real Estate Tour        ($749)

Oct. 21-26   Ecuador Import Export Expedition ($1,499)

Nov. 6-8       International Investing and Business Made EZ Ecuador ($999)
Nov. 9-10     Imbabura Real Estate Tour          ($749)
Nov. 11-14   Coastal Real Estate Tour            ($749)

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 them 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 Investing Primer Chpt. 1


Multi  currency investing  and diversification are vital now as a recent message about the potential 2011 economic crisis points out.

Global economic problems have led to many rumors about Ecuador’s financial health.

Regretfully these econmic woes go way beyond Ecuador.  The financial crisis and fundamental financial problems are global.

The 2008 multi currency downturn changed everything.

A 2011 crisis will make events even worse which is why I am updating a course on multi currency investing for my multi currency portfolio subscribers.

Here is an excerpt from lesson one that was sent to multi curre3cny subscribers  today.

* WHAT TO DO NOW: Be a multi currency Investor. This course updates through the year 2012 why all of us are multi currency spenders and should be multi currency investors now. See below.

* MULTI CURRENCY INVESTING SAFETY: Learn who can really protect your wealth. This primer explains important lesson about politics and currencies.

* EZ PROFIT: Increase Earnings Through Leverage.  Diversify in the right currencies first for safety. When you do, your money can gain extra growth.  At times it makes sense to leverage your potential when you borrow low and deposit high.  See why here.

Imagine the room-walnut paneled with carpeting that is deep blue, rich and plush. The table of polished oak is heavy and important, as are the men that sit around it. Tension hangs, thick. A soft hum, steady and calm, perhaps from a heating fan, goes unnoticed in the deathly silence. These men are powerful, but now they are afraid. The fear shows. They fidget, squirm, their faces tight with the tension. Many of them go pale when the man at the head of the table finally speaks. “Gentlemen, the nation is closer to a monetary collapse than we would like to believe.”

This scene sounds like one we would see in a tense melodrama at the movies. Even worse we could imagine that this was real.

Regretfully the statement came from a melodrama that was (and remains) all too real. This scene is not based on fiction but actually took place in the United States of America at the headquarters of one of the most powerful financial institutions in the world, The Federal Reserve Bank. The man speaking was the chairman of the Federal Reserve, Alan Greenspan. The statement that the United States is closer to a monetary collapse than we would like to believe, is his and regretfully was then and is still now very, very real.

To make matters most unfortunate, this meeting did not just happen. The statement was made by Mr. Greenspan just after Black Friday, October 1987 when the U.S. stock market crashed.

At that time, Federal Reserve policy makers met and grimly speculated that a run on the dollar might trigger renewed chaos or that consumer confidence might cause a recession. Despite their reassuring public pronouncements, they confessed privately to an inability to foresee the economy’s future with any certainty. Greenspan underscored the seriousness of the situation saying at one point, “The nation is closer to a monetary collapse than we would like to believe.” So great was his concern that the meeting was kept secret, and this information was only revealed more than a decade later.

What is worse, that secret meeting was instrumental in starting a wave of global government interference in financial markets that has continued to this day. This interference dammed the normal waves of world currency and stock market.  This interference created, like a huge dam, a lake of apparent economic calm that masked the turmoil of true currents beneath the placid surface.

The interference has continued and grown into an international  affair, holding back corrections, again and again, until finally in 2008 the dam of global government interference burst.

That secret meeting and the economic rupture 20 years later can be good news for you!  This course explains why the rapids of global economic and currency correction that we are navigating now can help you enhance your wealth.

If you use the 1987 meeting and the 2008 global economic correction as warnings about the enormous currency dangers that exist right now, then that 1987 meeting will have been of great benefit to you. That warning and the lessons in this course can bring you increased safety and immense financial rewards.

My name is Gary Scott. I have been  investing and doing business and  writing about it  for nearly 41 years (I began May 1968).

