The benefits of planning and starting an investment strategy early are clear, writes Tony Parker. Here he examines the investor's path through life
It might seem obvious to say, but it's better to start planning early for an event than leave it to the last minute - the early bird catches the worm, and all that. And this is also the case when deciding on your financial goals and how investing can help achieve them. Starting the journey When it comes to starting: the earlier the better, because the longer your money is invested the more scope there is for market anomalies, such as the ones we've experienced recently, to be absorbed. For many starting to invest earlier can be daunting due to a number of things: • lower ...
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