it is always advisable not to invest anywhere from borrowed money. always invest from ur saving after doing proper planning keep in mind the long horizon and requirement.....if ur job is not secure or permanent donot take any loan so that later on u can't pay the EMI.BUT YES IF UR ON RENT AND WANT TO BUY A HOUSE CALCULATE UR INCOME,WATCH UR SAVINGS AND THAN PLAN FOR EMI. BUT FIRST HAVE SOME EMERGENCY FUND SO THAT IF U WOULD NOT PAY UR EMI DUE TO ANY REASON LIKE JOB LOSS OR ANYTHING U WOULD ABLE TO PAY FROM THAT FUND.....NEVER TAKE ANY CASUAL APPROACH SO THAT U WILL BE A DEFAULTER OR UR CREDIT RATING WILL DOWM AT CRISIL.IT IS ALWAYS BETTER TO MAKE EVERYTHING SIMPLE AND LEARN TO BE LITTLE CONTENT RATHER THAN BEING CALLED AS DEFAULTER.
Its such a misnomer, contrary to the article, you should always borrow to invest not to consume. So never borrow to buy a car, but borrow to buy a house (one is consumption, the other is investment).
Investment will always bring returns, consumption goes down the drain. Wealth is created out of investment, salaries are gone to support lifestyles.
