Why mutual funds? Many reasons can be assigned to why people choose mutual funds’ investment over other investment products. Surely, the advantages of mutual funds can be a lot. First, most mutual funds are affordable in the sense that individual investors can start with less amount of money. Second, mutual
With the increasing trend of Ghanaians travelling overseas, a number of business institutions never stop to tailor their products and services to suit Ghanaians living abroad. One of such institutions is the banking sector. Most banks in Ghana already provide accounts in foreign denominated currencies in the form of foreign bank
Diversification can be considered as a major important aspect of personal finance and investment. Even though it has received some criticisms from a few noted investors and financial analysts, the positive outcomes of it is still emphasised globally. This has therefore drawn the interest of many personal finance writers and
The poor performance of the stock market seems to be having negative effects on the returns of mutual funds. Until the 6th of September 2017, major mutual funds in the country had been riding on the Ghana Stock Exchange for their continuous gains. This increasing trend ceased to continue following the recent drop
Wealth tracking and monitoring can be very useful in reviewing your financial situation and determining how successful you are at growing your wealth. By tracking and updating the performance of your investments on a regular basis, you can be able to estimate the stage or status of your financial independence.