tag:blogger.com,1999:blog-63094103830418924112024-03-05T15:10:36.074+01:00Retire Rich by Luigi FoscaleLet the money work for youLuigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.comBlogger218125tag:blogger.com,1999:blog-6309410383041892411.post-60770998719382324362016-09-17T15:39:00.000+02:002016-09-17T15:46:37.004+02:00Il primo passo per vivere di rendita<div style="text-align: justify;">
Questo post è dedicato a te e, mentre leggi questo articolo, desideri trovare una strategia per vivere di rendita. Continua a leggere saprai cosa fare.</div>
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Se desideri incrementare le tue rendite immobiliari, il primo passo è molto semplice. Bisogna iniziare.</div>
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Il primo passo è quello di comprare il primo immobile a reddito. Il primo passo serve per prendere confidenza con il mercato, pertanto conviene farlo proporzionato. Bisogna trovare un immobile a reddito per fare un piccolo primo investimento. </div>
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Per esempio, puoi comprare un appartamentino da 100.000 Euro, con una rendita di 6.000/7.000 Euro all'anno. E come primo investimento puoi, eventualmente, montare un mutuo di 50.000 Euro. Non consiglio di fare investimenti con troppo mutuo all'inizio.</div>
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Fatto il primo investimento, le tue rendite iniziano ad essere di 6.000/7.000 Euro all'anno. A questo punto, hai già preso il cammino che ti porterà alla sicurezza finanziaria.<br />
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Il prossimo step è quello di imparare a gestire le rendite.<br />
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Luigi Foscale</div>
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Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Lugano, Svizzera46.0036778 8.951052000000004245.8272878 8.6283285000000038 46.180067799999996 9.2737755000000046tag:blogger.com,1999:blog-6309410383041892411.post-27779591257272641292014-10-21T09:42:00.000+02:002015-04-22T21:29:31.165+02:00Who’s behind the Global Economy?<div style="text-align: justify;">
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Did you
notice that lately the major economic reforms they all look the same?</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Strange and
worrying...</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Strange
because we always knew that in the global economy each nation was free to
compete with the others and grab their segment of cash flow from foreign
investments, tourism etc.</span></span><br />
<br />
<span style="font-family: Calibri;"><span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;">T</span><span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;">hat’s why
according to a simple marketing logic, to the very purpose of making each
single economy more attractive to foreign investments, each country should
elaborate its own legislation on a product-differentiation basis in order to
maximize the uniqueness of their offer and make it more appealing to foreign
investors.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">This is not
how it works though.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Actually this
is something to worry about because if the Secretary of Treasure of any given
country finds himself in the situation in which he is unable to take an
autonomous decision but he has instead to undergo the directives of some
international institution there’s something wrong here.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">What’s at
stake here is the very meaning of political representation which is put into
discussion together with the very basics of Democracy itself.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">You have a
government overthrow when a government chosen by the citizens of a given
country is<span style="mso-spacerun: yes;"> </span>replaced by another
government that has not been chosen by those same citizens.<span style="mso-spacerun: yes;"> </span></span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">So the
question here is: are we in front of a huge government overthrow of global
size?</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Let’s put it
another way: are there supranational entities, not elected by the people that
took over the elected officials and that are deciding for us?<span style="mso-spacerun: yes;"> </span></span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Dangerous....
the most dangerous aspect of this whole story is that we, the people, we live
in total darkness. Indeed we are convinced that if we decided to live in a
certain country like <st1:place w:st="on"><st1:country-region w:st="on">Germany</st1:country-region></st1:place>,
<st1:place w:st="on"><st1:country-region w:st="on">Spain</st1:country-region></st1:place>
or the <st1:place w:st="on"><st1:country-region w:st="on">United Kingdom</st1:country-region></st1:place>,
then we are going to be subjected to the economic and fiscal provisions of that
country in which we chose to live. </span></span><br />
<br />
<span style="font-size: 12pt; line-height: 115%;"><span style="font-family: Calibri;">It apparently seems so. </span></span><br />
<br />
<span style="font-size: 12pt; line-height: 115%;"><span style="font-family: Calibri;">But it’s not.</span></span><br />
<br />
<span style="font-family: Calibri;"><span style="font-size: 12pt; line-height: 115%;">So we ask ourselves. </span><span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;">Why the
single countries are losing their own independence by undergoing the imposed economic
choices of someone else?</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">If a country
government decides to make its own economic policy why in the world it has to undergo
the judgment of foreign rating agencies and why the same country eventually got
down on its knees has to go back on its own steps?</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Who’s behind
this “interference”?</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">What’s going
on indeed?</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Is something
changing and we’re not aware of it?</span></span><br />
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<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">But the
crucial question is: who’s that strong to bend the will of a series of country
governments.</span></span><br />
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<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">This is the
situation. Unfortunately we are not wrong if we ask ourselves whether is it
possible that these forces of darkness have also planned the economic crunch
that has been haunting the global economy in the past five years?</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">If you want
to know my opinion, which is not the one of a politician but of a simple
entrepreneur, the whole thing was absolutely planned.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">First of all
in order to rule the global economy you just need to control the economic
flows. The rest is absolutely irrelevant.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">I</span></span><span style="font-family: Calibri;"><span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;">t starts
indeed from who sells the money. </span><span style="font-size: 12pt; line-height: 115%;">The Banks. </span><span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;">You know the protocols <st1:city w:st="on">Basel</st1:city> 2 and <st1:city w:st="on">Basel</st1:city> 3. They
only reward those banks that have a solid capital reserve. These banks can only
supply money to those companies that also have a nice capital reserve and a
nice cash flow.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Families are
spurred to plunge into debts through the various means of consumer credit like
debt cards, or other tools that cost the consumer<span style="mso-spacerun: yes;"> </span>a fee which goes up to 18% per year.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">The providers
of these financial tools are often the major financial institutions.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">So the
families have to plunge into debt because is this sort of situation that feeds
and keeps up the whole system.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">On the other
side, businesses must undergo a rating system. The better their budget the
better their rating. Under these provisions however we risk to lose the
Banker’s role (which is absolutely priceless for the community).</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Then we have
those countries that struggle everyday more in deciding their economic policies
in full authonomy.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">This kind of
system rewards the rich countries, the rich businesses and the rich people. The
stats show that the number of the super rich is growing year by year and that
big companies are growing everyday bigger and bigger while the medium and small
sized businesses are dying.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">The data show
that also the rich countries are getting richer always more.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">I am deeply
convinced that in order to overcome the global crunch we must change this
system and redistribute the wealth. Not through an increased tax-pressure but
by promoting the private initiative and by providing credit to those businesses
that showed to be active in their own market.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">The
experience tells us that the microcredit of the Indian Grameen Bank (or Bank of
the poor) was a crucial contribution to the development of the Indian economy,
making it the major player that is today. The Grameen bank increased the level
of wealth in the population’s lower segments while increasing the profits of
the bank too and of its own founder Professor Muhammad Yunus, a man who I
deeply admire and who’s been awarded the Nobel Prize because of the historical
meaning of his initiative.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">The same
thing happened in those Asian and African countries where microcredit is
becoming every day more popular. Microcredit indeed is showing to be the very
engine of the emerging markets economic development, especially in those
countries we used to call third world.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">My idea of
economic model is the following: we need local banks with diffused ownership,
based on the Italian model of “cooperativa” where community members are also
shareholders. These banks must support the local businesses, the retail shops,
working figures like plumbers for example who have to buy their own tools in
order to do their job.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">The
“Cooperative Banks” are the ones who can teach the new generations what saving
and investing really mean. These are concepts that the big international
bankers have swept away from my generation.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">I know this
can be viewed as utopic but believe me this is how it is.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">The little
Alpine Communities living in the small villages of the Italian alps, they have
been kept living in their small ancient world with their small sized banks
which helped them going through each global crisis of the past sixty years.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">These banks
have diffused ownership and all the community members are shareholders. On the
other side, the bank supplies credit exclusively to the community members,
because this is their statute’s main rule.</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">So why the
European big shots who have many more means at their disposal they are unable
to get the global economy out of this “crisis”?</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Maybe the
question is: they can’t or they don’t want to?</span></span><br />
<br />
<span lang="EN-GB" style="font-size: 12pt; line-height: 115%; mso-ansi-language: EN-GB;"><span style="font-family: Calibri;">Luigi Foscale</span></span></div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Ginevra, Svizzera46.1983922 6.142296100000066946.110477700000004 5.9809346000000669 46.2863067 6.3036576000000668tag:blogger.com,1999:blog-6309410383041892411.post-11295373300885230302014-03-28T19:15:00.000+01:002014-10-21T09:47:08.262+02:00Index1. About us<br />
<em>After reading the following articles, you will know about my unique roots.</em><span lang="EN-US" style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-ansi-language: EN-US; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: IT;"><strong></strong></span><em></em><br />
1.1. <a href="http://luigifoscale.blogspot.it/2012/10/index-retire-rich-by-luigi-foscale.html">Index</a><br />
1.2. <a href="http://luigifoscale.blogspot.it/2012/04/bio-luigi-foscale.html" target="_blank">Bio of Luigi Foscale</a><br />
1.3. <a href="http://luigifoscale.blogspot.it/2012/12/my-private-banking-in-real-estate.html">My Private Banking in Real Estate</a><br />
1.4. <a href="http://luigifoscale.blogspot.it/2013/04/Follow-us.html">How To follow our Community on the Media</a><br />
1.5. <a href="http://luigifoscale.blogspot.it/2014/03/link-and-friends.html">Links and Friend</a><br />
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2. The New Theory of Automatic Income<br />
<em>This Theory set a new Economic Law, and it's turning the Economic Markets upside down.</em><br />
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2.1. <a href="http://luigifoscale.blogspot.it/2012/03/end-as-beginning.html" target="_blank">The end as the beginning</a></div>
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2.2. <a href="http://luigifoscale.blogspot.it/2012/03/whats-retire-rich.html" target="_blank">What's the Retire Rich</a></div>
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2.3. <a href="http://luigifoscale.blogspot.it/2012/03/important-notice.html" target="_blank">An important notice</a></div>
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2.4. <a href="http://luigifoscale.blogspot.it/2012/03/investment-philosophy.html" target="_blank">Investment Philosophy</a></div>
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2.5. <a href="http://luigifoscale.blogspot.it/2012/07/live-from-rentals.html" target="_blank">Live from Rentals</a><br />
2.6. <a href="http://luigifoscale.blogspot.it/2013/01/the-wealth-health-manifesto.html">The Wealth & Health Manifesto</a><br />
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3. Psychology of Rich<br />
<em>Like an Iceberg, to see the visible, you must know that the IN-Visible part is much more bigger. In here we will make the IN-Visible, Visible.</em>
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3.1. <a href="http://luigifoscale.blogspot.it/2012/05/likes-attracts-likes.html" target="_blank">Likes attracts Likes</a><br />
3.2. <a href="http://luigifoscale.blogspot.it/2012/10/physics-of-money-by-luigi-foscale.html" target="_blank">The Physics of Money </a><br />
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4. Success Stories<br />
<em>Learn by examples...</em><br />
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4.1. <a href="http://luigifoscale.blogspot.it/2012/05/study-rich-people.html">Learning from rich people’s biography </a><br />
4.2. <a href="http://luigifoscale.blogspot.ro/2013/02/a-real-retire-rich-story.html">A Real Retire Rich Story</a> (Engelbert Humperdinck)<br />
4.3. <a href="http://luigifoscale.blogspot.ch/2013/02/angelina-jolie-and-brad-pitt-did-it-too.html">Angelina Jolie and Brad Pitt did it too…</a><br />
4.4. <a href="http://luigifoscale.blogspot.it/2012/09/article-on-financial-times-we-need-us.html" target="_blank">Article on Financial Times: 'We need US pioneer spirit' </a><br />
4.5. <a href="http://luigifoscale.blogspot.it/2013/04/sting-is-one-of-best-businessman.html">Sting, Music & Business</a><br />
4.6. <a href="http://luigifoscale.blogspot.it/2013/05/kelly-taylor-of-beverly-hills-90210-is.html"> Kelly Taylor of Beverly Hills 90210 is a positive icon for new generations </a><br />
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5. Luigi Foscale's 4-Step Strategy for Building a Real Estate Portfolio<br />
<em>This is a how-to guide to build up your Real Estate Portfolio.</em><br />
5.0 <a href="http://luigifoscale.blogspot.it/2012/06/luigi-foscales-4-step-strategy-for.html" target="_blank">Luigi Foscale's 4-Step Strategy for Building a Real Estate Portfolio </a><br />
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5.1. Step 1: Control your mind</div>
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5.1.1 <a href="http://luigifoscale.blogspot.it/2012/06/luigi-foscales-4-step-strategy-for_14.html" target="_blank">Luigi Foscale’s 4-Step Strategy for Building a Real Estate Portfolio – Step 1: Control your Mind </a></div>
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5.1.2. <a href="http://luigifoscale.blogspot.it/2012/06/luigi-foscales-4-step-strategy-cool.html" target="_blank">Luigi Foscale's 4-Step Strategy. Cool your system by Relaxing 15 minutes every single day </a></div>
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5.1.3. <a href="http://luigifoscale.blogspot.it/2012/06/luigi-foscales-4-step-strategy-now.html" target="_blank">Luigi Foscale's 4-Step Strategy. The now factor </a></div>
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5.1.4. <a href="http://luigifoscale.blogspot.it/2012/06/bad-feeling-is-good-feeling.html" target="_blank">A bad feeling is a good feeling </a></div>
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5.1.5. <a href="http://luigifoscale.blogspot.it/2012/06/its-up-to-you.html" target="_blank">It's up to you </a></div>
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5.1.6. <a href="http://luigifoscale.blogspot.it/2012/06/what-do-you-think-about-yourself.html" target="_blank">What do you think about yourself? </a></div>
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6. Investing in Real Estate<br />
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<em>Discover why Real Estate Investments are attractive now, and how to take profit; and discover all the know how from a international investor.</em><br />
<em></em> </div>
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6.1. <a href="http://luigifoscale.blogspot.it/2012/04/do-you-remember-how-much-tb-used-to-pay.html" target="_blank">Do you remember how much TB used to pay? Did they really worth? </a></div>
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6.2. <a href="http://luigifoscale.blogspot.it/2012/04/why-investing-in-todays-stock-market-is.html" target="_blank">Why investing in today's stock market is very risky </a></div>
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6.3. <a href="http://luigifoscale.blogspot.it/2012/05/better-than-lottery.html" target="_blank">Better than the lottery </a></div>
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6.4. <a href="http://luigifoscale.blogspot.it/2012/06/real-estate-is-secret.html" target="_blank">Real Estate is the Secret </a></div>
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6.5.<a href="http://luigifoscale.blogspot.it/2012/07/buy-or-rent.html" target="_blank"> Buy or Rent? </a><br />
6.6 <a href="http://luigifoscale.blogspot.it/2013/07/unfreeze-financial-power-inside-yourself.html">Unfreeze the Financial Power inside yourself </a><br />
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7. Financial Literacy</div>
<em>By reading this Glossary, you will learn how to read between the lines of any business media.</em><br />
7.1. The new opportunity <br />
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7.1.1. <a href="http://luigifoscale.blogspot.it/2012/04/what-to-teach-our-kids.html" target="_blank">What to teach our kids </a></div>
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7.1.2. <a href="http://luigifoscale.blogspot.it/2012/04/financial-literacy.html" target="_blank">Financial Literacy </a></div>
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7.1.3. <a href="http://luigifoscale.blogspot.it/2012/04/retire-rich-literacy-is-absolutely.html" target="_blank">The Retire Rich literacy is absolutely crucial </a></div>
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7.1.4. <a href="http://luigifoscale.blogspot.it/2012/05/they-taught-us-to-be-poor.html" target="_blank">They taught us to be poor </a></div>
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7.1.5. <a href="http://luigifoscale.blogspot.it/2012/05/we-live-in-most-bright-era-because.html" target="_blank">Gain the Knowledge </a></div>
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7.1.6. <a href="http://luigifoscale.blogspot.it/2012/06/who-can-teach-you-how-to-become-rich.html" target="_blank">Who can teach you how to become rich? </a></div>
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7.1.7. <a href="http://luigifoscale.blogspot.it/2012/06/good-advice.html" target="_blank">A good advice </a><br />
7.1.8. <a href="http://luigifoscale.blogspot.it/2012/10/stay-up-to-date-luigi-foscale.html" target="_blank">Do you want to stay up-to-date? </a><br />
7.1.9. <a href="http://luigifoscale.blogspot.it/2012/09/survival-handobook.html" target="_blank">Survival Handobook </a></div>
<div>
<br />
7.2. Inflation</div>
<div>
7.2.1. <a href="http://luigifoscale.blogspot.it/2012/04/how-inflation-works.html" target="_blank">How Inflation works? </a></div>
<div>
7.2.2. <a href="http://luigifoscale.blogspot.it/2012/04/what-should-i-do-if-great-inflation.html" target="_blank">What should I do if a Great Inflation occurs? </a></div>
<div>
7.2.3. <a href="http://luigifoscale.blogspot.it/2012/05/best-investment-during-high-inflation.html" target="_blank">The Best investment during High Inflation </a></div>
<div>
<br />
7.3. Leadership</div>
<div>
7.3.1. <a href="http://luigifoscale.blogspot.it/2012/06/cnn-on-leadership.html" target="_blank">CNN on Leadership </a><br />
</div>
<div>
7.5. Leverage</div>
<div>
7.5.1. <a href="http://luigifoscale.blogspot.it/2012/04/is-running-into-debts-dangerous.html" target="_blank">Is running into debts a dangerous practice today? </a><br />
7.5.2. <a href="http://luigifoscale.blogspot.it/2012/10/is-leverage-still-good.html" target="_blank">Is leverage still good? </a><br />
