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I had considered that but here is my counter: I would gladly pay Tuesday for a Cheeseburger today.

OK, Popeye, and what happens if you are short on cash and can't make the loan payment? What if you make a bad investment and loose your shirt or at least a sleeve or two? Just because you invest in a REIT or dividend stock/fund does not mean you will make money. If you do make money, your gains will all be taxed in the current year instead of being deferred to when you are in a lower tax bracket. The value of your 401k is in DCA investing, and when you reduce your assets for market speculation, that money is not working towards your retirement.

Who would only advocate borrowing off your 401k as a very last resort...
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