Anyone heard of investing in Agarwood? Is it a legit investment? - Seedly
Seedly logo
Seedly logo
Ā 

Investments

Anonymous

Asked on 13 Feb 2019

Anyone heard of investing in Agarwood? Is it a legit investment?

How safe is it to invest in Agarwood? Companies such as Mokuzai etc.

0 comments

5 answers

Answer Now

Answers (5)

Sort By

Milton Tan
Milton Tan
Level 2. Rookie
Answered on 23 Aug 2019

It depends what you are looking for and there are more scams than legit ones. Those that are legit are well-kept secrets.

0 comments

šŸ‘ 1
Frankie Aufhauser-Rappaport
Frankie Aufhauser-Rappaport
Level 9. God of Wisdom
Answered on 05 Mar 2020

If You're not inside this industry, don't do it.

Choose time honoured investing strategies and invest very longterm,

passive indexing ETFs (world, U.S., China, S-REIT ETFs) would be a simple

but cheap and efficient choice.

0 comments

šŸ‘ 0
Guo Hao Teo
Guo Hao Teo, Self-Taught Enthusiast at Personal Finance
Level 6. Master
Answered on 25 Aug 2019

Sounds interesting never really heard of it though. Would be careful on these type of investment schemes yup.

Always do your own due diligence!

0 comments

šŸ‘ 0

Don't bother.

0 comments

šŸ‘ 0
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 13 Feb 2019

Attended a similar presentation about investing into some tree plantation some time back. Didn't really feel secure about the investment so didn't get vested. Personally I don't think it may be a good idea to get involved as I believe such investments are not regulated. But if you wanna go ahead, please do your own due diligence thoroughly first.

0 comments

šŸ‘ 0