Dream Big Book Review | Dr. Mukesh Jindal & Arunraj VS
Dream Big
Pages: 233
“Dream Big”
is a self help book for people who are new and for people who are hesitant in
investing in mutual funds. The book highlights the importance of financial
planning and the advantages of investing early. Its gives us the details of
various types of mutual funds and tells us how myths are created by people
about mutual funds. The author goes ahead and shows us with examples how the
myths created are wrong and that mutual fund is of each and everybody who is
willing to make an entry in the mutual funds world can do so with a minimum
corpus of Rs. 500. The author has even highlighted the problems with today’s
youth how they live in the moment with credit card along their side and how
they end up in the vicious circle of credit cards and their billing cycle. The
author has not only shown us the problems but also gives us the alternate if
the youth is careful with their spending habits and also gives us the
perspective of with savings and without savings for the future.
The author
has further explained the future value of the current amount in hand and
inflation. The author has given examples to make a point to the readers and
explained how keeping money in the bank is not sufficient as the returns that a
person gets from savings account is not sufficient to beat the current rate of
inflation and how taking a little risk and investing in mutual funds can help
you to get higher returns and in turn somehow beat the current rate of
inflation as the value of money keeps on changing. The author also explains
that if a person has to keep his current lifestyle it is very important for him
to save his money intelligently and in a scheme/plan which will yield him
higher rate of interest.
The book not
only emphasizes on mutual fund but also enlightens the reader about insurance, financial
planning, legacy planning. The book is written in a very simple language which
makes it a perfect read for novices. It lays forward all the options available
to the investor hence enabling the investor to choose the right plan according
to his needs.
I would
refer this book to everybody who is looking forward to save some of his hard
earned money and is totally new to mutual funds and other options available in
the market and also to somebody who is already investing but doesn’t have
detailed knowledge about how the financial market works.
MY RATING:
5/5 Stars
Disclaimer: This Book
Review is a part of The Readers Cosmos Book Review Program and Book Promotions.
To know more log on to http://thereaderscosmos.blogspot.in/.
Comments
Post a Comment