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JIM CRAMER’S REAL MONEY
By James Cramer
Maybe it’s a sign that I’m getting older or maybe more responsible, but I’ve finally decided to be interested in money. And like anything else, when I become interested in a subject, I start with research. I’ve read four or five books on money and investing so far, and the best one to date is Jim Cramer’s Real Money.
I don’t know if you’ve ever caught his TV show on CNBC – if you have you would remember it because Cramer is crazy. You thought I had a lot of energy. I look like I’m asleep compared to Cramer. This guy loves stocks – loves them – and he knows something about any stock you can name. In his latest bestseller, he shares with the reader how to become an investor and make money in the stock market in a way that is simple and understandable. Cramer believes in diversification and speculation, something many other pundits would never endorse.
I’ve been one of those people who is more than a little intimidated by the jargon like P/E ratios, shorts and puts, etc., but Cramer takes the fear out. He’ll say, “Look. This is fifth grade math. You can do it. Divide the price per share by earnings per share and you get the multiple.” For more explanation, read the book.
It’s easy reading and it’s fascinating if you are like me and want to know how to begin to invest and maybe get some passive income coming into your home. I give a hearty thumbs up to Jim Cramer’s Real Money. On the Book Beat for KSL Newsradio, I’m Amanda Dickson.