James J. Cramer is the king of financial media: he is currently the host of CNBCs Mad Money with Jim Cramer. At New York magazine he writes the Bottom Line column. He is markets commentator for CNBC and for the website he co- founded, TheStreet.com.
Even after repeated boom and bust cycles on Wall Street, its still possible to make real money in the stock marketprovided investors take a disciplined approach to investing. Financial guru Jim Cramer shows how ordinary investors can prosper, no matter the climate on Wall Street.
How do we find hot stocks without getting burned? How do we fatten our portfolios and stay financially healthy? Former hedge-fund manager and longtime Wall Street commentator Jim Cramer explains how to invest wisely in chaotic times, and he does so in plain English in a style that is as much fun as investing isor should be, when its done right.
For starters, Cramer recommends devoting a portion of your assets to speculation. Everyone wants to find the big winners that can bring outsized gains, and Cramer explains how to allocate your portfolio so that you can afford to take this kind of risk wisely. He explains why buy and hold is a losing philosophy: For Cramer, its buy and homework. If you cant spend an hour a week researching each of your stocks, then you should hand off your portfolio to a mutual fundand Cramer identifies the very few mutual funds that hed recommend.
Cramer reveals his Ten Commandments of Trading (Commandment #5: Tips are for waiters). He explains why hes not afraid to compare investing to gambling (and tells you which book on gambling you should read to become a better investor). He discloses his Twenty-Five Rules of Investing (Rule #4: Look for broken stocks, not broken companies).
Cramer shows how to compare stock prices in a way that you can understand, how to spot market tops and bottoms, how to know when to sell, how to rotate among cyclical stocks to catch the big moves, and much more. Jim Cramers Real Money
is filled with insider advice that really works, information that Cramer himself used to make millions during his fourteen-year career on Wall Street.
Written in Cramers distinctive turbocharged style, this is every investors guide to what you really must know to make big money in the stock market.