You take 100 of the risk, and you get 30 of the return. Narrator correspondent martin smith investigates. Smith make it simple. Thats a question that can only be answered on what your Risk Appetite is. Smith but this isnt making it simple. Well, i. I wish it was simple. If you want to gamble with your retirement money, be my guest. Narrator tonight frontline, the retirement gamble. Frontline is made possible by contributions to your pbs station from viewers like you. And by the corporation for public broadcasting. Major support ffrontline is provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional funding is provided by the park foundation, dedicated to heightening Public Awareness of critical issues. And by the frontline journalism fund, supporting investigative reporting and enterprise journalism. Increasingly, americans in money trouble in this bad economy
Decision to overturn his ban that was supposed to go in Effect Tomorrow limiting the sale of soda sugary drinks. He says he will prevail on appeal. He thinks the judge made the decision in error, right now drink up, you can have drinks larger than 16 ounces. Pete can is sighing in relief. Thank you, courtney. Pete, kick it off. A big gulp of blackberry. Giddyap, dogs. Its going higher. If its good enough for the tweeter james, then its good enough for the final trade. Thats great. Grasso . Id like to finish off where i started, micron, theres been price targets on this upwards of 13. Stay on the micron train. And who won the street fight, i wonder . According to twitter, i think it was tim. It was tim. It was tim. See you tomorrow, back here again at 5 00. Meantime, stay right there. Right now stay right there. Mad money, jim cramer starts right now. Mad money, jim cramer starts right now. Im jim cramer and welcome to my world. You need to get in the game. Firms are going to go out of
Dee gary and stephen really didnt deserve to be brought back. The idea for the presentation was mine, and, really, no amount of kicking and screaming and pointing fingers at my teammates was gonna change that. All that would have done is made me less classy and sort of a crappy person for doing it, and i just couldnt do it. Im jim cramer and welcome to my world. You need to get in the game firms are going to go out of business and hes nuts. Theyre nuts they know nothing i like to say theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends, im just trying to save you some money. My job isnt just to entertain you, but coach and teach. Call me at 1800743cnbc. We are all so conditioned to hating stocks and hating the market that were puzzled. We cant seem to figure out how to deal with the new levels weve seen. Including today, when the dow gained five points and the nasdaq advanced
To deal with the new levels weve seen. Including today, when the dow gained five points and the nasdaq advanced. 09 . I know even i, ive said i want to wait for a couple of down days after this winning streak simply because we havent been up nine Straight Days in a row for the dow since november of 1996, and that hallelujah thats a stunning record to be tying and oh, my, were things different and so much better in the economy then. The economy, i remember it well. Jobs were plentiful, easy to get. We had people hiring in everything from technology to finance, manufacturing, housing, retail was smoking. 1996 we were at the cusp of the technological revolution where the internet was just beginning to take hold of the consciousness of entrepreneurs. I was running my hedge fund back then and at the same Time Starting thestreet. Com which remains an important focus for me now. I started the street because i envisioned a world where your personal computer married to a phone line could get in
Money. My job is not just to entertain you but to try to teach and coach you. So call me at 1800743cnbc. Somewhere along the line, the psychology shifted. Somewhere along the line, it stopped feeling good to sell and started feeling loathsome and stupid. Somewhere we developed sellers remorse after a stock transaction. And we see it now every day, including today where the market opened down, right . People sold. And then it rebounded. The dow closing up 50 points, the nasdaq 9, s p 5. We typically associate buyers or sellers remorse with real estate. There is a ton of second guessing about the homes bought in the 20062008 time frame, justifiably so. You know the litany of should have, would have, could have. Did i pay too much . And then what was i thinking music, finally now what do i do . Anger, denial, acceptance trilogy. Isnt that what its been like to buy a stock for most of the last decade, often because of how whippy the markets been . You would buy a stock, and by the time you