Igor Cornelsen believes that the investor that starts early is going to have much better start than someone that is waiting until they are older to invest. Some people will put investing off for years because they will say that they do not have any knowledge about the market. They will fail to invest because they do not have the time to learn.
There are so many excuses that are made for investors, but Igor believes that there are always going to be some level of trial and error. If investors do not take the time to engage in the trial-and-error experience of investing they will never get any better at doing it. Igor believes that investors need to start early. They need to get their feet wet and learn what the market is about so that they can get on a better path to investing.
Those that wait for a long time will find themselves in a place where they are trying to learn about investing later in life. This is a steep learning curve that does not yield the best return on investment because older investors will tend to be more occupied with taking care of an extended family. They will have more challenges for investing a lot of money because they may be in a position where they have grandchildren. Older investors may have more adult children and less money. All of these things will play a factor in slowing down the amount of investing that they may have planned to do previously.
Igor Cornelsen believes that all investors should start early, and they should not keep their Investments on autopilot. It is good to have a financial advisor in your corner, but Cornelsen believes that investors should learn as much as they can on their own. This is typically going to be the best way to find out if you need to make changes in your portfolio. New investor thrives putting everything into one area. In order to diversify you must first take aim to diversify your knowledge and the investment possibilities that exist before you.