18 Burst results for "4._0._1._K"

Joe Concha: Biden Admin Are Masters of Self-Inflicted Damage

The Dan Bongino Show

01:37 min | 4 d ago

Joe Concha: Biden Admin Are Masters of Self-Inflicted Damage

"The way they frame it it kind of alters it to make you believe he's an innocent victim in all this As you'll see in the book mister bongino Did Joe Biden isn't a victim of circumstances to your point but he and his cabinet his advisers his handlers they are masters of self inflicted wounds in this country And the consequences have been devastating to our wallets I looked at my 401k yesterday my jaw is still on the floor It's been deadly for so many Americans as well in terms of their decisions around the border in terms of opioid overdoses fentanyl coming in record numbers from China through Mexico and into the hands of so many young Americans who are dying That's the thing right It's all self inflicted So when you look at inflation yeah inflation goes up and down But when this president came into office it was at 1.4% And now it's well above 8% And I'm guessing maybe this is the reason why when you inject trillions of dollars into the economy in addition to the trillions that you're already spending that tends to increase inflation But again these guys will go out there and particularly the president as press secretary and they'll say no you know what This is called the inflation reduction act So I know we're spending a lot of money but it's going to bring down inflation And then every sober study and analysis says that actually it's going to raise inflation And that's the thing This is all self inflicted based on the decisions that they have made and that's why we are where we are And that's why I'm just amazed to your point Yeah he's had about 39 40% right now Who are these people I mean all I can have a beer with these folks sometimes is what can you possibly say you're doing correct right now

Joe Biden Cabinet Mexico China
America's Pastors Struggle With Burnout

The Officer Tatum Show

01:23 min | 3 weeks ago

America's Pastors Struggle With Burnout

"Passers. Battle skyrocketing burnout amid politics, pandemic is wearing on the soul. A staggering 42% of pastors have considered quitting full-time ministry according to a recent study. It says the bitter division over politics and the pandemic has seeped into the churches and led an increased rate of job burnout amongst pastors, multiple clergy members, and those who counseled them according to an article in Fox News. Our faith does not exempt us from anxiety, depression, temptation, or COVID, so that's to be expected, said David, Ferguson, which is an executive director of the greater commandments network, which provided counseling initiatives to help pastors. While our pastors burn out, now I've never been a pastor, but I know that it must be incredibly difficult if you take it seriously. If you just up there being charismatic and having a pep rally every time you go and church on Sunday, then you'll burn out ain't gonna be much at all, especially if you just pimping the people and they paying for a lavish lifestyle. You don't have nothing to worry about your 401k on point. You know, you already own the church outright. You own the church outright. The people don't own the church.

Greater Commandments Network Fox News Ferguson Depression David
New Founding's Matthew Peterson Discusses Woke Capital

The Dinesh D'Souza Podcast

02:09 min | Last month

New Founding's Matthew Peterson Discusses Woke Capital

"We have a new guest for you today, someone who hasn't been on the podcast before, but I'm looking forward to this. It's Matthew Peterson. Cofounder and president of a group called new founding and their website is new founding dot com. Matthew Peterson is a publisher of return and he's also the president of the firebrand firebrand super and founder of the American mind of publication of the clermont institute, Matthew, welcome to the podcast, you have been making a very interesting case that I want to talk to you about that it is not enough to complain about the wokeness of American corporations. Because as I understand it, here we are subsidizing them and using their products even as we complain about them. So you think that as conservatives, we need a more well thought out strategy and you have one to recommend. So let's begin by talking about the problem and about the way in which you may say we are implicated in it. Yeah, absolutely. Well, I think that a lot of your audience feels this. You and I feel this. There's a frustration when our own money, our own lifeblood is being used against us, right? I mean, you can say you're going to boycott, say, Amazon, or target, but the fact of the matter is that's very difficult to do. And it really is not a practical strategy. And so what is going on right now is now they're using your 401k. They're using your investments and these large financial vehicles, turning it against you to keep these corporations. Wow. And so I think what we have to get away from is the idea that, well, go broke eventually it will all just turn around. It's not going to turn around any time soon. Unless people band together and do something. And the question is, what do we do? But I think the problem is people feel stuck, and they need to realize if they don't, that billions of dollars are under the thumb of woke capital.

