Big K

Looking Forward to More Dividend Increases Like Johnson & Johnson's

Many companies cut their dividend to conserve cash. In most instances, this was a prudent move. So many companies have massive debt to refinance every so often. Now, they are having trouble getting their loans rolled over, and are having to come up with cash to retire it. In the long run, this should make those companies much more valuable. I fear investing in the irresponsible financial companies who gambled their shareholders money on derivative games. I don't know why the managements of all these companies, including BAC and MS have not been replaced. Forget them, buy and hold companies like KO, PG and JNJ. In 20 years you will be quite wealthy.

Cramer's Mad Money - Strategies for Staying in the Game (1/16/09)

The correct number of stocks to hold is 20-30, not 5-10. With too few stocks, such as 5 to 10, a nasty surprise will drop your account by 10% - 20%. Too much. There are plenty enough great stocks out there to buy and hold for years while reinvesting dividends that we don't need to be taking huge risks and concentrating too much money on too few stocks. I do agree with some of Cramer's picks, however.