The Young Investor Network (YIN) has launched the Young Investor Digest to help young people, especially those in tertiary education, to understand investment issues.
The Digest will serve as a platform to equip students with knowledge on investment towards reducing the number of victims who fall prey to financial charlatans.
Mr Joshua Mensah, the President of YIN, a Non-Governmental Organisation working to deepen financial literacy among the Youth, said a team of financial experts would go to some 11 selected tertiary institutions from February 16 to talk about financial integrity and equip students with financial management skills.
He said the team would include professionals from academia, the regulators and industry to equip the students with skills on how to invest and when to invest. The training would include newspaper review segments for the students to be abreast of current happenings in the financial industry.
Mr Mensah the YIN would soon launch a magazine to promote financial education among the youth to be well informed in order not to fall prey to scammers.“People are not well informed so they end up investing at the wrong places because they do not know the rules and regulations governing industry players,” he said.
“So we are putting up all these things to help the public to understand financial issues and promote financial education in the country.” Mr Kofi Busia Kyei, the Executive Director of YIN, said the Network aimed to bridge the gap between the experts and novices in the financial sector.
Some of the institutions to benefit from the maiden edition of the training include the University of Ghana, Pentecost, Central, Valley View and Accra Technical universities, Regent University College, University of Professional Studies Accra, and the Ghana Institute of Journalism.
Mr Kyei said the YIN would start with the training of 30 students in financial skills, who would in turn train others to increase the number to 500 adding that by March 16, about one million students would have been trained.