The newly launched iPhone 17 Pro Max has once again sparked debate on spending versus investing. Priced at around Rs 1,50,000 for the 256 GB version, the phone remains one of the costliest gadgets in the market.
For many, the easiest way to own it is through monthly instalments (EMIs). But what if instead of buying the phone, one decided to invest that same amount every month?
A simple calculation shows that this small change could make a real difference to your savings.
INVESTING INSTEAD OF BUYING
If a buyer converts the iPhone 17 Pro’s price into a 36-month EMI plan, it roughly comes to Rs 4,200 per month. Trivesh D, Chief Operating Officer at Tradejini, said that investing this money through a Systematic Investment Plan (SIP) instead could lead to a significant gain over time.
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