New Delhi, June 1 -- Do you aspire to build long-term wealth? Do you know that building long-term wealth does not always require a large or humongous investment? With devotion, discipline, patience and the power of compounding, even a modest-looking monthly Systematic Investment Plan (SIP) can potentially create a sizeable corpus over time.

To make this idea a reality, the 8-4-3 rule has emerged as a simple yet effective framework that can help aspiring investors understand how time can multiply wealth. For those looking to start their investment journey, this strategy highlights the importance of beginning early and how it can be more important than investing larger sums later.

The basic thesis of such formulas is to emphasize the role...