3 Investing Tips I Wish I Could Share With My Younger Self
Starting to invest at a young age yields the highest results, but young people aren't always in a position to invest. They might not be educated about the benefits of investing young or have the funds to get started. Or they simply don't have the life experience that often triggers introspection and good decisions.
If I could go back in time and give my younger self some tips to get started with investing, I would now have a lot more money in my portfolio. These are three I would share.
This is obvious, but there's a deeper meaning because of the magic of compounding. So while clearly each year you invest adds up, over time it adds up exponentially, making every year count that much more. In fact, it's the money you put in earlier that produces the most returns down the line, since every year compounds it even more.
Source Fool.com
