Broadening your investment portfolio goes a long way in dealing with the gloomy economic conditions around the world. You never know where the share markets are heading to and how much interest the banks will offer. Thus, it’s safe to create a diverse portfolio – as diverse as investing on shipping containers for sale! Isn’t the idea of investing on shipping containers thrilling?
Here’s everything that you need to know about investing in shipping containers:
Many big shipping container manufacturing companies in Australia and around the world offer the opportunity of investing on shipping containers. These companies are marketing it by the name of Own Your Own Shipping Container or OYOSC. The prices of investing in a 20ft shipping container or 40ft shipping container will vary depending on the market exchange rates. You’ll be provided with the ownership documents for your investments and the containers when they are leased.
You don’t have to bear the upfront costs for insurance, management or even the process fees, it is a simple one-time investment. A good quality container has a life span of at least 15 years so you can expect to earn good returns for at least the next 15 years after your investment! Thus, the more you invest, the higher the returns you can expect on a yearly basis. Some of the companies even offer a huge discount if you book at least five containers. This investment plan is called the fixed-plan leased and you have to pay in cash for these containers.
Some overseas container trading companies offer the “aggressive deployment plan lease” wherein the trading company sublets the shipping containers for a short-term, which generates higher returns. However, in this type of investment, the returns are variable and also there’re no guarantees.
Investors need not be bothered about the consignment or the destination of the containers but the cargo is always insured. So in case there’re damages or losses, the insurer will definitely pay for the losses.
Some of the other aspects of investing in shipping containers include:
Apart from the annual depreciation, your investments are pretty much safe and you get to simply invest and wait for the returns. However, you need to understand one thing: investing on shipping containers is unregulated. Also there isn’t any comment from The Australian Securities & Investments Commission (ASIC), so there’s always a slight risk-factor associated with these investments.
Even though the returns on investing on shipping containers are very high, it’s important to weigh all the pros and cons prior to investing in such schemes. You should only go ahead with the idea of investing in shipping containers when you feel that you’re in a position to take some risks.