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Ok......

My wife and I have a certain amount of money in a 401k plan that is for all intents and purposes...liquid........

When she left her company back in early 2000, it was worth around 100k...

Of course, after the activities on the market, it lost quite a bit of value..... But the last 2 quarters its has been back up quite a bit (nowhere near the 100k, but at least back up)

We are thinking about pulling it, taking the penalty hit and the tax hit and pretty much wiping out all our higher interest credit card debt (with a bit left over to go into our respective businesses)..... Any of the cc debt that is at low interest I was thinking of leaving there... Dont know when we will see 4% days again............

I am not a financial wiz by any means and generally fall asleep trying to research financial stuff so I was wondering in the various financial folks might give me an honest opinion....

would it be a better strategy to leave it in the 401k, keep managing cash flow that way we have been (stringing it out) or pull the cash, take the hit and be left with just the mortgages and the truck to pay on ??

Thanx in advance

gimme a call 561-716-1028,
I have a few questions before I can give you intelligent answer

Thanx Serge :)

I forgot....Give LL a kiss for us.............

Quote:

Originally posted by sarettah@Sep 8 2003, 01:39 PM
Thanx Serge :)

I forgot....Give LL a kiss for us.............

can you point exactly WHERE this kiss should be delivered?
;-)))

Quote:

Originally posted by Serge_Oprano@Sep 8 2003, 01:52 PM
can you point exactly WHERE this kiss should be delivered?
;-)))

Your choice....................

:yowsa:

Quote:

Originally posted by sarettah+Sep 8 2003, 02:40 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (sarettah @ Sep 8 2003, 02:40 PM)</td></tr><tr><td id='QUOTE'><!--QuoteBegin--Serge_Oprano@Sep 8 2003, 01:52 PM
can you point exactly WHERE this kiss should be delivered?
;-)))

Your choice....................

:yowsa:[/b][/quote]
hey,
I need PROPER instructions!
;-))

Ok...lets see.....

Give her two.............

One on her cheek from me and one below the belt from Jen.........
You know Jen loves that stuff............

http://www.awrats.com/images/vegas.jpg

Does that work ???

:yowsa:

great, NOW I know exactly what to do!
;-))))

I think Jen's kiss has a bigger chance for a BigO!
;-)))

Quote:

Originally posted by sarettah@Sep 9 2003, 06:06 AM
Ok...lets see.....

Give her two.............

One on her cheek from me and one below the belt from Jen.........
You know Jen loves that stuff............

http://www.awrats.com/images/vegas.jpg

Does that work ???

:yowsa:

I love the look on her face Sarettah!

Any chance Jen is thinking something like.....

"Um.. ooh aah.. um.. this is baaad... but um... I think I like it... um... better try and look like all is normal.... if i can.... ooooo... weeeee" :))