Davenport Laroche is a company that offers alternative investments and specializes in shipping container investing. Davenport is located in the Kwantung district of Hong Kong, and there is a genius reason behind this. Historically, the Kwantung district of Hong Kong has been an industrial area. However, it has recently been renovated due to the ongoing prosperity in the district, and is now a thriving commercial center with new buildings and office space. This gives Davenport a distinct advantage over their competition.
Types of Investments Offered
Davenport Laroche offers investment opportunities in gemstones, real estate investments, precious metals, and shipping containers. In other words, Davenport offers investments in hard assets as opposed to intangible assets such as stocks. Hard asset investments are beneficial for those who want to get into the investing game, but have second thoughts about investing in something that is intangible, such as the stock market. The real estate investments that davenport offers are bought through a group of investors and managed.
The reason why this is beneficial for an investor is because the investor doesn’t have to fill the role of the landlord.
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Precious gems and metals are often used as a hedge against times when the stock markets are dropping. There are many different metals you can invest in through davenport, but some of the more popular and profitable ones include gold, platinum, silver, and palladium.
Main Focus for Investing
Shipping containers can be purchased and then leased or rented for shipping done globally. Many experts estimate that up to 90% of all global trade is transported through shipping containers at some point in the process. This is the reason why container investing has exploded over the last decade. With the current state of the world economy, the fact that 90% of all global trade involves shipping containers could prove to be very lucrative to those who tap into the need by providing shipping containers.
If you choose to invest in shipping containers, Davenport Laroche will manage the containers for you by matching you with shipping clients. They then bill the shippers who pay a monthly usage fee/lease, and then Davenport disperses the earnings to you either monthly or quarterly depending on which plan you choose. If you invest in five or more containers, you will be compensated in the form of monthly payments. If you invest in fewer than 5 containers, you will be compensated in the form of quarterly payments.
The minimum amount to invest in shipping containers is £9,600. Currently, that equates to a little over $13,250. This amount of money will get you three 40 foot containers. When you buy containers, Davenport Laroche personally guarantees that they will buy back the containers after five years at the same price that you paid for them. This guarantee virtually eliminates all doubt that you will lose money through this investment strategy as long as you are in it for the long run.
If you don’t want to wait five years, you do have the option to sell them, but then you’ll get market value for the container, which may not be as much as you initially paid. In the meantime, you can get a guaranteed 12% earned income from the investment. Or you can choose to go with the non-guaranteed amount, many times those payments are considerably greater than the 12%.
For answers to frequently asked questions, please visit their official website Davenport Laroche.