Talk of The Villages Florida - View Single Post - Need Postponement of RMD (Required Minimum Distribution) Withdrawal from Retire. Acc.
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Old 03-23-2020, 06:33 AM
rustyp rustyp is offline
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I am opposed to postponement also. We all had time to rebalance the portfolio to minimize loss. That's the way free markets work. The news from overseas was out there long ago. For every buyer there must be a seller. Giving an investor a bailout will create false sense of security for the future and could result in taking more risks and overbuying - very similar to buying on margin which artificially drives up the market.