Paying 8% to yourself in your 401K and paying 8% on your mortgage. Paying off two loans and eliminating any possiblity of growth on the 401K loan amount.It looks to me like he is getting 8% growth on the 401(k) loan, unlike the 30% loss an index investment achieved the past 12 months.I am not advocating 401(k) loans, but in this case the "eliminating any possibility of growth" is growing 8%!
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra