look how handsome. he's big timing us >> you know what is big time, as well it's up there on the screen there, mel, paypal going higher. >> i'm melissaee l thanks so much for watching and test my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money." welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job isn't just to entertain but to educate and teach you call me at 1-800-743-cnbc. or, of course, tweet me @jimcramer. anybody who has a high school

diploma has almost certainly taken a course in chemistry, geometry, physics probably and a host of history classes and you can graduate and have a deep understanding of quantum physics. you know the one thing they almost never teach you in high school let alone touch with a 10 foot pole in college financial literacy >> i'm not talking economics you can be an econ manager and still no snowinothing about fina planning money is not talked in education. it's like the third rail i want to teach you about every aspect of your money to become a better investor both retirement investor and what i call your discretionary "mad money" portfolio, which is a big reason why i wrote get rich carefully to begin with. most of you, even if you don't own individual stocks directly,

you probably have some kind of exposure to the stock market, probably your 401(k) plan where you keep the bulk of your retirement plans for those living in a cave the last 20 years, 401(k) is the main way people save one of the best retirement vehicles out there along with the ira, not irish republican army, individual accounts. those about to fall asleep or change the channel because the whole idea of retirement puts you to sleep hear me out. you need to know this stuff. i will tell you some things you won't hear from the so-called experts. this show is different at this point, it's pretty much become conventional wisdom you have to invest in your 401(k). only an idiot would not invest in a 401(k) plan a lot of experts say you max out if feasible. it's going up 17,500, and then

18,000, 2015 those contributions come from pretax income. i am not someone that thinks you should max out with the 401(k) and say it's the key to your financial salvation. the point is 401(k) plans can be a real mixed bag with a couple really great features and a lot of bad ones, too. those bad features will eat away for years sometimes with fees totally hidden from you actually quite upsetting for me let melee out the good, bad and ugly of 401(k) plans and maybe it makes more sense to contribute to it or put the cash somewhere else the best thing about a 401(k), it's a tax deferred investment vehicle and but in no taxes on what you pay in and never pay tax on profit you make and allows you to compound year after year being fantastic decade after decade, totally

tax-free until you decide to start making withdrawals regular viewers of this show know i'm a big believer of compounding. suppose you're 30 years old and start investing $5,000 to your 401(k) remember, you're not paying any income tax on that pretax income if you choose your investments wisely, you should be able to generate 7% of return on average. over the next course of 30 years, you'll be contributing to $150,000 to your 401(k) plan because it compounds year after year with taxable gains taxes, that pretax income could be worth over $511,000. if you had to pay taxes on the capital gains the number would be a lot lower, perhaps as much as $110,000 lower, that's how important compounding is say the tax deferred nature of the thing. you only have to pay 401(k) taxes on your money once, when you decide to withdraw it.

at that point your withdrawals of ordinary income and because you're retired you will be taxed at a lower rate than when you first earned it when you were getting higher rate levels that's one major reason to like 401(k) plans secondly, not all employers but some will match your investment. your employer may throw in 50 cents up to a certain point. that is free money you never want to walk away from free money, especially again when it's untaxed. if you don't get free money from your employer to contribute to your 401(k), it's a much less compelling option. like said before, there are a lot of things about 401(k) that can be really bad, which is why again if you don't get a match for your employer i believe it's a better idea to save for your retirement via the independent requirement account, ira you can only contribute give

$5500 into your is your or 650050 or over why do i think an raira is a better option, it republicans from company to company. a lot of companies give you a 401(k) plan with limited options and sometimes you only get to choose between a dozen, couple dozen at most different mutual funds. for those that can't pick your own stocks 401(k), my number one rule is before you contribute money to your 401(k) plan, make sure it gives you the option to put your cash into something worth investing in i'll make this very simple, if you can't pick your own stocks in a 401(k) you want a nice low index fund from the s&p 500. if they don't offer that, shame on you -- shame on your company and go with a self-directed ira, not talking fidelity, but so you can have control over your money. one more negative, within a

