07/01/2022
Starting your investment journey at 11 is too much to ask for, early’ would be one of them.
As much as this regret is real, the thought of saving or investing is often the least of our pbut if one makes a list of top 5 regrets among most investors – ‘not starting priorities soon after we start earning. At this stage, with the new found financial independence but low pay, we tend to spend more than we can afford. Most of the time, this translates into negligible to no saving/investment at all. And this way, our investment process gets delayed.
Finally once our investment journey starts in the late 20s or early 30s, it strikes us that we have lost a few precious years to let the power of compounding play the magic with our money. And that is when the thought of ‘not starting early’ becomes a regret.