Hedge your risk and distribute investment burden: Short-term investments often carry higher risks and often, higher burdens as well. Long-term investments allow for more buffer time to make changes to your strategy over the course of your life.
Multiply your earnings: The compound interest effect is powerful. When you leave your initial investments along, your earnings earn you even more money.
Be disciplined when it comes to your financial health: As with any kind of health, even financial health requires regular investments in time and resources – setting aside a regular budget helps ensure that your personal finances can grow properly.
Live worry-free: With your finances taken care of, properly diversified, and earning you more money and buffer space, you can enjoy quality time with your loved ones, doing the things you enjoy in life.