Connect with us

Best things to invest your money into as a Kenyan youth

Invest in yourself

Best Picks

Best things to invest your money into as a Kenyan youth

Here are the 5 best investments you can make as Kenyan youth.

Investing your money is not easy. It takes time, patience and a lot of research to decide on the best investment opportunities for you.

Even so, there are many ways in which you can invest your money and make it grow over time. Here are the 5 best investments you can make as Kenyan youth.

1. Invest in yourself.

Invest in yourself
Woman working on a laptop (Money and Calculator placed aside) | Courtesy Pexels

This is the most important investment you can make and it’s not just because you will be able to earn more later on but also because it will help you get a better job in life.

You should invest in your education, skills, hobbies and other things that can help improve your self-esteem and confidence as well as make money for yourself!

2. Invest in small businesses.

You can start a small business with just a few hundred shillings. This is because the small business sector is the backbone of our economy, accounting for over 80% of all businesses in Kenya.

Small businesses are easy to start and they can be profitable if you know what you’re doing! You don’t need any special skills or training to run one. All you need is some time and energy.

3. Invest in Real-estate business.

Real Estate Interior Design
Real Estate Interior Design | Photo by Francesca Tosolini

This is one of the most popular investments these days as people are looking at property as an asset that can provide them with passive income.

In addition to this, real estate also offers an opportunity for those who want to build their own homes or buy plots of land where they can build houses on them.

Real estate offers several advantages such as:

  1. Tax-free returns.
  2. Capital gains tax exemption (if owned for less than 20 years)
  3. Potential capital appreciation.

4. Trading cryptocurrency.

Cryptocurrency is a digital asset designed to work as a medium of exchange. It uses cryptography for security, which makes it attractive to investors who are looking for alternative investments in the volatile market.

The cryptocurrency was first created by an anonymous developer after publishing a paper on cryptography and computer science in 2008.

Bitcoin is the most popular cryptocurrency, but there are others like Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and Monero (XMR). Cryptocurrencies are not regulated by any government or central bank.

However, they can be traded with other people via exchanges where you can buy and sell them depending on your needs at that moment in time.

5. Stock markets.

Investing in stocks is a good idea for long-term investments. There are many ways to invest in stocks, but the most common one is through mutual funds or unit trusts.

You can choose from a variety of different types of stocks: blue chips (large corporations), small-cap (smaller companies) and mid-cap (medium-sized companies) etc., depending on your preferences.

You also need to consider what kind of risk you want to take when investing, because there are some risks associated with investing such as high volatility and uncertain returns.

You don’t have to be rich to start investing.

If you’re looking to get started, it’s important to note that investing isn’t just for the rich. You can start with as little as Ksh. 1,000 and grow your portfolio over time.

  • Invest in yourself
  • Real Estate Interior Design
  • Invest in yourself
  • Real Estate Interior Design
Continue Reading
Advertisement
You may also like...

CEO & Founder of KaziNiKazi Digital.

More in Best Picks

To Top