re: 401k Loans

I think it all depends on your 401k plan. In some plans, when you borrow money, the money you borrow comes out of your plan and you aren't earning dividends on the money. In my plan, you just borrow against the money in the plan and you still get to earn dividends on it. All the interest you pay goes back into the plan as well. I don't think it's as bad a deal as some make it out to be.