International Journal of Finance and Accounting 2021, 10(1): 12-20 DOI: 10.5923/j.ijfa.20211001.02 Exploring the Factors Influencing Investment Decision of Workers of Ghana Ports and Harbour Authority, Takoradi Peter Besah Avevor 1,* , Kennedy Oppong Fosu 2 , Kingsley Aidoo-Acquah 1 , Kwadwo Ankomah 1 , Ewuradjoa Ohene-Bredu 3 1 Faculty of IT Business, Ghana Communication Technology University, Takoradi Campus, Ghana 2 Internal audit Ghana Communication Technology University, Accra, Ghana 3 Ghana Ports and Harbour Authority, Takoradi, Ghana Abstract This research explored the factors which influence investment decision of workers of Ghana Ports and Harbour Authority, Takoradi using a quantitative research approach, with descriptive survey as the design. The population of study comprised both permanent and contract staff of the organization. A total of 254 employees were selected using random sample method, with 61.4% response rate and a set of questionnaire as the research instrument. Frequencies and percentages were relied upon for analyzing the obtained data. The study revealed that investment sales agents, TV/Newspapers, family members’ referrals, social media as well as the Books/Magazine were the main sources of investment information to workers of GPHA. Again, insurance policy is the commonest investment product workers relied upon. Also, safety, risk and returns, liquidity, and diversification factors were the main factors influencing investment decision of workers of GPHA. It is recommended that the Central Bank of Ghana should develop clear measures to protect the premium of investors. Again, the Management of GPHA should periodically organize sensitization and public education programs for its employees on investment decisions in order to increase the level of knowledge of staff members of organization in terms of investment. Keywords Assets, Financial, Financial literacy, Investment, Returns, Risk, Savings, Workers 1. Introduction Investment has become a widely discussed topic over the past decades. It is mainly concerned with wealth creation and wealth maximization. People often invest with the hope of obtaining good returns. Investment is also a means of growing one’s wealth [1]. It is believed that when people invest their savings bonds, mutual funds, stocks and other investment channels their wealth appreciates and accumulates, and ultimately earn extra income on their premium. People also invest in order to achieve financial goals or towards specific projects such as starting a business, buying a land, buying a car, building or buying a house, among others. When investment is properly done it helps people to achieve these objectives as they earn higher returns than the normal savings account [2]. As part of the strategies for better retirement, some people invest part of their savings. They buy stocks, bonds and other long term investments in order to ensure they live a * Corresponding author: apeter95@yahoo.com (Peter Besah Avevor) Received: Aug. 19, 2021; Accepted: Sep. 24, 2021; Published: Oct. 30, 2021 Published online at http://journal.sapub.org/ijfa comfortable life after years of active service. [2] Investment is seen as the process of buying financial securities or instruments with the main intention of getting higher returns or yield in the near future. Investment is about taking risks based on the state of the market or economy at a given time. Investment is also defined as the deliberate process of setting money aside to buy securities or physical assets with the expectation of it appreciating or yielding good returns after a particular period of time. It is usually issued by a financial institution or corporate body [2]. In their study, Malviya and Pandey identified various types of financial investments. They include savings and fixed deposit, physical assets such as gold, diamond, silver, real estate and lands. Others are marketable investments such as debentures and securities, non-marketable investments, transferable and non-transferable investments [3]. The ever-increasing advancement in technology has made the accessibility of products and services less difficult [2]. Today, one does not need special qualifications to invest and one does not need to be enormously rich to invest. All that is needed is a certain level of financial literacy or awareness. In support, Organisation for Economic Co-operation and