Friday, January 09, 2009

Jim Cramer On Stocks.

Words by Jim Cramer {Star of Mad Money on CNBC} on owning equities:

"There are lots of ways to own stocks. You can invest in individual stocks or you can invest in a mutual fund, a hedge fund or an exchange traded fund that owns stocks. Everyone should own stocks except for wealthy retirees who can afford to support themselves comfortably past the age of 100. Everyone who wants to get rich and stay rich must own some stocks. But not everyone should own individual stocks."