Forestry investments ranging globally from cheap pine to high value hardwood have been one of the most lucrative long term investments. Many economic analysts predict that timber will outperform all other asset classes during the rest of this decade. Sandalwood is one of the rarest trees harvested for its wood and essential oil. The price of sandalwood logs has risen 22.8 times in the past 10 years. This led to unsustainable harvesting and the creation of sandalwood plantations. These plantations began 15 years ago and have been high risk speculations. As the planted sandalwood matures, the plantations can begin logging and the dynamics of capital growth and income are shifting. This report compares the explosive profit potential and risk of this forestry investment."