How should retail investors rebalance their portfolios when volatility strikes?

Jim Cramer's got some investing education. 


"If you've been hit by volatility, I want you to go and look at companies that reported really good quarters, like a Workday (WDAY - Get Report) , like a Dick's (DKS - Get Report) , which put a really good quarter like a J&J (JNJ - Get Report) , which put a really good quarter and is caught up in a lawsuit that I think the market cap is already far exceeded what it can lose in the lawsuit. So look for the companies that are doing well, uh, of which there are many. And you know, a Walmart (WMT - Get Report) did very, very well. Amazon (AMZN - Get Report) did very well. Facebook (FB - Get Report) did very well. You stick by those and you buy some. Buy some very small, you know, we're doing this," said Cramer. 

"We raised a lot of money for Action Alerts for our charitable trust. We put maybe an eighth of it to work yesterday. That's a good number to put to work and put it to work at, you know, much lower. When the market is down we can do it again today and we will," he continued. "I always say you can apply money to the market. You should apply a little of your money to mark a year. Because when you see stocks that are down gigantically, that's when you buy, not sell, provide the balance sheets good in their long-term prospects are good."

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