Monday, January 19, 2009

Some Other Cramer Thoughts.

Some other thoughts from Jim Cramer's "Stay Mad For Life".

"The focus on short-term performance has infected pretty much every investor I know. You don't need to show good days, good months, good quarters or even good years. You need to show great wealth over many years. Invest for the long term."

"The best way to get your bond exposure is to buy into a bond fund rather than investing in individual bonds, provided that the fees are low....Investing in bonds is something that will always be necessary and boring. Outsource your bond-buying to a bond index fund and stop worrying about it."
Note: We have used and are continuing to use bond ETFs.