The other day we talked about the amount of houseplants we buy in stores, greenhouses and online. are not as environmentally friendly as we might have thought. This is because most of these plants are grown in peat, which, it turns out, is a finite resource. (It grows back, but at a rate of 1 mm per year.)
Either way, one of the ways to make sure your houseplants aren’t contributing to the overall peat situation is to grow your own. Of course, you can go the whole plant-a-seed route, but grow plants from cuttings is faster and easier. And according to a study carried out by investment researchers on money.co.uk, you could also be sitting on a horticultural gold mine – or at least a side mini bustle.
Apparently, growing new plants from cuttings of your existing plants can be quite lucrative (and also hard work, but that’s not the goal here). But some factories are a better investment than others. Here are the ones who are most likely to make a living.
How to determine the profitability of plants
To be clear, the aim of the study was to determine which plants are the best investments (as you would expect from a site with “money” in its name) – not necessarily the ones that are the easiest to grow. or which require the least maintenance. It was a critical situation.
Here is how the team reached these numbers:
Prices for fully grown houseplants and cuttings were collected using data pulled from the Facebook Marketplace, Farmer Gracy, and Etsy. Once we collected the data, we calculated the average price of cuttings and adult plants for each variety of houseplant. We then calculated the percentage change between the cut of the plant and the mature plant to show the increase in investment for each houseplant.
How to choose the most profitable plants
Based on Find the money.co.uk team, Monstera Dubia factories are the best investment. According to their calculations, cuttings from a Monstera Dubia will cost you between $ 20 and $ 30, while a cultivated potted plant will cost between $ 255 and $ 280: up to an increase of + 766% over your initial investment.
Before we unveil the graph that will make you rich, we have to point out that, as you have probably guessed from the website, the buying and selling of plants took place in the UK. Of course, this is something to keep in mind in terms of plant availability, but most of all we wanted to let you know that the prices listed will be in GBP and not USD, so you will need to do some math.
OK here we go:
And as with any other financial decision, it’s a good idea to do your homework before jumping into something.
“Investing in houseplants is a fun and alternative way to explore the world of investing from the comfort of your own home,” Salman Haqqi, personal finance expert at money.co.uk said in a press release. “Like all investments, with a little knowledge and research of the market, these plant parents could turn their home jungles into profitable investments in no time.”