Thursday, August 8, 2013




CNBC Article--Quotes from Cramer

I must admit that I'm not a fan of Cramer.  I think he is a wonderful entertainer and a master self-promoter, but I seldom agree with his short term investment advice...however when he begins to talk about real long term investment strategy in retirement accounts, he sometimes spouts genuine wisdom.... Here's an excerpt from a recent article (link to complete article above.)

What should you buy in your IRA?

 "Your best bet here is to own high yielding dividend stocks that provide protection and generate income. The goal here is to be able to reinvest your dividends and let them compound year after year after year without paying any taxes until you withdraw your money at the very end, a terrific recipe for producing huge long-term returns."

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