4.4 • 3.9K Ratings
🗓️ 7 May 2025
⏱️ 44 minutes
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0:00.0 | Hey, I'm Kramer. |
0:03.0 | Hey, I'm Kramer. |
0:24.2 | Welcome to Mab Money. |
0:25.3 | Welcome to Kramerica. |
0:26.7 | I'm just trying to make you a little money. |
0:29.7 | Now, my job is not just to entertain, but to teach you. |
0:32.8 | And that's what we're doing tonight. |
0:34.0 | So call me at 1-800-743 CNBC or tweet me at Jim Kramer. Yes, tonight I'm letting |
0:39.3 | you in on something big. The method to my magic. I believe that you can do everything I do |
0:46.1 | at home if you're willing to put in the time and effort. Investing, specifically investing in individual |
0:50.5 | stocks, running your own portfolio rather than dumping your money in some buy |
0:54.8 | and forget index fund, is something I am confident all of you can do by yourselves. |
1:00.2 | I always emphasize the homework, and I hope you do the homework from my charitable trust stocks |
1:05.3 | if you join the CMEC Investing Club. |
1:07.4 | In the old days, my rule was that you need one hour per week per stock. |
1:10.5 | These days, though, the research is so readily available online that I'm willing to count this |
1:13.7 | less than an hour a week for portfolio of five stocks, say a few hours if you own 10 stocks, |
1:18.4 | unless you belong to the club itself and you have a much easier time and cut down how much |
1:22.2 | well homework you have to do because we do it with you. Investing is in more than just 10 stocks, and then I get worried, |
1:28.6 | because that can be difficult unless you're managing money full time. Of course, if you don't |
1:33.7 | have the time or the inclination of big stocks, then you are better off parking your money |
1:37.2 | in a low-cost index fund that mirrors the SB 500. And I like those. They're good. I'm in some. |
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