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If someone you know wanted to start investing, what best practices would you recommend they follow so they can harness the power of compounding? Explain your reasoning

Sagot :

Abiolataiwo2015idn

The  best practices that i would recommend they follow so they can harness the power of compounding is to invest early.

Harnessing the power of compounding

For a person or an individual that what to harness the power of compounding the best practice is for the person to start his or her investment early or in the first ten years.

Investing early will give you more advantage as it help you to grow your wealth especially if you have a long term investment plan as the amount invested will continue to grow and compound.

Inconclusion the  best practices that i would recommend they follow so they can harness the power of compounding is to invest early.

Learn more about compound interest here:https://brainly.com/question/24924853

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