*Mutual Funds through { SIP (Systematic Investment Plan) & lump sum}

Its always best to invest for future compared to paying EMI. Personally I do not recommend for EMI if you are not able to pay at-least 40% down payment.

Simple logic is if you invest in SIP money, you will start accumulating fortune. At the same time if you pay EMI you will pay more than what you have taken out for loan.

Life style habits of this generation is making them debt driven even though they have decent income. To quote an example, people prefer going for a high tech phone instead of a phone which is more suitable for their needs. This increases the unreturned investment of more than 30% which could have been saved. More over due to the rapid change in the technology people are upgrading their phones once in ever 2 to 3 years. Credit card these days are allowing people to take phones on 100% EMI and charging 12 to 15% interest rates.

We see ealder people around us day in and day out, working for bread at the age of 60s and 70s. Hence, I always recommend people investing for future, it could be any thing, like childrens educational needs, retirement needs.

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