Filed under
#opportunity-cost
investing
taxed twice on the same dollar
Why a 401k loan looks better than it actually is
401k loans pay interest to yourself, but opportunity cost and double taxation make them expensive compared to leaving the capital invested.
banking
the renter's 7-year lead
Why renting isn't throwing money away
The rent-versus-buy calculation depends on maintenance costs, mortgage interest rates, and the opportunity cost of the down payment.