Comments on: Stop! 5 Reasons Not to Touch That 401k https://www.evilhrlady.org/2010/08/stop-5-reasons-not-to-touch-that-401k.html Everything to make HR better Mon, 23 Aug 2010 18:03:09 +0000 hourly 1 https://wordpress.org/?v=7.1.4 By: Anonymous https://www.evilhrlady.org/2010/08/stop-5-reasons-not-to-touch-that-401k.html#comment-5735 Mon, 23 Aug 2010 18:03:09 +0000 http://localhost/wordpress/2010/08/stop-5-reasons-not-to-touch-that-401k.html#comment-5735 Sorry Joe, I can't resist. The concept of "making" money by paying yourself interest is extremely funny.

This is a wonderful concept. I'm going to the bank right now to withdraw all the money I can to stuff into my wallet.

I'll make a FORTUNE!

If you're not comfortable with market volatility, that's fine. Go to cash and sit it out. But don't play shell games with yourself and pretend to be "making" money.

]]> By: Joe Fox https://www.evilhrlady.org/2010/08/stop-5-reasons-not-to-touch-that-401k.html#comment-5734 Mon, 23 Aug 2010 13:47:34 +0000 http://localhost/wordpress/2010/08/stop-5-reasons-not-to-touch-that-401k.html#comment-5734 I agree with many of your points — but one point to make is that I'm making more money on my loans (4% interest) paying myself than I was making from the market during late 2009 and 2010 thus far. My return hasn't been very positive. At least with the loans, I know I'm putting 4% more back in my pocket.

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