Thanksgiving is so close, I can hear the gobble gobbles outside my office window. I can also say, that I hope everyone’s football team won yesterday. How can I say that? Because my team plays tonight! The time of year were you begin to count your blessings, and what you’re thankful for is upon us. Still, it seems a little crazy out there, doesn’t it? People occupying Wall Street, shooting at The White House, and whatever else is going to happen in the next few days….
It’s a turbulent time in the world. (This week’s understatement!) There is uncertainty in the economy, employment, and everything else, it seems. What to do? Where to go? What about retirement? There are some retirement options out there that many people are taking a closer look at. I’ve talked about some of the misconceptions about Mexico… And there is a lot more to Mexico that most people just don’t know…
- According to U.S. government figures, Mexico’s economy moved ahead of Canada’s last year, making it the 12th largest economy in the world.
- Unlike the U.S., Mexico is one of the world’s largest oil exporters and sells 1.7 billion barrels of oil to the U.S. each day. As a result, Mexico’s economy is actually strengthened by today’s rising oil prices.
- Mexico’s stock market has also taken off. In fact, over the past five years, Mexican markets have outperformed U.S. stocks (as measured by the S&P500) by 10 to 1.
- Mexico’s government has launched a 5-year, $250 billion program to build new highways, railways, airports and ports throughout the country, much of that in Baja.
- And today, there are countless state-of-the-art hospitals and care homes being built specifically to service the aging baby boomers arriving from north of the border.
- The US dollar goes much further in Mexico than here in The States. That’s your retirement dollar, that’s your 401k dollar, and your cost of living dollar.
Mexico can give you all the conveniences of modern life that you’re used to here in the United States. It has a stable government and a First-World infrastructure, including high-speed internet, mobile telephone networks, high-tech medicine, paved multi-lane freeways, and much more. Yet for millions of people, Mexico is still largely undiscovered. They know nothing, or very little, of the wonderful benefits this country has to offer.
But with the amount of changes taking place, we don’t believe that Mexico will stay undiscovered for long…
Have a great Monday, and I’ll see you here tomorrow!
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