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enlarge | Author: James J. Cramer Publisher: Simon & Schuster Category: Book
List Price: $26.00 Buy Used: $8.00 You Save: $18.00 (69%)
New (60) Used (71) Collectible (7) from $8.00
Avg. Customer Rating: 273 reviews Sales Rank: 3157
Media: Hardcover Number Of Items: 1 Pages: 320 Shipping Weight (lbs): 1.2 Dimensions (in): 9.3 x 6.2 x 1.2
ISBN: 0743224892 Dewey Decimal Number: 332.6 EAN: 9780743224895 ASIN: 0743224892
Publication Date: March 29, 2005 Availability: Usually ships in 1-2 business days
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| Customer Reviews:
Do you have 6 figures of cash laying around? February 11, 2008 2 out of 3 found this review helpful
This book explains how to invest in stocks very well.... but there is only ONE problem... his rules are based upon a multimillion dollar investment strategy.
If you have upwards of 50,000+ of available cash to spend on stocks, then this book will truly make you money. However, the problem with the 'rules' of buying and selling do NOT account for the costs of your commission.
His advice recommends to 'take a little off the top' as your stock increases in value. Rememeber though... 'a little off the top' means to sell about 200 shares in Cramerica... for the rest of us, a little off the top may only represent 5-10 shares, which may not be worth it (as your commission cost will offset any gains you make)
For the rest of us who only have about $5000-10,000 to spend on stocks, his strategy will never truly make your portfolio profitable.
His books are very entertaining, and also have some knowledge behind the words... but the absolute truth is that you need to be able to comfortably afford to buy $70 stocks by the hundreds, and still only have that represent 20% of your protfolio.
On a final note... don't expect to make money in the stock market unless you wait it out for nearly a year. I recommend this book ONLY to get you interested in learning more about the stock market... DO NOT use this book as a manual on how to invest unless you have $50,000+ to spend!
Real Money with Jim Cramer January 18, 2008 0 out of 2 found this review helpful
This is the second book by Mr. Cramer that I have purchased. Looking forward to delving into the pages to see what is in store. I have already started and it is full of information. A real plus for the at home investor. Take Charge of your Finances and Make Real Money... A must read.
Great book for beginners January 11, 2008 This book is just great if you're wanting to get into the market. It breaks it down in easy to understand terms with no Wall Street gibberish. I recommend even more the audio book of all of Cramer's books because he's just so enthusiastic reading them to you. It makes you get excited about a very boring topic.
Cramer's Mad Money December 25, 2007 0 out of 1 found this review helpful
The overwhelming majority of the book is a sales pitch/pep talk about investing. It's a good book if you need to convince yourself to invest. If you're already a believer in stock market investing, I would skip the book.
Don't blame Jim if you loose money ... December 10, 2007 3 out of 3 found this review helpful
Solid advice that can put you on the right track as a new investor. You have to balance what Cramer recommends in his books and on TV with additional research and your own experience. Over the past year, I've found that you should really take Jim's advice to ignore the short-term gains in the stocks that he recommends on TV (the "Cramer" Effect). In most cases, you can wait and get a much better entry point.
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