Financial literacy helps consumers of financial services to handle financial matters better and to understand that investment is not a get-rich-quick scheme, but rather a patient process of building wealth over time. Welcome to Doobia.com’s investor education resources, which are aimed at guiding investors through articles that capture our in-depth local knowledge, explanation of financial terms and webinars led by industry experts
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FAQs on the government bailout for clients of defunct fund managers
1. 1.What is the Background of the Partial Bailout Package? The Partial Bailout Package is being offered to clients of defunct fund management companies who do not have the winding up orders from the court yet. It was a decision taken by the Government of Ghana after series of engagements with the Securities and Exchange Commission (SEC) noting that many clients were suffering and were in very difficult situations....
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An idiot’s guide to investing in Ghana
5 banks down this week, 2 a year earlier. There are tales of poor governance and lending practices and directors (and shareholders) using client funds to trade for themselves. So what's going on? Who do we believe? Is there an effort to do away with local banks? What's good and what's bad in these times? Here goes.. A number of the banks gave out loans that went bad. That's not...
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Why stocks may be a better long-term investment than land
Land as we all know is a very valuable asset known to appreciate in value over time. Most Ghanaians will testify to the fact that the price at which they bought their plots of lands some years ago is not the same currently, were they to buy a plot of land in the same area after some years, they would have to pay a higher price.
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Investor Guide: How to invest on the Ghanaian stock market
This is the definitive guide to investing on the Ghana Stock Exchange, which can be very educative and useful to both new and existing investors. We take investors on a step by step guide that could help them to maximize their investing experience as well as make the best possible decisions when investing on the Ghanaian stock market.
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Benefits and Advantages of Investing in Mutual Funds
Now that we know a bit more about mutual funds and how they work, spend some time looking at the benefits of choosing to invest in a mutual fund. Diversification The diversification aspect of mutual funds is beneficial because more investment options (stocks, bonds, money market instruments) are open to you than would be if you were investing as an individual rather than as part of a group. The pooled... Read more
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What Are Mutual Funds?
In some ways, especially for the younger generations like millennials and generation z, the language of financial literacy is a difficult one to learn, especially when it comes to things that seem irrelevant to us in the moment, like the idea of mutual funds. In its simplest form, a mutual fund is money pooled from several investors and put into various financial instruments such as stocks, bonds and treasury...
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FAQs on the government bailout for clients of defunct fund managers
Investor Guide: How to invest on the Ghanaian stock market
What Are Mutual Funds?
An idiot’s guide to investing in Ghana
Benefits and Advantages of Investing in Mutual Funds
Why stocks may be a better long-term investment than land