If Tuesday's stock market slide leaves you rethinking your portfolio, Jim Cramer doesn't want you to make a run for the door—not yet.
"You simply can't make enough money in any other asset class to be able to retire, without owning stocks," Cramer said.
And even though the decline may be giving you more pain than gain, Cramer thinks this simple rule can restore your confidence, even as you reach for two much-needed aspirins.
"Know what you own," he said. "Describe it to me. Tell me what it does, and why you bought it and give me a three-sentence pitch about why it's good." As long as you can articulate why your stocks are good stocks, Cramer thinks, you'll do just fine.