13 things you should give up if you want to be successful

— Anonymous Sometimes, to become successful and get closer to the person we can become, we don’t need to add more things — we need to give up on some of them. There are certain things that are universal, which will make you successful if you give up on them, even though each one of us could have a different definition of success. First you have to take care of your health, and there are only two things you need to keep in mind: 1. Successful people know that making small continual improvement ev


— Anonymous Sometimes, to become successful and get closer to the person we can become, we don’t need to add more things — we need to give up on some of them.
There are certain things that are universal, which will make you successful if you give up on them, even though each one of us could have a different definition of success.
First you have to take care of your health, and there are only two things you need to keep in mind: 1.
Successful people know that making small continual improvement ev
13 things you should give up if you want to be successful Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-12-30  Authors: zdravko cvijetic
Keywords: news, cnbc, companies, small, sacrifice, successful, day, know, mindset, life, success, need, things


13 things you should give up if you want to be successful

Somebody once told me the definition of hell: “On your last day on earth, the person you became will meet the person you could have become.” — Anonymous Sometimes, to become successful and get closer to the person we can become, we don’t need to add more things — we need to give up on some of them. There are certain things that are universal, which will make you successful if you give up on them, even though each one of us could have a different definition of success. You can give up on some of them today, while it might take a bit longer to give up on others. More from Zdravko Cvijetic:

A guide to the perfect closure of the year

Your ultimate guide for waking up early

How to stick to your habits while travelling 1. Give up on the unhealthy lifestyle “Take care of your body. It’s the only place you have to live.” — Jim Rohn If you want to achieve anything in life, everything starts here. First you have to take care of your health, and there are only two things you need to keep in mind: 1. Healthy Diet

2. Physical Activity Small steps, but you will thank yourself one day.

2. Give up the short-term mindset “You only live once, but if you do it right, once is enough.” — Mae West Successful people set long-term goals, and they know that these aims are merely the result of short-term habits that they need to do every day. These healthy habits shouldn’t be something you do; they should be something you embody. There is a difference between: “Working out to get a summer body” and “Working out because that’s who you are.” 3. Give up on playing small “Your playing small does not serve the world. There is nothing enlightened about shrinking so that other people will not feel insecure around you. We are all meant to shine, as children do. It is not just in some of us; it is in everyone, and as we let our light shine, we unconsciously give others permission to do the same. As we are liberated from our fear, our presence automatically liberates others.”

— Marianne Williamson If you never try and take great opportunities, or allow your dreams to become realities, you will never unleash your true potential. And the world will never benefit from what you could have achieved. So voice your ideas, don’t be afraid to fail, and certainly don’t be afraid to succeed. 4. Give up your excuses “It’s not about the cards you’re dealt, but how you play the hand.” ―Randy Pausch, The Last Lecture Successful people know that they are responsible for their life, no matter their starting point, weaknesses, and past failures. Realizing that you are responsible for what happens next in your life is both frightening and exciting. And when you do, that becomes the only way you can become successful, because excuses limit and prevent us from growing personally and professionally. Own your life; no one else will.

5. Give up the fixed mindset “The future belongs to those who learn more skills and combine them in creative ways.” ―Robert Greene, Mastery People with a fixed mindset believe their intelligence or talents are simply fixed traits, and that talent alone creates success — without effort. They’re wrong. Successful people know this. They invest an immense amount of time on a daily basis to develop a growth mindset, acquire new knowledge, learn new skills and change their perception so that it can benefit their lives. Remember, who you are today, it’s not who you have to be tomorrow. 6. Give up believing in the “magic bullet” “Every day, in every way, I’m getting better and better.” — Émile Coué Overnight success is a myth. Successful people know that making small continual improvement every day will be compounded over time, and give them desired results. That is why you should plan for the future, but focus on the day that’s ahead of you, and improve just 1% every day. 7. Give up your perfectionism “Shipping beats perfection.” — Kahn Academy’s Development Mantra Nothing will ever be perfect, no matter how much we try. Fear of failure (or even fear of success) often prevents us from taking an action and putting our creation out there in the world. But a lot of opportunities will be lost if we wait for the things to be right. So “ship,” and then improve (that 1%).

