Where can I invest money to get good returns in Ghana?

What investment gives the best value in Ghana?

Whatever your choice, building or buying real estate is a safe, low-risk investment to make.

  • Hotels. Hotels are generally a solid investment option. …
  • Fast Food Franchises. Ghanaians really love their food and this is evidenced by the countless restaurants sprinkled around the country. …
  • Oil and Gas. …
  • Mining. …
  • Land Ownership.

What investment will give me the highest return?

Overview: Best investments in 2021

  1. High-yield savings accounts. A high-yield online savings account pays you interest on your cash balance. …
  2. Certificates of deposit. …
  3. Government bond funds. …
  4. Short-term corporate bond funds. …
  5. Municipal bond funds. …
  6. S&P 500 index funds. …
  7. Dividend stock funds. …
  8. Nasdaq-100 index funds.

Where can I invest money to get good returns fast?

Here are the best short term investments schemes to invest in 2021.

  1. Short-term corporate bond funds.
  2. Short-term government bond funds.
  3. Money market accounts.
  4. Certificates of deposit.
  5. Cash management accounts.
  6. Liquid funds.
IT\'S FUNNING:  How many regions Ghana have?

How can I grow my money in Ghana?

6 Proven Ways To Grow Your Money in Ghana

  1. Opening a Savings Account. A savings account is one of the easiest ways to grow your money in Ghana. …
  2. Buying Treasury Bills. A treasury bill is a short time investment product offered by the Bank of Ghana on behalf of the government. …
  3. Opening a Fixed Deposit Investment Account.

What business is booming in Ghana now?

20 Most Profitable Business Ideas in Ghana 2021

  • Poultry Farming.
  • Snail Farming.
  • Vegetable Farming.
  • Uber.
  • Day Care Centre/Basic School.
  • Photography Services.
  • Barbering Saloon.
  • Gym/Fitness Centre.

What can one invest in Ghana?

Here are 5 ways to invest your money in Ghana

  • Fixed deposits. Also referred to as term deposits are quite straightforward as they employ the simple interest formula for calculating interest. …
  • Mutual Funds. …
  • Shares. …
  • Treasury Bills. …
  • Bonds.

How can I grow my money fast?

4 Simple Ways to Make Your Money Grow Faster

  1. Track your spending, savings, and investments. If you want to gain control of your finances quickly, you need to start with two very important things: build a budget and track your money. …
  2. Pay yourself first. …
  3. Start a side hustle. …
  4. Find a residual income stream.

How can I earn fast money?

5 Ways to Make Money Online Fast

  1. Test and review websites for cash. If you spend a lot of time online, you might as well get paid to do it. …
  2. Do someone else’s chores. …
  3. Fill out surveys. …
  4. Shop online, let the dough roll in. …
  5. Snap and sell your photos.
IT\'S FUNNING:  Why was Ghana called the land of gold if it had no gold?

How can I double my money?

Here are five ways to double your money.

  1. 401(k) match. If your employer offers a match for your 401(k) contributions, this can be the easiest and most guaranteed way to double your money. …
  2. Savings bonds. …
  3. Invest in real estate. …
  4. Start a business. …
  5. Let compound interest work its magic.

Where can I invest my money for profit?

Top 10 investment options

  • Direct equity. …
  • Equity mutual funds. …
  • Debt mutual funds. …
  • National Pension System. …
  • Public Provident Fund (PPF) …
  • Bank fixed deposit (FD) …
  • Senior Citizens’ Saving Scheme (SCSS) …
  • Pradhan Mantri Vaya Vandana Yojana (PMVVY)

How can I invest and make money daily?

How to Invest and Make Money Daily + Fast

  1. Invest in a Side Hustle, Business, or Brand.
  2. Invest in ETFs or Mutual Funds.
  3. Invest in Crowdfunded Real Estate to Grow Your Money.
  4. Use Real Estate Investment Trusts to Make Money Daily.
  5. Dividend Investing.
  6. Make Money Daily with a High Yield Savings Account.

Where should I put my money?

What to do with Cash? 6 Places to Invest Your Cash

  • Best Place to Save Money and Earn Interest.
  • High-Yield Checking Accounts.
  • High-Yield Money Market Accounts.
  • In Your Existing Investment Account.
  • Certificates of Deposit.
  • I Bonds.
  • Peer-to-Peer Lending. High-Yield Checking. High-Yield Money Market. CDs. I Bonds. Peer-to-Peer Lending.

Which bank in Ghana has the best investment plan?

Below are 10 of the top investment banks in Ghana at the moment:

  • Databank.
  • Republic Bank.
  • National Investment Bank.
  • EDC Ghana.
  • STANLIB Ghana Limited.
  • First National Bank.
  • Fidelity Bank.
  • Agricultural Development Bank of Ghana.
IT\'S FUNNING:  Who is the former IG of Nigeria?

Which bank is good investment?

Summary of Best Banks to Buy now in India

Sr. No. Company Name BSE Scrip Code
1 HDFC Bank Ltd. 500180
2 Kotak Mahindra Bank Ltd. 500247
3 ICICI Bank Ltd. 532174
4 Axis Bank Ltd. 532215

Which bank in Ghana gives the highest interest?

For agriculture, NIB and Republic Bank offered the highest interest rate of 34.8% and 33.5 – 34.2% respectively, while NIB, again, and CAL Bank offered the expensive loans at rates of 29.5 – 34.3% and 29%, respectively in the agriculture and manufacturing sectors.