Hey, I'm Cramer. Welcome to Mad Money. Welcome to Cramer. I'll be one of my friends. I'm

just trying to make you some money. My job, not just to entertain you, but to educate and

teach you has been doing for how many years this is our 16th. So call me at 1-100-7

or 3-C-M-C or tweet me. Please, gently. It's our 16th at Jim Cramer. So you're getting

your stimulus check from the government, right? I mean, what do you do? What do you do with it?

Before we even talk about investing, you got a plug of holes, got a pair of for credit card debt,

maybe you got to make sure you got some health insurance. I know really boring advice,

but those costs can each alive. Once that's covered, you should put most of what's left

into a cheap index fund that mirrors the S-M-B-500. That's for retirement. And then finally,

finally, there's your mad money. A fitting concept given that today is indeed our 16th

university. And otherwise, a daily positive session, that ultimately advanced you 175 points.

Oh, it traded all over the place, but then nicely, S-M-P-Gating 0.65%, and then asked

that climbing 1.05%. Well, you're probably thinking, what? Doesn't Cramer say starboard

individual stocks? Because if you qualify for stimulus check, you might not have enough

money for cushion. I always tell you to put your first 10 grand into an index fund, because

you start picking stocks or asking us like crypto currencies. Well, you know what? I've

been saying for a decade and a half, you got to be diversified. And that's what the pulp

it's about. Be diversified. But let's say you got that cushion. What's next? All right,

well, your choice of investments depends on where you are in life. And to a lesser extent,

your own personality, which I can't tell you about. I mean, if you're young and you got

a whole lifetime of paychecks ahead of you, you could afford to take one a lot more risk

assuming you're comfortable with it. As you get older, you do need to be more cautious.

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