final trade, tim. >> best guy guy. >> karen. >> foot locker >> buy match. >> guy. >> at. yes speedy recovery. se see you back here friday, no monday at 5. >> happy thanksgiving. my mission is simple, to make you money i'm here to level the playing field for all investors. there's -- i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to mad money other people want to make friends, i'm trying to help you make money my job is to educate and teach you. call me at 1-800-743-cnbc or tweet me at jim cramer we too often invest for the day. i hear people talk about what is wo

working. in the old days when the late great mark haines ruled the mornings around here, each time i co-hosted he would introduce me as reverend jim bob cramer from the church of what's happening now. oh, it was fun back then seems like everyone was running their own personal hedge fund. there was an understanding a stock could be here today and gone tomorrow and everyone was fine with it those days are long over if you recommend a stock for a trade, even if you say buy it today for the analyst meeting and sell it tomorrow, sell sell sell sell, there will always be a youtube video kicking around that shows you liked the stock but never gave it the sale call. we've gone way beyond that we are taking it to the next level. i'm introducing you to the concept of suit ability. what stocks fit you, what investments are right for you, not nor week, not for this month but your age and your temperament. i heard of the concept of

suitability when i was training for goldman sachs. i had been buying individual socks for myself and for others for a half decade before i got to goldman in '83 as a summer intern at the time i was watching financial news network between classes at harvard law school. that was the predecessor to cnbc item run to the library where they had old research reports from long gone firms about stocks totally on a catch basis. it's so nostalgic to look back to what i would do next after i found a stock i liked. i would ask the kind librarian for a micro feesh of the firm's s.e.c. filings these were little pieces of plastic you stuck into a machine and you read the file, if you were lucky enough would only be six months old everything i did is online and instant and updated. the imperfections in the market back then, now everyone can know everything more on that later in the show i would spend all week trying to

find one stock that i thought would work, one stock that would be good for one week where anyone who wanted to invest could take the idea and run with it, and then i would take my answering machine and give you a 20-second rap on that stock. answering machines, can you imagine? some companies used to make them with all those jobs wiped out by your cell phone, answering machines same with answering services for that matter. talk about jobs that aren't coming back no matter who's the president. anyway, i would say hi, this is jim, i'm not here right now, but like both the chart and the recent numbers from people express. a long since bankrupt airline that i used to jet down to new york for job interviews. my best one a recommendation for monolithic memories, a smoke shell of a company with a red hot stock. two decades later helped save tesla when that carmaker was struggling in 2007, 2008. he was the last ceo before elon musk monolithic shot up like a rocket

that weekend and ended up with a big bid by advanced micro devices. that was far down the road it was the best cramer's not at home machine call i ever had jim is not home became a rallying cry for lots of people who were calling me back then hoping i wasn't home so they could get the tip without having to deal with me. not long after i got a job at goldman sachs, one of the officers at the firm called me and got the machine with its recommendation, told me to call him as soon as possible. i did and he asked me if i knew what suitability was how's my suit fit? i didn't even have a suit. he introduced me to the concept. he asked me did i ever consider that many people who called it seems to me and got my answering machine might not be ready for the stock of the hottest semiconductor company in the land and that i was recommending it to them one on one without any sense of whether it was right for them i said i always thought stocks were pretty much a caveat situation, we all know like

vacuum cleaners you can't take stocks back. they come with no guarantees what's the deal. before you recommend a stock on a one to one level you had to know what that person wanted out of a stock you wanted to know if the stock was right for them and for their tolerance in risk. monolithic memories, yeah, monolithic memories wasn't exactly right for anyone other than bungee jumpers or k 2 climbers something like that. it was a long time ago tonight i want you to ask you f yourself what is your risk tolerance. stocks are pretty pe tuculiar pe of merchandise there are all sorts of warranties you buy a house and know it could burn down the next day however, before you buy it you get a binder with insurance so if it does burn down you get your money back. clothes can be returned, devices can be returned, phones, but stocks stocks, you buy a share of nike

