Quick Answer: Where Should I Invest My Money To Get Good Returns In Kenya?

How can I double my money?

7 Ways to Double Your Money (Fast)Open an account with a trading service such as Robinhood or Webull, which offer free stocks for opening or funding an account or for inviting friends to join.Buy IPO stock.Flip sneakers purchased on Stockx on eBay or via the Snkrs app.Sell freelance services on the Fiverr platform.More items…•.

What are the 4 types of investments?

There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.Growth investments. … Shares. … Property. … Defensive investments. … Cash. … Fixed interest.

How can I make money fast in Kenya?

More videos on YouTube1 Make YouTube videos.2 Try affiliate marketing and earn a commission.3 Let your photography skills make money for you.4 Write an e-book.5 Sell your own products online.6 Register and sell domain names.7 Create an online course.8 Rent out a spare room in your house.More items…

Where should I invest money to get good returns?

Overview: Best investments in 2021Certificates of deposit. Certificates of deposit, or CDs, are issued by banks and generally offer a higher interest rate than savings accounts. … Government bond funds. … Short-term corporate bond funds. … S&P 500 index funds. … Dividend stock funds. … Municipal bond funds.

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

Real Estate. This is one of the most famous and widely practiced investment ideas in Pakistan. … Peer to Peer Lending. This investment idea in Pakistan is peer to peer lending. … Invest in Stocks. … Invest in Banks and Investment Companies. … Gold. … Forex. … Bonds. … 3D Printing.More items…•

Where can I invest money to get good returns in Nigeria?

List of the Best Investment Opportunities in NigeriaBank Investments.Cryptocurrency and blockchain investments.Real Estate Investments.Agriculture and Livestock Investment.Bonds and Stocks Investments.

What is the safest investment with the highest return?

Here are 10 safe investments with high returns:Certificates of Deposit. … Online Checking and Savings Accounts. … Money Market Funds. … Treasury Inflation-Protected Securities. … US Savings Bonds. … Peer-to-Peer Lending. … Real Estate Investment Trusts. … Annuities.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…•

Where can I invest my money 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…•

How much are Youtubers paid in Kenya?

Otile Brown and Sauti Sol earn KShs. 4 million and KShs. 6 million respectively from their music videos.

What should a beginner invest in?

Here are six investments that are well-suited for beginner investors.401(k) or employer retirement plan.A robo-advisor.Target-date mutual fund.Index funds.Exchange-traded funds (ETFs)Investment apps.

How can I make money with my phone in Kenya?

10 easy ways on how to make money with your phone in KenyaPaid surveys in Kenya for smartphone owners. … Invest in photography. … Start a passion-driven vlog today. … Try blogging in Kenya. … Become an online tutor. … Affiliate marketing is easier with your smartphone. … Start and run an e-commerce business with your phone.More items…•

How can I double my money in Nigeria?

Below are some carefully selected ways you can double your money in Nigeria.Put your assets to work: … Buy shares: … Dividend re-investment: … Federal Government of Nigeria (FGN) bonds: … Forex trading: … Cryptocurrency trading: … Cryptocurrency investment platforms: … Setting up a side hustle:More items…•

How can I make 5000 naira a day?

10 Easy Ways to Make 5000 Naira Daily without Investment (2021 Update)Blogging. This is one of the widely methods of how to make money online in Nigeria and in these modern times generally. … Online tutoring. … Freelancing. … Affiliate marketing. … Selling school notes. … Selling your photos. … Social media Influencing.

Which is the best company to buy shares in Kenya?

Best companies to buy shares in KenyaLimuru tea. The stock of the 677 acre tea plantation has risen significantly over the past 10 or more years. … Jubilee holdings. … Centum. … Diamond Trust Bank (DTB) … Kakuzi.