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Getting the right balance for your ISA investments

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ISA investments

The Individual Savings Account (ISA) is a popular investment vehicle for those who are looking to save for short-term goals. With interest rates currently low, it’s an ideal time to consider opening an ISA. But like any investment, there are risks and rewards associated with ISAs. In this article, we’ll discuss the pros and cons of opening an ISA, and help you get the balance just right for your individual needs.

How much should you save for your ISA?

When it comes to investing your money, you have a few options: stocks, bonds, mutual funds, or an ISA. Each has its own advantages and disadvantages, so it’s important to get the right balance for your needs. Here are some tips to help you decide which option is right for you:

ISAs offer a great way to save for retirement. They’re tax-advantaged and allow you to invest in a wide range of products, including stocks, bonds, and mutual funds. However, they don’t offer as much variety as other investment options, so you might want to consider combining them with other types of accounts.

Stocks are the most risky type of investment, but they can also offer the highest potential returns. If you’re comfortable with the risk involved, stocks are a great option for long-term savings.

Bonds are a less risky option than stocks, but they usually don’t offer as high a return. They can be a good choice if you need steady income while you save money for retirement or if you want to use your savings to buy a house or other long-term investments.

Mutual funds are an

How to invest your ISA

If you’re looking to get the most out of your ISA investments, there are a few things you need to keep in mind. First and foremost, you want to make sure that you’re getting the right balance between risk and return. Secondly, it’s important to stay aware of the current market conditions so that you can make informed decisions about when and where to invest. Finally, be sure to review your account regularly so that you can monitor your progress and adjust your strategies as necessary.

Read Also: Vivo Energy Ghana Pledges Its Commitment To Continued Investment In Ghana

What triggers a sale on an ISA

If you’ve been following our advice on ISA investing, then you know that we believe in keeping your investments as diversified as possible. That said, it’s important to understand when it might be time to sell your stocks or bonds in order to keep your overall balance in your account healthy. There are a few key factors to consider when making this decision, and we’ll outline them below.

The first thing you need to determine is how much risk you’re comfortable with taking on. For example, if you think the stock market will go down in the near future, then it might be a good idea to sell some of your stocks and put the money into safer investments like bonds. Conversely, if you’re confident that the stock market will continue to rise, then it might not be necessary to sell any of your stocks. It all comes down to personal preference and risk tolerance.

Another factor to consider is how long you plan on holding your ISA account. If you anticipate that you’ll only hold your stocks for a short period of time, then selling them might not make much of a difference in

Conclusion

When it comes to ISA investments, getting the right balance is key. Too much exposure to stocks and shares can lead to big losses, while too little exposure could mean missing out on lucrative opportunities. The following tips will help you find the right mix of stocks, bonds and cash that will keep you safe but also allow for growth in your investment portfolio. Follow these pointers and soon you’ll be well on your way to achieving the perfect balance for your ISA investments!

 

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People & Lifestyle

Hollard and Melcom Celebrate Five Thousand Policies in Two Years of Partnership

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Melcom Hollard 5000 policies

Hollard and Melcom Celebrate Five Thousand Policies in two years of partnership. Since partnering to make insurance more accessible to Ghanaians through a Shop and Insure initiative, insurance group Hollard Ghana, with subsidiaries Hollard Insurance and Hollard Life, is marking two years of partnership with retail giant, Melcom. (more…)

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People & Lifestyle

Fascinated by the new HUAWEI nova Y70? We answer all your questions here!

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HUAWEI nova Y70

Huawei’s latest HUAWEI nova Y70 has done something amazing that not many other entry-level phones on the market can brag about. It has put together so many solid features on a single device but at an attractive price. The phone comes with an incredible 6000mAh battery, an expansive 6.75-inch display, a great trio of cameras, and more. Here’s everything you need to know about this new smartphone.

How long can we expect the battery to last on a single charge?

As you already know, the HUAWEI nova Y70 comes with a huge 6000mAh battery. That’s huge even for a 2022 smartphone. The benefit of having such a big battery is that it can last for 3 days on a single full charge. What’s even more amazing is that it supports 22.5W HUAWEI SuperCharge to help you fill-up the large battery in no time. You will be hard-pressed to find such an amazing combination at this price point.

