This is an investment in Central America....you invest 40K in 5 acres of new Teak with thinnings at 12, 15 and 20 years with full harvest at 25 years...the thinnings are negligable return but the 25 year payout is promised at 12-20%. All land maintenance and harvesting is included. Sounds too good to be true, is it?
2006-11-24 13:57:26 · 6 answers · asked by lfnatu 2 in Business & Finance ➔ Investing
Don't do it
2006-11-24 13:59:35 · answer #1 · answered by the Boss 7 · 0⤊ 1⤋
Have you considered ALL of the risks? 12% return on a high risk investment doesn't tempt me, and a 25 year plan that is contingent on there not being a revolution in a given SA country in that time seems really really risky.
2006-11-24 14:10:28 · answer #2 · answered by open4one 7 · 1⤊ 1⤋
If it is too good to be true then it is.
They take your money and your never see them again because they are in Central America
Consider yourself warned
2006-11-24 14:00:20 · answer #3 · answered by Anonymous · 1⤊ 1⤋
I read about that company doing business in Costa Rica. You might wanna check it out.
2006-11-24 18:04:04 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Umm, this doesn't sound good at all, are you joking...25 years. Anyways if you must waste your money I know this one guy..........
2006-11-24 13:59:27 · answer #5 · answered by b_dubs_3030 2 · 0⤊ 1⤋
If it sounds too good to be true, it probably is.
2006-11-24 13:59:36 · answer #6 · answered by Anonymous · 0⤊ 1⤋