If there is a single advantage that investors in their 20s hold over every other age group, it is not knowledge, income, or access to information. It is time. Time is the fuel that powers compound interest, the mathematical force that Albert Einstein is said to have called the eighth wonder of the world, and the investors who start early have more of it than anyone else. The difference between an investor who starts at 25 and one who starts at 35 is not ten years of contributions. It is often a difference of hundreds of thousands of dollars in…
Source: View original article