Chief Market Strategist of Bob Markets Global, who goes by the name Robert Adongo Awuni, has articulated that one cannot make good investments without consulting an investment advisor to analyze possible risks involved.
Talking about investments in a phone interview with Pastor Nyansa Boakwa on Happy Fm’s Nsem Pii as part of Global Media Alliance (GMA)’s financial literacy month observation, he defined investment as anything that one applies resources to, for income or for revenue.
According to him, there are two types of investments that one can choose to do, ie the real asset investments and the financial asset investments.
“Real assets are simply investments into goods and services which generate income so investments such as in buildings and real estate, we call them real assets. Financial assets are simply claiming the income generated by the real assets. Stock and bonds are all financial assets”, he educated.
Robert stated that to make profitable investments, it is very important to talk to an investment advisor, however, even before seeing them, it is also important that one does self-education on how to have meaningful conversations with the investment advisor.
“Ask questions and let it be defined to you or be made clear to you at the very beginning. Know the level of risk you’re taking, the amount of time you’re taking in your investment, etc. Those are all key things you need to know before making an investment”, he enlightened.
By: Maureen Dedei Quaye