Tuesday, December 30, 2008

Has Global Crisis Hit Ugandan Markets?

This is an era of economic crisis world wide. There might be a Ugandan or non-Ugandan interested in the Ugandan capital marrkets but wondering the current state of these markets in relation to the Global economic Crisis. My dear don't worry, because Uganda has not been among the seriously injured states. All I can say to you interested investor is that this is the best time for anybody investing in Uganda to buy shares, put the money in Collective Investment Schemes. This is because this time, the share prices are very low and once the economies recover from the depression, then smiles will force themselves on your face.

Do not waste time now, just get the money you have saved from the terror of christmas and run to the stock broker or Investment Scheme Manager for investment. However, don't forget to inquire from the broker the performance of the different companies. In addition to the broker's advice, evaluate these companies yourself and make the final decision.
The same to the Unit trusts, first understand clearly how each portifolio works and then know where to commit your resources. Save for the future capital and invest now every savings that you make. Start saving to grow your capital and portifolios.

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