 Should i leave proceeds from former employer in that 401k plan or move it to new employer? |
| want to keep it there, as it has done well but heard that if the co. goes belly up there goes my proceeds from 401k-lost. I have new 401k w/new job but don't know how it will perform and don;t ... |
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 Is the market going to rebound? |
| I'm trying to have faith in our economy and the market, but I think I'm one of the last ones left with money in the market. Should I count on it to rebound?... |
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 How should I use $100,000? |
| I'm working really hard to save up $100,000 in five years so I can quit my job and make it on my own working for myself. I'm smart, educated, and hard working. The problem is, I don'... |
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 If I have $10,000 - $20,000 in my saving account will they charge me taxes when I take out? |
| Since the account has been accruing interest on it? And do banks charges per month fee if you open up a saving account?... |
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 Any point in using 401k? |
| I am a summer intern at my job with only a month left this summer, and I only come back to this job one month in the winter and two months during the summer. I do not plan on continuing with this ... |
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 How can I invest $5,000? |
| I don't like stocks. because it's returns are not great. Since 9/11 it's returned what 1% annually. Plus the brokerage fees equals no gain.... |
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 How do I know if my financial advisor is giving me good advice? |
I don't know much about investments and stocks, so I trust my advisor to make all of my decisions about my IRA. All of the money is in one mutual fund, is that normal?
Additional Details
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 What's the best online trading platform (E*Trade? ScottTrade?)? |
| I wish I could do one that did both stocks and commodities and futures, but I'll be happy with stocks. I want to place my 40k in mutual funds into day trading (don't worry, I have actual ... |
|
 Why does the Stock Market keep crashing? |
| The stock market won't stop going UP and then DOWN it's like a stupid roller coaster. What's happening?... |
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 Can anyone enlighten me on trading in share market? |
| I am intending to invest in share market. But, I am little knowledgeable. I want to be informed.... |
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 What is the best way to invest $10,000 that we will want in a little over a year? |
| We have $10,000 to invest and will be living overseas for one more year. During that year, we would like to see that $10,000 make a little money for us if possible, so we can put it down on some ... |
|
 How do you know when its time to sell your stocks? |
I know it's not the best time to ask!....LOL
I have shares in a prominent company, which I feel is very resilient. However, with the state the economy is in I am a bit concerned.
... |
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 How to save your money fast? |
hi,i would like to know if anyone knows any good tips to save up some money,anything helps and i would be thankful...thanks
☺☺☻☻♥... |
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 Investing 101? |
| ok so i have $5000 how do i invest it n what stocks should i consider? invest it all in one? or many? I have NO clue how to invest into the stock market. your help is ... |
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jrr06c | Is Jim Cramer Legit? |
What are your thoughts on Jim Cramer?
Would you trust Jim Cramer on your stocks? If not why? And why type of person would you say is most likely to take his advice to heart? |
 |
 
Dom
 |
There are 2 different types of Cramers.
He himself is legit because he did well as a fund manager. I listened to his audio book and it was great. In his book, he mentions rather than buy and hold, do buy and homework. So he says to check your holdings and do research on them.
So if he does this, then yes I can trust him with my money.
On his show though, he is an entertainer and not so much an investor. He gives advice on thousands of stocks but I am very sure that he does not do extensive homework on these companies like he preaches in his book. Plus he recommends buys or sells, but that doesn't necessarily mean that he himself would buy it.
The other effect he has is when he recommends a stock, the stock generally has already increased in price so you are paying a premium for it.
The people who take his advice to heart are those who want to invest but have no idea on how to value a stock themself. They are looking for any guidance and they see Cramer who gives them guidance (might not be the best advice) and he is entertaining.
So for me, Cramer's ideas and strategies are legit but I never follow what he picks. I like it much more when I already own a stock and then he recommends it. |
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MVD34
|
Cramer is entertainment.
He is not an investment adviser.
Certainly not your personal money manager.
Listen. Enjoy. But, do not follow the trades.
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dramasetterkel
 |
Cramer is entertainment. |
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A nobody
|
Jim Cramer is very much legit, he's a showman
Would I trust him with my stocks, I would rather trust a used car salesman, or worse yet a lawyer.
He is not really trained in the securities industry, he's a salesman type that is very good at making their point, it may not be a valid point but he tries,
Most of us in the industry understands Cramer and what he is, I'm still trying to find some one that would follow him or any of his recomendations, |
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Common Sense
 |
Jim is entertaining. Barron's followed his "picks" and they were no better than the S&P500 index.
It's really hard to judge anyone like this. The real success in trading depends upon;
Entry point
Exhit Point
Position Sizing (critical).
Stops
etc.
Lazy traders with dreams of getting rich will follow his advice. Without true money management talent (which can't be done with a TV show), there is no real help here!
This is even true with stock services, alert services and just about anything else. Your best chance for success is;
Continually reading books on investing.
Continually reading books on investing psychology.
Picking the stocks yourself. Having an exit plan BEFORE you take the position. |
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dnldslk
|
He's an information resource like many others. The difference is that he's more entertaining than most others.
You might weigh his opinions, but do your own homework when it comes to researching companies.
Personally I like the Fast Money show. Those dudes have a more timely take on the current market. |
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Thor
 |
I think Cramer is one of the best stocks/company analysts there is.
But part of investing in stocks is trying to predict the future so that means he won't always be right. But he is so much more right than wrong he can make you money.
For example, I think he says that out of 10 stocks he is likely to have 3 losers. But the other seven will outperform enough to more than make up the difference.
And he will tell you to dump losers or a bad call and cut your losses to put your money elsewhere. The tendency of most, myself included, is to hang on to losers too long because we liked them in the first place and want them to come back so we don't have to admit being wrong. lol.
JMHO |
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▲ßûІІѕ vÅŸ ßèÄÅ—Ñ•â–¼
 |
well, he is just teaching us what he knows from his experience
the market is a jungle, and cramer is our guide..
but people make mistakes, and so will jim. |
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Kim T
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He has been on the radio, and now television, for a long time, and yes, he is legitimate and well respected. NBC wouldn't hire him to advise people if he was not a good financial adviser. He appeals to every person who needs straight talk and not nonsensical babble about their investments. |
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