By: Jim Scherrer

For more than 50 years, the de facto world currency has been the US dollar with many of the world currencies being pegged against it (some countries have even eliminated their own currencies in favor of the US dollar). As an example, Canadians feel a sense of wealth when the Canadian dollar is on par with the US dollar; the opposite when the Canadian dollar devalues to .70 US dollar, i.e., when the Canadian dollar will purchase only 70 cents worth of US goods and services. The following graph shows how the Canadian dollar has strengthened from $.77 US to $.96 US or by 25% during just the past seven months. (please see link below for graph)

Currently, the global economy is changing and as the US dollar continues to erode, many foreign currencies have strengthened significantly relative to the green back. Consequently, savvy Canadians should now be looking at currencies outside of the US and evaluating their own newfound purchasing power in those foreign countries. For instance, the Canadian dollar has virtually exploded in value recently relative to the Mexican peso. The graph below depicts how the Canadian dollar has risen in value from an equivalent of 7.1 Mexican pesos in 2003 to 12.6 pesos today in 2009. (please see link below for graph)

Now, let’s compare this increase in the purchasing power of the Canadian dollar to the increase in purchasing power of the US dollar, both relative to the Mexican peso. The graph below clearly shows that during this 6

It started out as a simple week long cruise to Alaska.  My wife and I are avid cruisers…well my wife is and she drags me along. It may appear as though I am enjoying myself, but really I just want to get back to work.  My wife lets me work pretty much all the time, so I want her to enjoy the cruise.  For her to enjoy the cruise she has to think I am having fun too, so that’s why I pretend to enjoy myself.

Anyway, back to the Alaskan cruise…some people we met on a cruise were going to go, and so we were going to go along as well.  It’s always fun to cruise with people you’ve met before…assuming you like them of course. A couple of cruises back we went on a cruise to the Caribbean where a large number of people had been yakking at each other on the Cruise Critics message board for almost a year. People all going on the Caribbean cruise of course. It turned out to be a fantastic cruise.  We had so much fun with this huge group of people.  We referred to it as 62 best friends meeting for the first time.  We had some group party’s and a couple of blow-up dolls as mascots and we even had a Pirate theme.  It made the whole cruise far more fun.  Well for Kathy it was a lot of fun, I was just pretending of course.  There are a lot of pictures of the cruise, the group, and even the mascots at my cruisesrfun website.

But I digress…back to the Alaskan cruise.  Well, it turned out that a whole bunch of those folks that went on that Caribbean cruise decided to do another cruise together, this time to Acapulco Mexico.  The next thing I knew our Alaskan cruise had become our Acapulco cruise.  I much prefer hot weather to warm and warm to cold, so I had not been looking forward to the Alaskan cruise, but a cruise to sunny Mexico would be another story.  Er uh at least it would be easier to pretend to enjoy the cruise. 

One of the nifty things about this cruise is it stops at Zihuatanejo, which is where my step son and his wife got married on the beach. Actually, the beach was called La Playa Ropa, and the wedding was at a restaurant called La Perla.  Well…we thought why not invite our son and his wife and his sister and her husband to go along too.  They are great fun and our son’s wife is Mexican and speaks fluent Spanish…it makes her very handy when in Mexico. 

This cruise to Acapulco is at the end of October.  We will be on the ship for Halloween. You know what that means. It means that there will be a mandatory costume party. At least it will be mandatory for anyone married to my wife. Jeeze.  UPS has been making stops at my house several times a week lately bringing things like big fancy ear rings and costumes, and dresses…lots of dresses.  My wife Kathy really likes to dress up on these cruises. I pretend I don’t mind donning my tuxedo a couple of times each cruise.  Apparently I will also be getting dressed up as a Mexican Bandito…with bandoliers holding shot glasses instead of bullets, and holsters that hold tequila bottles.  Kathy is going to go as “Miss Piggy” dressed as “Big Bird”. Doesn’t make sense to me either, but check out our website in early November to see for yourself.

