SL Investment Intuition - Compounding
Sometimes our intuition/gut feeling for numbers can lead us astray. What's the best way your parents could help to make your life easier? I'm sure you can think of many ways. . ! One way would be to invest 10 000$/£/€ when you were aged 10yrs old (giving them 10yrs to save up!) to use as a deposit on (maybe) your first house 20yrs later aged 30. However, this is a lot of money and your parents don't want you to waste...