_*Sunday ki Pathashala*_
_Knowledge is Power_
*_Financial Literacy Series_*
11-June-2023
EMI is an Expensive Promise - *Understanding Loan from Another Perspective*
*1)* Imagine a company Guaranteeing Dividends for the Next 20 years on the day of its launch.
*2)* Basically this company is assuming that it will certainly make profits for next 20 years. How probable is that?
*3)* Imagine Shubhman Gill after a successful IPL signs a contract where he guarantees good performance for the next 20 years. How probable is that?
*4)* Imagine a husband who on the day of his marriage guarantees his wife that he will never have a fight with her for the next 20 years. How probable is that?
*5)* Imagine a man promising a girl that he will return after 20 years to marry her. How probable is that?
_*In an uncertain and disruptive world these kinds of promises Promise just one thing. And that word is "Risk"*_
However, this is exactly what people do day in a day out when they take Home Loans or Any other unnecessary Loans...
They promise EMI for the next 20 years without thinking about the Risk of Disruption Even Once.
-Dharmendra Satapathy.
A small Request: - *"Do Not take unnecessary Loans, And Create Burden of EMI."*
Mutual Fund investment are subject to Market Risk. *Consult Your Financial Advisor (Wealth Doctor) before Investing & Regularly for Portfolio Check up...*
_"Sunday Ki Pathashala"_ is initiative by: -
_*Hitesh R. Pujara.*_
_*Baroda BNP Paribas Mutual Fund*_
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