"Patience is bitter, but its fruit is sweet." Aristotle. Today on the stock market 7,416,123 shares traded amounting to GHS6,402,657.11.MTNGH dominated trading with 6,689,020 shares trading valued at GHS5, 551,326.00.MTNGH hits new Year-High gaining a Pesewa to close at GHS0.83.Shares that traded: MTNGH, GGBL, GCB, ETI, GOIL, SIC, SOGEGH, TOTAL, EGH, SCB & RBGH.Market gains … Continue reading The Market Today: MTNGH Gains A Pesewa.
In the quest to maximize returns over a long time and accumulate wealth, I have decided to focus on the pros and cons of investing in a relatively low interest rate on the 91- Day Treasury bill in Ghana with a rollover of interest and principal, the 182-Day Cocoa bill with similar rollover option compared … Continue reading The Bond Market: Treasury Bills vs. Bonds & The Power of Compound Interest
For some days now, I have been looking into ‘Income Earning Assets’ – instruments, products, accounts that can provide or generate steady income over time. Another parameter is an asset that generates passive income without significant effort from its owner. Some times we get so busy with the hustles of life that we cannot … Continue reading List of Income Earning Assets You Should Explore
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Bloomberg's John Ainger explained what's happening in the Greek bond market quite well in his article 'Greek Bonds Emerge From the Fire of 2011 Stronger Than Ever'. What comes to mind is Ghana's high yielding bond market. Comparing Greece to the peers, you will see the looming danger as Greek bonds have returned over 20% … Continue reading Is Greece Bond Market the Future of Ghana’s?
Let me begin by sharing a joke. "................ A couple watching TV after a hard day at work started conversation. Wife: Do you drink beer? Man: Yes Wife: How many beers a day? Man: Usually about three Wife: How much do you pay per beer? Man: $5.00 which includes a tip. Wife: And how long … Continue reading Accumulation – A Powerful but Less used Tool to Create Wealth