323.14
"Invest early and often." You often hear that, but why does it make sense? Consider two outcomes of your life: (1) you invest $5000 per year in the stock market, starting when you’re 25, or (2) you invest $10,000 per year in the stock market starting when you’re 35. The average annual return on the stock market is 12%. How much more or less will you have when you're 65 with the second path vs. the first path? (8)