Whether you're a recent college grad trying to figure out how to start investing, a young parent struggling to decide where and how to put away money, or someone well into middle age and worried about whether you've saved enough money for retirement, Jim Cramer's Stay Mad for Life has the answers.
"The media's most electrifying market pundit" (USA Today), bestselling author Jim Cramer covers all the essentials: how to save, where to invest, which pitfalls to avoid. He offers valuable advice on everything from mortgages to college tuition. He explains what professional money managers do right that amateur investors do wrong. Because there is always a bull market somewhere, Cramer tells listeners where to find the bull markets of the future, and for those willing to do the homework,he chooses twenty stocks that could be long-term money-makers. For those who don't have the time or the temperament to invest in stocks, he identifies the mutual funds that are proven winners. He's investigated these mutual funds by using his own twenty-five years of experience managing money for himself and dozens of America's wealthiest families. Throughout, he draws on rigorous research and his own enormously successful experience to back up his advice.
Jim Cramer is America's #1 financial guru and Jim Cramer's Stay Mad for Life is the definitive money guide, full of practical, insightful, and invaluable financial advice.
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"Cramer provides some simple tactics for diversifying your portfolio. He provides great insight into investing strategies that anyone can take advantage of, regardless of age. Stick to the stock market when you are young, wait for bonds until you are older and more settled."
— Nathan (4 out of 5 stars)
" jim cramer makes the foray into personal finance advice, most of it is sound advice. "
— James, 2/17/2014" I'm a sucker for these types of books. This one was okay though I felt it could have easily been 1/2 its size while getting across the same information. Easy reading for financial stuff. "
— Kate, 2/16/2014" The basic idea I got out of this book was to take my 401k money out of the "lifecycle" fund for my target retirement and move 100% (Cramer advocates 0% bonds investment in your 20s, and then 10% more every decade from there, which sounds reasonable close to my conventional wisdom) of the funds into a passive index fund with the lowest management and/or administrative fees that i could find. For my plan, this turned out to be the Dreyfus S&P 500 index. Cramer liked the Vanguard S&P index better. I thought I wanted to do more with managing my retirement funds, but since there seems to be so much work associated with it, this was the easiest move. My lifecycle fund that I was in had management fees close to 1.25%, cutting into my money!! Other than that, the book felt a little dated. I'd be curious how much, if any, of his advice has changed. "
— Paul, 2/12/2014" Still reading this book...not too exciting. "
— Roger, 2/6/2014" My boyfriend is forcing me to read this. "
— Lauren, 1/28/2014" I really enjoyed this book and learned that Jim Cramer is a lot more compassionate than he looks! "
— Jacque, 1/20/2014" I didn't actually finish. The economy went south and it no longer made sense to finish this. "
— Julie, 1/11/2014" Yes I know I know...he's crazy (and yes, I saw John Stewart's interview with him for those who feel compelled to message me and tell me that he lies etc., which by the way I think is a simplistic view of the situation b/c surely people who just do what he says and don't think for themselves and are willing to believe that any stock investment could ever be a "sure thing" bear some personal responsibility for the losses they suffered....but I digress), the fact is, he's made a shit ton of money, and I'm putting money into a 403(b) and I have to figure out how to manage it. This is just one book of many I'll be reading on this subject and I don't plan to take what he has to say as gospel truth (when have I ever done that with anyone come to think of it....). I'll update my review when I finish the book, but in all honesty, so far I've found it informative and helpful. "
— Elise, 1/5/2014" I was actually surprised by how reasonable this book was after watching Mad Money. A good book for those seeking to have a better understanding of how to preserve (and build) wealth. "
— Ashley, 1/3/2014" The content wasn't what I was looking for. I was hoping for more discussion on stock trading. "
— Justin, 1/3/2014" Discs 2 & 3 have held the most interest for me, they pertain more to my situation. "
— Candice, 1/2/2014" I feel this is a must read for everyone, it is loaded with easy to understand financial information that is useful to anyone. I would highly suggest it as a highschool grad present...let try to help them before they get into bad habits. "
