Why Invest Early?

Investing early is one of the most effective and efficient ways to get our investments to grow.

We can all come up with excuses not to invest, but the reality is there is no better time to begin investing than today.

The main reason to invest early is to take advantage of compounding interest. The easiest explanation of compounding interest is interest earned on interest.  This will make your investment grow much faster than simple interest.  Compounding interest is every investor’s best friend.  Come in and we can show you the compounding effect.

Compounding interest isn’t the only advantage to investing early. There are other reasons such as:

  • Allows you to take on more risk because you will have more time to recover any losses
  • Helps create disciplined spending habits
  • Will have access to funds in case of an emergency.

There are many things you can do to become a better investor, but the first thing you have to do is start!

Come in today to begin investing with the Catalyst Credit Union.

For more information about better ways for your investments to grow, contact Devron Jakeman at 204.937.6557 or email devron.jakeman@catalystcu.com.

 

 

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