Cashing a 401K ($100,000) to boost your present business! Your Thoughts?
I'm borderline on cashing in my 401K to pay off a few debts and
restructure my on and off line businesses.
I do know that by doing so I will loose a lot of it to taxes but I
also know that it would help me to increase my over all profits.
It is a scary feeling! :confused:
What are your thoughts about doing something like this to
further yourself?
Hell, I know Dave Ramsey would agree with me! :p
Thanks for the replies,
Have a Great Day!
Michael
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