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.