Investing at an early age

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"Someone is sitting in the shade today because someone planted a tree a long time ago"

-Warren Buffett

If you want to make your 30s better and to love yourself at this age then start investing in your 20s. Regular investments made right from an early age can reap huge benefits at the time of retirement because of investments you can afford things that others' can't at that age. Early investments accompanies power of compounding that you can't imagine. It is the 'Magic of investment'. If a person invests just 5000 rupees a month at 10% interest then after 5 years only he will end up with 3.9 lakhs due to power of compounding. The early you start the more you get. Warren Buffett quoted," I started investing at the age of 11 and regrets to start late."

Benefits of early investing:

  1. Ability to take more risk: At an early age you can take more risk rather than an old age person who tries to secure his life by making save investments.
  2. More experience: By starting at early age one can bear the losses and gain experience from the losses made at investments.
  3. For enjoying the benefit of compounding.
  4. Starting investment early improves your spending habit.
  5. For securing your retirement life.
 Teenagers should start investing at early age by refraining themselves from making expenses on unwanted things like eating out regularly, buying expensive accessories etc and rather use this money to invest to get results in future. It is not the thing that we should not do expenses but we should control our expenses to a limit. A person who use 500 rupees for eating a pizza if uses this money only for investing in a SIP on a monthly basis then he can deal in lakhs of rupees after 10 years.

"Do not save what is left after expending, but spend what is left after saving."
-Warren Buffett

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