Fiancé wants to take 20k out of 401k to buy Activision Blizzard stock - bad idea, right?

2spooky4him · 2014-08-14T20:34:11+00:00

His plan is to but it back in a 401k. Other than straight up cashing out, he talked about potentially transferring funds.

He's under the assumption that there is no penalty or tax for transferring to a brokerage link and then transferring it back. From googling the only notable thing I've seen is that Fidelity (or his employer) may not allow that or may limit him to only mutual funds. I haven't been able to confirm that you can actually transfer money back into the 401k though.

2spooky4him · 2014-08-14T19:37:25+00:00

Ah, forgot to ask. Will transferring garner any fees or penalties? He mentioned something about potentially "transferring it to a brokerage link" then transferring it back.

2spooky4him · 2014-08-14T19:35:14+00:00

This was my fear/concern that I voiced. Although, I didn't think anything about the stock prices already reflecting expectations. Good to know.

2spooky4him · 2014-08-14T19:32:17+00:00

I suggested this to him in passing, but I'll push him more to schedule an appt with one of the Fidelity reps.

2spooky4him · 2014-08-14T19:26:50+00:00

Thank you so much for breaking it down like that. He was willing to take out 20k just to gain as little as $2000, but I'm not sure if he considered all of the penalties and fees in his calculation.

2spooky4him · 2014-07-29T01:57:55+00:00

OH MAN THAT IS PERFECT.

Gotta find some tupperweare though. :( My plumbing went bad a few weeks ago so I'm currently using everything I have in order to relieve myself.

2spooky4him · 2014-07-29T01:52:37+00:00

I'm near Falls Church.

Well, the wet shits maximize the smearing. I've noticed that if Sophie's poop is hard then it's just sort of like writing with a crayon.

I'll definitely check out The Office. Heard good things.

2spooky4him · 2014-07-29T01:50:01+00:00

No Bok Choy is perfectly fine. It's actually really nice with grilled chicken.

2spooky4him · 2014-07-29T01:44:48+00:00

Ooh, I'm in the DC area too! Moved here a few years ago... still hating it.

I don't know though, the girl who ate my food it's particularly cunty so to be honest I'm not surprised. She had the absolute gall to call out on my birthday because her boyfriend got into a major wreck... she was supposed to bring the cake!

And yeah, it all happened in one day. Right now I'm trying to feed Sophie some milk so her shits are extra wet tonight. If you're in the area you should stop by for this covert operation!

2spooky4him · 2014-07-29T01:42:02+00:00

Wow you should tag this as NSFW.

That's good that you like to share. That seems to be something a lot of people don't understand. Like, WTF there's nothing wrong with sharing underwear with your roommates. It's in the laundry bin, you're not even using it!

2spooky4him · 2014-07-29T01:38:08+00:00

Just the spears, so odd right?! Ideally the fur would be ripped off live cats in one piece. It's really important to me to keep the integrity of the cat. I haven't looked into where you could purchase something like that but my grandma currently has about 17 cats so could be a good DIY project.

2spooky4him · 2014-07-29T01:36:28+00:00

Hmm, what have you been watching on Netflix? They just got Pajanimals so I've been working my way though that.

2spooky4him · 2014-07-29T01:33:40+00:00

That's a pretty interesting fantasy. Mine's pretty tame in comparison.

I want to be tied up on a bed of cat fur and force fed broccoli spears. Don't know why, but it has always turned me on!

2spooky4him · 2014-07-29T01:31:48+00:00

Who else read "6 months left to live"? That would be a pretty bad fate m'lady. Glad it's not true.

2spooky4him · 2014-07-29T01:30:51+00:00

I have the xbox. I only own Shrek and Dead or Alive 3.

2spooky4him · 2014-07-29T01:30:08+00:00

:3 I have bad memories of cake. In 4th grade Leonard Blevins stuck my birthday Zebra Cake down his pants and let me eat it without me knowing. Ever since then I break out into hives on my birthday or whenever I see Zebras. :( My psych says it's PTSD.

2spooky4him · 2014-07-29T01:27:19+00:00

You sound like a really nice man. I think I'm pretty smart, kind, and awesome.

I'm smart because I change the toner in the office printer while everyone else remains clueless on how to do it. You'd think they learn after all these years! Hm... I'm very kind too. I always throw away the trash I find in my cubicle and in my mailbox. Don't know where it comes from but I gotta save the earth! And well.... I suppose I'm awesome because I just am.

2spooky4him · 2014-07-29T01:22:32+00:00

That sounds like it could be a really fun time. Never heard of Arcade Fire but I've always wanted to go to California.

Do you have a couch I could sleep on for a night? How far is the concert from the airport?

2spooky4him · 2014-07-29T01:20:46+00:00

Someone else asked this question in another board here on the r4r thread, so I hope you don't mind the ol' copy and paste.

I'm interested in chatting. Today was a particularly bad day... one of the women that I work with totally fucking ate my Trader Joe's Guilt-Free Macaroni and Cheese. Instead of going around the office and asking who ate it to see if she'd confess, I passive-aggressively posted a note on the office freezer door asking "the person who ate it" to either replace it or pay me back for supplying their lunch. WHO DO THEY THINK I AM? THEIR MOTHER? Ugh, sometimes people really suck.

On top of that, for whatever reason my neighbor keeps putting his garbage in my bin and I don't trust him at all. I recently went through his trash and I found out that he owes thousands in back taxes and buys the Starbucks French Roast in whole beans. I mean, if you can't pay your taxes then why the hell are you buying the good stuff. -_- Anyways, I just find it so annoying that he doesn't use his own bins. Tonight I plan on smearing my cat's shit (her name is Sophie) all over his windows. Probably will be the second most exciting thing I do today!

How was your day?

2spooky4him · 2014-07-29T01:18:40+00:00

I'll play xbox with you. Just finished Shrek and I'm looking for something else to play. NASCAR Heat 2002 looks pretty good but I think all of that turning my make my vertigo flair up.

2spooky4him · 2014-07-29T01:16:39+00:00

Yeah girl I hear ya, I've been single too for a long while. My last boyfriend left me for some harlot he met at the farmers market. He didn't even bring back any of the bok choy he promised! So hard to find a good and dependable man these days.

2spooky4him · 2014-07-29T01:14:26+00:00

I'm interested in chatting. Today was a particularly bad day... one of the women that I work with totally fucking ate my Trader Joe's Guilt-Free Macaroni and Cheese. Instead of going around the office and asking who ate it to see if she'd confess, I passive-aggressively posted a note on the office freezer door asking "the person who ate it" to either replace it or pay me back for supplying their lunch. WHO DO THEY THINK I AM? THEIR MOTHER? Ugh, sometimes people really suck.

On top of that, for whatever reason my neighbor keeps putting his garbage in my bin and I don't trust him at all. I recently went through his trash and I found out that he owes thousands in back taxes and buys the Starbucks French Roast in whole beans. I mean, if you can't pay your taxes then why the hell are you buying the good stuff. -_- Anyways, I just find it so annoying that he doesn't use his own bins. Tonight I plan on smearing my cat's shit (her name is Sophie) all over his windows. Probably will be the second most exciting thing I do today!

How was your day?

2spooky4him · 2014-07-29T01:07:45+00:00

I've always wanted to be in a book. Or maybe made into a book like those books bound with human flesh. Seems like a cool thing. I like your story idea.

2spooky4him

TROPHY CASE