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401k withdrawals
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<blockquote data-quote="spif91" data-source="post: 547147" data-attributes="member: 13366"><p>Just my 2cents worth....borrowed 5000 for my sons 2 year of college last year. Set it up on 52 payments. They took 81.57 out of my check each week. At 9.25 I made 765 dollars paying myself back in interest. Don't know if I would have made that last year on that 5000 without putting a pencil to it. My balanced fund or s&p didn't make 9.25% much of last year....</p></blockquote><p></p>
[QUOTE="spif91, post: 547147, member: 13366"] Just my 2cents worth....borrowed 5000 for my sons 2 year of college last year. Set it up on 52 payments. They took 81.57 out of my check each week. At 9.25 I made 765 dollars paying myself back in interest. Don't know if I would have made that last year on that 5000 without putting a pencil to it. My balanced fund or s&p didn't make 9.25% much of last year.... [/QUOTE]
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