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
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.
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.
Which is the best investment company in Kenya?
Top 15 Investment Companies in Kenya
- (1) Centum. …
- (2) TransCentury. …
- (3) Old Mutual Securities Ltd. …
- (4) Olympia Capital Holdings. …
- (5) Home Afrika. …
- (6) NIC Securities Limited. …
- (7) Faida Investment Bank. …
- (8) ApexAfrica Capital Ltd.
31.12.2018
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).
What should I invest 50K in Kenya?
Here are the best businesses to start with 50K in Kenya
- Nail parlor.
- Mitumba business.
- M-PESA agent business.
- Baking.
- Small restaurant.
- Grocery store.
- Dry cleaning.
- Cereal shop.
22.10.2020
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 best investment in 2020?
Here is a look at 10 investment avenues Indians look at while saving for financial goals.
- Direct equity. …
- Equity mutual funds. …
- Debt mutual funds. …
- National Pension System (NPS) …
- Public Provident Fund (PPF) …
- Bank fixed deposit (FD) …
- Senior Citizens’ Saving Scheme (SCSS) …
- Real Estate.
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.
Which company is the best investment?
The Best Investment Firms:
- Best for Personal Finance: Vanguard Personal Advisor Services.
- Best for ETFs: Charles Schwab.
- Best for Art Investments: Masterworks.
- Best for Goal Tracking: Merrill Edge.
- Best for IRAs: Fidelity Investments.
- Best for Low-Cost Advising: Facet Wealth.
What are the functions of investment companies?
Investment companies collect funds from institutional and retail investors, and are entrusted with making investments in financial instruments according to the strategies that were previously agreed with the investors.
How can I trade stocks online in Kenya?
Here are a few steps one can follow to begin trading securities at the NSE.
- Step 1: Figure which assets to invest in. …
- Step 2: Choose your securities wisely. …
- Step 3: Choose a broker. …
- Step 4: A trading account. …
- Step 5: Choosing the stocks.