I get baffled when people I come across complain how investments require substantial amounts of capital and that is the
main reason why they don't venture into investments. I beg to differ here.
For starters, you will require as low as GHS100 to enter into some types of investments. Read on to find out.
Have you heard of the old adage "little drops of water make a mighty ocean"? This applies perfectly to investment. If you
fortunate to come across a huge sum of money as capital, great for you. But for some of us, we are accumulating assets
little by little.
Investment Packages With Minimal Entry Point
Now as mentioned earlier, some investment packages or schemes are geared towards general inclusivity where everyone is encouraged to partake. This calls for a minimal entry point (low capital requirement) to enable even low income workers invest.1. Treasury Bills
A Treasury Bill is a short term debt security made available by the Bank of Ghana (BOG). Treasury bills are assigned a face value, and this is how much the bill is worth if held throughout the period. For Treasury Bills investment, you buy the bills at a discounted price and hold them until the end of the period. The most popular periods/duration are the 91-day and 182-day. Once the period ends, or reaches maturity, you receive the face value. It's as simple as that. You gave the government a short-term loan by buying Treasury Bills, and they paid you back with "interest" at the end of the period. You can read more about Treasury Bills here.Related Posts
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2. Susu or Micro Savings
Many local financial institutions in Ghana offer micro-savings accounts or locally known as "susu" schemes that allow you to save small amounts and earn interest over time. Some of these schemes require even lower than GHS100 to invest. People who engage most in these schemes are market traders, businessmen and women, but in reality these schemes are for everyone. So locate a "Susu" institution nearest to you and invest.3. Buy Shares of Reputable Companies
Many people do not know that you can buy shares from well-known companies that have listed on the Ghana Stock Exchange (GSE), and you can do that with as little as GHS100. On last check (25-09-2024), the Closing Price (GHc) of MTN, GOIL, CAL and GCB shares were 2.20, 1.50, 0.31 and 6.00 respectively. Visit the exchange's website for more information here.Now you know what 3 things you can invest your GHS100 in. So wait no more. Invest in them yourself and spread the word. You can also check investment related posts below.
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