posted on May, 3 2011 @ 03:18 PM
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.