NOTE: You CANNOT re-balance your account until the DOW hits 14,000 again… let it ride until then.

Your 401k is your best friend. (I liken this to my mana vault) – see note below on double tax on loan repayments! doh!

• 2008 401k Contribution Limit: $15,500
• Loan repayment from money you've borrowed from your 401k does NOT count towards your yearly contribution limit. (according to our HR person at SSAI on 2007/12)
• You are DOUBLE taxed on any money you pay back via a loan… because you're paying into your 401k with post tax dollars, and then you get taxed again when you extract it (retire). OUCH!