The Cash Diaries

My experiments investing and copytrading

Making money investing in shipping containers??

Today I was doing some research into various investments, and came across one that made me do a double take – shipping containers!

Apparently you can invest in shipping containers and earn a fixed return of 12%.    Is it too good to be true?  Are people actually making money from this?  I decided to do some digging and find out more about this alternative investment.

How does investing in shipping containers work?

Basically you front up the capital to purchase a shipping container, and then this container is leased to shipping companies.  The entire process happens automatically by the shipping container investment company – meaning you don’t need to buy the container yourself, just front up the cash.

The companies claim that the containers are covered by insurance if they get damaged or lost, but I have no way to verify this.

Is it all a scam?

It’s really hard to tell.  I haven’t been able to find any horror stories online, but that necessarily doesn’t mean it is legit.   On the flip side, I also haven’t been able to find anyone who hast posted online about their success investing in shipping containers.

Because you are buying a physical asset, the companies don’t need to deal with the same type of regulation as other investment products.  This does mean there is potential for scammers to operate in this space.

Pros

  • You’re not going to lose more than you put in
  • returns that are higher than term deposits

Cons

  • Unregulated.
  • Lack of proof that this actually works.

Although I love experimenting with different types of weird investments, I can’t see myself putting down the money to buy a shipping container.   With no regulation and no proof that people are actually making money, i’m staying away.  If you have invested in containers, I’d love to hear how it’s been performing for you.

If you’re after more weird investments, check out this post with some of the other crazy ones I found.  If you’re after an investment that actually works, then try the one I use – Copy Trading.


11 Comments

  1. Last year I have bought and lease three containers from Davenport Laroche (based in China) and have no problem with payments. Recently bought another two trough Dedaco Containers (based in UK). Both companies seams to be good for now. Only difference is that with Davenport I get paid every three months and with Dedaco Containers every month.

    If any change happen will inform you

  2. Hi Danny,

    Can you share links and buying procedures for this containers?

    Thanks

    • Matty

      January 16, 2018 at 11:45 am

      Personally I haven’t chosen to invest in this – i’m still not sure about it. I might for the sake of research try it as an experiment this year and report back 🙂

    • Hi Rama,

      You can find both company on web. Davenport Laroche have few websites and Dedaco Containers one website
      For buying procedures you can contact them trough sites and they will assist you.
      I know that with Davenport Laroche they offer you leasing service and containers you buying from Manufacturer company in China.
      With Dedaco Containers they do everything for you, everything is included in service

  3. Hi, just saw this topic.
    I am from UK and have also invested with Dedaco Containers at beginning of December 2018.
    Just received my first payment

  4. I’ve heard that Davenport are a scam. Danny have you had any problems. Are you still receiving your income?

    • Hard to get money out. Lost few containers and I am now on low earnings from them. So many excuses and no support at all with problems

    • Sorry didn’t mention that problems are with Davenport who are sweat talking when they need to get your money. They call you all time , they offer a lot and when hard time comes there is no support.
      Dedaco is for now fine, they only deal with clients by emails not over the phone.
      Buying procedures for containers are same, only with Dedaco is less hassle.

      • That’s terrible. Thanks for letting the rest of us know. So is it almost a year you’ve had your containers with dedaco and no probs?

  5. We are stuck, we own a fleet of containers 40′, which are leased through Davenport Laroche in Hong Kong, they are not performing well at the moment, but Davenport seems not be able to find us a buyer, we would like to sell them but they are still under a contract with no earnings

Leave a Reply

Your email address will not be published.

*

© 2018 The Cash Diaries

Theme by Anders NorenUp ↑

My top money making methodFind out more
+