Moments of panic are when you need to just be patient and opportunistic, says Jim Cramer

'Mad Money' host Jim Cramer talks how to navigate a downturn in the market. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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[@BrewerVera]

Becoming a good trader takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.

[@FaithAndrada-xo9ou]

My portfolio has good companies, however it has been stalling since last year. I have approximately $200k stagnant in my reserve that needs growth.

[@AndersonFair-cy2bb]

The best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.

[@Raymondcraw1967RaymondCrawley]

Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

[@AndersonFair-cy2bb]

Her name is. 'RACHEL SARAH PARRISH’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Raymondcraw1967RaymondCrawley]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@rachelonigirl]

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio...

[@AmithKaury]

consider growth stocks! in the world of investing, they are the ferraris.. however you may need expert guidance to avoid any fiasco

[@Monicamonasky-]

The issue is most people have the “I want to do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 330% since covid-outbreak to date, summing up nearly $1m.

[@Kaustavpatell]

@@Monicamonasky- very encouraging for folks starting out like myself, who is the advisor guiding you please, if you dont mind me asking?

[@Monicamonasky-]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’GRISELDA ELENA JEMMOTT’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up. ..

[@Kaustavpatell]

Interesting. I am on her site doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call. ...,.,.

[@Ilorismendy]

Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

[@BrainHarrow]

Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.

[@CatherineAlas-ys8rn]

Yes its important. I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k

[@CatherineAlas-ys8rn]

@AllenBrunghm Well,I dont know if you are confortable trying finacial advisors recommended on comment sections but anyway, Svetlana Sarkisian Chowdhury is the licensed advisor I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@Ilorismendy]

I curiously copied and pasted her name on the web, her consulting page came up at once, she seems highly professional and well matched for the job.. thanks for putting this out !

[@fawnriverpuppyservices76]

I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

[@EdwardsLluka]

You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.

[@JamesPieters]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@WilliamsScott-h5h]

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@JamesPieters]

“Melissa Jean Taligdan’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@EdwardsLluka]

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

[@jackwebster9381]

Cramer has been on better form recently. This analysis was spot on

[@kx776]

Love the show! Keep up the good work :)

[@Meowmeow.age.6]

What panic? The market is down like 2% from the highs. We call 2% declines a panic? Oh man. NVDA is down like 20% from the peak, which is nothing when you consider where it came from in the past 2 years. What are we talking about here?

[@GreatSharkHunt1997-nt9pw]

Cramer got his heart broken by his precious Eli Lilly today. Hard to imagine an overbought stock w/ a triple-digit P/E selling off like that.😉

[@fred-ts9pb]

and amd is still garbage.

[@Maikigai]

NVDA is still closing down. I’m still trying to figure out if I should finally sell, I’m losing money right now..

[@johnclark8637]

I bought the dip

[@himynameis294]

😂😂😂😂 Google Inverse Kramer.

[@Meowmeow.age.6]

What dip?

[@Meowmeow.age.6]

There is no dip in the market. Barely a discount. Maybe for a trader. I can see a bounce.

[@ForwardThinkingIncome]

Human emotions are crazy, lol. So a couple weeks ago we are happy with returns now a couple days down people freak out. LMBO

[@GrayAreainvest]

Panic? Me ? Never 😊

[@GordonRussellsullivan-h2j]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Victoria Wiezorek.

[@CharlotteDubois-o8g]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@DonaldSternoffbeyer]

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@FrederickCarlton]

You trade with Victoria Wiezorek too? Wow that woman has been a blessing to me and my family.

[@MorganGriffith1]

I'm new at this, please how can I reach her?

[@KatherinePorter-g2z]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@bourbontraveler]

Don’t markets go up and down They have for the 50 years I’ve been investing

[@thegodhead]

Cramer: “Just be patient and opportunistic.” Uh oh! Looks like the only way to make $ on stock market for the rest of year is to short (the opposite of investing).

[@VentNation]

🎯

[@freedomlife3623]

If you don’t care to lose money if your prediction is wrong.

[@TB7-X]

You’re reading into his statement too much. That’s not what’s he’s saying.

[@danielvermeersch2587]

So well said. Thanks Jim!

[@Masonharrigton]

Hi everyone! I'm new to the world of cryptocurrency and would love to learn more about how to get started with crypto trading. Could anyone please share some tips on which cryptocurrencies to consider investing in and when might be a good time to make an investment? Any advice or insights would be greatly appreciated. Thank you all so much for your time and help.... ❤

[@Anardreams-c4b]

Congratulations on starting your crypto trading journey! I understand that you want to make a profitable investment, and that's a verv understandable goal. Get yourself someone who understands the market very well and is also professional in placing trades. Thats the key...

[@RobertHooke-s8m]

Trading with a professional crypto broker helps a lot when you're into crypto investments..

