After Friday's market close, investment guru Jim Cramer offered ten reasons for optimism about stocks. There's no point in re-enumerating them, but they make a point nevertheless.
We don't offer Cramer's word as a tip for investing, as we are committed to the dollar-cost averaging model for ourselves and others who don't have the time or inclination to become investment experts. We offer it instead as an example of what is probably the second-best investment advice that we've encountered:
When the cover of every magazine is about the boom in stocks, sell. When the cover of every magazine is about the doomed economy, buy.
Cramer, not on the cover of any magazine, sees crocuses in the snow. There will always be a spring, and some will notice it before others.
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