Investing your money when you’re young can bring big rewards.  For young Moneycube users, it’s about taking decisions now which will benefit you over the long term.

At Moneycube we’ve been speaking to our users about why they invest, and how investing makes them feel.

Click the video to learn more.

Here, Thomas explains why he chose to start investing now to harness the power of compounding, and grow his wealth over a long period.  In this video he explains why it’s worth getting started in the world of investing when you’re young.

The longer you can afford to invest for, the greater the potential for strong returns.  That’s because you can invest in assets with a higher risk-reward profile, and pay less attention to short-term ups and downs in the investment markets.

Recorded at our recent event on investing in Ireland, Thomas talks about the why it’s worth getting into a good investing routine now in order to benefit in future.

“Sacrifice what you have in the moment, for what you could have in the future”, advises Thomas.

 

Get started online, or talk to Moneycube today about how you could start investing your money.

 

This is the second video in a series where we talk to Moneycube users about their financial goals and investments.

Other videos in this series:

It’d be like a weight off my shoulders: Matt talks about the need for easy ways to grow your money.

By investing €400 a month you could save €27,900 in 5 years

Using our "Picture your money" tool, you can find out how your money could work for you.

Start now It only takes a minute to get started

Note: This is an initial indication to help you picture your money. Remember that with investments it is not possible to know for certain what returns you will achieve. Please note the investment warnings at the bottom of the page. This is the approximate before-tax return on an investment which grew at 6% over 5 years.

FREE

Should you be doing more with your money? Our free ebook guides you through your investment options and shows you how to avoid the investing pitfalls that could derail your finances.

 

 

How to get started investing in Ireland