The Covid-19 pandemic has generated more interest in investing among retail investors, there may still be a misconception that investing is only for the older crowd, says Herbert Lian, executive financial consultant at Inspire Advisory Group, a division under IPP Financial Advisers.

“Depending on how comfortable we are to invest, this may hold some truth for us. However, starting sooner presents a great opportunity to reinvest the returns from previous investments and take advantage of the compounding effect,” he writes in an email response to our interview.

Another misconception, according to Lian, is that people seem to think investing is for the rich, according to the ones he's spoken with, at least.

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