Cramer said there's nothing wrong with owning secular growth names for as long as the story remains intact, but investors need to remember that even the biggest waves eventually come crashing on the shore.
What's in a Name?
In closing, Cramer said investors should try to not get hung up on the nomenclature of short-term versus long-term investing. In the end, we're all here to make money. He happens to think that longer-term investing is the better way to go for most home gamers, but if your portfolio does better being actively traded, stick with it.
Cramer cautioned investors must always remember they're no match for high-frequency trading machines or hedge funds with multimillion-dollar research budgets. Short-term trading does have its risks.
At the end of the day, however, the bank will accept your deposit no matter how fast you made the money.To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC