Even after repeated boom and bust cycles on Wall Street, it's still
possible to make real money in the stock market--provided 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 is--or should be, when it's 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, 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.
