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401k advice

whitesixmile

Lake Baikal
Gold Member
Aug 30, 2015
5,447
9,268
113
need an opinion on whether to finance my truck with my 401k or not. My rate is 8 percent which was high because I’m in the middle of selling a house, so my 401k payback is six percent interest paid back to myself. Thats 14 % swing if my math is right. I know my money wouldn’t be making money in the market but 14 % seems like a good deal. So what is my dumb ass missing?
 
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