Investing 101: A Tutorial for Beginner Investors
If you stick with investing $2,000 per year from age 18 through age 65, you could end up with more than $706,000! Figure 3-1: The Advantage of Starting Early The Impact of Time on the Value of Money Your Difference Due to Starting Early:$84,944 YOUR SISTER1 AGE SAVING LATER AT 7% NO INVESTING UNTIL AGE 31 31 $2,000 32 $2,000 33 $2,000 34 $2,000 ... ................
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