Living in the "Now" is starting to look like a better idea.

For me it does anyways..... Now I'm not talking about extreme measures taken here, but making a slight transistion none the less. Being a naturally born US citizen, I'm familar with how the stock market plays a part in everyone's life rather they're aware of it or not. Currently the market is affecting my 401K investment plan in a negative aspect. Now this is the key component, some might suggest, for me to save for my furture right? I feel that statement is soon to change.

My 401k took a hit this week, and I'm not exactally sure which world event lead to this change, but it happened. Silver has also taken it's first hit since it's value has skyrockted this year. So I've decided to take a little loan (less than $2000) out on my 401K. I've decided to use this money to buy a dirtbike, a "toy" for me.

Now some might be saying "No! This is a stupid move!", but I see it differently. I'm sure some are saying "Right On!" too. I honestly don't have a "solid gut" feeling about the US economy right now or in the next 2 years (which is the amount of time it will take to pay back the loan), and this is what gave me the idea in the first place.

Be love.

TWBU

reply to post by TheyWontBelieveU


I'm in the "Right On!" crowd.

Might as well enjoy what you have, at whatever level you can.

Just don't break your self!

reply to post by TheyWontBelieveU




Personally i think your mad taking out a loan and paying it back over a 2 year period when you could quite easily pay for your toy all in one go and keep the interest you are going to be paying from the loan. Sorry.


Icanseeatoms.

reply to post by TheyWontBelieveU


yeah dude.. forget the "future"
That doesn't exist yet...

However, it's looking like 2012 is real
IDK why I'm a little bit excited, yet scared at the same time...
It's about time the world changed...
Now we're going to see REAL leaders emerge.. REAL heroes.. REAL people.. and REAL changes!!
NO MORE FAKE SH!T!!!

OBAMA's not changing things?
Here comes God...

reply to post by sixswornsermon


Thanks bro!

reply to post by Icanseeatoms


I can see your point, yet in this case, I'm paying interest to myself

reply to post by heavenlysouldier


I feel the same in a lot of ways, I really do.

reply to post by TheyWontBelieveU




Well in that case go cat go,


Icanseeatoms.

The paper work has been set "in motion" .... 1 to 2 business days away.... here's the bike if anyone's actually interested in that as well

Dirt Bike

reply to post by TheyWontBelieveU




Fair play to ya, have fun and enjoy but be safe.


Icanseeatoms.