In the pursuit of wealth, people are often looking for a silver bullet, that one miraculous idea or strategy that can make them rich. The truth is, there are none. With that being said, the most powerful tool in investing is quite simple: time.
Having time on your side allows compound interest to take over. This can help your money grow faster over time, each increase builds on the larger balance. Albert Einstein said "Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't, pays it."
This concept is important for everyone, but especially for younger individuals. Those with many years until retirement have the ultimate tool on their side as illustrated above.
So what's the secret? Save more than you spend, invest early and often, and let time and compound interest work for you.