Sorry, the page you requested could not be found

Sorry that you couldn't find the page you wanted.

Here are a couple of ways that can help you find that information successfully.

Content Search:

Quote Search:

(Stocks, ETFs, Mutual Funds)

TheStreet Directory

Dow Jones S&P 500 NASDAQ 10-Year Note
10,441.12 1,109.18 2,206.91 35.96
Oil *
73.64
DOWN
10.88
UP
1.25
UP
5.86
DOWN
0.07
10 Yr
3.60%
SPDR Gold
111.59
-0.10%
+0.11%
+0.27%
-0.19%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Sorry, the page you requested could not be found

Sorry that you couldn't find the page you wanted.

Here are a couple of ways that can help you find that information successfully.

Content Search:

Quote Search:

(Stocks, ETFs, Mutual Funds)

TheStreet Directory

Dow Jones S&P 500 NASDAQ 10-Year Note
10,441.12 1,109.18 2,206.91 35.96
Oil *
73.64
DOWN
10.88
UP
1.25
UP
5.86
DOWN
0.07
10 Yr
3.60%
SPDR Gold
111.59
-0.10%
+0.11%
+0.27%
-0.19%
Data delayed 20 minutes

More From TheStreet

Latest Headlines


RealMoney.com : James J. Cramer


Patriotic Buying: Five Rules to Follow

By James J. Cramer

09/16/2001 08:03 PM EDT

ReadMore
Click here for the latest from James J. Cramer.
You want to buy because you think it is patriotic. You want to buy because you want to show that America is strong. That might be a good bet, in that it makes you money, short-term. But, please, if that is your instinct, let's do it right.

First, don't do it without limits. If you are going to buy an individual stock, put some limit on it. We are going to be in an extremely volatile market and I don't want you to be picked off by machines that might be moving stocks faster than you can imagine.

Second, space it out. If you want to buy because it is right, and you want to buy 500 shares of, say, General Electric (GE:NYSE - news - commentary - research) , buy 100 shares a day. Don't put the trade on all at once. That would be a big mistake.

Third, if it is a statement you want to make, and you want to cut the risk of individual stocks, why not buy an index fund? I have used the Vanguard S&P 500 fund as an investment -- low fees, good service. That way you won't be betting on one stock that turns out to have too much exposure to the tragedy.

Fourth, if you don't have to act on Monday, don't. Things will get progressively better throughout the week -- meaning more organized, less chaotic, and I think that better opportunities to take financial action will occur later.

Finally, while this tragedy will most certainly hasten the recession with which we were already flirting, it will also hasten the recovery. The rebuilding project, and the galvanized nature of the American people might spur the growth that has been so elusive for so long.




James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for the network of TSC sites and serves as an adviser to the company's CEO. Nonstaff contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. While he cannot provide investment advice or recommendations, he invites you to send comments on his column to jjcletters@realmoney.com.
Read our conflicts and disclosure policy.
Order reprints of RealMoney.com articles. Top



Click to change or update chart Click to change or update chart Click to change or update chart

WorldInvestorTile



Sorry, the page you requested could not be found

Sorry that you couldn't find the page you wanted.

Here are a couple of ways that can help you find that information successfully.

Content Search:

Quote Search:

(Stocks, ETFs, Mutual Funds)

TheStreet Directory

Dow Jones S&P 500 NASDAQ 10-Year Note
10,441.12 1,109.18 2,206.91 35.96
Oil *
73.64
DOWN
10.88
UP
1.25
UP
5.86
DOWN
0.07
10 Yr
3.60%
SPDR Gold
111.59
-0.10%
+0.11%
+0.27%
-0.19%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Sorry, the page you requested could not be found

Sorry that you couldn't find the page you wanted.

Here are a couple of ways that can help you find that information successfully.

Content Search:

Quote Search:

(Stocks, ETFs, Mutual Funds)

TheStreet Directory

Dow Jones S&P 500 NASDAQ 10-Year Note
10,441.12 1,109.18 2,206.91 35.96
Oil *
73.64
DOWN
10.88
UP
1.25
UP
5.86
DOWN
0.07
10 Yr
3.60%
SPDR Gold
111.59
-0.10%
+0.11%
+0.27%
-0.19%
Data delayed 20 minutes

More From TheStreet

Latest Headlines