7.5.3. <a href="http://luigifoscale.blogspot.it/2012/11/yes-leverage-is-now-good.html" target="_blank">"Yes, leverage is now good…"</a> <br />
<br />
7.6. Pensions</div>
<div>
7.6.1. <a href="http://luigifoscale.blogspot.it/2012/04/truth-on-pensions.html" target="_blank">The truth on the pensions </a></div>
<div>
7.6.2. <a href="http://luigifoscale.blogspot.it/2012/05/truth-on-pensions-on-foscale-selection.html" target="_blank">The truth on the Pensions on Foscale's selection of Financial Times </a></div>
<div>
7.6.3. <a href="http://luigifoscale.blogspot.it/2012/06/lost-money.html" target="_blank">Lost money... </a></div>
<div>
7.6.4. <a href="http://luigifoscale.blogspot.it/2012/07/pension-funds-have-hidden-fees.html" target="_blank">Pension Funds have hidden fees </a><br />
<br />
7.7. Banks <br />
<div>
7.7.1. <a href="http://luigifoscale.blogspot.it/2012/04/banks-stopped-banking.html" target="_blank">Banks stopped Banking </a></div>
<div>
7.7.2. <a href="http://luigifoscale.blogspot.it/2012/04/bank-always-makes-profits-even-when-you.html" target="_blank">The Bank always makes profits, even when you lose </a></div>
<div>
7.7.3. <a href="http://luigifoscale.blogspot.it/2012/04/banks-created-financial-crisis-so-banks.html" target="_blank">The banks created the financial crisis so the banks should take the first step </a></div>
<div>
7.7.4. <a href="http://luigifoscale.blogspot.it/2012/05/new-banker-defends-predecessor.html" target="_blank">New Banker defends predecessor!!! </a><br />
7.7.5. <a href="http://luigifoscale.blogspot.it/2012/10/warm-up-clippings-by-luigi-foscale-on-financial-times.html" target="_blank">Warm up banking article clipped on "Retire Rich by Luigi Foscale" on FT.com </a></div>
</div>
8. New Age of Economy<br />
<em>This section shows the past from the future’s point of view, besides it will anticipate what happens next.</em><br />
<div>
<br />
8.1. You Future, Now<br />
<div>
8.1.1. <a href="http://luigifoscale.blogspot.it/2012/05/your-future-starts-now.html" target="_blank">Your future starts NOW </a></div>
<div>
8.1.2. <a href="http://luigifoscale.blogspot.it/2012/06/is-this-new-era.html" target="_blank">Is this a new era? </a></div>
<div>
8.1.3. <a href="http://luigifoscale.blogspot.it/2012/06/are-you-ready.html" target="_blank">Are you ready? </a></div>
<div>
8.1.4. <a href="http://luigifoscale.blogspot.it/2012/06/future-will-be-low-cost-by-luigi.html" target="_blank">The Future will be Low Cost, by Luigi Foscale </a></div>
<div>
8.1.5. <a href="http://luigifoscale.blogspot.it/2012/06/now-you-can-create-you-future.html" target="_blank">Now, you can create you future </a></div>
<div>
8.1.6. <a href="http://luigifoscale.blogspot.it/2012/07/future-of-entrepreneurship-is-now.html" target="_blank">The future of entrepreneurship is now </a></div>
<div>
8.1.7. <a href="http://luigifoscale.blogspot.it/2012/07/time-for-investing-is-now.html" target="_blank">Time for investing is now </a></div>
</div>
<div>
8.1.8. <a href="http://luigifoscale.blogspot.it/2012/05/simple-investments.html" target="_blank">Simple investments</a><br />
8.1.9. <a href="http://luigifoscale.blogspot.it/2012/06/time-for-bargain-is-now.html" target="_blank">The time for Bargain is now </a></div>
<div>
8.1.10. <a href="http://luigifoscale.blogspot.it/2012/06/low-cost-for-30-year-debt-is-this-good.html" target="_blank">Low cost for 30-Year Debt. Is this a good time? </a></div>
<div>
8.1.11. <a href="http://luigifoscale.blogspot.it/2012/06/future-of-housing.html" target="_blank">The future of Housing </a></div>
<div>
8.1.12. <a href="http://luigifoscale.blogspot.it/2012/07/cnn-rentals-are-growing.html" target="_blank">CNN: "Rentals are Growing" </a></div>
<div>
8.1.13. <a href="http://luigifoscale.blogspot.it/2012/07/strong-buy-ultracentral-by-luigi.html" target="_blank">Strong Buy Ultracentral by Luigi Foscale </a><br />
8.1.14. <a href="http://luigifoscale.blogspot.it/2012/09/home-prices-increase-again-in-july-2012.html" target="_blank">Home Prices Increase Again in July 2012 </a><br />
8.1.15. <a href="http://luigifoscale.blogspot.it/2012/11/no-generation.html" target="_blank">The No Generation</a><br />
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8.2. The art of manage money</div>
<div>
<div>
<div>
8.2.1. <a href="http://luigifoscale.blogspot.it/2012/04/bottom-line-on-investment.html" target="_blank">The bottom line on Investment </a></div>
<div>
8.2.2. <a href="http://luigifoscale.blogspot.it/2012/04/how-to-manage-your-money-lesson-1-come.html" target="_blank">How to manage your money. Lesson 1 </a></div>
</div>
</div>
<div>
</div>
<div>
8.3. Win the Crisis</div>
</div>
<div>
8.3.1. <a href="http://luigifoscale.blogspot.it/2012/04/historical-moment-crisis-opportunity.html" target="_blank">The historical moment: Crisis and Opportunity</a></div>
<div>
8.3.2. <a href="http://luigifoscale.blogspot.it/2012/04/is-todays-scenario-so-severe.html" target="_blank">Is today's scenario so severe?</a></div>
<div>
8.3.3. <a href="http://luigifoscale.blogspot.it/2012/04/in-what-kind-of-crisis-we-are.html" target="_blank">In what Kind of Crisis we are?</a></div>
<div>
8.3.4. <a href="http://luigifoscale.blogspot.it/2012/04/can-businesses-into-debt-find-way-out.html" target="_blank">Can business into debt find a way out?</a></div>
<div>
8.3.5 <a href="http://luigifoscale.blogspot.it/2012/04/do-you-want-to-profit-from-crisis.html" target="_blank">Do you want to Profit from the crisis?</a></div>
<div>
8.3.6. <a href="http://luigifoscale.blogspot.it/2012/04/how-can-i-take-advantage-of-financial.html" target="_blank">How can I take Advantage of the financial crisis?</a></div>
<div>
8.3.7. <a href="http://luigifoscale.blogspot.it/2012/05/la-crisi-dei-subprime.html" target="_blank">The Subprime Crisis</a> <a href="http://luigifoscale.blogspot.it/2012/05/whats-our-fault-if-we-are-in-crisis.html" target="_blank">What’s our fault if we are in a crisis? </a></div>
<div>
8.3.8. <a href="http://luigifoscale.blogspot.it/2012/05/is-everyone-in-crisis.html" target="_blank">Is everyone in Crisis?</a></div>
<div>
8.3.9. <a href="http://luigifoscale.blogspot.it/2012/05/they-create-situation-and-we-pay-is.html" target="_blank">They create the situation and we pay. Is that fair to you? </a></div>
<div>
8.3.10. <a href="http://luigifoscale.blogspot.it/2012/05/were-they-really-right.html" target="_blank">Were the baby boomers really right? </a><span id="goog_723196594"></span><a href="http://www.blogger.com/"></a><span id="goog_723196595"></span></div>
<div>
8.3.11. <a href="http://luigifoscale.blogspot.it/2012/05/why-talking-about-crisis.html" target="_blank">Why talking about the crisis?</a></div>
<div>
8.3.12. <a href="http://luigifoscale.blogspot.it/2012/05/is-it-fair-we-pay-crisis-what-about.html" target="_blank">Is it fair we pay the crisis? What about the generation before ours? </a></div>
<div>
8.3.13. <a href="http://luigifoscale.blogspot.it/2012/05/just-to-be-provocative-what-if-this.html" target="_blank">What if this crisis was made on purpose? </a></div>
<div>
8.3.14. <a href="http://luigifoscale.blogspot.it/2012/05/however-at-this-point-who-wants-crisis.html" target="_blank">However at this point who wants the crisis? </a></div>
<div>
8.3.15. <a href="http://luigifoscale.blogspot.it/2012/05/are-we-in-crisis-or-are-we-at-war.html" target="_blank">Are we in crisis or are we at war? </a></div>
<div>
8.3.16. <a href="http://luigifoscale.blogspot.it/2012/05/in-this-economic-war-i-ask-myself-how.html" target="_blank">In this Economic War, I ask myself: how can we decide to invest in this chaos? </a></div>
<div>
8.3.17. <a href="http://luigifoscale.blogspot.it/2012/05/whats-our-fault-if-we-are-in-crisis.html" target="_blank">What’s our fault if we are in a crisis? </a></div>
<div>
8.3.18. <a href="http://luigifoscale.blogspot.it/2012/06/lesson-for-crisis.html" target="_blank">Lesson from the crisis </a></div>
<div>
8.3.19. <a href="http://luigifoscale.blogspot.it/2012/06/hard-times-for-middle-class.html" target="_blank">Hard times for Middle Class </a></div>
<div>
8.3.20. <a href="http://luigifoscale.blogspot.it/2012/06/how-to-win-crisis.html" target="_blank">How to Win over the Crisis </a></div>
<div>
8.3.21. <a href="http://luigifoscale.blogspot.it/2012/09/a-lesson-from-past.html" target="_blank">A Lesson from the Past </a><br />
8.3.22. <a href="http://luigifoscale.blogspot.it/2012/09/Coming-out-from-the-crisis-by-foscale.html" target="_blank">Are you ready to get out from the crisis? If yes, keep reading </a><br />
8.3.23. <a href="http://luigifoscale.blogspot.it/2014/01/demographic-window-how-to-get-out-of.html" rel="nofollow">Demographic Window. How to get out of the crisis in one generation</a><br />
<br />
8.4 The World Government<br />
8.4.1 <a href="http://luigifoscale.blogspot.it/2014/10/whos-behind-global-economy.html">Who’s behind the Global Economy?</a><br />
<br />
9. On Markets</div>
<div>
<em>The point of view of a global player.</em><br />
<br />
9.1. On European Union<br />
<div>
9.1.1. <a href="http://luigifoscale.blogspot.it/2012/06/luigi-foscale-on-european-changes.html" target="_blank">Luigi Foscale on European Changes </a></div>
<div>
9.1.2. <a href="http://luigifoscale.blogspot.it/2012/06/europe-or-germany.html" target="_blank">Europe or Germany? </a></div>
<div>
9.1.3. <a href="http://luigifoscale.blogspot.it/2012/06/emergency-exit.html" target="_blank">Emergency Exit </a></div>
<div>
9.1.4. <a href="http://luigifoscale.blogspot.it/2012/06/finally.html" target="_blank">Finally </a></div>
9.1.5. <a href="http://luigifoscale.blogspot.it/2012/09/euro-luigi-foscale-on-financial-times-clipping.html" target="_blank">Euro on the closing of last day of third quarter </a><br />
<br />
9.2. On USA<br />
9.2.1. <a href="http://luigifoscale.blogspot.it/2012/10/luigi-foscale-financial-times-unemployment.html" target="_blank">US unemployment rate at 7,8% </a><br />
<br />
9.3. On Russia and Friends<br />
9.3.1. <a href="http://luigifoscale.blogspot.it/2012/06/luigi-foscale-on-russia.html" target="_blank">Luigi Foscale on Russia </a></div>
<div>
9.3.2. <a href="http://luigifoscale.blogspot.it/2012/12/the-black-sea-crossroads-of-history.html" target="_blank">The Black Sea: Crossroads of History </a><br />
9.3.3. <a href="http://luigifoscale.blogspot.it/2013/03/luigi-foscale-on-eastern-europe.html">Luigi Foscale on Eastern Europe</a><br />
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9.4. On Italy</div>
<div>
9.4.1. <a href="http://luigifoscale.blogspot.it/2012/05/if-italy-was-company-it-would-be.html" target="_blank">If Italy Was a Company, It Would be Bankrupt </a></div>
<div>
9.4.2. <a href="http://luigifoscale.blogspot.it/2012/05/what-can-we-do-to-restart-italy.html" target="_blank">What can we do to restart Italy? </a></div>
<div>
9.4.3. <a href="http://luigifoscale.blogspot.it/2012/05/how-to-restart-italy.html" target="_blank">How to reboot Italy </a></div>
<div>
9.4.4. <a href="http://luigifoscale.blogspot.it/2012/05/in-italy-its-getting-harder.html" target="_blank">In Italy it’s getting harder </a></div>
<div>
9.4.5. <a href="http://luigifoscale.blogspot.it/2012/05/italy-debt-crisis-or-government-waste.html" target="_blank">Italy: Debt crisis or government waste? </a></div>
<div>
9.4.6. <a href="http://luigifoscale.blogspot.it/2012/05/italy-cant-stand-political-interference.html" target="_blank">Italy can’t stand political interference anymore </a></div>
<div>
9.4.7. <a href="http://luigifoscale.blogspot.it/2012/05/italy-is-rich-country-with-poor-laws.html" target="_blank">Italy is a rich country with poor laws </a></div>
<div>
9.4.8. <a href="http://luigifoscale.blogspot.it/2012/05/truth-on-italian-taxation.html" target="_blank">The truth on Italian Taxation </a></div>
<div>
9.4.9. <a href="http://luigifoscale.blogspot.it/2012/05/italy-is-controversial-country.html" target="_blank">Italy is a controversial country </a><br />
9.4.10. <a href="http://luigifoscale.blogspot.it/2012/10/the-italian-governments-insider-trading.html" target="_blank">The Italian Government’s insider trading </a><br />
9.4.11. <a href="http://luigifoscale.blogspot.it/2012/11/private-banking-in-real-estate.html" target="_blank">Private Banking in Real Estate: It’s Italy time </a><br />
9.4.12. <a href="http://luigifoscale.blogspot.it/2012/12/Italy-speaks-german.html">Europe expects Italy to speak only German </a><br />
</div>
<div>
10. Luigi Foscale Answer</div>
<div>
<em>If you have a question, write me at </em><a href="mailto:luigiemanuelefoscale@gmail.com"><em>luigiemanuelefoscale@gmail.com</em></a><em> ; the best questions will be published.</em><br />
<br />
10.1. <a href="http://luigifoscale.blogspot.it/2012/04/luigi-foscale-answers.html" target="_blank">Luigi Foscale answers </a></div>
<div>
10.2. <a href="http://luigifoscale.blogspot.it/2012/04/luigi-foscale-answers-to-be-or-not-to.html" target="_blank">Luigi Foscale Answers. To be or not to be. </a></div>
<div>
10.3. <a href="http://luigifoscale.blogspot.it/2012/05/luigi-foscale-answers-on-real-estate.html" target="_blank">Luigi Foscale answers on Real Estate Investments </a></div>
<div>
10.4. <a href="http://luigifoscale.blogspot.it/2012/05/luigi-foscale-answers-school-system.html" target="_blank">Luigi Foscale answers. The school system could teach me to become financially independent? </a><br />
10.5. <a href="http://luigifoscale.blogspot.it/2012/06/luigi-foscale-answer-is-it-possible.html" target="_blank">Luigi Foscale answer. Is it possible? </a><br />
<br />
11. Hall of Fame<br />
<em>Important news from Retire Rich by Luigi Foscale.</em><br />
<br />
11.1. <a href="http://luigifoscale.blogspot.it/2012/09/our-clipping-list-on-financial-times-is.html" target="_blank">Our Clipping List on Financial Times is the most visited. Thank you </a><br />
11.2. <a href="http://luigifoscale.blogspot.it/2012/10/rr-luigi-foscale-financial-times-most-visited.html" target="_blank">Retire Rich by Luigi Foscale on Financial Times </a><br />
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Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Londra, Regno Unito51.5073346 -0.127683151.3492066 -0.4435401 51.6654626 0.1881739tag:blogger.com,1999:blog-6309410383041892411.post-77409393813705981742014-03-28T19:13:00.001+01:002014-03-28T19:15:56.967+01:00Links and FriendsA friend of mine asked me, where I can found all my news...<br />
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Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0tag:blogger.com,1999:blog-6309410383041892411.post-3347668075217026662014-01-25T17:35:00.000+01:002014-03-28T19:16:44.510+01:00Demographic Window. How to get out of the crisis in one generation<div style="text-align: justify;">
According to the Merriam Webster, Demography is the study of changes (such as the number of births, deaths, marriages, and illnesses) that occur over a period of time in human populations.</div>
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A Demographic window is instead that period of time in a nation's demographic evolution when the proportion of population of working age group is particularly prominent. This occurs when the demographic architecture of a population becomes younger and the percentage of people able to work reaches its height.</div>
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When the number of births decreases, the age increases, consequently, the number of retired people grows. Who will take care of them? This is called the financial stress of retirement.</div>
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Those countries that belongs to the demographic window have a greater labour force, greater consumption and a steady growth.</div>
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Most of the global wealth is in the baby boomer's hands. Baby Boomers are those people who were born in the decade following the end of the second World War. Today they are all retired or next to retirement. Who's going to support them? How are they going to survive?</div>
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How can we stimulate the economy?</div>
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In Europe 5 million babies are born each year and the birth rate is a little less than 10%.</div>
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If we would stimulate the birth rate, for example by doubling it, we would wipe off the chance of an economic crisis for the next 40 years.</div>
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As a matter of fact, history tells that when the birth rate overcame the 20% we had an economic boom.</div>
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The following are a few strategies that could solve the crisis of the European System.</div>
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First Strategy: Provide the families an economic reward of €1000 per year for each newborn for the first three years of life. If we reach 10 million births, the amount would be €30 bn. These are petty numbers if we consider the whole European Economy. Besides, these resources would be spent anyway, hence a 20% of VAT would be recovered right away, while the left 80% would feed the economy.</div>
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The mothers would spend money in businesses that pay taxes, retail shops would hire clerks who would receive a salary that is going to be taxed, these same people would buy a home, a car and they would spend the money for their daily needs.</div>
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Second Strategy. Provide tax credits for the costs needed to support each baby. How much a baby costs a family? In Italy it could be €7000 per year. The budget would be mainly for drugs, doctors, clothing, food and toys... We would provide a tax credit for each child in a way to reward those families with more children. For example for the first child it would be enough to provide a tax credit of €1000.</div>
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With two children we could provide a tax credit of €3000. With 3 children it would be of €5000 with 4 it would be of €7000 and so on. The whole system would provide benefits for the children until the 6th year of age.</div>
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The maximum exposure it would be when 10 million births are reached. In the case we reach that peak the total fiscal budget would be of €70 bn. Even in this case, the greater financial resources of the families would be spent and it would go back to the government without great effort.</div>
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Third Strategy. Making a deal with all the private and public schools to build kindergartens by providing a contribution for every child of €100 a month with the rest being on the Government.</div>
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Fourth Strategy. Making a deal with the retirement homes in order to have in the same building the nursing homes and the kindergartens. It's good both for the children than for the elderly citizens.</div>
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Fifth Strategy. To increase safety and security in the streets by doubling the number of policemen. Increase the present labour force.</div>
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As we just saw it here, the crisis can be easily solved by developing a tax regulation. Even if on a continental level there won't be the chance to do it, a Prime Minister of any given country could easily make it with 2 months of work.</div>
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Two months to get rid of the crisis.</div>
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Why don't they do it then?</div>
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Luigi Foscale</div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Londra, Regno Unito51.511213899999987 -0.1198243999999704151.195100899999986 -0.7652713999999704 51.827326899999989 0.52562260000002958tag:blogger.com,1999:blog-6309410383041892411.post-8483675211701482842013-07-29T19:39:00.000+02:002013-07-29T19:39:29.990+02:00Unfreeze the Financial Power inside yourself<div style="text-align: justify;">
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In the past few days a friend of mine (whom I would define as “definitely wealthy”), expressed some worries over his financial assets which underwent a major erosion lately.</div>
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Because of increasing financial losses together with the real estate crisis, his incomes are not the same they used to be. And his spent is growing bigger day by day.</div>
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In practice he’s in that peculiar stage where the spent is higher than the incomes. </div>
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What really stunned me was considering the fact the man is smart, he’s not a rookie, he’s a man who knows what he does and he’s economically and financially literate. </div>
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Why he’s so worried then?</div>
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First factor. The worry. </div>
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As you may have read in my latest post, at the end of the day having a bad feeling might be helpful only for one thing: to realize that what you think does not match your desiderata.</div>
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The Law of Attraction tells us that what you think is what you get, even if it’s actually what you don’t want to happen. Because our mind does not distinguish between what we want and what we don’t want. </div>
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Whatever we think on an emotional level, that thing will get closer to us. </div>
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I know it might sound strange or even weird to most of you, but this is exactly what happens. </div>
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In this particular case, the worry is like a red alarm lighting up in our cockpit. </div>
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It tells us that something is not aligned with our will, but because we keep thinking about it, it’s going to get closer to us. This is the case in which you have to be awake, simply to realize that something’s wrong. </div>
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That’s what can happen to a wealthy man with a brilliant mind, someone who is financially literate and skilled enough to forecast a loss in the long term. </div>
