Understand that in the market there are a lot of ranchers have managed to sell off their renovated BHs to new owners and made handsome profit from that within only a few years.
Sounds cool and tempting to have sold the BH and become overnight millionaire.
However, I beg to differ from such approach of making a living. I think they have not seen the true "value" of holding their BH or properties yet. By doing so, they might risk incurring the "opportunity" cost which could be many times higher than the selling price.
Personally, I do not understand why they are willing to sell their business or fruition of their untiring efforts to someone else.
Because of money? Because of making fast money? Due to not confident that the bird nest's quantity will increase in the years to come? May be getting worried about the anti-swiftlet farming attitude of the government and the public?
Whatever it is, why choose to gain less if we can earn more in the future?
Swiftlet farming is a very good long term investment, it is not a get-rich-quick scheme ("Skim Cepat Kaya"). We just can't see the result overnight. This business requires tremendous patience. If we are patient enough, God willing, we will be able to get rich slowly and realize the dreams of our lives, slowly but steady...
I would be much disappointed if everyone treats swiftlet farming as speculation.
We are not short term share market traders (who do not own the business). We own the business and its operation. We do not simply own a BH today, rush to sell it tomorrow and reap quick premium out of it.
Not that it is wrong, but it's the principle that we should not easily pass on the effort of our business, which is initiated and made succeed by us, to some one else, especially a stranger and let him making profit. We should be the persons who deserve the final fruition and possess the liberty to pass it on to our family.
Besides, we should also treat swiftlets as are our close friends, our long term relationship business companions, our extended family that growing & building wealth together with us. We should hold on tight to that ties to tide through the rainy days to come....
We do not know when the authority will make them lose their homes...
We should see this business as an investment tool which can enable us getting extra passive income and also as something that can help us building wealth.
Building wealth means the income generated from our BH can be converted to early retiring fund as well as can help us sustain our lifestyle if we suddenly can't work and earn.
In short, I say swiftlet farming is not speculating, but investing. We are not and should not using our hard-earned money with the hope of selling it quickly for a profit.
Of course, there are many ways to generate quick income from our BHs, but just make sure that the last thing we should think of is to simply slaughter the golden goose that lays golden eggs...
We should hold this investment to generate permanent passive income.
To be frank, just like other bread & butter property investment, this business works well for me, a typical fixed-income working slave who is trying to work out something difference for his future, to his free-hand and full freedom without heavy commitment of his time.
It is better to perish in attempt than langusih in mediocrity.
With that I wish you good luck and all the best!
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