Chris Linkas is the managing director of Fortress Investment Corp. He lives in New York, and Linkas has a lot of investment experience under his belt. Christopher Linkas tends to give good advice when it comes to investing, and this is why young investors tend to listen to what he has to say about investing early.
In their twenties most people are not giving any thoughts to investing, but Christopher Linkas thinks that this is a very important thing for people to do. In fact, he has as many as 5 different reasons in place. One of the most important reasons Linkas emphasizes will be to earn the compound interest. As your money doubles from one years to the next it becomes quite easy for people to really see the profits.
Spending habits tend to improve when you have this desire to save. If you have a lot of disposable income you are going to spend it. If, however, you put away money for investing you are going to be much more likely to stay on track with your spending. Many people will say that they cannot invest because they really have never tried to do it. They may think that this is a hard thing to do, but investing is only as effective as you make it. If you do not put time or money into it you will not get to the point where you reach your goals. This is what Chris Linkas believes. That is the reason why he has a made an attempt to pass this information down to others.
The great thing about investing early on is that it helps you get ahead of others. If you have been investing long before your family and peers you will have the ability to cut down on the amount you are investing as you get closer to retirement. You will be able to enjoy most of your money because you started early (http://observer.com/2011/05/the-power-100-2/). This means you have the benefits of compound interest on your side. Chris Linkas believes that all investors are going to be able to benefits from this.