View Single Post
  #2  
Old 09-28-2007, 03:41 PM
petp_the_greek petp_the_greek is offline
Senior Member
 
Join Date: Sep 2007
Location: NYC
Posts: 100
Default Re: Gold and Credit Cards (noob question)

not a smart idea, if the market goes down then youre in deep poo-poo. as an example, a guy i used to work with back in 2001 had around 35K in his 401(k) plan....he cashed it all out, well, actually he took a loan against all he had and invested it all in internet stocks. well....u can imagine what happened next.
Reply With Quote