If you are going to have money borrowed I'd borrow it from your 401K. Most plans have a prime + interest rate set up, ours is prime + 2% that you pay yourself. It pulls the money out of a fluctuating market and locks in your return.
I would also be as careful about borrowing money from your 401K as you would from any other lending institution. Debt for boats, vacations and other unneeded items should be avoided.
Our plan doesn't allow for "inservice" distributions, borrowing is your only option unless you think quitting is a good financial move.
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Today's Featured Article - The David Brown Rose Badge - by Samuel Kennedy. In the 13th century civil war was raging in England. Two English noblemen were involved in a conflict which became known as the War of the Roses. The Duke of York had as his emblem a white rose and the Earl of Lancaster had a red rose. Today the white rose is the official emblem of the county of Yorkshire and the red rose has been adopted by the neighboring county of Lancashire.
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