8. Give up multi-tasking “You will never reach your destination if you stop and throw stones at every dog that barks.” ―Winston S. Churchill Successful people know this. That’s why they choose one thing and then beat it into submission. No matter what it is — a business idea, a conversation, or a workout. Being fully present and committed to one task, is indispensable. 9. Give up your need to control everything “Some things are up to us, and some things are not up to us.” — Epictetus, Stoic philosopher Differentiating these two is important. Detach from the things you cannot control, and focus on the ones you can, and know that sometimes, the only thing you will be able to control is your attitude towards something. Remember, nobody can be frustrated while saying “Bubbles” in an angry voice. 10. Give up on saying YES to things that don’t support your goals “He who would accomplish little must sacrifice little; he who would achieve much must sacrifice much; he who would attain highly must sacrifice greatly.” — James Allen Successful people know that in order to accomplish their goals, they will have to say NO to certain tasks, activities, and demands from their friends, family, and colleagues. In the short-term, you might sacrifice a bit of instant gratification, but when your goals come to fruition, it will all be worth it.


Company: cnbc, Activity: cnbc, Date: 2016-12-30  Authors: zdravko cvijetic
Keywords: news, cnbc, companies, small, sacrifice, successful, day, know, mindset, life, success, need, things


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Bill Gates says people with these 3 skills will be successful in the future job market

Iconic tech entrepreneur and Microsoft co-founder Bill Gates is obsessed with the future. He frequently works with inventors and industry disrupters, reads books about the future of humanity and funds projects to advance communities. Workers proficient in those subjects will be “the agents of change for all institutions,” Gates tells LinkedIn Executive Editor Daniel Roth. “I do think of basic knowledge of the sciences, math skills, economics — a lot of careers in the future will be very demandin


Iconic tech entrepreneur and Microsoft co-founder Bill Gates is obsessed with the future.
He frequently works with inventors and industry disrupters, reads books about the future of humanity and funds projects to advance communities.
Workers proficient in those subjects will be “the agents of change for all institutions,” Gates tells LinkedIn Executive Editor Daniel Roth.
“I do think of basic knowledge of the sciences, math skills, economics — a lot of careers in the future will be very demandin
Bill Gates says people with these 3 skills will be successful in the future job market Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-12-22  Authors: marguerite ward
Keywords: news, cnbc, companies, think, successful, table, bill, future, tells, skills, way, tremendously, works, tech, things, job, market, gates


Bill Gates says people with these 3 skills will be successful in the future job market

Iconic tech entrepreneur and Microsoft co-founder Bill Gates is obsessed with the future.

He frequently works with inventors and industry disrupters, reads books about the future of humanity and funds projects to advance communities.

And based on the data he’s collected, Gates concludes that people with three backgrounds will be the most in-demand from here on out: science, engineering and economics.

Workers proficient in those subjects will be “the agents of change for all institutions,” Gates tells LinkedIn Executive Editor Daniel Roth.

“I do think of basic knowledge of the sciences, math skills, economics — a lot of careers in the future will be very demanding on those things,” Gates says.

You don’t have to be an expert in coding or the periodic table, but having the ability to think the way these experts do will help you tremendously.


Company: cnbc, Activity: cnbc, Date: 2016-12-22  Authors: marguerite ward
Keywords: news, cnbc, companies, think, successful, table, bill, future, tells, skills, way, tremendously, works, tech, things, job, market, gates


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This simple stock-picking strategy from Goldman Sachs is killing the market this year

Traders work on the floor of the New York Stock Exchange in New York City. “Our high Sharpe ratio strategy has generated stellar 2016 results from both an absolute and risk-adjusted perspective,” chief U.S. equity strategist David Kostin wrote in a note to clients Friday. “We expect the newly rebalanced high Sharpe ratio basket will continue to outperform S&P 500 on a risk-adjusted basis in 2017.” The Sharpe ratio was developed by economist William Sharpe in the 1960s. Here is a selection of sev


