Research shows that 70% of millennials are not invested in the stock market, despite its proven ability to create wealth over long periods of time. One of the most common reasons millennials sit on the sidelines is the misconception that they need more money to get started.

That logic fails to consider the profound impact of compounding. Money invested today can start growing, and it can build on itself as time passes. So the most prudent course of action is to start putting money into the stock market as soon as possible, no matter how small the sum.

With that in mind, Palantir Technologies (NYSE: PLTR) and Adyen (OTC: ADYE.Y) have compelling growth prospects that make current valuations appear reasonable, and both stocks are widely accessible at less than $20 per share.

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Source Fool.com