Why should one start investing money very early?
Why should one start investing money very early? Full article Investing money at an early age can be one of the most important financial decisions one can make. Here are some reasons why: Compounding Interest: The power of compounding interest cannot be overstated. By investing early, you give your money more time to grow. The longer you keep your money invested, the more it will grow. Even small amounts invested regularly can grow into significant sums over time. Long-Term Goals: Investing early allows you to set long-term financial goals and work towards achieving them. Whether it's saving for a down payment on a house, planning for retirement or building a nest egg for your children's education, starting early gives you a head start towards meeting your goals. Risk Management: Investing early allows you to take on more risk because you have more time to recover from any losses. With a longer investment horizon, you can afford to invest in riskier assets that offer higher re