Question: Which Is The Best Investment In Kenya?

How can I invest 50000 in Kenya?

The minimum investment in a Treasury Bond is Kes 50,000.

You can put aside your Kes 5,000 in a savings account and when it accumulates to Kes 50,000 you simply go and purchase a Treasury Bond.

Depending on the rate offered at the time, this bond will pay you some interest every six months..

How can I make money fast in Kenya?

28 Genius Ways To Make Money Online in KenyaBitcoin trading. … Paxful’s Affiliate Program & Peer Program. … Create a virtual store. … Sell your products on online marketplaces. … Create a blog and run ads on it. … Run niche websites. … Academic writing. … Transcribe audio and video clips.More items…•

What is a good salary in Kenya?

A person working in Kenya typically earns around 147,000 KES per month. Salaries range from 37,100 KES (lowest average) to 656,000 KES (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

What is the safest investment?

1. Learn About Safe Investments. No investment is completely safe, but there are five (bank savings accounts, CDs, Treasury securities, money market accounts, and fixed annuities) that are considered to be among the safest investments you can own. Bank savings accounts and CDs are typically FDIC insured.

What is a good amount to start investing?

There’s no minimum to get started investing, however you likely need at least $200 — $1,000 to really get started right. If you’re starting with less than $1,000, it’s fine to buy just one stock and add more positions over time.

Which share can buy today?

HOT STOCKS – BEST STOCKS TO BUY TODAYComapny nameCREATE DATE/TIMETARGET PRICEUPL1/16/2020 12:47 PMTarget 596-600Sun Pharma.Inds.1/16/2020 12:47 PMTarget 460-462Kotak Mah. Bank1/16/2020 12:47 PMTarget 1706-1710

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.More items…•

Which are the best shares to buy in Kenya?

Best shares to buy in Kenya – companies to look out forLimuru tea.Jubilee holdings.Centum investment.Kakuzi.ARM cement.Crown paints.Equity Bank.KCB Bank.More items…•

What is the most profitable business in Kenya?

Top 12 Most Profitable Businesses in KenyaCake making business.Garbage collection.Mobile Money transfer shops and bank agents.Butchery.Photography.A car wash business.Wines and Spirits business.Selling Second Hand Clothes.More items…•

How do I invest wisely?

Use these 7 simple principles to save and invest money wisely:Start investing as soon as you begin earning. … Use automation to stay disciplined. … Build savings for short-term goals and emergencies. … Invest money to accomplish long-term goals. … Leverage tax-advantaged accounts for faster results.More items…

Which is the best bank share to buy?

Summary of Best Banks to Buy now in IndiaSr. No.Company NameNSE Symbol1HDFC Bank Ltd.HDFCBANK2Kotak Mahindra Bank Ltd.KOTAKBANK3ICICI Bank Ltd.ICICIBANK4Axis Bank Ltd.AXISBANK13 more rows•Dec 1, 2020

Which investments have the best returns?

Overview: Best investments in 2020High-yield savings accounts. … Certificates of deposit. … Money market accounts. … Treasury securities. … Government bond funds. … Short-term corporate bond funds. … S&P 500 index funds. … Dividend stock funds.More items…•

What is the safest investment right now?

U.S. government bills, notes, and bonds, also known as Treasuries, are considered the safest investments in the world and are backed by the government. Brokers sell these investments in $100 increments, or you can buy them yourself at Treasury Direct.

How can I double my money fast?

4 Simple Ways to Double Your MoneyInvesting. Investing is one of the best ways to grow your wealth because there’s a good chance your annual rate of return will outpace inflation, gradually increasing your net worth. … Use a high-yield savings account. … Start a side hustle. … Spend less to double your savings.

Which is the best share to buy now?

Buy Dabur India, target price Rs 565: ICICI Securities. … Buy Infosys, target price Rs 1340: ICICI Securities. … Buy Dr. … Buy Minda Corporation, target price Rs 105: ICICI Direct. … Add Westlife Development, target price Rs 470: ICICI Securities. … Add Jubilant Foodworks, target price Rs 2800: ICICI Securities.More items…

Which is the best profitable business in Kenya?

Most Profitable Businesses to Start in Kenya 2019Cyber Cafe.Selling Snacks.Travel Agency.Boda Boda ( Motorcycle)Cake Making.Garbage Collection.Mobile Money Transfer.Butchery Business.More items…•

What is the safest investment with highest return?

Safe Investments With High ReturnsSafe Investments With High Returns.High Dividend Stocks.Certificates of Deposit (CDs)Money Market Funds.U.S. Treasury Securities.Treasury Inflation-Protected Securities (TIPS)Municipal Bonds.Annuities.More items…•

How can I double my money in a year?

The Classic Way—Earning It Slowly The rule of 72 is a famous shortcut for calculating how long it will take for an investment to double if its growth compounds. Just divide 72 by your expected annual rate. The result is the number of years it will take to double your money.