Friday, September 12, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    Man typing on a laptop computer, focused on his work in a well-lit environment.

    The Coming Flatine Beep of AOL’s Dial Up Service – Are There People Still Using Dial Up?

    ChatGPT

    India’s IT Sector Embraces ChatGPT Alternatives: The Rise of Specialized AI Chatting Tools

    Digital Transformation

    The Role of Drupal in the UK’s Public Sector Digital Transformation

    Looking out from a window at a vibrant UK city street, with vehicles and people navigating the urban landscape.

    Smart Transport: AI Solutions for UK’s Urban Mobility Challenges

    AI Agents

    5 Tips for Using AI Agents in the Best Possible Way

    Windows 11 Safely

    How to Download and Install KMSpico on Windows 11 Safely (Step-by-Step Guide with Alternatives)

    tech

    The Rise of Minimalist Tech: Why Consumers Are Choosing Compact Gadgets

    Revolutionizing

    How Technology Is Revolutionizing the Way We Travel

    Online Casino Game

    The iGaming software provider matters: Is it the best way for online casinos to achieve long-term success?

  • Consumer
    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

  • Finance
    Smartphone displaying a stock chart with fluctuating lines and data points.

    CHIPS Act Shake-Up: How Washington’s Plan Impacts Tech and Industry Stocks

    sifx.com: What’s Behind the Growing Buzz Among Traders?

    sifx.com: What’s Behind the Growing Buzz Among Traders?

    Georgia’s Free Industrial Zones (FIZ): A Strategic Choice for Crypto Businesses?

    Georgia’s Free Industrial Zones (FIZ): A Strategic Choice for Crypto Businesses?

    Senior Citizen in a wheelchair

    How to Support and Manage Your Parents’ Financial Decisions Through Dementia

    Mobile Apps for Managing Finances: What to Choose in 2025

    Mobile Apps for Managing Finances: What to Choose in 2025

    Bank Branch Presence in the UK: Then and Now

    Bank Branch Presence in the UK: Then and Now

    Financial graph illustrating investment performance

    Tradock Explained | What This Trading Platform Offers

    Investment Graph in different device screens

    Quantiumax Reviews: What Makes This Broker the Best Choice Available

    Panoramic view of London's skyline featuring iconic buildings like the Shard and the London Eye against a clear sky

    Can London Still Compete with Silicon Valley and Berlin in Tech Investment?

  • Environment
    Five Ocean Discoveries That Could Change How We See the World

    Five Ocean Discoveries That Could Change How We See the World

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

    Why You Should Hire Waste collectors for efficient waste removal

    Why You Should Hire Waste collectors for efficient waste removal

  • Property
    Furnished Apartments

    London Serviced Apartments: A Growing Trend Among Modern Travellers

    Close-up of Bungalow Houses

    The Key Reasons Park Bungalows Are A Smart Investment

    Discovering the Charlie Oven The Rural Ranges Ltd Approach

    Discovering the Charlie Oven The Rural Ranges Ltd Approach

    Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

    Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

    How to Streamline Your Home Expenses

    How to Streamline Your Home Expenses

    How To Plan Your Home Improvements in Six Easy Steps

    How To Plan Your Home Improvements in Six Easy Steps

    Budgeting for a House Sale: What Most Sellers Forget

    Budgeting for a House Sale: What Most Sellers Forget

    Home and business removals: Streamlining your move

    Home and business removals: Streamlining your move

    Maximizing Your Investments: A Guide to Purchasing Villas for Sale in Dubai 2025

    Maximizing Your Investments: A Guide to Purchasing Villas for Sale in Dubai 2025

  • eCommerce
    Ecommerce Platform

    What Makes a Global Ecommerce Platform User-Friendly

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Personalized Shopping: How Technology is Transforming Retail

    Personalized Shopping: How Technology is Transforming Retail

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

No Result
View All Result
Today News
Home Finance

How Early Should You Start Investing to Secure Your Future?

