Updated about 7 years ago on . Most recent reply
Borrowing from my 401k to hedge against market downturn
Looking at the rising interest rates, and the possible downturn in the stock market, I'm thinking of borrowing out as much as I can from my 401k to either use for some real estate investing, and also hedge against the market. I'm also considering not putting into my 401k anymore, but I do get 20% matching from my employer which is pretty awesome. Does anybody have any thoughts on this?
Most Popular Reply
@Daniel Kong this is not a great idea! Take that 20% and if you’re really bearish, stay out of stocks and hold as cash. A market downturn will likely impact real estate as well.