How to become rich

• Start investing early.
• Do not touch the amount for a long time.
• Do not keep jumping from one investment instrument to another.
• Let the power of compounding work for you. It would have worked for your grand-dad, dad and you. If they knew it, great. If they did not, you can start the line. At least your grandchild will praise you for it.
• To see what it would have become over 500 years is fantasy. What it could have become over 150 is Ratan Tata
• Get cracking The key is to make your money work for you.  Keeping your money in a savings bank account will not earn you that kind of interest. Despite occasional rises, interest rates in India  are on a gradual decline.
  
  
  So, let your money work for you. Amongst fixed return investments, the Public Provident Fund is a good option; it offers 8% per annum.
  The younger you are, the more you should invest in stocks because time is on your side to ride the lows of the stock market. Over time, stocks give the highest return when compared to other forms of investment.