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 - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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