Matthew Peterson Clermont Institute Matthew Amazon
Poll: Democrats Lead by 4% in Midterm Races

Mike Gallagher Podcast

01:31 min | 2 months ago

Poll: Democrats Lead by 4% in Midterm Races

"Democrats are leading in the midterm race with a 4% edge over the GOP on the generic congressional ballot. This is a Suffolk university USA Today poll. 44% should if the election were held today, they would vote for a Democrat, only 40% said they'd vote for a Republican a 16% remain undecided. So maybe that's the key if you believe this poll. But I just want to ask you, simple question. Do you honestly believe that more Americans are upset about roe V wade? Being overturned? Then being able to pay the bills, you know, we fall into a trap with polls. And the trap is this. If a poll confirms what we hope for or what we think, we like the poll. If it doesn't, we don't like the poll. And I don't want to fall into that trap. I'm just going to ask you the smartest audience in America. Here in the relief factor dot com studios as we kick things off for a Friday, July 29th. Do you honestly think that this poll is correct that more Americans are concerned about abortion? Than they are, the economy, their bank account, their 401k, filling up the gas tank, going to the grocery store. Being able to buy a house pay rent?

Suffolk University Usa Roe V Wade GOP America
Free Beacon: Apple CEO Sucks up to China Through State-Owned Media

Mark Levin

01:21 min | 3 months ago

Free Beacon: Apple CEO Sucks up to China Through State-Owned Media

"The Washington free Beacon reports that Apple CEO Tim Cook met with communist Chinese party members and propagandists this month Speaking from the Apple worldwide developers conference cook praised the innovative and inspiring quote unquote app developers of China In an interview with China daily the publication is a state owned Chinese Communist Party mouthpiece that regularly defends the government and spreads disinformation about China's genocide against Uyghur Muslims Good job there Tim Now if you own stocks whether in a mutual fund or a 401k or an IRA or whatever you should check it Let's see if it includes Apple and you can show up at their next public shareholders meeting And demand time to speak And you should do it And you should organize others to do it I don't own any of their stock I can't stand these people This move shows cooks readiness to compromise apple's core values Around privacy and user data in order to continue operating and communist China Apple's previously stated its dedication to human rights and privacy in the U.S. While complying with Beijing's national laws around access to user data and ignoring the country's human rights record

The Washington Free Beacon Chinese Party Apple Chinese Communist Party China Tim Cook Cook TIM Beijing U.S.
Robert Netzly of Inspire Investing Exposes Abortion Vacation Companies

The Eric Metaxas Show

02:14 min | 3 months ago

Robert Netzly of Inspire Investing Exposes Abortion Vacation Companies

"I am speaking now. Again, with our friend who, I don't know how to put this. Robert Nestlé started this thing called inspire investing. And every time we talk, I get very excited about this. Robert, welcome back. It is my pleasure to be here, Eric. We're always talking about roughly the same thing. The idea of this company is to help people understand where their money is going, what they're doing with their money. And if their money is working against what they believe in, we're working for what they believe in. We have just had roe V wade be overturned finally. Thank God. Because it was horrible law. It doesn't even matter your position on abortion. It was just bad law. But we now see companies saying doing this virtue signaling that well, we are so pro abortion, we will pay for our employees to have an abortion, you know, we're not going to pay for them to help them have a kid and to pay for formula and diapers and rent and whatever we're not going to help them have a kid, but we'll help them have an abortion. Most people that I know would say, I don't want to do business with a company like that. Are they crazy? Are they kidding? How can we know whether we are dealing with that kind of a company or aren't? Yeah, we've been inundated with that question ever since late last week when that phenomenal decision came out. We're just praising God for that decision among with so many others. And all these companies coming out and saying that we're going to start paying for abortion travel to states where it's still legal. For the time being anyway. And so we had inspire that's what we specialize. And we have the most robust they said to help people understand what the companies that are in your mutual fund in your 401k, like what are they doing to from a moral perspective? Such as giving money to Planned Parenthood or in this case, we're compiling a really robust dataset on these companies in real time as they're coming out on a daily basis now. Which companies are paying for these travel

Robert Nestlé Roe V Wade Eric Robert
Why Are Democrats NOT Adjusting Their Strategy?

The Charlie Kirk Show

01:48 min | 3 months ago

Why Are Democrats NOT Adjusting Their Strategy?

