Perhaps. But, wouldn't one buy more at a near 15% yield? Assuming management delivers some results, this too shall pass and those with an appetite to buy into the histeria will be dramatically rewarded and everyone else can just keep cashing those monthly checks. What concerns me more is whether our government will change the tax advantages one day. Look at Roth IRA's. The government says, "pay us your taxes now to convert to a Roth and your money can grow tax-free for your lifetime and your children's." Well, now Obama has legislation pending that would force Roth holders to start taking minimum distributions at 70 1/2 which pretty much eliminates the advantage of a Roth.
IRA have followed the 70 1/2 rule for years. These accounts are for retirees. 77 is the expected life span of males today, so if you don't take something out, you may die and not benefit by your retirement funds. Just leave it to a bunch of spoiled and ungrateful kids? Why do that? Best gift to offspring is leave them small inheritances, so they will be forced to work and do something useful for society. So many rich children turn out to be worthless, if given too much money. Do we have to start naming names. Long list.