5 Reasons Why You Should Start Investing Early

Warren Buffet once said, “Someone is sitting in the shade today

because someone planted a tree a long time ago.” Investing is a

long-term strategy, and time your biggest multiplier. It pays to start

investing early in order to reach your financial goals.

Not convinced? Read on for our top 5 reasons why

investing as early as possible helps.

You Get to Earn More

While this might seem like a no-brainer, it actually rings true

when it comes to investing. If you hope to have half a million

dollars by the time you’re fifty, it makes sense to start early –

you’ll be able to reach your goal faster if you have been investing

for 20 years, as opposed to 5 years.

You Get Some ‘Buffer Time’

Let’s say you’re short on cash because you would like to buy a

house. If you have been investing early and consistently,

stopping your contributions for a while won’t hurt things.

You Have More Room to Take Risks

The advantage of time (and youth) allows you to be more adventurous in

taking risks. Never mind if your gambles don’t pay off – time will allow

you to reap the rewards you want. Also, having more time on your side

means greater exposure. You have more time to study the markets and

refine your investment strategies; and you learn as you invest.

You Will Have Already Formed a Habit

Individuals who start investing at an early age are less likely to give up

their dreams of investing, because setting aside money each month for

investments is second nature. Starting early will give you less temptation

for putting it off!

You Can Retire Early

Being able to achieve said half a million by age fifty would mean that you

would be able to retire early. Or, you can channel those funds into

working on something you like.

Remember, it’s never too early to invest. With the right help and lots of

research, you too can be on your way to achieving your financial goals, be

it in your 20s or 50s.