"With us right now is the amazing Alex Marlow, who's filled in for me on this program multiple times. Breitbart dot com is the place to check out all things. That really matter in the country. I go to breitbart every single day. Just to kind of get an idea of what is happening in the country also hosts Breitbart News daily, and that is his podcast. Alex, welcome back to the program. Charlie, I'm so happy to be here. Thank you for inviting me. Your set looks terrific. Thank you. I appreciate that. And lots of get into. So I want to ask you, Alex, we've been covering the raids that are happening in the country. By the government against the citizens right now, I want to ask a broader question, though, which is why are Democrats not adjusting any of their strategy, their messaging or their tactics. I mean, they see the polls, they see that people are uneasy, why do you think that is? I think that the reason why they're not adjusting right now is because they actually need to maintain that base. The only people who like Joe Biden at all now are people who are knee jerk hardcore leftists. The type of people who see $8 gasoline and they don't see it as a problem. They see it as a benefit. The people who see Disney grooming children into the trans cult. They see that not as a negative, but as a benefit. They don't care about blue chip stocks and where things are in the with your 401k. They never cared about that stuff. They care about they're really to sacrifice money. They're willing to even sacrifice a vote. So long as they can advance the culture. They think that's the long game. We're seeing it in our academia in our academia Charlie as you know better than anyone, but the long march through the institution just completely gutting ravaging our schools right now. And I think that's why I don't think Biden has any chance at appealing to anyone at all right of center. And the center has been gone for

Alex Marlow Breitbart News Alex Breitbart Charlie Joe Biden Disney Biden
Retirement Research Director:  Plans Have Lost $3.4 Trillion Since January

Mark Levin

01:17 min | 3 months ago

Retirement Research Director: Plans Have Lost $3.4 Trillion Since January

"Alicia munnell director of the center for retirement research at Boston college wrote in a blog this week that retirement plans ready Have collectively lost upwards of three $1 trillion since just the beginning of January The coronado's latest date of 401k plan participants have lost about 1.4 trillion from their accounts IRAs have lost 2 trillion since the end of 2021 Good God So basically the federal government spent trillions and you've lost trillions Main Street is filling it too One woman told Fox business her 401k has been decimated To the point that she is now wondering if her plans for starting her golden years might need to be delayed Yeah I think so A trader works on the floor of the New York stocks exchange in New York It's horrible I mean I was thinking I might be retiring you know in the next year or two and now I don't I don't know what I can do that They're not doing too good right now Another man said of his investments We've been losing a lot of money

Alicia Munnell Center For Retirement Research Boston College Federal Government FOX New York
Stock Market Declines, Retirement Accounts Lose Value

Mark Levin

01:28 min | 3 months ago

Stock Market Declines, Retirement Accounts Lose Value

"Retirement accounts You have a 401k You have an IRA You have some kind of a retirement account Well as Fox reports today stock market declines from the beginning of the year have amounted to trillions Trillions of dollars in losses for retirement accounts and Americans are feeling the pain trillions When investors get their 401k statements in the next few weeks they're going to be hit with some very bad news Excuse me The S&P 500 now look most of us don't know what to have even means and NASDAQ and I got all that But you know when it's dropping like a lead balloon that's trouble The S&P 500 The broadest measure of U.S. stocks is down 21% The NASDAQ nearly 30% The Dow Jones down 16% and that's only so far this year An Americans are seeing the value of the retirement accounts dwindle Along with these deep drops Stock market declines have pummeled the retirement accounts of Americans in the first half of 20 22

FOX U.S.
Stock Market's Fall Has Wiped out $3 Trillion in Retirement Savings

Mark Levin

00:48 sec | 3 months ago

Stock Market's Fall Has Wiped out $3 Trillion in Retirement Savings

"CBS News the U.S. stock market route that has put U.S. equities in a bear market Isn't just reducing the net worth of billionaires It's also taking a toll on Americans retirement savings wiping out trillions of dollars in value You already know this don't you So where is the congressional hearing on this Where is the congressional hearing on this The sell off has a race nearly 3 trillion from U.S. retirement accounts According to Alicia munnell director of the center for retirement research at Boston college By her calculations 401k plan participants have lost about 1.4 trillion from their accounts since the end of 2021

U.S. Cbs News Alicia Munnell Center For Retirement Research Boston College
Glenn Beck Explains Who BlackRock, Inc. Is

