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Why selling mutual funds for cash may hurt long-term wealth
Experts caution against selling funds for liquidity, highlighting LAMF as a better alternative.
Selling mutual funds to meet short term cash needs can interrupt compounding and lock in losses. Financial planners recommend loan against mutual funds as a liquidity alternative. Using platforms investors borrow against existing holdings while staying invested, preserving long term wealth goals and avoiding capital gains tax or exit costs during temporary financial pressures without selling assets during volatile market conditions for investors.Apply Now