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• Yaw Boakye 1 year ago

  It's not a sensible plan to have 0 savings and all investments. In a financial emergency you will be forced to sell investment assets prematurely instead of using some savings to cover it

  It's not a sensible plan to have 0 savings and all investments. In a financial emergency you will be forced to sell investment assets prematurely instead of using some savings to cover it

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• Francis 1 year ago

  he did not say do not get emergency funds. he is stressing that importance of not keeping reserves as savings. Make the extra money work. there is tendency for people to keep so much money in the bank in the name of saving wh ...
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  he did not say do not get emergency funds. he is stressing that importance of not keeping reserves as savings. Make the extra money work. there is tendency for people to keep so much money in the bank in the name of saving when they could invest it. you can invest in properties, T bills, open shop, loan to others. inflation eats up value of money.
  People with investments can easily et credit from financial institutions in emergencies

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• Possibility 1 year ago

  Which investment is safe in ghana theses days again?????

  Which investment is safe in ghana theses days again?????

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• Kofi 1 year ago

  Look for financial advisors for advice

  Look for financial advisors for advice

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• Kevin 1 year ago

  Is savings too not investment? When you save you expect a return!

  Is savings too not investment? When you save you expect a return!

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• Kwame 1 year ago

  Francis, you are spot on!
  
  @ Yaw, financial emergency is a probabilistic phenomenon, in scale and occurrence. Best to depend on quick or liquid asset as safeguard.
  Investment in asset helps you to stay out of trouble- se ...
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  Francis, you are spot on!
  
  @ Yaw, financial emergency is a probabilistic phenomenon, in scale and occurrence. Best to depend on quick or liquid asset as safeguard.
  Investment in asset helps you to stay out of trouble- self control on side chics, and extenalities.
  
  Note- side chic is also a project...it will drain you.

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• Alkebulan 1 year ago

  I believe what he said bam.

  I believe what he said bam.

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• Bastie Tutu Asantefournyinaahene 1 year ago

  Not in Ghana. Haircuts , haircuts

  Not in Ghana. Haircuts , haircuts

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• Thief of Staff - Akosua Frema 1 year ago

  Who cares? Ignorant fool.

  Who cares? Ignorant fool.

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