This came at me from two different directions over the last couple of days, investing in Brazilian Teak.
12-14% returns, £5k min investment for £56k returned over 18 years, etc.
http://www.emeraldknightconsultants.com/BrazilTeak/BrazilTeakKeyfacts.pdf
So... anyone looked into this kind of thing before? What are your thoughts?
Hi Dan , havent invested in Forestation as such before, more de-forestation, tho one of our GS owners (Peter) owns and manages a forest Tree farm up here , in around Towcester,
Years ago i used to buy a lot of Teak /Mahogany and hardwoods direct from Laos and Thailand for the manufacture of fireplace surrounds in Thailand which i then imported into the uK, when you see the after affects of de-forestation without management its complete devastation ,its frightening what we have done or allowed to happen in the sole purpose of greed , im not the greenest of people, far from it owning 2 massers i guess , but now i wouldn't invest in anything that had a glogal harming and that wasn't managed properly and at the very least benefitted the community from which the resource was being taken ,
Having just browsed through their broshure , no where does it state that the local community are benefitting , no pictures / information on how its cleared , seems the investement is really in the hands of the rental company as to whether they manage to make a profit to be shared out to the investors , sound good on paper , as these things that are long distant investments , hard to keep track of, and companies open close/get taken over so quickly nowdays , it wouldn't be for me , the profits quoted as expected looking enticing , its a case of buyer beware , do what homework you can before you bite the bullet , maybe worth a punt as a long term investment for the nippers 18th birthday
regards loz