Investment is a part of everyone’s plan who has some amount of savings. Most people want to invest somewhere they have zero risks. Even though technically, that is impossible, investment in low-risk endeavors generally is. Shipping container investments are one such endeavor. However, that is only the case if you can be sure about the company you are investing with. Always choose authentic and reputed companies like Davenport Laroche who have a proven record of both success and honesty.
Working of shipping container investments
Shipping container companies use a simple straightforward method to profit with this kind of investment. What basically happens, is that using your money they buy a shipping container. These containers are strong and durable and insured. These shipping containers are designed to transport all kinds of raw materials.
These containers are then leased to big companies who need the containers in order to transfer their materials. There is a constant demand for these containers since both large and small companies need them on a regular basis. A 12% monthly return is guaranteed on the lease by most shipping investment companies. Shorter leases with higher rates are also provided the guarantee of rate is removed from the equation.
There are some risks involved in this business but where is a business without risk.
1- Most companies dealing with this kind of trade have containers in far-off countries, so there is no transparency in the dealings. That means you do not know whats actually going on.
2- Since the dealings are not clear, there is always an uncertainty involved.
3- Short leases of containers are highly unpredictable.
4- What will happen once the container is damaged or its life expires is not known.
So while there are these risks and uncertainty, choosing a reputed company for shipping investments like Davenport Laroche can be a good way of getting some security. No matter what investment you are undertaking, make sure to investigate well before pooling your money in.