where can i invest for my savings to earn compound interest
some things dont come easy.
Maybe uweke fixed deposit. kwenye interest ni 6.5 a year, na inflation ni kama 10 a year. You basically do nothing. In short, think.
Money Market Fund…look for reputable companies like CIC…Their interest rates is usually arounf 9% p.a compounded monthly
What?? Money market is much better 9.5%-10.8% sio mbaya .
vis a vis inflation?
Kwani ukiweza kuweka 5m upate 500k a year shida iko wapi? Other things like inflation wachia economists.
COMPOUNDING interest is the eighth wonder of the world.
In every aspect of life, small things done today = to great things later in life
My friend, no bank in Kenya will give you a fixed deposit rate of >6.5.
On the contrary, where will you infest 5m and get 500k a year?
treasury bonds