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You Ask, Cramer Answers
12/26/07 - 08:39 AM EST
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On Stockpickr Answers, Jim Cramer recently responded to a new batch of questions posed by members of the Stockpickr community. Anybody can ask, respond or comment at Stockpickr Answers; the top responders get ranked in our "Top Analysts" section. Here are a few of the questions to which Cramer recently responded. (Note: You may have to scroll through several answers to see Cramer's.)
- I'm 18 years old and will be leaving for two years in May. I'm looking to put my assets into the correct long-term plays, with about 10% being divided between Citigroup (C) and Wachovia (WB). ... I'm sensing long-term bottoms in both stocks, so I've opened small positions recently. Do you agree that now is a good time to get 50%-plus of the position in?
Click here for Cramer's answer to this question. - I a 55-year-old without a lot of investment time left. Should I be transferring my 401(k) balances from funds currently getting slaughtered (typical growth or equity) into short-term government bonds or money market funds for a while until the market calms down?
I really need to protect my balances.
Click here for Cramer's answer to this question.
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