Instead of completely stopping mutual fund investments, investors can reduce their SIP or lump-sum amounts and diversify their portfolio to include safer assets like debt funds or gold.
Deciding whether to boost your SIP amount during a market decline is a frequent challenge encountered by investors. Various factors must be weighed, and the optimal decision hinges on your circumstances and risk tolerance.
Mutual fund SIP has become a popular tool for small retail investors to do small regular savings and get the benefit of higher returns from equity market. This facility empowers these small retail investors in a big way. However, the banking facility of ECS/NACH debit which allows automatic monthly deduction can turn this into a nightmare with very high bounce charges especially for small investors if they miss even one investment payment.
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Two financial options leveraging home equity: Reverse Mortgages for seniors (aged 60+) seeking steady income and Loan Against Property (LAP) for property owners of any age needing lump-sum funds, each carrying distinct features and implications.