Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer) | James J. Cramer | His Best Book Yet
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Jim Cramer's Stay ...
Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)
James J. Cramer
Simon & Schuster
, 2007 - 269 pages
average customer review:
based on 54 reviews
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highly recommended
Necessary Reading for New Young Couples
Jim
Cramer
s most recent book as an absolute "required reading" for young married couples. If they apply the principles demonstrated in this book, they will be well prepared financially for the future and retirement.
His Best Book Yet
At last, Jim
Cramer
has written a book for real people. The other ones were useful, but this one finally addresses the issues that affect retired investors, non-millionaires and others who are not out simply to
make
a fast buck off the market. I recommend this highly to anyone seeking some good basic advice with the Cramer touch.
Must read for learning personal finance basics
I consider myself a reasonably savvy person when it comes to basic finance. With that said, I wish I read this book when I was in high school or college. Although I watch Jim
Cramer
's
Mad
Money frequently and sometimes question his over-the-top approach on his TV show, '
Stay
Mad for
Life
' is a great book to go through and review the fundamentals of personal finance. To me, this should be the first Jim Cramer book you should read.
Cramer's book titles often flash the word '
rich
' and he frequently reminds you that he will
make
you rich in his book, but I applaud the way he does it. Cramer frequently stresses that you must take care of the basics first, such as
get
ting out of debt, putting retirement ahead of toys, and making sure you take responsibility for
your
financial future. He does not say do exactly A,B and C and everthing will be great. He also emphasizes that you need to question everything, including him.
I especially appreciated Cramer's dissection of mutual fund fees, especially 12b1 and front-end/back-end loads. If you know what these things are, this book may be too basic for you. If you don't, you'll find Cramer's Mad for Life a good start in personal finance. After reading it, I called my financial advisor, reviewed my portofolio and adjusted it. Cramer's book made me sit up and scrutinize my personal finances. And that is exactly what each person who wants to 'Get Rich, Stay Rich' needs to do.
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required reading
Everyone planning ahead needs this text. Young savers need to watch what they invest in and be more aggressive in the early years.
Cramer
explains types of investments to start with and to use the best that is available to you.
Good But Long Winded
I think this book is very informative but I think he can
get
the point across in a more direct way. It is a little long winded but again very informative!!!
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