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My 401K has very few good options for investing. I was thinking of taking a loan from my 401K of $12000.00 and investing in a Roth IRA. Depositing $6000.00 for 2011 and $6000.00 for 2012 (I am over 50 y/o). The interest for the loan would be 4% which will go into my own 401k account. The $12000.00 could be invested in better choices. What do you think are the advantages and/or disadvantages of doing this?

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