This cruise is aboard the Carnival Spirit, and we have never cruised on Carnival.  The last cruise I was on was aboard the HAL Oosterdam, a ship we’ve traveled on twice.  On that cruise I had my iphone, and I could check my email and visit my favorite websites from almost anywhere on the ship. I hope that’s the case with the Spirit.  As usual I will do a cruise review and post it on cruisesrfun.

Kathy has been in near constant communication with one of that group of 64, Judy, who happens to be a Travel agent.  So now we’ve been moved around, up graded and God knows what else, but we apparently have the perfect state room…with a wrap-around balcony and plenty of room for that cocktail party.  On this cruise our group will be around 20 people, and I know Kathy and two of her friends are planning at least one cocktail party for the entire group.  A lot of the original group of 64 still chat on the boards, and of course this upcoming cruise has a message board at cruise critics site, and there is daily chatting.  I never get involved in that stuff; I leave it all to Kathy.

The cruise begins in San Diego, and we will be staying overnight in the same hotel as the last time we cruised.  Kathy has booked us a room where we can stand on the balcony and watch the ship dock early in the morning.  Last time it was at like 5:00 a.m. or something…I don’t really understand the attraction., but I am pretty sure that at some un-Godly hour I’ll be up watch the ship pull up to the dock.

We usually build web pages about our cruise as we go, and upload them to the CruisesRfun website from the ship.  This time we will be doing the same thing.  I have a new digital camera that takes nice movies, and I would really like to begin incorporating videos into my website.  If we can upload at a reasonable speed I’ll certainly have some cool videos posted on the site before the end of the cruise.  If I am really lucky I’ll be able to get some really embarrassing footage of my children for all of their friends to view.

On this trip at least, what happens in Mexico will definitely NOT stay in Mexico.  Vive la Internet!

The slowdown in real estate market offers a great opportunity for individuals who want to buy their first home. And Puerto Vallarta Homes make a good option though there is no dearth of affordable properties available for you in Mexico. Properties in Puerto Vallarta offer a wide variety of alternative homes, well suited to families of every size.

Another reason for Puerto Vallarta being a better investment option is the convenience of relocating in this area. Scenic beauty of this area makes Puerto Vallarta an ideal place for people who want to break free from the maddening pace of a city life.

Living in Puerto Vallarta means putting a brake in your lifestyle. The life here is slow and relaxed. With an exotic blend of the old and the new, this city region offers an unparallel combination of simple pleasures and sophisticated charms. Visitors will find fine dining restaurants, art galleries, luxury shopping centers and nightclubs in perfect harmony with street-side vendors selling Mexican handcrafts, traditional markets and roving mariachi bands. Puerto Vallarta is blessed with twenty five miles of golden beaches within spectacular Banderas Bay . Thus Puerto Vallarta presents unlimited opportunities for enjoying the Pacific like no else place does. Water activities like fishing, sailing, snorkeling, swimming as well as hiking are popular activities. It also has an underwater nature preserve known as Los Arcos. Apart from ocean, Puerto Vallarta also has colossal mountains which add to the beauty of this heavenly place. The mountains are adorned by the dense forests of Sierra Madre. If the natural beauty is Vallarta is not enough then old city charm and its warm people make it an icing on the cake.

Puerto Vallarta homes are affordable compared to American homes, due to economy meltdown, people who are dreaming big to buy a beachfront house or a condo with seaside view. Adventure seeking families more into water sports would find their homes near to lake a good investment.

Traditionally, Mexican Real Estate purchases have been limited to investors with enough cash to buy real estate without need for financing in Mexico. Unfortunately, not everyone can afford to pay cash for property. To circumvent this obstacle, Mexican Government introduced a system in which banks in Mexico acquire the property you want to buy and place it in trust for the sole use of the foreign property owner, or “beneficiary.” This trust, called a “Fideicomiso” ensures that the foreign buyer has all the rights and privileges of Mexican Property ownership, including the right to remodel, lease, mortgage, or sell the property at any time.

Author: Aniruddha Badola