Financing question
We are purchasing a new MH in May. We would like to finance the purchase to preserve invested funds. Our choices: 1) home equity line credit (potential for increase in rate over time) 2) comme...
Forum Discussion
Are your funds set up so that you can loan the money to yourself, so that you pay back the interest to yourself? E.G. I can still choose to borrow from my 401K, rather than take distributions.
Not that it makes much difference once we are retired. Every cent going to pay principle and interest on the loan ultimately comes out of my retirement savings and their earnings, and all the depreciation represents principle lost forever. Sort of keeps me from buying things I don't really need, even if I want them and know I can afford them.
Not that it makes much difference once we are retired. Every cent going to pay principle and interest on the loan ultimately comes out of my retirement savings and their earnings, and all the depreciation represents principle lost forever. Sort of keeps me from buying things I don't really need, even if I want them and know I can afford them.
