View Single Post
Old 10-22-2010 | 10:45 AM
  #50612  
Pineapple Guy's Avatar
Pineapple Guy
Gets Weekends Off
 
Joined: Apr 2008
Posts: 1,462
Likes: 0
Default

Originally Posted by FIIGMO
Be careful, yes you can take a loan out against your stock. But it is sold and placed into a holding account accruing interest but it is sold stock, you lose the shares.

any questions PM
You don't have to sell your shares to take out a loan. You can sell other investments held in your 401k instead, if desired.