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Let's play the rich get everything. The rules are the rich get everything. participation is mandatory. (lemmy.world)
submitted 2 days ago* (last edited 2 days ago) by [email protected] to c/[email protected]
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Did I say mandatory? I meant optional! You're "free" to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

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[-] [email protected] 2 points 20 hours ago

https://www.bankrate.com/retirement/borrow-from-401k-loan/

[-] [email protected] 1 points 10 hours ago

That's not using it as collateral. That's taking money out of it that you have to pay back to yourself. That means you'll lose out on the growth in the markets that the people using their investments as collateral don't lose.

this post was submitted on 19 Sep 2024
1562 points (96.8% liked)

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