Mark Levin

01:45 min | 9 months ago

Glenn Beck Explains Who BlackRock, Inc. Is

"I mean John Kerry is a very big role player in this here in America The Federal Reserve is gigantic in it The Federal Reserve has one of the tear people of BlackRock Advising the treasury the Federal Reserve has BlackRock in it Some people are president BlackRock is probably the biggest investment firm out there It dwarfs Goldman Sachs Most people haven't even heard of BlackRock They are the ones that are going out right now and buying houses 50% over asking price They are the ones who came up with what's called ESG environmental social and governance scores which everyone will have You already probably have one If you're with one of the big stock brokers if you look at your 401k it will probably report an ESG score That score is what's going to allow you to work to eat to move to buy things to bank because if you have a low ESG score if you're not high on social justice if you're not high on global warming or your business that you work for or you run doesn't have the right governance doesn't have enough women or blacks running it then you aren't going to be able to do business with the banks They will find you as a risk That's the thing that BlackRock has

Federal Reserve Blackrock John Kerry Goldman Sachs Treasury America
It's Critical That You Invest in the Market

The Trish Regan Show

02:33 min | 9 months ago

It's Critical That You Invest in the Market

"More. But what I wanted to talk to you about today is you. It's too easy, I think, in light of everything that's going on in terms of our frustration, perhaps at times with our federal government, and in many cases, hey, if you live in California, you probably with your local government as well. But when we get frustrated with our federal government, it's too easy to kind of throw in the towel and say, you know what, I don't want to be invested. I don't want to be invested in this market because I don't believe in what's happening. And this is sort of what I want to talk to you about today is reminder that it's critical, especially in light of some of the mistakes that our federal government is making. As it pertains to inflation, it's critical that you are invested and you are looking out for your future and you're looking out for number one and your family. And it's very easy to say, okay, well, you know, because there's so messed up, I don't want any part of that, but if you don't take part in the system, then the system can actually work against you. And by that, you know, I mean, even inflation, we look at all the data that's coming in. And it's really and truly it's your everyday Americans, the very people, by the way, the federal government keeps claiming to want to help. It says everyday Americans that get hurt most by inflation because when gas prices go up, when food prices go up when housing costs go up, these are the people everyday Americans poor Americans that are most affected. So how do you, how do you make sure that even if you're earning a very modest living that you don't get trapped in that? And for me, it goes back to really being thoughtful about your planning for your future about retirement planning about making sure that you're putting your money. If you work for a company and you have a full-time job into that 401k oftentimes, of course, they have a company match, so it's like free money. It grows tax free. I mean, these are sort of no brainers. Personal finance one on one that you should be doing. And I hope you're doing, but also beyond that, what can you afford personally? What can you put away for yourself and your family? And I think that you need to go back to basics. I always say, I mean, look at companies that you like companies that you use, companies you're interested in and start doing research on those. Or, if you don't really want to even get in that far, you can invest in index funds. Just make sure everything's diversified. Do me that favor. I like to be able to sleep at night for you. So make sure you have a diversified

California Federal Government
Sebastian Asks Rep. Claudia Tenney 'Are We Winning?'

America First with Sebastian Gorka Podcast

03:45 min | 11 months ago

Sebastian Asks Rep. Claudia Tenney 'Are We Winning?'

"Welcome back to one on one with none other than congresswoman Claudia tenney. Claudia. Let me blow your trumpet politely. When you came in into the studio earlier today, you know, we get politicians in the studio. You know, the good guys and good girls come in here. And the remarkable thing about them, especially in your cases, you come in, I say, would you like a coffee would like anything last? And then I got out of the studio to get you a bottle of water. And I'm looking everywhere in the green room. Where's her retinue? Where's her entourage? Is a member of Congress. Where are the Strata? Where are the PR people? And there's nobody. So this just reinforces for me why you're the best example of what we need in America, not career politicians, like Nancy like charcot who have been around for decades, but people who see themselves as Americans representing their fellow Americans, I'm going to ask you the question I asked all of the good guys and gals. Are we winning? Is that side? Is it burgeoning? Is it growing? You know, the freedom caucus the people who don't want to say this way. I went to the members dining room to have lunch with a couple of supreme caucus people. And I asked them, is it as bad on the inside as I think it is from the outside? And one of them said, you know, the trouble is even in the GOP, 30, 40% of us, they just want the job. They want the chairmanship with the chauffeur driven limo and they want the office with the fireplace. You do not represent that to me. So who's winning? Who's in the driving seat? What's the power relationship between The Old Guard and the citizen politicians like you? You know, it's a tough crowd. I'll tell you it's a funny story. Look at I had to fight against the establishment in both parties just to get elected to the state assembly. I had to defeat the county chairman. Wow. And so they were all working against me. And they always have. I never got endorsed by our local party. The Republican Party, running for office ever until after I was elected to Congress. So you won without any endorsement. No, I had to run a primary had to put my own team together, so I know what it's like to be, you know, I'm also a lawyer or a business owner. I know what it's like to, but I'm trying to do, I'm trying to stand for our country and stand for our small business community and what we need to do. I don't see myself as part of a group or other than I want to represent my constituents. I'll tell you funny stories. When I first got into the state assembly, I remember this old time assembly member who had here I am coming from the private sector. I don't know what pensions are. I don't know any of this stuff. And you know, I'm all worried. I could care less if I, you know, use a folding chair and have a folding table. I mean, it doesn't really matter any of that stuff. And so this one person came up and said, oh, I can't believe, you know, we were minority members, Republicans, and the Democrats were in the majority, and they said, did you see the Democrats got all new mahogany deaths to new computers? And we should have mahogany desk. I'm like, no, you shouldn't have a haggy desk. We don't need that stuff. We need to govern. We need to understand the taxpayers. And I love the Jeffersonian idea. I mean, we are not supposed to be doing these jobs forever, which is why one of my first bills when I got into the assembly was, let's take all the politicians who are elected and appointed off of the pension system and put them in a 401k case to system because if you're going to serve and you want to you shouldn't have to leave and not be able to at least contribute to your own retirement, because I was really these non contributory pensions and then and of course that was not met with much approval. An old friend of mine, Mike Fitzpatrick, Fitzpatrick and the assembly. He was part of it, too. You know, what are we doing? How are we in a position where we're benefiting from something we're