Traders work on the floor of the New York Stock Exchange in New York City.
“Our high Sharpe ratio strategy has generated stellar 2016 results from both an absolute and risk-adjusted perspective,” chief U.S. equity strategist David Kostin wrote in a note to clients Friday.
“We expect the newly rebalanced high Sharpe ratio basket will continue to outperform S&P 500 on a risk-adjusted basis in 2017.”
The Sharpe ratio was developed by economist William Sharpe in the 1960s.
Here is a selection of sev
This simple stock-picking strategy from Goldman Sachs is killing the market this year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-12-19  Authors: tae kim
Keywords: news, cnbc, companies, killing, sharpe, basket, ratio, strategy, high, market, stockpicking, simple, riskadjusted, stocks, stock, goldman, sachs, york


This simple stock-picking strategy from Goldman Sachs is killing the market this year

Traders work on the floor of the New York Stock Exchange in New York City.

A strategy based on a ratio from a Nobel Prize–winning economist and developed by Goldman Sachs is beating the market by 10 percentage points this year, according to the firm.

“Our high Sharpe ratio strategy has generated stellar 2016 results from both an absolute and risk-adjusted perspective,” chief U.S. equity strategist David Kostin wrote in a note to clients Friday. “We expect the newly rebalanced high Sharpe ratio basket will continue to outperform S&P 500 on a risk-adjusted basis in 2017.”

The Sharpe ratio was developed by economist William Sharpe in the 1960s. It measures the average performance of a security in excess of a risk-free return, adjusted for price volatility.

Kostin said the firm’s portfolio based on the ratio is up 23 percent year to date and has a higher risk-adjusted return than 98 percent of large-cap mutual funds.

The basket includes the 50 S&P 500 stocks with the “highest prospective Sharpe ratios” using Wall Street consensus forecasts and the volatility implied by stock option prices. The basket is rebalanced twice a year in June and December.

The strategy beat the market by 7 percentage points per year since 1999, according to the strategist.

Here is a selection of seven Goldman Sachs “High Sharpe Ratio” basket stocks.


Company: cnbc, Activity: cnbc, Date: 2016-12-19  Authors: tae kim
Keywords: news, cnbc, companies, killing, sharpe, basket, ratio, strategy, high, market, stockpicking, simple, riskadjusted, stocks, stock, goldman, sachs, york


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30-year-old self-made millionaire shares 5 quick ways to make money

A few years ago, Kyle Taylor was like many people in their 20s, saddled with debt and making uneducated financial decisions. Now Taylor, 30, is a self-made millionaire, and his blog, The Penny Hoarder, is a full-blown company offering financial tips to thousands of users. Here are a few key money tricks that helped Taylor go from broke to millionaire:1. Earn cash back from online shoppingFor purchases you make every month, start buying them online using a rewards site like eBates or Mr. Check ou


A few years ago, Kyle Taylor was like many people in their 20s, saddled with debt and making uneducated financial decisions.
Now Taylor, 30, is a self-made millionaire, and his blog, The Penny Hoarder, is a full-blown company offering financial tips to thousands of users.
Here are a few key money tricks that helped Taylor go from broke to millionaire:1.
Earn cash back from online shoppingFor purchases you make every month, start buying them online using a rewards site like eBates or Mr.
Check ou
30-year-old self-made millionaire shares 5 quick ways to make money Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-12-16  Authors: marguerite ward
Keywords: news, cnbc, companies, millionaire, ways, shares, taylor, cash, money, purchases, selfmade, paid, penny, site, online, ceo, 30yearold, quick, shopping


30-year-old self-made millionaire shares 5 quick ways to make money

A few years ago, Kyle Taylor was like many people in their 20s, saddled with debt and making uneducated financial decisions. To encourage himself to get out of his financial mess, he started a blog about his journey. The blog “was just my way of sharing what I was doing to pay off my student loan debt and hold myself accountable,” Taylor tells CNBC.

