Given the uncertainty surrounding his job, Rohan must realistically assess whether it is possible for him to continue with the home loan. get out of real estate Investment can be a good idea to de-stress on his income. However, if Rohan can meet his EMI obligations for a few more months before selling, he should do so, as he can benefit from lower taxes on long-term capital gains on assets held for at least three years. Is. He can take loan from his father, sell mutual fund investments and take loan from PPF account to generate required money. Any premium that he generates on the sale of his apartment can be used to make investments that are appropriate for his current profile of income.

Rohan made the mistake of committing to a big, long-term and inflexible Investment before his income and savings became stagnant. At that stage of his career where there may still be income uncertainty, Rohan should consider only those investments that can be made from the actual income and savings projections. Short-term surge in income should be invested as and when it happens, and not committed in advance. The investment should be flexible so that it can take a pause in investing or even discontinue it when there is a decrease in income or savings. He should be able to do this without penalty, cancellation or impacting the value of investments already made. And if funds are needed to support his income, it should be possible to liquidate the investment easily. Going forward, he should evaluate whether he is considering an investment that meets these essential features until his income achieves a degree of assurance for him to plan for long-term fixed obligations such as real estate investments. Would do it

(Content on this page is courtesy of Center for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Aarti Bhargava and Labh Mehta.)