Let's Appreciate Jessica ... She works x amount of hours on TV & radio for 5 days among other weekly & weekend activities ... But she still manages time to record videos for us ... God bless you Jess ... You're a real Gem

Ladies and Gentlemen, the Professor has not only taken her time to disseminate this vital information for building worth but has indeed shared her experience (s). It's our turn to take what we've heard, learned, do our only due diligence and decide which investment portfolio fit our financial goals and time horizon. Happy investing everyone and thank you Professor Jess

This is why you diversify your wealth into different investment vehicles. Do T-bills, Do Mutual Funds, Keep Foreign Currencies, Trade crypto if need be.

Jessica, thanks for the insightful information. However, I think there's another perspective to look at it. While it's definitely a great idea to hedge a portion of ones portfolio in USD, GBPs, ie forex, there's something to say for tbills when compounding interest comes in. Although the analysis and outcomes hold for a simple interest comparison, it doesn't really hold against a compounding interest even with the performance of our t-bills rate say for the last 10 years. Compound interest changes the dynamics. I'd love to discuss the numbers if it stirs up your interest.

@JessicaOS Good content but you failed to acknowledge the compounding interest part, which I still think makes the T-bill not a bad choice, especially when you have some big funds to lend to the goverment for some time enough. Remember the foreign exchange rate is also NEVER static.

I'm so much engrossed in this financial advisory kinda thing. Jess please give us more stuffs on this. God bless 🥰😇

I’m glad I came across your channel. This is the first video I’m watching. I just transferred money last week to invest in a T-Bill for a year. For me personally it is better than me opening an ISA in the U.K. as the interest rate isn’t great and hasn’t been for years. I have purchased a house in Ghana. My plan is to have multiple streams of income. When I’ve left money in my bank in my savings account in Ghana (Barclays or whatever their new name is) they chopped my money.

You’ve made a good point. In America, we are more worrying about the economy in general when it comes to investing. When the economy is flourishing, the interest rate on return tends to be great... but when the economy is in recession, the interest rate on return is likely to be low. I would not mind buying treasury bills in a good economy at all.

I get your analysis but it is quite simplistic. The entry time and exit time with the dollar may or may not be beneficial but T'bill is risk-free and you are certain of the amount you will receive. If your appetite for risk is high then the dollar would be a good option, otherwise stick to T-Bill.

What's better is changing that money into dollars and buying global stable stock like Tesla and Apple, which mostly have one way to go: up. In the same period that Jess described, if you have bought a Tesla or Apple, both splitted into 4-1 and 5-1, the gains would have been massive. Just food for thoughts. We live in a global economy and your money do not need to work where you live but where it can grow

If I had known u had a youtube channel I would have subscribed long ago . I can't get enough of u hun

This is such a great video and kudos to you for putting it up. I think your calculation based on simple interest and investing for just a short term of just 91 days or six months will definitely result in a fall in face value of your initial capital in dollar terms. However there is the magic of compound interest (rolling over interest + capital for the next 91 day tenure), thus if you keep this same amount and roll over every 91 day for a period of say 4 to 7 years your results will be greater in both cedi and dollar terms. You can try that out. All in all to get the best out of every investment you must be in it for the long term. Thank you.

I love how open minded you are about investing, I read an article of investors that made good money within few months from shorting, so please I'd really love more tips and clues on how to outperform the market and make such profit using options

Jessica, I love the thumbnail 😅. Hilarious and on point... crunching the numbers right there.

Hello from the US! That example calculation was extremely helpful. There are central banks in many countries that are purposefully devaluing their own currency against the dollar right now. All for the sake of keeping exports/imports competitive. There's a dollar shortage and central banks are low on foreign holdings aka US debt. Long story short, the dollar isn't dead by a long shot, it's just being bought on the cheap right now and that's about to change very soon.

