Have you ever heard of a guy named Jim Cramer? If you’re a seasoned investor you certainly know of the television personality, best-selling author, and host of CNBC’s Mad Money show. If you’re a novice investor you may have heard of him as well due to his popularity but we would caution you to stay away. Why?
This article is not a hit piece on Jim Cramer. He is a wildly successful entertainer who adds color and talking points on the stock market but make no mistake about it…he is not your financial advisor. As a matter of fact he advises nobody professionally but by virtue of his massive media platform he commands a lot of attention, which gets construed as diligent financial advice or valid recommendations. Continue reading