December 2019

5 reasons why you should invest while you are young (start early)

5 Reasons Why You Should Invest While You Are Young (Start Early)

Investing early not only helps you plan your long term goals, but also gives you the advantage of taking more risks. Following are the 5 main reasons that will explain why you should start investing when you are young.         5 Reason Why You Should Invest While You Are Young:   Reason 1: You Can Start Small One can invest in mutual funds with as less as Rs 500 and gradually increase the amount. A small part of your salary, stipend or pocket-money will go a long way if invest in mutual funds early.   Reason 2: Improve Your Spending Habits Investing while you are young enables you to develop the habit of disciplined spending.   Reason 3: Power of Compounding Earlier you start, greater is the Power of Compounding since you stay invested for a long time.   Reason 4: Accumulate A Larger Corpus Amount When ... Read More