What is the primary factor that makes the 15x15x15 rule effective for accumulating wealth?

"High-risk investments" "Consistent long-term investment" "Frequent changes in investment strategy" "Timing the market"

What is the core concept behind the power of compounding in investment?

"Investing in volatile stocks" "Earning interest on accumulated interest" "Withdrawing profits at regular intervals" "Diversifying across multiple asset classes"

According to the article, what is a recommended approach for investors to benefit from compounding?

"Delaying investment until market conditions are favorable" "Investing a large sum of money at once" "Starting investments early and maintaining consistency" "Focusing solely on fixed-return investments"

What is a key takeaway for investors regarding market fluctuations and their investment portfolio?

"Expect consistent upward growth in portfolio value" "Panic and sell investments during market downturns" "Accept market volatility as a natural part of long-term investing" "Avoid equity investments due to their unpredictable nature"

What crucial advice does the article offer regarding mutual fund selection?

"Prioritize funds with the highest historical returns" "Choose funds solely based on popularity and brand name" "Opt for funds with low expense ratios to maximize returns" "Invest in funds with guaranteed returns"