Cramer's Mad Money Recap: Facebook, Merck, Nvidia
Jim Cramer explains the smart way to pick winning investments in stocks, IPOs and SPACs.
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There's a lot more to investing than just owning index funds, Jim Cramer told his Mad Money viewers Tuesday. Anyone who tells you picking individual stocks is a fool's game is just plain wrong, Cramer said. It's a lot easier to find winning investments than you think.
There is certainly a place for index funds in your portfolio. If you're just starting out, your first $10,000 should be in an index fund. And if you don't have the time or inclination for a little homework, then index funds are the place to be. But for everyone else, there are better ways to make money.