The sooner one starts investing the better. By investing early you allow your investments more time to grow, whereby the concept of compounding (as we shall see later) increases your income, by accumulating the principal and the interest or dividend earned on it, year after year.
The three golden rules for all investors are:
1) Start Investment early:- Start early and retire rich. Invest whatever you can today and move steadily towards a secure tomorrow.
2) Invest regularly- Invest regularly and methodically and let the magic of compounding work for you.
3) Be patient- For long-term wealth creation, you need to be patient. The longer the investment horizon, the lesser is the risk and greater are the returns.
The three golden rules for all investors are:
1) Start Investment early:- Start early and retire rich. Invest whatever you can today and move steadily towards a secure tomorrow.
2) Invest regularly- Invest regularly and methodically and let the magic of compounding work for you.
3) Be patient- For long-term wealth creation, you need to be patient. The longer the investment horizon, the lesser is the risk and greater are the returns.
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