KEVIN2 wrote:Wachira saves 150,000/= every month after meeting all expenses .What are the best investment options for him?
Good Money. Eish. I'm not a risk taker very much, so I would insert that into good sacco, and buy slowly buy several pieces of land over a short period.
This will spread your Risk. For eample, in Three Months you have 150K * 3 = 450K , enough for a Plot. In one Year you have 4 or 5 Plots, all of these appreciating.
The Next Year, you may decide to Buy More, then later, use the acquired Plots as Security to Get Loan for building some of them. You can start with the one in Most Urban Area.
I know nothing about Stocks, so won't mention it. Sorry.
Last advice, be sure to COMMIT (sacco etc) that money every time it lands on your hands, else, itapata shughuli za OVYO.
ALL THE BEST.
Life is joy, death is peace, but the transition is very difficult.