One individual that has help me to understand and make good choices in the stock market has been Jim Cramer. I’m sure you heard of him and most likely if you’re looking to invest in the stock market, you’ve watched his daily show on CNBC. There’s a lot more to the man and his philosophy than just his one hour show Monday through Friday.

The latest book that he’s written about the stock market is titled “Stay Mad For Life”. The title has is a play on words in regards to his show, Mad Money.

The book starts off with Jim explaining in detail how you need to start preparing for retirement without foregoing the needs of the present. A great message that many of us never received growing up, either by our parents or by school. How many of us were ever taught as teenagers to understand the concept of compounded interest or basic knowledge of personal finance?

He continues by showing us the importance of enrolling into a 401K plan has soon as possible and that the longer you wait, the more money you will miss out on in the long run when it’s time to retire. He writes about how to properly invest and to be actively involved with your retirement fund (he refers to it as retirement capital) and dispels some misconceptions about how certain employment funds can help you.

In the next section he talks about investing for a lifetime, not just investing for your later years. Investing for your retirement and not for the present is something that he goes into detail with and what you can do to make that happen. Explaining the difference between stocks and bonds and how a balance between them will help you.

He writes about the importance of family finances, especially for those with children. The need to teach your children while they are young about money and how it works. Going into specifics about home ownership and getting the right mortgage for your investment.

He also has released twenty new rules of investing. Along with his other rules and his ten commandments, they will give you a clearer picture of what you need to do when investing in the stock market.

Revealing the five bull markets along with twenty stocks for the long term is a section in the book that I found very interesting. I’ve looked back at these stocks and over the long term they’ve have done great and are well-run companies that should continue to do the same in the future.

In his last section he goes into detail about mutual funds. This section is great for those who don’t have large amounts of capital to get started growing their portfolio.

All in all, I found this book to be very informative and I recommend it to anyone wanting to invest in the stock market. I’ll be going into more details about each chapter in later posts but for now I wanted to tell you about a great deal that I took advantage of myself.

After I tried the free trial of Action Alerts Plus investment service, I got so much out of it that I joined for the whole year. Along with my paid subscription, I received Mad Money for free!

First, click the banner below, or the one in our sidebar, to sign up for his 14 day free trial of Jim Cramer’s Action Alert Plus.

After the two weeks are finished, if you sign up for a yearly membership you’ll continue with this great service and get Mad Money for free.

If for some reason, you’d rather just go ahead and buy the book right now, click the banner below. You can purchase it through amazon.com’s secured server. After you read it, tell me what you thought of it.

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