NEW YORK (TheStreet) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:
- The risk/reward of the current market, and
- Building a diversified yield portfolio.
Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.
Liking This Market Sure Takes Work
Posted at 8:00 a.m. EST on Saturday., Sept. 6, 2014
Do you have to work at liking this market as I do?
On Friday, I bumped into a gentleman when I was filling a prescription at my Walgreen's and he said "what are you buying?"
I didn't even know what to say. So I said, "Medicine."
But I told him that it is often a reluctant process because the good ones go quick and the bad ones go bad.
It's just how it is.
Let me give you the perfect example. Behind the scenes at "Mad Money" we worked hard at arriving at our fantasy football picks. We take this stuff very seriously and we do screens and go through the research and make calls and really try to nail it down.
You know I think that speculation is an integral part of a portfolio's diet and I decided that on Friday we were going to do sleeper stocks, just like you live for in fantasy football (sleeper being code for speculative bets that could pay off).