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.
Africans have for centuries believed that cattle were a source of wealth, the more one had the wealthier they were.
One entrepreneur has taken that believe and has merged it with technology to offer one of Africa’s first digital crowd-farming.
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.
Livestock Wealth is a start-up that merges tradition with technology, and offers a platform where people can purchase cows as a form of investment and manage it online without getting their hands and feet dirty.
Investors can purchase a cow online for R10 500 and a monthly fee of R295 and Livestock Wealth will give them a share certificate while they manage the investor’s portfolio.
The cow that an investor buys will deliver calves each year and these are then sold to abattoirs, and according to them the money is distributed equally among all investors.
Shezi says his Livestock Wealth investments is targeted at people who find it difficult to understand how the stock market works and those that simply need to create wealth through owning cattle.
Investors can manage their investments online or through the app, and will have access to a portfolio manager who will keep them up to date.
For more detailed information visit their website www.livestockwealth.com and find out more information from there.