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Investing early leads to longterm wealth from "summary" of Smart Women Finish Rich by David Bach
Investing early is the key to building long-term wealth. The sooner you start investing, the more time your money has to grow. Compound interest is a powerful force that can work in your favor when you begin investing early in life. By allowing your money to earn interest on top of interest, you can potentially see significant growth over time. When you invest early, you can take advantage of the power of compounding. Compounding allows your money to grow exponentially over time, as your initial investment earns interest, and those earnings in turn generate even more earnings. This snowball effect can result in substantial wealth accumulation over the long term. By starting to invest early, you give yo...
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