Britney Spears Making Profit On Timber Investment
Pop celebrity Britney Spears has been criticized for most of the decisions shes made. But theres at least a very important factor she’s got right and thats money management. A lot of her £95 million fortune has been invested in traditional ways – she has homes in Malibu, Orlando and California, Florida as well as London.
However, a couple of years ago the 28-year-old singer spent £3.1 million buying up forest in her native Louisiana. So why was Britney Spears interested in buying trees and shrubs? Timber is one of the only low-risk, high-return investments out there; it offers risen steadily in cost for over 200 years and has returned typically 6.5 per cent a season for the last hundred years. The investment is also not taxed: there is absolutely no income, capital gains or inheritance tax on woodland. Not only does timber consistently outperform bonds, gold and stocks as a long-term investment, it is carbon friendly also.
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She did it at a time when the world was about to plunge into tough economy. So perhaps Britney Spears hasnt made as much mistakes as people acquired thought. Global Forestry Investments offer people the chance to invest in tropical hardwood trees. It is an chance to become involved with one of the greenest and highest carrying out commodities of the last a century. Our approach is a practical one, appreciating the high demand for timber and the fact that the timber trade will continue. Therefore we’ve an chance to participate and ensure that any negative impact to the surrounding environment and community is minimised and that good management secures the future of the forests.
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