Investing in treasury bills may not be a smart money move

[@TheBetslipMovie]

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

[@JessicaOS]

Not easy but I'm really passionate about this

[@KoteyOthnielNeekoteifio]

It's obvious! God bless!

[@austinboateng6971]

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

[@JessicaOS]

Hahaha. I'm no professor. Only sharing my few thoughts on the subject

[@solomonboakyeperchii4380]

@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.

[@fiimills4655]

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.

[@Giggodimpz]

What’s ur insta or LinkedIn

[@jerryavornyotse6420]

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

[@JessicaOS]

I'll do my best

[@PRINCESSGEMINI1987]

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.

[@JessicaOS]

Lol. Chopped my money

[@kelvinoseiagyemang6257]

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

[@PRINCESSGEMINI1987]

The T-Bill was a good investment. I spoke to my broker last week who gave me some good advice.

[@reynoldsad7]

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.

[@evansosusu5319]

I don't think this applies to someone who earns in dollars because even if you travel you need to change your money into local currency to do any transactions. & comparing to inflation someone as to think twice to put cash a side in a dollar account than investing somewhere.

[@elijahantwi8813]

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.

[@JessicaOS]

true! thanks for this

[@gideonamankwah9729]

Yeah.. that's true Healthy investment is to be in it for a while to earn much yield

[@mariesafaite-antoine20]

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.

[@odnique6817]

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

[@JessicaOS]

Glad it was helpful!

[@michaelowusu4972]

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.

[@augustinedonkor6438]

It's never true that t-bill is risk free. The only risk t-bill enjoys is default-free risk. Apart from that, it is susceptible to inflation risk, exchange rate risk etc etc

[@michaelowusu4972]

@@augustinedonkor6438 This is known by people who have learnt Finance. To the ordinary person on the street, risk-free means default risk. It is believed inflation and exchange rate risked are catered for in the rate they are provided.

[@bbytamattey]

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.

[@Phoenix_Renatus]

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.

[@debbiedav4065]

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

[@justinclynes481]

Hard assets are going up, the fed doesn't measure those because that would give it away. We have inflation.

[@aaroncecil2897]

you need a good level of skill set for shorting

[@justinclynes481]

Despite the COVID 19 pandemic the wise one sees it as an opportunity to make a lot of money in the market.

[@aaroncecil2897]

have you earned profit in the stock market?

[@nancylynejuras1083]

True, shorting isn't for rookies but that doesn't mean they have to stay off it, I started as a rookie and in my first 5 months, I just followed the step of my consultant

[@maxwellcobbah4349]

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.

[@maxwellcobbah4349]

And also Tbills bought for a year would be great (thus the interest involved) when exchange rates are looking good than the 91 and 182 days terms.

[@JessicaOS]

Great stuff.

[@Bilegagn]

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

[@maqueenlove834]

If only is safe and works for u 👍

[@TheTMontgomery]

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 .

[@reynoldsad7]

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

[@lyfofbetty4502]

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

[@JessicaOS]

Thanks for the sub

[@reikokpesese8733]

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

[@kwasiboateng8814]

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

[@JessicaOS]

Happy to help!

[@AmazingWorld-jh2ys]

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

[@ntimemmanuel1153]

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

[@bigathings]

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

[@JessicaOS]

Thank you so much

[@tadeniran1]

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.

[@kwekuhanson3223]

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

[@samozoani]

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

[@JessicaOS]

Thank you

[@francesperkins7719]

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[@TheMinisterEd]

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

[@JessicaOS]

True. The unfortunate downside.

[@Souloutstanding]

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

[@sewornukrapah327]

I will suggest you also watch one of her video on “3 strategies I used to build my wealth” she gave a very good insight which can help you

[@Souloutstanding]

@@sewornukrapah327 thanks a lot!

[@sewornukrapah327]

@@Souloutstanding you are welcome

[@Heavenly_PepTalk]

Thank you Jess🥰God bless you

[@ForeverChip03]

Thank you for the information. Life saving

[@maqueenlove834]

Land investment is what I prefer to any other investment 😁

[@opokunyarko3438]

Yes. But unless you're buying the land in a village, you'll need a high capital. And you will have to start a project on it immediately to avoid losing it.

[@addomichael7015]

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

[@mabeedegifted4020]

Thanks for sharing Jessie, God bless you

[@iamwebxyte1052]

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

[@richardowereku5168]

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

[@Ghana2012]

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.

[@JessicaOS]

Agreed... but who got us here? At the end of the day, it's all about survival no?

[@Ghana2012]

@@JessicaOS Unfortunately our leaders got us here, but fortunately we will have no choice but to get ourselves out. If we don't who will?

