Start investing early from "summary" of The Automatic Millionaire, Expanded and Updated by David Bach
The power of compound interest is one of the most important concepts in building wealth. When you start investing early, you give your money more time to grow through the magic of compounding. This means that the returns you earn on your investments are reinvested to generate even more returns over time. As a result, your money has the potential to grow exponentially, allowing you to accumulate wealth at a much faster rate than if you were to start investing later in life. By starting to invest early, you are able to take advantage of the long-term growth potential of the stock market. While the stock market can be volatile in the short term, historical data shows that it has consistently delivered positive returns over the long term. By investing early and staying invested for the long haul, you can benefit from the overall upward tren...
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