Read Also: HUAWEI nova Y70: The Smartest Choice For Entry-Level Smartphones In Ghana This 2022

Is the display good for gaming and watching movies?

The HUAWEI nova Y70 features a large 6.75-inch HUAWEI FullView Display that’s great for watching videos. The high screen to body ratio of 90.26% also helps you focus on the content leaving little around the screen to distract you. The phone also adopts a classic flat screen with a single punch hole in the middle to present a simple yet stylish design.

For gamers, the smartphone’s screen also supports an industry-leading 10-point Multi-touch technology to provide a fast response time even when using multi-finger gestures. To reduce the burden on the eyes, HUAWEI nova Y70 also features smart dimming, a luminous screen, an e-book mode, as well as a video quality enhancement feature to further improve the visual experience.

How good are the cameras on the HUAWEI nova Y70?

If you are looking for a smartphone with great cameras to explore your creativity, then the HUAWEI nova Y70’s AI Triple Camera is all you need. It features a 48MP High-res Main Camera, a 120° 5MP Ultra-Wide Angle Camera and a 2MP Depth Camera. Thanks to the f/1.8 aperture of the 48MP High-res Main Camera, it allows for more light when shooting resulting in clean-looking photos. Coupled with the optimised Huawei algorithms, HUAWEI nova Y70 greatly enhances the quality of captured images, ensuring every shot is of optimal quality, even when taking pictures against the light.

The 5MP Ultra-Wide Angle Camera helps you easily fit more content in one frame. The 2MP Depth Camera works with the innovative bokeh algorithm to blur the background, allowing your subject to stand out. The 8MP front camera also supports the bokeh effect to blur the background when taking selfies. Huawei’s AI Beauty algorithm can capture selfies in crisp detail with a natural beautifying effect and intelligently improve issues like image sharpness and digital noise to preserve details in your selfies.

What does the 128GB of storage space mean in real-life usage?

The 128GB storage capacity on the HUAWEI nova Y70 is going to be sufficient for the vast majority of people out there. To put it into perspective, you will easily be able to store up to 170 episodes of a drama series, 20,000 high-quality songs and over 60 HD movies on the phone. However, the phone caters even to those heavy users who need extra storage. The HUAWEI nova Y70 supports up to 512GB storage capacity when using MicroSD cards, allowing them to store everything they want in their phone. It is also equipped with EROFTS super file compression technology to easily download your favourite songs, videos, and games.

The trusted, innovative, user-friendly and secure AppGallery is available on the HUAWEI nova Y70, where users can easily navigate, explore, find and download a wide range of high-quality apps.

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People & Lifestyle

Best cocktail dresses for weddings, parties and more

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The perfect combination of class, elegance and fun, a cocktail event is possibly our favourite theme to attend and of course style. Although this dress code traditionally calls for a semi formal, midi length dress, we have seen this classic look evolve over the years to include contemporary styles, bold colours and statement silhouettes. (more…)

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People & Lifestyle

Academic City University College inaugurates ultra-modern campus

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WhatsApp Image 2022 08 18 at 12.08.53 PM

Vice President Dr Mahamudu Bawumia has inaugurated the Academic City University College, a premium Science, Technology, Engineering, Arts, and Mathematics tertiary institution as and charged them to lead digital manufacturing. (more…)

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Should I learn Muay Thai or Kickboxing as a Beginner?

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Muay Thai North Sydney

Muay Thai and Kickboxing are two of the most popular forms of martial arts. They are practised in global arenas as competitive sports and taught in martial art schools across the world. Fighters learn Muay Thai and Kickboxing for different reasons; self-defence, physical fitness, mental strength, self-discipline, social development, personal growth, and self-confidence.

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People & Lifestyle

Happiness 3.0: Key to Living Life as an expression of happiness

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sri sri ravi shankar

The Art of Living, an international non-religious and non-profit organisation that focuses on building mental health, held a lively and insightful evening with Gurudev Sri Sri Ravi Shankar the founder of the Art of Living and a Global Peace Ambassador on the 17th of August at the Accra International Conference Centre.  (more…)

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