We are your trusted friend who goes beyond the provision of financial solutions. At the heart of our mission is to ensure your overall financial wellbeing.
Our accounts are designed to give you a helping hand to ensure you plan smarter and live better and provide you with the best financial solutions.
We help you plan for your short and medium-term commitments as well as emergencies. Saving money helps you achieve your goal.
Invest and co-own a growing financial institution. Secure your future through regular savings and investments.
Everything you need to know about Amica
Investing is setting money aside into financial schemes, shares or stocks, property, or a commercial venture with the expectation of a return. The return could be dividends, tax benefits, interest, and improved liquidity, among others.
You can also invest for a foreseen future expense or need like owning a dream house or a car, savings for retirement or your children’s education.
Based on your income levels, risk appetite, and investment goals, many investment options are to choose from. Some of them include;
Setting cash aside in an investment account is considered a low-risk type of investment, which is an excellent place to start. Money set aside in savings account and investment accounts earn you premium interests, and you need not worry about losing your initial investment. The deposits are also readily available in case of an emergency, unlike other forms of investment.
Stocks are “shares” bought in a particular company/ organization. As a shareholder, when the company/ organization makes money, you also make money, and when the company increases in growth, the value of your shares grows as well.
Shareholders can also receive dividends if the company chooses to distribute earnings.
Take Note: Warren Buffett became a successful investor by investing in stocks, so can you!
Our Country is heavily dependent on agricultural products, so the farming business presents an excellent investment opportunity. There are different options: an incubator for egg production, manure production, greenhouse farming, rabbit and poultry farming, among others.
Treasury bonds are a secure, medium to long-term investment that typically offers you interest payments throughout the bond’s maturity every six months. The Central Bank auctions Treasury bonds monthly but offers various bonds throughout the year, so prospective investors should regularly check for upcoming auctions.
Most Treasury bonds in Kenya are fixed-rate, meaning that the interest rate is for the entire life of the bond.
There are various ways to invest in, i.e. homes, business buildings, apartments, farms and plants/ factories. Property such as buildings for business operations, land, and homes are often expensive investments, which turn down investors with less capital.
You can make money by buying property at a below-market rate and selling it at a relatively higher price, as well as by renting or leasing the property to tenants.
Simple Investment Tips;
“Only buy something you would be perfectly willing to hold if the market shut down for ten years.” Warren Buffet.
Need a friend to help you Plan Smarter so you can Live Better?
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Branches
Telephone: +254 729 333 444/ 0111 026 100
SMS Code: 20298
Email: hello@amicacs.co.ke
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