http://www.whytheheck.com/2009/11/25/how-to-make-your-best-investment-opportunity-even-better/ Sun, 20 May 2012 12:53:10 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.whytheheck.com/2009/11/25/how-to-make-your-best-investment-opportunity-even-better/comment-page-1/#comment-929 Tooz Thu, 03 Dec 2009 18:12:21 +0000 http://www.thinkoob.com/?p=806#comment-929 Having changed employers within the last three years, I have more in my IRA than in my 401K... If I could move funds into my 401k from my IRA, I could take a loan, paying myself interest. Even better, a loan from my IRA would allow me to pay off my credit cards and pay myself interest instead of their loan-shark-like 22% (it was increased from 11% to 22% without any late or missed payments). How about adding that to your idea, Al? Having changed employers within the last three years, I have more in my IRA than in my 401K… If I could move funds into my 401k from my IRA, I could take a loan, paying myself interest.
Even better, a loan from my IRA would allow me to pay off my credit cards and pay myself interest instead of their loan-shark-like 22% (it was increased from 11% to 22% without any late or missed payments).
How about adding that to your idea, Al?

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