I agree what with the first person said. He does know his stuff.
However, that does not make him a good stock picker.
You have to understand that a large part of his show is designed to be entertaining. He may recommend stocks, but that doesnt mean that he/his staff invests in those very same recommendations.
The best thing you can do, if you are interested in following his advice, is to watch the show, and try to take the lessons that he attempts to demonstrate. Do not just take his, or anyones for that matter, stock picks at face value.
You will save yourself a lot of pain and suffering if you learn how to properly analyze stocks for yourself. That doesnt mean you have be a pro, but atleast learn the basics of what makes a good investment as well as understanding your investment goals.
As far as other sources for learning and trading tips, there are many great investment sites out there. There are also many good books written. But as I said before, you have to understand your investment goals before you just start investing.
After you understand that, then you can start to seek out the people best qualified in that kind of investment style.
Christian Nago
CEO %26amp; Chief Investment Officer
www.intrepidtradings.comCan I trust Cramer's(MAD MONEY) advice?
I do not trust him - however I do not even understand what he is saying - it all sounds like a bunch of Double Talk.
yes but not 100 %, you can use his advices as one of your consideration when choosing stocks to invest.
Well I think you'd get better insight from watching Fast Money but,
Cramer had a very long streak of 25% returns with his hedge fund and well above market returns,
And I'll finish by saying that most people should really stick to S%26amp;P 500 mutual funds.
He's a former trader from Goldman, Sachs, so he does know the markets, but history has shown that his picks are no better or worse than the market average...
I think that Cramer's advice is okay for investors, but I also think that too many people are actually trying to trade the stocks that he endorses. Trading and investing are two different things, and too many beginners confuse the two. They expect the stocks that Cramer endorses to immediately go up 10%. They lack the patience to follow the rules the Cramer lays out for them to follow. Like waiting to buy on the dips. Cramer endorses a stock, so they immediately go out and buy it, and that's not the way to buy stocks. It's not just a matter of buying the stocks that Cramer mentions, it's a matter of following the rules that he lays out.
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