From: "HW \"Skip\" Weldon" 
Newsgroups: misc.invest.financial-plan
Subject: Re: 401(k) loan as a way to escape lousy 401(k) investment options?
Date: Fri, 24 Mar 2006 16:48:01 -0600
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On Fri, 24 Mar 2006 13:08:35 -0600, Rich Carreiro
 wrote:

>Have you ever considered the wisdom (or lack thereof) of using a 401(k)
>loan as a way to put the 401(k) money into better investments than
>the 401(k) plan allows?

Before concluding that it's reasonable to think one could both cover
the costs of this idea (tax, possibly higher investment costs,
interest costs) and still whip the 401k, how about posting 1) the
names of those 401k investment choices and 2) the employer's matching
policy?

I realize that with your idea you would get the match anyway, but I'm
open to the thought that if the 401k choices really stink, perhaps we
should not rule out passing on the 401k altogether and setting up a
good private portfolio (diversified, low cost, tax efficient) and look
forward to capital gains and qualified dividends.

So.... how valuable is the match and what are the specific funds?

-HW "Skip" Weldon
 Columbia, SC