Best Investment to make in Kenya with money won from jackpot

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If you win money from a jackpot, which is the best investment to make in Kenya? Many people after winning millions, they rush to pay dowry, buy expensive vehicles, buy matatus,go for vacation abroad or start making friends happy by spending on them—all those investments are useless.

After gambling with your money and won millions, don’t gamble with your millions again, start a viable investment that will generate income for you.

When Cosmas Korir won Ksh208 million, he didn’t rush to invest the money, he saved everything in the bank except Ksh2 million which he used to build a permanent house in Bomet.

The type of investment to make depends on the amount of money you win. After winning the money, deposit everything into your account and relax for sometime as you figure out what you would do with it.

From my own experience, investing in real property is the best decision you’d make. For instance, if you win Ksh20 million, look for land in a busy town and build apartments—even one apartment is enough. The money is enough to build a house that will generate over 100k per month for the rest of your life.

In case you win over Ksh100 million. Save half of the money in your bank account and take half of it to insurance and buy Unit Trusts.Ksh50 million will generate for you over 500k per month. Your money is not subjected to any risk. When you wish to withdraw the 50m, you’ll just write an email to the bank and your money will be channeled to your account within 2 days.

Never make a mistake of starting a business that you don’t have prior experience of running it.The safest investment to make is to buy land and build something that will be generating income for you.

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