[@discoveragriculturewithj.3178]

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

[@charliep2928]

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.

[@dianakwao1]

Naaa, when the demand for dollars is higher than the demand for cedis, it will force the cedis to depreciate....so as you said... They pumping more dollars into the system will cause higher demands for it

[@francesperkins7719]

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[@anastasiaofosu5568]

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

[@JessicaOS]

Which app???

[@selmaadevu524]

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

[@selmaadevu524]

And oh, first to comment 🤗🤗🤗

[@anastasiaofosu5568]

Yes you are 😭. You beat me!

[@selmaadevu524]

@@anastasiaofosu5568 😅😅😅😅😅😅. I sure did

[@bonasway]

Jessica is absolutely right however it makes sense to invest in treasury bill when you have huge sums of money sitting in an account with just 0.25%.Cedi may depreciate but with 15% per annum on 91 days rollover, trust me you will never go wrong. In less than 3 years investing in T.B. With 15% P.A. I have reached 6 figures which is enough to set up the business I wanted to start in Ghana. I’m glad I did. so please consider but just try it with 91 days rollover.

[@michaelbarnah6275]

@@bonasway Yea.....you are right too buh we starting from the scratch need her alternative.GBU Jess🥰

[@thedillyspost]

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.

[@Sam-ke5zb]

Reply if you get any response

[@francesperkins7719]

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[@sewornukrapah327]

Great insights. Thank you for this.

[@kso7525]

Finally aunty Jessica gave us some interesting topic

[@ismealdarkwa7699]

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

[@mirabeldaisygyasi7193]

But changing to dollars would make the cedi depreciate more

[@JessicaOS]

unfortunately!

[@princesethadu-krah9374]

Thank you. Jess.

[@heiressliyah510]

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

[@JessicaOS]

thanks for the feedback. Will do just that

[@kelvinoseiagyemang6257]

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

[@timewithamel]

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..🙏🏽🙏🏽🙏🏽

[@dorisquainoo6640]

I'm in the same situation as you. Pls , we need a reply.

[@pereirasteve2290]

Yes, great analysis , most expatriates and importers do this a lot to survive but its what keeps holding the Cedi back , I guess it cant be helped will eventually join in once I have the means.

[@JessicaOS]

Hmmm

[@abdullahyakubabdulmanaf3607]

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

[@FranklynAgbeko]

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

[@erickwakye5411]

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.

[@JessicaOS]

True

[@chairmanshow]

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

[@JessicaOS]

Great submission

[@chairmanshow]

@@JessicaOS Thank you

[@yawmomodou7340]

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.

[@JessicaOS]

True. It really does depend on how the cedi performs within a given time period. If it depreciates badly, u lose out.

[@user-oc5lx9ne6c]

Jess great presentation though as for me way back I had made up my mind never to invest in Tbills because of such dynamics coupled with tax regime in our country 😀😀...

[@JessicaOS]

Fair enough!

[@oyoosartandcrafts]

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

[@francesperkins7719]

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[@YaaDodouwa]

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

[@JessicaOS]

Thank you

[@francesperkins7719]

Thanks for the comments really appreciate for more info invite our company platform available on WhatsApp 👇👇 ±1 (719)-357-4388

[@isaachemansarday6649]

May God bless you big sis

[@ocranrapheal161]

Hello Jessica, Could you possibly provide an update on this subject since the government changed the investment?

[@JessicaOS]

Lol! I was demonized by financial heads when I did this video. Some told me to stay away from finance cos I didn't understand. Now I'm waiting for all of them to bring me my stone. If they followed my advice and kept their money in USD, they would've future proofed their investments.

[@ocranrapheal161]

😂😂 I plan to initiate investments this year. While I've already invested in one venture, I intend to diversify and invest in additional opportunities to generate income from different sources.

[@comfortahontor9412]

I appreciate you giving us this information🙏❤.

[@JessicaOS]

You're welcome

[@ismealdarkwa7699]

How about Gold? Does that depreciate too?

[@NphiniT]

@@udhehfhehcuw9169 Are you sure about that?

[@zolac9732]

@@udhehfhehcuw9169 Inflation can make T bills not profitable. Especially now.

[@LydiaEsenam]

This was insightful indeed. Thanks for sharing

[@JessicaOS]

You're most welcome

[@AdrianaANNimo]

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 ?

