THE PAST year has been good for investors in the money market.
For the first four months, a bull run on the stock market resulted in the index surpassing the 100,000 point mark. For the savvy investor who played the market, respectable profits could have been made.
Investment bankers, Dehring Bunting & Golding DB&G, responding the market conditions, have introduced a series of investment seminars. Today, June 30, DB&G will host its seminar to the citizens of Ocho Rios, St. Ann. This will be held at the Ruins on Dacosta Drive. Since the start of the year similar seminars have been held in Montego Bay, Savanna-la-Mar, Westmoreland and May Pen, Clarendon.
Next on the agenda will be Mandeville and Kingston.
"DB&G has a mandate to educate the public," its marketing manager, Kerry-Ann Betton told Wednesday Business. The company wants Jamaican investors to know about the various strategies that can be used in investing.
While speaking at the May Pen seminar recently, Equities Trader at DB&G, Justin Nam, expressed a positive outlook on the stock market. Mr. Nam said that 2004 will be a good year for the indices based on the improved results for listed companies, continued interest rate stability, mergers and acquisitions as well as the adoption of global best practices.
INFORMATION
It is this type of information that the public will benefit from an interactive environment with experts who will offer advice on how to increase wealth by investing in the stock market and fixed income instruments.
DB&G emphasises that the seminars are not just for those who are wealthy they are for anyone who wants to get wealthy. The seminars are free and open to all.
According to Ms. Betton, the seminars have been successful with an overwhelming response. One reason for this was that the seminars were tailored to suit the particular audiences in the areas visited.
"In Montego Bay, we had
over 200 participants [and overall], the feedback has been very positive," Ms. Betton said. "Our clients have been clamouring for these seminars."
