Making money is a very interesting subject for all of us. We want to make huge sums of money in the least amount of time. Therefore we fall into get rich quick schemes, buy a membership to pyramid schemes, invest in relatives risky business ideas, and often lose money. 

My personal experience tells me that don’t fall for something which looks too good to be true and a sure-shot way of making money is to invest in a long team. Then that endures can be stocks, mutual funds, real estate property, cryptocurrency, etc.

Here are some reasons why you should consider investing in long-term:

1. It's easy and anyone can do it: Elders always guide us to invest in farmland and gold. These were the only options available at their time. You on the other hand have various options. You have to select the option which is most suitable for your needs. Apart from the traditional options, you can invest your money in stocks, bonds, startups. If you are a working individual select stocks that provide good returns in the long run. Select companies which have good values and are working in the market for a long period of time.
2. Compounding will work in your favor: Consider this example, you invest ₹10000 with a 10% compounding interest rate for a period of 5 years and you keep on adding ₹1000 to this account monthly. You will have ₹94,535 in your account after 5 years.
3. You'll have you pay less tax: Short-term capital gains are taxed at 15% whereas long-term capital gains are taxed at 10%. Furthermore, if the gains are under ₹1 lakh then there is no need to pay tax on this income.
4. You can sleep peacefully at night: If you were trying to earn money in the short term with malicious means. You need to be on your toes all the time and watch your back in order to see if anyone is there to catch you. When you invest in proper channels and know that your money is safe and not going to disappear tomorrow, you can rest easy.

If you want to increase your wealth, be smart and invest in assets that will increase in value. Don't spend money on wasteful things. Also, be consistent in saving and investing your hard-earned money. So that your money will work for you instead of you working to make more money.