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Yes you can always withdraw the principal from a Roth IRA with no penalty.
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Wow, this is absolutely the worst advice I've ever seen!
RedBean,
I don't know how old you are, but I'm guessing you're not 59 1/2 yet. Therefore you will be penalized for taking premature distributions from your Roth IRA unless you meet certain requirements on what the money is used for. Here is some more information:
http://www.irs.gov/taxtopics/tc428.html
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That's not advise, it's a statement. A correct statement at that. He's not taking a distribution, he's just withdrawing principal. There's a difference.