Jim Cramer’s Real Money

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Sane Investing in an Insane World
James Cramer

Your personal investment strategy cannot exist in isolation. There is no such thing as universal rules or insider secrets that will apply to everyone all the time. Rather, your investment strategy can and should vary in sync with your individual investment goals, which will change and evolve throughout your working life.

There are only two genuine reasons why you should invest:

1. To save for retirement > Apply the 25 rules of investing
2. To have some discretionary funds > Apply the 10 commandments of trading

The rules of trading and the rules of investing are quite distinct and different. Many newcomers fail to undrestand or make this distinction, and end up taking ideas that apply in one context and applying them to situations that actually require an entirely different appraoch. This can be detrimental to your ability to achieve your investment goals, and almost guarantees that you’ll get caught up in the periodic periods of “irrational exuberance” that typify the stock markets.

Jim Cramer’s Real Money