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| Hulk & Iron Man |
The Iron "Man" & The Little Hulk
This green little Hulk is really like a monster that always thought himself is a hero. Things that constructed by the lovely Iron "Man" always broke into pieces once the Little Hulk joined in.
Saving 10 years vs 40 years - which is better?
There is an article on retirement saving - when saving for 10 years pays more than saving for 40 years - it compares saving age 21 to 30 (10 years) against 31 to 70 (40 years) with compound interest of 7% on 2,500.00 pound saving a year.
Conclusion: Both will have about 500,000.00 or half a million pound at the age of 70 but the young savers who did 10 years "job" earn a better return and less work! So, do it when they are young, even as soon as they are born. You (parents) will save some from your income tax reliefs too while helping your children to have a better future.
Start investing early no matter how small the figures is, as quoted in Albert Einstein legacy - “He who understands it earns it; he who doesn’t pays it.”
Source: The Telegraph & The Wall Street Journal