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Old 12-19-2008, 03:11 PM   #9
mikeinrichmond OP
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Joined: Sep 2008
Location: Richmond, Va
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Originally Posted by manganos
I'd reconsider that. Now that the stock price is low you are getting more shares for you $$$$ When/if the price goes up you have more shares to gain more money. Put the money back IMHO. I know a lot of people who have borrowed against their 401k because the 4 percent interest they are paying back is more then they would get by leaving it alone
I don't know how it works, I just keep getting the updates that my 401k is down 12.2% last quarter, 10% the previous etc...and until things start turning around I don't see a need to take more of my money each check right now when it keeps losing it.
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