Why do we say time is money?
1 question, 3 ideas to discuss with your client:
“Smaller, sooner” is better than “larger, later” ...
Due to the way returns compound over many years, it’s more effective (and easier) to start investing small amounts earlier in life rather than trying to catch up later with larger amounts.
The right time to invest is… always
You can never guess when markets are going to rise or fall, so trying to “buy low” and “sell high” is foolhardy. A better strategy is to spread your risk over time by investing regularly, regardless of what the market is doing. This is known as systematic investing.
Investing is inventing your future
To get motivated to start investing, you should first identify the financial goals that are important to you: investing then becomes your way of achieving them.
Comments
** Most misfortunes are the result of misused time.
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The only luck in the world is the luck you create for yourself. Only in the casino are the odds in favor of the house. In real life, the odds always favor those who use their time wisely to pursue their goals constructively, to fill every day with a full measure of honest work. Bad luck befalls those who waste time and mental energy hoping for the big break that will propel them to greatness. We all have the same 24 hours available to us in each day. Most of us spend eight hours working and eight hours sleeping . What you do with the remaining eight hours will have a tremendous influence on the level of success you achieve in your life.
Napoleon Hill’s Thought for the Day
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