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Taking $ out of Mutual Funds?
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Boone & Crockett
Posted 1/28/2019 11:57 (#7278860 - in reply to #7278833)
Subject: RE: Taking $ out of Mutual Funds?


Dan Loehr - 1/28/2019 11:44

FWIW 10 year fixed loan 5.25%
BUT I don't really want to risk stocks taking a huge hit?

Edit as I said NON IRA funds

Dan
Dan, IMO, since you’re age 65, the days of you needing to be chasing the higher risk/reward deals should now be in the rear view mirror. The odds are greatly against you to overcome and recover your position in the event of a major correction, vs the guaranteed returns of 5.25% compounded, which is what you will technically be receiving by in essence, loaning yourself the cash. Couldn’t ask for a better borrower, YOURSELF.

Edited by Boone & Crockett 1/28/2019 14:23
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