Quote:
Originally Posted by MRM
Oh, and to buy my 911 in 2000 we borrowed against my wife's 401(k) again. When the market crashed a year later and the value of her 401(k) went down 40% or so, the money taken out to by the Carrera was safely out of the market and was being repaid with interest. So I paid for my car with pre-crash stock and paid back the fund with post-crash dollars as the market was rising again. Sometimes you just get lucky.
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I saw my 401k at idle mode. Right, wrong, or indifferent we borrowed against my 401k and bought acreage. We believe this was a lucky smart move given the prices and conditions today.
In one year, I will be done with the loan.