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.
How can I invest 1m in Kenya?
Other banks with good interest on savings include equity bank and cooperative bank.
- Bonds. The next best way to invest your 1 million Kenya shillings is to invest in government or company bonds. …
- Shares. …
- Binary Options trading. …
- Real Estate trading. …
- Land. …
- 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.
- eCommerce/Dropshipping. …
- Blogging. …
- Freelance Web Development, Design, and Maintenance. …
- Offer Digital Marketing Services. …
- Launch an informative and entertaining YouTube channel. …
- Record a Podcast. …
- 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.
How can I double my money?
Here are some options to double your money:
- Tax-free Bonds. Initially tax- free bonds were issued only in specific periods. …
- Kisan Vikas Patra (KVP) …
- Corporate Deposits/Non-Convertible Debentures (NCD) …
- National Savings Certificates. …
- Bank Fixed Deposits. …
- Public Provident Fund (PPF) …
- Mutual Funds (MFs) …
- 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
- Go to MPESA.
- Select Lipa Na MPESA.
- Select Buy Goods and Services.
- Enter MPESA till number (705909)
- Enter amount (Ksh999, Ksh499)
- 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
- Boiled eggs and smokies:
- Cleaning Services: …
- Stock Market: …
- Unit Trusts: …
- Government securities: The government has now allowed trading in treasury bonds and bills with as little as KSh 3,000. …
26.09.2015