The Importance of Investing Early
INVEST EARLY! INVEST TODAY!
That's the best advice you'll ever get...that and not to eat yellow snow, but that is a different category... The earlier you start investing, the longer your investment has to grow.
Think of your nest egg as an apple orchard. If you had only one seed today and you had a goal of creating an apple orchard...when would you plant your first seed?
The longer your 'seeds' have to grow...the more time they have to become larger 'trees' that will produce 'apples'....each containing their own 'seeds'....the point is that you wouldn't wait until you had a huge bag of seeds to start planting, you would want to start today...
https://flagship.vanguard.com/VGApp/hnw/content/SiteWide/FlashPgs/SWFlshPwrOfCompContent.jsp
This site shows the importance of starting early rather well. It runs a scenerio of two individuals, one who invests $2,000/yr for 10 years (starting out at age 25 ) the second starts investing $2,000/yr from age 35 until age 35 ($60,000)...the restults, when compounded at 8% interest are rather staggering. It isn't hard to open up an investment account...
https://www.sharebuilder.com/sharebuilder/Setup/Default.aspx
This is a great site for investors that are just starting out; you can start investing with as little as $1.00. If you don't have one dollar, start saving!!! The earlier you start, the better!!!
INVEST EARLY! INVEST TODAY!
That's the best advice you'll ever get...that and not to eat yellow snow, but that is a different category...
The earlier you start investing, the longer your investment has to grow.
Think of your nest egg as an apple orchard. If you had only one seed today and you had a goal of creating an apple orchard...when would you plant your first seed?
The longer your 'seeds' have to grow...the more time they have to become larger 'trees' that will produce 'apples'....each containing their own 'seeds'....the point is that you wouldn't wait until you had a huge bag of seeds to start planting, you would want to start today...
https://flagship.vanguard.com/VGApp/hnw/content/SiteWide/FlashPgs/SWFlshPwrOfCompContent.jsp
This site shows the importance of starting early rather well. It runs a scenerio of two individuals, one who invests $2,000/yr for 10 years (starting out at age 25 ) the second starts investing $2,000/yr from age 35 until age 35 ($60,000)...the restults, when compounded at 8% interest are rather staggering.
It isn't hard to open up an investment account...
https://www.sharebuilder.com/sharebuilder/Setup/Default.aspx
This is a great site for investors that are just starting out
That's the best advice you'll ever get...that and not to eat yellow snow, but that is a different category... The earlier you start investing, the longer your investment has to grow.
Think of your nest egg as an apple orchard. If you had only one seed today and you had a goal of creating an apple orchard...when would you plant your first seed?
The longer your 'seeds' have to grow...the more time they have to become larger 'trees' that will produce 'apples'....each containing their own 'seeds'....the point is that you wouldn't wait until you had a huge bag of seeds to start planting, you would want to start today...
https://flagship.vanguard.com/VGApp/hnw/content/SiteWide/FlashPgs/SWFlshPwrOfCompContent.jsp
This site shows the importance of starting early rather well. It runs a scenerio of two individuals, one who invests $2,000/yr for 10 years (starting out at age 25 ) the second starts investing $2,000/yr from age 35 until age 35 ($60,000)...the restults, when compounded at 8% interest are rather staggering. It isn't hard to open up an investment account...
https://www.sharebuilder.com/sharebuilder/Setup/Default.aspx
This is a great site for investors that are just starting out; you can start investing with as little as $1.00. If you don't have one dollar, start saving!!! The earlier you start, the better!!!
INVEST EARLY! INVEST TODAY!
That's the best advice you'll ever get...that and not to eat yellow snow, but that is a different category...
The earlier you start investing, the longer your investment has to grow.
Think of your nest egg as an apple orchard. If you had only one seed today and you had a goal of creating an apple orchard...when would you plant your first seed?
The longer your 'seeds' have to grow...the more time they have to become larger 'trees' that will produce 'apples'....each containing their own 'seeds'....the point is that you wouldn't wait until you had a huge bag of seeds to start planting, you would want to start today...
https://flagship.vanguard.com/VGApp/hnw/content/SiteWide/FlashPgs/SWFlshPwrOfCompContent.jsp
This site shows the importance of starting early rather well. It runs a scenerio of two individuals, one who invests $2,000/yr for 10 years (starting out at age 25 ) the second starts investing $2,000/yr from age 35 until age 35 ($60,000)...the restults, when compounded at 8% interest are rather staggering.
It isn't hard to open up an investment account...
https://www.sharebuilder.com/sharebuilder/Setup/Default.aspx
This is a great site for investors that are just starting out
posted by Thor @ 9:58 AM
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