We often hear that starting your investment when you are at a young age is a good thing as it allows more time for compounding to take effect. But this is on the premise that everything else remains constant and time is only the variable factor that is considered.

I've come across stories of many young readers recently who wanted to start their investment journey as early as possible, some are as young as 15 while another at the tender age of 18. The intern in our department is another one whom I've come across. We had lunch today and I get to find out more things about him and his "dreams". He is currently at his 2nd year at Ngee Ann Polytechnic, 18 years of age and has started investing in the stock market. When I asked him how he gets his capital, he told me that he dislikes ...