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<blockquote data-quote="TacomaJD" data-source="post: 691536" data-attributes="member: 1780"><p>I don't want to deviate from the bitcoin talk too much and take away from the thread. I know the roi is nowhere near the same, was just throwing it out there because everything seems to be booming right now. While you aren't not SUPPOSED to touch 401k, doesn't mean you can't. I pulled $10k from mine earlier this year to make sure we had plenty put back for wedding, honeymoon, and new house down payment - all happened at the same time. Got penalized $1700 off the top, but my 401k is company sponsored and they match 100% of up to 6% of my weekly earnings. I am fully vested, so the $1700 hit wasn't that big a deal to me, because essentially half of what's in my 401k was put there "for free" by my employer. That's the only time I've ever taken money out of it. The market is doing so well, it's already made the $10k back that I took out. </p><p></p><p>I'd definitely need to read up on the cryptocurrency stuff to fully understand it. I probably won't ever invest in any of it, I guess because I feel like those sort of investments are more of a gamble than investing in other ways like real estate. Although I do like to gamble! Only recreationally. Haha.</p></blockquote><p></p>
[QUOTE="TacomaJD, post: 691536, member: 1780"] I don't want to deviate from the bitcoin talk too much and take away from the thread. I know the roi is nowhere near the same, was just throwing it out there because everything seems to be booming right now. While you aren't not SUPPOSED to touch 401k, doesn't mean you can't. I pulled $10k from mine earlier this year to make sure we had plenty put back for wedding, honeymoon, and new house down payment - all happened at the same time. Got penalized $1700 off the top, but my 401k is company sponsored and they match 100% of up to 6% of my weekly earnings. I am fully vested, so the $1700 hit wasn't that big a deal to me, because essentially half of what's in my 401k was put there "for free" by my employer. That's the only time I've ever taken money out of it. The market is doing so well, it's already made the $10k back that I took out. I'd definitely need to read up on the cryptocurrency stuff to fully understand it. I probably won't ever invest in any of it, I guess because I feel like those sort of investments are more of a gamble than investing in other ways like real estate. Although I do like to gamble! Only recreationally. Haha. [/QUOTE]
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