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Plan for surviving a job loss: #3 Do not stop your Equity Mutual Fund

Plan for surviving a job loss: #3 Do not stop your Equity Mutual Fund

Saturday, May 20, 2017, 6:09 PM

You may be tempted to stop your Equity Mutual Fund SIP's in a layoff. Stopping SIP's of equity mutual funds in a layoff can affect your financial-goals. If you have enough money to manage household expenses for the next 3-6 months, you must keep your SIP's running. Take a look at your financial-situation. If your spouse is earning, you can easily continue your SIP's.
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