Ghanaian investors urged to focus on bonds in 2019 for best returns

Dollars
  • In 2019, Ghanaian investors have been encouraged to focus on bonds.
  • The Head of Wealth Management at the Standard Chartered Bank said investment in bonds this year will guarantee strong returns.
  • Setor Quashigah also added that it is best to invest in products that can make cash readily available to investors.

The Head of Wealth Management at the Standard Chartered Bank, Setor Quashigah has entreated investors to focus largely on bonds in 2019 for them to enjoy the best returns.

She was speaking at the bank’s 2019 Global Outlook and its Wealth Offerings in Accra.

Mrs Quashigah explained that the prudent investment in bonds this year will guarantee strong returns.

“This year, our investment theme is ‘A Year to Prepare and React’. Prepare and react because we’ve seen a few trends here and there and we are advocating that, for instance, don’t tie yourself up into very tight equities and keep it simple, be nimble enough to be able to move when the tides change. What we’ve also said is that if you look at the current trend, emerging market bonds are the way to go, including Ghana bonds.”

She also added that it is best to invest in products that can make cash readily available to investors. She indicated that it is only prudent to maintain some instruments that can be easily liquidated.

“We’re not asking people to keep money in their savings or current accounts idle. What we are saying is yes, keep some idle but also invest in funds you can quickly get out of and move into some other funds.”

This advice has become necessary especially because of the poor choices of investments some Ghanaians have made in the past.

An example is the investment in Menzgold Ghana where customers are now agitated because it seems their principals and returns have all gone down.

JOIN OUR PULSE COMMUNITY!

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Amazing transformation of 21-year-old man bullied for being born different (video)

Amazing transformation of 21-year-old man bullied for being born different (video)

Why do guys still masturbate when they have girlfriends?

Why do guys still masturbate when they have girlfriends?

Abel Mutua's movie makes over Sh4M in 5 days

Abel Mutua's movie makes over Sh4M in 5 days

I spent Sh800K - Vera speaks on begging for money to fund lavish Baby shower

I spent Sh800K - Vera speaks on begging for money to fund lavish Baby shower

British MP claims she didn't know her flat was owned by the Kenyatta family

British MP claims she didn't know her flat was owned by the Kenyatta family

Shika Simu yangu bro, we need you - Eric Omondi begs Eddie Butita

Shika Simu yangu bro, we need you - Eric Omondi begs Eddie Butita

Cooking for Drake, collaboration with Wizkid and other things Tems revealed in a Twitter Q&A

Cooking for Drake, collaboration with Wizkid and other things Tems revealed in a Twitter Q&A

5 things you should never do to please a woman

5 things you should never do to please a woman

Mulamwah and girlfriend Sonie welcome a bouncing Baby Girl (Photo)

Mulamwah and girlfriend Sonie welcome a bouncing Baby Girl (Photo)