3 ms·
I think the move you're missing is getting in on the ground floor with a solid ownership share to an experienced coffee grower. A 51/49 ownership split or a sim
by quacked 4y ago
I think the move you're missing is getting in on the ground floor with a solid ownership share to an experienced coffee grower. A 51/49 ownership split or a similar arrangement could be a life-changing opportunity for an experienced farmhand or manager. (Of course OP will not be able to tell the sharks from the real helpers and this would still be a gamble unlikely to pay off--it just could also be an incredible life experience that assists in later success.)
I would say that if OP has a family and isn't already loaded, sell outright, but if they're younger and willing to go through hell they definitely should try to be involved in growing coffee beans.
- jacquesm 4y agoYes, or you get screwed out of your share in some tricky way. If you do not have experience in the market how do you know if you're getting cleaned out?
- quacked 4y agoYou don't. In cases like OP you can choose to make a gamble. If you don't have a family to support there's no real reason to not take big unlikely payoff risks in order to try and make crazy outcomes happen. The only caveat would be if by trying to become a farmer you'd be exposed to organized violence, but I'm not sure what that's like in Madagascar.
- tsingy 4y ago> I would say that if OP has a family and isn't already loaded, sell outright, but if they're younger and willing to go through hell they definitely should try to be involved in growing coffee beans. I'm loaded in my poor country, different story than when I was abroad. COL here is low like really low.
- quacked 4y agoIf you don't have a spouse I would take a run at it. I would definitely get a really good lawyer, though.