Michael Cobb from ECI Developments shares his thoughts on how to invest to get cash flow for the long term. All too often you are focused on investing for short to medium term returns. Have you ever considered how to plan for wealth that lasts for generations? Michael Cobb shares his knowledge of investing in teak plantations in Latin America.
Who are you providing for when you make your investing choices? Do you only think about yourself or are you also thinking about those that are left behind, Your partner could live another twenty years. I’m sure you would want the loved one you leave behind to be in a comfortable financial position. I recently spoke to a widow that has been struggling since her husband passed away two years ago. The defence pension he received of $40,000 per annum stopped when he passed.
These days you are no longer in the one job for all of your working life. There are some that have become financially savy, paying off their house early and saving aggressively.This growth in the FIRE (financially independent, retire eary) movement of people means different investing choices can be made.
Some investors are thinking outside the box and are not only providing for their spouses but also for future generations. Investors with this long term view don’t necessarily want a return now but want an investment that will grow into a return 25 years down the track. When you start thinking of investing for centuries and not decades then investing in timber plantations to get cash flow in the long term for part of your investment portfolio starts to make sense. The performance of timber plantations is not correlated to the equitiy and bond markets thus adding diversity to your investing portfolio.
Teak requires specfic latitudes to grow between five and fifteen degees north and south of the equator. As well they requires well drained , allivual soil with tropical rain six to eight moths of the year. Teak and Mahogony timber plantations are available for investment opportunities in Latin America.
Michael Cobb and his companies now have plantations in the west coast of Panama, Nicaragua and Costa Rica. Michael has been invested in timber plantations now for fifeen years. It’s good to know that when the company that is selling the investment opportunity has invested in the plantations.
To hear more about this unique investing opportunity then listen to learn how to invest to get cash flow in the long term.