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The second factor is our friend’s financial intelligence. Indeed he’s got all the skills to know if he’s getting richer or not. So his list of priorities (that helps him to filter the world’s events) is already well set upon the Retire Rich scale.</div>
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The sum of the first and the second factors together made me wonder: “Someone who knows how to make money with Rental Properties gets so worried…there should be something wrong here.”</div>
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That’s when I said to myself: “Luigi you absolutely have to know what’s wrong with this situation and let it know through the blog to all of your friends!”</div>
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As you just read, his worry is like an inner voice that says : ”hey, watch out! The spent is out of control and you have fewer incomes. Let’s get busy and do something to change this course…Meanwhile I am sending you a worrying message to let you know what’s going on”.</div>
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If you manage to understand this kind of signals you’ll be able to undergo a process of self-criticism and make the necessary changes to feel better. </div>
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The financial distress is very hard. It creates many worries and some of its consequences might be dramatic. But there’s a positive side, what goes around comes around if you take the right path. </div>
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The thing is, sometimes, even if you realize what’s the right thing to do, contingency is there to make things harder and you can screw up. </div>
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In these cases, it might be helpful to have a friend like a business saviour. That would make it easier for you to find a way out. </div>
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It’s not always said that you can break through but I have seen it working… for many.</div>
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One thing I want to say is I am not willing to tell here what’s the formula to become Rich or to become Richer, because mine is just life experience or better business experience. </div>
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That said, after we scrutinized our friend’s worry, which is motivated by facts and strengthened by the experience, I said to myself: “Luigi try to go deeper into this thing and make yourself an idea on what’s really going on”.</div>
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That’s when I started analyzing his portfolio.</div>
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His are properties in non-exclusive areas, which are hardly rentable. It became obvious that in a time of crisis like the one we are living now, fewer people would like to buy your property and even fewer would be interested in renting yours. </div>
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Properties in non-exclusive areas that are non-profitable. Plus you have to consider the expensive mortgages.</div>
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Eventually I analyzed his financial needs. A property rental that is certain and safe. </div>
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The worry finds its roots in the fact that it would be aimed at high profits but his assets don’t allow him to do so while he’s leading an expensive lifestyle. </div>
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This formula leads to impoverishment and you need to take drastic measures to stop it. </div>
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1. Drastic cuts to your lifestyle .What you can spend for current expenses has to be reduced to the essential. Cut! </div>
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2. Determine your Operating Cash Flow (OCF)- You have to calculate the incomes from every estate, decrease Condo fees, interest rate where applicable, amortization where applicable, a fixed amount for maintenance fees, property taxes and income taxes. If the result is negative, your property is a moneypit.</div>
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3. Do a nice mortgage analysis. At this point, I am revealing you the power of the financial lever and I make you an example. The lever is like electrical energy you can light up your bed room with it or you can give it to someone on the electrical chair or you can also get shocked with it. </div>
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Mortgages are very similar to electrical energy. A mortgage is useful only and solely if it helps you to produce cash flows. My advice is to make it with actual cash flow and not future. So that if the mortgage rates have interests that are too high, or the amortization are too fast, you should negotiate new conditions. </div>
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Simple to say, hard to do it. By yourself. Just in case I advise you to find a financial planner who can help you in finding the right financial product that better suits your needs. </div>
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4. At this very moment, by using the elements of the preceding points you can determine your Cash Flow by following the information already in your possess. The cash flow will be the result of the sum of all incomes, the business outcomes and your living expenses. Through the Cash Flow you can make simulations to understand if the properties you have possess all the requirements to be profitable and/or if some of them or others could be more suitable for your specific case. </div>
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5. After you know what you have to do, you can give the sales mandate to your real estate Agent. I always suggest to rely on trustable and expert Estate Agents because they know the market better than anyone. Although they have to be reliable, honest and work on your own interest. I am kind of lucky because I can rely on really skilled professionals.</div>
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I do work on these things very often on a weekly basis. It’s my training to enter the Retire Rich stage. </div>
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If you are reading this, you understand this can be very valuable, but then any situation is different and you can only rely on yourself and the expertise you were able to develop while working on the field as I do every single day. </div>
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I warmly invite you to read my other posts on financial wealth that you can find in the blog index. </div>
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You should also remember you can always contact us at <a href="mailto:luigiemanuelefoscale@gmail.com">luigiemanuelefoscale@gmail.com</a> I will personally take care of every email and I would provide you with valuable advice on every issue you may submit to my attention. </div>
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I would like to thank my worried friend for telling me about his situation and for providing me a chance of reflecting about this situation. </div>
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Obviously, I will never reveal his identity.<br /><br /> Luigi Foscale</div>
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Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Palau Sant Jordi, 08038 Barcellona, Spagna41.3616267 2.152988400000026615.839592200000002 -39.155605599999973 66.8836612 43.461582400000026tag:blogger.com,1999:blog-6309410383041892411.post-81186187857065259372013-05-05T19:31:00.000+02:002013-05-07T08:31:13.406+02:00Kelly Taylor of Beverly Hills 90210 is a positive icon for new generations<div style="text-align: justify;">
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Who doesn’t remember of Kelly Taylor from the hit tv series Beverly Hills 90210?</div>
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Kelly today has two marriages ended in divorce and from her second she had three children.</div>
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Kelly’s career skyrocketed with Beverly Hills 90210 a prime time television drama that aired on the FOX network from 1990 until 2000 for a total of 10 seasons in which she appeared in 292 episodes.</div>
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Now we read in the news that she is got a “down to earth” attitude about spending money.</div>
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"I'm nothing like Kelly Taylor. In fact, Beverly Hills is not my scene at all. Yes, I live in L.A. but I don't live in a mansion with a cook and a butler." "Every day, I get up and make breakfast for my girls. I sit on the rug during story time at my daughter's school"Every minute is precious, and now more than ever, every dollar I bring home, or manage to save, means more safety and security for my family and our future””. </div>
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Some malicious gossipmongers commented this recent statement with her recent divorce and by assuming that she’s in financial troubles.</div>
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From my point of view these comments are just meaningless as in my vision, at least from what she says, she’s got instead what I call some common sense. A mother who cares about her children and spend time with them is an excellent model for the young generations. </div>
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Back in the 90’s she was a model for teen-agers who are today’s family mothers. </div>
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In fact In September 2008, Garth returned to the role of Kelly Taylor on the series premiere of the CW Network's spinoff series, 90210. In the new series, Garth's character Kelly Taylor is now a guidance counselor at West Beverly High, a role that perfectly fits with the 41 years old actress. </div>
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In real life, Garth and her children just moved out from their 8,416 square feet Toluca Lake home, who she bought together with Twilight actor Peter Facinelli, back in 2005 for the price of $2.85 million and which they have now put back in the market for $5,995,000 after having spent an undisclosed amount to renovate it. </div>
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After her latest divorce from Peter Facinelli, Jenie became a divorced single mom and together with her kids she just moved into a Los Olivos ranch with four dogs, two goats, five cats, two small horses and a pig. </div>
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In many occasions Garth stood up for animal rights and because of this she’s got all my respect as I am an animal activist too. Obviously today is more newsworthy the fact that a Hollywood actress stays home with her kids rather than the ordinary news of someone who got caught for drugs-related crimes or for a hit-and-run under DUI. </div>
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Today a mother who stays home and at the same time is a (successful) actress is big time news, as a matter of fact being this the case, I totally relate to my wife who besides being a great businesswoman, she took a wise decision to stay home with our kid and personally grow him . That’s why she sold the famous Teatro Nuovo, one of the most important theaters in Milano. Obviously the choice of being just a mom, is absolutely a respectful choice, because motherhood is the most important job ever.</div>
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Some media speculated on Jennie Garth’s comment about money in a negative way, “every dollar I bring home, or manage to save, means more safety and security for my family and our future”.</div>
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Instead this comment reminds me a lot Benjamin Franklin famous say: “a penny saved is a penny earned”.</div>
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I actually think that her attitude about saving and about financial security has led her to be a rich person under many aspects. Or at least I assume so.</div>
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Let’s start with the fact that Jennie Garth appeared in 292 episodes of Beverly Hills 90210 running from 1990 to 2000, that’s a ten years total. Let’s consider for a moment that under a financial point of view she can only rely on the fortune she made with this series. </div>
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In order to net her incomes, let’s consider that the amount of her revenues for season remained the same along the years. </div>
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Let’s take some standard assumptions, because in this exercise we want to determine not the actress’ exact financial position but a more general approximate picture. </div>
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If we assume that with Beverly Hills 90210, back in the 90’s she made $30.000 for episode, Jennie made about 8.760.000 in 11 years, that means an income of about $800.000 a year. Let’s take these 800k as her whole income from the year 1990 to 2000.</div>
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At this point we could ask ourselves how much of that big amount of yearly incomes has been spent and how much is left out for investments and what kind of investment she made. </div>
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Here we present some possible scenarios:</div>
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The first picture is the one in which the person is lured by easy money and she spends all she gets. She doesn’t have a buck for investing and so she won’t have any potential income source. If Jennie had made this choice, now for her it would be very hard because she had to work to support her family, not considering her Alimony check. </div>
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I really wish she doesn’t fall in this picture. </div>
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The second scenario can be defined almost as “hilarious”. </div>
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Let’s speculate that for every working year of her life she only spent 20% of her total income and the remaining 80% she invested it in a series of 1 bedroom apartment in Upper East side Manhattan.</div>
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If this is the picture, her lifestyle would had been more sober during her working years, because instead of spending $800k per year she would had spent $160k circa. That’s always $13k per month, which during the 90’s was big money.</div>
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In this scenario, in 11 years of work she would had saved about $7 million, with which, back in the 90’s she could had bought 29 apartments for an average price of 240.000 bucks each. In this scenario, today she would had an estate of more than $14 million and an average value for each apartment of about $500k.</div>
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If this was the case, today she would had automatic incomes for more than $500.000 per year.</div>
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Not too bad…..</div>
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The third scenario is even more sparkling.</div>
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Let’s speculate she saved the 80% of her pay, like in the New York apartments case. If during the 90’s she had bought a 1 bedroom apartment in the best area of the Rumenian Capital, Bucharest, she would had bought at an average price of $30.000 per unit and now she would had more than 230 apartments. </div>
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Averagely, in 2013 those Bucharest apartments have an estimated value of $130.000, so her assets today would had been of over $30.000.000 and it would give her about $1.000.000 per year.</div>
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In practice if she had saved her money and invested in Bucharest, today she would had greater incomes than those she made working for the whole Beverly Hills series.</div>
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Obviously investing in East Europe it’s kind of difficult and you have to have the right connections there, I mean you have to work with people you trust and it’s thanks to this sort of “entrance filter” that today you can still make interesting profits in a city like Bucharest. </div>
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At this point I really wish Jennie had invested in real estate. </div>
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I conclude by saying that if during the 90’s, she had the same saving attitude she has today, at present she could had stayed with her family and spend quality time with her kids without worrying for anything. </div>
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She just by had to keep her account book right checking her incomes and outcomes. </div>
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I wish instead she did not let herself get caught in the wave of buying properties and making too much building improvements like it seems she did with her Toluca Lake home, because the market would not recognize her today, indeed it seems that home is still stuck on sale with the same pricetag.</div>
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In this article we saw how much important is saving your money, but how even more important is investing in real estate.<br />
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If you are interested on how to become a Retire Rich personality you can read my other articles or you can write me to: <a href="mailto:luigiemanuelefoscale@gmail.com">luigiemanuelefoscale@gmail.com</a> . I will personally respond to your email as soon as possible.</div>
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Yours,</div>
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Luigi Foscale<!--[endif]--></div>
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<span lang="EN-GB" style="font-family: Calibri; mso-ansi-language: EN-GB;"><o:p></o:p></span> </div>
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P.S.</div>
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<span lang="EN-GB" style="mso-ansi-language: EN-GB;"><o:p>Why if Benjamin Franklin makes a statement everybody applauds, while whether a good looking female says the same thing the very same crowd puts her down? I would like to debunk the false myth that an attractive person cannot be also smart and intelligent on a several levels: financially because she knows how to manage her assets and emotionally because she stays home with her children. All my respect to the attractive women who are also clever and a big applause to my wife who gives me the inspiration for this article. In fact still at today the under-representation of women in influential position are still a problem, all over the world, and this is a very serious matter because if we keep women out of our game we give up a crucial human resource who can instead make an enormous difference in our own future.</o:p></span></div>
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<span lang="EN-GB" style="font-family: Calibri; mso-ansi-language: EN-GB;"><o:p></o:p></span> </div>
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<span lang="EN-GB" style="font-family: Calibri; mso-ansi-language: EN-GB;"><o:p></o:p></span> </div>
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<span lang="EN-GB" style="font-family: Calibri; mso-ansi-language: EN-GB;"><o:p></o:p></span> </div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Burj Al Arab Hotel 2 - Dubai - Emirati Arabi Uniti25.135754 55.18817100000001125.132160499999998 55.183128500000009 25.1393475 55.193213500000013tag:blogger.com,1999:blog-6309410383041892411.post-31701639109006552122013-04-02T14:05:00.000+02:002013-05-05T19:31:47.807+02:00Sting, Music & Business<div style="text-align: justify;">
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In our past posts we examined how many big names with great incomes, went from riches to rag and died in poverty.</div>
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How many times you read of this and that superstar’s jewelry being sold in a public auction? </div>
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Or how many times you read on the papers about that NBA star ending in jail for whatever reason?</div>
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Unfortunately there’s a number of these examples. </div>
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If you want to know it all, the list is going to grow… indeed I would really like to reveal who’s the next basketballer who’s going to get broke. I really do but I hold it back. </div>
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Luckly, there are some music stars instead who are not just world famous singers, they also are great businessmen.</div>
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These are the people we should admire because they have been both successful in their art as well as in their business career, and in some cases they made their real money in this last one.</div>
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Today we talk about Sting.</div>
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According to the Sunday Times, Sting is one of the richest artist of England. Obviously everyone can imagine he made some serious money, however instead of wasting it in shenanigans like many of his colleagues, our man invested in many real estate properties. </div>
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His Real Estate list goes from NYC, London, Malibu and a number of properties in the countryside. </div>
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One of these properties is of particular importance because other than being really beautiful is also profitable (please allow me this personal judgement) and it supports his image of businessman.</div>
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You read it right. It’s profitable, it helps in supporting his image and staying there is a real pleasure. </div>
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How could this be possible? </div>
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Well that’s very simple.</div>
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Sting is a great businessman and he was able to exploit his real estate qualities and bring them out to their top.</div>
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Let’s start with his Tuscan property he and Trudie Styler own in Figline Valdarno about 45 minutes southeast of Firenze, a 300 hectares property (about 741 acres) in the world’s most exclusive countryside. The farm is called Il Palagio, (the ancient Tuscan word for Palace, a word used during the Renaissance age) which they bought from the Duke Simone Vincenzo Velluti Zati di San Clemente. Sting and Trudy they get it restored and even expanded the property with more acres (today is about 900) and they converted all the farming to Biodynamics.</div>
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At the Palagio, they produce and sell wine, Extra virgin Olive Oil and honey. Obviously their main production is wine. They hired top professionals for their business as their viticulturist is Alan York, while their Enologist is the world famous expert Paolo Caciorgna. </div>
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The property lies in one of the best areas of the Chianti. The property includes: farms, vineyards, historical buildings and from all the above listed elements combined we can conclude his food products are of the highest quality level. Indeed we know their wine and their organic olive oil are exported both in England and in the US and are sold in places like Harrods in London or Dean and Deluca in the US. </div>
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A second key element is the land. Tuscany’s land is absolutely unique, there’s no other place in the world like the Tuscan countryside and you can talk to whoever has been there he can tell you he immediately fell in love with it. Many of them bought a home there and for many is a permanent holyday destination. This made Tuscany a world’s famous tourist destination. </div>
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Of course there are other elements that made Tuscany famous abroad, Just consider the fact that the British Royals love Tuscany and when they want to spend some time there, they go visit their Tuscan peers, as still at today many land owners in the Chianti Regions are noble families who own their properties as part of their family old heritage. </div>
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However, if we talk about creating value, what’s really smart is to link excellent food products from a world famous land to a world famous music star who campaigned for environmental issues countless times. </div>
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What a better way to support the environment than apply biodynamic farming into your own land? Besides we know Trudie donates a percentage of all profits to the environmental causes she and Sting support, like the Soil Association, which promotes organic food and farming in the U.K., and the Rainforest Foundation, which the couple founded in 1989.</div>
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I really admire Sting for the way he managed to create his Tuscan business and how he did manage to communicate it. </div>
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Investing in Tuscany can be really an excellent investment other than a real pleasure. </div>
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At this point I wish you know you can follow this profitable wave of investing in Tuscany and if you are interested in it, you can write directly to myself at <a href="mailto:luigiemanuelefoscale@gmail.com">luigiemanuelefoscale@gmail.com</a> </div>
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I will be happy to help you out with whatever question you might have regarding investing in Tuscany.<br />
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Luigi Foscale</div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Greve in Chianti FI, Italia43.5906402 11.320416443.4066762 10.997692899999999 43.774604200000006 11.6431399tag:blogger.com,1999:blog-6309410383041892411.post-48751140045131432502013-04-01T21:51:00.000+02:002013-04-01T21:53:31.550+02:00How to follow our Community on the MediaDear Friends,<br />
<br />
after a so big audience I recap you all the place you can follow our community:<br />
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<br />
@Facebook: <a href="http://www.facebook.com/retirerichfoscale">www.facebook.com/retirerichfoscale</a><br />
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@Twitter: <a href="https://twitter.com/luigifoscale">https://twitter.com/luigifoscale</a><br />
<br />
@Financial Times: <a href="http://clippings.ft.com/luigifoscale">http://clippings.ft.com/luigifoscale</a><br />
<br />
@Axet Real Estate Management Company: <a href="http://www.axet.net/">www.axet.net</a><br />
<br />
@Youtube: <a href="http://www.youtube.com/watch?v=kpwlnavOk68">http://www.youtube.com/watch?v=kpwlnavOk68</a><br />
<br />
<br />
Stay tuned!<br />
<br />
Luigi FoscaleLuigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Belgrado, Serbia44.8205556 20.46222220000004244.4601046 19.816775200000041 45.181006599999996 21.107669200000043tag:blogger.com,1999:blog-6309410383041892411.post-5853645974185984522013-03-23T22:19:00.000+01:002013-05-05T22:36:55.152+02:00Luigi Foscale on Eastern Europe<div style="text-align: justify;">
Why if in Italy a bank goes bankrupt nobody in the world would care about, while if maybe the island of Cyprus (whose value is equal to two Italian banks) the world seems to crumble?<br />
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This month I posed myself this question and I answered with what you can read below.<br />
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This article’s subject is aimed to show you how some of the weak economies could provide some inputs to reflect on.<br />
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We have examined a number of Eastern European economies and we compared them to the average West European data, and to the so called rich countries, among them: USA, UK, Germany, Finland, Denmark and Israel. </div>
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Of these countries we have taken into consideration the number of inhabitants, the median age, the life perspectives, the unemployment rate, the total GDP, the GDP per capita, in the years 2010/11/12 and we also made a forecast. </div>
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First of all we examined Poland. Among all the East European countries Poland is a relatively young country with 38,8 median age. It’s the 21st country in terms of GDP with $802 bn. The unemployment rate is of 20.7% that is particularly high. A positive element is the GDP per capita, that goes from 19,700 USD in 2010 to 20,500 in 2011 to 21,000 in 2012. </div>
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The second country we picked up is Romania. A country with a large population with a youthful median age. Its GDP IS OF $274 bn, the 49th world’s economy. Even in this case the GDP per capita has grown from 12,400 to 12,800 since 2010 to 2012. </div>
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The most meaningful data is the unemployment rate that is of 4,3% only, which is an excellent result if we consider the middle term perspectives. </div>
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The third country we look into is Bulgaria that despite it has less inhabitants respect to Romania and Poland, it has grown its GDP per capita from 13,500 to 14,000 to 14,200 for the years 2010 /11 and 2012.</div>
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Greece has few inhabitants more than Bulgaria (10m vs 7m),however its data are negatives, because of the economic crises that crunches the country since a while. The unemployment rate is 24.4%. Almost a person over 4 is unemployed and he’s looking for a job. Besides, Greece has suffered an increasing continuous loss of its GDP per capita from 28,700 to 26,700 to 25,100.</div>
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Dramatic data. The drastic drop of the GDP per capita leads the country to have a contraction in their productivity, that is echoing in job cuts, first of all in the private sector. </div>
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The private sector employees have a drop in their consumption, companies pay less taxes and the government has less budget also for public servants who are sent home. This way they create more unemployment and more crisis. The country appears to be in a self-feeding downward spiral with no chance of going upwards.</div>
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The GDP per capita increases in Poland, Bielorus, Bosnia, Bulgaria, Czech Republic, Hungary, Macedonia, Ucraine (+10% GDP per capita in 3 years!) Russia (+10% GDP per capita in 3 years!) and Azerbaijan. </div>
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We’ll now analyze the numbers in terms of absolute value. Greece has a GDP o f 280, Poland 802, Romania 274, Israel 247, Finland 198, Denmark 208. </div>
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If you look at the Rumenian GDP, you’ll notice that the Rumenian economy isn’t that small. This is due to three factors. A fiscal policy that sees an average taxation of 16% that allows the black market to surface in a natural way and not in a coercive way like it happens in the so called “rich economies”. </div>
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Romania is an example of how you can take advantage from globalization, because since the end of the Communist era, back in the 90s, the local governments, have created the basis to attract foreign investors who brought there their production plants and chains. </div>
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This led to a substantial growth of the GDP and a growth of industrial activities. In practice even governments are in competition among them to attract the good customers (foreign companies and investors).</div>
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Another data that is meaningful is unemployment. Let’s see the countries that we all consider as rich. The unemployment rate in Liechtenstein is of 2,8%, in Switzerland is 3%, Japan 4,4%, Austria 5,2%, Denmark 6,4%, Germany 6,5%, Finland 7,8%, USA 8,2%.</div>
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You think all these countries are rich?</div>
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Under a certain point of view you could affirm that in rich countries there’s a high employment rate. This is supported by an economy that produces products demand. In practice in rich countries demand supports jobs. </div>
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So it’s better to invest in those countries which have a high employment rate?</div>
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Sure, because countries with high employment rate have average salaries that keep growing. Average salaries are connected to the residential real estate values. If we compare the average salaries with the real estate prices, you will notice that values are balanced. The average salary is a crucial indicator through which I decide where I am going to invest in real estate.</div>
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Now if I am telling you that Azerbaijan has an unemployment rate of 1%, Croatia of 3,4%, Russia 6%, Bulgaria 9,9, Romania 4,3%, you think these are business opportunities too?</div>
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While you are reading these words, if you already asked yourself if this giant world crisis was manipulated by someone, now you know it’s better to learn as much as possible, studying the economic data in order to have a clear idea of the situation. An idea that has to be yours only and not dictated by someone else.</div>
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If you don’t understand the numbers and you think they are difficult to grab, don’t worry, I want you to know that they are made difficult on purpose, because this way those in the government can better control their own interests. </div>
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In the end it’s really Cyprus so scary with its 10 bn bailout, that is a bit more of what has been given to save an Italian bank or two years of property tax in Italy? </div>
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Dear Reader open your eyes!</div>
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Luigi Foscale</div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Mosca, Russia55.749646 37.62368000000003655.177707 36.332786500000033 56.321585 38.914573500000039tag:blogger.com,1999:blog-6309410383041892411.post-55798052725790369512013-02-25T12:12:00.000+01:002013-02-27T11:52:22.207+01:00Angelina Jolie and Brad Pitt did it too…<div style="text-align: justify;">
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According to the <a href="http://latimesblogs.latimes.com/gossip/2010/07/brad-pitt-angelina-jolie-buy-house-italy.html">L.A. Times</a> the Jolie-Pitt have bought a huge farm in Italy. The couple joined a long list of celebs who found in Italy that special place where to secure their own investments.</div>
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The Jolie-Pitt family have bought <a href="http://fr.wikipedia.org/wiki/Villa_Costanza">Villa Costanza</a>, a 4.4 acres property in the Valpolicella, the renown wine-production area in the Veneto Region. </div>
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<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEii2FmGYKelvRbpdu2B6mNP-CwPfVH3D3yWCk3aYDm1TM0klfEKwy0MGC-_ghde2bY_IlyfOBxtGs4ALG9ddzcRtje_RQ5rkhbiJHT26BlVXToiWkwWCcNy2UTY4htq9fbbVC_-VejHMh8u/s1600/64834_220853401386037_1742170147_n.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="" border="0" height="297" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEii2FmGYKelvRbpdu2B6mNP-CwPfVH3D3yWCk3aYDm1TM0klfEKwy0MGC-_ghde2bY_IlyfOBxtGs4ALG9ddzcRtje_RQ5rkhbiJHT26BlVXToiWkwWCcNy2UTY4htq9fbbVC_-VejHMh8u/s400/64834_220853401386037_1742170147_n.jpg" title="Villa Costanza Brad Pitt and Angelina Jolie" width="400" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Villa Costanza - Brad Pitt and Angelina Jolie</td></tr>
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At present the Villa is named after the founder (Costanza Caldera from Bergamo) of the Religious institution that owns the property since 1953, The Pious Mothers of Negrizia.</div>
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The Saibante family were the property owners since the end of 1500 until the beginning of the last century, when they left the property for the family's extinction. Eventually the Monga family succeeded. Today's visible structures are datable to the early decades of the 1600. The Palace is an upside-down U shape with two façades. The main one has an outstanding body and two aisles which are perpendicular to it; the one facing north looks at a fountain with a marble group. On the ground floor we find a porch that goes along the three sides of the building. The west wing, that already embodied some cottages,it was eventually uplifted, while in the late 700 it was probably used as stable. The noble floor windows are rectangular-shaped, while the center of the facade sticks out with three giant windows decorated by a nun from the institute. The courtyard is closed by a little wall in which are set 6 mythological statues preceded by two tuff-made lions. On the inside there's a well which origins goes back to 1623. Inside the buildings there are two large halls, one with a Cotto pavement and another with a Soffitto a Cassettoni (Lacunar ceiling). The other in its central body and stuck off on the courtyard has a stucco decorated ceiling and walls frescoed with landscapes. Today is used as Chapel. In the first hall, that is decorated with frescoes by Verona born painter Paolo Ligozzi (1629), high pedestals prop up two telamons (colossal marble male figures used as columns,) holding up two Ionic Capitals upon which the roof beams are based.</div>
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Paintings of army leaders and of continents are plugged into fake niches and in the overdoors. From the ancient garden there's not much left out: the fountain and an artificial grotto. The park was devastated by the Germans during World War II. There are still a few architectural pieces from the collection of Andrea Monga. </div>
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The area is a world famous enotourism spot, whose grow is of stellar proportions thanks to its Amarone and the Spumante. Let’s not forget Valpolicella is just a hour drive from Venice, what could be a better connection between the dolce vita and a great real estate investment?</div>
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A growing number of celebrities and big investors are choosing Italy and first of all Tuscany to invest their assets but other regions are entering the target list and Veneto is obviously one of them and not just because of Venice. </div>
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<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5PvRcXm5E1b-TgldGPSCTKfBCHSYeGML3oeIRAQKn6ZqVMIkYg_bTl2dFQIhoWIq9tJkcISYggRCIJOWrGrcP92x_IVen9XmckRtEZdto16reQnj_lQ6hcpef0oxPzj2Z2rUj1WqzQh1M/s1600/pall.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Retire Rich by Luigi Foscale" border="0" gsa="true" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5PvRcXm5E1b-TgldGPSCTKfBCHSYeGML3oeIRAQKn6ZqVMIkYg_bTl2dFQIhoWIq9tJkcISYggRCIJOWrGrcP92x_IVen9XmckRtEZdto16reQnj_lQ6hcpef0oxPzj2Z2rUj1WqzQh1M/s320/pall.jpg" title="Luigi Foscale" width="320" /></a></td></tr>
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Let’s not forget Veneto is the home of the Palladian Villas, a series of XVI century properties designed by Architect Andrea Palladio for the wealthy Venetian Merchants of the Renaissance period. As many of you certainly know, the Villa Rotonda (or Villa Capra) by Andrea Palladio was taken by Irish Architect James Hoban as model for the project of the White House in Washington D.C. </div>
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Indeed all the Palladian Villas are protected by UNESCO as part of a World Heritage Site.</div>
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Although here is not just a matter of cultural heritage. As a matter of fact the very first reason for buying here is beauty, the beautiful landscape, the beautiful architecture, the monuments, the Palladian Villas, then there’s the wine, and the delicious food… </div>
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All these elements are tourism attractions and tourism brings money. That’s why buying a property in Veneto is a very valuable investment, because it’s a tourist attraction, and any property lying in any tourist spot has an additional value to its square meters.</div>
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A property in an Art city can be considered like an AAA bond thanks to the economy linked to it and the many people who come see it and who work with its visitors. A Coffee shop in front of the Arena di Verona will always be in business, like any other travel and lodging business in any classical tourist site. Is this brick culture or culture of brick? </div>
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In this case it’s both. The connection between culture and brick as investment is very profitable. If we follow the cultural economy equation we’ll find out: <br />
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Unique Culture = Interest = Tens of millions of Tourists = retail businesses that work = properties linked to Culture that are crowded = properties that return value.</div>
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Obviously you don’t have to be a millionaire to be part of this high return business.</div>
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Luckily also those who only have €100G can be part of this investment plan and regarding the growth, the sky’s the limit.</div>
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Besides investing in Italy which is the nation with the 90% of the world art heritage and the highest number of UNESCO protected sites, it also means having the chance of enjoying yourself the value of culture by enriching your knowledge (that never hurts) and more important by investing in highly valuable cultural sites you give the local economy a contribution to preserve the world’s heritage. </div>
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In the end, if you think like the Jolie-Pitt family, that Culture is a great investment form, and that buying a triple A real estate bond can be a profitable choice, you re on the right page. </div>
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You will find really <a href="http://www.axet.net/">Great Opportunities in Florence</a>, (which by the way is the Queen of the world Art cities) starting from a few hundreds thousand Euros.</div>
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I personally invest in Culture-related properties and I find myself very comfortable with it. </div>
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Investing in Culture is the best investment you can do because it helps growing your pocket, your knowledge and your spirit too!!!</div>
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Luigi Foscale</div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com4Venezia, Italia45.4408474 12.31551509999997145.396279400000005 12.23483409999997 45.4854154 12.396196099999971tag:blogger.com,1999:blog-6309410383041892411.post-41138060749100841202013-02-18T17:12:00.000+01:002013-02-23T16:42:10.002+01:00A Real Retire Rich Story<div style="text-align: justify;">
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This week I would like to submit you a very interesting case study that it was also showed on Discovery Channel’s “Europe’s richest people”. </div>
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Indeed I think it’s extremely important to study rich people, how they did make their fortune and how did they manage to keep their wealth along the years.</div>
