Opinion: How would you invest Sh. 1 Milion?

If You have 1 Million shillings and you are not interested in investing it on farming or business, Where else can you invest it and what will be the return.

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The following 11 financial vehicles based on your risk tolerance will help you know where you can put your money and the expected return;

Special Funds (e.g., Mansa-X)
Average Return: 17.4%
Net Return (After Tax): Ksh 173,600
Risk Level: High.These are alternative investments often tied to forex trading, derivatives, or other financial instruments. They offer high returns but carry substantial risk due to market volatility.
Infrastructure Bonds (IFBs)
Average Return: 16.0%
Net Return (After Tax): Ksh 160,000 (Tax-Free)
Risk Level: Low. These are long-term government-issued bonds specifically for infrastructure development. They are low-risk investments, given their tax-free nature and government backing.
Dividend Stocks
Average Return: 16.0%
Net Return (After Tax): Ksh 152,000
Risk Level: Medium to High. Dividend stocks offer returns through annual payouts and potential capital appreciation. The risk depends on the stability of the companies and stock market fluctuations.
SACCO Share Capital (Dividends)
Average Return: 15.0%
Net Return (After Tax): Ksh 142,500
Risk Level: Low to Medium. SACCO share capital is relatively stable, with dividends distributed annually. Risks include the SACCO’s financial health and management.
Fixed Coupon Bonds
Average Return: 16.3%
Net Return (After Tax): Ksh 138,550
Risk Level: Low. These bonds offer predictable returns with fixed interest rates, making them low-risk investments.
Treasury Bills (364 days)
Average Return: 14.0%
Net Return (After Tax): Ksh 119,000
Risk Level: Low.Treasury bills are short-term government securities with low risk, offering a secure return but subject to a 15% tax.
Money Market Fund
Average Return: 13.0%
Net Return (After Tax): Ksh 110,500
Risk Level: Low. These funds are ideal for liquidity