One of the first concepts Jim stresses is stock ownership. Jim thinks we should consider stock ownership as a loan to the company to make more money for us and other shareholders.

While you have a fractional interest in the company, technically, you hold no real rights. This is a good thing as if the company goes broke we stand to lose only our investment and are not responsible for the debt. Given this fact we can be assured of never owing more than we invest. More than buying a piece of the company, we are loaning the company money in exchange for an interest.

Another important concept is Cramers repeated phrase of buy and homework. Jim is very much against the idea of buy and hold and thinks this idea should be abandon. Jim Cramer teaches that we need to be activist investors and manage our portfolio actively. Jims teaches that we should study at least one hour a week to keep up with our investments

Research to make good decisions includes reading the daily stock news, checking the balance sheets, and most importantly listenint to the conference calls. Research like this will give us the tools to decide if we need to buy or sell a stock.

Jim cramer´s books are full of clear and practical advise like this that is easy to follow. Jim explains how changes in the economy can affect your investments and how to use the economic cycle.

If you don´t have the time or don´t feel certain that you can make the best investment choices, consider subscribing to a service like Action Alerts Plus where an expert like Jim Cramer is doing your research for you and all you have to do is buy and sell when they tell you to execute the trade. The tips and advise offered in Action Alerts are invaluble and only add to the valuble information in the books.

So are you ready to get into the game and make some Mad Money? Check out any of Jim´s informative books and check out Action Alerts Plus for fantastic advise from a great team of investment pros.