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I won’t reveal this person’s name for now but I can anticipate he’s a famous pop singer who went through some real hard times before he made it and who during his long career he collected something like 87 among gold and platinum discs. </div>
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What’s interesting however is the fact that instead of squandering all of his money in a short time or living a losing life which would had ended in misery, like many people in the sport or in the show business, (among them even some American basketballer who at the latest London Olympics instead of focusing on his own job, tried to pick up another discipline’s gold medallist girl who was instead very smart and flatlined him).</div>
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During his whole career our singer saved up a fortune of about $110 million and he has been living with his wife for more than 40 years. Together they have four children, nine grandchildren and a beautiful dog.</div>
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I think it’s a great example of a Retire Rich story. </div>
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How did he do it? </div>
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Let’s study together the money psychology of this Retire Rich leader.</div>
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First of all he knew the show business was an erratic world and our singer was enough smart he knew money had to be invested in real estate.</div>
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With this simple-as-abc statement our singer managed to build a fortune along the years. </div>
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It’s amazing to see how such a very simple statement may change a man’s destiny. He was convinced that in an erratic environment you needed financial stability. </div>
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And he was right.</div>
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While you are reading these words, you understand you can adopt these beliefs too, you understand your financial destiny depends on what your beliefs are. Rich beliefs attract wealth.</div>
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In addition, our singer pronounced some words that could be considered as a real manifesto: “Always invest in the brick ‘cause it’s steady….it’s one of the best investments ever”. “Bricks can’t be spent, they’re there…. I am not a great businessman, my job is singing.”</div>
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“Always invest in the brick.“</div>
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”...it’s one of the best investments...”</div>
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“...Bricks can’t be spent...”</div>
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While reading these words, you understand that the right intuition about money can also lead you to wealth.</div>
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Attention and care over his fortune in the early years allowed this singer to keep his wealth. </div>
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“How to handle money is very important in today’s world”.</div>
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“You have to be careful.”</div>
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“You could have made millions, and find yourself with your bank account empty.”</div>
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“Always look after your money.”</div>
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This is an entrepreneurial lesson. You have to learn how to manage your money.</div>
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Would you know what he invested on?</div>
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Our singer bought homes and hotels in different places: Las Vegas, Hawaii and Mexico. One of his best buy was the Pink Palace in Los Angeles, that he bought in the 70’s from a Hollywood diva for a knockdown price and which he sold in 2002 for $4 million. </div>
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While you are reading this and you feel you want to become a millionaire too with many rental properties, you can start by looking for the properties that will lead you to wealth at this web address: <a href="http://www.axet.net/index.php?option=com_jea&view=properties&Itemid=79&lang=en">Axet Rental Properties</a>.</div>
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Don’t forget properties are the best investment as stated by a millionaire who has been accumulating properties for 40 years.</div>
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Our singer’s name is <strong><a href="http://en.wikipedia.org/wiki/Engelbert_Humperdinck_(singer)">Engelbert Humperdinck</a></strong>.</div>
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He knows what life worth...</div>
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I really admire him and I wish to be an example like him one day. </div>
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Luigi Foscale</div>
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Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Londra, Regno Unito51.5170986 -0.1460838000000421751.200975099999994 -0.79153080000004217 51.8332221 0.49936319999995782tag:blogger.com,1999:blog-6309410383041892411.post-32862877368439525552013-01-17T23:20:00.000+01:002013-01-18T11:53:24.514+01:00The Wealth & Health Manifesto<div style="text-align: justify;">
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I know many people whose only goal in life is to accumulate wealth. According to the common logic, a successful person is someone who owns a large luxury house, a sporting car, a basketball team…the list could go on and on.... and there are also many specialized magazines that keep their readers up-to-date about the latest must-have gadget. </div>
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However my personal experience taught me that despite many of these material things could satisfy our sensorial pleasure, I am deeply convinced that real success isn’t just about material things. </div>
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According to German Psychologist Erich Fromm there are two modes of existence struggle for the spirit of humankind: the having mode, which concentrates on material possessions, power, and aggression, and is the basis of the universal evils of greed, envy, and violence; and the being mode, which is based on love, the pleasure of sharing and in productive activity. <br />
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I don’t wan’t to debate here Fromm’s thesis but I think that after considering these two approaches it makes more sense “being” a person of success. </div>
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At this regard I would like to make a real example: there’s this man that we’ll call him “The Banker”. This is a real person but as this blog aims at being an inspirational source even from unsuccessful stories, we won’t report his name here and we’ll leave it anonymous. </div>
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The Banker graduated cum laude, he worked top jobs in a major financial consulting firm and eventually became the CEO of one of the major Financial Groups of the planet. </div>
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As a banker he made very audacious choices, and the market followed its gut. The media supported him and praised him for his great organizational skills. Afterwards he resigned from office and his stock option package was equal to an eight digit check. </div>
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From the professional point of view he did a great job. In addition, if you had to make a ranking about the most successful people on an European scale, our Banker would be mentioned among the first five. </div>
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However if I would tell you his son is a drug addicted and spend 6 months a year in rehab centers while his wife has an affair with her personal trainer, would you still judge him as a successful man? </div>
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What do you think he would feel when he’s about to go to bed at night... is he proud about what he created? <br />
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Will he be a happy man who’s accomplished about his own life? <br />
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I had the chance to meet him and I can say that nonetheless he’s an extremely powerful person, I think he’s hiding a deep sense of depression and frustration. <br />
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Why? <br />
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Because success, real success, it’s ALSO economic success but it’s not just that. <br />
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Can you define yourself a successful person if your affective life is a total disaster? <br />
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No. <br />
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Until the Western Civilization’s ethics would be exclusively founded upon material wealth, our civilization it can't be defined as really evolved. <br />
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Real success, in my opinion and on my life experience, it’s based on 5 areas that have to be in perfect balance: <br />
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1. Health <br />
2. Love <br />
3. Wealth <br />
4. Social health <br />
5. Entertainment<br />
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Let’s see them one by one: </div>
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<u><strong>First Wealth Area. Health</strong></u><br />
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Ancient Romans used to say: “Mens sana in corpore sano”. [1]<br />
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I don’t think there’s a better expression than this. <br />
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In my opinion “Mens sana” means to be serene and mentally stable. Having no problems that take your sleep away. Being what endocrinologist Hans Selye define as Eustress. Not too much loaded not too much down. A just mid-measure that allows you to be centered on your own being. <br />
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There are some techniques, I have been using for years and of which I can guarantee their effectiveness. <br />
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Every day, do 15 minutes of Meditation. You lie down in a quiet spot and you focus on your own breath. If your thought shifts to something else from your breath, you have to focus back on your breath. During the exercise you feel really light and quiet, often it might happen you enter the REM phase. <br />
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Another technique is to try visualizing yourself and your objectives as they were already accomplished. Our mind indeed doesn’t make a difference between a visualization that has been lived in first person and what happens in reality. <br />
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Another advice is to dedicate some of your daily time to an activity you like. For example you can listen to your favourite music, you can pat your pet or practice your favourite sport. This would help you to unplug your mind from the daily routine. <br />
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The "corpore sano", means to be perfectly fit. Practicing sport and following a healthy diet. <br />
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This means keeping yourself away from possible illness. Keep yourself in good shape and in good health is an activity that guarantees you the reach of other spheres of wealth, so it can take you one step closer to the real success. <br />
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Unfortunately it can happen you get sick, even in a serious way. As everyone of us, I happened to live very unfortunate moments. When I was a teen-ager my father had cancer and at the beginning, it was a real blow both for me and for my family. <br />
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However despite living a great state of distress, I did not let my downside get me down to the despair and since day one I tried to react to this thing by facing it with my interior strength, to which I relied on instinctively. Since the beginning I tried to transfer my inner energy to the other members of my family, first of all to my father who was the one who was physically suffering. The strength I tried to give him was to help him fight his disease. <br />
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I always faced difficult moments like this as a real personal challenge and I tried to not let myself be in despair. Nonetheless I was living a great state of suffering bur I never gave up, because deep in my heart I knew, I was sure I would had break through it because I wanted it with my whole being to be back living the life I had before. This way, even if going through an enormous suffering I made myself the way to overcome these difficult moments. <br />
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This experience provided me with the self-confidence that was necessary to face and to overcome any test that I would had undergone later in my life. <br />
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During my teen years my life was completely dedicated to sport. I played Rugby, Ice Hockey and Sailing. <br />
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I used to play in the Milan Rugby team and I joined the team in South Africa in 1995. There was the national World Cup.<br />
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Our first match in the calendar was with the Harlequins, a world famous team of the Premiership. Obviously it was a team that was way stronger than us under many points of view. However since the first time I knew we had to meet them, I told myself: "don't be discouraged, do your best and you ll be ok with yourself and your consciousness". <br />
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The match was going really bad for us when I found myself in the typical "life dilemma" kind of situation. I had two chances, completely different from one another. <br />
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Option 1 I could have got rid of the ball and save myself from the tackle but it would have meant to give up the chance of scoring the try. <br />
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Option 2 I could have tried to keep the ball and running at full throttle targeting the try straight ahead. I had to consider though that by pointing the try I had to break through the defence line with a concrete chance to suffer a fracture somehow. Although it was a lifetime chance. <br />
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A real dilemma indeed. <br />
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Without hesitating I tried to break the defence line and after a number of physical adversities and a couple of headlong falls I scored the try but my shoulder cartilage was totally gone. <br />
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Our team had ended the changes because of the player accidents and I kept on playing despite the pain. We obviously lost the game but we gained the respect of the world champion team. <br />
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Today after a series of complex surgical operations I am still disabled and I had to give up both Rugby and Sailing, although as a consolation I have a story to tell, a story whose absolute protagonist is the strength to which we can turn to in those moments of difficult when we don't know where to grasp and the only thing we can rely on it's ourselves and our inner strength.<br />
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<u><strong>Second Wealth Area: Affection</strong></u><br />
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Living without affection leads to loneliness, a grey area and a slow sense of emptiness. <br />
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Whoever you love, my suggestion is to harvest affection. In order to harvest affection you have to spend some of your active time with your loved ones. <br />
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For some people affection comes from their parents, for others it's their children, in many families even brothers and cousins are a source of affection so as pets they can be both source and the recipients of our affection. <br />
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My advice is to harvest your affection for what it's possible to yourself, because in the long term affection is the only element of strength in the life of everyone of us. <br />
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<u><strong>Third Wealth area: The economic wealth</strong></u> <br />
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For many people it's the main objective. </div>
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As I said before, material accomplishment is very important because money can allow you to do certain things they would be difficult or impossible otherwise. <br />
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Money is energy. If you possess it in great quantity it allows you to have a life with more chances. <br />
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Those who say money isn't important he lies and he knows he lies because our society and its mechanisms they are all based upon money since thousands of years ago. <br />
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Great amounts of money can assure yourself the best healthcare assistance, edgy cares and dedicated physicians. A number of American schools are private (even if they have scholarship programs for talented students, which I totally agree with).<br />
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However the real economic wealth isn't connected to possessing a certain status symbol. <br />
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I think instead that economic wealth is also a personal status of totally subjective nature. <br />
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"You are in the economic wealth range when you have automatic incomes which are higher than current spending". This is the wealth level I defined as Retire Rich. <br />
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To be at this level of wealth you have first of all to "feel rich". <br />
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It's absolutely crucial to convince yourself you live in a world of abundance and wealth. Even in a difficult moment as this, it's absolutely fundamental to see and feel yourself as rich. And if while you are reading these words you are thinking of your debts, you have to be aware that according to the law of attraction you are attracting even more debts. <br />
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According to the law of attraction you ll get what you think of today. <br />
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So it's absolutely crucial to see yourself as a rich man. <br />
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Although this isn't all. You also have to put in practice the tricks I explained in my latest post: The Survival Handbook. Do your Cashflow, set your goals and track them. <br />
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So you have to get busy in a constructive way in order to achieve your economic wealth and you will see you ll have the success you deserve. </div>
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<u><strong>Fourth Area. Social Wealth</strong></u> <br />
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In life you always have to seed. <br />
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The more you seed the more you pick up then. <br />
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If in your life you have been lucky, it's necessary to share what you have with those who don't have it yet. <br />
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At this point you could ask me. Are you asking me to do a sort of charity? <br />
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Absolutely yes. <br />
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I do charity and many people like me do it as well. Everyone of us has its own area. Everyone of us has his own skills. But it's very important to share what we have. <br />
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If you are too poor to share something economically, you just need to lend your work for a social cause. For example you can help out kids in an orphanage or go visiting elderly people who live in a perennial state of solitude. <br />
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Luckly we live in a world in which there are a lot of charities. You really can do a lot with very little. Believe me. <br />
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I personally help both little children who urgently needs surgical operations and abandoned dogs to find a home out from the Italian-shelter-lagers. <br />
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I have adopted three marvellous little dogs that were going to die. One is called Blacky. She's an interbred between and American Staffordshire and a Pintscher; it's a very sensitive pet. When she looks at me while I am eating I am able to read her eyes full of terror because of her past life starving fear, that she felt when she was in that shelter. I really feel shivers when I think of what she could have felt in her past. <br />
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Pilly is a foxy half breed which when I have adopted her she suffered pneumonia and was under-fed. After many intensive cares, she is now ok and she got strength and force. She always play with my 2 year old son and when she's with him she checks everything is cool. It almost seems she's working: when my son wakes up in the night or he's not well she comes to my bed to wake me up. <br />
