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@drkab_1 The profits from that business can service the loan, while I still retain ownership of my shares and continue to benefit from dividend income and potential capital gains.
#MyOpinion 🙂
@drkab_1 Stocks also serve as a hedge against inflation, helping to preserve and grow purchasing power over time. Another key advantage is leverage. I can use my stock holdings as collateral to secure a loan to start a side business.
One more thing — MoMo is now a separate company.
MMFL spun off March 31. MTNGH retains ~28% via trust. Future GSE listing: 2028–2030.
If you're on the register: GH¢0.40 is in your account today. GH¢0.08 follows in September.
MTN Ghana pays GH¢0.40 per share today. GH¢6.4 billion total. Largest dividend in the company's history. +57.4% vs last year. Here is what you need to know.
JEFF BEZOS ASKED WARREN BUFFETT WHY MORE PEOPLE DON'T COPY HIS STRATEGY
Buffett's answer: "It's easy. My approach is to get rich slowly. People don't like that."
@beterdays_ahead@yawperbi. After listening to his 2007 UCC Champions Conference tape in 2014. I bought my first stock (ETI) after listening to that tape.
@influencerwoww 1. Saving GHS50.00 every day for 2 years. On the 2nd year, the price of MTNGH wouldn't be the same (it can appreciate or lose value). The first part is based on assumption.
2. MTNGH doesn't pay dividends of the same value twice every year.
Instead of betting 50 ghc each day, save it for 2 years.
Use the money to buy 6,000 MTNGH shares
After every 6 months, you will get
6,000 x 0.4 = 2,400 cedis
This is life long benefits with assured dividends twice a year
Low risk. U can get your money back when you need it