Jim Cramer's Real Money: Sane Investing in an Insane World
About this product
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. Personal finance expert, bestselling author, and host of CNBC’s Mad Money 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? In Jim Cramer ’ s Real Money, financial expert 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), 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), and discloses his Twenty-Five Rules of Investing (Rule #4: Look for broken stocks, not broken companies).
Detailed yet approachable, 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. Read more
Editor's Take
Amazon reviewers describe this book as fun, readable, and instructive, with several readers saying it explains investing in a clear, approachable way. Some Amazon customers also say the material is informative and insightful, though a few note that the writing can be wordy and includes a lot of advanced vocabulary.
Goodreads reviewers are similarly positive overall, calling it simple to understand, well laid out, and practical for readers who want investing guidance rather than a get-rich-quick book. A recurring complaint on Goodreads is that the language can be dense at times, with some readers having to look up many words.
An investor review on InvestorGeeks gives the book a strong rating and says it is best suited for Jim Cramer fans and people learning to manage their own money. A Forbes review also references the book as a notable Cramer investing title.
There is a YouTube result for a video titled Real Money by Jim Cramer (Book Review), which appears to discuss this exact book. No additional verified YouTube URLs were available in the gathered results.
Price History
Specifications
| Topic | Investing |
Product Details
| Publisher | Simon & Schuster |
| Publication date | January 6, 2009 |
| Language | English |
| Print length | 320 pages |
| ISBN-10 | 0743224906 |
| ISBN-13 | 978-0743224901 |
| Item Weight | 10.4 ounces |
| Dimensions | 5.5 x 0.9 x 8.38 inches |
| Best Sellers Rank | #75,251 in Books ( See Top 100 in Books ) #173 in Introduction to Investing #209 in Biographies of Business & Industrial Professionals #9,063 in Suspense Thrillers |
| Customer Reviews | 4.4 4.4 out of 5 stars (977) |
