What can i invest 100k in

That will mean stocks. All Rights Reserved. Only after these are maxed should someone invest into a brokerage account or P2P lending. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. Help Jeff I am a 57 yr old widow on disability due to serious health issues. Try starting with a robo advisor like Betterment. That will enable you to avoid withdrawing funds at a time when the market will be low.

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Are you thinking of investing in a small business? Then you have come to the right place. With just the right kind of attitude and a clever business model, you can set up a thriving business just about anywhere in this country. When it comes to investing in a business, coming up with the best investment idea is often the most important. After all, if you are investing in a business then what you are definitely interested in is reaping some profits.

Best Ways To Invest $100,000 In 2019

The operative word here is discretionary. If you do have debt outstanding, then most finance professionals would say that your number-one priority for that chunk of change is to pay down your debt. Once that is done, and if you already have some other assets in place—such as a viable retirement plan , an adequate emergency fund, and some other well-placed capital—then you’re already ahead of the game. If so, then you probably know what some of your options are already. However, if you are new to investing, then you may want to start with some research. In any case, there is no one «best way» to use this cash; there are many options. As with any other financial decision, your job here is to choose the investment vehicle —or combination of vehicles —that is right for you.

DIY Investing

Are you thinking of investing in a small business? Then you have u to the right place. With just the right kind of attitude and a clever business model, you can set up a thriving business just about anywhere in this country. When it comes to investing in a business, coming up with the best investment idea is often the most important. After all, if you are investing in a business then what you are j interested in is reaping some profits.

Read on to see how to invest k in Kenya. Investing is the act of putting aside money or capital towards an endeavor with the intention of reaping some additional income or profit. Investing is a long-term action that will bear fruit in the long run. That is why when it comes to investing, the main goal is always to maximize the growth through an acceptable amount of risk over a period of time.

The main difference between the two terms is that saving often requires little to czn risk while investing is all about taking the risk. Secondly, saving and investing also differ in that saving ca more about preserving capital while investing is more about increasing capital through profit.

In Kenya, you can invest in a wide range of business that will result in profits for you and your business in the long run. This article highlights how best to invest k in business. Especially if your investment interests are backed up by a lot of research — which it should be.

The best way to get started with investing is identifying the ideal business opportunity to put your money in. You can choose to invest i shares or to invest in real estate. Therefore, without further ado, check out these five k business idea:. Car washes are cropping up at every turn and with good reason. Today, there is hardly an estate or residential area that lacks one or two car washes. However, what you may not realize is that these small businesses are actually gold mines in disguise.

The next time you take your car for a cleaning, sit back and try to imagine the logistics of running a car wash business as well as the revenue that such a jnvest could be creating. A car wash that has been set up in a prime location with an ideal number of workers- around employees, has the ability to handle at least cars per day. On average, each car is charged at KSh This, multiplied by the number of days that the car wash is actually open.

Well, I will let you do the math…. In fact, what you need is a prime spot, enthusiastic workers and an endless supply of water. Sounds simple enough, right? However, there are other important factors that come into play. For example, did you know that you will need a municipal license to set up your car wash business?

Likewise, car washes have a tendency to rack up large electrical bills from the constant pumping of water. Nevertheless, all this can be handled by a car wash that has been cleverly set up.

Check out this brief outline of inevst start-up costs for a small car wash business:. Of course, it goes without saying that these costs will vary from business to business.

However, what j most when it comes to setting up a thriving car wash is the location. Aim to set up your business in an area with constant steady traffic. You should also ensure that your carwash investt easy to spot and easy to access as. This is one of the best business to start with K in a well populated area. Today, it is nearly impossible to walk for a few meters without bumping into an M-Pesa shop. Unintentionally, these mobile networks have presented entrepreneurs everywhere with a golden business 100kk.

Money transfer businesses are the perfect opportunity to invest in a small business that is guaranteed to bring in a steady flow of cash at the end of every month. The best part? This businesses is fairly easy to set up- which probably explains why they are so common. All you need to set up such a business is a small branded kiosk, an ETR machine as well as an official registration from Safaricom or Airtel.

