financial risk

43% Of Ghanaians Not Prepared To Take Financial Risk At All – Report

43% Of Ghanaians Not Prepared To Take Financial Risk At All – Report

Forty-three percent of Ghanaians are not prepared to take any financial risk at all as they have low-risk inclination, the 2023 Old Mutual Financial Services Monitor has revealed. This follows the impact of the Domestic Debt Exchange Programme on the financial sector. However, 24% take substantial financial risk expecting to earn large returns. Similarly, those who take above-average financial risks expecting to earn above-average returns are about 19%. The report also said that seven out of 10 working Ghanaians do not use a financial adviser. Forty-six percent agreed that they are not always sure who to turn to when it…
Read More