Benel Lagua | 10 December 2021
THE investment decision requires the commitment of current resources in the expectation of deriving more in the future. To reap the benefits, one sacrifices something of value now, expecting that the future will be better because of the commitment of time and effort. To prepare for retirement, for example, one should start saving at a very early stage. It is important to devise a plan and stick to it with clear goals. The earlier the preparation, the better it will be to take advantage of the compounding effect.