Procrastination is Not an Option

Of all the traits required to be a successful investor, the most sought after is patience. Time is your most valuable asset in investing. Hence, it is rightfully said that time in the market beats timing the market. This means the longer you remain invested, the better you will reap the benefit. Take the example of two friends, both 25 years of age, who, after graduating from a reputed business school, started their career together. One of them started to invest for his retirement with his first salary while the other waited for the next five years to make his first investment. In such a case, the difference in the final corpus can be striking.