[quote=investor]Texasline. In re-reading my note, I owe you an apology…More to your point, when anyone “sees” the big picture, one is less likely to trust their retirement in a 401K and rather invest in investment real estate that cash flows.I’ve stopped putting my money into a simple IRA and I’m looking to get out of all debt…Not being able to get to your 401K money is just another reason not to use a 401 K as your retirement vehicle. Again, sorry if my comment was taken as a criticism.[/quote]
Absolutely no apology necessary. I was just trying to “re-direct” the conversation, and get more points of view.
I agree with your actions. I am also ending all my debt. Well I shouldn’t say “all”.
I’m going to keep that lovable car loan for a while, but the credit cards are fading…I have also taken a portion of my 401 out and am using it to pay away that debt and buying gold and silver as both a “hedge” and a safe place to put my “down-payment”. So far so good…of course I am implying that I’m prepared to go into greater debt with a mortgage….but I just can’t stand renting anymore!