Can you make a video on how to invest in stocks in Ghana

I believe that keeping our funds in dollars or other foreign currencies is not in the best interest of Ghana. In fact, the suggestion to avoid investing in Ghana through treasury bills and instead focus on foreign currencies could inadvertently contribute to further weakening the cedi, exacerbating the very issue we're trying to manage.

Kindly post what you think will work for us especially people in their 20’s and also do leave your social media links in the description

You are right, I never thought about it that way. I always looked at the interest being so big. Thank you

You're right..."May" CU's it has really worked for me

Advice on Financial investment for free...Kudos Sister Jessie.

Wow,I'm glad i came by this video jess, I'm grateful for your help and we the youth are learning. I had this thought weeks ago to get a bill but didn't know how to go about it. Pls tell us more. God bless

The cedi's depreciation has been crazy. Worse ever.

Buy gold instead of changing your money in a foreign currency.

Thank you for the information. Life saving

Thank you very much Jess for your impressive analysis. I think I've got a theory from your analysis. This is it. If you want to benefit much from a treasury bill, let the exchange rates guide you. Hence when exchange rates are looking good over time there's much gain in treasury bills. And when exchange rates are high over time there's less gain in treasury bill. But whatever you do you are better off buying a Tbill than locking your cash in a bank account.

Land investment is what I prefer to any other investment 😁

Thank you very much for this information 😊. Really loved treasury bills but my mind is changed now. Wanted to know about other more lucrative investment opportunities, like mutual funds.

Hello Jess, great video but I hope you will agree that undertaking a particular investment depends on one's risk appetite and investment objective. Every investment has inherent risk including treasury bills even though it is described as risk free. And one needs to determine the objective for which they want to undertake a particular investment plan. The forex market is highly volatile and it's termed as high risk and in investment the higher the risk the higher the return which may not be the preference for everyone. So the term portfolio diversification. You should not put all your eggs in one basket is what is basically meant by portfolio diversification. So by all means treasury bills is necessary - risk free element and then one can add forex, shares, bonds, business, property etc in order to hedge against risk. My humble opinion please

I just came across this video and it’s so helpful. I was going to change dollars to buy treasury bills a few months back but when I sat and did the math, I saw it was such a dumb move to make. I’m happy I didn’t buy Tb. I’m curious to know if there’s anyway to invest in dollars here in Ghana without changing it into cedis.

Thanks for sharing. Anyway what’s the alternative, also which investments in Ghana have the best returns?

Again a wonderful and relevant program.well done. Government paper is directly related to stability of the country it’s dollar and the rate of inflation. The best investments are in land and new companies that expand the services in a country e.g. telecommunications and transportation. Get in early and get out .

This is really good information. Your financial knowledge is on point

I think you could have suggested other options after this eye opening information... love to learn more thanks 😊

I just love you Jess. You are real and authentic and you deserve the best! Be blessed beyond measure!

Please how do I save my money in a dollar account.. And also which investment is best to opt for..Am in need of dying help..🙏🏽🙏🏽🙏🏽

Two comments: 1) Money held in treasury bill is compounded, vs money held in dollars. If a person buys dollars monthly for five for years, and another buys treasury bills monthly for five years, even if the face value of each monthly investment is the same, the final winner will be treasury bills because of the power of compounding. The gap in investment gains will change over time even if the currency depreciation rate is not able to improve. Herein is the safety of treasury bills for long-run investment. Let's not also ignore the losses from local foreign-currency accounts with all their extra charges. 2) It's irresponsible to advise citizens to invest in dollars which worsens the problem of cedi depreciation for the rest of the country, including poorer persons who don't have access to dollar accounts or banking. Dollars should be used for buying and business, period. Hoarding them as an investment is not the best when the BoG is trying to stabilise the cedi. Rather educate us on other avenues such as investing in crowd-funded business, the stock market or mutual funds which can strengthen the local financial sector and economy. Ideally, anyone who has the chance should create a portfolio that includes low-risk products such as treasury bills which can cushion occasional losses from high-risk/high-interest investments.

