http://www.interest.co.nz/rate blog/index.php/2008/06/23/another-blue-chip-collapse-on-the-way/Merlot Property Investments, which appears to follow a version of the Blue Chip model for property investment, has told investors it is hoping to resume regular rental payments shortly after some "rental payment instability."The New Zealand Herald has reported that Merlot directors have written to about 300 investors who have NZ$100 million invested to warn of rent payment problems. "Life is pretty difficult at present for all of us and some investors have had rental payment instability and this has meant that rent has been paid on different days of the week over recent times," Merlot said. "We appreciate your support through this period and assure you that it is our commitment to you, that we will be making up these payments as soon as is practicable and intend to return to weekly in advance payments shortly," Merlot directors said.Merlot's website (check out the jingle on the home page) shows its main "Halcyon" investment product is similar to Blue Chip in that Merlot handles all the time consuming and messy business of finding property investments, finding tenants, collecting money and handing on the rent, for a fee. Here's the blurb on the website. Halcyon is a passive, fully managed residential property investment. All the work is done for you, there are immediate tax benefits and you're on the path to long term wealth. Halcyon is a product designed for the busy professional with a good income, some equity in the family home and wanting to plan for a comfortable retirement. It utilises stand-alone residential houses in the Auckland region. This product will produce long term benefits of capital appreciation, annuity income for retirement and future financial security. The product is designed as a cash flow neutral asset that will not require any cash input to get started. It utilises taxation as a means of keeping the proposition neutral. It is also a completely passive investment meaning that you can continue to enjoy your busy lifestyle and not have to worry about what is happening with the houses in your portfolio.Investors may now have to worry.Grant Petrie, the former teacher and mortgage broker who set up the group along with former property investor and IT manager Stewart Goldstone, was not immediately available for comment.Are you a Merlot investor? What's happening with your rental payments?By the way, here's the lyrics for the lounge-like jazz jingle on the front page of the website. You're making more, More out of your future, More time to enjoy, More choices to live, More, More, More, You're making more, Out of Merlot
visit http://SoGood.tv Heather Johnston, popular food and wine vlogger, tastes some of the local wines she found while on vacation on the North Fork of Long Island, one of the great American wine-making regions.related video: Lobster Rolls and North Fork Chardonnay http://www.youtube.com/watch?v xlg8XkdRAqU
*thanks SarahVictor for the title :)i recorded this about 2 weeks ago but never edited it together, and until this stupid blemish on my forehead leaves, i will be MIA from videos for awhile :) loland hey everyone's doing it...stalk me on twitter! http://twitter.com/Jjacks48
Merlot Fights Back! with Chris Phelps, winemaker for Swanson Vinyards, Napa Valley, California, and Stuart Harrison, VP and General Manager. Music by Paul Oakenfold: Password.Wine consultants for Lauber Imports attending the Merlot event are Adrian Chalk, Nathan Frailing, Harvey Savadsky, and Paolo Grieco. There are no members of the KGB in this video.Event held on April 25, 2006 at the International Wine Center in New York City. Mary Ewing-Mulligan is the president and author of many wine books, most notably "Wine for Dummies".Produced by Wine Arts Studio for Morristown Film Studios. All Rights Reserved.
http://www.interest.co.nzSaudi oil output liftedBut Nigeria a problemAlready priced inOil price won't fall muchPanel 2Finally, Bridgecorp chargesRod Petricevic, Rob RoestSigning false documents1st charges Another Blue Chip?Merlot InvestmentsRental payments late
