How to become rich, Sept. 6 -- Investing in stocks is like investing in a business. According to ace American investor Charlie Munger, money is not in buying and selling stocks, but in waiting. The Vice President of Berkshire Hathaway believes in holding a stock as long as possible, as this stock market strategy enables an investor to create wealth instead of incurring losses. By suggesting stock investment for the long-term, the American businessman also conveyed that wealth creation is in the cash segment, not in F&O trading. However, if a cash market investor uses an F&O trick when choosing short-term stock in the cash segment, market experts believe one can make double-digit monthly gains.

According to stock market experts, looking a...