One of the main reasons people invest is to work towards long-term financial goals.
For example, you may want to invest for:
- Building long-term wealth
- Buying a home
- Funding your child’s education
- Retirement planning
- A future business or financial goal
- Creating financial independence
Starting early can also give your investments more time to potentially benefit from compounding, where returns can generate further returns over time.
However, investing does not guarantee profits. Market-linked investments can rise and fall, and past performance does not guarantee future results.