Stanbic Investment Management Services (SIMS) Advises Tertiary Students to Start Investing Early for Future Security

Head of Client Experience at Stanbic Investment Management Services (SIMS), Miriam Maku Amissah, has encouraged young students in Ghana to start investing while in school. Speaking at the launch of Financial Literacy Month in Accra, Amissah emphasized the importance of cultivating the habit of investing at a young age, stating that it is essential for securing one’s financial future.

She advised students to put aside a portion of their money and seek out a good investment policy that will help them grow their money. Amissah noted that expenses tend to increase after leaving school, so starting early is key.

Amissah also urged Ghanaians to explore investing in private equity as a way of creating sustainable investments that can benefit the community. She stated that responsible investing is crucial, and investing in private equity is a great way to align investment portfolios and diversify away from government securities.

The Center for Financial Literacy Education Africa has declared April as ‘Financial Literacy Month’ and will be organizing a series of activities to raise awareness about the importance of financial literacy education. The organization aims to empower individuals to make informed and effective financial decisions.

Amissah’s advice comes at a time when many Ghanaians are apprehensive about investing due to the government’s recent Domestic Debt Exchange Programme. However, she believes that with the right investment policy and guidance from qualified investment advisors, young people can start investing early and secure their financial future.