Investment Advisor, Mr. Iddrisu Mahama, has urged Ghanaians who have lost money through investment not to lose hope, “investment is for a specific objective. The moment you stop thinking about your objective, it means you have stopped dreaming. And if you stop dreaming, you don’t have a future,” he said.
Mr. Mahama made these comments on the In-focus segment of Healthy Morning, where they discussed investment and factors to look out for before investing with a company.
He said investment is all about setting aside earnings to experience some commercial returns, adding that, all investments are not high risk; however, the risk will match the returns you are expecting.
He noted it is unfortunate that most Ghanaians are not well-educated about investments, “ninety percent of people who invest either follow friends, siblings or do so because they talked to someone they met in a car. Others have invested and they don’t even know the company” he stated.
He therefore called on Ghanaians to seek investment education by setting up investment aims and goals and work with professionally licensed investments advisors, “If you set up you objectives to invest and you get an investment advisor that gives you some projections and advise on how to go, you won’t go running around to grow your money to hundred percent in one year” he said.
Before investing with an organization, he said, one should inquire from the company and be certain that that they are accordingly licensed for the type of invests they offer and can pay the returns they promise, “the person must take you through how they are licensed, the products they have, the returns they five on those products and tell you how the returns are worked out. Ask them if they are licensed to give you investment advice,” he said.
Source: HSTV News