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even all of them) might have figured Noah had accidently eaten some kind of naturally grown narcotic. A crazy story they would think.
    Yet, someone must have believed him. As far-fetched as Noah’s flood story might have sounded to his buddies, it would have inspired at least one of his friends to build his own Ark—or at least a decent-sized boat.
    Despite the best of intentions, though, that person obviously never got around to it. Maybe he planned to build it when he acquired more money to pay for the materials. Maybe he wanted to be sure, waiting to see if the clouds grew dark and it started sprinkling. English naturalist Charles Darwin might call this guy’s procrastination “natural selection.” Needless to say, he wasn’t selected.
    For the best odds of amassing wealth in the stock and bond markets, it’s best to start early.
    Thankfully your friends—if they procrastinate—won’t meet the same fate as Noah’s friends, but your metaphorical ship will sail off into the distance while others scramble in the rain to assemble their own boats.
    Starting early is more than just getting a head start. It’s about using magic. You can sail away slowly, and your friends can come after you with racing boats. But thanks to the force described by Albert Einstein (some say) as more powerful than splitting the atom, they aren’t likely to catch you.
    In William Shakespeare’s Hamlet , the protagonist says to his friend: “There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy.”
    Hamlet was referring to ghosts. Einstein was referring to the magic of compound interest.
    Compound Interest—The World’s Most Powerful Financial Concept
    Compound interest might sound like a complicated process, but it’s simple.
    If $100 attracts 10 percent interest in one year, then we know that it gained $10, turning $100 into $110.
    You would start the second year with $110, and if it increases 10 percent, it would gain $11, turning $110 into $121.
    You will go into the third year with $121 in your pocket, and if it increases 10 percent, it would gain $12.10, turning $121 into $133.10.
    It isn’t long before a snowball effect takes place. Have a look at what $100 invested at 10 percent annually can do.
    $100 at 10 percent compounding interest a year turns into—
$161.05 after 5 years
$259.37 after 10 years
$417.72 after 15 years
$672.74 after 20 years
$1,744.94 after 30 years
$4,525.92 after 40 years
$11,739.08 after 50 years
$78,974.69 after 70 years
$204,840.02 after 80 years
$1,378,061.23 after 100 years
    Some of the lengthier periods above might look dramatically unrealistic. But you don’t have to be a creepy, ageless character in the Twilight series to benefit. Someone who starts investing at 19 (like I did) and who lives until they’re 90 (which I hope to!) will have money compounding in the markets for 71 years. They will spend some of it along the way, but they’ll always want to keep a portion of their money compounding in case they live to 100.
    The inspirational realities of starting early
    After paying off your high-interest loans (whether they are car loans or credit-card loans) you will be ready to put Buffett’s Noah Principle to work. The earlier you start, the better—so if you’re 18 years old, start now. If you’re 50 years old, and you haven’t begun, there’s no better time than the present. You’ll never be younger than you are right now.
    The money that doesn’t go toward expensive cars, the latest tech gadgets, and credit-card payments (assuming you have paid off your credit debts) can compound dramatically in the stock market if you’re patient. And the longer your money is invested in the stock market, the lower the risk.
    We know that stock markets can fluctuate dramatically. They can even move sideways for many years. But over the past 90 years, the U.S. stock