Time is money - MoneySense

Time is money

Literally. Every dollar that you invest now will double in 12 years, assuming a 6% annual return.

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Literally. Every dollar that you invest now will double in 12 years, assuming a 6% annual return.  So even if you don’t feel wealthy in your 20s and 30s, try to put away what you can, either by investing or paying down your mortgage and debts. You’ll be pleased you did when you look at your net worth in your 40s and 50s.

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