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To: Libloather
Maybe my plan is atypical, but I can borrow against my 401(k) and pay it back, with interest, to myself.
4 posted on 11/07/2008 5:47:59 PM PST by Bobarian (Green: It's the new Red.)
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To: Bobarian
Maybe my plan is atypical, but I can borrow against my 401(k) and pay it back, with interest, to myself.

Or you can cash out and keep the RATS from getting it all.

5 posted on 11/07/2008 5:51:18 PM PST by Libloather (November is Liberal, Leftist, Marxist Awareness Month.)
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To: Bobarian

“...I can borrow against my 401(k) and pay it back...”
- - -
Mine too, but most of the financial advisors are dead-set against the idea,
but after a financial mess, it seemed like the right thing for me to do.
So 2 1/2 years ago, I borrowed a tidy sum from myself on a 3 year pay back
at 8 1/2% interest and I am nearly done paying it back in.
But the way my luck runs, just as soon as I think I have a little something set aside,
some unexpected expense pops up from out of nowhere and spoils my plans.
Been that way all my life.
I must have bad karma from something terrible I did in a former life.


6 posted on 11/07/2008 6:03:37 PM PST by Repeal The 17th
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