i was talking to my daughter the other day about taking out a loan - TopicsExpress

i was talking to my daughter the other day about taking out a loan from my retirement plan and payoff the student loans, and also the car and boat loans. i was already on the phone earlier this morning processing the loan application when i thought of something. while it is a great idea to payoff these loans with 6% - 8% interest rates, with a basically interest-free loan from my retirement plan; it may not be a great idea to take out a good chunk from the retirement plan when the stock market is doing good . . . of course, as it is always written in a prospectus, past performance does not guarantee future performance . . . because in a blink of an eye, if obama and putin decide to escalate the bullshit, or the too-big-too-fails decide to throw a hissy fit, we once again take an economic bungee jump . . . i bet you bill gates does not have this problem . . .

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