Invest in a Cow Instead of the Bank
Why are so many people in France stashing their money in cows rather than the bank?
"It's a much better investment than real estate and much more tangible than the stock market," Pierre Marguerit tells the New York Times. Cows can offer a return of up to 5 percent, compared to less than 2 percent for a regular savings account.
Marguerit is the president of Gestel, a European company that helps investors buy and rent cows for investment purposes. Gestel's business has doubled this year. Around 37,000 cows are managed under some type of investment contract in Europe.
Cow investors can either board the cow on their own farm or chose to have the company's farmers take care of it until the investor chooses to sell. The return can average 3 to 5 percent — or more if the cow produces an offspring.
You can rent a cow, too, but that's more attractive for dairy farmers who lack the cash to purchase one. Regular folks are less likely to want to board and milk a cow themselves — although they clearly aren't averse to seeking offbeat ways to squeeze a little more return from their investments.
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Comments
Ivesting in a Cow
Interesting. How much does it cost to invest in a cow and what woudl the returns be like and for how long? And is it government approved? Please advise how I can go about doing this. TQ
general
I appreciate the concern which is been rose. The things need to be
sorted out because it is about the individual but it can be with
everyone.The initiative taken for the concern is very serious and need an
attention of every one. This is the concern which exists in the
society and needs to be eliminated from the society as soon as
possible.
About cattle investment
There are two sides to this. Well to invest in cattle, i would say it is indeed pretty much a stable form of investment. On the other it is contradicting as we indirectly increase greenhouse emissions as cows produces tons of CO2 !
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