Thursday, March 15, 2012

Fitz: The Benefits of Investing Early



When I first started working and making my own money, it never occurred to me to invest my earnings.

At best, I would just put a portion in my savings account and spend the rest however I want.

Looking back, if given the chance to relive those times, I would have chosen to allot another portion of my income to investing.

I used to consider investing as something that old people do – old people with lots of extra cash.

What I didn’t know back then and what I realized a few years ago was that – it’s always better to invest as early as you can in your life.

To give you a simple illustration why, here’s a couple of scenarios that I came up with.

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