If you think that last year’s 53% return from listed equities on the GSE was too enthusiastic and that stocks may not be worth investing in now, I’d like you to take a look at the chart below.
As can be seen from the chart, 2017’s returns takes us back to a little above the level the GSE Composite Index was in 2014. In fact, equities have returned only a measly 14% since 2014. Assuming an average rate of inflation of 15% over the same period, long-term investors have actually lost money despite the monster rally last year.
This does not mean that stocks are headed for another rally to make up for the poor cumulative growth over the last few years. What it does mean however, is that there should be little fear about irrational exuberance in stock values. If equities are barely returning enough to keep up with inflation, it is difficult to argue that stocks are overvalued.
A buy and hold strategy is the purchasing of an asset and holding it for a period of time with the expectation that its value will increase. It is one of the simplest and most used strategies in investing. In this post I will test the success or failure of…
Listed equities had a fantastic year in 2017, returning 53% and putting an end to 2 consecutive years of negative returns. The bull market continued into 2018, as at the end of April, equities had returned more than 35%. However, stocks have returned only 11.7% by the close of trading…
Although 29 equities on the GSE had no change in their share prices in May and 6 equities suffered losses, some stocks recorded gains. Here they are. May YTD SIC Insurance Company Limited 44.44% 18.18% Ghana Oil Company Limited 24.43% 7.95% Benso Oil Palm Plantation Ltd 10.56% -2.73% Aluworks LTD…
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What is the current best performing stock on the market as at closing friday January 26th, 2018. Will appreciate your feedback.
As can be seen from the chart, 2017’s returns takes us back to a little above the level the GSE Composite Index was in 2014. In fact, equities have returned only a measly 14% since 2014. Assuming an average rate of inflation of 15% over the same period, long-term investors have actually lost money despite the monster rally last year.
What is the current best performing stock on the market as at closing friday January 26th, 2018. Will appreciate your feedback.
Sorry, I’m seeing this late. The best performing stock for January was SIC which gained 70%. See the performance of the other stocks here.