u/SwishaHouse87

I know the general consensus is that 401k loans are a bad idea but I have some questions about it and need convincing why it's a bad idea vs paying interest to a bank.

I'm 39 and my only current debts are my mortgage @ 2.5% and a 0% loan on a tractor which will be paid off in a few months. My vehicle and my wife's vehicle are both paid off. I need to buy a new car so I'm considering a 35k loan to pay for it. I set a strict cap at 35k because I want something that will last a very long time but I don't need to overspend. The options I'm considering are 4.59 from my bank or 8% from my 401k.

I know that the biggest turn off for 401k loans is taking away money that could be gaining interest. I have a very steady job and have no worries about losing it. My employer matches 100% of 6% which I'm currently contributing 12%. I also have a pension plan through my employer. I max a Roth IRA every year, have an individual brokerage account and a HYSA. I also collect retirement from military service, so while withdrawing money from my 401k is a huge turn off (which I agree with, I'd rather not if it doesn't make sense), my finances in retirement will still be fine.

My questions about 401k loans... I understand that I will just be paying myself back with interest. If I withdraw 35k @ 8%, does that 35k + 8% go back into my 401k, or is the 8% interest more like a fee to where I will only be putting back 35k (without the 8% even though I'm paying it) into my account? It doesn't make any sense to me why the 8% wouldn't go into my 401k but just want to verify. I did confirm through vanguard that I can still make additional contributions to my 401k while I am paying off the loan. With this option I think the (only) positive side is that I'm paying interest to myself instead of a bank

Or the other option, go through my bank and get a 4.59% loan and be paying them the interest. With this option that 35k that I didn't withdraw from my 401k will continue to make ~12% (as of right now) growth.
As I'm typing this I think I answered my own question. It makes a lot more sense to pay interest to a bank at 4.59 and leave my 401k alone so that 35k continues to grow by ~12% instead of taking it out and paying back in small increments. ????

Since I know someone will chime in about buying a new vehicle, ive ran the numbers and made my mind especially considering the state of the used car/truck market for anything halfway decent.

Just curious if anyone ever uses the applewood or other wood flavored kingsford briquettes when smoking on a kettle using the snake method, or if it's pointless and you get a better flavor using kingsford OG briquettes and some chunks of hardwood spaced along the ring. Had a successful smoke of a 10 lb shoulder a couple weeks ago and doing another one tomorrow for some friends. Haven't seen them mentioned on here very much and I didn't even know it was a thing until I went to the store for my charcoal. Will probably just go back to Costco for more of the kingsford professional unless someone can talk me into using the applewood briquettes (chunks of hardwood would still be used)

Going to try my first pork butt tomorrow. Wife brought home a 10 lb bone in shoulder, they didn't have anything smaller. I'm concerned about the snake not burning long enough. Has anyone here cooked a butt this size using the snake method? Just stack the snake taller than normal? Thinking about cutting it down to 8 lbs if I need to. I ordered a ThermoWorks thermometer during the 4th of July sale but unfortunately isn't here yet so it will just be a lot of trial and error and going off the Weber thermometer for grill temp (I did add one underneath the vent). I have a probe thermometer that I'll use to check the meat periodically, Was just hoping to be able to monitor the grill temp during the whole cook without staring at the grill. Just using kingsford briquettes and some apple smoking wood chunks

The plans I'm following have OSB on top of the rafters, then underlayment, then shingles. I'm planning on using metal roofing panels instead of shingles, do I still need to use OSB and underlayment? The only other shed I've built is an 8x20 firewood shed, where I put some purlins on the rafters and screwed the metal roofing directly to the purlins. This roof doesn't leak, but it has also never been a concern since it is only firewood. The shed I'm wanting to build is for general yard equipment and miscellaneous storage

Looking to see if anyone has had a similar issue. Ive only put 5 or 6 tanks of gas through it. It will bog down and die in the middle of a cut, almost like the carb is flooded, and won't start back up. This will happen just in a 60F degree day. I understand why the starting issue happens if the saw shuts off with the RPMs high, but the same issue will happen if I'm making a cut and let the saw idle down before killing it which is what I always do. I have a 462c that I bought in ~2019/2020 and this hasn't been an issue. Any ideas? The little winter/summer tab on the intake is in the correct position based on ambient temp, air filter is clean, chain is sharp.

My son's coach pitch coach has done a phenomenal job. He's very knowledgeable and has done an incredible job so I want to get him an end of season gift. I've narrowed it down to a laser engraved wooden bat that his name, the teams name, and team logo. I also have the option to have every kids name and number engraved on the bat, but I'm thinking of just having the kids write their name and number using a sharpie. To me, the sloppy kids handwriting will remind the coach of where his players were at in life when he coached them. Coaches...would it mean more to you if the kids wrote their names using a marker, or if the bat had their names neatly engraved, when you look at the bat years from now.

Brief background without getting too deep...one of my good friends from my USMC platoon circa 2011/12 has been going through a very rough time. He lives thousands of miles away but we still talked regularly on the phone. His life is in shambles, he got into some legal trouble, and was self medicating to cope. He got hooked on 7oh and couldn't stop despite trying and me doing the best I could to encourage him. He had court approaching (DUI related) and was convinced he was going to prison and told me he was going to khs instead of getting locked up. I kept trying to talk him down but he wouldn't listen and kept mentioning he was going to end it. I ended up calling the hotline on him after we hung up. He sent me a long text basically blowing up on me telling me to fuck off after he got off the phone with them, convinced that they were going to come retain him and put in a psych ward because of the phone call I made. I always assumed the hotline was just a friendly voice/therapist that would talk to you over the phone. I figured it was just the drugs talking when he blew up on me but it has me curious, do they retain people and get law enforcement involved? I didn't give the hotline a ton of info other than he's facing legal trouble for alcohol related charges and that I was worried about him. I didn't have anyone else to call and feel like I betrayed him because I know that's how he feels. It's been a couple months since we talked, I'm not sure if he's in jail or what's going on

Brief background without getting too deep...one of my good friends from my USMC platoon circa 2011/12 has been going through a very rough time. He lives thousands of miles away but we still talked regularly on the phone. His life is in shambles, he got into some legal trouble, and was self medicating to cope. He got hooked on 7oh and couldn't stop despite trying and me doing the best I could to encourage him. He had court approaching (DUI related) and was convinced he was going to prison and told me he was going to kill himself instead of getting locked up. I kept trying to talk him down but he wouldn't listen and kept mentioning killing himself. I ended up calling the hotline on him after we hung up. He sent me a long text basically blowing up on me telling me to fuck off after he got off the phone with them, convinced that they were going to come retain him and put in a psych ward because of the phone call I made. I always assumed the hotline was just a friendly voice/therapist that would talk to you over the phone. I figured it was just the drugs talking when he blew up on me but it has me curious, do they retain people and get law enforcement involved? I didn't give the hotline a ton of info other than he's facing legal trouble for alcohol related charges and that I was worried about him. I didn't have anyone else to call and feel like I betrayed him because I know that's how he feels. It's been a couple months since we talked, I'm not sure if he's in jail or what's going on

I'm trying to find an easy to use iPhone app where I can remove part of one photo and then paste it on a different photo. I have a picture of some friends and I want to cut out their faces and then paste them on a different picture. I tried googling this and none of the suggested apps were very user friendly and way too complex for wanting to do this simple task. Anyone have any suggestions?