Best Book to Learn All About Systematic Investment Plan (SIP)
When you invest in an equity mutual fund, you invest in revenue generating companies that have the potential to generate wealth on a long term. Time and again, it has proved that equity has outclassed every form of investment, be it realty, gold or fixed deposits, by a huge margin.
Investing in equity markets directly is not everyone’s cup of tea, because it is risky, involving time, money and in-depth knowledge. All of these challenges are nipped in the bud when you invest in equity markets through a mutual fund. Mutual funds are professionally managed by AMCs (Asset Management Companies) which comprises market analysts and fund managers who pick the right stocks for you, by judging each of them across various parameters and criteria.
The safest, smartest and the most disciplined way to invest in a mutual is through SIP (Systematic Investment Planning). It is a hassle-free mode for investing money in which a certain pre-determined amount if auto-debited at regular intervals (monthly, weekly, quarterly; etc). Systematic Investment Planning is a planned approach towards investment, which helps you inculcate the habit of disciplined savings, while paving the road to wealth for the future.
SIP is the key to unlock the riches, provided you make disciplined investments. The book ‘Dream Big’ unravels the magic of this success principle that has transformed the lives of many people.
We see how Vaibhav, once my driver, is now in charge of his financial destiny. He not only has his flourishing own taxi-service business; he is also in good stead to own his a blue colored Mercedes Benz. There are many people like him, who keep wishing but this man had the tenacity and disciplined attitude to pursue his dream. Irrespective of his limited means, he kept on investing in mutual funds through SIP for ten years, and now he has reached a position that others would admire and envy. If he can do it, so can you? Find out how to harness the power of wealth creation through SIP.
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