Thanks Twinks for sparing time to read it.

great stuff..quite impressing..

Patience pays in the long term
Aparent gives his/her child the time to grow through the years. At the time of buying a house, one takes a home loan and is willing to pay the EMIs for 15-20 years, again a long-term approach. A sapling takes years of care to grow into a tree.
However, people who are otherwise patient are often not willing to give time to their money to grow, slowly and steadily, over several years. They are in a hurry to trade on the next tip and aim to double their money overnight. It’s a trait that often leads to disastrous consequences, including near-complete losses.
Financial advisors and planners always advise their clients against such temptations of buying on hot tips. They also advise clients to focus on the long term and not give too much importance to short-term gyrations, and also to stay away from extremely low-priced stocks, commonly called penny stocks. What they profess is to pick up the future winners among the large number of stocks which are regularly traded. Unfortunately, most retail investors do not have the expertise to execute such a plan.
An alternative approach for retail investors is to invest in some select equity schemes of good mutual fund houses. One of the benefits of long-term investing is to have time on your side, which in turn kicks in the power of compounding. For example, data from the website of Value Research shows that over the last 10 years, some funds have grown their investors’ money as much as 17 times. And there are about 25 schemes that have given a growth of 10 times or more during the same period, the data showed.
Mutual fund investors can also opt for dividend income. Usually better performing schemes, in their dividend option plans, go for regular payouts, which is tax free in the hands of the investors.