Which is the best investment in Kenya?

Where should I invest my money to get good returns in Kenya?

We take a look at some of the popular ways you can invest your money in Kenya;

  • Community/Collective Savings. …
  • Saving and Deposit Options at Your Bank. …
  • Invest Money in Yourself. …
  • Buy Government or Private Sector Bonds. …
  • Invest in Unit Trusts or Mutual Funds. …
  • Invest in Gold and Silver. …
  • Invest in the Capital Markets via NSE.

7.07.2020

Which investments have the best returns?

For those looking to get higher returns on their savings, here’s a list of the best investment options for you to make your wealth grow.

  • Saving Account.
  • Liquid Funds.
  • Short-Term & Ultra Short-Term Funds.
  • Equity Linked Saving Schemes (ELSS)
  • Fixed Deposit.
  • Fixed Maturity Plans.
  • Treasury Bills.
  • Gold.

What is the safest investment with the highest return?

9 Safe Investments With the Highest Returns

  • Certificates of Deposit. …
  • Money Market Accounts. …
  • Treasuries. …
  • Treasury Inflation-Protected Securities. …
  • Municipal Bonds. …
  • Corporate Bonds. …
  • S&P 500 Index Fund/ETF. …
  • Dividend Stocks. Dividend stocks present some especially strong options for a few reasons.
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How can I invest 1m in Kenya?

Other banks with good interest on savings include equity bank and cooperative bank.

  1. Bonds. The next best way to invest your 1 million Kenya shillings is to invest in government or company bonds. …
  2. Shares. …
  3. Binary Options trading. …
  4. Real Estate trading. …
  5. Land. …
  6. Conclusion.

21.10.2020

How can I double my money in a year?

You can double your money in 2021 by increasing the amount of money you invest, planning a long-term investment strategy, or seeking out investments that generate higher returns (retirement plans, stock options, and oversold stocks).

How can I make money fast in Kenya?

Let’s dive in and explore the ten modern ways to make money online in Kenya.

  1. eCommerce/Dropshipping. …
  2. Blogging. …
  3. Freelance Web Development, Design, and Maintenance. …
  4. Offer Digital Marketing Services. …
  5. Launch an informative and entertaining YouTube channel. …
  6. Record a Podcast. …
  7. Write and Sell eBooks.

What is the best investment for 5 years?

Types of Investment Plans for 5 years

  • Savings Account. …
  • Liquid funds. …
  • Fixed Maturity Plans (FMPs) …
  • Arbitrage Funds. …
  • Bank FDs or Postal Term Deposits. …
  • Recurring Deposits (Rds) …
  • 5-Yrs National Savings Certificate (NSC) …
  • Monthly Income Schemes (MIPs)

Where can I invest money for 2 years?

Let’s take a look at the Best short term investment options to invest in 2020.

  • Recurring Deposits.
  • Money Market Account.
  • Debt Instrument.
  • Bank Fixed Deposits.
  • Post-office Time Deposits.
  • Large Cap Mutual Funds.
  • Corporate deposits.

9.02.2021

Where can I invest 50000 for 1 year?

Here are ten ways to invest 50k:

  • Individual Stocks. Individual stocks represent an investment in a single company. …
  • Real Estate. …
  • Individual Bonds. …
  • Mutual Funds. …
  • ETFs. …
  • Invest with a Robo Advisor. …
  • CDs. …
  • Invest in Your Retirement.
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How can I double my money?

Here are some options to double your money:

  1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods. …
  2. Kisan Vikas Patra (KVP) …
  3. Corporate Deposits/Non-Convertible Debentures (NCD) …
  4. National Savings Certificates. …
  5. Bank Fixed Deposits. …
  6. Public Provident Fund (PPF) …
  7. Mutual Funds (MFs) …
  8. Gold ETFs.

What investment can make me rich?

  • Play the stock market. Day trading is not for the faint of heart. …
  • Invest in a money-making course. Investing in yourself is one of the best possible investments you can make. …
  • Trade commodities. …
  • Trade cryptocurrencies. …
  • Use peer-to-peer lending. …
  • Trade options. …
  • Flip real estate contracts.

What is the safest type of investment?

For example, certificates of deposit (CDs), money market accounts, municipal bonds and Treasury Inflation-Protected Securities (TIPS) are among the safest types of investments. … Money market accounts are similar to CDs in that both are types of deposits at banks, so investors are fully insured up to $250,000.

How can I make 1000 a day in Kenya?

How to make Ksh 1,000 Daily With your Phone

  1. Go to MPESA.
  2. Select Lipa Na MPESA.
  3. Select Buy Goods and Services.
  4. Enter MPESA till number (705909)
  5. Enter amount (Ksh999, Ksh499)
  6. Enter MPESA pin and send.

21.06.2020

Where can I invest 100K in Kenya?

Best Businesses to Start With 100K in Kenya 2020

  • Bodaboda business.
  • Fish Farming.
  • Fruit Farming.
  • Wines and Spirits.
  • Bakery.
  • Photography.
  • Fashion house.
  • Sacco Investment.

22.11.2020

Where can I invest 10k in Kenya?

5 Investments You Can Make With As Little As KSh 10,000

  1. Boiled eggs and smokies:
  2. Cleaning Services: …
  3. Stock Market: …
  4. Unit Trusts: …
  5. Government securities: The government has now allowed trading in treasury bonds and bills with as little as KSh 3,000. …
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26.09.2015

Hai Afrika!