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Princy is the latest she's been 7 years in a little cage that did not allow her to grow up. She's got her back legs broken and calcified so she cannot walk. She came at our home sick of every possible disease. She risked blindness and she was bleeding. After two months of antibiotics and highly specialized cares, now she's ready for a surgical operation in which they will put in place a prosthesis on her knees. The professor who is following her case he's the world number one, he said it's his second case so tragic but he's positive he's going to make her walk again. <br />
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Who knows how would she feel after seven years she didn't walk!<br />
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When I look in their eyes I read gratitude and sometimes I also see their sad memories, that are linked to the terrible past they lived. Although they know that now they are loved and protected. <br />
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I am an animalist and I am proud of it. <br />
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I know that when I come back home they re waiting for me. <br />
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It's not true that dogs don't talk. They talk with their eyes. </div>
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<u><strong>Fifth area. Entertainment and Culture</strong></u><br />
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Time is a subjective variable of which anyone has a different perception. <br />
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In order to feel well, it's important to cut out so much time to feel satisfied from it. <br />
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Did you ever think how time flies away when you re doing something you like and how it does never flow when you re in line in the surgeon's waiting room? <br />
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If you like it time is the most important resource in your life. <br />
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You have to know how to manage it otherwise it would handle you. <br />
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Don't be afraid about cutting out some space for yourself. These bits of time are crucial because they allow you to feel better. Obviously abusing your free time can lead to perdition or to moral dissolution. <br />
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It doesn't matter how much time but the quality of the time you dedicate to yourself. <br />
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Free time is fundamental for any person who wants to define himself as a successful person. <br />
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Some economists say that wealth can be measured in months... in the number of months you are able to survive without working while keeping up with the same life tenure you are used to. <br />
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Obviously there are also other methods to calculate wealth level. <br />
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Time is fundamental and having free time isn't a luxury it's a necessity. <br />
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In one word: have fun. </div>
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As you had the chance to read we have been talking about health, affection, money, sociality and free time. <br />
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You don't think I did not suffer by leaving the sports I loved?<br />
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Very much.<br />
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However, in the past few years I have been thinking a lot about my life experiences, and I have tried to make a lesson, a moral lesson out of it, for myself and my children, something I could have transferred to my future generations. What I came up with was the idea that the real wealth and the real success in the end it's to have developed a formula that allows yourself to face any future challenge that the life presents you ahead. </div>
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I personally developed my formula upon my life experience and my formula is based upon inner strenght and the affection of my loved ones. <br />
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Once you got these two things you are ready for any challenge that can be ahead of yourself. <br />
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Have a nice journey<br />
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Luigi Foscale<br />
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[1] a healthy mind in a healthy body.</div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0tag:blogger.com,1999:blog-6309410383041892411.post-37695898927536837382012-12-15T15:27:00.000+01:002014-02-04T14:24:39.397+01:00Europe expects Italy to speak only German<div style="text-align: justify;">
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<u>Italy’s government crisis</u></div>
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International media are widely covering the Italian crisis. The picture that comes out is a glowing image of political, financial and social uncertainty.</div>
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The scenario portrayed in the newspapers is not the best one. The banks are still reluctant to lend money. Businesses going bankrupt. Protests are planned across the country. Nobody knows when the elections will be held.</div>
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Being Italian I think we are in very troubled moment.</div>
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Luckily there is a “but”.</div>
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I would like to convince you to think in a different way. This blog’s mission isn’t that of supporting a certain political party, neither to back Italy to the detriment of other countries. My objective is You, my reader who by reading these words, You want to boost your income more and more, and I am here to help You in the creation of your wealth.</div>
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So the “but” is very simple.</div>
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<u>The revealed scheme</u></div>
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In my precedent posts I have revealed some big investor’s trick. With their left arm they ditched Italy while with their right arm they had bought Italian TBonds. In less than 6 months these people made a 25% profit.</div>
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Now you have to consider how big is the Italian public debt...so you consider what kind of sky-high revenues they were able to make. </div>
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The scheme is very simple. Through the help of the media I ditch a product (Italy) and in the meanwhile I buy at knockdown prices. Once I bought enough assets I stop my discrediting campaign and I wait for the market to normalize. Then I sell my assets. </div>
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This scheme is totally risk-free because Italy wasn’t at risk before the crisis nor it was at risk after the crisis. </div>
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A friend of mine who is a banker, used to say “knowledge is power”. He was right.</div>
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This is the time to invest in Italy. This is the best time to invest in Italy.</div>
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Why? Because Italy is strong. </div>
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However now I would like to stimulate your brain with a question. Did you ever think to the reason why some publicly discredit Italy? </div>
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<u>Italy is a strong country that annoys some world big players</u></div>
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However Italy has also some faults that limit its economy a lot. These are Italy’s weak points that are usually criticized:<br />
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- Unstable system;<br />
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- Italian culture of kickbacks and stealing peanuts;<br />
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- Thinking small, parochialism. Everywhere there are opposite factions carrying atavic hate that is spread all over the country (think to the Palio di Siena’s contradas);<br />
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- Italy’s government is always in crisis;<br />
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- Government waste a filthy amount of money and newspapers publish detailed expense notes of public officials (champagne, caviar, lotteries, video-games, beauty salon...);<br />
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- Great private investments stuck by Bureaucracy;<br />
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- Private companies left at the mercy of themselves without an international economic policy aimed at supporting them worldwide;<br />
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- Lack of Tourism infrastructures;<br />
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- Corruption;<br />
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- Tax Brackets at 85%.<br />
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All these problems are widely covered by the media. All these problems make appear Italy like a Banana Republic.</div>
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However Italy has also some records:<br />
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- It’s the 5th country in the world for cultural tourism, just think to Rome, Venice, Florence, Romeo & Juliet’s Verona, Pompei, Sicily’s valley of temples;<br />
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- The food industry is incomparable, with the Pasta, the Pizza, the espresso ( did you know that the Starbucks concept was born during a trip to Milano?), The Chianti, the Sassicaia, The Ruffino wines, the Spumante, the Parmigiano Reggiano, the prosciutto, the best oils in the world are Italians. Italy is also a prime producer of Caviar with Agroittica Lombarda;<br />
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- Tourism industry is on a roll in terms of tourist presence in locations like Forte dei Marmi, Cortina d’Ampezzo, Porto Cervo, Portofino, Capri, Jesolo;<br />
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- The Italian heritage is the most important in the world: Leonardo da Vinci, Raffaello Sanzio, Michelangelo, Caravaggio, Garofalo, Coreggio, Tiepolo, the XX century De Chirico, Pellizza da Volpedo, Fontana, Rotella, Paladino and the contemporary art scene where the Venice Biennale is a world appointment, while among contemporary art Italy is in a leading position with artists like Francesco Vezzoli, Maurizio Cattelan, and many others;</div>
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- Religious tourism is also a very rich industry with the Vatican, San Giovanni Rotondo, the Loreto Sanctuary , San Francesco d’Assisi and many others;</div>
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- The motor industry has some excellences which speak for themselves: Ferrari, Maserati, Lamborghini, Pagani, Ducati, Moto Guzzi, MV Agusta bikes and Agusta helicopters;</div>
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- The nautical industry has the best shipyards: Benetti, Perini Navi, Riva, Baglietto, Cantieri di Pisa, Mochi, Crn Ancona, and many others;</div>
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- Design: Giugiaro and Pininfarina;</div>
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- Then the Theater and the Opera: Teatro alla Scala, Arena di Verona, Torre del Lago, La Fenice di Venezia, il Nuovo di Milano, Teatro Verdi di Firenze; to mention some names in the music field: Verdi, Puccini, Bellini, Rossini, Vivaldi, and many others are still bringing the Italian language around the world;</div>
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- Sport: Ac Milan the world’s most titled club, Juventus FC, FC Internazionale, the Ferrari in Formula 1 and the Monza Gran Prix, the Giro d’Italia for Cycling;</div>
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- Weapons: According to the Sole 24 Ore the industry increased by 5%, major companies are: Fiocchi Ammos, Beretta, Tanfoglio, Franchi, Benelli e Fincantieri. Benelli and Beretta are Official Suppliers of U.S. Armed Forces;</div>
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- Fashion Industry: Armani, Valentino, Gucci, Versace, Prada, Cavalli, Boggi, Brioni, Kiton, Marinella, which are some of the major global player in the fashion field;</div>
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- Furnitures: Poltrona Frau, Chateau d’Ax, Natuzzi divani, Poliform and many luxury kitchen brands like Scavolini, Snaidero, Maistri, Varenna and many others. Then there are many other small companies that export their products all over the world; </div>
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- At this rate, finishing such a list It would take forever;<br />
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- Italian families have savings that are averagely higher to those of any other European country.</div>
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However here the point is if in Italy there are so many strong points that support it even in moments of crisis, what’s the reason behind the international media campaign to ditch its economy so much? </div>
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The reason is found in a simple manipulative technique operated by our market opponents, who focus on certain weak aspects of our economy to magnify them in order to distract the attention from our strong points. Also, Italy doesn’t possess any major global media to defend itself from any global media attack. </div>
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The likelihood becomes real. This way Italy is globally known for all its scandals and not for all the things that really work here. Consequently House prices and company values drift lower. </div>
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Italy is a very rich country and can be annoying to many big players. </div>
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If they ditch Italy these big players can buy Italy’s goods at knockdown prices while in the normal market they would worth much more.<br />
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So? </div>
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Don’t believe those media that vilify Italy. </div>
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Come to Italy; there isn’t a better time than right now to invest in Italy. </div>
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Luigi Foscale</div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Venezia, Italia45.4408474 12.315515145.4185649 12.276033100000001 45.463129900000006 12.3549971tag:blogger.com,1999:blog-6309410383041892411.post-55386995639467741722012-12-07T22:04:00.001+01:002012-12-09T19:21:50.361+01:00The Black Sea: Crossroads of History<div style="text-align: justify;">
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Once upon a time, the Black Sea was a huge freshwater lake. At the end of the last ice age, because of a sudden climactic warming, glaciers began to melt and consequently, the world’s oceans began to rise.<br />
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In 5,600 BC, the Mediterranean Sea broke through a natural land “dam” where today there is the city of Istanbul. This geological event created the Bosporus Strait, allowing vast amounts of seawater to flow into the previously fresh waters of the Black Sea. Carbon-14 radio-dating methods support this viewpoint.<br />
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Its ancient name was Pontus Exinus (the inhospitable sea).<br />
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The Black Sea was explored and colonized by the Greeks in the 8th century B.C. and later by the Romans in the 3rd century B.C. Its commercial importance grew from the Greek dominance to the Byzantine Empire, when the capital of the Roman Empire became Costantinople.<br />
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When the Ottomans invaded Constantinople and changed it into Instanbul, the Black Sea was closed to foreign commerce until 1856 when the Treaty of Paris which settled the Crimea War and made the Black Sea a neutral territory, closing it to all warships and prohibiting fortifications and the presence of armaments on its shores. The treaty marked a severe setback to Russian influence in the region. However since then, the Sea re-opened for business to all nations interested in commerce.<br />
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The Black Sea is home to some of humankind’s most intriguing legends like Jason’s Gold Fleece and Noah’s Ark.</div>
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Maritime explorer Bob Ballard mostly known for the discoveries of the wrecks of the RMS Titanic in 1985 and of the battleship Bismarck in 1989 he is combing the floor of the Black Sea in search of the remains of ancient dwellings, which would buttress a new theory that a cataclysmic flood struck the region some 7,000 years ago—swelling the sea and eventually becoming the basis of the Noah story.<br />
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Ballard’s research has been extensevely featured through a special programming on National Geographic Channel. </div>
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Troy, Constantinople, Istanbul, Sevastopol, Odessa, and Yalta are just a few of the names in this coastal area that have been carved in world history.<br />
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From the Christian Crusades to the collapse of the Soviet Union, the Black Sea has witnessed major religious and political changes which greatly influenced human history.<br />
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Today, the Black sea is a melting pots of cultures, traditions, religions and historical memories. It’s still a vital trading crossroads, with major ports along its coast, the commercial fisheries, a diversity of marine life, beautiful tourist beaches and unique archaelogical sites.<br />
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The recent discovery of ancient wooden ships in the floor of the Black Sea has grown a renewed interest in its underwater treasures and history. In 1976, Willard Bascom suggested that the deep, anoxic waters of the Black Sea might have preserved ships from antiquity because typical wood-devouring organisms could not survive there. At a depth of 150m, the Black Sea contains insufficient oxygen to support most familiar biological life forms.</div>
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The Black Sea has six bordering countries: Bulgaria and Romania on the west, Ukraine on the north, Russia and Georgia on the east, and Turkey on the south.<br />
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<u><strong>Bulgaria</strong></u><br />
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The Bulgars were a Caucasian-turkish tribe which formed the first Bulgarian nation in the 7th century. In 1389, the Ottoman Turks took over Bulgaria and nearly 500 years later Bulgaria regained independence with the help of Russia.<br />
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Eventually Bulgaria fell under the Soviet influence and in 1946 became a People's Republic.<br />
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The Communist regime ended in 1990, when the country held its first free elections since World War II and began its path towards democracy.<br />
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In 2001, Simeon Borisov Saxe-Coburg, the former king of Bulgaria who was forced from his throne after World War II, returned to power as Prime Minister.<br />
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Bulgaria is a unique mix of ethnic groups: Bulgars, Slavs, Thracians, Armenians, Greeks, Romans, and Turks. Some villages have a church, some have a mosque, and some have both. Bulgaria is a peaceful nation which is a pretty rare quality in the Balkans area.<br />
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Bulgaria relies on the Black Sea for fishing, commerce, and tourism with its major beach resorts. Varna is the country's largest seaport and second-largest city. Bourgas and Sozopol are the primary fishing ports, Tsarevo is a major touristic hub.<br />
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<u>Did You Know That? — About Bulgaria</u></div>
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- In Bulgaria, shaking your head from side to side means "yes," and nodding your head up and down means "no."</div>
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- Sofia's Alexander Nevski Church is the largest Orthodox Church in Europe.</div>
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- The Cyrillic alphabet was developed in Bulgaria by the saints Methodious and Cyril.</div>
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- Orpheus, the great musician of Greek myth, whose songs could charm wild beasts and coax even rocks to move, was said to have been born in the ancient land of Bulgaria.</div>
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- Bulgarian food uses minced or grilled lamb, beef, veal, pork, pickles, lamb's cheese, and yogurt. Ayran, a yogurt thinned with water, is a popular drink that looks like milk. Traditional Shopska salad is made with tomatoes, cucumbers, and peppers and topped with feta cheese.</div>
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- The most important commercial port is Bourgas.</div>
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- The Corporate Income Tax in Bulgaria is 10%.</div>
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- More than 80% of households own the home free from mortgage.<br />
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<strong><u>Romania</u></strong><br />
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The name Romania comes from the Latin word “Romanus” that means Roman, however the nation’s current name has been in use only since the second half of the XIXth century.<br />
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Before that time its name was Wallachia or Moldavia.<br />
