401k loan

[JackSeal]

Took 401k loan when stock market is in peaks … now per unit price dropped, so when repaying getting more units … is this beneficial in the long run ?

[Spartan]

obvious

[Spartan]

Nehru  family chesina developments ki Modi ela enjoy chestunnado..

nuvvu peak lo teskunna loan, neek profits rupam lo retirement age ki vastadi ani..

@ZoomNaidu told.

[kittaya]

super gaaa @JackSeal jackpot kottavaaaa 

[chandrabhai7]

12 minutes ago, JackSeal said:

Took 401k loan when stock market is in peaks … now per unit price dropped, so when repaying getting more units … is this beneficial in the long run ?

Yes. Kani loan teesukuna amount ekkado oka daggara stocks lo petti 10ga pettakunda untey worthy 😂 

[SwamyRaRa]

32 minutes ago, JackSeal said:

Took 401k loan when stock market is in peaks … now per unit price dropped, so when repaying getting more units … is this beneficial in the long run ?

Can you enlighten us.. units?

[chandrabhai7]

1 minute ago, SwamyRaRa said:

Can you enlighten us.. units?

Shares of some fund ba. Bcoz price is low now from market crash 

[SwamyRaRa]

4 minutes ago, chandrabhai7 said:

Shares of some fund ba. Bcoz price is low now from market crash 

Ok good 

[jaathiratnalu]

42 minutes ago, JackSeal said:

Took 401k loan when stock market is in peaks … now per unit price dropped, so when repaying getting more units … is this beneficial in the long run ?

Emi have done the same. I took home loan when market is peak . Am repaying for 50 months . Let’s us see how it goes 

[gambling_raja]

@JackSealI’m also planning to take loan on 401k after some months, for what purpose u took and what is the process and interest rate?

[JackSeal]

10 minutes ago, gambling_raja said:

@JackSealI’m also planning to take loan on 401k after some months, for what purpose u took and what is the process and interest rate?

Your 401k portal will have loan option … based on company policy you can take upto 40% of available balance with some limitations on total amount … interest rate was 2.8% then but that interest will also be added 401k when you repay, basically you are paying interest yourself 

[JackSeal]

50 minutes ago, Spartan said:

Nehru  family chesina developments ki Modi ela enjoy chestunnado..

nuvvu peak lo teskunna loan, neek profits rupam lo retirement age ki vastadi ani..

@ZoomNaidu told.

You mean this I got It

[ZoomNaidu]

57 minutes ago, JackSeal said:

Your 401k portal will have loan option … based on company policy you can take upto 40% of available balance with some limitations on total amount … interest rate was 2.8% then but that interest will also be added 401k when you repay, basically you are paying interest yourself 

Nice rate Bro - maadhi   5% 😌😌

[Spartan]

1 hour ago, JackSeal said:

You mean this I got It

yes reffdring to that only