The 'Too Cheap Not to Own' Club
I often talk about being conservative as prices rise in the market -- because research and experience have shown that buying in a rising market severely limits returns for long-term investors. Generally speaking, you are better off putting money to work during selloffs. As I've often mentioned, as well, about once a year we'll see a good market pullback of 10% to 15%, and every three years or so we get one of those good heart-bounding declines of 20% or more. By and large, those are the times when you should put your money to work.
Of course, aside from all this is my oft-cited notion of stepping up and buying those stocks that are too cheap not to own, regardless of market condition or prognostication....591 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.