4.4 • 3.9K Ratings
🗓️ 11 February 2025
⏱️ 44 minutes
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0:00.0 | My mission is simple, to make you money. |
0:05.0 | I'm here to level the playing field for all investors. |
0:08.0 | There's always a little market somewhere, and I promise to help you find it. |
0:12.0 | Mad Money starts now. |
0:15.0 | Hey, I'm Kramer. Welcome to Mad Money. |
0:19.0 | Welcome to Kramerica. If you makeramer. I'm just trying to make you |
0:23.0 | little money. My job is not just to entertain and educate, but I want to teach you and explain. |
0:29.3 | And tonight I'm doing it. So call me at 100, 743 CBC or tweet me at Jim Kramer. We too often invest |
0:35.8 | for the day. I always hear people talk about what's working at the |
0:39.9 | moment. And the old days, when the great Mark Haynes ruled the mornings around here, I remember that each |
0:45.1 | time I co-hosted, he would introduce me as Reverend Jim Bob from the church of what's happening now. |
0:51.1 | It was fun back then. It seemed like everyone must run their own personal hedge fund. |
0:55.0 | There was an understanding that a stock could be here today and going tomorrow and everything |
0:59.0 | was fine. Everyone was fine with it. Those days are over though. And if you recommend |
1:05.0 | a stock for a trade, even if you say, buy it today for the analyst meeting tomorrow and then |
1:10.0 | you sell, there will always be a video, a YouTube, kicking around, shows you like the stock, but never gave the sell call. |
1:18.4 | So we've gone beyond that. We're all about educating you to be a better investor. The same thing we do every day at a higher intense level at the CNBC Investing Club that I want you to join. |
1:29.6 | Tonight, I want to introduce you to the concept that is so important, and it's called |
1:33.6 | suitability. Basically, what stocks fit you? What investments are right for you? Not for this week, |
1:40.4 | not for this month, but for your age, for your temperament. I first heard of the |
1:44.3 | concept of suitability when I was in training at Goldman Sachs for the group that helped |
1:47.8 | small institutions and individuals, now called Private Wealth Management. I've been buying |
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