THOUGHT OF THE WEEK
DO’S AND DON’TS OF INVESTMENTS (PART 1)
DO’S
1. Education
You will need to educate yourself about investments by researching on companies you want to invest with. Study a company’s core values, financial statements, and management, as well as any other beneficial information that gives insight into its investment potential. Choose an investment advisor to guide you in the process, and make sure he or she has adequate experience and knowledge about investing.

2. Diversify
It is better to own more investments than less. A diversified portfolio should not only be varied in its number of investments but also in types of investments. In the event that one or two of your investments begin performing poorly, it may not affect your entire portfolio greatly.

3. Invest long term
Many investors who have become wealthy are long-term investors. Long-term investing is more stress-free and gives investments time to make a greater impact. Due to compound interest, you can earn more over the life of your investments by investing less now than a larger amount later. The inevitable fluctuations of share and bond values, and of the funds that invest in them, matter less and less the longer you hold them, because the ups and downs even out over time…..(to be continued)

Disclaimer
This weekly report is the copyright of NIMED Capital Ltd. (NIMED), an investment banking company licensed and regulated by the Securities and Exchange Commission (S.E.C.) of Ghana as Investment Advisers as well as the National Pensions Regulatory Authority (N.P.R.A.) as an approved Pension Fund Manager. Information and opinions herein have been compiled or arrived at based on information obtained from sources considered reliable; we therefore do not hold ourselves responsible for its completeness or accuracy. All statements of opinion, projections, forecasts, or those relating to expectations regarding future events or performance of investments represent NIMED’s own assessment and interpretation of information currently available to NIMED, which are subject to change.