A financial expert and associate professor of economics at Andrews University in Michigan, Professor Williams Kwasi Peprah, has advised young people to take advantage of the economic situation in Ghana to invest in stocks, because they will reap the benefits in future.
The government has set up a technical committee through the Finance Ministry to address concerns raised by the Individual Bondholders’ Forum on the Domestic Debt Exchange Programme (DDEP).
Speaking to Kwaku Nhyira-Addo on the Asaase Breakfast Show on Thursday (19 January 2023), Peprah said: “Now, probably, is the best time to purchase a stock.
“Because the prices are low, if you are young – between the ages of 35 [and] 40 … it is the best time for you to enter into the stock market, because you have time to enjoy the gain and dividend.
“Still, with our human nature, there are some of us who want to focus on capital gain or appreciation. So, some of us will still be investing in the stock market,” Peprah added.