Author Topic: Sometimes I just want to?  (Read 684 times)

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Offline toytuff

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Sometimes I just want to?
« on: November 16, 2013, 02:28:27 PM »
Well, in this case cash out some 401K money.

Dropped off some carburetors at my friends shop. I have looked at this several times inside. Never out.

This is his Fathers and yes, it's for sale.

Good Lord, I want this!

tt
« Last Edit: November 16, 2013, 02:34:53 PM by toytuff »

Offline Bob Wessner

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Re: Sometimes I just want to?
« Reply #1 on: November 16, 2013, 02:40:38 PM »
Well, in this case cash out some 401K money.

Tempting, but don't do it.
We'll all be someone else's PO some day.

Offline toytuff

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Re: Sometimes I just want to?
« Reply #2 on: November 16, 2013, 02:43:49 PM »
Well, in this case cash out some 401K money.

Tempting, but don't do it.

Oh, I know Bob. Taxes kill you then report as income. (40K)

It's nice to dream.  ;)

tt

Offline 333

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Re: Sometimes I just want to?
« Reply #3 on: November 16, 2013, 03:16:58 PM »
Better to get a loan than than to take the tax liability.
Go metric, every inch of the way!

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Offline ekpent

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Re: Sometimes I just want to?
« Reply #4 on: November 16, 2013, 07:08:13 PM »
Go buy that new Yammie Triple you had your eye on and then report back. The magazine Guys are loving it   ;)

Offline toytuff

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Re: Sometimes I just want to?
« Reply #5 on: November 17, 2013, 06:35:46 AM »
Go buy that new Yammie Triple you had your eye on and then report back. The magazine Guys are loving it   ;)

You just knew it was going to be a hit.

tt

Offline Bob Wessner

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Re: Sometimes I just want to?
« Reply #6 on: November 17, 2013, 12:12:10 PM »
Better to get a loan than than to take the tax liability.

+1

On top of the tax penalty, consider the lost investment potential of the funds removed from the account, can't appreciate if it isn't there.  ;)
We'll all be someone else's PO some day.

Offline toytuff

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Re: Sometimes I just want to?
« Reply #7 on: November 17, 2013, 02:55:40 PM »
You guys get to serious.

 :D :D :D

tt

Offline 333

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Re: Sometimes I just want to?
« Reply #8 on: November 17, 2013, 04:30:17 PM »
A man's gotta do what a man's gotta do.
Go metric, every inch of the way!

CB350F0  "Scrouching Tiger"
CT70K0    "Sneezing Poodle"

www.alexandriaseaport.org