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When I come to work each day, whether as a commentator for TheStreet.com or a host of Mad Money With Jim Cramer, I have only one thought in mind: helping people with their money.
Jim Cramer
144 Likes
144 Comments
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What I'm saying is that there are bargains right now, there are stocks right now that if you're shrewd enough, you will be able to buy them at the opening today and I you'll make money in a year from now.
Jim Cramer
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Well, he's just the same guy who in other aspects of his life would be very late to a trend.
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We typically hear numbers that there are 34 million households that are in stocks in some form. Well, I say that what's occurred is if you have a job in this country, you're in stocks.
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We are all wrong so often that it amazes me that we can have any conviction at all over the direction of things to come. But we must.
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These will be fabulous investments and will make millions of more people rich.
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There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so.
Jim Cramer
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There are tons of people who are late to trends by nature and adopt a trend after it's no longer in fashion. They exist in mutual funds. They exist in clothes. They exist in cars. They exist in lifestyles.
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The way the credit cards were made in the '80s to be a people's form of capitalism and be able to make it so that you could get a loan that you would have been denied previous, now that's the way stocks are.
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The people who are buying stocks because they're going up and they don't know what they do deserve to lose money.
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The party line is that stocks historically have outperformed all other investment plans.
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The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.
Jim Cramer
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The danger that we have right now are people who get the same information as I do and, therefore, think they'll reach the same conclusions that haven't traded as long, don't have bear claws up and down their backs like I do.
Jim Cramer
2 Likes
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