and the next day goldman sachs downgrades it, and the day after foot locker says there's been a slowdown in jordans. you can't go back to your broker and say hey, chief, you never told me this could happen. i'm down 3 bucks and 2,000 shares, i'm out 6 grand. i want that 6 grand back caveat emptor. it would have been incumbent upon the broker to recognize that the buyers would know these things could happen. maybe the broker should never be recommending stocks to begin with you get thepoint, you can't take stocks back and get the stock price, the same price that you paid because there is no real insurance, although you could buy an expensive put underneath with a cost that lowers the return dramatically and has to be renewed constantly suitability, the concept of suitability is incredibly important. that's why for the next hour you're going to learn about a way to measure your own tolerance versus a variety of factors because these days with electronic brokers there's no real protection, just a signed

form that says you get it. you know what you're getting into, and you accept it. tonight the bottom line that stops here by the end of this show, you will know what suits you and what doesn't no matter what your age or your style. or to put it this way, caveat empt emptor no just buyer be a little more aware of what you might be committing your hard earned dollars to when you pull the trigger on a buy >> buy buy buy. >> ann marie in new york. >> caller: hey, jim, thanks for taking my call. >> of course. >> caller: can you talk a little bit about trimming our profits i get eager and i start trimming when i'm up 10 or 20%. can you talk a little bit more about the trimming. >> it is a high quality problem. you would miss out on some of the greatest stocks in the history of man that you may own. what i suggest you do is move that up a little i don't think you should start selling until you're up around

25, 30% and only sell about a quarter position when you're up about 60%, 70%, this is a change from the old days, i think you should sell a little more, but then you've got to let it run. if it comes back you can buy some i just don't want you to lose the -- a great opportunity, unless the story changes, and then it's sell sell sell sell sell immediately leno in texas. >> >> caller: hey, jim, how are you doing? >> i'm good. how are you? >> caller: my question is as a recent early retiree, and one who is anticipating a possible market correction in the near future, should i allocate the stock index front now from a stable income fund, or should i wait until after the market has corrected? >> no, i mean if you're in retirement stage, i still want you to own equities, but i don't want you to have as much equity exposure you really should no more than 50%. that's a lot if you're retired people who retire tend to live

20, 30, 40 years longer than they thought taking the cash out, don't necessarily put them in bonds or interest rates are higher. but you know what, you'll put money back if the market really craters. otherwise i think you'd be fine and you've got to let it ride. marlow in illinois >> caller: you talk about index funds, can you please tell us the difference between index funds and etfs and maybe give us a couple of examples >> there's not much there. it's different, what i want you to do -- i always default to what warren buffett says he says you should buy the vanguard index fund. it's the lowest cost fund. vanguard's very easy to get to i want to go with warren buffett, greatest investor why? warren buffett, what am i going to do? argue with him no more excuses. i'm helping you form the necessaries investing strategies you need at all stages of your life tonight from young to old i'm going to meet you where you are and take you where you need

to be. on "mad money" tonts we're kicking things off by beginning in the crib. here are the two stocks you should be buying to give a newborn a much needed head start. and teenagers typically have a lot to learn there's an important investing lesson everyone can get from them as well i'll fill you in. my definitive guide to where your money should be sitting at any age. stay with cramer >> don't miss a second of "mad money" follow@jim cramer on twitter. #madtweets send jim an e-mail or give us a call at 1-800-743-cnbc miss something mpeople tell me all the time i madmoney.cnbc.com.t job,

the riskiest job. the consequences underwater can escalate quickly. the next thing i know, she swam off with the camera. it's lats mine! i want to keep doing what i love. that's the retirement plan. with my annuity i know there's a guarantee. annuities can provide protected income for life. learn more at retireyourrisk.org

annuities can provide protected income for life. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. welcome to a special show about you, about knowing what you can and can't do welcome to a special show about suitability. the first kind of suitability we

will discuss is age suitability. i want to start with this. infants, "mad money" been on so long there are kids who were born who were in their teens if their parents listened to this show they would already be on their way to great wealth parents, grandparents listen up. you can give all sorts of things to families who just had babies. open up accounts for them or give them some shares of stocks so from the earliest moment you can start the process of saving. here's my commercial chrks is the notion of index funds. we have come through a period where almost all stocks pretty much traded together, and we have seen so many managers been let go or fired that can't beat the market you can take a couple hundred dollars and buy some shares of an index fund. those 500 stocks represent the country's publicly traded companies. as a companion i like any sort

