Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)

Additional Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer) Information

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.

What Customers Say About Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer):

Have no idea why. I was very happy with the product I ordered. The only problem was I thought I ordered one but received two. I was charged for two also. Next time I'll be sure I only order the number of items I want.

Although their books are out of print you will see how they make money though showing you the patterns they use. And there are other methods to make money that are based on more technical methods.

Still, in a sense, this an excellent book that presents how fund managers think in selecting companies to invest in. In this book Cramer is starting to repeat himself.

Many times you would not have the advantage to find such companies. It is very easy to understand and written easy to follow format.

However, in reality these methods are often vague and take time to implement. Check out the books of Toby Crabel and Linda Raschke - they are hedge fund managers.

IF you are lucky you may still their books on Ebay or Amazon somewhere.

Keep blaming Cramer, see where that gets you.As for the subject matter, all of his books contain overlapping content as well as unique material. It is obvious that your a beginner - this is when you buy stock, when prices are depressed.

You are expected to research and follow all of your investments, including those recommended by Cramer. Stop whining and do some homework.

I'm tired of all these reviews of folks complaining and attacking Cramer the person - these reviews are meant for the subject matter of the book. I read one review of some self-proclaimed beginner saying that Cramer suggested buying while the market was falling and that this is stupid.

You think any man can predit the market. He has made mistakes, yet taken as a whole his advice is speckled with good insights.

You self-righteous whining babies better start analyzing your faults and mistakes if you want to advance. This is a good beginner's book.

Great for looking at the big picture of financial health for life. Although it has some info on investing, it's more geared to retirement plans and mutual funds.

Rather, most of these outperfomers have strong, respected brands and good products that helped them retain customers during the downturn. On the eve of the release of Cramer's new book, Jim Cramer's Getting Back to Even it's as good a time as any to check how his "Twenty Stocks for the Long Term" and 13 mutual fund picks in "Stay Mad For Life" have performed over the last 2 years (Oct 11, 2007 - Oct 11, 2009). So here goes. The picks that outperformed (GS, XTO, RIG, CVS, MCD, HPQ, GOOG, PEP, PG, UNP, IMA) had very little to do with the "Five Bull Market" sectors that Cramer discusses in this book. You might not be able to translate a macro economic view into stock picks if the market has already priced your thesis into the stocks, and when picking mutual funds, past performance (even good performance in a down market) is no guarantee of future results.My 3-star rating is based on a grade of C+ for stock picking and D for fund selection. As a basis for comparison, the S&P 500 returned -31.4% over this period, or -27% with dividends reinvested.Twenty Stocks for the Long Term11 of Cramer's picks outperformed the S&P, while 9 underperformed.

As it turned out, this had absolutely no bearing on how these funds performed through the market collapse of 2008. Much of the praise (or criticism) of Cramer is lacking in such analytical detail. Apparently, the macro themes of Cramer's 5 bull markets were already known and priced into the stocks back in 2007, but the brand equity and operational excellence of the 9 outperformers was not.Guide to Mutual FundsAggressive Growth Funds - 0/5 outperformed (Average return -39%)Growth Funds - 2/2 outperformed (Average return -15%)Value Funds - 2/4 outperformed (Average return -36%)Honorable Mentions - 1/2 outperformed (Average return -28%)A big part of Cramer's basis for choosing the 13 mutual funds was how well the fund managers preserved capital during the previous bear market of 2000-2002. An equal dollar-weighted portfolio of all 20 stocks returned -28.4%. So, you lost a whopping 3% less than the market with this portfolio. Hopefully, Cramer learned a couple of lessons on stock and mutual fund picking that he can incorporate into new "rules" for a future book.

I'm grading on a curve here, since many other investing gurus were humbled by the worst bear market since the 1930's.