Quote:
Originally Posted by Casey2296
I was using Leons 35K example, it would get you a 1914 CJ Cobb if you want one and you're not paying interest to anybody but yourself. If you think the Cobb is worth more in 5 years than it is now and will appreciate at a faster clip than you 401K investments then it might pencil out. If you have $400K in your 401K and you want 9% of your assets in sports cards and you wanna take a gamble then it might make sense. And that's a big might.
|
Keep in mind that the portion of your retirement account that is loaned out to you is also not growing when it's loaned out to you, other than the interest that you're paying yourself, which is usually pretty low. If the market goes nuts during that window, then you miss out.