Mad Money - Booyah!
If you search the web for the term, “mad money”, one named repeatedly keeps coming up. His name is Jim Cramer. He is the host of the CNBC hit Mad Money. Click on any of his articles concerning his passion, which is the stock market. And he is definitely passionate about the stock market! His show will either drive you to make investments or just drive you crazy!
If you are investment challenged, then this writer is not sure if his show will enlighten you or just confuse you. His mad money show is not for the faint of heart. He talks to the camera, actually at times yells at the camera, about his passion. He talks financial reports, analyzes different stocks and spends lots of air time ranting and raving. He often wears weird clothes. He has learned the fine art of education and entertainment in the same show. He seems to be turning the financial world on its head. He hands out advice on the stock market, has spent years as an investor himself - which he will tell you he has made lots of mad money himself.
His fans love his mad money show. They will yell, “Booyah!” to him if they see him on the street. That statement is his trademark on the show. Along with donning weird outfits and always throwing a chair.
From the top of his balding head, to the tips of his sometimes Ugg covered feet, he is definitely not your conventional financial advisor. But according to a lot of people, he is the person to listen to for alerts in the stock market. He seems to know all the current trends in the market. And he will definitely deliver an entertaining speech on what sometimes can be boring information.
If the stock market is something you have been interested in and would like to make mad money, then he may very well be the person you need to listen to get your feet wet. He seems to take information and dissect it down so that the layperson can understand it.
He has tips on making mad money that he recommends to all potential investors. They are: save for retirement, especially in a 401K. Invest in stocks in your 30s, shift to bonds in your 40s. Divide your portfolio into retirement and discretionary accounts. He likes mutual funds that mimic stock indexes. Consider buying your own stocks if you have at least an hour a week to research and you have at least $2,500 to play with. He also recommends that in this portfolio, to forget the conventional wisdom of buying and holding. Cramer recommends that to get mad money you must “buy and homeworkâ.
So, if you are interested in earning mad money, check out Jim Cramer on his show on CNBC called, “Mad Money”. Booyah!