Tuesday, February 26, 2008

Start early to accumulate wealth

According to an article in a recent newspaper, it is said that starting early is more important than anything else in investing. When you teach your child to invest early he can afford the luxury of making mistakes because he has enough time left over to turn himself from a loser to a winner. Moreover, starting young can trigger a life long interest in investing. He will experience the ups and downs of the stock exchange. Your child will also be keen to check the stock prices and study the financial information in the newspapers or the Internet. He can start small but should select only quality stocks. It is exciting for your child to see the accumulation of wealth without doing anything.

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