Time is on your side....

A lot of my university students are studying English to:

Get a job
Get a job promotion
Study abroad, so it's easier to get a job

Investing your time and effort to improve your foreign language skills is wise.
However, are you investing your money? If not, you're making a BIG mistake.

Right now, time is on your side. If you just invest $100 (100,000 won) a month, from 18-28 (10 years), you'll end up with around $164,000 (164,000,000 won).

Take a look at the chart below. This is based on an average return of 6% a year.

If you'll notice, someone that starts to invest $100 a month at age 40 only has $69,787.

Now, a 6% annual return is too low. Here's the average U.S. stock market return since 1900.

Decade	Average Return Per Year
1900s	9.96%
1910s	4.20%
1920s	14.95%
1930s	-0.63%
1940s	8.72%
1950s	19.28%
1960s	7.78%
1970s	5.82%
1980s	17.57%
1990s	18.17%

The average return is 10.4% a year.

So, let's say you start investing at 18 and add $200 a month into a U.S. index fund.
The index fund returns an average of 10.4% a year. You continue to add $200 month until you're 58 (when you want to retire). You will end up with....

$1,072,701.95

Remember, this is based on only $200 a month. If you invest more, you end up with more.

What if you invest $400 a month until age 58?

$2,620,768.98

If you wait until your age 30, and invest $200 a month until you're 58, you'll end up with...

$382,825.87

When you're 30, you have to invest $600 a month until your 58 to end up with...

$1,049,977.50

Stop wasting time and money, go out there, and start saving. What's the moral of the story? Start when you're young because time is on your side.