| Author | Message | ||
Inquisitive Side Hero Username: Inquisitive Post Number: 2551 Registered: 09-2014 Posted From: 183.83.167.116 Rating: N/A |
What about the risk of dollar appreciation? Historically, USD has consistently appreciated against INR at least since Independence. Moreover, given that the interest rates in the US are a lot lower than those in India, International Fischer Effect tells us that the USD is expected to appreciate against INR in the foreseeable future as well. "Sakshi is a most balanced and independent media. This has no affiliation with any political party," Jagan had said. Link: http://www.outlookindia.com/news/article/sakshi-retelecasts- story-omits-antisonia-remarks/701963 | ||
Cheenu Junior Artist Username: Cheenu Post Number: 902 Registered: 05-2016 Posted From: 99.73.65.159 Rating: N/A |
So basically you are losing money from 401k gains and on top you are taxed twice. The whole purse of 401k is to multiply your gains on the money you are saving. Which defeats the purpose if you take loan from 401k | ||
Cheenu Junior Artist Username: Cheenu Post Number: 901 Registered: 05-2016 Posted From: 99.73.65.159 Rating: N/A |
You have the answer in my 1). Point You lose the capital gains on your 401k. Which is the worst thing | ||
Anthamidhya Junior Artist Username: Anthamidhya Post Number: 500 Registered: 02-2017 Posted From: 174.206.8.108 Rating: N/A |
Don’t forget $ to rupee changes if you need to bring it back. Calculate your return after adjusting for interest paid n exchange rate effects | ||
Awesomedber Side Hero Username: Awesomedber Post Number: 6276 Registered: 04-2015 Posted From: 131.107.160.35 Rating: N/A |
how is that different, taking from other loan provider? you pay them post tax too. Only the tax on interest is extra | ||
Cheenu Junior Artist Username: Cheenu Post Number: 900 Registered: 05-2016 Posted From: 99.73.65.159 Rating: N/A |
Wrong you will pay 50k taxed income back to pay off your 401k loan. And then again they will deduct tax after your 60 yrs age. | ||
Cheenu Junior Artist Username: Cheenu Post Number: 898 Registered: 05-2016 Posted From: 99.73.65.159 Rating: N/A |
Point 1) itself is enough to not take loan on 401k forget about anything else | ||
Cheenu Junior Artist Username: Cheenu Post Number: 897 Registered: 05-2016 Posted From: 99.73.65.159 Rating: N/A |
401k loan is bad. Never take unless it’s mandatory. 1) you are taking out capital gains on your 50k ( assuming 8% per annum, imagine if you have 200k you would get 8% on 150k instead of 200k) 2) you are paying taxes twice on that 50k (assuming 25% tax bracket that’s a lot again) I would prefer taking the 0% balance transfer (3% amount for transfer) and pay it off in 18 months If you still need more time do the same with another card (on remaining balance 3% one time) Effective rate would be 4.5% at the max for 36 months | ||
Awesomedber Side Hero Username: Awesomedber Post Number: 6275 Registered: 04-2015 Posted From: 131.107.160.35 Rating: N/A |
repayment is from post tax. Only disadvantage is that the interest you pay is taxable.. but adi negligible. | ||
Awesomedber Side Hero Username: Awesomedber Post Number: 6274 Registered: 04-2015 Posted From: 131.107.160.35 Rating: N/A |
Wrong!Neenu teesukuna.. No tax on loan. You get loan for 50% of 401K balance. You pay interest too yourself. SO no net loss! | ||
Itzpetergriffin Comedian Username: Itzpetergriffin Post Number: 1633 Registered: 04-2012 Posted From: 63.241.111.230 Rating: N/A |
Happy ga 0% balance transfers cheskoka, interest katti personal loan enduku? | ||
Xxx Hero Username: Xxx Post Number: 17966 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
then max you are allowed is 50k, and you pay at atlest 20% tax, looks like a very bad idea then you put back 50k, you may pay 4% intrest to your self, still you loose your money - | ||
Uppu Hero Username: Uppu Post Number: 12336 Registered: 11-2007 Posted From: 8.21.68.241 Rating: N/A |
401 K loan means you pay double taxes, when you take loan , you will pay back that with taxed money, when you withdraw that after retirement you need to pay tax again | ||
Uppu Hero Username: Uppu Post Number: 12335 Registered: 11-2007 Posted From: 8.21.68.241 Rating: N/A |
