With the stock market fluctuations, is now NOT a good time to payoff the balance of my 401k loan?
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401k loan payoff
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 trobertsforcm9 |
401k loan payoff |
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Posts: 1 (03/14/08 16:12:14) |
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401khelpcenter |
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Posts: 347 (04/15/08 07:23:28) |
How the stock market is doing really has little relevance regarding whether or not it would be wise to pay off a 401(k) loan. But once you pay off the loan,
how you have the cash allocated or invested can be influenced by current market conditions. These are decisions only you can make. If you want to pay off a
401k loan and are uncomfortable with the current market, then have the cash from the loan payoff invested in a non-stock market fund (bonds, stable asset,
money market, etc.).
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