Now Taylor, 30, is a self-made millionaire, and his blog, The Penny Hoarder, is a full-blown company offering financial tips to thousands of users. Taylor is the CEO. “Six years ago I was down to my last dollar, looking for change on the side of the street to buy ramen with,” he says.

Here are a few key money tricks that helped Taylor go from broke to millionaire:

1. Earn cash back from online shopping

For purchases you make every month, start buying them online using a rewards site like eBates or Mr. Rebates, Taylor suggests. These sites give cash back on purchases made through their site. “Just think about that for a second. Think about the Christmas shopping that you have to do or all of the birthday presents you’re going to buy or even your groceries,” he says. “If you could move even just half of that to purchasing online through a cash back rebate site, it could be hundreds or even thousands of dollars every year that you could put directly into a savings account.”

Kyle Taylor, founder and CEO of The Penny Hoarder CNBC

2. Sell your photos

Don’t let your awesome iPhone shots go to waste. Check out the app called Foap that lets you turn your smartphone photos into extra money. Upload some of your high quality photos to Foap’s marketplace, and someone could purchases the license to your photo. You get $5 each time the photo is sold, Taylor explains.

3. Become a beer auditor

If you are between the ages of 18 and 30, you could work as a beer auditor, someone who reports to companies on whether or not you were asked for ID before purchasing alcohol.

Businesses pay for auditing services like Corporate Research, The Source and Sinclair Customer Metrics to make sure their locations follow federal ID laws. “I was a beer auditor,” Talyor says. “I got paid to go to grocery stores and gas stations and see if they would card me. I would earn anywhere from $20 to $50 per location that I was sleuthing.”

It was a job he could do in his spare time, with little effort.

I’m a huge fan of finding hidden money. Kyle Taylor founder and CEO of The Penny Hoarder

4. Go to the movies

“I got paid to go to the movies and write down all the previews and commercials I saw beforehand,” Taylor says. “Advertisers wanted to see that so they could ensure that their previews you’re being seen.”

You can get paid to review movies or count the number of patrons entering a show’s theater, he explains on The Penny Hoarder.

“It’s such a fun job,” he says.

5. Review your shopping or dining experience

The CEO and his family used to do a lot of mystery shopping to get free services and extra cash. A mystery shopper is someone who pretends to be a regular customer, but is actually a paid worker who provides feedback to the company on the experience.

“We would all get to go out to eat for dinner,” Taylor says. “My mom would be taking notes on the experience so that she could write a report later on [that] we get paid for anywhere from ten to twenty bucks. Plus we get a free meal as a family.”


Company: cnbc, Activity: cnbc, Date: 2016-12-16  Authors: marguerite ward
Keywords: news, cnbc, companies, millionaire, ways, shares, taylor, cash, money, purchases, selfmade, paid, penny, site, online, ceo, 30yearold, quick, shopping


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Top-ranked media analyst: ‘Never bet against the American couch potato’

Benjamin Swinburne of Morgan Stanley, one of the top-ranked media analysts on Wall Street, says changes in consumption habits over the past decade have only reinforced his view that Americans will remain big consumers of entertainment content. Consumers haven’t given up television, but instead are watching shows on demand through their tablets and other media devices, he said. And now they are buying services such as Netflix and Hulu on top of their cable subscriptions, the analyst added. During


Benjamin Swinburne of Morgan Stanley, one of the top-ranked media analysts on Wall Street, says changes in consumption habits over the past decade have only reinforced his view that Americans will remain big consumers of entertainment content.
Consumers haven’t given up television, but instead are watching shows on demand through their tablets and other media devices, he said.
And now they are buying services such as Netflix and Hulu on top of their cable subscriptions, the analyst added.
During
Top-ranked media analyst: ‘Never bet against the American couch potato’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-12-15  Authors: giovanny moreano
Keywords: news, cnbc, companies, upside, american, potato, media, analyst, couch, zero, topranked, exclusive, watching, wall, transcript, view, bet, trumpmergers, swinburne


Top-ranked media analyst: 'Never bet against the American couch potato'

Benjamin Swinburne of Morgan Stanley, one of the top-ranked media analysts on Wall Street, says changes in consumption habits over the past decade have only reinforced his view that Americans will remain big consumers of entertainment content.

“I’ve been covering this sector for 17 years. And one thing I always half-jokingly say to investors when they’re ready to assume everything’s going to zero is: Never bet against the American couch potato, because our desire to consume and actually spend money on content has continued to surprise to the upside,” Swinburne said during an in-depth conversation with CNBC’s Michael Santoli.

Consumers haven’t given up television, but instead are watching shows on demand through their tablets and other media devices, he said. And now they are buying services such as Netflix and Hulu on top of their cable subscriptions, the analyst added.

During this exclusive talk, Swinburne also discusses:

His investment outlook for the media industry under President-elect Donald Trump.

Mergers and acquisition in the space.

His favorite stocks for the months ahead.

PRO subscribers can also read the entire transcript of the exclusive interview below.


Company: cnbc, Activity: cnbc, Date: 2016-12-15  Authors: giovanny moreano
Keywords: news, cnbc, companies, upside, american, potato, media, analyst, couch, zero, topranked, exclusive, watching, wall, transcript, view, bet, trumpmergers, swinburne


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JPMorgan asset management global strategist: ‘Animal spirits’ trump fundamentals during this rally

David Lebovitz, a global market strategist at JPMorgan Asset Management, which oversees $1.8 trillion, said investors may need to rethink how they value stocks during this euphoric market rally on President-elect Donald Trump’s promises of pro-growth economic policies. What I feel like Trump’s election has done is brought out some animal spirits. There was underlying support from the fundamentals as it was, but now we got sentiment on our side,” Lebovitz said. In this in-depth interview, Lebovit


David Lebovitz, a global market strategist at JPMorgan Asset Management, which oversees $1.8 trillion, said investors may need to rethink how they value stocks during this euphoric market rally on President-elect Donald Trump’s promises of pro-growth economic policies.
What I feel like Trump’s election has done is brought out some animal spirits.
There was underlying support from the fundamentals as it was, but now we got sentiment on our side,” Lebovitz said.
In this in-depth interview, Lebovit
JPMorgan asset management global strategist: ‘Animal spirits’ trump fundamentals during this rally Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-12-13  Authors: giovanny moreano
Keywords: news, cnbc, companies, spirits, stocks, economic, jpmorgan, trump, trumps, investors, interview, strategist, global, seeing, animal, lebovitz, asset, management, fundamentals, rally, market


JPMorgan asset management global strategist: 'Animal spirits' trump fundamentals during this rally

David Lebovitz, a global market strategist at JPMorgan Asset Management, which oversees $1.8 trillion, said investors may need to rethink how they value stocks during this euphoric market rally on President-elect Donald Trump’s promises of pro-growth economic policies.

“The economic data was going to be fine regardless of who got elected president. What I feel like Trump’s election has done is brought out some animal spirits. And that’s why you are seeing small caps, which are up significantly since Nov. 8, you are seeing a further rally in the banks, the materials, the industrial names. There was underlying support from the fundamentals as it was, but now we got sentiment on our side,” Lebovitz said.

In this in-depth interview, Lebovitz discusses:

The main changes taking place in the investment landscape.

Best places to invest in 2017, including stocks, bonds and global markets.

Some of the key economic factors needed to keep the rally going.

Why long-term investors should add exposure to health-care stocks.

PRO subscribers can also read the entire transcript of the exclusive interview below.


Company: cnbc, Activity: cnbc, Date: 2016-12-13  Authors: giovanny moreano
Keywords: news, cnbc, companies, spirits, stocks, economic, jpmorgan, trump, trumps, investors, interview, strategist, global, seeing, animal, lebovitz, asset, management, fundamentals, rally, market


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Chart shows exactly how Trump’s tax reform could affect you

President Donald Trump’s tax plan, introduced during the campaign and outlined in more detail this week, aims to “reduce taxes across the board.” Howmuch.net, a cost information website, has created a handy infographic to help answer that question. As you’ll see in the chart below, the GOP tax plan is a simplification. He wants to reduce the number of individual tax bands from seven to three: 12 percent, 25 percent and 33 percent. “But simplifying is not necessarily the same as reducing taxes,”


President Donald Trump’s tax plan, introduced during the campaign and outlined in more detail this week, aims to “reduce taxes across the board.” Howmuch.net, a cost information website, has created a handy infographic to help answer that question. As you’ll see in the chart below, the GOP tax plan is a simplification. He wants to reduce the number of individual tax bands from seven to three: 12 percent, 25 percent and 33 percent. “But simplifying is not necessarily the same as reducing taxes,”
Chart shows exactly how Trump’s tax reform could affect you Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-12-08  Authors: kathleen elkins, brian blanco, getty images
Keywords: news, games, cnbc, companies, trumps, chart, affect, youll, plan, exactly, wants, reduce, website, tax, reform, week, cost, shows, taxes, information


Chart shows exactly how Trump's tax reform could affect you

President Donald Trump’s tax plan, introduced during the campaign and outlined in more detail this week, aims to “reduce taxes across the board.” But how exactly will it impact you? Will your taxes actually end up lower?

Howmuch.net, a cost information website, has created a handy infographic to help answer that question.

As you’ll see in the chart below, the GOP tax plan is a simplification. He wants to reduce the number of individual tax bands from seven to three: 12 percent, 25 percent and 33 percent.

“But simplifying is not necessarily the same as reducing taxes,” the cost information site explains.


Company: cnbc, Activity: cnbc, Date: 2016-12-08  Authors: kathleen elkins, brian blanco, getty images
Keywords: news, games, cnbc, companies, trumps, chart, affect, youll, plan, exactly, wants, reduce, website, tax, reform, week, cost, shows, taxes, information


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Cramer highlights the magic of compounding — how to double your money in 7 years

“Show me an asset class with a better average return. With that 10 percent average annual return, one can double their money in about seven years, Cramer said. “The magic of compounding works best the younger you are, because that means you have more time for your money to grow,” Cramer said. In that case, if the average return remained at 10 percent, in 40 years that $10,000 investment will be worth more than $450,000. Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram – VineQuestion


“Show me an asset class with a better average return. With that 10 percent average annual return, one can double their money in about seven years, Cramer said. “The magic of compounding works best the younger you are, because that means you have more time for your money to grow,” Cramer said. In that case, if the average return remained at 10 percent, in 40 years that $10,000 investment will be worth more than $450,000. Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram – VineQuestion
Cramer highlights the magic of compounding — how to double your money in 7 years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-12-02  Authors: abigail stevenson, taglass, getty images, -jim cramer
Keywords: news, games, cnbc, companies, highlights, cramer, best, money, return, 40, gains, compounding, town, twitter, double, magic, sp, average


Cramer highlights the magic of compounding — how to double your money in 7 years

“Show me an asset class with a better average return. You can’t do it! Stocks aren’t just the best game in town, they are really the only game in town if your goal is to grow your wealth.”

The 10 percent average return on the S&P 500 may not seem impressive at first, despite the fact that it’s more than double what one can expect from a 30-year Treasury bond and way more than what a certificate of deposit from a bank pays.

However, with an understanding of the magic of compounding, it is impressive. For instance, if $100 is invested in the S&P 500 and it gains 10 percent in a year, that will generate $110, after another year it’s $121 and after a third year it’s $133.

The gains will continue to get larger because each year, money is made from the previous year’s profits. With that 10 percent average annual return, one can double their money in about seven years, Cramer said.

“The magic of compounding works best the younger you are, because that means you have more time for your money to grow,” Cramer said.

For instance, if a 22-year-old is just entering the work force they have more than 40 years before they retire. They can invest $10,000 in an S&P index fund right now with the anticipation that the next 40 years won’t be too different from the last 40 years.

In that case, if the average return remained at 10 percent, in 40 years that $10,000 investment will be worth more than $450,000. Making that money didn’t require any stock picking or trading or even research on individual companies.

