March 31, 2022

How To Select The Right Investment For You


To make a solid investment plan, you first need to know why you are investing. Once you know the objective, figuring out which options are most likely to get you there becomes easier.

Investment strategies matter in your journey to financial freedom, and if you are one of those who want to invest right now, strategic planning can help. Remember that not everyone was born with a silver spoon. If you were born with the silver spoon though, well and good, better get to investing ASAPtually.

Most people believe that short-term goals can make them wealthier sooner than long-term goals. However, experienced investors believe in letting your money sit for a long time to give you the most optimal returns.

This again is all dependent on the factors we’re about to share.

1. How much money you have

Most investment options have a minimum investment amount; some start at Ksh. 5,000 while others at over Ksh. 100,000. We have broken down these investment options for you here, be sure to check it out to find the right one for you.
But money should never be a blocker to getting started as no matter how much money you have, you will find an option that is right for you. Koa works well for people across all income levels as you can start with as little as 100 shillings and start earning a daily compounded interest of up to 10% a year!

2. Your Goals

People invest their money for different reasons and every investor’s goal is different. To get started, you need to ask yourself some of  these questions: “Will I need this money anytime soon?”, “What am I investing for? A house? A business? My kid’s education?”, “Do I have an emergency fund to take care of any unexpected expenses?”.  
The answers to these questions will help you determine your goal, after which you can decide which investment option works best for you.

3. Your risk appetite

As you’ve learned from some of these investment opportunities, the higher the risk, the higher the return, and vice versa. An important tip to take home is you should spread your money across different types of investments as this will balance out your investment returns.

4. Your timelines

Money set aside for short-term needs should be easily accessible and in a safe and low-risk investment. For long-term goals, you have more freedom to invest in more high-risk-high return assets.

5. Brand value and consistency

Trusting any entity with your money to invest can be as risky as gambling. If you do not want to get into hot water later, you should always look for brand value. Here brand value means, looking for a company that is reliable and well trusted by people in your network. There is nothing like word of mouth popularity. Additionally, how they have been able to grow their clients’ investments since its inception is another factor to keep in mind.

With these in mind, you’re in a better position to choose the right investment plan for you and your future. Not to sway your options but remember Koa offers up to 10% compounded interest per annum. Join us and watch your money grow at your own comfort!