Summary

Things that make a difference in investing

1. Compound Interest 

- It is not easy to appreciate the importance of compound interest
- It is called 8th wonder in the world
- Few percentage points can make a huge difference over a long period of time

2. Systematic Investment Plan / Regular Investing works

- Investing regularly, say every week or month, ensures averaging of prices.

3. Asset allocation 

Equities are the best asset over a long period.