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hi


You are replying to:
ubuck1
Posted 10/19/2006 12:52 AM (#215662 - in reply to #214945)
Subject: RE: Boat loan?




Posts: 21


Tapping your 401k for a boat????

Not a good idea. You're losing the money you can make on the principle. In the past few years, if you have a good investment, that can be in excess of 20%.

If you can't get a home equity loan, take out the boat loan at 8.5%

Better yet, save some $$ and pay cash.

Ubuck

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