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Money from HELOC or Retirement to pay bills


Guest Anonymous

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Guest Anonymous

Which is best in the long run:

  • Taking money out of your HELOC with an 8.5% interest rate
  • Taking money out of your 401K as a loan with 9.5% interest and a fee
  • Taking money out of a Roth IRA
  • Selling gold jewelry, which is at an all time high

My partner lost their job over 6 weeks ago, and their unemployment is still pending.  We need to pay some bills by mid August.  Thanks.

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