Quote:
Originally Posted by Efferalgan
Focus on the income part of your P&L - change employer / move to other city/state/country if needed / work more/harder and then think about buying expensive toys  I would not buy a car (any car, even much more practical one) which cost more than 1/2 of your net annual income. Unless it is the ulitmate dream of your entire life. |
Quote:
Originally Posted by bdub85
My 401k isn't all stocks.... It's called diversification. Also, it's all about time in market. I'm not cashing out my 401k anytime soon.
|
not to mention the fact,that if you do,you will get the shit kicked out of ya in taxes,UNLESS ya can "draw" down the money in smaller amounts,say over 3,or 4 years to KEEP ya in a "lower" tax bracket..just thought i would throw that out there.