Early investing is a time proven way of wealth creation. It is a tool to achieve future financial goals smoothly. It gives sufficient time to investor to hold the investment and take benefit of compounding.

Reasons to invest Early in your life

A person started investing Rs 20000 per month in a SIP scheme of a mutual fund at the age of 23. He invested continually for 15 years. At the age of 38 he became Crorepati.

Parameters
Investment amount20000
Investment ModeSIP
Investment Period180 months (15 years)
Expected rate of return0.12
Corpus generated after 15 years10091520

See the above table. This clearly reflects the worthiness of early investment. Although, it is difficult to predict the accurate rate of return in equity investment but historical trends of mutual fund equity investment for a longer duration gives many evidences when people earned even more than 12% return on their equity investments.