Jim Cramer's Real Money: Sane Investing in an Insane World

Additional Jim Cramer's Real Money: Sane Investing in an Insane World Information

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, it's "buy and homework." If you can't spend an hour a week researching each of your stocks, then you should hand off your portfolio to a mutual fund -- and Cramer identifies the very few mutual funds that he'd recommend.

Cramer reveals his Ten Commandments of Trading (Commandment #5: Tips are for waiters). He explains why he's 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 Cramer's 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 Cramer's distinctive turbocharged style, this is every investor's guide to what you really must know to make big money in the stock market.

What Customers Say About Jim Cramer's Real Money: Sane Investing in an Insane World:

He asked his daughter "how come you never get frustrated with a busy signal when voting for American Idol" her reply was that she texted her vote but that an AT&T wireless device is needed to do that.There are tips on top fund managers and funds in different categories. A similar chapter in tops in individual stocks was quite useful with the one warning I found most interesting is tendency of hyped stocks to almost always end up making a seconday offering below the latest traded price signaling the end of the run. This is until his wife took his stock sheets and whited out his cost basis which allowed him to think clearer about the merits of keeping a stock, namely Maytag that he owned.

The logic here is that if most are bullish then most money is already nvested in and little money is available for new investment. Many other tips in this chapter such as accounting problems, over expansion using acquisistions, etc are included. Volatility index above 40, and a selling climax defined by at least two months of fund outflows.

Even Jim in his early days struggled with problems of "cost basis paralysis" that many individual investors deal with. It included simple criteria as finding a bear market article in the front page of the New York times, Bullish vs bearish investment advisor survey (in this case you need at least 60% bearish). All in all as other reveiwers say not the endgame but a good start.

In another anecdote he described how he decided to invest in AT&T wireless. Also a chapter on how to spot a market bottom which I found easy to follow but insightful.

good beginner guide. Easy read and clear cut concepts to approach sector rotation from a fundamental perspective.

excellent tips to keep a level head in this shakey market. Good book for begginer or advanced investors.

Honestly it is bit boring.I wish he would improve this part in his future books. I am a big fan of Jim Cramer and a regular watcher of his Mad Money in CNBC.I bought this book recently in much anticipation.This is the first Jim Cramer book I ever bought.Eventhough the book is good in content, it lacks the charm of Jim Cramer.I couldn't find it very readable like.

Anyone can do it with a commitment to homework and how to do the homework is what this book is about. This is a good book to learn to manage one's asset on one's own for the novice. After Nov. of '08, I learned a lesson that there is no such a thing as leaving investment judgments to someone else or for that matter, there is no such a thing as a buy and hold.