New Delhi, March 15 -- Investing in stocks is like investing in a business. Like company promoters, who own many shares of the company's total paid-up capital, a retail investor should stick with one's conviction and hold stock in one's portfolio as long as possible. This helps a long-term investor reap compounding benefits, which leads to wealth creation.

To understand how a long-term investor benefits and creates wealth instead of just pocketing gains on one's investment, one needs to look at the journey of TCPL Packaging. After the firm sell-off post-dot com bubble bust, TCPL Packaging's share price slipped below Rs.10. On 13 March 2002, TCPL Packaging's share price ended at Rs.7.95 apiece on the BSE. If someone had done bottom fishin...