Getting Started As Early As Possible - Deepstash
Getting Started As Early As Possible

Getting Started As Early As Possible

Investing when you’re young is one of the best ways to see solid returns on your money. That's thanks to compound earnings, which means your investment returns start earning their own return. Compounding allows your account balance to snowball over time.

Example:

Let's say you invest $200 every month for 10 years and earn a 6% average annual return. At the end of the 10-year period, you'll have $33,300. Of that amount, $24,200 is money you've contributed — those $200 monthly contributions — and $9,100 is interest you've earned on your investment.

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"I can do all things through Christ who strengthens me.” — Philippians 4:13

Learning the basics about investing can be pretty complicated and overwhelming without the proper information. Hopefully this guide can help you get started.

The idea is part of this collection:

How to Start Investing Today

Learn more about moneyandinvestments with this collection

How to manage risk

How to analyze investment opportunities

The importance of long-term planning

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