Futures
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Gold
One platform for global traditional assets
Options
Hot
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Launch
CandyDrop
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In investing, even if you invest double the amount at a later time, the person who started before you will accumulate greater wealth.
If you're planning to retire after 40 years, you have two investment options:
Save $5,000 annually starting today
or save $10,000 annually but after 16 years
Let's assume the annual return on investment is 9% in both cases.
The paradox?
Despite the second option investing double the amount, starting late means you end up with less wealth compared to someone who started early with a smaller amount.
In investing, timing is more important than the size of the amount...
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