Why you need to start investing when you’re young

As a student, we don’t have much to invest. But we can start with whatever savings we have. Also with dedication, consistency and faith, we can increase our wealth slowly but steadily. We can start with creating savings habit which will be helpful in future. You can also start side business like tutoring and many others.

We can also start by investing in the stock market. They come with high risk but they also offer strong returns. As we start investing at an early age, we can learn from our mistakes and improve ourselves. Also, we can invest for the long term which will benefit in the long run.

Also, compounding helps. As Albert Einstein has said compound interest is the eighth wonder of the world.

Compounding is the process in which an asset’s earnings, from either capital gains or interest, are reinvested to make additional income over time. For eg: A single Rs 10,000 investment at age 20 would grow to over Rs 43,219 by the time the investor is 60 years old (based on a 5% annual interest rate). That same Rs 10,000 investment made at age 30 would yield about Rs 26,533 by age 50, and made at age 40 would yield only Rs 16,289. The longer the money is put to work, the more wealth it can create in the future.

But when it comes to the best investment for students, we can also invest in ourselves by improving our skills. Young students often have many opportunities to increase their ability to earn a high salary in future, and taking benefit of these opportunities can be considered as one of the best forms of investing.

That’s why we have designed our advanced trading course in such a way that the students can get the benefit of both self-investment as well as the power of compounding by investing in the stock market.

Join our courses to learn about Stock Market