It is a truth universally acknowledged that a 20-something in possession of a steady income must be in want of a… good long-term investment scheme. So when 29-year-old Malaysian, Luke*, recently invested RM10,000 (US$2,400) into a scheme that promises 10X returns with a lock-in period of 25 years, we shouldn’t have batted an eyelid. Except Luke invested in durian farming.

“I’m okay with the 25-year lock-in period. The interest/returns could be my retirement savings,” Luke said.
Perhaps, but since when did 20-somethings start investing in produce?

Due to rising inflation and low interest rates, younger investors hungry for returns—like Luke—have been increasingly looking at alternative investment opportunities in Malaysia.

AUTHOR

Ka Kay Lum

Based in Kuala Lumpur, Ka Kay covers investment activities, aka following the money, across Southeast Asia and in-depth stories on the often-overlooked Malaysian startup ecosystem. She was previously a regional writer for Nikkei-owned DealStreetAsia.

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