Mad Money, Is Jim Cramer's Advice Worth Taking?
Jim Cramer is a TV person who talks about money on a show called Mad Money. Cramer used to work
with money and knows a lot about it. He tells people how to invest their money and what to buy and
sell.
But
some people wonder if Cramer’s advice is good. In 2013, a
group that checks money things found that Cramer’s advice did not do well. His advice did worse than the market by
2.5% in five years. This means that Cramer’s advice may not help people as much
as he says.
Also,
Cramer has been blamed for his loud and emotional way of investing. He
sometimes makes quick decisions based on
his feelings, not on facts. This
can be dangerous, and it has made
some people lose money.
So,
is Jim Cramer’s advice good? It is
not easy to say. Cramer knows a lot
about money, and he does have some good
ideas. But his advice should not be trusted too much. People should learn more before they invest their money.
Here are some things
to think about when you listen to Jim Cramer’s advice:
·
Cramer’s knowledge of money.
·
Cramer’s ideas about the market and the economy.
·
Cramer’s way of investing.
·
Cramer’s results.