Thread: 401K Question
View Single Post
MRM MRM is offline
Registered
 
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
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.
__________________
MRM 1994 Carrera
Old 02-12-2008, 07:25 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #17 (permalink)