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Re: bet kids tuition post# 63049

Thursday, 11/23/2017 6:24:43 PM

Thursday, November 23, 2017 6:24:43 PM

Post# of 140474
Just remember that a short term gain will be taxed heavily. In six months even if we double and you borrowed the max 50k, and put it all in to Titan (115Kshares) you would end up with $100K but would have to pay tax (40%?), so now you are down to $70K....Only 20K for the kitchen after paying your loan. If the market with your 401K investment goes up 10% you would have $55K (Of course the market could crash or go up 20%). If you had the gumption to wait a year.... and the 115K shares went to 2 (I think more is in the cards), you would have 230K and now only taxed at long term gain rates of 20%... You would have $194K! 50 pays back your loan and 144K for a kitchen AND a Porsche! (Or your car of choice!). I think the short term play is too much risk/gain if you want something by summer. I have borrowed from mine for consolidation debt and I pay myself 3.5% through my Shcwab PCRA. But I can buy Titan in that account, so no touching it now, I need to maximize retirement!! What about a credit card 50K limit 0% interest loan? 3% up front cost for one year gamble.... If you can pay either way off even if you lost most of it, then why the heck not! BUT... that is putting some nads out there for your belief in this... I wonder how many would