Question
What is one advantage of starting to invest as early as possible?
A.
You’re eligible for higher interest rates the younger you are.
B.
You’ll get a discount on any fees for funds you invest in.
C.
Your money has more time to grow.
D.
You have access to more funds.
A.
You’re eligible for higher interest rates the younger you are.
B.
You’ll get a discount on any fees for funds you invest in.
C.
Your money has more time to grow.
D.
You have access to more funds.
Answers
Answered by
GPT-4o mini
C. Your money has more time to grow.
Starting to invest early allows your money to benefit from compounding returns over a longer period, which can significantly increase the total amount you have when you need it.
Starting to invest early allows your money to benefit from compounding returns over a longer period, which can significantly increase the total amount you have when you need it.