4.4 • 3.9K Ratings
🗓️ 22 August 2025
⏱️ 44 minutes
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0:00.0 | Hey, I'm Kramer. |
0:10.0 | Welcome to Mav Money. Welcome to Kramer. Other people want to make friends. I'm just trying to make a little money. My job's not just entertained, but to teach you. So call me at 1-800-743 CBC or tweet me at Jim Kramer. In a bull market, there is nothing worse than watching the averages roar higher while your portfolio just sits there barely moving. |
0:40.6 | It makes you feel like a complete dope, doesn't it? |
0:44.4 | Like the stock market must be some sort of total shell gate. |
0:47.5 | But really, it just means you might be making a few basic mistakes. |
0:51.2 | That's why tonight I'm devoting the whole show to my playbook for taking |
0:54.5 | advantage of a short-term rally, not to be confused with a so-called bear market rally, which is a bogus term people throw around whenever stocks go up at a time when the intelligentsia thinks they should be going down. Sell, sell, sell, sell, sell, sell. Yep, I want to give you my game plan for handling short-term gains. Now, I know what a lot of you are thinking. What kind of incompetent dofuss needs a guide to make money and rally? What's next? Is Kramer going to draw us a diagram? Explain how to pick your nose? I mean, man, potty training? Should I just start reading picture books to children? Hey, we've already got the animal sound effect. |
1:28.5 | And reading rainbows been off the air for more than a decade. |
1:32.0 | Maybe you feel like that that's the same level of difficulty as making money when the stock market is on fire? |
1:37.9 | Who needs help when it dials up hundreds of points in a day or even better during a multi-day rally, a real run, a buy fest. |
1:47.4 | Do you really need my advice to help you deal with what huge profits? |
1:51.6 | No, I'm not buying in that biggie, small, series of investing more money, more problems. |
1:56.0 | But knowing how to approach a quick run the right way can make you a better investor. And tonight, I want to teach you some of the discipline that we demonstrate for the CBC Investing Club all the time. Sure, everybody makes money in a big rally. It can even feel like your portfolio's run itself, doesn't it? Does it feel like that? But I'm not here to talk about how to make the most money possible when the market's up big. Honestly, not that crucial. |
2:18.3 | No, the most important lesson for dealing with a major short-term move higher |
2:22.3 | is that you always have to work hard to prepare yourself for the future. |
2:26.3 | Otherwise, you'll end up letting some great opportunities to... |
2:29.3 | Sell, sell, sell! |
2:31.3 | Pass you by. |
2:32.3 | Sell, sell, sell! That's right. Just as Pass you buy. Sell, sell. That's right. |
2:34.8 | Just as we can't give into despair when the market's down, you certainly don't want to give into euphoria and buy-by-bye-bye when the market's roaring. That's not when you should buy. It is when you should be taking some chips off the table. Remember, you don't actually have a profit until you sell something. You aren't making money until the register is wrong. |
2:33.2 | And the idea that you should buy and hold through the table. Remember, you don't actually have a profit until you sell something. You aren't making |
2:50.8 | money until the register is rough. And the idea that you should buy and hold through both the best |
... |
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