Trust in the market leads to long-term gains, Jim Cramer says
On Tuesday, Jim Cramer from CNBC emphasized his belief that the market could be a vehicle for a long run and suggested investors to park their money in both index funds and growth stocks.
“We were blessed here with an enormous market, I know, Cramer Cramer said. “But it won’t always happen. You should learn to trust the market.”
According to Cramer, it will be wise to have a “bifurized portfolio”, including half of which are half -index funds and the other half, including a solid speculative investment and insurance investment such as gold or crypto currency. He suggested that a good stock portfolio needs insurance as a house or car does.
It is important to put at least some money every month, to stay in the market with short -term hiccups as well as continue to continue. He said that investors recommend their own quality growth stocks instead of entering and exiting companies and allowing the compounds of their gains.
Cramer also said he thought he had the opportunity to collect important prizes from the investments of existing young generations. He added that the process of making money is easier in the past and that people now have an investment and market knowledge richness at the end of their fingers.
He also referred to his new book “How to make money in any market“And he said he thought it was important to give information to young investors about the market because many of them are in the process of inheriting a large amount of money – and they tend to trade instead of investment for long distance.
“There are incredible stocks that can change and change your life for better.” He said.
