The other day we talked about how many houseplants we buy in stores, greenhouses and online are not quite as environmentally friendly as we may have thought. This is because most of these plants grow in peat, which it turns out to be a finite resource. (It grows back, but at a rate of 1 mm per year.)
One way to ensure that your houseplants aren’t adding to the overall peat situation is to grow your own. Sure, you could go all the way between plants and seeds, but Growing plants from cuttings is faster and easier. And after a study by investment researchers at money.co.ukYou could also be sitting on a horticultural gold mine – or at least some small sideline.
Apparently, growing new plants from cuttings of your existing plants can turn out to be pretty lucrative (and hard work too, but that’s not the focus here). However, some plants are a better investment than others. Here are those who are more likely to earn a living.
This is how you determine the profitability of plants
The aim of the study was to find out which crops are the best investments (as you would expect from a location called “money”) – not necessarily the easiest to grow or the least maintenance. This was a situation where numbers were at stake.
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Here is how the team achieved these numbers::
Adult houseplants and cuttings prices were collected using data from Facebook Marketplace, Farmer Gracy, and Etsy. Once we gathered the data, we calculated the average price of cuttings and fully grown plants for each houseplant variety. We then calculated the percentage of change between the pruning and the mature plant to show the increase in investment for each houseplant.
How to choose the most profitable plants
Based on Research by the money.co.uk teamMonstera Dubia plants are the best investment. According to their calculations, cuttings from a Monstera Dubia will set you back between $ 20 and $ 30, while a grown potted plant will cost you between $ 255 and $ 280: up to + 766% more than your original investment.
Before we reveal the diagram that will make you rich, we should point out that as you probably guessed on the website, the buying and selling of plants was in the UK. Sure, this is what you should keep in mind with regards to plant availability, but mostly we wanted to let you know that the prices quoted are in GBP rather than USD. So you have to do some calculations.
Ok, here you have it:
And, as with any other financial decision, it’s a good idea to do your homework before getting into anything.
“Houseplant investing is a fun and alternative way to explore the investment world from the comfort of your home,” said Salman Haqqi, personal finance expert at money.co.uk said in a statement. “Like all investments, with a little knowledge and market research, these plant parents could turn their home jungle into profitable investments in no time.”
