Dinner with Jim

[Robandcindy2]

So the girls are out for a yankee swap dinner at work.  So what the heck, I'll eat my burger with Jim in "Cra-merica".

Tonight was a very depressing episode following todays plunge of 392 points.  About 35 minutes into the show I just about choked on my salad as Jim said to a caller, "I'm going for yield.  It worked for me in 2008 and it will work now..."

Gee, Jim.....yield from dividend paying stocks....what a concept ...   

So DGI'ers....carry on!

Booooyah!

[Dividend Watcher]

<snort>

With that kind of advice from Cramer, I had to think twice whether I should sell everything. Of course, he's probably recommending mREITs, energy MLPs and lesser-known BDCs. Eeeek!

[Robandcindy2]

(01-07-2016, 07:38 PM)Dividend Watcher Wrote: <snort>

With that kind of advice from Cramer, I had to think twice whether I should sell everything. Of course, he's probably recommending mREITs, energy MLPs and lesser-known BDCs. Eeeek!

I actually had "Maybe I need to sell all my DG stocks ASAP..." and erased it.   Funny how you can react to Jimbo....

[Roadmap2Retire]

I always have the same reaction when Cramer talks about a company. Didnt someone build a portfolio and trade in and out of stocks as called by Cramer and found that something like 3/4 of the time he picked losers?

Edit: Found it - http://www.zerohedge.com/news/2015-10-22...72-stock-p

[Kerim]

(01-08-2016, 09:05 AM)Roadmap2Retire Wrote: I always have the same reaction when Cramer talks about a company. Didnt someone build a portfolio and trade in and out of stocks as called by Cramer and found that something like 3/4 of the time he picked losers?

Edit: Found it - http://www.zerohedge.com/news/2015-10-22...72-stock-p

That's awesome. Thanks! I wish they would keep it updated over time.