You are young, it’s not your fault. Actually it’s a huge ginormous advantage – don’t waste this one!!!
Don't allow yourself to fall into the Youth Trap, i.e., putting off investing today, because you will get to it tomorrow.
Time is a funny thing. Quite a paradox actually. A paradox that you must teach your brain to master! The value of time is quite different in life than it is in investing:
In life, when we are young, we have a lot of time left, so we don’t value each individual unit of time very highly. This is quite rational. Economics 101 students will recognize that a huge supply of an item (i.e., time), reduces the unit value of that item. As we age into our 40s, 50s and beyond, people say time becomes more valuable, because we obviously have less of it. Again this is rational.
But in investing, the value of time works in reverse: time in and of itself is valuable. And in one of the quirks of economics, the more time you have (i.e., the younger you are), the more time is worth. This the opposite of how time is valued in life! This paradox of time must be understood and mastered so that you avoid falling into the Youth Trap.