No. of Recommendations: 5
jeffbrig,

I agree with the overall meaning of your post, but the engineer in me has to pick a nit. You said: I wish I'd had the foresight to borrow $100k (or more) from mine back in August 2008.

You don't have to borrow money to insulate yourself from a bear market. Most 401(k)'s have a fixed income option that is essentially just a savings account with crazy-low interest rates. So, you could just transfer money to that account rather than a stock mutual fund and insulate yourself without the hassle of borrowing from your account, and then repaying it.

-Agg97
engineering neurotic
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