Diego Mallqui warns Latin Americans of hidden costs of delayed investment

Financial experts underline that the length of time money remains invested is the decisive factor for wealth building. Gregorio Moreno, a specialist in Ecuador, explains that compound interest adds returns to the capital, allowing investments to grow faster than simple interest – for example, USD 1,000 at 10% yields about USD 1,610 after five years with compounding versus USD 1,500 with simple interest.

Diego Mallqui, CEO of Finniu, points out an "invisible cost" when savings sit idle, estimating that 63.9% of adults in the region already have a savings product but delay moving it into investments. He identifies three common behavioral barriers: the belief that large capital or expertise is required, waiting for a perfect economic moment, and failing to make investing a habit. Both experts recommend setting clear goals, making regular, affordable contributions, and keeping returns reinvested to maximise the compounding effect.