Friday, July 20, 2018

FarmOn | 17th Cycle Harvest

As the 19th cycle opened last July 16, Monday, I received an email notification from FarmOn on July 18 that my 17th cycle crops of Watermelon-Growers has been harvested.

How was the return?

This has been the lowest ROI I've received being a FarmOner since 2015.

Yes, stick to one ako sa isang crop for most of the cycles.

But although 14.2% is the lowest I got from investing here, it is not that bad at all.

I do understand that due to the growing number of FarmOners and a lot of demands from the new ones, increase in expenses can't be helped. And with the continuous change in our weather, I bet they are putting extra extra care to the crops.

Plus, I have invested in a Growers farm which means FarmOn is not the one that's really farming but a third-party growers instead. And they only get a percentage from that, as well as us, FarmOners, which we can expect a lower ROI than what FarmOn produces.

Anyway, I am happy that I received it while 19th cycle is still open.

I will just reinvest it again as I usually do.

Well, I actually have reinvested it already as I am writing this.

I will just create a new post next week about my experience to their improved process of investing and let us see how fast I will receive the contract.

That's all for now~

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