[@JessicaOS]

Point one, would be valid if the cedi continues to depreciate. Point 2. you lose purchasing power if the cedi continues to depreciate and yet just sits in your account. Conclusion, it's not smart at all to just keep your money in savings

[@princedarko3548]

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 🏋🏽‍♂️💯

[@timewithbel]

Thank you for sharing 🌹

[@singlesoulempire.4043]

Fri,Dec18,2020 21:00pm I was here 🇬🇭

[@mathiasmawuko2878]

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.🙏

[@evelynntumy5584]

You are so right dear.

[@dominicamoakobaah9516]

But that will further course the depreciation of the Cedi

[@JessicaOS]

Unfortunately

[@saviscalghtv1758]

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

[@dn2l]

Go with DataBank Mfund. Or get with fixed deposit with seedsfunds savings and loans.

[@peagama]

I disagree with fixed deposits.. (regardless of the rates they offer you).. ... For a starter, go for Government of Ghana bills, notes or bonds ( since the Ghana Fixed Income Market is kinda booming now)... Safer than any fixed deposit with any institution. Or invest in Money Market funds like Republic Unit Trust.... Databank Mutual fund.... Stalib's. don't forget to speak to a financial expert, and do your due diligence on the managed funds before investing.

[@worldonevlog]

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

[@tyrezjameskyle7043]

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

[@MrTheprince81]

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

[@JessicaOS]

Thanks, will do!

[@BeautifullyMILAN]

Thank you so much. This was very insightful

[@francesperkins7719]

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[@mightmayeden9004]

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

[@danielteyehuago1633]

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

[@francesperkins7719]

Thanks for the comments really appreciate for more info invite our company platform available on WhatsApp 👇👇 ±1 (719)-357-4388

[@nicholaadjei3613]

Tbill is the best

[@doebruku2070]

Thank you

[@godschild7216]

OMG this is soo helpful!!! Thanks soo much🤗🤗... could you kindly give us some more insight into the other options available...that you think are more profitable ? Thank you in advance ☺️

[@manuelblackus4261]

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

[@JessicaOS]

Will all depend on the stability of the currency you use

[@Oreta.O]

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

[@JessicaOS]

😅💃🏾💃🏾

[@kwamemajor6958]

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

[@JessicaOS]

Lol. You'll have to find me first

[@kwamemajor6958]

@@JessicaOS I know where to find you champion jess lol,powerland, etc

[@dannykofi]

Based on your Explanation... Let's discuss Inflation.. Let think of Better OPTIONS 🤑🤑

[@JessicaOS]

😉😉😉

[@idictak9591]

This is extremely practical!

[@nicholaadjei3613]

Tbill is the best

[@zbtrtv1158]

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.

[@noelskizalotti9972]

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

[@kennethmensah4480]

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

[@JessicaOS]

It's called 'Currency'

[@maqueenlove834]

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

[@JenaMixes]

What about all the land litigations?

[@stellagakpey3699]

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

[@berniceazongo7688]

Me too

[@francesperkins7719]

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[@ckb149]

Its quite easy to open a dollar account but do not forget that Banks do charge monthly fees for these accounts. Some charge $50 per month($ 600 per annum) and this goes to depreciate your funds further.

[@larhaddoemmanuel4588]

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

[@maqueenlove834]

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

[@ehh-lyn632]

How is dollar buying done?

[@maqueenlove834]

@@ehh-lyn632as at 14-12-20, u needed 5.7174 cedis to get 1 dollar. Today as we speak, it gone up to 5.8090 to 1 dollar so calculate from the 14 to today 17 how much profit u would have made if u had bought it at 5.7174 and selling it at 5.8090 today.

[@jamesnyaho1282]

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

[@francesperkins7719]

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[@PRINCESSGEMINI1987]

@@francesperkins7719 stop spamming the comment section looking for business.

[@abigimeissah7000]

A smart investment lecture. Thanks dear for sharing.

[@JessicaOS]

My pleasure

[@abigimeissah7000]

@@JessicaOS Pls dear, can you educate us (me) about this property rental. Thanks

[@WazirinJosnEnvirons]

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.

[@maxwellcobbah4349]

That's very true. The higher the risk involved the higher the interest rate and vice versa. Tbills are very secured so it's quite unlikely to get huge returns. Huge returns lies with forex trading, BTC and cryptocurrency and there's also huge risk involved. So that's a fair equation.

[@nachomontero4289]

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

[@lafete6863]

I have a couple grand stuck in my bank account for a couple months now and they are paying me peanuts for Interest, so you're saying if I buy dollars with my stack , I'll have more value?

[@JessicaOS]

Absolutely

[@lafete6863]

@Jessica Os look at this scammer/ impersonator oo Kwasia I will report your account.

[@atmensah2285]

Thank you Jessica

[@mbjbeauty]

Awesome video. Thanks for sharing!💕