New Delhi, April 24 -- Investing is a crucial component of financial planning, enabling individuals to build wealth, secure their future, and achieve financial independence. However, a common question that arises is: When is the right time to start investing? While the answer may vary based on individual circumstances, some general principles can guide you in making an informed decision.

One of the most compelling arguments for starting to invest as early as possible is the power of compound interest. Compound interest is the process where the interest you earn on an investment itself earns interest over time. The longer your money is invested, the more significant the effect of compounding, potentially turning even modest savings into s...