 Does anyone know what's the best way to get started in the stock market? |
I'm looking to get going with the stock market but I can't speak the language. How can I enhance my knowledge and make wise short term investments?
also - don't have much ... |
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 Should i buy yahoo (YHOO) stock? |
| went up nine bucks today after word of a possible buyout by microsoft. but will it continue to climb? im a 20 year old kid that knows nothing about the stock market. ive just started expiriementing ... |
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 Shares & Mutual Funds - I would like to gain basic understanding of these terms.Can anyone help me? |
Shares & Mutual Funds - I would like to gain basic understanding of these terms.Can anyone help me.
Which is the best investment now a days
- shares/Mutual Funds or Purchase of Land ???... |
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 £5,000 savings...what to do? |
I've got 5000 savings and dont know whats best?
Im 22 and at present work on cruiseships and plan to do so until new year...and i earn less than 6k. Well the pittance that i earn is tax ... |
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 Can I as an American open up a bank account in Europe and convert all my dollars to Euros ? |
| I have a few thousand dollars and I don't trust the dollar. I do not want to get old and then all the money I have saved becomes totally worthless.... |
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 Do you believe the gold and metal and oil prices will end soon.? |
Additional Details
i just heard warren buffet say to avoid oil and metal because they have reached their peak and will start dropping soon and he also said to invest in agricultural ... |
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 Looking for 10-15% return ??? |
I am looking for 10-15% return with secured principal...Does anyone have idea except GIC...
.... |
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 In India, What is a PAN number? |
| What is it? When do you have to have one? Is it only available to Indian citizens? I am of half indian descent, British citizen , do I need one for any reason? Thanks.... |
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 Why are the big financial institutions going down the swanny? |
The news recently is dominated by the big banks and insurance companies going belly up and goverments running to their aid, why are they going down.
... |
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 Is it a good Idea investing in Ford with their stock at $1.61 a share? |
| I was thinking of invest in like 4k in Ford Motor company stock , figuring it cant get much lower , besides 3 year ago it was $10 a share. So if it gets back up to $10 a share I will cash in giving ... |
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 Considering Opening a Scott Trade Account... Any advice? |
Let me preface by my previous experiance.
I opened an E*Trade Account several years ago with the minimum $1000..
I bought 100 shares of HASBRO @ around 7.50 a share and 100 ... |
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 What is 5.56% of $23500.00? |
| Please show so i can do similar calculations in the future,Thanks.... |
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 I have $750 to invest for 1 month. What's the best way to maximize my return? |
| I need the money in January as part of my security deposit for a new apartment.... |
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chattykatty | Who likes Mad Money by Jim Cramer? |
What do you think of him and his ideas? Is he full of it or does he just enjoy watching the "homegamers" try and play follow the leader? |
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Pure_Alpha
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A lot of people will tell you they don't like him, that he's a clown, etc, but remember he is a VERY smart guy. (Graduated from Harvard, worked as a newspaper reporter, got his law degree from Harvard, Harvard Law Review, broker at Goldman Sachs. Co-founded the Street.com. Made $100 million in the stock market and got out at the top. Wrote 3 books and launched a TV and radio show.) That's more than all his detractors have ever accomplished.
You should understand what he is trying to do - he is TRYING to teach you how to THINK about stocks. Yeah, he makes a lot of recommendations and he's wrong a lot of the time, but he is trying to get you to understand how the stock market works. How professional investors think about stocks and how they go about researching ideas.
You might not agree with his picks, but he should get you to think.
I know professional investors who watch the show every night because he is always giving them a new idea to research, a new stock to look at, or something to think about.
You shouldn't copy him, you should learn how he thinks. That's the value of the show. |
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gatzap
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Most are not as irritating as Kramer but I don't like any of the gurus. With large followings they create a self full-filling tide - for a while at least. Toby and Kramer are prime examples. Like most of them Toby has so many recommendations that it is easy to have a few big winners to lay claim to. |
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WildCat Guy
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Cramer's show is completely speculative. If you want to buy and hold companies to actually invest in he is not a good advisor. Not to mention the serious tax implications of holding stocks for less than a year.
If you want to seriously invest in good companies for the long run, read some books by Peter Lynch. |
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gwilsonb
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Academic analysis suggests Cramer's picks don't do that well.
Kellogg researchers who looked into his recommendations and tracked how they did note for example that:
"Taken together, our results suggest that the aggregate losers in our event study are the Mad Money viewers who decide to buy the recommended securities when the markets open the following day, and that the winners are the market makers and arbitraguers [sic] who sell the overpriced recommended stocks on day 1, as well as the traders who sell the recommended stocks on days 2 through 12."
There's a nice analysis of this paper on the 'Seeking Alpha' link below.
However, having often listened to his radio show via podcast (now cancelled as of the end of 2006 unfortunately) I'd agree with others' responses to your question that he does give new investors great general insights into how markets work (for example in understanding that tech stocks are subject to seasonality i.e. that they usually do better at certain times of the year).
The only thing is, I suspect that the radio show enabled a looser style where he could digress into this sort of really useful stuff that is not so easy to do in the more pressured environment of TV episodes of Mad Money - TV soundbites and his onscreen antics being what they are. Having watched a few episodes I gave it up. |
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ckm1956
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I've made good money learning from Cramer. In less than a year, I'm up 40% on Goldman Sachs.
Buy & hold as a strategy can be profitable in limited cases. Most people tend to hold stocks for too long. An emotional attachment develops.
I don't like paying capital gains on my trades & investments, but it's better to have income and pay taxes than not to have the income (or have less). |
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SmittyJ
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Anyone who gets the average person who otherwise would avoid the stock market to become interested in building a portfolio is doing a great service. Whether his track record of his recommendations is on average better than the market index is up for debate but I think that's secondary to the primary benefit of the show and book which is really about providing the tools necessary for the average person to take control of their own investments and becoming a life long investor. |
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nighthawk
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Cramer called for all his homegamers to sell tech.....Last I looked tech is roaring ahead stronger than ever. |
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ferrology
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He was good at the start but now there is a serious "Cramer effect" as stocks rise or fall on the panic he can create. I do think he is honest but as he admits, even the best stock experts only bat about 50/50, so as he says "do your homework" and don't gamble money you don't have to spend. Conversely, I trusted AG Edwards years ago, and when they changed from a negative view of Lucent, to "BUY" after it had already quadrupled, I should have had the brains to sell out right then, but their single analyst was in good with the Lucent CEO, and then their "growth potential" in China was undercut by the Chinese embracing the technology, but just duplicating it themselves. They also discouraged me against investing in railroads ten years ago, and they've doubled on average since. When you play "follow the leader" you make their profit by buying what they're selling, but that's the way all the big brokerage houses work, them and their biggest clients first, then they share the "tips" with lower echelons. And I believe he is wrong on alternative energy, if the situation in Iran literally blows up, even though barely any of our oil comes from the region, the profiteering oil companies and gas distributors will hike prices, right now alternative energy is a threat to oil and that is why they lower prices, to lull us into another "shortage" just like they did in the 1970's, when Nixon announced we had to get serious about alternative energy and quit being dependent on importing oil. |
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ils11r
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Jim Cramer is a very entertaining personality. I don't take his picks seriously but as others have stated there are some real pearls of wisdom in there. I love his analysis of actively traded mutual funds and how these funds are just in business for their shareholders and management fees. It was amazing when he compared a fund company's stock performance versus their best performing mutual fund.
I'd like to see Kellogg take another look at his picks in a year or two. Short term performance is just noise. |
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