Pot Plant Investing

Reddington13/05/2022

How similar is Pot Plant Investing to the real deal?

Over 40% of the UK population enjoys gardening.*
Back in the dark days of lockdown, I dare say many of you lucky enough to have a bit of outdoor greenery enjoyed a bit time in garden. And alone!

Now that we’re returning to working in offices, I’ve since commandeered the mantel in ours for my pot plants.
At home, I don’t have any plants but here at work… oh yes, there’s now a few fair.

Succulents, muscari and a few ongoing experiments as I try to grow avocados and mango from their respective seed pods.
At the time of writing, the avocado is clearly winning this race although it’s had a month’s head start.
This has since prompted me to start trying with some more avocado pips.
Who knows – at some point, maybe, everyone in the office will have their own avocado plant? Beats buying presents!

It’s been a journey of patience…

The muscari, a Christmas gift a family member forgot about which I then ‘borrowed’, came with a long list of instructions attached.
How best to plant it, water it and keep it in a dark area whilst it acclimatised during the first few months of the year.
I looked at how best to try and grow the avocado pips – and whilst the Internet proves to be an excellent source of research, I opted to go for the one method I had previously seen in an old edition of Readers’ Digest.
The succulents are really just there to add a bit of ready-made greenery to the room – they also have the added benefit of being notoriously hard to kill off.
The only major problem I’ve faced so far has been sourcing compost without having to buy one of the bulky 5kg sacks.

Why am I doing all this you may ask?

The benefits are thus – the office looks a little bit nicer. It’s a low-risk form of gardening as I don’t have garden space back at home. I’m also able to maintain the optimal temperature five out of the seven days of the week.

 

office pot plant investing

Admittedly, the avocado plant is not much to look at, at the moment…

 

The muscari was potted at the end of January, and the others gradually turned up in the office in the following months.
Much like investing, I’ve learnt that:

Both require time and nurturing on a regular basis

I know that with pot plant topiary, it takes time.
Same with investing returns. This is not going to happen overnight, so ignore messages on social media that ask you to invest your £ into some scheme. Ignore anything which sounds too good to be true. These schemes only make returns for those running it.

I’ve also got a nice little routine at the end of the week, where I check up on all of the plants and make sure they’re doing okay, by monitoring the soil and adding water where needed. I’ve even gone so far as to mark it down on my desk calendar.

A slow and steady approach when investing also works – a little money added frequently to your portfolio works. It also encourages you to foster a good savings habit.

Do your research

If you have not looked at office topiary or investing before, or haven’t previously had success then it’s a good idea to do some research and get help where needed. Water some plants too much and you risk drowning them. Throw money at every and anything investment option you see and being carefree could cost you.

I could have just gone with the first suggestion for avocado pip planting. However, I looked at several options before making a decision.
I also know for example that I am limited by how much office space I can utilise before my colleagues feel I am encroaching on their own personal space. Similarly, I know that I don’t want to be growing anything too high-maintenance (such as orchids). Or anything too poisonous (oleander come to mind)

I think that my gardening portfolio has a good risk allocation. The succulents are low-risk in that they are hard to kill off, given that they are used to arid climates. The mango may or may not grow depending on temperature changes and how moist the soil is. And the avocado plant may not produce fruit but it should flower.

And if you’re unsure on where to get started, take a look at some of our articles. Or get professional advice from a financial adviser.

Results may vary and cannot be completely guaranteed

The muscari is proving slow to flower, and the mango seed is very much a risky endeavour. Much like investing for returns, we may be able to control some factors (such as how much risk we are willing to take on). But we cannot control everything.
However, if you follow these few simple rules of thumb you’re more likely to achieve the results you want.

(And apologies to my colleagues for all the plant paraphernalia everywhere…)

Sources:

* Statistic quoted on Gardening Patch