After you’ve stocked away tens, even hundreds, of thousands of dollars into your 401K, you may be tempted to borrow against when, say, you want to buy new furniture for your house or you want to pay off a high credit card bill.  Let’s take a look at why you shouldn’t touch your 401K until […]

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A quick lesson in finances:  anything that depreciates in value isn’t an investment. Your car depreciates the day you drive it off the lot.  If you took out a $30,000 loan to buy a brand new car, then tried to sell or trade it, you would not recover the full $30,000 and would end up […]

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