Jess, I find your Channel very Insightful and impactful. Thanks for your in-depth research.

from my point of view. I think its rather a smart move .Tell me which kind of investment will make your yields and still get your capital invested back without risk of loosing that capital? our leaders are disappointing us by allowing inflation to rocket up. tbill in any uk bank is less than 1 or equal to 1 pound so Ghana Tbill is still far better than the UK

Finally aunty Jessica gave us some interesting topic

I think if you put more in the Tbills you will end up earning more money under 91days

I think the illustration is not balanced, you have only outlined the risks of investing in TBs, what about the benefits. When the currency of country depreciates, that affects the prices of goods and services because of imports, in the end inflation goes up. To make the TBs attractive - the central banks tend to match the inflation rate or above. So yes, in the short term which you should have said, TB’s attract exchange loses, in the long term they always win or very minimal loses.

Stop right there! You are absolutely wrong. To benefit from T-bills you need to consider over a long period of time. Now with your own figure : Assuming you have 1000 cedis 5years ago its dollar amount will be @ 3.8 will be $263.16 Given the current yearly t-bills rate which is @rd 17% you will have 2,192.45 cedis, divide that by your rate 5.83 you will get $376.71 You would have made 30% interest on dollar basis over 5 years that's averagely 6% yearly and studies show the American banks pay 2-3% per year interest to cater for inflation on customers account, this you are left with 3%ish free cash interest in dollar terms when you invest in t bills. I will advise you get your facts straight before posting this misleading piece.

To think that I was just considering getting one. Very timely video .

So, what causes the cedi to depreciate? If we can know specific reasons why that happens, then we can know if it will continue to depreciate or not which will help us over here in the USA to make a smart decision. The value of the dollar could fall, most like in 2021 and beyond. the reason is that the US treasury will be pumping more money into the system to stimulate the economy. This should impact the cedi to rise in value. This is therefore a good time to invest in treasury bills, in my opinion.

The more the dollar buying goes on by the populace, we all contribute to further depreciation on the cedi. Your thoughts.

But changing to dollars would make the cedi depreciate more

Buying and reselling of lands isn't a bad business either😁

smart advice from a smart mentor .. jess you the BEST

I personally think in the short term it would be better Its better than the savings part though

Wow! Yes I got some sense here, thank you. What is the name of the app? Nice handwriting 👌👌🤗

Hi! Which other options of invest could one undertake aside the treasury bill?

Hi Jessica. As always eloquent and thanks a lot for the information. I'm thinking of investing some money(not a lot) can you provide some examples of where I can invest? So far I use my bank and have a treasury bill. Thank you.

I see you guys are also getting the USD comparision affliction like Nigeria. 2 things! 1) Government securities are more for asset preservation than money making-even though developing countries often give extremely high interest to attract resources--in some countries its actually -ve 2) if you have a portfolio uyou are interest in least risk its still government because the other 'money moves' could most likely lose your prinicipal--LOW return is better than NO....so always consider Goverment papers are protecting a portion of the base---but not a get rich quick scheme---that requires risk!! real risk.. Addendum: forget USD comparison as far as your expenditure is in Cedi...never try and compete with what you dont control.

Tbill is the best

Jess.... excellent analysis, except that your advice doesn't hold when you change your analysis period to 1st August - 1st October 2020. You will have earned nearly 2x on TBills than on USD. You also didn't factor in the cost of purchasing the USD, which always tends to be higher.

Pls how can I go about opening a dollar account because I am really encouraged, thank you. I am in Ghana

Thanks for sharing Jessie, God bless you

Great illustration 👍🏼👍🏼👍🏼 So Jessy converting your money to dollars will be the best move than even saving your money in cedis without the actually working? Secondly, How about keeping your money in the bank without investing or converting your cedis to dollar and creating a dollar account,which is better please and why ?

Motivation from experience 😎😎..... Good myself.

So Jessica per your analysis, which type of investment in Ghana now is the best you can invest your money?