401(k) within a mutual fund, you have to pay the mutual fund's fees, really important your 401(k) administrator, the people your employer hires to run these plans, they will also charge fees, meaning that all of the money 401(k) saves you on taxes a great deal of that can be clawed back by these fees have you ever looked at your statement and wondered why your 401(k) holdings aren't increasing in value like they should be? fees are probably the reason here's my bottom line on investing. the company offers a 401(k) match to your contributions, you want to put money into it until this match is maxed out. don't give up free money if your 401(k) doesn't give you options worth investing in, you would be better to skip the 401(k) and go straight to an ira immediately. debra in california, debra >> caller: hi, jim

thanks for taking my call. >> you're quite welcome. >> caller: i have a two-part question regarding the value of listening to a company's earnings conference call >> okay. >> caller: the first part is how can we decide what we want to do, in other words, what action we want to take, based on the earnings report since the stock frequently will behave in a contradictory fashion to the report for example, a company can report good earnings but guide lower on the revenue and earnings going forward, and the stock will go up the second, you might think it should go down, right? the second part of my question is, i'm on the west coast, so the calls frequently are at 7:00 and 8:00 a.m. eastern time for me, the value of listening to the call is diminished because i'm not going to get off at 4 or 5:00 a.m. to listen to it so i'm not really going to

take any action on that. >> here's the solution to this, deborah, you have no gun to your head, unlike the hedge funds you can list at your leisure i'm not trying to get anybody in a quarter ahead of a stock if i can avoid it you want to take a longer term view in the comfort of your home without any noise, go listen to the call or read it. go to yahoo! finance, get some research, street.com, cnbc, get some research, match the expectations with what was said, take a longer term view. that's the advantage of the individual investor, you don't have to play that day. doug, in nevada, doug. >> caller: bountiful booyah, mr. k. >> okay. >> caller: my question is i have a 401 fairly substantial, would it be advisable for me to change that to a self-drerirected ira?

>> what matters is the match if the employer is maxing, no. you want the max match so to speak and after that, yes. six or one-half dozen of the other and the funds aren't that good you're allowed to be in your 401(k), yes, i want you to choose the self-directed ira let me help you take control of your financial future, when it comes to retirement if your company matches your contribution to the 401(k) match that out that's important if you don't get employer match, go straight to the ira on mda tonight, you just got your diploma, don't miss my advice to college grads. investing in stocks alternative? that's okay and let's chart your course to retirement stick with cramer. don't miss a second of "mad money. follow @jimcramer on twitter

have a question, tweet cramer, #madtweets send jim an e-mail to "mad money"@cnbc. give us a call at 1-800-743-cnbc miss something, head to madmoney.cnbc.com.

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fin financial elements would it be so crazy you have to take a financial class in high school sadly, i am nobody's dictator and don't have any influence over educational policy in this country but i do control what we talk about on the show can i take a moment to speak some words we all believe but rarely get to say in conversation money is important it's really important, and caring about the state of your finances does not make you some kind of superficial monster. let's say you have a really lousy credit score and you want to get married congratulations, you just inflicted your horrible credit on your new spouse neither you nor your partner will be able to qualify for a car or home or get a darned credit card. these things matter in life. they say money can't buy

happiness, i've often found that clichedubious at best because being broke is indeed a major buzz kill as i know first hand from the time i spent living in my 1978 ford fairmont. i sure wish i had an expert to guide me through this stuff way back then. let me answer one of the most important questions out there. what the heck should young people do with their money first and foremost and always, you need to invest that's the only way you're going to be able to achieve financial freedom. by freedom, what i mean is living a life where you're not totally 100% dependent on your paycheck i'm always thrilled when i see members of the younger demographic taking an active hand managing their own money. too many people save investing way too late and makes their lives more difficult than need be many young people feel they have all the time in the world and

invest before they're ready when there are in fact many better things to do with their money. i will drill down on that and give you lessons with a caveat just out of college. before you start investing, pay o your credit card debt. this is something i mentioned before especially true with young people credit card companies have gotten awfully aggressive about offering credit to college students, no matter how much money you rack up in the stock market, if you carry a balance on your credit cards it will eat into your return i know this first hand and it will take away from the profits you make from investing at least on a percentage basis. just pay your credit card balance every month. automate it with your credit card company you'll be tempted not to i can't defeat that credit card debt no matter how many good investment tips i have on the show this is for all young people recently graduated and regardless of age and education level. you need to save money

i recognize not everyone has an inherent predisposition to save and we can't all be natural inherent cheap sakes and telling you to save over and over again wouldn't necessarily do any good however, the stock market is a way to trick yourself saving from your paycheck you might otherwise spend. we try to do some entertainment during the teaching whereas leaving money in a savings account or certificate of deposit feels joyless for a lot of people not to mention the returns are so small they're yes indeed i will use the word meaningless. and if you invest your money in the market it will be a lot less temptation to spend your money on things you might not need because they will sit in stocks you want you have to sell those stocks to get your money back and there's a natural predilection to not sell once you buy. not only is this a terrific way to get you saving but good from

