Transcripts For WAVY Mad Money 20160119 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Probably and a host of history classes. You can graduate from college speaking three languages and having a deep understanding of quantum physics but you know the one thing they never teach you in high school let alone never touch with a ten foot pole in College Financial lit asy. You can be an econ major and never learn how to balance a darned checkbook. Money is just not talked about in the education. Its like the third rail of the whole educational system. And thats why im on a Constant Mission to teach you every Aspect Imaging your money so youll becoming a better investor when it comes to retirement investing and your discretionary mad money portfolio. Which is a big reason i wrote get rich carefully to begin with. Most even if you dont own any individual tostocks directl you have a 401 k plan and thats why i want to talk about retirement. 401 k plans are the main way that americans save. Theyre among the great tax Deferred Investment vehicles out there along with the ira, not the
One part of building real wealth. There are some people, call them the 1 if you will, who can make enough money from their ordinary day to day income to become truly rich. What a great thing. But for vast majority of americans, that paycheck is not enough. You need to augment it, work with it. If you keep watching, im going to tell you how to do that, not just for the next year or two years but for the rest of your life. Now, usually i come here and tell you what i think of the market, what themes i think are best, stocks that best fit those themes but the truth is before you start investing in stocks there are a lot of other things you have to do if you want the payoff from those investments to mean something later on in life when you most need the money. You may not want to hear this, but its absolutely fruitless to think you can get rich in stocks if you havent laid down a foundation for building longterm wealth beforehand. What do i mean by that . Simple. I can make a fortune in th
Chemistry, geometry, physics and a host of history classes. You can graduate from college and have a deep understanding of quantum physics. But you know what they teach you in high school but wont touch with a tenfoot pool in college, financial literacy. You can be an e conmy major and not even learn how to balance a darn checkbook. Money is not talked about in education. Its like the third rail of the whole educational system. And thats why im on a Constant Mission to teach you to manage your money so youll become a better investor when it comes to retirement investing and playing around what w what i call your discretionary mad money portfolio which is a big reason why i wrote get rich carefully to begin with. Most of you even if you dont own individual stocks directly you probably have some kind of exposure to the stock market. 401 k plan y you keep the bulk of your Retirement Funds which is why i want to talk about retirementment for those of you who have been living in a cave, 401
My mission is simple. To make you money. Im here to level the Playing Field for all investors. Theres always a bull market somewhere. And i promise to help you find it. Mad money starts now. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make frebds, im just trying to make you a little money. Its my job not just to entertainer you, but to teach. Call me at 1800743cnbc. There are some things ive been keeping from you, its not fair. Tonight im going to do something about it. Tonight i am going to tell you who i am and how i got here. No, not i am jim cramer, host of mad money, squasquawk on the stree street, squawk on the street. Com. That plus an avatar and 140 characters pretty much sums up everyone these days. I want you to know more than that. Although it did take me two years that an avatar wasnt a movie and a hashtag wasnt a number sign. What i want to do tonight in an extremely special and personal show, even by my own wacky standards, is trace th