By BUUMBA CHIMBULU ZAMBIANS should start diversifying investments in different types of assets and industries to mitigate investment risks, the Standard Chartered has advised. Bank Head of Wealth Management, Olusegun Omoniwa, said while thinking about saving, it was important to ensure that investment risks were mitigated. Ms Omniniwa explained that this could be done by diversifying investments in different types of assets, industries, geographies and even currencies. “The key to successful investing is to start early, invest regularly and invest for the long-term by staying committed, while mitigating the investment risk by diversifying investments in different types of assets, industries, geographies and even currencies,” she said in a statement. Ms Omniniwa stressed the importance of starting saving and investing early for people to meet their personal, long-term and financial goals. Last week, the bank joined the nation in commemorating the 2020 Financial Literacy week under the theme “Be Money Smart to Live a Better Life.” […]
Zambians should diversify – Stanchart
