meta_pixel
Tapesearch Logo
Log in
Mad Money w/ Jim Cramer

Mad Money w/ Jim Cramer 12/30/24

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.43.9K Ratings

🗓️ 31 December 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money. Mad Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

My mission is simple, to make you money. I'm here to level the playing field for all investors.

0:08.2

There's always a little market somewhere, and I promise to help you find it. Mad Money starts now.

0:16.8

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramerica. I'm just trying to make

0:22.7

you a little money. Now, my job is not just to entertain, but to teach you, and that's what we're

0:27.4

doing tonight. So call me at 1-800-743 CNBC or tweet me at Jim Kramer. Yes, tonight I'm letting

0:33.4

you in on something big. The method to my magic. I believe that you can do everything I do at home

0:40.5

if you're willing to put in the time and effort. Investing, specifically investing in individual

0:44.5

stocks, running your own portfolio rather than dumping your money in some buy and forget

0:49.4

index fund, is something I am confident all of you can do by yourselves. I always emphasize the homework,

0:55.9

and I hope you do the homework for my charitable trust stocks if you join the CMEC Investing Club.

1:01.5

In the old days, my rule was that you need one hour per week per stock. These days,

1:05.0

though, the research is so readily available online that I'm willing to count less than an hour

1:08.6

a week for a portfolio of five stocks, say a few hours if you own 10 stocks unless you belong to the club itself and you have a much

1:14.3

easier time and you cut down how much well homework you have to do because we do it with you.

1:18.8

Investing is in more than just 10 stocks and then I get worried because that can be difficult

1:23.9

unless you're managing money full time. Of course, if you don't have the time or the inclination to big stocks,

1:29.7

then you are better off parking your money in a low-cost index fund that mirrors the SB 500.

1:34.0

And I like those. They're good. I'm in some.

1:36.5

But if you're willing to put in the work, regular people can trounce the averages as long as your discipline,

1:41.2

and you follow the rules. Rules we constantly highlight as part of the

1:45.7

C&BC Investing Club. How do you start? Well, that's what we're talking about tonight. Like I said,

1:50.6

the show is all about the method or methods to break from strictly quoting the bard to my madness.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.