Are there good Ideas for money investment for 50,000 SR in saudi arabia?

Question

Are there good Ideas for money investment for 50,000 SR in saudi arabia?

Answer 1

Distribute your wealth to the poor people that live around the Haram in Makkah, and ask them to make Duaa for you everyday in front of the Kaabah.

You will get abundant reward in the Aakhirah, Insha Allah.

Answer 2

.....how about opening a movie house or a liquor store? I'm just kidding....lolz....just can't think of any good investment for that amount of money.....but you know if I have that amount, I'll just save it in the bank for future use or for emergency use......

Answer 3

start your own business.

stay out of Saudi stock market, as it is very risky. almost gambling.

for the IPOs, you can afford them from your monthly budget.

now a good business idea for me, could be bad for you.



a good idea for you depends on where you are, what is your interests, your qualifications, strengths, weaknesses, ..etc.

so do a little homework, search and understand yourself. then get a professional market study and business plan. never buy a ready made.

the 50,000 is a minor issue here, because if you come up with a good business plan, you can get loans.

Answer 4

I just assume that you are an Expat working in Saudi. Why not taking the advantage of being a resident of a taxfree country to invest your money offshore?

Please be aware that you have to pull out your money of your Saudi portfolio whenever you'll leave Saudi no matter what your investment is worth.

In case you invest your money in an offshore investment it will remain tax free even after you relocate at home.

SAR 50.000 is a small amount to invest anyway. Ask yourself what your goal is. If it's "playing money" take the risk to invest it in stocks. If this money is for retirement go for something safer like bonds. If you want to receive your money taxfree after leaving Saudi, invest your money offshore.

All the best.

Answer 5

I am investing my money in stock market.  There are two promising companies that I already put my money in.

1 - Inma Bank, right now each share is 18.50

2 - Zain communication company, right now each share is 25.25.

Inma bank just opened, so the shares are really cheap, and they will go up soon.

Zain is a communication company and they are going to star the business here very soon, in the coming 2-3 months.  Communication is the leading business in Saudi Arabia.

For stock market you don't have to be Saudi.

Other investment, e.g. shops, are pain in the a$$ because you have to deal with the government,  And when it comes to government, you will hear many different rules from every person.

Answer 6

IPO's no doubt.

If not possible, then MAYBE the stock market if you know what you're doing. Like maybe you could buy SAFCO and watch urea prices, if they remain at 700$ or so, or go up even higher, definitly buy SAFCO.

Otherwise the stock market is kinda dangerous because most people have no idea what they are doing, and basically gamble with no knowledge of technical or fundemenral analysis.

You might want to look into real estate mutual funds, but you can get your money back only after 5 years, and im not sure if 50 thousand meets the minimum requirement.

Sometimes simple ideas like buying animals letting them reproduce.

And quite frankly, people that rent places and sell vegetables make loads of money.

Theres many ideas and in the end it depends on you, your management, creativity, vision, location etc

If you have good social skills, working as a real estate agent would cost near nothing and help make lots of money.

Or if you're not Saudi, see whats cheap in your country and might sell well in Saudi...

Answer 7

Not a lot except opening a bakala,all things come on 30 days credit,pay after 30 days and keep the profit.location is very important

Answer 8

If you are Saudi, then I think iktetab is the best way to invest your money because you're guaranteed to make money.  However, you probably wouldn't be able to get 50K in shares in one company.

Otherwise, I'd say to invest in the stock market.  Here's the link to check the Saudi Stock Exchange online:

http://www.tadawul.com.sa/wps/portal/!ut...