In the investment circles, the benefits of investing early in life have been repeated over and over again. By the time most of us realize that we should start saving and investing, we find ourselves surrounded with responsibilities and wonder if we have wasted too much time to buy good investment products. The good news is that it is never too early or too late to start investing. The key lies in buying the right investment product.
The primary mantra of investment is that there is no fixed product that can suit all types of investors and/or all needs. You must take your financial goals and risk preference into consideration before investing. Also, if you are starting your investment journey relatively later in life (35+ years), then choosing the right investment product is of utmost importance.