of total return fund that is an even broader array of stocks a mix of both is a very good start. total return and s&p 500 your broker or the brokerage site you use might have some fund that is a higher growth, a junior growth fund that can be a nice augmentation because you are buying for an infant who has his or her whole life ahead of them these kinds of funds can compound over time being if you let it run, the money can build upon itself. now, you might be saying, why am i watching a show about stocks if all this guy is talking about index funds. it wouldn't make for a very interesting show more important is the kind of investing i am talking about the comparison we hear about index funds is to actively manage funds this show is geared to people who are interested in their money and want to be more involved to make it grow or are curious and want to learn about stocks i believe that you can build a portfolio yourself that can do better than most managers and funds, but i am perfectly sanguine about the notion that

they can coexist i just wish the -- of index funds weren't such fundamentalists about how bad everything else is their lack of flexibility is so stunning, yet i've had a career of picking stocks better than the market, and i saw so many investors when i worked at goldman sachs who would never settle for average and didn't. i say let's give both a try. what's a good stock for a kid just born? i think you should pick two. one with a dividend where you can reinvest the dividend and get the power of compounding going for you, dividend might be increased and you might be able to buy some more stock with that dividend we often hear the term dividend aristocrats, companies that have long histories specifically more than 25 years of increasing dividends. i like that. which ones come to mind that we have liked historically in the show let's start with 3 m and procter & gamble pepsi co., any one would be a great stock to buy shares in i think of faang, facebook,

amazon, netflix, and alphabet, formerly known as google, hence the g, why these i think facebook is a rapidly growing site where you provide the content, and they provide the ads. it's a brilliant company, deep bench. amazon, there's a $4 trillion market for retail goods in the world, and amazon only has a small fraction of it netflix thrks this is a company that wants so much to dominate entertainment, it intuitively recognizes what you want when you want it. game changer why do i still like this alphabet isn't that played out? oh, no, no it dominates search, which happens to be the moment you want to buy something so the advertisers love it. there's a balance sheet of beauty and people working to supplant or complement search, and waymo may be the ultimate in autonomous driving vehicles. these are just examples. they're about growth i know that it seems rather commercial to do what i want done here, but i also think that given how poor income growth has been for so many people in this country, it is important to try

to augment the other side of the ledger the savings side there's no time like the present. you know i believe that gold and silver are terrific insurance components to any portfolio. we'll discussthis concept more later in this show, but a highly unusual, yet totally blessed by me idea is to buy gold or silver coins for people or pieces of gold or silver, the actual i got silver for my kids from dealers and pretty much forgot about them they may or may not increase they don't throw off money they don't do anything, but in crazy times where inflation could come roaring back, there's nothing that holds up in value under that scenario better than mansions, masterpiece art and precious metals. if you do this, remember to put the gold or silver in a sauf place, and that does not mean putting it in the mattress or a hole in the ground plenty more ahead including wup

of t one of the most valuable assets in the stock market, time. >> then they've been the source of some of my greatest investing ideas of all time. you probably got the same resource, but are you paying attention? and unfortunately i don't look anything like howdy in my 20s today, your money should change with age, too i'll explain how stay with cramer i'm opening up the lines to hear from you it's an uncertain time i want to talk to you. >> caller: mr. cramer, i just want to tell you, you are absolutely positively fantastic. >> thanks for helping us not panic in times like this the average investor, which we all know and love, you cater to us, and we appreciate that for all you teach us. >> i am not going anywhere you shouldn't either we will get through this together >> cramer has your back, call 1-800-743-cnbc, let's take on the market together. >> we've got to figure this out.

