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68791 | One thing unmentioned in here is the tax consequences of what you are referring to.
The interest you would pay from a commercial bank would be deductible and would decrease the overall cost of that money.
The interest that you "pay back to yourself" from your 401k comes from your after tax pay. When you put that money in you got a tax deduction for it so when you take it out you will owe income tax against it. So you would be essentially getting double taxed on that.
Don't let your opinion about the market lead you to bad decisions. International funds have had a heck of a year in 2015 so far and I believe we will continue when we have a depreciation of the dollar they will get a big tailwind. So if you want to make a move increase your foreign allocation or your fixed income allocation.
Don't borrow but good for you being brave in asking in this forum. | |
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