David Prior by David Prior
May 29, 2024
Reading Time: 3 mins read
How Early Should You Start Investing to Secure Your Future?
500
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Many assume that millionaires belong to an exclusive group, yet you’d be surprised by how many are actually around you. The Credit Suisse Global Wealth Report reveals that as of 2021, the United States boasted over 25.1 million millionaires, representing about 4.8 percent of the adult population. You too could join their ranks one day.

The path to becoming financially free may be more attainable than you think, particularly if you adopt a millionaire’s mindset toward investing. Here are several key strategies to help you build your portfolio and potentially achieve millionaire status;

Related posts

Smartphone displaying a stock chart with fluctuating lines and data points.

CHIPS Act Shake-Up: How Washington’s Plan Impacts Tech and Industry Stocks

September 5, 2025
564
sifx.com: What’s Behind the Growing Buzz Among Traders?

sifx.com: What’s Behind the Growing Buzz Among Traders?

September 2, 2025
552

Start Investing Early: The Power of Compound Interest

To start, it’s crucial to learn to invest early to harness the power of compound interest. The key to building financial freedom lies in beginning your investments as soon as possible. The earlier you invest, the more your money can grow through compound interest, where your earnings generate further earnings. Delaying your investment, even by a decade, can cause you to miss out on significant potential gains.

For example, if Emily invests $10,000 every year starting at 22 years old with an 8% return, she’ll have over $2.6 million by the time she’s 62. If Adam starts at 32 with the same plan, he’ll only have about $1.1 million.

Set Specific Financial Goals

Successful millionaires are goal-oriented; they don’t just save and invest randomly. Whether it’s preparing for retirement, setting aside money for emergencies, or saving for big purchases like a house, having clear objectives can help you stay focused and motivated. Knowing what you’re investing for makes it easier to stick to your plan and make informed decisions.

Choose Diversified Index Funds for Simplicity and Efficiency

Index funds are collections of stocks or bonds that track various indices and offer a straightforward way to invest. These funds are cost-effective since they’re passively managed and often have low fees. For beginners and seasoned investors alike, index funds like those tracking the S&P 500, which historically yields about 10% annually, are a great choice. They provide a broad exposure to the market, minimizing risk while offering solid returns.

Invest During Market Lows: Buy Low, Sell High

Smart investors know that a market downturn is an opportunity, not a crisis. The saying, “Buy when there’s blood in the streets,” emphasizes buying stocks when their prices are down. 

This approach can lead to significant gains when the market recovers. For instance, during the sharp market drop in March 2020 due to the Covid-19 pandemic, those who invested in low-cost S&P 500 index funds saw substantial returns as the market bounced back.

Live Modestly: Wealth Isn’t About Showing Off

Contrary to the flashy lifestyle often associated with millionaires, real wealth is usually more understated. Many millionaires live within their means, avoiding lavish spending on expensive cars and clothes, which allows them to invest more money. By focusing on asset accumulation rather than consumption, they build lasting wealth.

Diversify Your Investments: Don’t Put All Your Eggs in One Basket

Diversification is a key principle of investing. By spreading your investments across different types of assets—stocks, bonds, mutual funds, ETFs, and even real estate—you reduce the risk of significant losses. This approach protects your portfolio from volatility and ensures more stable growth.

Final Thoughts

If you aspire to become a millionaire, start by adopting a strategic approach to your investments. Focus on long-term growth, diversify your investments, and live within your means. These steps, combined with setting clear goals and taking advantage of market opportunities, can greatly increase your chances of financial success. 

Remember, becoming a smarter investor isn’t about following the crowd; it’s about making smart, informed choices and seeking advice when needed.

David Prior

David Prior is the editor of Today News, responsible for the overall editorial strategy. He is an NCTJ-qualified journalist with over 20 years’ experience, and is also editor of the award-winning hyperlocal news title Altrincham Today. His LinkedIn profile is here.

