Zetech University this week played host to the Capital Markets Authority (CMA) in an effort to sensitise students on investment options and the importance of investing at a young age. The talk was aimed at encouraging the students to invest in capital markets and better grasp what collective investment schemes are all about.
CMA Executive Anastasia Kaberere carefully explained to the eager investors the meaning of capital investment which is, the part of a financial system concerned with raising capital by dealing in shares, bonds, and other long-term investments. She proceeded to explain how one should invest and the benefits of starting to invest at a young age.
“You are never too young to identify and note down financial and investment goals; learn as much as you can about saving and investment and you will be able to meet these goals.” Anastasia noted.
She further explained to the students the various investment options including, shares, bonds, real estate, among others, emphasising that options chosen should result in guaranteed capital gain. “Also, avoid putting your eggs in one basket; diversify your investments, stay on course and be aware of scams and con artists.” she cautioned.
In addition, the session saw the students use the opportunity to ask questions about how to start investing and how to monitor one’s investments in order to reap the desired benefits. They were able to keenly comprehend the available options and learn a few tips on monitoring the stock market and making a decision on where to invest.
The CMA team further advised the students that cash is not an investment strategy, meaning one should not leave their money lying around in the bank but rather invest it, stating, “Remember, it is not about how much you have but how much you can do with the little you have.”
On his part, University Placement Officer Lameck Tala appreciated the CMA team for making time to train students on investment, noting that the session was useful for the learners as it provided insights on efficient money management and available investment opportunities for the youth.