>> we've got to figure this out. we'll puzzle it over ♪ >> we've got to figure this out. we'll puzzle it over ♪ ♪ ♪ ♪ comfort. what we deliver by delivering.

we're going over knowing y thyself. we discussed the important of suitability and the essence of what's suitable for the newborns what about suitable for the kids this is when you make your move. this is when you decide you're going to get them involved in what stocks are, pieces of companies they might like. let's be honest, you couldn't explain to a kid what a stock is to save his or her life. as much as i loved sports and we had world series tickets for the '64 world series given they were six and a half games up with 12 to play, of course we blew them all and didn't make it, in my house stocks were supreme. my father got a tip from his

brother who knew a stockbroker to go buy the shares of a company called national video, whichpolaroid, xerox, national video. i had ltv, a rockwell, a host of other companies that have disappeared. i've since, well, let's just say still hanging out in trade i also owned a lot of airline

stocks eastern, national, they were household names because of advertising. i liked the stock picking process so much i got the whole 5th grade class involved we would all pick stocks and keep track of the closing prices to see who could make the most money. the problem is of course i was working the exact opposite of what i should have been doing, although metaphorically what i was doing is being done now, just picking stocks by how fast they were climbing and backing away if their climb seemed suspended. that's called momentum investing. what i should have been doing is picking the stocks of companies i knew and asked to be able to buy the shares in them let's go over what would have been right and what was wrong in the picture i just presented, which would have been prepared to goofus and gallon from the highlights magazine. he would never take a tip from his brother who had taken a tip from his tennis brother.

pop i would later learn had no idea what national video was or did. you can find out more in google now than you could find from jack the broker. national video made picture tubes. in the old days when you had a problem with your television, the technology left national video behind and it went bankrupt and closed its doors. it had been going straight down since about five days after pop purchased the stock. he averaged down too many times to tell. i know there was many a silent meal because of that day's decline in national video's stock. there were a host of stocks to have chosen from back then most weren't that good, but there were dividends to be had, is and in retrospect what we needed more than anything else was income maybe the idea of picking stocks simply because they were going up was antithetical and more suited to dart throwing. at least i bought the hot ones in retrospect. they made defense becausense bey

were defense contractors it was a lot of fun, but in retrospect, you know what? i learned the most about stocks from two 3m board games. acquirer and a fabulous game called stocks and bonds. my father sold games through 3m back then, and acquire was all about mergers and acquisitions and stocks and bonds was a fantastic game about accumulating wealth through risky or conservative stocks these days we have whole fantasy leagues of stocks but little taught you more than the board game and it could hold up until this day let's go back in time, and think about what i could have done first, when you were a boy or a girl, you play with toys it would have been such a natural to have bought shares of mattel and hasbro if you looked at the financials. i'm not asking the kids to know what it means to own shares in a company in terms of price per earnings or earnings, but it is a way to teach kids that a company can be owned by the public and you can own a share in a company

they know toys i bet you they'd pick hasbro over mattel. the irony should not be lost on my family. can you imagine if my father had bought shares in 3m for me instead of national video. a company that's increased its dividends more than 25 years that's quite a statement if we had just looked at the spine. speaking of dividend aristocrats we had a box of cheerios, we could have brought general mills. and then there's the easy ones whoch who didn't want to go to disney world. the intellectual property, the library alone should make you want to own shares in the company. the theme park, come on, let's not outthink this game i don't know about you, but johnson & johnson band-aids, baby powder and shampoo were staples in our house i knew to wipe my nose with kleenex. these are things that aren't even taught. they are embossed. they are imprinted

i know that mcdonald's may not seem like something you may want to invest in because of the quality of the food, but the co is committed to making the company more natural authentic over time. a burger would cost a fortune and mcdonald's would have to cater attorneys for years. buy a name brand, something they can see and touch and like put it away, stock won't always work out, but think about what you liked when you were little or what your parents liked when they were little look, if it trades, you more than likely have a winner. so the bottom line, if you want to get your kids to investing, buy a brand name, not this year's version of national video. something they can see and hear and touch and even like. just own it. the stock won't always work, but think of what you liked when you were little and remember that you may have a long-term winner on your hands. let's go to judy in texas. judy. >> caller: hi jim, how are you

