Are you the kind of person who is working or having business but has no or don't know how to do investment?
Below are some of the investment ideas you need to try.
1. Saccos
Savings and Credit Co-operative Society (SACCOS) is another idea of investing your money.
You deposit your money and what you get in return is dividends. The money you deposit is given out to the members at a certain percentage and at the end of the year, the profit is divided to members in the form of dividends.
2. Shares
A share is a unit of ownership interest in a corporation or financial asset that provide for equal distribution in any profit, if any is declared, in the form of dividends.
A share stands for ownership. Most people have found this to be one way of investing their money.
3. Savings Account
Instead of bagging your money in your house, it is better for you to open a savings account.
This helps you to keep your money safely at an interest. You can decide to save your money in a regular savings account or a fixed deposit account.
Fixed deposit is where one saves the money for a stated period of time.