Since 1971, I have known about and taken advantage of the currency risks created by the public servants who handle government finances.  As was the case with that meeting in 1987, the public is often intentionally misled and kept in the dark for fear that truth will create a negative political consequence.  This course tries to shed as much light on that darkness as it can.

Reading about that secret 1987 meeting had a profound impact on me. We, as investors all over the world, were misled about dangers that could dramatically affect our wealth! This gave me  two realizations that led to two important and urgent facts of investing.

The first realization was that my belief that the U.S. dollar and U.S. monetary system were at extreme risk and had been for nearly a decade was absolutely correct. The global currency system was being held together with little more than a confidence trick. It was clear to see that this system would eventually crash.

The second fact I learned was that we, as investors, will not be forewarned by the government or the large financial institutions. We are on our own.  We must look beyond what our political and major financial institutions tell us. The political system, big banks and brokers have too much at stake. They all fear that the truth about the world’s currency system will create a self-prophesy of doom….as it did in 2008…bringing down some of the largest financial institutions in the world.

The two realizations  led me to create this course nearly 15 years ago. The 2008 crash has led to this update.

Our currency problem is global. The dollar, though under incredible pressure, remains the reserve currency of the world. What will happen when the dollar collapses further?  What will happen to other currencies when the reserves (in dollars) of thousands of non U.S. governments/banks collapse?

This led me to see the urgent importance that exists for global currency diversification and this course will look at ways to diversify now.

Knowledge You Can Use

This course will give you an indepth understanding of currencies, but also will give you many contacts that can further your knowledge. Contacts that you can easily use!

The course format gives information to you in four different ways:

#1: Educational Text
#2: Case Studies
#3: Glossaries
#4: Contacts.

The Contact Section gives you a way to expand the knowledge you gain from the course and allows you to customize what you learn to meet your own particular needs.

In the Contact Section we introduce ways to actually invest in overseas currencies.

The investments and contacts provided in the contacts sections are not recommendations. These are shown for your review and investigation with your financial adviser.   Our goal in including them is to give you a variety of contacts so you can continue learning directly from contacts that may help you put your knowledge to use.

If you plan to do business with any of these contacts you should exercise normal care and caution.    Take the same precautions you would before choosing to do business with any firm. Check and make sure that any firm you do business with is reliable and can provide the services you need with fees that you find acceptable.

2008 taught us that there are no firms we can trust without careful investigation.

Where to Diversify and How Much

One of the main questions to answer when developing a multi currency portfolio for your needs is what percentage of the portfolio should be in cash, in bonds, in equities, in real estate and in commodities.

We’ll use Jyske Bank as our guide through this course so let’ see how they do it.

The three Jyske main portfolio breakdowns are:

Low Risk Multi Currency Portfolio: This s diverisifed Fixed Income 70%,  Equities 20%,  Alternatives 5%,  Cash 5%.

Medium Risk Multi Currency Portfolio: Fixed Income, 40%,  Equities 50%,  Alternatives 5%, Cash 5%.

High Risk Multi Currency Portfolio: Fixed Income  10%, Equities 80%,  Alternatives 5%,  Cash 5%.

So part of the difference between low and high risk is how much cash…stocks and bonds are held in a portfolio.  This is only one aspect of safety, but is an imporant one so here we begin by earnng more about how to hold multi currencies in cash.

In this first contacts section, we look at multi currency ETFs as a way to diversify in cash oriented multi currency investments. Multi currency ETFs  are among the easiest and safest ways to diversify in currencies abroad.

Multi currency ETFs  let investors choose which currencies to hold. They allow complete flexibility getting in and out. These shares also offer a high degree of safety.

In previous years the easiest way to hold cash was to simply open multi currency savings accounts in overseas banks or to invest in multi currency certificates of deposit.

Over the years, global banking regulations have become more complex and more expensive for banks to comply with.  This has forced banks to restrict accounts, raise fees and minimum accounts sizes…making this option difficult or impractical except for larger investors.

Currency ETFs have filled this void.