>> i'm good, how about you >> caller: i am great, thank you. my son william has been very interested in buying stock, and he's calling with me now, and my dad gave him some money to purchase some stocks so we're looking at his very first stock purchase, and we're wondering how we look at what stocks to buy, like where should he start? >> okay, he should look at things, common household things that he sees and you see, and then what you want to do is you want to figure out how much money you want to put in it, and you put a quarter of it in a quarter of it because if the market goes down immediately he'll say this is a sucker's game i don't want to be in it. put a quarter in and wait for another three months and another quarter and hopefully you'll get a selloff and you'll be ready to buy. if not put the rest of the money to work by the end of the year but make it in household name brands that everybody knows and can sink their teeth in. let's go to carol in florida, carol. >> caller: hi jim, how are you

>> i'm good, how are you carol. >> caller: i read and enjoyed "confessions of a street addict" and i want to give kudos to your hero, mrs. cramer. >> she knew how to trade better than anybody else in the world >> caller: good for her, and good for you i'd like to know your opinion on buying gold ask silver as a hedge against the market >> look, i think cash is the best hedge against the market. against the monetary system you're absolutely right with gold i happen to like actual physical gold i like buying gold coins if you can't afford those, the gold will do if you do buy gold bouillon do not keep it in your house, put it in a safety deposit box stocks don't need to be abstract certificates or numbers or letters. they're real, you can touch, taste and play with them with kids that's often the best place to start still more "mad money" ahead

including investing advice from one of the wisest groups around, teenagers. >> asknd i'm taking your questi tweet by tweet she send them my way with mad tweets and stay with cramer

we all know that teenagers are incorrigible the last things they want to hear about is stocks they have bigger fish to fry, to which i say so what. i'm not going to tell them what

to buy i'm going to let them tell me. people who watch this show have been huge beneficiaries of the innate consumer wisdom of my two daughters. why do you think you might have heard me say that i like domino's sure i met with patrick doyle the day he became ceo. i did like that whole line of advertising and told you i thought it was a good spec, but my kids they liked joe's they were local. i swount picwasn't to picky. i tried it and i liked it. that's not what made this stock a mad money crown jewel. it was the technology behind dpz, my kids most likely like your kids hate talking on the phone. they think it is for losers, but apps, they love them, and when my kids discovered the domino's app they were sold no talking to people who might get their order wrong, no worries about where their pizza was in the process that's two things the local

joints couldn't do and a no cheese option for the vegetar n vegetaria vegetarians, the one that asked twice about the cheese finally there was the joy of being able to pay online before the delivery person got there. kids doents want to fuss with money either all this technology was lost on me never cared about the interchange with the delivery person, kind of liked it that's why i always called domino's a tech company that sells pizza. many of you know the story of how i found the stock of apple, when my younger daughter asked for a second ipod as i immediately accused her of but because she wanted another color. they were fashion accessorieacc. personal computers my various employers have never embraced apple, but my kids are kids and they would rather be caught dead than have a non-apple brand. when the new computer comes out they check the resolution, if it improves the performance of netflix they want them they want them as presents

despite the cost, which as they get older they start knowing about. the iphone is more controversial. they don't like change they didn't like the plug change they don't want to hear about the ear buds what they really don't want are the samsung, they are part of the apple ecosystem proudly. with its service charges that make it so they have to pay to have all of their millions of pictures stored. when my kids come to me and beg me for a snuamsung, you might hr me say different things about apple than i currently do. your kids won't know much about income or the power of compounding, but what they will now is how they'll feel guilty about the amount of phone charges they rack up, right? do you think i have been recommending verizon since the beginning of this show for nothing? it's the cash cow your kids turn you on to that is continued and will continue to work even as there's very little growth how about this google it dad, that's how i found out about google now

alphabet when i got the word from kids who weren't allowed to google something because it was cheating, that was enough for me when i was doing my senior thesis at harvard, we had access to the fabulous librarians at the hoten library. their job, to look up anything that you wanted looked up. they had to go to the stacks for you as they were called, and find out things that you wouldn't know where to begin with i wonder what happened to those jobs my kids aren't into sports they get the news from their iphones and their entertainment from netflix is it the homemade content like house of cards, is it the simple interface, the desire for them to watch what they want to watch? all of them. i reluctantly signed up so we could watch things together. no, faang isn't all their creation i figured out amazon, but facebook, like i said went to harvard. when you were a freshman, you gt a book, it was called the facebook and it had everyone's picture in it. facebook is a derivation of facebook my youngest got sick of facebook

