Taking money out of retirement funds to purchase cards

[Leon]

Originally Posted by Peter_Spaeth

It's not necessarily crazy. How has the 311 done compared to the S and P 500? Maybe it makes sense to diversify for some people.

I act as if my cards ARE part of my retirement. For me, it's all about diversifying. I have quite a bit into cards but it's not a double digit percentage, or barely one, of my net worth. Everyone has a unique financial situation but having some of your money into cards isn't a bad thing.

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[Fuddjcal]

Originally Posted by Leon

I act as if my cards ARE part of my retirement. For me, it's all about diversifying. I have quite a bit into cards but it's not a double digit percentage, or barely one, of my net worth. Everyone has a unique financial situation but having some of your money into cards isn't a bad thing.

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1 thing to "invest " in the cards that you do, in lieu of funding the 401K or roth.
However, once in your retirement accounts, it's shouldn't be coming out until retirement. Also another thing to have a good portion in cash, within the account. Paying 30% taxes to withdrawal is for idiots. Dollar cost AVG never hurt anyone