The passage summarises my position on the present economic situation in the UK.  The money tsunami which I have written about on My Blog and in these newsletters is gathering offshore and will one day arrive as the capacity of the system i.e. “supply” is squeezed.  The result will be rising prices – inflation.  The only question is when, but the catalyst will be the resumption of lending by banks.

Amongst all the doom and gloom in the media and in wider society it is important to put the present situation into some form of wider perspective.  I am not underestimating the personal tragedy of losing your job, or the stress of the threat of losing your job, but as investors we have to see through the fog and take bold decisions.

Many investors are seizing the moment and acquiring other companies for bargain basement prices.  Likewise, bank repossessed property in the UK, is an opportunity that many of us will not see again on this scale and at these prices.  I have been amazed at some of the prices we have been negotiating recently. 

I would like to emphasise that we do not negotiate with private individuals, but we have access to these deals after the properties have been taken back by the bank. 

This window is short and now is the time for action.

If you wish to have a greater understanding of economic events, their impact and how to look beyond the present gloom, then join us in Liverpool next weekend for our 3 day “Understanding Economics To Beat The Recession” course.  We have only two places remaining.

Further details and syllabus can be found here

The Grove Spa Resort, Cyprus

The General Constructions Company (GCC) has been appointed as the prime contractor for The Grove Spa Resort.  GCC is undoubtedly one of the best construction companies in the region and has been established for 62 years and we are proud to be working with them on this landmark project. 

Yesterday, they appointed their sub-contractors and the topographical survey for Phase 2 of the construction was completed this week.

The additional plot of land we purchased before Christmas has also now been prepared having been given the go-ahead by the planning authorities.

Having been given the green light by the planners, we’re ready to go!

This e-mail goes to about 14,000 investors around the world, but this project only concerns a small fraction of that number.  Additionally, I have purchased many off-plan properties in the past and understand the frustrations of not being kept up-to-date with the projects I have invested in.

So, we have created a Construction Blog for buyers and investors where you can follow progress on a daily basis.  My IT department are looking at a number of options, but in the meantime we will use good old fashioned words and pictures.

I know that account managers have been in regular touch with buyers outlining the changes to the project and I appreciate your enthusiasm and approval for the enhancements we have made.

For the rest of the readership, you will be spared the detail, but I will comment on the broader issues from time to time, which I hope you will find interesting.

Our press release about the appointment of GCC has been picked up by the media and one particularly influential magazine which will carry a feature.  If you wish to read it click here

Henry Powell-Jones

As many of you are aware, we have a strong military bias in the company with 5 of us having military experience.
Henry is running the London Marathon in April for the Army Benevolent Fund (ABF)

“For over sixty years the Army Benevolent Fund (ABF) has worked tirelessly to provide support to serving soldiers, former soldiers and their families in times of need.

The people we support include those with disabilities or mental illness, people experiencing homelessness or unemployment, and older people.”

If you feel you can help, please donate here: