As a child of the digital age, there’s no excuse to be scared of investing your money. Thanks to the rise of robo-advisers and online trading platforms, even beginners can start investing – with as little as $100. Check out online investing platforms such as Smartly (www.smartly.sg), which completely automates all your trades for you. And if you’re worried about high service fees and hidden charges, you’ll be pleased to know everything at Smartly is transparent and upfront.
So how does investing make you rich? Two words: compound interest. Basically, the longer you invest, the more your money grows. That’s why how early you start investing is more important than how much you invest. Don’t wait, because investing early and often dramatically increases your chances of getting rich.