4 Ways to invest Ksh 10,000-100,000 Ksh To become a millionaire
View pictures in App save up to 80% data. . Depending on your income and responsibilities,ksh 10,000 may seem like a lot of money or too little.I still remember my first ksh 10,000.I was gifted by my aunt.Graduates from collage or universities have numerous opportunities to earn descent cash as self employed individuals,or the massive online opportunities.you just need to do some research on numerous opportunities a vailable.Bellow are four good investment Ideas.
1. Peer to peer lending
With Ksh 10,000 You can lend small amounts to your trusted business associates in return for a small profit margin.Peer lending works best where cash strapped business communities rely on a few individuals to boost their caital to increase stock.The Somalis in Kenya runs Successful peer lending as Investment.
2. Resell products on Amazon FBA
Fulfilment by Amazon (FBA) allows you to make money Quickly.You deliver the goods that you want to sell to an Amazon fulfillment Centre and once the goods get sold,Amazon deals with the packing Shipping and customer Services for you for free.Before you venture into this business,you have to put in some cash to get Amazon license.
3. Buy Bonds
Bonds are ways in which government or large coperations borrow from The public to fund Project.Their Intrest varies with the duration of the bonds and the amount issued.The intrest fluctuates with the economic trends.Bonds are a great substitute to saving money in the bank.With as little as ksh 3000,you earn a 10 percent anual intrest .
4 Real Estate
Owning aproperty today is an Uphill Task.This,however does not mean that you cannot invest in real estate.A real estate investment trust is an excellent way to own a commercial property.