Prince Dagadu, a fixed income trader at Databank, has stated that investment is very critical especially in times of uncertainty.

Speaking on Smart Business Talk, a program powered by Step Up Business School on Sweet Melodies 94.3 FM, the investment professional explained investment as something done to prepare yourself for the unknown.

According to Prince, the first thing a client must look out for when investing is “Security “. He added that, In Ghana, the security and exchange commission (SEC) is a regulatory authority that oversees the investment industry.

Prince identified what to look out for in selecting an investment partner;
• check if the company is licensed by the Securities and Exchange Commission this information is on the commission’s website. On the same website, you can know the status of licensed companies.
• check the track record of the organization. He further explained that this point is not against newer entrants in the industry. Whether old or new firm, there should be professionals with the required skills to make informed decisions and manage investors’ funds.
• consider the structure of the organization. “It’s your money that is going to a company for them to make investment decisions on your behalf, you must make sure the organization is well structured with proper corporate governance practices”

Prince argued that the best time to invest is during crises. He urged the public to invest now for better returns in the future.