How to Buy Stocks in Ghana | Seth Ofori

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  • Опубліковано 31 лип 2020
  • A beginner's guide to buying stocks in Ghana.
    Speaker: Seth Ofori, General Manager at SIC Brokerage Ltd
    Join our WhatsApp group: chat.whatsapp.com/HDAD7sfREyH...
    Invest in Gh is the #1 community for financial news and education in Ghana. Visit www.investingh.info to subscribe to our mailing list to receive all our offers and join other scheduled webinars for free.

КОМЕНТАРІ • 72

  • @danlook120
    @danlook120 3 роки тому +21

    These are things Ghana televisions have to show instead of putting pastors and akonfo on TV screens

  • @magstur
    @magstur 3 роки тому +4

    Really good advice specially at the end when Mr Ofori said doesn't matter how much you earn just put something aside in order to have financia independence

  • @benonicommodore4002
    @benonicommodore4002 3 роки тому +1

    Good presentation 👍

  • @lokkorashid4817
    @lokkorashid4817 3 роки тому +4

    Brilliant presentation

  • @eben4732
    @eben4732 2 роки тому +1

    A very informative presentation

  • @michaeladu-gyamfi3693
    @michaeladu-gyamfi3693 3 роки тому +4

    Thanks Mr. Ofori and Investingh. This information is rarely obtained.

  • @samuelboateng9088
    @samuelboateng9088 3 роки тому +2

    Nice presentation.

  • @godwinscott5321
    @godwinscott5321 Рік тому

    Ok

  • @markkpodo584
    @markkpodo584 2 роки тому

    What are some of the index funds in Ghana

  • @Aerial_Shot
    @Aerial_Shot Рік тому +1

    How can I register an account

  • @annywang2203
    @annywang2203 3 роки тому +5

    Hello. I have been watching the Ghana stock market for years now. I think there's more work to be done. Currently, less than 50 companies are on the stock market. Most importantly the share prices don't really change. ALWAYS NO CHANGE! So then how is the shareholder value maximized?

    • @InvestinGh
      @InvestinGh  3 роки тому +1

      The market has been slow for about 3 years but this was due to the banking crisis and the pandemic. Most analysts expect prices to pick up this year. The Ghana Stock Exchange is already up 12% this year so it's a great place to find stocks at attractive prices.

    • @benonicommodore4002
      @benonicommodore4002 3 роки тому

      Totally Agree with Anny. The stock performance on the GSE is so poor. ETI, EGH, MTN, FML...many many years of underperformance 😢😢. The company leadership has no true understanding of the relationship between the Stock Listing and the fundamentals of the company. It's an unfortunate financial climate in Ghana...

    • @InvestinGh
      @InvestinGh  3 роки тому +1

      @@benonicommodore4002 Stocks have started picking up. The Ghana Stock Exchange is up over 40% this year. Great place to find companies at attractive prices

    • @Blackcricket100
      @Blackcricket100 2 роки тому +1

      The value is not just the stock price but also the dividend. If the price isn't changing, then it provides more time to buy even more stock increasing your dividend.

    • @jamesbedugraham8056
      @jamesbedugraham8056 Рік тому +1

      Yeah but remembre that markets dont rise for ever.
      Money doesnt grow like weed.
      Picking stocks is like selecting the right crops for growth and harvesting.
      The way a farmer chooses his land detemimes his or her success story.

  • @ckb149
    @ckb149 3 роки тому

    How has the GSE performed for the past 5 years? How much did the stock market make for investors in the year that just passed (2020)

  • @kingbadjeiobeng-fosu6034
    @kingbadjeiobeng-fosu6034 3 роки тому +2

    Valuable insight but there is a lot voice mutations.Please address that

    • @InvestinGh
      @InvestinGh  3 роки тому

      Hello King, sorry about the audio issue. We will address it in our next webinar

  • @frimponggilbertduah5584
    @frimponggilbertduah5584 3 роки тому +2

    Please Sir how can I invest in index funds in ghana?
    And what are the advantages on index fund as compared to mutual fund in ghana ?

    • @InvestinGh
      @InvestinGh  3 роки тому

      There are currently no index funds in Ghana

    • @frimponggilbertduah5584
      @frimponggilbertduah5584 3 роки тому +1

      @@InvestinGh Thank you, Sir
      So Sir, it means mutual fund is the best investment package in Ghana?

    • @InvestinGh
      @InvestinGh  3 роки тому

      @@frimponggilbertduah5584 ​ You can invest in mutual funds, bonds, treasury bills, stocks and real estate in Ghana. The right kind of investment will depend on your goals, risk tolerance, time horizon etc.

    • @InvestinGh
      @InvestinGh  3 роки тому

      @@frimponggilbertduah5584 The best investment product is different for every person. There isn't one you can generalise as the best

  • @MaryKayforever
    @MaryKayforever 3 роки тому +1

    Do I need to open a bank account in Ghana before getting into the stock exchange?

    • @InvestinGh
      @InvestinGh  3 роки тому

      You need a Ghanaian bank account but you can create the account with a the bank details of the broker you use

  • @MaryKayforever
    @MaryKayforever 3 роки тому +3

    How will I know that I have been paid a dividend, since I am outside of Ghana?