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In Romania there are both strong European and Turkish influences, as Romania was part of the Ottoman Empire until 1877.<br />
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Romania's political history of the past century has been marked by political instability and violent revolutions: after World War II, King Mihai was forced to abdicate, forced by the Communists, and Romania became a "People's Republic."<br />
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In the 1960s, Nicolae Ceausescu took over the Communist Party leadership and instituted increasingly oppressive measures. He was overthrown and executed in late 1989.<br />
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Currently, Romania is a democracy and recently joined the European Union.<br />
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Romania has a chain of resorts, a "string of pearls," along the Black Sea coast. The largest urban center and seaport is Constanta. The sun, air, Black Sea water, and thermal mud treatments at these resorts are said to have restorative powers.<br />
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<u>Did You Know That? — About Romania</u><br />
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- The Roman poet Ovid was exiled to the Romanian coast by Emperor Augustus in 8 A.D. He wrote some of his most important work there, such as Tristia, which expresses his sadness at being far from home.<br />
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- Romania's Lake Rosca is home to Europe's largest pelican colony.<br />
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- Famous Romanians range from Count Dracula (Vlad the Impaler) in Transylvania to the modern sculptor Constantin Brancusi.<br />
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- Zakuska is a traditional spread made from roasted eggplant, peppers, and tomatoes. Almost all Romanian.</div>
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- The Corporate Income Tax is 16%.</div>
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- More than 80% of households own the home free from mortgage.</div>
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Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0tag:blogger.com,1999:blog-6309410383041892411.post-29008205339888886522012-12-01T19:15:00.000+01:002012-12-01T19:15:26.413+01:00My Private Banking in Real Estate<div style="text-align: justify;">
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Dear Friends,<br /><br /> This week’s op-ed is a letter, because I d like to share with you the reasons that led me to conceive the Real Estate Private Banking not only is effective but is actually necessary to overcome this moment of crisis.<br /><br />First of all let’s see how this idea was born.<br /><br />Since the end of the 90’s I began to manage my fortune. When I began I told myself: “if I lose, I lose my money, so you should do it the good way”. For this reason I did all I could, to work out the best possible outcome. </div>
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<br />After many analysis and in-depth studies, I had sensed that properties could provide continuous cash flows to uphold the living standards and a protection against Inflation.<br /><br />And even if before the crisis, rental properties were almost boring for many financiers, I had taken my decision.<br /><br />Today, after 4 years of persisting crisis, I have seen many of those financiers go bankrupt. In these years of crisis, I have seen many Hedge Fund ending belly up.<br /><br />What’s weird is before the crisis, these people were like Einstein.</div>
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Likewise I have also seen that rental properties (if were good deals), they toughed it out.<br /><br /> Obviously real estate values went down too, however those who invested for the rental income in a time that was not the highest ever, nonetheless today is still very respectable.<br /><br />As i said, 14 years ago, I started to manage my fortune. After a while some of my relatives came to me asking for advice and eventually even the management. In the meanwhile I organized myself and I have grown up until when, in 2006 I decided to quit my job as employee to start my own business. Since then an always growing number of people did contact me to be advised on real estate investment or to solve their financial problems.<br /><br /> Today after years of working, I am proud to be the head of Axet Real Estate Management that operates on a global level. </div>
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<br />If you want more information you can visit <a href="http://www.axet.net/">www.axet.net</a><br /><br />If you want to contact me you can write to retirerichbyluigifoscale@yahoo.com<br /><br />A dear greeting with the deepest respect and admiration,<br /><br />Luigi Foscale<br /><br /> </div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Milano, Italia45.4654542 9.18651645.3763652 9.0285874999999987 45.554543200000005 9.3444445tag:blogger.com,1999:blog-6309410383041892411.post-79190749594933452832012-11-26T21:29:00.001+01:002012-11-26T21:29:31.764+01:00GMO abandons Bond MarketDear Friends,<br />
<br />
<a href="http://clippings.ft.com/lists/luigifoscale" target="_blank">click here and check this article </a>on the Clippings: Retire Rich by Luigi Foscale on the Financial Times.<br />
<br />
Yours<br />
<br />
Luigi FoscaleLuigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0tag:blogger.com,1999:blog-6309410383041892411.post-13998566514544077232012-11-24T15:56:00.001+01:002012-11-24T15:58:18.635+01:00Private Banking in Real Estate: It’s Italy time<div style="text-align: justify;">
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We are experiencing a new Copernican shift.<br />
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Today in Italy Private Banking is in everyone’s range if you conceive it as Real Estate Private Banking.<br />
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Let’s see together some aspects of present day’s scenario. </div>
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First clue: The crisis. In my latest posts we have been examining the crisis. Now a few months have passed and the crisis has become an opportunity because prices are incredibly low. Crisis means low price. Crisis also means perfect timing. Prices are low at this very moment, so you have to take advantage of them. Carpe diem.<br />
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Milan is Italy’s richest city, time on the market is passed by 2 to 6 months for a property in a prime area. Prices lowered of an average 30%, however in certain cases the demand to cash out is so high that the seller also accept reduced offers of 50% compared to the 2007 values.<br />
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For this reason, today investing in Italy and mostly in a city like Milan has become a unique and unrepeatable opportunity.<br />
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Even Florence can be an excellent area for a real estate investment. What do you think of a € 2.000 (per sq. mt.) for a nice apartment?<br />
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Before 2008 such prices would have been absolutely unthinkable….Actually, to make an offer with today’s prices would had been even offensive in some case.<br />
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If you like to know more about or if you have specific need, you can contact me at <a href="mailto:retirerichbyluigifoscale@yahoo.com">retirerichbyluigifoscale@yahoo.com</a> . I will get back to you personally.<br />
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Second clue. The Brand. In Africa there are 1 billion people and according to Reuters this number is set to double in the next 40 years. <a href="http://www.reuters.com/article/2012/04/18/uk-africainvest-summit-demographics-idUSLNE83H02M20120418" target="_blank">Read this study from Reuters.</a><br />
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Same thing for China and India. So there are 3 billion people today and 6 billion in the following 40 years. The majority of these people dream and will dream about doing the world famous Italy’s Grand Tour to visit Rome, Florence and Venice….I call this the Tourism Brand.<br />
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The World Tourism Organization reports the following ten countries as the most visited in terms of the number of international travellers.<br />
<span lang="EN-GB" style="font-size: 11pt; mso-ansi-language: EN-GB;"><o:p><span style="font-family: Calibri; font-size: small;"> </span></o:p></span></div>
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<b><span style="font-family: "Arial","sans-serif"; font-size: 10pt;">Rank<o:p></o:p></span></b></div>
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<td style="background: rgb(242, 242, 242); border-color: rgb(170, 170, 170) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: solid solid solid none; border-width: 1pt 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; padding: 2.4pt 15.75pt 2.4pt 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 10pt;">Country<o:p></o:p></span></b></div>
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<a href="http://en.wikipedia.org/wiki/World_Tourism_Organization" title="World Tourism Organization"><b><span style="color: windowtext; font-family: "Arial","sans-serif"; font-size: 10pt;">UNWTO</span></b></a><b><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"><br />
</span></b><a href="http://en.wikipedia.org/wiki/United_Nations_geoscheme" title="United Nations geoscheme"><b><span style="color: windowtext; font-family: "Arial","sans-serif"; font-size: 10pt;">Region</span></b></a><b><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"><o:p></o:p></span></b></div>
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<b><span style="font-family: "Arial","sans-serif"; font-size: 10pt;">International<br />
tourist<br />
arrivals<br />
(2011)</span></b><a href="http://en.wikipedia.org/wiki/Tourism#cite_note-WTO2012Highlights-3"><sup><span style="color: windowtext; font-family: "Arial","sans-serif"; font-size: 10pt;">[3]</span></sup></a><b><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"><o:p></o:p></span></b></div>
</td>
<td style="background: rgb(242, 242, 242); border-color: rgb(170, 170, 170) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: solid solid solid none; border-width: 1pt 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; padding: 2.4pt 15.75pt 2.4pt 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 10pt;">International<br />
tourist<br />
arrivals<br />
(2010)</span></b><a href="http://en.wikipedia.org/wiki/Tourism#cite_note-WTO2012Highlights-3"><sup><span style="color: windowtext; font-family: "Arial","sans-serif"; font-size: 10pt;">[3]</span></sup></a><b><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"><o:p></o:p></span></b></div>
</td>
<td style="background: rgb(242, 242, 242); border-color: rgb(170, 170, 170) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: solid solid solid none; border-width: 1pt 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; padding: 2.4pt 15.75pt 2.4pt 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<b><span style="font-family: "Arial","sans-serif"; font-size: 10pt;">Change<br />
2010<br />
to 2011<o:p></o:p></span></b></div>
</td>
</tr>
</thead>
<tbody>
<tr style="mso-yfti-irow: 1;">
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170); border-style: none solid solid; border-width: 0px 1pt 1pt; mso-border-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">1<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt; mso-fareast-language: IT; mso-no-proof: yes;"><v:shapetype coordsize="21600,21600" filled="f" id="_x0000_t75" o:preferrelative="t" o:spt="75" path="m@4@5l@4@11@9@11@9@5xe" stroked="f">
<v:stroke joinstyle="miter">
<v:formulas>
<v:f eqn="if lineDrawn pixelLineWidth 0">
<v:f eqn="sum @0 1 0">
<v:f eqn="sum 0 0 @1">
<v:f eqn="prod @2 1 2">
<v:f eqn="prod @3 21600 pixelWidth">
<v:f eqn="prod @3 21600 pixelHeight">
<v:f eqn="sum @0 0 1">
<v:f eqn="prod @6 1 2">
<v:f eqn="prod @7 21600 pixelWidth">
<v:f eqn="sum @8 21600 0">
<v:f eqn="prod @7 21600 pixelHeight">
<v:f eqn="sum @10 21600 0">
</v:f></v:f></v:f></v:f></v:f></v:f></v:f></v:f></v:f></v:f></v:f></v:f></v:formulas>
<v:path gradientshapeok="t" o:connecttype="rect" o:extrusionok="f">
<o:lock aspectratio="t" v:ext="edit">
</o:lock></v:path></v:stroke></v:shapetype><v:shape alt="http://upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/22px-Flag_of_France.svg.png" id="Immagine_x0020_1" o:spid="_x0000_i1025" style="height: 11.25pt; visibility: visible; width: 16.5pt;" type="#_x0000_t75">
<v:imagedata o:title="" src="file:///C:\Users\luigi\AppData\Local\Temp\msohtmlclip1\01\clip_image001.png">
</v:imagedata></v:shape></span><span class="flagicon"><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"> </span></span><a href="http://en.wikipedia.org/wiki/France" title="France"><span style="color: windowtext; font-family: "Arial","sans-serif"; font-size: 10pt;">France</span></a><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"><o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">Europe<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">79.5 million<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">77.1 million<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">+3.0%<o:p></o:p></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170); border-style: none solid solid; border-width: 0px 1pt 1pt; mso-border-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">2<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt; mso-fareast-language: IT; mso-no-proof: yes;"><v:shape alt="http://upload.wikimedia.org/wikipedia/en/thumb/a/a4/Flag_of_the_United_States.svg/22px-Flag_of_the_United_States.svg.png" id="Immagine_x0020_2" o:spid="_x0000_i1026" style="height: 9pt; visibility: visible; width: 16.5pt;" type="#_x0000_t75">
<v:imagedata o:title="" src="file:///C:\Users\luigi\AppData\Local\Temp\msohtmlclip1\01\clip_image003.png">
</v:imagedata></v:shape></span><span class="flagicon"><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"> </span></span><a href="http://en.wikipedia.org/wiki/United_States" title="United States"><span style="color: windowtext; font-family: "Arial","sans-serif"; font-size: 10pt;">United
States</span></a><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"><o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">North America<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">62.3 million<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">59.8 million<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">+4.2%<o:p></o:p></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3;">
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170); border-style: none solid solid; border-width: 0px 1pt 1pt; mso-border-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">3<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt; mso-fareast-language: IT; mso-no-proof: yes;"><v:shape alt="http://upload.wikimedia.org/wikipedia/commons/thumb/f/fa/Flag_of_the_People's_Republic_of_China.svg/22px-Flag_of_the_People's_Republic_of_China.svg.png" id="Immagine_x0020_3" o:spid="_x0000_i1027" style="height: 11.25pt; visibility: visible; width: 16.5pt;" type="#_x0000_t75">
<v:imagedata o:title="" src="file:///C:\Users\luigi\AppData\Local\Temp\msohtmlclip1\01\clip_image005.png">
</v:imagedata></v:shape></span><span class="flagicon"><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"> </span></span><a href="http://en.wikipedia.org/wiki/China" title="China"><span style="color: windowtext; font-family: "Arial","sans-serif"; font-size: 10pt;">China</span></a><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"><o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">Asia<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">57.6 million<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">55.7 million<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">+3.4%<o:p></o:p></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 4;">
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170); border-style: none solid solid; border-width: 0px 1pt 1pt; mso-border-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">4<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt; mso-fareast-language: IT; mso-no-proof: yes;"><v:shape alt="http://upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/22px-Flag_of_Spain.svg.png" id="Immagine_x0020_4" o:spid="_x0000_i1028" style="height: 11.25pt; visibility: visible; width: 16.5pt;" type="#_x0000_t75">
<v:imagedata o:title="" src="file:///C:\Users\luigi\AppData\Local\Temp\msohtmlclip1\01\clip_image007.png">
</v:imagedata></v:shape></span><span class="flagicon"><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"> </span></span><a href="http://en.wikipedia.org/wiki/Spain" title="Spain"><span style="color: windowtext; font-family: "Arial","sans-serif"; font-size: 10pt;">Spain</span></a><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"><o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">Europe<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">56.7 million<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">52.7 million<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">+7.6%<o:p></o:p></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 5; mso-yfti-lastrow: yes;">
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170); border-style: none solid solid; border-width: 0px 1pt 1pt; mso-border-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">5<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt; mso-fareast-language: IT; mso-no-proof: yes;"><v:shape alt="http://upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/22px-Flag_of_Italy.svg.png" id="Immagine_x0020_5" o:spid="_x0000_i1029" style="height: 11.25pt; visibility: visible; width: 16.5pt;" type="#_x0000_t75">
<v:imagedata o:title="" src="file:///C:\Users\luigi\AppData\Local\Temp\msohtmlclip1\01\clip_image009.png">
</v:imagedata></v:shape></span><span class="flagicon"><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"> </span></span><a href="http://en.wikipedia.org/wiki/Italy" title="Italy"><span style="color: windowtext; font-family: "Arial","sans-serif"; font-size: 10pt;">Italy</span></a><span style="font-family: "Arial","sans-serif"; font-size: 10pt;"><o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">Europe<o:p></o:p></span></div>
</td>
<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">46.1 million<o:p></o:p></span></div>
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<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">43.6 million<o:p></o:p></span></div>
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<td style="background: rgb(249, 249, 249); border-color: rgb(0, 0, 0) rgb(170, 170, 170) rgb(170, 170, 170) rgb(0, 0, 0); border-style: none solid solid none; border-width: 0px 1pt 1pt 0px; mso-border-alt: solid #AAAAAA .75pt; mso-border-left-alt: solid #AAAAAA .75pt; mso-border-top-alt: solid #AAAAAA .75pt; padding: 2.4pt;"><div align="center" class="MsoNormal" style="line-height: 14.4pt; margin: 12pt 0cm; text-align: center;">
<span style="font-family: "Arial","sans-serif"; font-size: 10pt;">+5.7%<o:p></o:p></span></div>
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</tr>
</tbody></table>
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The figure shows in the past two years Italy had the highest percentage of growth in International Tourist Arrivals after Spain whose first position is due to the internal economic crisis that made its prices plummeting. Source: World Tourism Organization (UNWTO)<br />
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However this favourable situation needs to be supported, structured and promoted. At this regard, I recommend you my post in which I describe my formula to restart Italy’s economy. <br />
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Third clue. Property Management. <br />
<br />
Property Management is now a well established practice globally. Indeed in the U.S. or in other economically advanced countries you can find a great number of companies that are able to manage your property. Despite the fact Italy always had a bad reputation about business management, the situation has now changed. In fact property management has become an established practice in Italy and there are many companies and professionals in this business. <br />
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The most important clue is the fourth, that concerns those who are in charge in Italy. <br />
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The so-called big wigs they know very well Italy is not at risk under the financial point of view and the undersigned is absolutely positive at this regard because I had the chance to learn that many “big shots” are now investing in both commercial and residential properties in the major Italian cities.<br />
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Talking to some of these people and to people next to them, I had the impression that all of them are convinced Italy is not in such bad waters as they want us to believe...but the contrary.<br />
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And they are totally right because as some Wall Street broker said some time ago:” Italy is too big to bail out”.<br />
<br />
So you may now asking yourself: ”why Italy is often compared to Greece?”<br />
<br />
Simple: Media are arm in arm with those in the government. Nobody goes against “the system”. Indeed, if this community is so successful is because somebody thinks that reality is way different from the one media want us to buy every day .<br />
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And they do it for their own advantage: indeed media are ditching something they are buying at the same time in total silence. Do you remember my post in which I revealed the secret of the spread mechanism?<br />
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There it goes. Now it’s the time of the Real Estate market.<br />
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Italy won’t fail.<br />
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Remember these words: It’s Italy time.<br />
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There are very interesting properties in Florence, Milan as they are the place with more opportunities. Today you can buy an apartment with less than 180 grand.<br />
