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.
“Choosing to use money differently can make a big difference. For example, if someone invested the amount they would spend on an iPhone, say Rs 1,50,000, for three years through a monthly SIP of around Rs 4,100, and assuming an average mutual fund return of 12%, the investment could grow to about Rs 1,76,600, generating returns of nearly Rs 29,000,” said Trivesh.
He added that the more expensive the gadget, the higher the potential returns from investing that amount. “If one considered a high-end model costing around Rs 2,30,000 and invested that amount instead, the gains could be approximately Rs 45,300 over the same period,” he said.
WHY INVESTING MAKES MORE SENSE
According to Trivesh, spending on premium gadgets or luxuries may offer short-term satisfaction, but investments offer long-term value. “Be it a premium gadget, a lavish vacation, or yet another indulgence, the fact remains that every rupee spent is a rupee not invested. While the charm of owning the latest device is undeniable, the financial cost goes beyond the quoted price. Investments, on the other hand, provide long-term rewards, ensure preparedness for life’s uncertainties, and help achieve financial milestones without stress,” he explained.
He suggested that those looking to start small can consider investing through diversified mutual fund categories such as flexi-cap or multi-cap funds. “Such funds allow managers to invest across large, mid, and small-cap companies depending on market conditions. This flexibility helps capture growth even in volatile markets,” Trivesh said.
He also mentioned that aggressive hybrid funds could be another option for balanced investors. “Aggressive hybrid funds mix equity and debt, offering a balanced strategy. Investors can benefit from the potential upside in equities and stability from the debt portion,” he said.
INSTANT GRATIFICATION OR LONG-TERM GROWTH
Trivesh said that deciding between spending and investing is not about right or wrong—it depends on personal priorities. “It might be worth it if that new smartphone genuinely improves your life or productivity. However, SIPs or stock investments remain the better choice if your goal is long-term wealth creation and financial security,” he said.
He concluded with a reminder: “It ultimately comes down to your priorities and focus. Which do you prefer—long-term financial growth or immediate gratification? The choices you make today will decide your tomorrow. So before making that big payment, ask yourself whether it’s an investment or just another lifestyle expense.”
(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)
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