a financial perspective right now. money market funds, check every week and cds, give you hardly any money at all it's a waste of cash when you can be making a lot more money and working with your money and get your hands dirty with your money. for young investors while you're young you can afford to take a lot more risk rather than old foggy than myself and you can get away with reckless strategies by owning respective single digit stocks or the down side and playing with options and generally being more aggressive with your money why is that? not because young people are naturally better speculators not at all simply because when you make a mistake in your 20s with your money you have the whole rest of your life to fix it. you can afford to buy more risk stocks and losing your money when you're young because you have 49 years to make back your

losses and you have to take those risks. older investors you have to be more cautious and the closer to retirement the more careful you have to be, more high yielding stocks and in single digits. if you're younger, forget about bond, i'm begging you. there is no reason for someone in their 20s to have bond exposure when that money could be invested in stocks or more likely make you a high return year after year. young people, take this advice to heart, especially because i suspect the recent college grads most likely to invest in the market are the ones the most responsible and prudent about their money. prudence is great putting together a budget to live with within your means or deciding how much of your paycheck to save every month for young investors, being too prudent is being reckless. 20 something, live a little, especially stock portfolio play around with respective names, maybe tiny biotech

companies with a lot of potential. if they blow up on you and go all the way to zero, you have your whole life to make that money back final lesson for young investors, never too early to invest for retirement. use your 401(k) and especially roth and will give you more on that later investing after college is a great way to trick yourself into saving money you might otherwise spend that money. remember, when you're young you can afford to take more risks for your portfolio and never too soon to contribute to your 401(k) or ira, especially if that ira is a roth to mike in tennessee >> caller: love your show. watch it all the time. >> thank you >> caller: my question is a few episodes ago you said you did not like buying a stock if the peg ratio got above two. >> right >> caller: i'm wondering if you

use peg ratios as a sell signal and if you do how long do you let it go before you pull the trigger and sell a stock >> when it's one to two times above growth rate i get nervous. you have to be careful with cold stocks the typical stock if it trades for lower than two times that rate of growth, i'm fine with it it is a red flag once it gets higher a penny save is a penny earned it's never too soon to contribute to your ira or 401(k) i have a lot more tonight on this deep dive of pros and cons of deep depth funds. i will point you in the right direction here and now i wouldn't wish student debt on my worst enemy i will help protect your family from this expensive burden stay with cramer

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retirement boo-yah we live in a world where you have more choices about where to invest your money than ever before a virtual infinity etfs, mutual funds, you name it more choice isn't always better. sometimes more options makes it impossible to decide which ones

are right and which ones are wrong for you. you never had more options when it comes to picking exchange traded funds and mutual fund than you do right now. they're everywhere at this point, there are so many different etfs, it can make your head spin. as a side note i i had the way the sector etfs like the banks and home builders, i hate the way they're warping away the whole stock market trades and something you can find out in "get rich carefully. i have to urge you to find out about them the important thing is this, you have all sorts of mutual funds out there and etfs, they can all advertise. they want your money one of the biggest mistakes you can make as an individual investor is to give it to them with a few significant exceptions unfortunately this is one of the most common mistakes out there most people in this country equate investing money with

mutual funds and half the households have experience with mutual funds and many don't have a choice and a lot of companies give you a menu of mutual funds to choose from the major reason all else being equal an individual retirement account or ira is a better way to invest for retirement for you what is so bad about mutual funds? why am i railing against something an institution in this country? simply, you're more likely to be getting hosed. i don't want to paint with too broad a brush here there's some worthwhile mutual funds and i will help you find them in a moment first, you need to understand the problem with the mutual fund model. my main beef with actively managed mutual funds, where there are people deciding which stocks are securities to buy and sell we have problems. unlike hedge funds, mutual fund managers don't get paid for delivering performance collect fees from investors, people like you, and the amount of money they make depends

