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The earlier you start investing, the better your potential financial outcomes. Regrets often surface about not starting earlier, such as at 18, but what’s important now is recognizing that you still have time. Many people in their 40s are at their peak earning potential, albeit accompanied by increased stress and responsibilities. With only 20 to 25 working years left before retirement, it is crucial to adopt intentional practices to build wealth during this critical period.
Common Pitfalls to Avoid
Many potential investors fall prey to common mistakes that can hinder their financial growth. Here are three key pitfalls to avoid: