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3 rules I followed to start investing

The article on Fool.co.uk outlines three key rules the author followed to start investing. First, the author emphasizes the importance of starting early, highlighting that even small, regular investments can grow significantly over time due to compound interest. Second, the rule of diversification is discussed, where the author advises spreading investments across different assets to mitigate risk, using the example of not putting all money into one stock or sector. Third, the author talks about investing in what you know, suggesting that understanding the businesses or sectors you invest in can lead to better decision-making. The article concludes by encouraging readers to begin their investment journey with these principles in mind, regardless of their current financial situation.

Read the Full The Motley Fool UK Article at [ https://www.fool.co.uk/2024/11/29/3-rules-i-followed-to-start-investing/ ]