Originally Posted by
utahjeepr
We may or may not be at the bottom of the market right now, personally I think it is gonna drop another 10% or so before the country starts to get back on its feet. What we can be sure of though is that the market will recover. If you are currently down about 30% and withdraw that loan you will lose out on any recovery. I don't know what your interest rate is on your debt, but I bet it is a hell of a lot lower than 30%. Those would end up being some damned pricey automobiles.
My personal decision (not financial advise for others) was to take money I had in cash savings to fund my and my wife's Roth accounts and buy in now. Right now stocks are on sale at "fire sale" prices. I believe we will recover so I took advantage of the "sale prices".