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I am always by your side, because I am one of you<br />
<br />
Watch out!<br />
<br />
Luigi Foscale, One of you<br />
</div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0Milano, Italia45.4654542 9.18651645.3763652 9.0285874999999987 45.554543200000005 9.3444445tag:blogger.com,1999:blog-6309410383041892411.post-86957884676141880402012-11-20T00:38:00.001+01:002012-11-20T00:38:30.719+01:00Downgrading France!!Dear Friends,<br />
<br />
Moody's downgrades France... For more information, <a href="http://clippings.ft.com/lists/luigifoscale" target="_blank">click here and follow the Clipping List "Retire Rich by Luigi Foscale".</a><br />
<br />
Yours<br />
<br />
Luigi Foscale<br />
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0tag:blogger.com,1999:blog-6309410383041892411.post-78543161322502660532012-11-18T00:14:00.002+01:002012-11-20T00:20:51.750+01:00Warren Buffett is the businessperson of the year 2012<div style="text-align: justify;">
Dear Friends,</div>
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</div>
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Fortune's readers elected Warren Buffett as the business person of the 2012. He is the Chairman and CEO of Berkshire Hathaway (<a href="http://money.cnn.com/quote/quote.html?symb=BRKA" target="_blank">BRKA</a>).</div>
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Personally, I admire much him and many of his book are in my personal library. In this period of crisis he is a positive leader. </div>
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</div>
<div style="text-align: justify;">
Yours </div>
<div style="text-align: justify;">
</div>
<div style="text-align: justify;">
Luigi Foscale</div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0tag:blogger.com,1999:blog-6309410383041892411.post-3261012129539305682012-11-17T12:19:00.001+01:002012-11-17T12:20:11.733+01:00Article on Financial TimesDear Friends,<br />
<br />
in the Clippings Retire Rich by Luigi Foscale on the Financial Times you can read new interesting articles.<br />
<br />
You can <a href="http://clippings.ft.com/lists/luigifoscale" target="_blank">click here to get the news.</a><br />
<br />
Yours<br />
<br />
Luigi FoscaleLuigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0tag:blogger.com,1999:blog-6309410383041892411.post-58260970070676318932012-11-16T12:00:00.000+01:002012-11-19T18:37:14.365+01:00The Yes Generation<div style="text-align: justify;">
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In my latest post, <a href="http://luigifoscale.blogspot.it/2012/11/no-generation.html" target="_blank">"The No Generation"</a> , I dealt with a difficult reality. However if I decided to write that post it's to let people understand that a hope does exist. </div>
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Indeed there is also a Yes Generation.<br />
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If the NG is the NO generation (no job, no income, no asset), the YG is represented by who has a job who makes money or has an asset, like properties or a patrimony.<br />
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If I had to mark the main psychological traits of the YG, I would say optimism and self-confidence to its own future are the main features.<br />
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On the opposite, the NG is passive, pessimist and tends to complain about its own condition.<br />
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The YG has many problems as well because it lives in a situation of general crisis. However it's the very desire of redeem itself, to express its own creativity that pulls the YG to think mainly how to overcome any problem. </div>
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It would be wrong to paint the YG like a generation that lives an idyllic situation or that it pleases itself in the la la land.<br />
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However if it handles to overcome its problems it's because it sees beyond. It's because it's focused on its goal, on the solution and not on the problem. If we had to re-read it all, the YG applies the attraction law in a positive way; the NG applies it in a negative way.<br />
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If your mental attitude is continuously moaning about the situation you found yourself, the result will be to attract more problems. If your attitude is instead to find a solution to the problems, so it's easier to get out of it. And to build up something.<br />
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So your creative desire together with the planned action are the fundamental features of the YG.<br />
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Those who belongs to the NO Generation, you can't say they don't want to be successful. Everyone can say that loves to be successful, but to desire something in a generic way it's not enough. in order to be successful you got to do something.<br />
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However, despite the global crisis in which we find ourselves today, we might find the Yes generation acting in the most unexpected places, like in Eastern Europe, where many young successful folks found their way. </div>
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I am talking about folks I personally know. It's about young people between 23 and 40 who live in countries like Russia, Romania, Bulgaria, Poland and the common thread it's the typical YG features: Creativity, Problem Solving attitude, being optimist rather than spending your time moaning.<br />
<br />
An YG example is given by C, a Croatian physician who graduated in Medicine in Rijeka (HR). Since not a long time she moved to another country and today she works in a Health Care Center.<br />
C lives with his boyfriend who also has a job, she bought a house with a mortgage and she's now planning to have a family. Why this story should be considered so extraordinary?<br />
<br />
Simply because this physician is only 24 years old and in a country like Italy for example when you re 24 you re still in school like a good Italian slacker!<br />
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In Italy many people even in their 30's or 40's they still have to decide what direction they will take, they live with their parents...in Italy this situation is so spread out that they also made tv shows on this category of people without provoking any kind of disdain because that's a situation that completely fits with the concept of normal for Italy's culture.<br />
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In many countries when you re 24 you re a grown-up person since a long time.<br />
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Italy fully represents the NO Generation attitude. Complaining is an usual custom.<br />
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If you talk to a retailer you will realize these people always complain about something both we are in a financial crisis or in a surplus.<br />
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Italians have a bad habit because not only they complain about almost anything, but worse they don't do anything to change their situation. Actually they try to find other people who are in their same situation of disquiet, or better failure and once they find each other, once they're together they can better hate and envy whoever is successful.<br />
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This is the major difference between the YG and the NG.<br />
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If somebody today thinks to be in a better situation only because he lives in a "rich" country he makes a great evaluation mistake. </div>
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Those who live in advanced capitalism countries, the so called rich countries, they are actually living in mature economies (or worse "old economies") And mature economies have many debts... because they are countries that have been living for years in over their heads.<br />
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In a little while all the chickens will come home to roost. Actually they already came, you can look at the unemployment level of the young people in Italy....<br />
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Personally I admire the Yes Generation, of whatever country, religion or ethnic group they belong to. The YG is a generation that wants to create its own future with their own hands. The YG is transversal because there are people with similar features in different world areas.<br />
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Today the world has new balances, you have to be quick and pick them up. Otherwise you re left out.<br />
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What worked three years ago, today it doesn't work anymore. Once they said "you study you become an engineer, and you find your way to the industry" . Today it isn't true anymore, so those who based their own lives upon this certainty in a little while they will receive bad news...<br />
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The Axiom "I live in a rich country and I have a permanent position ( I relax myself) it's not valid anymore, because today we live in a new era with a new physics.</div>
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The Western World generation that today is between 25 and 45 should learn from who has found his way or is making a fortune in the BRIC countries (Brasil, Russia, India, China).<br />
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Look how many company managers under 45 there are in Russia and you make a comparison with Italy....In Italy there are people in Congress since when Nixon was at the White House.<br />
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We have seen that there exist a YG and a NG and these two represent two different ways to understand life. At this point, I would rise a question. How can I in a simple word distinguish the two generations? And again, how can I understand in a very short time if a person belongs to the YG or the NG?<br />
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The answer is very easy.<br />
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When you feel if you are hungry or you feel your stomach is full, you are able to understand if you are a Yes or a NO.<br />
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The truth is that hunger is the basis of everything. The burning desire to be successful is the real key to success.<br />
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If we pick up the hunger metaphor as a key to success, we have to acknowledge that unfortunately the only thing that the NG has learned "is to find their dish ready" as they say in Italy, in other words they never learned is to stand on their own feet. And that's exactly what made them so weak.<br />
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And now that they have to make a living on their own they don't know how to do it.<br />
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Actually they found a way, because they don't resign themselves starving without a whimper (also because that's what they do best). Their strategy is to occupy squares asking the government for a job. Governments must create the basis to develop the economy through the business development, if the government doesn't do it, then it's right to protest.<br />
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However the hypothesis of a social salary is wrong anyway, because it strengthen the idea of welfarism at any cost, that completely kills the survival instinct which in the NG is already weak.<br />
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We should always keep in mind the Chinese wisdom: "don't give your son a fish every day but teach him how to fish". So he will be able to get the fish for his entire lifetime.<br />
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Hungry is willing to create. This is the YG.<br />
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Angry is fear of losing. This is the NG.<br />
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According to the Law of Attraction, everyone is right. Both if he thinks to belong to the YG or the NG. Although remember: the more you focus on a status the more this will tend to broaden. It's called Resonance and this is also another universal law.<br />
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Think positive!<br />
<br />
Luigi Foscale<br />
<br /></div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0tag:blogger.com,1999:blog-6309410383041892411.post-70355289626794931222012-11-13T00:05:00.000+01:002012-11-13T00:05:11.100+01:00Article on Financial TimesDear Friends,<br />
<br />
I suggest you to read the article clipped on "Retire Rich by Luigi Foscale" on the Financial Times. <br />
<br />
<a href="http://clippings.ft.com/lists/luigifoscale" target="_blank">Click here to go to the page on the Financial Times.</a><br />
<br />
Yours<br />
<br />
Luigi FoscaleLuigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0tag:blogger.com,1999:blog-6309410383041892411.post-12232973415293557492012-11-09T12:00:00.000+01:002013-03-08T12:39:41.069+01:00Yes, leverage is now good… <div style="text-align: justify;">
When we talk about Leverage, the common meaning is “financial lever”. The financial lever is a fancy way to mean debt. In the past few years, we overindulged on home equity loans not only as a financial tool but we overindulged in those fancy words throughout which the mainstream media dressed all the swindles the Wall Street folks did to us!!! In my latest post, <a href="http://luigifoscale.blogspot.com/2012/10/is-leverage-still-good.html">"Is Leverage still good"</a>, I wrote that certain use of debt financing were not convenient anymore because they were real scams.<br /><br />In addition I also explained there's good and bad debt. The good debt allows you to generate cash flow, while the bad one it'll eat your cash flow.</div>
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However even the good debt could eventually become bad if we are over-indulging in refinancing.</div>
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What we mean for over-indulging? It's really simple: If I buy a $100 grand apartment and I ask for a loan of $70G I have to invest $30G. This is obviously a use of the debt as a financial tool. However if through those same $30G I try to get a $3M mortgage, even a 10 year child would tell me maybe I am over-indulging a bit. </div>
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Unfortunately this is what happened with the financial crunch. Someone got incredibly rich, at the big masses' expenses and these people are now paying the crisis.</div>
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You got to know how to keep your debt under control and you have to know how to manage it. However if I am here today, it's because I want to give you a new vision of the leverage as a financial tool and not only.<br /><br /> Here you'll read how the leverage can become positive. </div>
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</div>
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Today the world has changed and the old economic laws have been swept away by the digital system. Today you can be in more places at the same time and make money side by side. If you start using these tools you can really give your finances a boost. </div>
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</div>
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You know when they say "that person has that little bit extra?" ...there you go! if you keep reading my posts you can have that bit extra too. </div>
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<strong>Job Leverage</strong> in one example: If you are a seasoned pro, you can decide to work 10 hours a day and being paid on an hourly basis. If you devote yourself more than usual, you can work 12 or 14 hours a day.</div>
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</div>
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However if I am telling you: you can increase the value of that same day like about 40 or 100 hours more, would you believe me? The point is really simple. If you write a book, every reader pays a fee that's represented by its price-tag. If your readers become 40 or 100 you multiply your presence and your fee as well.</div>
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</div>
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The difference is the simplest: while before the boost you worked 1 to 1, this way you work 1 to infinite. Obviously this is just an example but it gives you a clear idea about the difference.<br /></div>
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A form of leverage that allows you to make money is <strong>Real Estate</strong>.</div>
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</div>
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If you buy a property, you receive a rent for every time-lapse. If you buy 2 properties you obviously have 2 rents for each time-lapse. This way you keep growing.</div>
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</div>
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However you can make a fair objection like: "I have limited resources". Being this the situation you can get a mortgage. Obviously it has to be financially solid. In practice it's your tenants who pay your mortgage rates, then you automatically grow richer. At this point your new job is finding a property that once it has been rented out it can repay your mortgage back. Even a bank leverages its customers. For every deposit, the bank can clearly loan a higher size of it. And if you think about it, there are analogies between the bank's role and that of a Real Estate entrepreneur who invests in rental building.</div>
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</div>
<div style="text-align: justify;">
Another form of leverage is the one of the <strong>Multilevel Marketing</strong>. A very discussed subject and in some cases even controversial. However like in every field there are bad apples that ruined a business that in the past demonstrated to be very efficient instead. For those who don't know what MLM is, when you enter a MLM, you can sell or look for distributors by creating a pyramid scheme. The commissions you generate are shared among all the people above the distributor. Paradoxically, after you worked to recruit a network of distributors, you can even make money without too much effort. All these leverage forms were linked to some form of works.</div>
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</div>
<div style="text-align: justify;">
Nonetheless, if you really want to leverage the leverage we have to look inside of us. There's indeed an<strong> Inner Lverage</strong>. This is our stream of thoughts. You may have read in my latest post how the Law of Attraction works. In short, you get what you re focused on, no matter if you want it or not. Thoughts become real things.</div>
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</div>
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Here it is, the leverage of this extremely powerful law lies in the fact of thinking more often about what you really want. You have to figure it out, you have to feel it, you have to live it, you have to imagine the whole thing so intensively that you really would feel like as you'd already got it. And you have to do it often. More often than you can ever think and more times than when you think of those things you don't want. The non-objectives become real too if you just focus on them. The non-objectives are worrying racing thoughts. What you don't want: a negative person or somebody who hurt you, a bad situation, a situation to escape from. All you don't want becomes real if you think about it too often and with an "associated pattern" as said by the Neuro-linguistic programming (NLP).</div>
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</div>
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According to the NLP When you are "associated" you are "inside the event" or picture looking around you and to the outside. When you are disassociated you are outside of the event or picture looking inwards, watching your own behaviour. When you are associated you live your experience through your emotional sphere, when you are dissociated you live your experience without the weight of the emotional sphere. </div>
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</div>
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So the power of the mental leverage is not only in the use of the law of attraction. It's about using it all the time! </div>
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</div>
<div style="text-align: justify;">
This form of leverage also includes writing down your objectives and as we said in <a href="http://luigifoscale.blogspot.com/2012/09/survival-handobook.html">"the Survival Handbook"</a> , the Tracking Ob is meant to impress in your mind what you'll become. At the end of the day you might understand that leverage is linked to time.</div>
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</div>
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If you are able to break the rules of time. If you manage to assign time not a 1 unit value but infinite, you will be able to understand the value of leverage.</div>
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</div>
<div style="text-align: justify;">
The new value of leverage...</div>
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</div>
<div style="text-align: justify;">
Luigi Foscale<br /><br /> </div>
Luigi Foscalehttp://www.blogger.com/profile/12405178789098676497noreply@blogger.com0tag:blogger.com,1999:blog-6309410383041892411.post-1507527678310819852012-11-04T16:13:00.001+01:002012-11-04T16:21:05.691+01:00Article on Financial Times on EcomomyDear Friends,<br />
<br />
in our Clipping List on the Financial Times, <a href="http://clippings.ft.com/lists/luigifoscale" target="_blank">"Retire Rich by Luigi Foscale",</a> you can read an article on global economy. <br />
<br />
Enjoy reading!<br />
<br />
Luigi Foscale<br />
<br />
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