Todd Polke on starting to invest now, no matter the amount. Wealth takes 10 to 15 years to build. The point is forming the habit of regular investing, not waiting until you have more money.
So when people ask me, when is the best time to start investing? Like, you've got to do what you can with what you have where you are. This is always my answer. One of the mistakes I see a lot of people make is that they're always waiting for the perfect time. They're waiting till their boss gives them a raise. They're waiting until their partner is more supportive. They're waiting until the economy is right. Like all the different things that people do to actually delay this process, where what we need to focus on doing is we've got to start the habit of investing. We have to understand that wealth creation isn't a short-term little bubble where we do it for like 12 months. This is a 10 to 15 year journey to create financial freedom. And so what we want to be doing is that how can we actually start investing right now, build the habit of investing and building our wealth piece by piece. Do what you can with what you have, where you are, even if it starts with a single dollar.
