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An ASU finance expert discusses the importance of investing early.
In this article published Feb. 29, 2024, on CreditDonkey:
The two key things that every beginning investor should know before investing in stocks are the power of compounding and the importance of passively investing in a well-diversified portfolio. Compounding refers to the process where a stock's earnings, both dividends and capital gains, begin to earn earnings of their own. This effect can turn a modest investment into substantial wealth over time, which means that it's really important to start investing as early as possible.
– Atif Ikram, clinical associate professor of finance
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