Message Font: Serif | Sans-Serif
 
No. of Recommendations: 2
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.

Fuskie
Who would only advocate borrowing off your 401k as a very last resort...
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement