Hekotat
FoH nuclear response team
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Basically I'm looking for a good place to start learning about this or other means of improving my financial situation. I'm sick and tired of being broke and would like to learn how to increase my financial gain over time.
I'm a pretty smart guy but I've never looked into this kind of stuff. There is information out there that I'm unsure where to start or what to do.
I was thinking of pulling a loan out of my 401k, keeping half of it and using the other half to try and invest with. Use the portion I kept to make the payments until I make back the money from investing (Or whatever) and then pay the 401k loan off and use what I made in excess to keep investing. I understand that investing is a risk and I could not make my money back at all. I'm also not sure if this is a good idea.
Looking for some feedback and direction.
I'm a pretty smart guy but I've never looked into this kind of stuff. There is information out there that I'm unsure where to start or what to do.
I was thinking of pulling a loan out of my 401k, keeping half of it and using the other half to try and invest with. Use the portion I kept to make the payments until I make back the money from investing (Or whatever) and then pay the 401k loan off and use what I made in excess to keep investing. I understand that investing is a risk and I could not make my money back at all. I'm also not sure if this is a good idea.
Looking for some feedback and direction.