Previous Post

The Rising Threat of Online Fraud: How Businesses Can Stay Protected

Next Post

Car Vehicle Tracking – How To Maximise Your Fleet’s Efficiency

Related Posts

Smartphone displaying a stock chart with fluctuating lines and data points.
Finance

CHIPS Act Shake-Up: How Washington’s Plan Impacts Tech and Industry Stocks

September 5, 2025
564
sifx.com: What’s Behind the Growing Buzz Among Traders?
Finance

sifx.com: What’s Behind the Growing Buzz Among Traders?

September 2, 2025
552
Georgia’s Free Industrial Zones (FIZ): A Strategic Choice for Crypto Businesses?
Finance

Georgia’s Free Industrial Zones (FIZ): A Strategic Choice for Crypto Businesses?

August 29, 2025
568
Senior Citizen in a wheelchair
Finance

How to Support and Manage Your Parents’ Financial Decisions Through Dementia

August 26, 2025
569
Mobile Apps for Managing Finances: What to Choose in 2025
Finance

Mobile Apps for Managing Finances: What to Choose in 2025

August 22, 2025
429
Bank Branch Presence in the UK: Then and Now
Finance

Bank Branch Presence in the UK: Then and Now

August 22, 2025
466
Next Post
Car Vehicle Tracking – How To Maximise Your Fleet’s Efficiency

Car Vehicle Tracking - How To Maximise Your Fleet’s Efficiency

RECOMMENDED NEWS

Is KillerPapers Legit? A Breakdown of Hidden Risks for Students

Is KillerPapers Legit? A Breakdown of Hidden Risks for Students

4 months ago
468
Electronic Repair

Toronto Appliance Repair Services to Maintain Smooth Household Function

2 years ago
589
Tweets

Can You See Who Views Your Tweets? (The Truth)

1 year ago
52
Managing Your Wardrobe

From Closet Chaos to Laundry Zen: A Strategic Guide to Managing Your Wardrobe

3 months ago
22

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

AI Alt Text Generators banking Beauty business Christmas construction Corteiz cyber security data digital Digital Marketing Services ecommerce finance fitness Forex health HGV Driver Careers inflation insurance IP Camera Software kitchen KYND lifestyle manchester music News overseas Painting Jobs Personal Injury Pharmaceutical Industry Product Development property Real Estate recruitment Skincare Solar Panel Installation sports technology tourism travel UK vehicles yorkshire YouTube to MP3 Converter

Latest news

Family strolls in a vibrant field, flying a kite high in the air, with smiles on their faces and a bright sky above.

Balancing Tradition and Modernity in British Family Life: A Journey Through Time

September 11, 2025
Neon-lit casino sign featuring vibrant red lights, showcasing the excitement of gaming and entertainment.

Exploring the Rise of Mobile-Optimized Online Casinos in Ireland: A New Gaming Era

September 11, 2025
10 Gram Gold Bars

The Ultimate Guide to Safely Storing 10 Gram Gold Bars: Protecting Your Precious Investment

September 11, 2025
Misconceptions

Four Common Misconceptions About Immunizations for the Elderly

September 11, 2025
Garden Pets

Buy Grow a Garden Pets: Transform Your Gameplay with Nature-Inspired Fun

September 11, 2025
Stock Analysis

Top 5 AI Stock Analysis Tools to Watch in 2025

September 11, 2025
Concept to 3D

From Concept to 3D: A Step-by-Step Guide to Creating Explainer Videos That Actually Explain

September 11, 2025
Matching Christmas PJ Pants: Fun for the Whole Family

Matching Christmas PJ Pants: Fun for the Whole Family

September 11, 2025
Sacred Static Redefines

How Sacred Static Redefines Entertainment Industry Deep Dives for a Culturally Hip Audience

September 11, 2025
Installing Long Tube Exhaust

The Real Benefits of Installing Long Tube Exhaust Headers

September 11, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

Family strolls in a vibrant field, flying a kite high in the air, with smiles on their faces and a bright sky above.

Balancing Tradition and Modernity in British Family Life: A Journey Through Time

September 11, 2025
Neon-lit casino sign featuring vibrant red lights, showcasing the excitement of gaming and entertainment.

Exploring the Rise of Mobile-Optimized Online Casinos in Ireland: A New Gaming Era

September 11, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact