Jim Cramer, known host of "Mad Money" on CNBC, shared his perspective on stage-by-stage gradual investing. For him, making fragmented purchases is recognizing the fallibility of judgment when investing. For example, he suggested making 100 trades of 500 shares instead of a single one of 50,000, which would help achieve a lower average purchase price and a quicker recovery in the event of market declines.
Cramer emphasized that there is no need to anticipate every small market fluctuation and that money management does not require perfection, but rather being good enough and disciplined. He recommended betting on index funds linked to the S&P 500 as a viable strategy to protect and grow capital over the long term, although he mentioned that careful and diversified management of individual stocks can also outperform the S&P 500 if done correctly.
Regarding quantum computing, Cramer opined that its practical application is still many years away, between 15 and 30 years. Mark Zuckerberg, CEO of Meta, shared a similar view on the current limitations of this technology. Cramer, known for his accurate long-term investments, advised investors to maintain discipline and diversification in their portfolios to achieve good outcomes.
The host of "Mad Money" suggested making progressive purchases instead of investing all the capital at once, recognizing that not all investors have the time, temperament, or willingness to take high risks in search of greater returns. Despite his experience and success in the financial markets, Cramer emphasized the importance for each person to do what they believe is best according to their particular situation.
