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To: E. Graphs who wrote (73554)3/29/2001 1:25:14 PM
From: Logain Ablar  Read Replies (2) | Respond to of 99985
 
E:

I'm pretty sure you can only tap a 401k plan for a house, education or medical reasons.



To: E. Graphs who wrote (73554)3/29/2001 9:51:33 PM
From: tigerman77  Respond to of 99985
 
about 2 years ago i tapped a loan on my 401k because i thought i needed it on stocks...greed make more money...well i lost 10% but the loan pays me 8% back into my 401k and i'm making 4.5% in a money market fund at schwab...plain dumb luck but i feel very lucky....also bought my mom a new avalon and 2 new lexus at the peak of the naz bubble....for awhile i was hating life thinking how much more money i could have made now...i'm glad....the golden days seem to be over and i don't believe we will ever witness such a ponzi scheem again.....tiger