Need advice! I need to pay for repairs at home. Which would be the best action:
1. Sell some stock in my ROTH IRA and take 2k out (part of after tax contribution last year)
2. Charge the 2k on a 0% credit card, but add on 3% coz of credit card processing fee by vendor.

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3. Call you mom, say ‘I love you, can I borrow 2000 dollars?’ Free

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Unfortunately for me, dont have a mom to ask that for 🙂🙂

CC. You can get some points or cash back too

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Probably not if they get cash from the card. If they charge it to a vendor possibly but not if you get cash, most points programs don’t work that way.

Credit card....don't touch retirement!

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You can take a loan off of your retirement account and that way you’re paying yourself back with interest rather than a company. If it was much more than 2k, I wouldn’t advocate for that because you’d be losing time in the market, but 2k is pretty trivial, you’d make it back in less than an year with the increased contributions you make to satisfy the loan in addition to what you already contribute.

I’d only do this if 2k was less than 10% of your retirement account value as well.

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It is less than 10% of my total retirement. I think i will do this! Thank you!

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