Jim is talking from his heart…even if you were to think logically, for someone like him to say what he is saying, in his position, should really have you believe this is truly a crisis. His comments can be compared to a chocolate factory telling you not to eat any more chocolate because it is not good for you. Now, Jim’s whole business, his life, his show is about stocks but to say ”get out”…
I am not in need of my finances for right now, though this may change based on the climate of the market. When I initially invested I told myself I wouldn’t touch this money until retirement, but I don’t want to lose everything and have nothing to retire too. I am sure I am not alone, but I cannot help shake the feeling.
We have two candidates in front of us, which everyone has their opinion on and I will not use this moment to share mine, that really need to understand the decisions they make today will shape the future of America PERIOD
1 comment:
I can appreciate Cramer's need to warn his listners to take their money out if they need it in five years. Cramer's role since this show is an advisor of buying and selling. Essentially, he says sell. And, while they will potentionnally retain what is left of the restirement funds of those planning to retire w/in the next five years, I cannot help but wonder whether that will really hurt the current situation. Cramer is well followed and often his recommendations cause a surge in the price of stocks. Im sure many have pulled out funds since the showed air. On the flip side, why shoul we have to sacrafice out savings in order to not worsen a mess that none of us created?
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