However, due to the large number of such ventures, you will need to be what can i invest 100k in strategic about where you set up your business. You will need to target an area with high human traffic that is also easily accessible. In addition to this, you will need to have a well-branded kiosk that stand out well against the environment in order for your kiosk to be easy to spot.

So, how much can such a business make? As an entrepreneur who has been very interested in this line of business, I have often posed this very question to M-Pesa owners. The answer I often get is that on a good month, an average money transfer shop can make as much as 50, Impressive, right?

Especially if you take into account how simply these businesses operate. Another reason this venture might be the perfect fit for you is this- little to no marketing is required for this business. The mobile networks have taken care of this part on your behalf. Therefore, all you need to do is swoop in and benefit from the already converted customers when you invest money in Kenya this way. Especially, if you have plans to set up a business or undertake a personal project in the near future.

The best part about investing in invesst SACCO is that many of them are willing to lend up to 6 times the saved. Also, the fact that there are so many of them, means that you will literally be spoilt for choice. A SACCO will provide you with a good capital base coupled with a low interest rate which is pretty great.

As I have already mentioned, SACCOs are numerous and chances are, you will be spoilt for choice when it comes to picking one. Especially if you intend to split your savings into monthly installments. If you can train yourself to save regularly and on time, then you will have no problems when it comes to investing in a SACCO. Boda bodas are everywhere these days which explains why investing in a small boda boda business is actually a very clever.

A boda boda business is easy to set up and has fast returns. Consider this: to start a boda boda business all you need is a good motorbike which will cost you around 80, as well as a rider and a busy area to set up your route in. Once you have this, you are good to go. However, on the other hand, this type of business cxn with a lot of risk, some of them obvious and others a bit less so.

For example, the biggest risk when investing in this business is road accidents. As you are probably aware, everyday boda bodas are involved in grizzly road accidents sparked by recklessness and many other reasons.

Another huge downside of this business is safety. You will need to scout for a secure and safe route where inveet boda boda can operate safely away from threats such as thieves and carjackers.

On the other hand, this type of business has a lot of perks. For starters, it is very easy to set up a boda boda business. In less than 2 weeks, you can have a fully functional bike on a lucrative route, making you money. Secondly, this business has fast returns that can go a long way in supplementing your income.

On a good month, this type of business can bring in as much as KSH40, or even more depending on the area of operation. Thirdly, this business has low operating costs. How much does it take to sustain a boda boda business? Not. What you will have to take into account is the recurring expenses such fuel, salary and maintenance what can i invest 100k in for the motorbike.

However, aside from that the business will run smoothly. Finally, another perk of investing in a boda boda business is that it requires no marketing or advertising cost. Once you set up your boda boda on a busy route, you will never lack customers for your business. Kenyans have and always will love meat that is why investing in a ca butchery business will always be a good idea.

Setting up a butchery is actually very simple. However, the most important factor to consider when setting up this type of business is location. Before you open your butchery, you will need to scout for a location that is open, clean, secure and accessible.

The best location is somewhere close to a residential area. What does it take to set up a butchery? Well, setting up a butchery does not require. Cam, this is one of the best ideas to set up with a capital of less than k. This type of business does not require a lot of labor yet bears huge returns. Here is an outline of the costs and expenses of setting up a small butchery:.

When setting up this business, you will innvest to bring in an assistant who will actually work in the butcher shop. For that reason, you will have to take into account expenses such the salary. Another important factor when setting up this type of business is identifying a reliable meat supplier.

You can even consider setting up your business somewhere close to a slaughterhouse to cut down on expenses such as transport. Nevertheless, this type of business is very lucrative. This amount can drop to 50, on a bad month. So there you have it, 5 legit business ideas that can be started with ivest or .

Inherited $100,000 From Mom

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As an example, what would you do if you unexpectedly lost your job? That will enable you to avoid withdrawing funds at a time when the market will be low. As with any 1100k financial decision, your job here is to choose the investment vehicle —or combination of vehicles —that is right for you. Is this easily achievable with what we want to make annually and what we have to invest with? I HAVE