Claudia Tenney Nancy Like Charcot Assembly GOP Claudia Congress Old Guard America Mike Fitzpatrick Fitzpatrick
Biden Admin Wants to Add Political Directives to Your Retirement Savings

Mark Levin

01:27 min | 1 year ago

Biden Admin Wants to Add Political Directives to Your Retirement Savings

"And looking at this Department of Labor proposes roll to add political directives to retirement say to this Fox News this is how they destroy us And destroy you and everything of value They use the power of every federal office division unit administration department every corner of the vast bureaucracy Not just to push their agenda but to impose their agenda they use our tax dollars they use the law they use the regulatory power they abuse it again To impose their will on us While Democrats in Congress negotiate over trillions of dollars in new spending this is actually The Wall Street Journal the Biden administration is quietly advancing its agenda through regulation Witness a little notice proposed rule last week by the Labor Department that will add new political directives to your retirement savings They're going to add political directives to your IRA 401k whatever you have directives The administration says the rule will make it easier for retirement plans to offer 401k funds focused on environmental social and governance objectives they're doing this in our corporations In fact the rule will coerce workers and businesses into supporting these American Marxist policies Do you hear

Biden Administration Department Of Labor Fox News The Wall Street Journal Labor Department Congress
Pelosi Is Planning a Going Away Party With Your Money

The Hugh Hewitt Show: Highly Concentrated

01:42 min | 1 year ago

Pelosi Is Planning a Going Away Party With Your Money

"Big story of this week in washington. Nancy pelosi is trying to spend not only your money and your kids money. Trying to spend your grandchildren's money and your great grandchildren's money three and a half trillion dollars. And she said she intimated she'd settle for two and a half join or two trillion over. We haven't got it. It'd be the most inflationary destructive expansion of the welfare state destroying incentives of work destroying family structures. She's on a rampage because she's questioned a lame duck. She's out of here and she wants a big going away party with your money. She just wants a boy. Didn't she. get something big done. Same thing joe biden. These legacy hunters are destroying our legacy to our kids by eating up. One thing they're doing is raising stepped up basis erasing stepped up basis. So few saved your whole life. You paid off your house. You happen to live in new york or california or florida. Someplace for houses appreciated. You did it the old fashioned way you paid off your student loans you bought about house you paid it off it's appreciated value you've saved money and your 401k. Nancy pelosi wants to take your money and the long relied upon rule. That when you die your house goes to your kids and they can sell it tax. Free that rules go away. It's called stepped up basis. Shame with a small business. They want to rewrite the tax code in the united states in the dark in a committee that you have no idea about run by an old acquaintance of mine jim mcgovern the most liberal effective member of the house. You'll probably be the speaker. I think he'll jump hoyer become the speaker. And that's unless kevin mccarthy wins and we should win. But i'm well. That's the big story of the week

Nancy Pelosi Joe Biden Washington Florida California New York Jim Mcgovern United States Hoyer Kevin Mccarthy
Understanding Total Compensation for New Job Opportunities

