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What to Do with an Active 401k
In general, I’m not a fan of the 401k. Although they are increasingly rare, I do think that a company match is a good reason to continue contributing to a 401k. If you find yourself in this position, you may want to consider taking a loan from your 401k to invest in performing assets.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals….(read more)
LEARN MORE ABOUT: 401k Plans
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wow just watched your other videos. You really dont know anything about finance.
Now on the other hand, if he has many millions of dollars and he is still living a fun lavish life and he just wants to invest some of his spare cash for the fun of it, then OK that makes sense
No offense but investing is smart when you’re 20, 30 and 40. If you’re 70 years old and still trying to invest instead of enjoy life, then you missed the entire point of life. You can’t bring the money with you, hombre!