Why we should start to invest early!
Why should you start investing early?
Compound interest that’s why.
It was Albert Einstein who is reputed to have said, ‘Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.’
If you invest into a low cost index fund today, that happen to be return an average of 8% a year the outcome takes care of itself.
Borrow to much now…and the opposite would be true too.