sarvayogi Posted June 7, 2023 Report Posted June 7, 2023 g mooskuni max out 401k ... rental investment mazaak kaadu ppl think EMI 2000 and rental is 3000 and extra 1000 tho tesla konta..free ga vastondi ani chilara lekkalu estaru neellalloki digite telustadabba lotu couple months ago all the 3 rentals were vacant for a month or so..oka month primary and 3 rentals ki EMI lu kattesariki my grandfathers grandfather kanipinchadu 1 Quote
idibezwada Posted June 7, 2023 Report Posted June 7, 2023 max out 401K and take loan against it to buy the rental... 1 Quote
Sreeven Posted June 7, 2023 Report Posted June 7, 2023 1 hour ago, SaradaChinnodu said: 401k ela biscuit avuthundi bro...? Okka recession chalu..2008 time recession lo chala mandi 401k padindi..manam retire ayye time ki situation sarigga leka pothe kastam..bonds invest aithe parvaledu..anni stocks aithe kastam Quote
k2s Posted June 7, 2023 Report Posted June 7, 2023 2 hours ago, SaradaChinnodu said: brothers - asalu Katha enti ante Currently, I'm maxing out my 401K. My company provides 100% match upto 6%. ee IT lo inko 30 yrs dobbalenu ani clear understanding undi so want to save up and invest in rentals for supplemental income. Question enti ante - should I just contribute upto 6% to get full match from company and save up the rest to get a rental to expedite this process or should I continue to max out and save anything left over to purchase rental? My feeling is that if I end up cashing out 401K before retirement since I'm looking at early retirement , I would end up paying 10% penalty along with tax bracket. so, wondering ... feedback pls... good qochen Quote
Sreeven Posted June 7, 2023 Report Posted June 7, 2023 1 hour ago, Pandubabu said: How annayya , 401(k) losses from the economic crisis: During 2008, major U.S. equity indexes were sharply negative, with the S&P 500 Index losing 37.0 percent for the year, which translated into corresponding losses in 401(k) retirement plan assets. Quote
SaradaChinnodu Posted June 7, 2023 Author Report Posted June 7, 2023 2 hours ago, Spartan said: 401 gurtuchesava malli... emaindhi bro... Quote
SaradaChinnodu Posted June 7, 2023 Author Report Posted June 7, 2023 2 hours ago, gudboy said: ekkada kontunnav rental? Charlotte/NJ/ Philly suburbs. Inka boledu time undhi to save up and purchase. Quote
maverick19 Posted June 7, 2023 Report Posted June 7, 2023 6 minutes ago, Sreeven said: 401(k) losses from the economic crisis: During 2008, major U.S. equity indexes were sharply negative, with the S&P 500 Index losing 37.0 percent for the year, which translated into corresponding losses in 401(k) retirement plan assets. economic crisis every investment will drop. not just 401k. Quote
SaradaChinnodu Posted June 7, 2023 Author Report Posted June 7, 2023 2 hours ago, sarvayogi said: g mooskuni max out 401k ... rental investment mazaak kaadu ppl think EMI 2000 and rental is 3000 and extra 1000 tho tesla konta..free ga vastondi ani chilara lekkalu estaru neellalloki digite telustadabba lotu couple months ago all the 3 rentals were vacant for a month or so..oka month primary and 3 rentals ki EMI lu kattesariki my grandfathers grandfather kanipinchadu 3 rentals aa nuvu mamulodivi kadhu ga....I'm more thinking of buying with cash when I can afford. Antha risk mana valla kadu to down pay something and manage mortgage with rental money. Quote
Hitman Posted June 7, 2023 Report Posted June 7, 2023 2 hours ago, Sreeven said: 401(k) losses from the economic crisis: During 2008, major U.S. equity indexes were sharply negative, with the S&P 500 Index losing 37.0 percent for the year, which translated into corresponding losses in 401(k) retirement plan assets. Vammo 2008 rojulu cheppamaaka… I started my career as a backup of a person who lost everything on stocks + 401k … I had to hear his stories every day at my beginning of work days Quote
Sreeven Posted June 7, 2023 Report Posted June 7, 2023 1 hour ago, maverick19 said: economic crisis every investment will drop. not just 401k. Anni vuntayi kani stocks lo chala companies assam, rental home investment ivvala kaka pothe in a year it will give regular income this is just example.. Quote
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