And diversification is a good way to weather the storm.
"If your portfolio is properly diversified, then you can handle just about any setback," he said. "You can come back from any financial disaster."
Of course that begs the question - how do you properly diversify?
Although the process can be involved and complex, Cramer has simplified it to a few key rules.
"Make sure that no one sector or segment of the economy accounts for more than 20 percent of your portfolio," he said.
Also, Cramer said to spread out investments into five distinct areas; gold, a dividend-paying stock with a high-yield, a growth stock, a speculative play and a foreign play. Read More: 5 Things That Should Be in Your Portfolio Now
"Cover these bases and you'll have a portfolio that can win in any market," Cramer said.
-----------------------------------------------------
Read More from Cramer
The Right Price: Cramer's Buy Strategy
5 Things That Should Be in Your Portfolio, Now
Company 401(k) Plans - The Dirty Secret
-----------------------------------------------------
Call Cramer: 1-800-743-CNBC
Questions for Cramer? madmoney@cnbc.com
Questions, comments, suggestions for the Mad Money Web site? madcap@cnbc.com
Source: http://www.cnbc.com/id/49482847/Jim_Cramer_Always_Heed_This_Investing_Credo
matt bomer westminster kennel club dog show jeremy lin game winner chocolate covered strawberries shrimp scampi kate upton si cover lobster recipes
কোন মন্তব্য নেই:
একটি মন্তব্য পোস্ট করুন