entirely under the assets under management aum we call it the biggest incentive is not necessarily to do well something good performance can help with, what they're really being paid to do is bring in more money from more investors, sales people for their funds that's part of the reason why in study after study year after year, it has been shown the vast majority of actively managed mutual funds under-perform their benchmarks, like the s&p 500 if you invest in an actively managed funds for u.s. stocks its performance will most likely fall short of the s&p 500. make matters worse, even though actively managed funds consistently under-perform in the market, they have some of the highest fees in the business how do you like that they don't do as well as the benchmark and they charge more even if your fund does manage to beat its benchmarks your odds are good any outperforms could be eaten up by management fees

and you will end up in an under performance investment than the s&p 500. there's some mutual funds with fabulous managers who deliver consistent results i will tell you how to find them another time when a fund delivers great results so long if they're a decent person they will stop accepting investments put their foot down. when a fund gets so big it's difficult to beat the market as a general rule you don't want to be in an active fund and fees are too high and it is too hard to keep going that way your best strategy is manage your own portfolio on individual stocks, what i talk about night after night on "mad money. for those who don't have the timeto research individual companies or your 401(k) plan won't let you own them, let me tell you the smart way to invest in mutual funds. if you want, you can write this down, a cheap low cost index fund that mirrors the market as

a whole, one that mimics the s&p 500. index funds have ultra low fees, with an s&p index fund you have a vehicle that will let you participated in the strength of the stock market without spending the time to pick individual stocks. this may sound like a real simple solution. don't underthink it. the whole point of a fund is to save you the time of managing your portfolio stocks. that's why i think it's insane when people start investing in multiple mutual funds. there are sector funds and etas out there but no reason for homeowners like you to have exposure to them if you will take time for individual sectors, that time would be better spend picking individual stocks. as for etas, they're for trading and i don't like them. -- etf -- can take long term performance and they're not set up for long term performance and the exception is the etf i

like for gold. if you're not a pro and not managing portfolio for stocks and not day trading every day you probably shouldn't be fooling around with etfs either. bottom line the end of the day a cheap s&p 500 index fund is the cheapest way to passively manage your money better than massively mutual funds an index fund owns everything, the good, the bad and the ugly if you do have the time you can beat the performance of an index fund by picking stocks yourself, the entire reason i do this show every night. if you don't have the time, don't overthink it, one cheap s&p index fund is indeed the best way to go mary in maryland, mary >> caller: boo-yah, jim. >> uh-huh. >> caller: jim, i started listening to you a while back. then, i started buying stocks on your advice. >> thank you >> caller: now, i'm looking at my portfolio here, and, jim,

jim, my eyes have seen the glory! so i want to perhaps buy some china stocks, however, i'm curious about adr and possible exposure to foreign currency exchange rate. so can you edu-cramer us on adrs and exchange rate exposure >> sure. we have the battle hymn of republic overseas, i don't know if i like that if you want to own an individual stock and the businesses are good i don't care where they are, the business is that great, the stock will go higher, doesn't matter the currency. let's say the euro is being weakened by central bank issues you will not do well even if the stock does well. all things being mutual and you don't have a country or continent trying to debase the country, i'm fine with it. if they are, stay in the good old usa i think is a real smart way to invest.

matthew in new york. matthew. >> caller: boo-yah, jim. >> boo-yah, back at you. >> caller: i'm 23 years old, recent college grad new to the work force and just started to max out my ira realizing my time i want to go for aggressive allocation and take on risk i'm unsure how to do that exactly. i want to get your suggestions for someone starting out with retirement investing >> i think you want to have the fastest young growth stocks. those are -- tend to be found in technology sector, but also, of course, in biotech don't go too crazy i'm willing to have one or two stocks of companies that aren't making money, no more than that. those are the most fertile areas, junior growth stocks, companies worth a billion dollars or less, a lot too small to talk about. these are all five you can do those because if you

lose money you have the rest of your life to make it back. sorry, not so much mutual love here stocks are the best way to manage your money. if you don't have time, go with the cheap s&p 500 over most actively managed funds much more ahead including the best path to find a healthy retirement depending on your income protecting children from student loan depth will help them plan for their tuition and i will help you plan for their tuition and the 140 characters that helps me in stick with cramer! when it comes to your portfolio, cramer will always go the extra mile, traveling the country and telling the most valuable stories start your investment journey with "mad money" and let cramer

