Mother effer....got robbed

[rudeguy]

I've been having a rough time of it lately. Work has been really slow and I've had to spend a lot of money on random things that I hadn't planned on. I finally broke down and pulled $1000 out of my 401k to buy some Christmas presents with.

I had just filled up my car with gas when some underweight 12 year old girl ganked my wallet. She must have seen the cash in my wallet when I paid for my gas. Now I'm screwed. No presents for little rudeguy and I'll be paying back $1k for the next year.

/emo

 

[Sho'Nuff]

My condolences. That truly sucks.

But to be brutally honest, you shouldn't take money out of your 401k for anything except a medical emergency or retirement.

 

[rcpratt]

Hahahah 9/10.

 

[gophins72]

sucks. but get something for little rudeguy and skip everyone else.

 

[Terzo]

I really hope this is a parody thread. If not, my condolences (as worthless as those are).

Edit...

Hahahah 9/10.

Phew. I wonder what the original was...

 

[xanis]

sucks. but get something for little rudeguy and skip everyone else.

This.

 

[zinfamous]

win+1/10

 

[lxskllr]

Serious? This has the vibe of a poor parody, but if not, I'm sorry to hear that. How does a 12 year old girl get the better of you?

 

[gophins72]

haha... nice one:

---------------------------------------------------------


edit;

 

[rcpratt]

Serious? This has the vibe of a poor parody, but if not, I'm sorry to hear that. How does a 12 year old girl get the better of you?

It probably just looked like a 12 year old girl. :hmm:

Come on guys...

 

[Terzo]

Serious? This has the vibe of a poor parody, but if not, I'm sorry to hear that. How does a 12 year old girl get the better of you?

It seems to be getting rave reviews though.

 

[Kelvrick]

It probably just looked like a 12 year old girl. :hmm:

Come on guys...

The younger they are, the more they cost.

 

[zinfamous]

c'mon guys, just look at the first 10 threads.

come the fuck on.
lol

 

[Terzo]

c'mon guys, just look at the first 10 threads.

come the fuck on.
lol

This was top of the list for me, so I hadn't scanned further down.

 

[olds]

I don't know what "ganked" means so I am

 

[Soundmanred]

http://forums.anandtech.com/showthread.php?t=2126211

 

[SlitheryDee]

I suggest you go to the cereal aisle of your nearest grocery store.

 

[lxskllr]

It probably just looked like a 12 year old girl. :hmm:

Come on guys...

Hey, cut me some slack. There's some threads I just don't bother with out of principle :^D

 

[Ns1]

7.5/10

 

[Cerpin Taxt]

I've been having a rough time of it lately. Work has been really slow and I've had to spend a lot of money on random things that I hadn't planned on. I finally broke down and pulled $1000 out of my 401k to buy some Christmas presents with.

I had just filled up my car with gas when some underweight 12 year old girl ganked my wallet. She must have seen the cash in my wallet when I paid for my gas. Now I'm screwed. No presents for little rudeguy and I'll be paying back $1k for the next year.

/emo

That's what you get for going to Wenatchee.

 

[Kyle]

LOL ....damn I even posted in that other thread and it didn't hit me...
9/10

 

[DrPizza]

My condolences. That truly sucks.

But to be brutally honest, you shouldn't take money out of your 401k for anything except a medical emergency or retirement.

What if in addition to using the 401k for retirement, you also use it as your savings account? (Unless, of course, you're maxing out your annual contribution.) i.e. if you would prefer to (keeping the numbers simple) have $1000 in your savings account, why not put that extra $1000 in your 401k account? You'll generally earn a higher interest rate - while it's in there. And, assuming that if you spent the $1000 that was in your savings account, you would gradually build it back up, what's the difference between building it back up and putting it back into your 401k? And, (I don't have a 401k; I have a 403b) isn't the 401k pre-tax dollars? i.e. to have "$1000 in savings", less money would have come out of your pocket.

What am I missing here?

 

[rcpratt]

What if in addition to using the 401k for retirement, you also use it as your savings account? (Unless, of course, you're maxing out your annual contribution.) i.e. if you would prefer to (keeping the numbers simple) have $1000 in your savings account, why not put that extra $1000 in your 401k account? You'll generally earn a higher interest rate - while it's in there. And, assuming that if you spent the $1000 that was in your savings account, you would gradually build it back up, what's the difference between building it back up and putting it back into your 401k? And, (I don't have a 401k; I have a 403b) isn't the 401k pre-tax dollars? i.e. to have "$1000 in savings", less money would have come out of your pocket.

What am I missing here?

401k withdrawals are subject to a 10% penalty beyond being pre-tax dollars.

An alternative is to take a loan from your 401k, up to half of the balance. That will hurt your long-term savings, though.

 

[Kyle]

401k withdrawals are subject to a 10% penalty beyond being pre-tax dollars.

An alternative is to take a loan from your 401k, up to half of the balance. That will hurt your long-term savings, though.

Yeah, I've taken a loan before- but at least you pay interest to yourself....if you do it relatively young, and don't select a really long term payback plan, it's not too bad.

 

[MotF Bane]

This thread is win!