Tue, 19 September 2017
Should you borrow against your 401k if you plan to repay with interest? Today I explain if one listener found a smart way to stuff money into his 401k.
September is already almost over and in just a few weeks another earnings season will come to an end. I kick today’s show off by responding to a couple of listeners emails. One listener asks if it is wise to invest money borrowed against their 401k intending to repay with the 5% interest. Did this listener find a genius way stuff more money into their 401k? Larry, who just discussed Roth IRA conversions with his CPA, is concerned the market is too high and is considering waiting for a correction. Should Larry wait to move forward with his plan? Other topics include:
Email your money question to firstname.lastname@example.org , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)
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