SShortSingh.
TopTechnologyAI & MLStartupsProgrammingScienceBusinessFinanceCrypto & Web3World
Back to feed
India

Loan vs Breaking SIP in Emergencies: What the Numbers Say

0
·1 views

When facing a financial emergency, individuals often must choose between taking a loan or liquidating their SIP investments. Financial experts say the decision hinges on three key factors: the cost of borrowing, one's ability to repay, and the long-term effect on investment growth. Breaking a SIP early can disrupt the power of compounding, potentially reducing future wealth. On the other hand, high-interest loans can create a debt burden that outweighs the benefits of staying invested. Experts recommend evaluating both options carefully based on personal financial circumstances before making a decision.

Read the full story at NDTV

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
IndiaTimes of India ·

Glasgow restaurant deletes Instagram account after boxer Lovlina flags map error

A Glasgow restaurant deleted its Instagram account following backlash over a map of India printed on its napkins that omitted the Northeast region. Olympic boxing medallist Lovlina Borgohain brought the error to public attention, prompting swift action from the establishment. The restaurant issued a formal apology and pledged to correct its logo immediately. Boxing Federation of India president confirmed the dispute was resolved amicably. The restaurant is known for regularly hosting visiting sports teams and dignitaries.

0 comments Read more at Times of India
0
IndiaTimes of India ·

Gold prices show stabilisation signs after prolonged correction phase

Gold prices appear to be stabilising following an extended period of correction, according to market analysts. Manav Modi, Senior Analyst for Commodity Research at Motilal Oswal Financial Services Ltd, shared this outlook on current gold market trends. The analysis suggests the precious metal may be finding its footing after recent downward pressure. Investors and traders are closely watching whether gold can sustain and build on any upward momentum from this point.

0 comments Read more at Times of India
0
IndiaTimes of India ·

Chhattisgarh HC: Foreigners Cannot Claim Government Land via Writ Petitions

The Chhattisgarh High Court dismissed writ petitions filed by Bangladeshi refugees who were seeking protection from eviction from government land. The court ruled that foreigners cannot assert rights over state property without a valid legal entitlement. Although the petitioners argued they had occupied the land for more than six decades, the court rejected this as grounds for legal protection. Citing Supreme Court precedents on unauthorized occupation, the bench clarified that prolonged possession does not confer any legal rights over government property.

0 comments Read more at Times of India
0
IndiaTimes of India ·

Ghaziabad psychiatrist, 40, dies by suicide after battling depression post-divorce

Dr. Hemika Agrawal, a 40-year-old psychiatrist, died by suicide in Ghaziabad on Sunday. She reportedly jumped from her fifth-floor apartment and was subsequently declared dead at a hospital. Agrawal had been experiencing depression and emotional distress following her divorce. Local police have launched an investigation into the circumstances of her death.

0 comments Read more at Times of India
Loan vs Breaking SIP in Emergencies: What the Numbers Say · ShortSingh