OneRichOne

Cramer's Mad Money - Who Needs Mutual Funds? (7/17/09)

I started w/mutuals but then thought "why not build my own mutual fund?". I sold all mutuals and invested in over 30 stocks that all pay good dividends. I invested all my divs. back into more stocks. Since 2004, my fund has tripled in value even after the "crash".

Dividend Yields Soar

Last I knew, Div's were based on company profitability, NOT on stock price. Many of the financials were hit hard with the subprime mess. People who buy and sell on fear make me rich. Lotsa bargains out there right now.