Ants and the USA
When it comes to matters of strategy and wealth creation, Giroma’s outlook is deliberately international. This is hardly surprising: the company’s directors were all born overseas and caught the travel bug at a very early age. Although we choose to live and base our operations in the UK, our business model and frames of reference are distinctly cosmopolitan.
Why is this good for you? Because it opens up all sorts of opportunities to build prosperity together. As you know, we enjoy seeking out new possibilities with exciting potential. If that means venturing off the beaten track now and then, so much the better.
Take the USA, for instance. Many pundits take a morbid delight in spreading doom and gloom about the US economy, the debt crisis etc. What they don’t bother to share with their readers is the fact that the current economic difficulties have opened up some very unusual situations in which enterprising individuals can profit. This unique combination of factors won’t last for long, of course, which is why Giroma likes to stay nimble and adaptable.
As you know, we’ve been keeping an eye on Phoenix, Arizona for some time now. The scope for profiting from refurbishing homes there is outstanding at present, whether by quickly selling them on or holding them to rent. You already know about our Phoenix syndicate projects, and the broadened access which our summer newsletter describes. So you’ll be pleased to know that according to Kiplinger, Phoenix is one of 11 “comeback cities” for 2011. While not predicting as rapid a recovery as in the past, the Kiplinger team notes that employment in Phoenix is on the rise. It dropped by 12% during the economic downturn but is expected to climb around 1.5% this year.
What is causing this growth? Renewable energy, according to Kiplinger, with all the potential for growth and job creation that entails. As ever in property and related matters, location is key. The dry climate in Phoenix with its year-round sunshine lends itself to alternative (especially solar) energy. Here is Kiplinger’s summary, based on data from the Phoenix-Mesa-Glendale metropolitan area: “One new solar manufacturing plant in the works will create 600 jobs. Another firm is investing $50 million and has committed to 500 jobs in the region. The growth in renewable energy creates jobs in construction, installation and manufacturing, as well as engineering, especially for professionals left hanging by a sluggish semiconductor sector. Aerospace, export industries and clean technologies are also gaining, while the lower cost of living in Arizona is attracting California entrepreneurs in social media and online businesses.”
On a more personal level, the dry heat of Arizona suits many retired people who have better ways to spend their winters than shovelling snow. Consequently there are thriving retirement communities in the Phoenix area, and high demand for the full range of medical and service providers.
What does this have to do with ants? They’re quiet achievers: industrious, co-operative and adventurous, tapping into the power of teamwork to achieve remarkable results that are far greater than the sum of their parts. The beauty of the Ant Fund is its versatility, making the most of opportunities wherever they emerge, anywhere in the world. As you would expect, of course, we have strict criteria in place: before directing any funds into a project we need to be satisfied as to its viability and likely returns.
Participants in the Ant Fund receive a fixed return: either 6% per annum for a 7-month term or 7% for a 12-month term. These returns are paid on completion of the term, and apply wherever the funds are put to work. You can join the programme for as little as £1,000. More information is available in the of our website.