FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- Lightning Round: Toyota, Ford, Colgate-Palmolive and More
- Lightning Round OT: Hudson City Bancorp, Duke Energy and More
- Is This the Next 3Com?
- John Mack: Hero of the Credit Crisis?
- Cramer: Buy This New Gold ETF
- Cramer Tackles Toll Brothers Report
- Lightning Round: Priceline.com, Citigroup, Transocean and More
- Lightning Round OT: STEC, ICICI Bank and More
- Herbalife Vs. Hedge Funds
- Cramer Jeers J&J, Applauds Abbott
Text Size 
As horrible as they may seem, sell-offs are inevitable, Cramer said. But instead of panicking when a downturn happens, investors should see opportunity.
There’s always a bull market somewhere, and there are opportunities in every market. That’s especially the case during a correction because stocks go on sale when the market drops. So instead of gnashing their teeth for not sidestepping a sell-off – an “amateurish pipedream,” Cramer called it – investors should take the chance to buy great companies on the cheap.
This is why Cramer recommended having at least 5% of a portfolio in cash. So investors are ready when it’s time to pounce. If stocks have had a bigger run than usual, meaning some type of correction could be coming, 10% might be better.
The bottom line: Big declines will always happen. But smart investors with readily available cash can take advantage of them.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes