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5. Time is Money
«I don’t know how», «I’m not a good investor yet», and «I need to hone my investing skills more» are common excuses beginners give if they are not investing. However, if you have time on your side, you can negate the impact of being a beginner investor. Investment success takes time, so you need to give your investments time in order for them to be compounded.
In the long run, time helps you to turn from an average investor to (at least) an-above average investor with a decent investment return. Even modest investment in tough times will help you work towards growing your assets.
