Hello! So glad to to have found this resource! I look forward to learning and hopefully sharing some experiences as i go! I am just starting to get my feet wet! I have been doing lots of research and am trying to figure out the best way to get started. I have been saving $ toward down on the purchase of my first investment property, but in order to build that faster I am considering reducing my 401K contribution from 9% currently down to 4% (company match). If can can take this excess $ every month and save to build a down payment it would get me there much quicker, and i know would result long term in a greater rate of return than the 401k. My only concern is this money will no longer be pre- taxed so the 5% i am skimming is now closer to 3% i would guess, and i just gave 2% to the government. My question is, is there a better way to take advantage of this money without so much loss to taxes? Maybe I am way off base? Thanks in advance for all your suggestions.
