LEARNING CENTER
Level | Beginner
HOW EARLY SHOULD YOU START INVESTING? HOW MUCH DO YOU NEED TO INVEST EVERY MONTH?
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Key Takeaways

  1. Investing early helps you build larger wealth reserves since you benefit from the power of compounding over a longer period of time.

    2. Due to compounding, a person who has invested early will accumulate more wealth than another person who has invested later in life even if both have invested the same amount of money.

    3. To fulfill a financial goal that will arise in future, figure out how much the goal will cost when it is due for fulfillment; take into account inflation.