ETFs are exchange-traded funds. These mutual fund type stocks trade on stock exchanges like a normal stock.

An ETF holds assets such as stocks, bonds or currency deposits. ETFs Are meant to track, rather than beat, their Bellwether  so they trade at about the net asset value of the underlying assets held.

Some ETFs for example track a stock or bond index, such as the Dow Jones Industrial Average.  A Dow Industrial ETF will not try to do better than the Dow. The ETFs role is to equal the movement of the Dow.   A Dow ETF would hold essentially the same shares in the same weighting as the Dow Industrial Index.

The manager of a managed Dow fund would try to do better than the Dow. An ETF anager is simply trying to get the fund’s performance to emulate the Dow.

ETFs are attractive and easy to use as investments because they have low costs, tax efficiency, and stock-like features.

ETFs costs are the brokerage fee to buy and sell them and a management fee.

Each buy and sell is subject to a brokerage commission depending on the broker.

Large investments pay a lower percentage then small.  Investors should compare brokerage firms to see which has the best fee arrangement for the type of investing planned.

Most ETFs also have a low expense ratio. Most charge between 0.1% to 1%.
ETFs are considered no-load investments.

ETFs are also tax efficient.   Investors sell ETFs on the stock market, as they would a stock, so usually realize capital gains when they sell.

Currency exchange-traded funds (ETFs) are quite new and make it simpler to invest in multi currency cash.

Currency ETFs allow even small investors to diversify in multi currencies.

This is a great benefit.  The ETF stock-like feature means that investors can carry out the same types of trade on cash investments as they can with stock investments.   ETFs can be sold short, with limit or stop-loss orders,  bought on margin and invested with as much or as little money as desired.  There is no minimum investment.

Currency ETFs  allow investors to invest in euro, the British pound, the Canadian dollar, the Japanese yen, the Swiss franc, the Australian dollar and more as shown below.

You can receive the balance of this lesson plus much more as a multi currency investing course subscriber. See why here.

Gary

Join us at a course about multi currecny investing or Ecuador livng in Cotacachi or on Ecuador’s coast this winter.

Jan. 16-21 Ecuador Spanish Course

Jan. 22-23 Imbabura Real Estate Tour

See condos like this in Cotacachi for $46,500.

Ecuador-real-estate-advertising

Jan. 24-27 Coastal Real Estate Tour

See Manta condos like this one. Delegates are inspecting the 1,000+ square foot patio.

Manta-Condo

The patio has this view.

Feb. 9-11 Beyond Logic-Shamanic Mingo

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

Here is our Ecuador tour schedule for the balance of 2009.

Date                    Course                      Couples Fee

May 21-26  Ecuador Spanish Course         ($999)
May 27-28  Imbabura Real Estate Tour      ($749)

June 12-15  Shamanic Mingo Tour             ($999)
June 16-17  Imbabura Real Estate Tour      ($749)
June 18-21  Coastal Real Estate Tour         ($749)

July 2-7       Ecuador Import Export Expedition ($1,499)
July 8-9       Imbabura Real Estate Tour     ($749)
July 10-13   Coastal Real Estate Tour        ($749)

Sept. 17-22  Ecuador Spanish Course        ($999)
Sept. 23-24  Imbabura Real Estate Tour     ($749)
Sept. 25-28  Coastal Real Estate Tour        ($749)

Oct. 21-26   Ecuador Import Export Expedition ($1,499)

Nov. 6-8       International Investing and Business Made EZ Ecuador ($999)
Nov. 9-10     Imbabura Real Estate Tour          ($749)
Nov. 11-14   Coastal Real Estate Tour            ($749)

You should normally plan to arrive in Quito two
days before the course.  We will pick you up at the airport, help you
to your hotel in Quito and bring the group to Cotacachi by coach.

For coastal tours we travel as a group from Quito
to Manta by air, then tour the coast for two and a half days returning
to Quito on the evening of the third day.

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.

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.