I met an old friend for supper recently to catch up on each other’s lives. Naturally, the topic of investing came up, and my friend (who is the same age as I) made the following comment:

“Bro, why do you invest so young? Go enjoy your youth while you still can! No point investing when you’re young with so little amounts, you won’t get far. I’d rather spend money now travelling the world, eating good food, and start investing at the peak of my career where I can afford to invest much larger sums compared to now”

While there is nothing wrong approaching life that way, I was curious to find out whether is it true that A) starting with little amounts won’t get you far, and B) it is better to invest when you have larger sums of money.

Let’s have a hypothetical example:

Ben is 20 and is …