[@Paul-v7j]

Well for me, I recently got into crypto trading and l'im already marveling over the profits I am making. I'm like, "how the hell have I been sleeping on this?..

[@Paul-t6u]

It's great that you're interested in making profitable investments in crypto trading. There are many factors to consider when making a successful investment, and l'd be happy to offer some guidance. Can you tell me a bit more about your current experience and knowledge level in crypto trading? That way, I can provide more specific advice..

[@SarahMaddisson]

I have had a bad experience of losing a lot of money because I had no idea how the market works. That's why I am looking for a crypto broker to help me out with a good strategy..

[@JinNani224]

Buddy had a 10 page script and couldn’t even pronounce the stock correctly

[@nensondubois]

I do however, enjoy your show.

[@drewyoung2102]

If you are in AI EFTS you simply lost 1-2 months of gains. If you sat in value you have 5 months of patience and still behind AI. Seems like rotation is just a rally chase. Value is still mopre sane to me. as you age. Simply wait 6 weeks. 80% patience 10% brains 10% luck.

[@ThatOldBlackMagic_YouAppear]

hey Jim how your ARC

[@jeremiahescobedo]

Why talk about when it’s red

[@sohailhines]

It's entirely common for stocks like AMZN to be up or down 2%. It doesn't mean people are selling out of the stock. *Man* , way to be dramatic with the conclusions!

[@harveypost7799]

Speaking about rear ends

[@therusseljournal]

They bottomed, today was the day. You didn't see it?

[@michaelanthony6035]

(Robinhood Markets, Inc. (HOOD) Sees a More Significant Dip Than Broader Market by my understanding on July, 17, 2024)>>>Cramer always trying to pump NVDA , but Before the split was up 21 days in a row and could fall to $90.00 to $70.00, which at $90.00 is still paying $900.00 a share which to rich of a price to pay and still P/E still to high until a bigger dip. Cramer always pumping companies he owns wanting to sell and help his members sell shares to you at your loss. 98 percent of companies reporting earnings are lower the outlook saying the consumers are cutting back which is something to worry about .

[@CorporateShill66]

Jim Cramer always buys the top and sells the bottom

[@fred-ts9pb]

Everyone seems to need someone to tell them what to do even if they are wrong a good part of the time. Human nature I guess. Bunch of sheep. That is the reason the folks in washington are still there. No one want's change and want to believe someone is smarter than them.. I learned a long time ago that I didn't have to pay someone to lose money for me and don't pay any attention to cramer and the bunch of other false prophets that spew on youtube everyday.

[@user-cf9qh6jx7z]

Hi , I think we have a lot of bad advice out in the public domain , Jim you seem to at least have a pulse on the market , also I agree Never be too greedy .

[@santifoster1741]

Great companies, but be honest, the PE ratio of them All sucks ... Look at history

[@stevenle3725]

just do it what you are feeling. don't hear this guy.

[@midfield214]

Poor Robert was worried about his steak. Boo Hooo 😢

[@sparkybuchta8717]

Cramer knows all about moments of panic 😂😂😂. They know nothing Everybody is going outta business… master of revisionist history

[@JonHassellProphecy]

he's trying to get you to buy when these stocks haven't even started a pull back, some with crash

[@darrendent8288]

Nah Cramer, its more of a combination of opex, and sector rotation underlying.

[@cessarnieto1361]

Iron stomach !! The market comes down and up but historically is up more often. Hold your money in the market while it recovers. If you have steady income then growth mutual funds and S&P 500 index funds for long term investment. Diversify 3 to 5 funds or stocks.

[@gasohwjchen]

More lose den win

[@ThatOldBlackMagic_YouAppear]

wha Achieves 501c ARC got in common? THEY fell TOME

[@XXJRAXX]

But you have not made any money for anyone or let alone me! only lost us money! waste man!

[@auboisdaline]

AI stocks are set to dominate 2024. I prefer NVIDIA because they're well-positioned for long-term growth and support other AI companies. I know someone who made over 200% with NVIDIA. I'll also consider the other recommendations you made.

[@OliviaWright-q7q]

I agree. Just because there are opportunities doesn't mean we should dive in without caution. We should look for market analysis or guidance, or seek advice from certified market strategists.

[@BitcoinFx-o6e]

Absolutely, having a solid plan is crucial. My portfolio has been well-balanced and recently doubled since early last year. My financial advisor and I are working towards a seven-figure goal, although this might take until Q3 2024.

[@MyCatAnd]

Can you share details of your advisor?

[@BitcoinFx-o6e]

I work with BONITA JEANETTE RODRIGUEZ. Just look her up online.

[@MyCatAnd]

Thanks! After looking her up and reviewing her credentials, I'm Impressed too. I've scheduled a call with her for advice

[@therusseljournal]

Everyone knows what this is. You're creating a false narrative.