Clark Howard Show

02:07 min | 1 year ago

Understanding Total Compensation for New Job Opportunities

"You're working from home do you know. Is the company you work for your boss spying on you. Wait till you hear how much that's going on. So i've been talking to people who've been using the advantage of the labor shortage to bid up their pay going usually to a new place to work. But there's an aspect of this. This come up twice recently in my conversations with people that i want to discuss with you and that is the pay alone is not the only thing you should be looking at when you're looking at new job opportunities that the marketplace is offering you right now so what else matters all right so you worry about what. The monthly paycheck is what the pay is per week or per hour. Whatever and that's what most of us tend to focus on because we're thinking about our bills but let's work even medium-term what other things matter so a hidden way that you get compensation is with the health benefits. You're offered by place if you're working one place this paying you less per hour but they offer you. Employer paid health coverage or overwhelmingly employer paid health coverage. That's worth a lot of money to you. If the next place you go doesn't offer health coverage or offers minimal subsidy. There's a lot of additional money you're having to lay out every month. What do they do about a retirement benefit do they offer a big match on a 401k. Do they offer good 401k plan. What's your promotion potential with that company. I mean i really want you to think about wider than just the paycheck.

Lawmakers in the House Narrowly Approved a $3.5 Trillion Budget Blueprint

NPR's Business Story of the Day

01:41 min | 1 year ago

Lawmakers in the House Narrowly Approved a $3.5 Trillion Budget Blueprint

"Slash 401k. House speaker. nancy pelosi yesterday kept her democratic caucus together to advance. The party's three point five trillion dollar budget framework. But the hard work of deciding. What exactly will be in that budget. Bill remains ahead pelosi herself not at at some of the future challenges. This legislation will be the biggest and perhaps most controversial initiatives that any of us have ever undertaken in our official lives before members of the house left town. They also passed voting rights legislation named after the late. Congressman john lewis. Npr congressional correspondent. Kelsey snell is here. good morning. good morning so kelsey. We spoke yesterday and democrats. Were stuck with moderates refusing to go along with speaker. Nancy pelosi's plan to advance these bills. How did she get this massive budget framework to move forward. We'll pull up has been seeing since june that there would be. No vote on the bipartisan infrastructure. Bill until the senate passed a separate three and a half trillion dollar partisan spending package so centrists were willing unwilling to sign onto that and they successfully lobbied to get a specific date. September twenty seventh as the official date that they will get a vote on the bipartisan bill. Regardless of what happens with that partisan bill now that is a victory for them in the sense that they were able to separate the two issues and give themselves an opportunity to you know have a test to vote on infrastructure if democrats are not able to come together on that very complicated process of writing

Nancy Pelosi Congressman John Lewis Kelsey Snell Pelosi Bill Kelsey NPR Senate
Understanding 401k Loans

Optimal Finance Daily

02:10 min | 1 year ago

Understanding 401k Loans

"Half of all. Us workers participate in their employer's retirement plan about fourteen percent of those with 401k's borrow money from them understanding 401k. Loans is important both for those who already have alone and those who are contemplating getting one borrowing limits according to the irs. You can borrow up to fifty percent of your vested. 401k ballons or fifty thousand dollars. Whichever is less if you're vested balance is less than twenty thousand dollars. You can borrow any amount up to ten grand vested means you own it for employer matching funds that can take up to five years you are immediately vested in all funds that you put into the plan interest payments one of the unique features of a 401k. Loan is that you pay interest to yourself when you borrow money such as a home mortgage or an auto loan. The interest is paid to the lender when you borrow money from your 401k. You are the lender all interest paid comes right back to you and goes into your 401k account. Awesome right not so fast. Opportunity cost in the financial world. There's a concept known as opportunity costs opportunity. Costs is the loss of potential gain when one alternative is chosen over another in other words. It's what you would have received. Had you done something other than what you did. For example if back in the year two thousand you bought a carton of cigarettes instead of investing the money and amazon. The opportunity cost is sixteen hundred dollars what that can't be right. A carton of cigarettes today is about seventy five dollars adjusted for two percent annual inflation in two thousand. It costs fifty dollars in two thousand one share of amazon stock. Cost one hundred dollars today. It's worth thirty two hundred dollars when you borrow money from your 401k. The opportunity cost is the investment return. You would have earned. Had you left that money where it was over time. Investment earnings become earnings on earnings or compound interest something albert einstein dubbed. The eighth wonder of the world

IRS United States Amazon Albert Einstein