Skip to main content
GAPNEWS

Four deadly investment mistakes you must avoid.
One of the best ways to secure your future is investing your money. Many people keep asking when they should start investing. Well, start investing your money right now. The earlier you start the better. While investing, avoid silly mistakes. Here are four deadly investment mistakes you must avoid.

1. Investing without a plan
There are many people who invest just for the sake of it. Never invest your money without a good plan. Make sure you foresee where you want to be several years down the line. Once you are aware of your future plan, it will be easy to invest.

2. Not investing in your financial education
Many people start investing without knowledge about money. This is one of the worst mistakes to make. Ensure you equip yourself with financial knowledge before entering the field. You cannot afford to get anything wrong at this stage in life.

3. Not matching investment style with your personal goals
Make sure your investment style is in line with your personal goals. If they are not matching then you should reconsider your moves. The style and goals must match for success. Ensure they are aligned for a smooth sail through in life

4. Placing excessive trust in experts
Experts also fail at one point. Understand that there are risks involved in any investment. Never assume that experts are 100% right

Comments

Post a Comment

Popular posts from this blog

GAPNEWS The need for Ghana to prepared for future uncertainty that could affect the economy. Ghana is endowed with gold and oil palms and situated between the trans-Saharan trade routes and the African coastline visited by successive European traders, the area known today as Ghana has been involved in all phases of Africa's economic development during the last forty five years.  In 1981 a military government under the leadership of Flight Lieutenant Jerry John Rawlings came to power. Calling itself the Provisional National Defence Council (PNDC), the Rawlings regime initially blamed the nation's economic problems on the corruption of previous governments. Rawlings soon discovered, however, that Ghana's problems were the result of forces more complicated than economic abuse. Following a severe drought in 1983 (fire out break), the government accepted stringent International Monetary Fund (IMF) and World Bank loan conditions and instituted the Economic Recovery Program ...
Post a Comment
Read more

Happily, the two directors who caused PBC woes lost their bid to be NPP parliamentary candidates – Mahama

GAPNEWS Happily, the two directors who caused PBC woes lost their bid to be NPP parliamentary candidates – Mahama Former President John Dramani Mahama has said that the directors of the Produce Buying Company (PBC) will be investigated for their actions that caused the problems of the company. Mr Mahama accused the two directors of attempting to seek refuge in Parliament from accountability, but God being so good, they lost their bid to be parliamentary candidates on the ticket of the New Patriotic Party (NPP). Speaking with cocoa farmers in Kumasi and the General Agriculture Workers Union on Thursday, February 8, the flagbearer of the National Democratic Congress (NDC) said, “The workers of PBC have not been paid for about 8 months to 9 months and it is not known when they will receive their salaries, it is instructive to note that two of the directors who have left PBC into the ditch could see that they had finished the company and so they were looking for new careers and so they wen...
Post a Comment
Read more

Finance Minister Amin Adam outlines seven priority points in his first meeting with mg’t of MoF

GAPNEWS Finance Minister Amin Adam outlines seven priority points in his first meeting with mg’t of MoF The Minister for Finance, Dr. Mohammed Amin Adam has outlined seven priority points in his first meeting with the Management of the Ministry. He met the entire management on Monday February 19 I will bring new urgency to bear on the work so we can run and fly and make an impact within this short period” he said. Dr Amin succeeded Ken Ofori-Atta at the Ministry in the recent ministerial reshuffle done by President Akufo-Addo on Febraury 14. Earlier, he told journalists that “Revenue collection will be pursued aggressively. So you are going to see me moving around the revenue centres, the ports, the airport, and the market areas to encourage the staff of GRA to collect more revenue but also to institute a friendly approach to collecting revenue.”
Post a Comment
Read more