— Steven, 1/1/2014" In terms of literary quality maybe this wasn't the best book ever, but I learned SO much - the basics of what I think I need to know to actually do things with my money that I can understand, that are simple, and that will help me save for the rest of my life. Thank you, Jim Cramer. "
— Jennifer, 12/28/2013" A great book for anybody that wants learn about retirement plans, the stock market or mutual funds as well as just getting out of debt and staying out. "
— Brendan, 12/22/2013" Great book, makes difficult financial concepts easy to understand for the lay investor.(stocks, mutual funds, etc.) "
— Dave, 12/17/2013" Fast, light read. Good ideas but DON'T follow his advice blindly! "
— Jake, 12/17/2013" You know, I got used to Cramer's brash voice, and I got used to his direct style, so perhaps my not finishing this (audio)book is my own fault. It's all good advice, just somewhat overwhelming, even though his whole point is to keep you from being overwhelmed. Maybe I'm just not ready. "
— Kim, 11/23/2013" Skimmer, now that it is couple of years old. "
— David, 10/3/2013" I suppose that the yelling doesn't translate perfectly into book format. Try a larger font. "
— Peter, 8/30/2012" Cramer provides a very understandable overview of finance. He gives some interesting tips. A good read...especially for a young adult wanting to be set for retirement. "
— Jane, 4/3/2012" A pretty basic investing book, useful only if you've never read an investing book before. "
— Thor, 1/6/2012" I love this book so much I recommended it to tons of friends and bought a copy for my little brother for his birthday. It doesn't talk down to readers, but is very, very readable and easy to follow. "
— Jillian, 10/24/2011" the guy's brash but brilliant. i have read lots of $ books, but this is for the people like me - interested, agressive, but dont know jack squat about what to really do and invest in. a quick and comprehensive read, pick it up. "
— Michael, 8/7/2011" Awful book. How can you take this guy seriously. He has no fiduciary responsibility to anyone. His job is to sell books so he says what he has to to get that done. "
— Lebeau, 8/4/2011" Great book, very helpful advice on 401k's, IRA's mututal funds and various long term stocks. The author does a good job of explaining his concepts and logic for picking one fund/stock,etc... over another. "
— Peter, 7/25/2011" Information is a little dated having been written and 2007 and before the stock market woes of 2008-2009 but still contains a lot of solid advice about long term thinking when it comes to your money. "
— Michael, 7/17/2011" Good tips on how to invest for life. Also lists some 20 stocks worth buying, as well as 13 mutual funds. I was surprised to read how much exposure he recommends to stocks versus bonds, even at a late stage in your life. Now if only I can start following the advice in this book! "
— Kashif, 1/15/2011" Discs 2 & 3 have held the most interest for me, they pertain more to my situation. "
— Candice, 1/15/2011" Awful book. How can you take this guy seriously. He has no fiduciary responsibility to anyone. His job is to sell books so he says what he has to to get that done. "
— Lebeau, 12/1/2009" A pretty basic investing book, useful only if you've never read an investing book before. "
— Thor, 9/6/2009" The content wasn't what I was looking for. I was hoping for more discussion on stock trading. "
— Justin, 9/1/2009" I really enjoyed this book and learned that Jim Cramer is a lot more compassionate than he looks! "
— Jacque, 3/30/2009" the guy's brash but brilliant. i have read lots of $ books, but this is for the people like me - interested, agressive, but dont know jack squat about what to really do and invest in. a quick and comprehensive read, pick it up. "
— Michael, 1/6/2009" Fast, light read. Good ideas but DON'T follow his advice blindly! "
— Jake, 12/22/2008" My boyfriend is forcing me to read this. "
— Lauren, 10/14/2008" jim cramer makes the foray into personal finance advice, most of it is sound advice. "
— James, 8/15/2008" Great book, very helpful advice on 401k's, IRA's mututal funds and various long term stocks. The author does a good job of explaining his concepts and logic for picking one fund/stock,etc... over another. <br/> <br/> "
— Peter, 6/4/2008" This book reviews the Cramer view on investing for long-term wealth. I think for the novice there are many good suggestions in here. Even with Cramer's bias toward individual stocks to generate wealth, for me and most of my friends, he agrees that index funds are the way to go. "
— Jeff, 5/14/2008" Great book, makes difficult financial concepts easy to understand for the lay investor.(stocks, mutual funds, etc.) "
— Dave, 5/12/2008" I suppose that the yelling doesn't translate perfectly into book format. Try a larger font. "
— Peter, 3/11/2008James J. Cramer is the host of CNBC’s Mad Money with Jim Cramer and co-host of Squawk on The Street. He serves on TheStreet, Inc. board of directors, is a columnist and contributor for TheStreet’s RealMoney and ActionAlerts PLUS, and participates in various video segments for TheStreet TV.