82) Investor Challenge #3 - No Hurry To Invest Now

82) Investor Challenge #3 - No Hurry To Invest Now

 
Another common challenge is investor does not think he needs to invest now. He thinks that he can always wait next year before starting to invest.

The challenge is that the time to utilize the money is already fixed.
a) Retirement at age 60 years old
b) Child need to go to University at age 18 years old
c) Savings objective is fixed on certain date.

The longer you procrastinate or "wait and see", the shorter the time to invest. The date to use the money for the reasons above is already fixed by the achieved age date. 

Your child will continue his education after he finished his qualifying exams. For example the SPM, STPM, A Level or O Level.

Every day delay is another less day to the University entrance date.

 
It is also the same for retirement date.

Every day delay is another less day to the retirement date.

So, do not wait to start the savings program. There is no time to lose.

Investment needs time to grow.

Use the time to compound your investment returns.