Originally Posted by
tmcboy20
ITs definietly not an investment. But if you follow Cramer's strategies, he recommends having a little money depending age use up to 20 percent of your portfolio for speculation or gambling. If you want another gamble throw $200 into buying Iraq dinar
Cramer (like all investment managers) gets some right and some wrong. While I like a lot of what he says, if you watch he actually trades a lot instaed of "investing". Typically an investment is held for years where a trade may be held for minutes to less than 24 months. Everybody has to decide their own investment/trading style. Personally I do both.
There is a lot to be made trading as long as you use a brokerage firm with low fees and you base you trades on knowledge. The stock market is driven by two factors, fear and greed. When times are good greed sets in, when times are bad the fear takes over. By using this to ones advantage you can make sound investments in both good and bad times.