Livestock Wealth is the latest investment innovation that uses crowdfunding to help you invest in a new form of stocks – cattle. This innovative online farming idea was started by Ntuthuko Shezi and allows investors to invest in cows and they benefit from getting higher annual returns that is even higher than the JSE.
So how do you invets in such a brilliant idea ? Well the good news is that you don’t have to be a farmer or own any piece of land to start investing in cows, all you need is R8 100 for a 6 month old calf and you can start having a projected income of R4 800 per year depending on the performance of the farm. There is a R299 fee that is charged per month for the up-keeping of your calf and insurance.
Livestock Wealth won R1.3 million at the 2017 SAB Foundation Social Innovation and Disability Empowerment Awards. Since its establishment there are over 600 investors owning more than 1200 cattle in total, and investors are free to visit their farms to check up on their investments.
Livestock Wealth leases about 200 hectares on a farm in Vryheid and relies on a team of farming experts and professionals to run the project. For more information you can visit their website and read more www.livestockwealth.co.za