Much like waiting for the British summer to finally arrive, when it comes to nurturing your savings, it pays to be patient.

This is because when it comes to harnessing the benefits of compounding, it has very little to do with how much you can afford to invest, and everything to do with how long you can invest for. When practiced over the long-term and combined with the tax efficiency of a stocks and shares ISA or a SIPP, the benefits can be substantial.

The longer you can remain invested, the greater the opportunity you are giving your investments to grow. A ripple effect of interest on interest, returns on returns.

You’ve waited this long for the British summer, so be as kind to your investments and allow them the opportunity to benefit from the power of compounding.

Start today and embrace the power of slow.

 

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