    • @InvestinGh
      @InvestinGh  3 роки тому +1

      Through bank alerts. If you create your brokerage account with the bank account details of the broker, the broker will send you a message when dividends are paid

  • @alkebulantileinstallation7719
    @alkebulantileinstallation7719 3 роки тому

    Pls is there any trading app on Ghana you can recommend, pretty much of all the broker apps out there don’t accept banking details from Ghana

    • @InvestinGh
      @InvestinGh  3 роки тому

      there are no apps that allow you to trade stocks of companies on the Ghana Stock Exchange

    • @ebenezergasonoo4354
      @ebenezergasonoo4354 2 роки тому

      u can use your momo to buy stocks

  • @Watsonclem
    @Watsonclem 2 роки тому +2

    Pls can I creat a broker account with any bank in Ghana?

    • @InvestinGh
      @InvestinGh  2 роки тому

      Call or WhatsApp us on +233 (0) 27 715 2564

  • @clintonadonis9550
    @clintonadonis9550 3 роки тому +2

    i'm a bit confused on how dividends are calculated, and it wasn't mentioned

    • @InvestinGh
      @InvestinGh  3 роки тому

      The board of directors of a company decide on the dividend to pay shareholders. They can decide on any number but their decisions are often in the interest of shareholders

  • @johnappiah9135
    @johnappiah9135 3 роки тому +3

    How do we know a company is selling its shares ?

    • @InvestinGh
      @InvestinGh  3 роки тому +1

      Most IPOs have press releases so you can find out through traditional media outlets or through your broker. If it is not a first time issue, you can buy shares of companies listed on the Ghana Stock Exchange.

  • @manifestmadefun
    @manifestmadefun 3 роки тому +1

    Do you know how one can invest on the US stock market from Ghana?

  • @janetazaijo1735
    @janetazaijo1735 3 роки тому +1

    How do you this company is selling it's shares? Please

    • @InvestinGh
      @InvestinGh  3 роки тому

      To know the companies listed on the stock exchange, visit the Ghana Stock Exchange website (www.gse.com.gh)

  • @jessd4414
    @jessd4414 3 роки тому +2

    Can I open a trading platform in Ghana to buy shares? Currently living in the UK but won't be coming home till Summer next year? Thanks

    • @InvestinGh
      @InvestinGh  3 роки тому +1

      You can create a brokerage account with SIC Brokerage to buy shares on the Ghana Stock Exchange. Send an email to trader@sicbrokerage.com to create the account

    • @jessd4414
      @jessd4414 3 роки тому

      Thank you 😀

  • @TwumasiPennoh
    @TwumasiPennoh 3 роки тому +4

    Is there an app or web platform that will allow you to invest stocks in Ghana?

    • @InvestinGh
      @InvestinGh  3 роки тому +1

      Currently, there are no apps in Ghana that allow you to do that

    • @TwumasiPennoh
      @TwumasiPennoh 3 роки тому +1

      @@InvestinGh ok so how do I go about investing in stocks in Ghana?

    • @InvestinGh
      @InvestinGh  3 роки тому +2

      @@TwumasiPennoh please send an email to trader@sicbrokerage.com and they will help you create a stock account to buy stocks on the Ghana Stock Exchange

    • @TwumasiPennoh
      @TwumasiPennoh 3 роки тому +1

      @@InvestinGh Alright. Thank you

    • @emmanuelennin-adjei4861
      @emmanuelennin-adjei4861 3 роки тому +1

      There is please check Trading 212 app..

  • @musicvibes6104
    @musicvibes6104 2 роки тому

    hey bro i am from South Africa and i would like to invest in Ghana. how can i go about it?

    • @oby.a9166
      @oby.a9166 2 роки тому

      @THE RIGHT WAY How?

  • @bruceunplugged1
    @bruceunplugged1 3 роки тому +1

    What's the minimum amount to invest in stocks in Ghana?

    • @InvestinGh
      @InvestinGh  3 роки тому

      there's no minimum

    • @bruceunplugged1
      @bruceunplugged1 3 роки тому

      @@InvestinGh so can I start with 50¢?

    • @InvestinGh
      @InvestinGh  3 роки тому +1

      @@bruceunplugged1 Yes, but I would suggest you start with something a little higher

  • @thehoneybeeambassador6548
    @thehoneybeeambassador6548 2 роки тому

    Am in Ghana but I want to buy stocks on the New York Stock Exchange. Can anyone guide me

    • @thehoneybeeambassador6548
      @thehoneybeeambassador6548 2 роки тому

      @Dan Lok scammer you are. Am smarter than you ok. 😀

    • @thehoneybeeambassador6548
      @thehoneybeeambassador6548 2 роки тому

      @Dan Lok you have just 26 subscribers to your UA-cam channel as of now when Dan lok the original has over a million. We've been in this game not today my friend.

  • @colefranklin6779
    @colefranklin6779 3 роки тому +2

    How can foreigners invest

    • @InvestinGh
      @InvestinGh  3 роки тому

      Kindly send an email to trader@sicbrokerage.com that you want to open a brokerage account. They will send you account opening forms.

    • @user-kpkxgtj
      @user-kpkxgtj 2 роки тому

      @@InvestinGh do you have a video that addresses how foreigners can go about investing in Ghana (especially stocks and mutual funds)? You have mentioned on other comments that there are no apps that allow for this, so how do we go about finding legit brokers to use?

  • @xXurbansweetnessXx
    @xXurbansweetnessXx 3 роки тому +2

    I'm based in Europe ( a Ghanaian) . How can I buy gh stocks

    • @InvestinGh
      @InvestinGh  3 роки тому

      Send an email to trader@sicbrokerage.com. They will help you to create a stock account in Ghana