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Showing posts from August, 2010

Invest young, retire young

Young investors have a huge advantage that will allow them to secure their financial future without much effort. There are basic lessons that will help secure your future and allow you to have more fun now.

In order to be financially prepared, it is important they start investing while they are still young and avoid financial pitfalls that plague many of their peers. This requires they learn the basic financial education skills so they are financially prepared.

Have fun and retire young by following these simple steps.
Invest Young - There are powerful financial forces on your side when you start investing young. One of the most beneficial to young investors is compounding interest.Compounding interest occurs when you invest money and earn a return on what you invest. The amount your investment returns then starts to earn you money. This forms a snowball affect that will make your money grow bigger the longer you are invested.To break it down, you're making money off the interest yo…