BajaNomad

Check this link on investing in Mexico out.

Baja Bernie - 5-13-2011 at 08:18 AM

Most interesting

http://www.mexicoonline.com/blogs/1/184/everyone-living-in-m...

Worth Reading

djh - 5-13-2011 at 11:11 AM

Provokes much thought.

I'm sure many Nomads can take issue with some of the assumptions and concerns discussed . . . but still well worth reading this economic "big picture" type article.

djh

baja1943 - 5-13-2011 at 11:32 AM

http://www.schwaborg.com

Woooosh - 5-13-2011 at 11:40 AM

yeah, more propaganda by a developer who wishes he hadn't. When the article said the drug corruption in the USA was equal to Mexico's corruption... I checked out.

[Edited on 5-13-2011 by Woooosh]

Osprey - 5-13-2011 at 11:45 AM

Wow, what a guy. Maybe Mexico will hire Steve Schwab to bail out the Loreta Bay Company's unfinished business. Wonder if we could get him to hype, sell and finish our slow moving marina here? Bernie, don't you wish you lived in Mexico? Oh, I forgot, the good days are over. So why did you give us this link?

Did you Mean "Check OUT, .....?"

Eugenio - 5-13-2011 at 11:52 AM

Just shows how you can make just about anything seem like whatever you want by cherry picking some stats, omitting others, and lying where you think you can get away with it.

As usual, reality lies somewhere between what the nea- and yea- sayers would have you believe.

To me the nice thing about Mexico is that you can find a nice place and make your own reality. If it doesn't work out, you can move on to some other place. Same could be said about the US.

Woooosh - 5-13-2011 at 11:55 AM

Quote:
Originally posted by Osprey
Wow, what a guy. Maybe Mexico will hire Steve Schwab to bail out the Loreta Bay Company's unfinished business. Wonder if we could get him to hype, sell and finish our slow moving marina here? Bernie, don't you wish you lived in Mexico? Oh, I forgot, the good days are over. So why did you give us this link?

Did you Mean "Check OUT, .....?"

yup... as in "flew the coop"

Bajatripper - 5-14-2011 at 04:07 PM

I was just reading J. Ross Brown's account of traveling in Southern Baja in 1866. One thing that gets mentioned a few times are all of the scams aimed at bilking would-be colonists hatched in other countries, which painted Baja as an agricultural paradise, complete with rivers and non-existent communities. How little things have changed in the interveening years.

Osprey

Baja Bernie - 5-14-2011 at 04:25 PM

Does this link make you feel better?

http://www.nra.org/mexico/

Osprey - 5-14-2011 at 06:18 PM

Does not compute. What has a link about the NRA and Mexico got to do with:

1. your link saying people should invest in Mexican Realty

2. anything interesting

You're a very nice old buzzard and we don't want to lose you. Check your BP.

Osprey

Baja Bernie - 5-15-2011 at 09:50 AM

Just trying to show another side of the coin...

OH! Are you still running "WORD PERFECT" on your computer?

Thanks for your concern...118 over 68 with a pulse rate of 65

Diver - 5-15-2011 at 09:58 AM

Quote:
Originally posted by Baja Bernie
...118 over 68 with a pulse rate of 65


Holy crap, Bernie; you're numbers are better than mine !!
Don't know if it's your doctors or your lady but you're doing something right !

exiting

C-Urchin - 5-15-2011 at 10:37 AM

Retiree exodus.

There must be something to it...

http://www.escapeartist.com/efam/96/exit_tax.html

gnukid - 5-15-2011 at 11:02 AM

Quote:
Originally posted by Baja Bernie
Just trying to show another side of the coin...

OH! Are you still running "WORD PERFECT" on your computer?

Thanks for your concern...118 over 68 with a pulse rate of 65


Wordperfect was and still is among the best and fastest word processors, far better than Office 10, it's nice to have options though many options aren't worth the price tag or waste of time. The 8088 PC XT with wordperfect works fine as does a late model car.

Though look at homes in California where 1million for a starter home is a tear down-how does that make sense to a new buyers or seniors. Certainly purchasing in baja may not be everyone's cup of tea, but it is among many other valid options. The article makes some good points, that Mexicos economy is in a much better position than the USA, so is Brasil, and many other options worth considering.

The nice thing about BCS is that you can fly there in 2.5 hours from SF/LA and there are options to purchase or rent and the lifestyle is healthy, yet sometimes boring for some people.

I find that when people join together they can make a community just the way they like and few obstacles can stop them. Camp grounds are examples of this, you can camp for $300/month and live in a very fine community. You can probably also rent a house for $300 month in BCS on the low side, so maybe renting/camping is the valid conclusion of Steve Schwab's essay?

Or as our fearless leader/investor adventure guide DK would put it, spend your money on a good set of tires and shocks and have fun! wahoo

[Edited on 5-15-2011 by gnukid]

Pescador - 5-16-2011 at 07:07 AM

I have a very good friend who is heavily invested in the Mexico stock exchange and has done very well over the last five years with those investments. This guy does business on both sides of the border and is a major importer of grocery items for all of Mexico. He sat down and showed me the difference of his two portfolios and it was certainly impressive to see what MXX has produced. He sent me a copy of this same article as a discussion point and then highlighted the areas that were suspect but also in depth discussion and places to go to get more information.
The downside is that 1 share of MXX begins at around 30K so that may leave out some of the commenters who probably would not buy in at $30.00.

Skipjack Joe - 5-16-2011 at 07:28 AM

Quote:
Originally posted by Baja Bernie

Thanks for your concern...118 over 68 with a pulse rate of 65


Always knew you had a good heart.

baja1943 - 5-16-2011 at 08:43 AM

Quote:
Originally posted by Pescador
I have a very good friend who is heavily invested in the Mexico stock exchange and has done very well over the last five years with those investments. This guy does business on both sides of the border and is a major importer of grocery items for all of Mexico. He sat down and showed me the difference of his two portfolios and it was certainly impressive to see what MXX has produced. He sent me a copy of this same article as a discussion point and then highlighted the areas that were suspect but also in depth discussion and places to go to get more information.
The downside is that 1 share of MXX begins at around 30K so that may leave out some of the commenters who probably would not buy in at $30.00.
I smell a BUBBLE. Some of the old nomads will never forget the previous one. :o

Hook - 5-16-2011 at 09:05 AM

Quote:
Originally posted by C-Urchin
Retiree exodus.

There must be something to it...

http://www.escapeartist.com/efam/96/exit_tax.html


So, did this "law" proposed in 2007 ever pass. I have heard nothing.

Eli - 5-16-2011 at 09:22 AM

I Love the BP read Bernie, best part of this post.

Of course I have invested EVERYTHING including heart and soul in being here in L.B., it was the right choice for me. Although how did Dylan put it; "if You ain't got nothin, you got nothin to lose", all I had when I came here 21 years ago was $3K and some change.

CortezBlue - 5-16-2011 at 10:29 AM

Quote:
Originally posted by Woooosh
yeah, more propaganda by a developer who wishes he hadn't. When the article said the drug corruption in the USA was equal to Mexico's corruption... I checked out.

[Edited on 5-13-2011 by Woooosh]

CortezBlue - 5-16-2011 at 10:32 AM

I can see both sides of this.

Granted the BLOG obviously has a motive to promote goods and services from the person who wrote the BLOG, however, it has valid points.

Before I started telling people that they shouldn't go to Mexico because they will be shot or worse, I use to try to explain many of the points that this BLOG describes regarding the pockets of violence etc. Hell, I live in Phoenix and use that stat all of the time.

Like anything you have to take everything you read with a grain of salt