Most people when they think of investments they think of shares, unit trusts and so on, but most would not imagine that their investment would be eating grass in the pastures of KwaZulu Natal. Ntuthuko Shezi’s company is offering Africans the opportunity to invest in crowd funding platform that invests in cows, and believe it or not cattle wealth offers annual returns much higher than that of the Johannesburg Stock Exchange.
Shezi started the Livestock Wealth startup in late 2015 with the aim of making investments more accessible to ordinary South Africans in an easy and relatable way. Investors who wish to invest in this venture can simply visit their website and choose from the various listings a pregnant heifer and add it to the shopping cart. They will accept the investment terms and pay for it either using the credit card, bank transfer or PayPal.
There is a monthly fee of R225 which investors will pay every month and this will be for the cow’s vet bills and general care. Each year the cow will give birth to a calf which is known as a weaner, and is sold with the proceeds being shared among the investors.
For more information visit their website www.livestockwealth.com