Next piece of advice? Don’t doubt the two words of the advice above. 🙂
Lets take the case of another person who realizes the power of compounding a little late and starts at 31. He continues investing Rs 1.5 lac every year till his retirement.
And he will end up with a corpus of Rs 1.83 crores.
And by the time you turned 23 and were ready to earn your first rupee, your corpus was already in excess of Rs 18 lacs. That’s a good amount to start with. Isn’t it? A big snowball to start rolling for someone who is yet to earn anything. 🙂
When it comes to compounding, there is no amount too small to start investing.
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