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whether it makes sense for you to use a regular 401(k) or eyre or for you to go with a roth, which is a term i'm sure you've heard from me countless times and don't understand i'm sure you heard about the benefit of ira or 401(k) to invest for retirement. i won't beat a dead horse here this is a question i get a ton of questions about should i put my money in a roth account or regular one why don't we start with roth ira. aside from unearned tax credit, the roth may be the greatest thing the government did 4 families since the war on poverty. i told you how the requiira letu invest and withdraw year after year tax-free when you decide to retire a roth works differently with roth you make contributions

after tax income unlike the regular requiira wone you decrease your tax bill but you will never pay taxes again as long as it's in your account. you don't pay capital gains counts or dividends taxes without penalty after age 59 1/2, you don't pay income tax on your withdrawals, this is fabulous on a roth you pay taxes now so you don't have to pay income taxes 40 years from now, when you're retired one more positive point about a roth, withdraw the money you invested, not your gains, ne amount you contributed and you won't get hit with a 10% personality which is what happens if you withdraw from it before you hit the magic age of 59 1/2, very different from regular ira where you don't pay taxes on contributions now and your gains don't get taxed within the account once you start withdrawing the money every penny you take out

is taxed as ordinary income, which can be a very high rate, which means when you're trying to decide between a roth or 401(k) or regular one, you're deciding whether it makes sense to pay tax now with a roth or once you retired with a regular account. you have to figure out whether you're in a higher tax bracket when you retire or lower one this is a complicated question that has to do with specifics of your situation, your career and how old you are. a thumb note, for anyone whose marginal tax rate is 25% or less, most of america, i think you should go with a roth and let it compound tax-free the rest of your life. for those who don't have the time to pick your own diversified portfolios, say 5-10 stocks, the smartest thing to do is park your retirement money in a low cost index fund that mirrors the s&p 500. as you get older, you can add bonds. until you actually retire, stocks should make up the

majority of your retirement investments. i said this before and will keep repeating it until they take me off the air. it's so necessary. contrary to conventional wisdom. i want stocks now not later. how about a 401(k) works like a roth meaning you pay taxes and never pay taxes on it again except because it's a 401(k) plan it has a higher contribution limit than ira. the government says it is $18,000. whereas an ira annual contributions are capped at $5,500 one other big difference, unlike a roth ira, a 401(k) doesn't have an income cap no matter how much money you earn you can take advantage of one of those as long as your employer gives you the option. it depends what you think the future will look like. if you believe the taxes will head higher over the course of your lifetime, a roth where you pay taxes now instead of future that is the way to go even if you're making a lot of money in

the present. i think that can be mistaken for those young people who only became politically conscious under the obama administration, it may seem like there's no way to stop the tide of higher taxes but history says different and i believe we can stop the raising of higher taxes, that's as political as i will get on this show this is beyond our control and our ability to predict bottom line, lower your present income and taxes, roth 401(k) and roth ira let's you pay those rates now and never pay taxes again for your retirement money. the less you make the more likely the roth is for you saving for retirement, don't worry about what could go catastrophically wrong 30 or 40 years in the future, worry about making the boast choices now "mad money" back after the break. the best choices right now ♪

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ever read a lot of stories about the crushing burden of student loan debt, right now, tens of millions of americans own more than a trillion in student debt, an incredibly high figure not that it stinks to graduate from college or graduate school and know it might take decades to pay back the loans. in study after study kids that graduate with no debt end up being worth more money than classmates with outstanding student loans. i'm a big mover on social mobility which is why i'm out here trying to teach you how to use the stock market, the greatest engine of wealth ever created and i want to help you make serious money for any parents or thinking of becoming parents, let me tell you right now, there are very few things you can do for your

children better than paying for as much of their college education you can afford we know college graduates have a much easier time getting jobs especially in our current environment where unemployment is still way too high and we know they ultimately make more money. if i were to make an amaslo style of hi arerarchy, you can google that. for those parents, how can your own retirement be more important than making sure your kids have the best future possible simple, believe me if you reach retirement age and you don't have enough money to pay for your kids, who do you think will support you your kids. you don't want to be a burden on them take care of your kids first and then after you take care of your retirement, take care of their college even if they're just a gleam in your eye. the best way is to write this

down, 529 plan these plans do vary by state the general rules are true all across the country there are two kinds of 529 plans. some states let you use a 529 as a way to hedge against tuition inflation by buying tuition credits at today's prices that can be used. that's not what i'm talking about. i want you to use a 529 savings plan these are different state to state and a 529 doesn't let you manage your own portfolio. you have to pick between a different mix of funds like a 401(k) plan. i don't like this. i like you to have control of which stocks to buy and which actual instruments, okay but 529s have so much going for them, i will swallow this one. remember, when you can only choose between funds go for a low cost fund that mirrors the market, either the s&p 500 or the vanguard total market fund, which is, you'll see in many 529

