ECUADOR REAL ESTATE 

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Ecuador Real Estate: Cotacachi, San Clemente, and Mindo, Ecuador

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CAN YOU AFFORD TO RETIRE???? 

 

by Lola Young 

 

 

What is happening to our economy? First the Real Estate housing boom then burst. Then we had the crises of Fannie and Freddie.  Now what is this our Government is handing out $700,000 BILLION for a rescue package????  Well at least disguised as a rescue bill. What are the taxpayers to do? Banks starting to go under like a roaring river. WHAT’S NEXT????  

 

Is there any where you can put your extra money so it will be safe? Well the good news is with the “Bail out Bill” among the bad that were included, they did include in the bill to increase the FDIC Insurance for the banks on your savings, checking and CD’s Accounts from $100,000 to $250,000. So money up to $250,000 should be safe in your bank. Short term T-bills is another place for your safe money. The problem with the above is not much interest is paid. 

 

The stock market is down, Real Estate down, foreign currencies in most area are lower verses the dollar, and Commodities are not doing anything at present. So where can people put money other than Treasuries. I believe hard assets such as gold and silver is a good place to have some money invested.  I have been a believer in this since 2002.  Stocks in gold and silver mining are not the same as having the physical asset.  

 

I started investing at a very early age into Real Estate, and the Stock market. I have owned many different businesses. So investing is second nature to me. With most investment I have done very well, but also have made some mistakes along the way.  One area that I enjoy is international investing, particularly Real Estate which is most fun for me. The place I am investing in now is a small country called Ecuador. This is a place where I can bring my friends and know that they can have a great life in their retirement years, and not have to worry about making ends meet. 

 

Most of my friend’s ages are in the 40’s to 60’s range, and they are very concerned about how they are going to live when they retire. Most of them were counting on there homes to help carry them through their retirement years. Now some are saying I will have to work until I die. Which would not be so bad if you really enjoyed your work? What a lot of us have decided to do is continue to work, but at what we love doing. Then it’s fun, not work. When you wake up in the morning excited about going to the office or sitting at your computer doing work from home. Whatever it may be that makes you happy and content. When you awaken in the morning excited about the beginning of your day. That is what retirement is really about.  

 

 

You can rent nice homes around $200.00 to $300.00 per month. Or you can buy a nice condo for as little as $46,000 in a nice town called Cotacachi Ecuador. If you want a more upscale condo then check out the Cotacachi condos that we am building. It is a beautiful gated community. It will have all the amenities that most of us want. We have gated security 24/7. A community building that will house a Gym, Theater room, Message and Spa area, Kitchen area, Library room, and many other things. We will have walking and hiking trails, Tennis count, Picnic tables and BBQ’s.  It will truly be a wonderful place to retire and you will be able to have a social life.  For more information on our condos go check out our web site. www.ecuadorrealestatesales.com.  

 

Yes, you can afford to retire. Come to Cotacachi, Ecuador and check it out. You will find it’s a lovely community and just the place you will want to retire. Better yet sign up for our TOURS at: www.ecuadorrealestatesales.com/Ecuador-Real-Estate-Tours.html for one of our Ecuador Real Estate Tours.  

 

 

 

 

www.ecuadorrealestatesales.com .