Taking his flip on the Effective Living Series on Citi FM and Citi TV, an entrepreneur, Yaw Benneh-Amponsah, suggested Ghanaians to make higher selections by investing in the direction of their future because the world battles financial upheaval.
Commenting on the subject, “Where do I invest my money now” Yaw Benneh-Amponsah, outlined some 4 areas Ghanaians can invest their monies.
Investing in companies: People ought to invest in companies. Investing in companies will create worth for you on this financial disaster. In phrases of funding, that is the most effective time to look out for alternatives where potential companions are seemingly to carry some expertise that can enhance your enterprise.
Investing in your self: Try to purchase a brand new ability, both in entrepreneurship or by education in order that by the point the economic system bounces again, you stand the possibility of being forward of your colleagues. Continuous studying is vital for everyone, invest in your self first by looking for larger training.
Have danger urge for food: Hold your money in foreign exchange, and take a look at to invest in USD. Control your money to yield a optimistic return. If it’s attainable, purchase FX [forex] and hold it to reap the advantages in future. More than 50% of Ghanaians’ issues might be solved in the event that they ditch cedis for {dollars}. Try to invest in {dollars} to shield the worth you’ve created by your sweat. Patriotism on an empty abdomen is nothing. Don’t hesitate to commerce in {dollars} to get some returns when the chance avails itself.
Real property: It’s an excellent space to invest in, although it’s not as profitable as typically folks suppose. But you stand an opportunity of gaining extra advantages sooner or later. Demand has gone down, so that you construct slower and never in a rush to save your money as a result of those that purchase from it’s possible you’ll be paying in bits and your money might be locked up in debt. Buy development supplies in bits to prevent from the burden of excessive costs in items and companies.
https://www.youtube.com/watch?v=/SmdnXapVn20
Source: citinewsroom.com
