Tuesday, 27 September 2016

Be Smart a with investment.

I don't encourage long term investment if you have short term plans for your money. The best investment in Ghana today is:

Treasury Bill: why? this is because it is an election year and government
borrowing goes high.

Howeve: the treasury bill will be risky to invest in
especially around this time of an election year.

Touch wood, there could be instability during the voting process and about results which
could cause an investor in treasury bill to loose all his money. It is therefore
a risk you are taking. A positive risk though, well lets say you like gambling like me lol!

By Speculation and high government spending, treasury bill in Ghana is above 20%
returns.

Advise:
Invest in a 3 months treasury bill if you have the heart to take the risk.
Don't role back principal plus interest because it is a greater risk.

Hurry and be cashsmart.