Good one there. Very educative there. I must say thank you very much.that was very thoughtful.

Thanks for the video... Interesting point made. Could you please elaborate on the bonds you suggest?

Thank you Jess🥰God bless you

Please u said something about the 14% being the rate per annum but used it for the 91days(I.e.3month) u questioned the rate in relation to been used for the 91days calculation but notin was done to the rate in calculating it….🙏please can you help me out am planning to invest in one buh want most of my doubts cleared

Is the US dollar readily available on the open market in Ghana to invest in?

Please so do have any other option to the treasury bill in Ghana if that is not quite smart

Aawww... Jessica, Everything was okay upto where you advised that the purchase of dollars may be an alternative to investing in treasury bill. Remember, the cedis keeps depreciating to the dollar as the years go by because of the high demand for dollars in our economy and your advise seems to be adding to the problem than helping solve the problem. It may sound smart to invest in dollars but on the other hand very deadly for our currency and economy as a whole.

thanks, Jessica awesome video. why put money into something that loses its value over time it doesn't make sense

Some banks treasury bills are total cheats because some don’t give you the interest depending on the interest rates you’re supposed to get

Great insights. Thank you for this.

How about Gold? Does that depreciate too?

Thanks for this great piece buh I was expecting you to suggest so some dollar account and how to get while in Ghana here buh you just keep us hanging in the air😔 I'll be glad if you suggest the dollar account and how to get it.🙏

I agree with what you are saying but to go that route you got to be a clever invester who really understands many economic and political issues that may tumble or appreciate the dollar.

Hi Jess What app are you using to track the cedi depreciation against the dollar?

So currently, which bank in Ghana has the best exchange rate to create dollar account and save there? Thank you.

What the name of the app you used to check the rate

Very helpful video👌🏾... thanks a lot ❤️

But that will further course the depreciation of the Cedi

Fri,Dec18,2020 21:00pm I was here 🇬🇭

Great vid... You should introduce ghanaians to Decentralized Finance, and CRYPTOCURRENCY 👌... It's the same thing with treasure bills but rather on the blockchain network... No banks involved...plus higher percentage yield 🏋🏽‍♂️💯

May God bless you big sis

It's funny watching this video in 2024. The cedi has worsened😢😮

Well I'm from 2024. It's worse now

Hi Jessica...thanks for the information... Buh what of you doing the T.bill in a different country will it still depreciate or its still not the best option

This was insightful indeed. Thanks for sharing

I've learnt so much. thank you Jessi.😍

Treasury bill is risk-free. Any other investment that gives you higher interest is paying you a premium for taking the risk (Risk Premium). Market Rate of Return = Beta x (Risk Premium)

Thank you. Jess.

What about starting a small business with that same amount wouldn't you have gotten more profit? We are just lazy to take risks that's why most of us do TB

@Jessica Os any suggestions on investment alternatives to the treasury bill apart from buying dollars?? Insightful video anyways 👌

Interesting stuff.... thanks for insight... keep them coming... you got our ears...

Please which investment is the best, because I only know of Treasury Bill... Any suggestions

Great video Jessice. However if all continue to hold dollars, the cedi will continue to fall or devalue. As ghanaians we need to stop selling in other currencies in ghana or holding dollars for other reasons which contributes to the fall of our currency. While as an individual u may gain from this there is a long term effect on the nation at large . Thats one of the reasons why before you buy another currency at the bank they expect you to have a visa and ticket for travel. I believe there are other ways to invest that does not affect the cedi. I will be glad if you will look into other options and share. If u ask me take this video down. BOG will not be pleased at all🙈. Love your content 😃

Tbill is good

Treasure bill is a no no for me compared to dollar buying.

Wow this is so right👍 Thanks to you lady Jessica 😍💚

Champion jess there she goes again,really insightful, most grateful. Can I come for more tutorials personally lol

Hi Jess , thank you,I'm hooked on this..

Jessica Os - good attempt at explaining this topic. However, why are you using the US Dollar?