early on probably because i got on it. then she went to instagram, which facebook cleverly made it so you didn't know it was part of something that older people had discovered i didn't think the ads worked until we were inundated with red hot chil lee peppers does everyone else dream that their ad is just a link? it seems that only mark zuckerberg has the forethought to care about the user experience how about chipotle the kids love the fresh and organic chipotle salads, still do they're vegetarians. my youngest returned early on after that food sickening incident, the only difference is she did takeout because she didn't want to be seen inside because she thought people would say wow, what is she doing inside, it's chipotle. nothing's perfect. their picks, they will do. what if the picks themselves aren't any good? what if they aren't? your kid likes a device that fits if your head or takes pictures or fits on a wrist and measures steps

that's the cost of learning. it happens go pro, it happens fit bit. remember, they have their whole lives ahead of them to make that money back if it is a screw up that's the beautiful thing about teen investing you can lose it and no one may end up noticing in the end you pull the same kind of thing later in real life like me, it's got consequences the bottom line is for now you can learn from your teenage children, trust me invest with them, and you won't regret it. "mad money" is back after the break.

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how about the rest of our lives? what are we thinking about suitability then sadly from here on in things get less and less suitable not initially. when you're in college, i don't expect you to put any money away at all college costs too much when i used to do my college tours i'd try to get people to buy a share or two of a stock. college taps the living daylights out of you in so many ways once you are out in the real world, it's imperative that you save, preferably through a 401(k) plan through work or self-directed ira. i prefer the latter because you can pick from stocks that your forces down your threat, i'm sorry that your company gives you and you have to pay a fee. that's for another show. this is where you begin the mix

of index funds and vinindividual stocks at a minimum demand that you put your first $10,000 beyond what you have from your first 20 years into an index fund, the s&p 500 being my favorite as i mentioned before i know some will argue with that i see them arguing on twitter, i don't care i know the truth the possibility of one really bad stock hurting your nest egg even as early as in your 20s is too risky for this guy with the rest of your money, i do like stocks, and i want you to be diversified. it's why we play am i diversified when we can or i try to explain what diversification is in a breezy way that's why we created a club at the street to show you how to invest, the ones that involve my trust. i say involve because the trust is only allowed to invest alongside club members when i haven't mentioned the stock. in depth work on the stocks we talk about on this show and

daily updates about a lot of them with a once a week update of all of them, well then actionworksplus dom is the w actionworksplus.com is the way to go. i tell you you need to buy a stock, but then you have to keep up with it remember back to earlier in the show when i discussed how hard it was to do the homework, those trips to the harvard business school library to study month old research, now it's so easy that i have had to scrap one of my earliest tenets you no longer need to spend a couple of hours a week studying your stocks. you can google articles galore, so many you'll get cig of the process quickly. charts that i would have only dreamt of at one point in my career, or you can read what we write if you own one of those stocks, whatever makes you most comfortable to be able to take charge of your money that's what i want, confident, not overconfident. remember, i want you to be good

managers of your money or a good client i don't have even have a preference it's at this stage it's important to know thyself in terms of risk. until you get to this age, i want you to take all the risks you can whether you like it or not. in other words, i would like to think i have more knowledge of what you can tolerate than you do when you get to your 20s, all i can do is ask you to think about what you will do in a selloff. will you buy more or will you cut and run? do you have the wherewithal to buy more does it sicken you and wish you had no exposure. can you accept that stocks go down, not a silly question given that they've gone up over time these are crucial questions only you can answer i would like you to take more risk and more individual stocks that have growth characteristics once you have put away that $10,000. i would hate to see you commit more than 20% of your mad money to individual stocks that would not be my preference. as you get older, i want you to capture more income by oeng mwn more stocks that pay dividends