plans, it literally owns all the stocks traded and the nasdaq and its performance will be similar to s&p, which contains the 500 largest companies. what are the rules for this 529 plan let's say you just had your first child, congratulations if you can afford it you should start a 529 with your kid as the beneficiary right then and right there. maybe wait a couple days, although you just had a baby and any that is a street addict knows i traded big cola stocks during the birthing, not one of my best moments. you're paying for this after tax income not so great once your money is in the 529 plan you don't pay taxes on your gains and let them compound tax-free year after year, like a roth ira except for college rather than retirement because of federal gift tax laws you can only contribute $14,000 a year if you're single and $28,000 if you're married and

file your taxes jointly. that's a heck of a lot of money when you think about it. your children's grandparents can contribute to the same 529 plan and if you don't have the money your grandparent can start it with your kid as beneficiary however for financial aid reasons better for your parent to do it lets say your parents are sitting on a huge load of money. one of the advantages you can front load five years of contributions as long as you don't write any checks to the beneficiary over the next five years. a potential grant grandparent can contribute $70,000 or if you're a parent, $140,000 and you won't get hit by the gift tax, something you don't want. honestly, once you drop that kind of money into a 529, you won't want to make more contributions.

the key is get that money in the plan as soon as possible because it is about the power of compounding. remember, you don't pay taxes on 529. if you con somehow contrive to contribute $70,000 right off the bat and invest that in an index fund that mirrors the market, you will make 8% per year. i know stocks are more volatile than that. if stocks perform like they have historically, you can double your investment in nine years. if you start saving right when your kid is born by the time they are 18, the value of your 529 plan will have doubled and doubled again. if you started, you could have as much as $280,000, barring a catastrophic, se catastrophe. i have seen it time and time again. i know a lot of people can't do this, but investing as much as possible is the best strategy. for grandparents it may sound

grim but your 529 contributions won't count towards your estate tax. last for college and grad school any money in a 529 you don't use can be transferred to relativitrelatives and siblings and if your ungrateful kid decides not to go to college you can withdraw it and you have to pay taxes on your gains as well as a 10 penalty. bottom line, no, paying for your kids's college education isn't as important as yourself in retirement after you have had children after you made contributions for the year, putting money in a 529 is the best way to protect your kids from the crushing burden of student loan debt. "mad money" is back after the break. making cars lighter, it's a good place to start, advanced oils for those hard-working parts. fuels that go further so drivers pump less.

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holy cow, we've got to get to some of your tweets you've been sending me @jimcramer #madtweets including ones very nice and smart. all right. at ken egan, i love you jim. how about that it's requited in my book i'm a sweet guy. wants to know the following. why care about short term hit if you have long term investment strategy amen how many times have i said i

like x, y, z stock and it goes down that day and people want to bern me in effigy or scaldy oil? it doesn't have to be that day think long term for a tax break. here we have at diago, who wants to know what other book should home investors have under their belts to help them trade and manage better. #get a better plan, one up on wall street, "beat the street. available on amazon. you may want to look at david varse. i used those a great deal and he taught me a lot and moved on from goldman sachs david's books are good and do you ever sleep or did one of your biotechs provide you with clones to assist? winkie face, presumes meaning and emoji thing? no, i don't sleep. okay, we answered that question. now, give me a heads-up,

bgw, i think stands for by the way, i am now following know what you own motto or kwyo, clean my portfolio this week yo low yolowo you only live once so i totally grow with you. >> he wants me to know i'm in the market because of you. sir, just give all the haters a big boo-yah, keep teaching them what we need to grow jim, let me give you a heads-up. i love the haters. i wouldn't be doing this if it weren't for them, i would have gotten out years ago i am a spiteful driven guy to the haters and everyone in my personal life knows that so haters, you're why i'm in this game! congratulations and stick with cramer why did i want a crest 3d white smile?

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>> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ peter ferreira, and dennis iannoti, who are seeking an investment for their pumped-up nut butters. hi, sharks. i'm neil cameron. i'm peter ferreira. i'm dennis iannoti. and we're... all: nuts 'n more. we are seeking $250,000 for a 20% equity stake in our company. good ol' p.b. just got a face-lift.