The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Borrowing from 401k for home down payment, is this dumb?
Poast new message in this thread
Date: March 18th, 2018 3:47 PM Author: Supple chestnut theater stage hissy fit (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35632194) |
Date: March 18th, 2018 3:48 PM Author: Stimulating cuck hospital enjoy being charged interest for using "your" money (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35632200) |
 |
Date: March 18th, 2018 3:49 PM Author: Marvelous place of business interest that you yourself receive, without tax? oh what usury (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35632205) |
|
Date: March 18th, 2018 3:50 PM Author: Thriller autistic mother indian lodge (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35632212) |
|
Date: March 18th, 2018 3:52 PM Author: Supple chestnut theater stage hissy fit So what I’ve read about both principal and interest repayments all going back in you account is fraud lies? (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35632228) |
|
Date: March 18th, 2018 3:50 PM Author: floppy piazza gaping Extract as much cash from fraud-oh-one-kay as possible, permanently (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35632208) |
|
Date: March 18th, 2018 3:50 PM Author: glittery cyan location son of senegal not necessarily. (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35632214) |
|
Date: March 18th, 2018 3:51 PM Author: Thriller autistic mother indian lodge yeah i dont think this is a bad idea. otherwise you are borrowing from someone else and paying them interest. (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35632223) |
|
Date: March 18th, 2018 3:53 PM Author: Supple chestnut theater stage hissy fit Ok thank. First poaster seems ill informed (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35632234) |
|
Date: March 18th, 2018 3:54 PM Author: hyperventilating cobalt school Maybe not dumb, but definitely overleveraged. The articles saying not to take 401k loans are alarmist tripe, but if you don't have an extremely stable job and a nice monthly cushion after you make the 401k payment and house payment I wouldn't do it. Don't forget that you'll want to furnish the house too, and there will always be shit you find after living in it that needs fixing (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35632243) |
|
Date: March 18th, 2018 4:01 PM Author: contagious weed whacker hall meh, if you're really that fucked, your income will be low enough that the tax penalty is NBD especially if you're in a high bracket
keep in mind the average BOOMER has like $15k when they retire
if you're well enough to travel, etc. whatever you imagine yourself doing with the money, you're well enough to work |
|
Date: March 18th, 2018 4:31 PM Author: hyperventilating cobalt school This post is completely incoherent. (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35632442) |
|
Date: March 18th, 2018 8:28 PM Author: Jet doctorate I did it and lost my job roughly 3 months after. That sucked. But I was able to scrape together the funds to repay it on time. Now, four years later the return on my investment is like 300% and there's no way I'd be able to afford a place in my neighborhood at the current values. So i basically had the worst case scenario happen to me and it still worked out in the end. (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35633918) |
|
Date: March 18th, 2018 8:30 PM Author: aromatic blathering alpha Yeah well OP will be underwater in 4 years (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35633929) |
|
Date: March 18th, 2018 8:59 PM Author: Jet doctorate Oh for real (http://www.autoadmit.com/thread.php?thread_id=3922132&forum_id=2#35634135) |