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SVTPerformance's Chain of Restaurants
Road Side Pub
Returning to the car world
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<blockquote data-quote="ElscottHavoc" data-source="post: 13723844" data-attributes="member: 93145"><p>Just to clarify, you're not just cashing out from your 401k, but borrowing at 4.xx% from your 401k. So you'll be paying yourself back plus interest? </p><p></p><p>If that's the case, then yeah, that's a wise decision because you can make more on the money invested somewhere else if you really want the vehicles. Beats paying bank interest rates so long as there isn't any fees for borrowing from 401k from this.</p><p></p><p> <em>Posted via <a href="http://topify.com" target="_blank"><strong>Topify</strong></a> on Android</em></p></blockquote><p></p>
[QUOTE="ElscottHavoc, post: 13723844, member: 93145"] Just to clarify, you're not just cashing out from your 401k, but borrowing at 4.xx% from your 401k. So you'll be paying yourself back plus interest? If that's the case, then yeah, that's a wise decision because you can make more on the money invested somewhere else if you really want the vehicles. Beats paying bank interest rates so long as there isn't any fees for borrowing from 401k from this. [i]Posted via [URL="http://topify.com"][b]Topify[/b][/URL] on Android[/i] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Returning to the car world
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