Are You Diversified?
By: Carlo Dellaverson | Web Producer
Cramer calls this “perfect diversification,” although he would swap out of Starwood and get into Wyndham , which is cheaper. Kohl’s is good, but JC Penney is better, and he prefers Time Warner or Discovery
Here’s the problem: Cisco and Nokia are both tech. Cramer would ring the register on Nokia and buy a healthcare company like Inverness Medical.
“You have a dynamite portfolio.” Cramer would swap WaMu for Bank of America in the interest of safety, but these holdings are the “essence of diversification.”
Even though NYX is the single most-hated stock Cramer has even seen, this portfolio is definitely diversified.
Questions for Cramer? madmoney@cnbc.com
Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com
If this market is making you seasick, you are not alone. Up 150, down 250. You're confused. You're apprehensive. You're thinking about bailing out all together. Don't do it. Stay in the game, but more importantly, stay diversified.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
.160x105.jpg?v=1371666071 "Pros Making Insane Mistakes")
.80x60.jpg?v=1371666071 "Cramer: Pros Making Insane Mistakes")
