Key to Investing Success200191457-001

Give your investments time to grow and you’ll have a better chance of reaching your long-term goals, whether that means enjoying a comfortable retirement, affording your child’s college education or fulfilling a lifelong dream.

Even though Lisa put in one-third the amount of money that David did, she still has more money in her account at age 65. Lisa started investing at age 25 instead of waiting until age 35. That’s the power of starting early and giving your investments time to grow.

The more time you have for your investments to grow and compound, the more likely you are to reach your goals. Compounding occurs when you earn money on your original investment, or your principal amount, and on any earnings from that original investment.

A money market fund alone may not provide you with the growth you need over the long term to outpace inflation and help you reach your goals. Stock funds can provide you with higher potential for growth (but also higher risk). Diversifying your investments among stock, bond and money market funds can help balance the growth potential and overall risk of your portfolio. But remember that diversification cannot ensure against loss.

This information is for educational purposes only and is not intended as investment advice.