Does your 401k send you checks every month? – My properties do...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it was pathetic. And, they don't get any cash flow. Is this typical?
Why would they risk their money in a 401k that just sits there without using it to buy a property for cash flow? It is so easy to cash flow. I thought that was the whole idea of a 401k, to invest and to have something to retire on.
Please, someone, enlighten me!