Subj : Re: Y'all or Ya'll?
To   : MRO
From : Gamgee
Date : Tue Jul 25 2023 07:54 am

-=> MRO wrote to The Lizard Master <=-

MR>   Re: Re: Y'all or Ya'll?
MR>   By: The Lizard Master to MRO on Mon Jul 24 2023 01:07 pm

>  > Maybe you don't really know a lot of people?  I've worked with people
>  > that did 401k loans for vacations.

> Yikes!

MR> whats wrong with that? you just pay it back.
MR> you're paying it back to yourself.

Apparently you don't understand much about investing.  Even the easy
parts like how interest accrues over time, and that reducing the
principal has a large effect on the total value that it will be worth in
20-30 years, even if you do "pay it back", which often/usually doesn't
happen.  You lose money in the end.


... The world is full of surprises, very few of which are pleasant.
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