Investing can seem intimidating to a lot of people, but it doesn’t have to be. Believe it or not, you can start investing with little money, and over time your investments can grow to a substantial amount of money. In fact, if you invest early enough in your life the impact of compounding interest starts working for you very quickly.
The earlier you start investing the more money you will have when you retire. But why should someone invest? There are many good reasons to start investing at a young age, and I’m going to list six of them below.
Now before I get into these points let’s make sure everyone knows what investing is. Investing is putting your money into a place where it will gain value over time. For example, you can invest in stocks (which is essentially owning small pieces of companies), real estate (or buying property and renting it out)...