The Most Powerful Investment Tool is Time
How investing a little can lead to much more.
You may remember learning about erosion in school, how a small trickle of water, over time, can wear away rocks and soil and transform into a raging river.
That image always enters my mind when I talk with young investors about how to make their money work for them early in their careers. Coming into their first jobs out of college, they probably aren’t making much income, and that’s while they’re considering student loans, saving for a first down payment on a home, and the other expenses that come from starting life on their own. Many of them feel that there just isn’t enough left over to start funding an investment account in a meaningful way.