Risk ekkuva, RE it self risk. You may naot able to sell whenever you want. you need to consider conversion value, return dabbulu ikkadaki tevalante kastam. Intial day ennaki ellipodamu anukoni ilanti investment chestaru, after 5-10 year you realize that you do not want to goback unless they force you | ||
Confused Comedian Username: Confused Post Number: 1464 Registered: 05-2017 Posted From: 150.148.14.129 Rating: |
Yes, if you are doing transactions in black. chaala mandi hard earned white money ki black chestaru india lo lands meeda petti.. taruvata teesukoni raavadam kashtam | ||
Xxx Hero Username: Xxx Post Number: 17965 Registered: 04-2009 Posted From: 149.168.132.16 Rating: N/A |
should you pay taxes ? - | ||
Vishvak Hero Username: Vishvak Post Number: 12073 Registered: 01-2007 Posted From: 104.129.196.209 Rating: N/A |
Your bank a/c user id and password kooda post cheyyi Vi veri universum vivus vici | ||
Vjawarrior Legend Username: Vjawarrior Post Number: 38184 Registered: 02-2014 Posted From: 192.251.84.7 Rating: N/A |
lands meeda bedaru Power starrrrrrrrrr will rockkkkkkkkkkkkk | ||
Bumper Hero Username: Bumper Post Number: 16842 Registered: 07-2014 Posted From: 161.11.160.176 Rating: N/A |
https://tradingeconomics.com/india/inflation-cpi according this link inflation rate is going down in india. that means you dont get much returns | ||
Vjawarrior Legend Username: Vjawarrior Post Number: 38183 Registered: 02-2014 Posted From: 192.251.84.7 Rating: N/A |
100k miles on both cars..entha istaadu dcu vaadu? and whats the interest rate? Power starrrrrrrrrr will rockkkkkkkkkkkkk | ||
Bumper Hero Username: Bumper Post Number: 16841 Registered: 07-2014 Posted From: 161.11.160.176 Rating: N/A |
india lo inflation rate entha undhi? | ||
Risingstar Legend Username: Risingstar Post Number: 41807 Registered: 08-2008 Posted From: 96.245.82.131 Rating: N/A |
india lo investment cheyyatam chala easy enakki thevatamee chala kastam.. india loo investment is like https://www.youtube.com/watch?v=ZjUqhy51-2M | ||
Ramjirao Comedian Username: Ramjirao Post Number: 1533 Registered: 02-2019 Posted From: 152.51.56.1 Rating: N/A |
//personal loan iche companies emi unnayi. takkuva rate lo. start with ur bank alaage nee car paidoff aithe still u can get money from DCU | ||
Sapayiraaja Comedian Username: Sapayiraaja Post Number: 1341 Registered: 07-2013 Posted From: 12.177.226.23 Rating: N/A |
personal loan iche companies emi unnayi. takkuva rate lo. | ||
Ramjirao Comedian Username: Ramjirao Post Number: 1529 Registered: 02-2019 Posted From: 152.51.56.1 Rating: N/A |
//thanks...monthly entha kattali? 5000/60 vuntundhiii | ||
Vjawarrior Legend Username: Vjawarrior Post Number: 38182 Registered: 02-2014 Posted From: 192.251.84.7 Rating: N/A |
thanks...monthly entha kattali? Power starrrrrrrrrr will rockkkkkkkkkkkkk | ||
Confused Comedian Username: Confused Post Number: 1463 Registered: 05-2017 Posted From: 150.148.14.129 Rating: N/A |
depends...white lo transactions cheste, it's okay deal. kakapote black lo chesi interest avoid chese laaga chuste good investment. | ||
Ramjirao Comedian Username: Ramjirao Post Number: 1527 Registered: 02-2019 Posted From: 152.51.56.1 Rating: N/A |
//200k undi 401k lo...200k loan istaadaaa? monthly entha kattali? 50K loan isthaadu If u need more u need to withdraw | ||
Vjawarrior Legend Username: Vjawarrior Post Number: 38181 Registered: 02-2014 Posted From: 192.251.84.7 Rating: N/A |
200k undi 401k lo...200k loan istaadaaa? monthly entha kattali? Power starrrrrrrrrr will rockkkkkkkkkkkkk | ||
Ramjirao Comedian Username: Ramjirao Post Number: 1524 Registered: 02-2019 Posted From: 152.51.56.1 Rating: N/A |
//Ikkada personal loan around 9% ki vastadi, ikkada oka 30K loan tisukoni, india lo oka 200 yeards plot konukko, 3 years lo good returns vastaayi ani cheppadu. veelaithee nee 401K meedha loan theesuko you will get those 9% return to urself | ||
Sapayiraaja Comedian Username: Sapayiraaja Post Number: 1340 Registered: 07-2013 Posted From: 12.177.226.23 Rating: N/A |
Ninna discussion lo friend okadu oka point cheppadu. Ikkada personal loan around 9% ki vastadi, ikkada oka 30K loan tisukoni, india lo oka 200 yeards plot konukko, 3 years lo good returns vastaayi ani cheppadu. Is it good idea, meeru evaru ayina ila chesaara. Please share your thoughts and experiences. My visa status is H1b and credit score is around 750. |