don't be too quick to do so. in fact, i would not advise you to do that until your 30s, only in your 40s do i want to introduce bonds to your portfolio. by this time you should have been able to put enough away that bonds, even lower earning bonds will protect some of your invested capital in the old days it would have been heresy to suggest you don't invest in fixed income in your 30s. the problem is twofold life expectancy. many people are outrunning their fortunes that's why i favor higher yielding stocks to most bonds. i recognize as you age most bonds do have that provision skpuk do get your money back as you enter your 60s it's easy to see how you could put 50% of your money into bonds and take bonds up 10% more each decades as i mentioned earlier to a caller that brings us back to the notion of suitability. if you can't handle the risk, if you think the stock market is

not as legitimate an asset class as it once was because it's prone to such deep valleys or what this retrospect looked like overblown threats, then i think you have to decide yourself if cashing out or taking stocks to minimal levels is right for you. the bottom line, it's your life, not mine get comfortable with what you can live with, but risk at least until your middle years should remain a friend. remain a friend. stay with cramer i don't know what's going on. remain a friend. stay with cramer i've done all sorts of research, read earnings reports,

looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪

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here at "mad money" we above to see families investing together your wealth can grow with your age, so we're kicking off this edition of mad tweets with some families let's get started. first we hear from rico z who

says @jim cramer get them started young. that kid obviously has sense, here you go. i don't know whether there's some charts in there the kid like i sas some charts . next we have tweet from david who said @jim cramer, awesome time at a phillys game this day years ago, sat next to you and your dad that is terrific we had a great time. papaused to love to go to game all the time and of course i was a vendor with the phillys >> now sometimes we come across some families that are truly cadre to the show and kids that have real horse sense. you think you know your ceos nobody is going to stump @pounce the poodle's kid. >> aeroelectronics, facebook mark zuckerberg.

>> twitter and your favorite for the opening bell >> jim cramer and david freeland, carl quintanilla. >> that should be a show next up, patrick tucker asks serious question, are accounting issues pretty much always because of some level of shadiness or can honest mistakes be made? this is -- i could spend a whole -- i may have to do a whole segment on this someday. the answer is honest mistakes can be made, and a lot of times my rule will keep you out of a situation where there's an honest mistake and then the stock takes off. there are other cases where it's not honest, and you lose everything, so i am going for the maximum risk situation as opposed to the minimum one, and i can't really tell from the outside which is which, which is why i'm so cautious. now a tweet from adio samuels who wrote, my brother is 26 with

no 401 k offered at his job. should he open a roth or traditional ira to get his retirement savings going >> you have repeatedly said you prefer individual stocks over index etfs, do you have a writeup explaining why >> i do want an index. i want an s&p 500 fund and i want you to put your first 10,000 there and continue to use that as your retirement vehicle, but i also think you should be able to try to pick some of the best stocks that would normally be in an eetf. i trust you, you watch the show, you're doing work. let's make money in individual stocks, too. not denigrating mutual funds, saying let's own some stocks as a mad money situation. up medical expennext, from cs bk bard to a fun read

the reason i like -- frankly is because it is an in-depth look and the mistakes that i have made, so many at times, and i detail them all embarrassingly so you can learn from them and now here's a treat from eric wolf who wrote you talk about heavy short selling interests. what percent would you call heavy? if i see 10% shorted i sense that something could be wrong. got to do your work. got to figure out if the shorts are wrong, they often are, but that's the percentage that i look for what do you recommend to keep squirrels out of the garden? okay, we do not -- i got triple fence. i have boxes underneath identi underneath i've got more fence and i've got chicken wire. we've got the whole shooting match skprgs th match, and they don't get in but my other bogx they get in. i spend way too much time thinking about fencing it is a preoccupation of mine.

it would be great if you could shed some light on the age targeted 401(k) portfolios are they well thought? i think the index funds are better, and then you can lower at times you can lower how much index fund exposure and raise cash i just think that's a much smarter way than trying to assess what may be in an age-related fund stick with cramer.

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time [ whispers ] this is the loudest snow ever. >> 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." ♪ whee! whee! my name is david mealy, and this is my wife dominique. "nique" for short. look at me! we live in tampa, florida, with our son austin, and we are expecting our little girl caroline in about two weeks. nique and i have been married for five years. i met her my very first weekend here in florida. i landed a job with actually two of the largest golf companies