“All you have to do after you initially save that money is let it sit on the sidelines, ideally in a 401(k) plan or an IRA so that you don’t’ have to pay capital gains or dividend taxes on your gains,” Cramer said.

The same logic can be applied to those in different age groups, but it’s best to start early to get the biggest bang for your buck.

Questions for Cramer?

Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!

Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram – Vine

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com


Company: cnbc, Activity: cnbc, Date: 2016-12-02  Authors: abigail stevenson, taglass, getty images, -jim cramer
Keywords: news, games, cnbc, companies, highlights, cramer, best, money, return, 40, gains, compounding, town, twitter, double, magic, sp, average


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Cramer breaks down your bond exposure by age — how to protect yourself from market volatility

“Depending on how old you are, there is a huge difference in how you should approach the very idea of putting your money in bonds,” Cramer said. So, for those investors under 35 who own a bunch of bonds with the idea that they will slowly make money, Cramer thinks they’re being too cautious. So, for younger investors, Cramer says putting money into bonds is a “fool’s game.” This will ensure the wealth generated from stocks is protected against the volatility of the stock market. Mad Money Twitte


“Depending on how old you are, there is a huge difference in how you should approach the very idea of putting your money in bonds,” Cramer said. So, for those investors under 35 who own a bunch of bonds with the idea that they will slowly make money, Cramer thinks they’re being too cautious. So, for younger investors, Cramer says putting money into bonds is a “fool’s game.” This will ensure the wealth generated from stocks is protected against the volatility of the stock market. Mad Money Twitte
Cramer breaks down your bond exposure by age — how to protect yourself from market volatility Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-12-02  Authors: abigail stevenson, rafe swan, getty images, -jim cramer
Keywords: news, games, cnbc, companies, cramer, volatility, money, exposure, bonds, idea, protect, stocks, younger, breaks, age, putting, twitter, bond, investors, wealth, market


Cramer breaks down your bond exposure by age — how to protect yourself from market volatility

“Depending on how old you are, there is a huge difference in how you should approach the very idea of putting your money in bonds.”

Stocks are a tool to make money, Cramer said, and bonds are for capital preservation — for protecting money and providing a small, steady return that can offset the impact of inflation.

“Depending on how old you are, there is a huge difference in how you should approach the very idea of putting your money in bonds,” Cramer said.

In Cramer’s perspective, many financial experts tell their clients to own more bonds a lot earlier in their lifetime than what is really necessary. An investor likely will not get rich from owning Treasury bonds. So, for those investors under 35 who own a bunch of bonds with the idea that they will slowly make money, Cramer thinks they’re being too cautious.

Even in a 401(k) and an IRA, Cramer recommends that younger investors weigh their investments very heavily toward stocks, particularly because these types of accounts will allow investors to avoid capital gains or dividend taxes. That means gains can compound tax-free year after year.

However, as investors grow older, owning Treasury bonds becomes absolutely essential because bonds are simply safer. So, once investors have used the stock market to make themselves financially independent, they should put more money into U.S. Treasuries for protection.

How much of a retirement portfolio should be kept in bonds versus stocks? Cramer broke it down by age:

20s: None

30s: 10 percent of your retirement fund; 20 percent if you are conservative

40s: 20 to 30 percent

50s: 30 to 40 percent

60s: 40 to 50 percent bonds

Post-retirement: Increase bond exposure to 60 to 70 percent

“You’re going to be living off your investments for the rest of your life, so some part of your portfolio should always be trying to create more wealth in case you live longer than you expect and need more money to support yourself,” Cramer said.

So, for younger investors, Cramer says putting money into bonds is a “fool’s game.” But as one grows older, that bond exposure should grow. This will ensure the wealth generated from stocks is protected against the volatility of the stock market.

Questions for Cramer?

Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!

Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram – Vine

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com


Company: cnbc, Activity: cnbc, Date: 2016-12-02  Authors: abigail stevenson, rafe swan, getty images, -jim cramer
Keywords: news, games, cnbc, companies, cramer, volatility, money, exposure, bonds, idea, protect, stocks, younger, breaks, age, putting, twitter, bond, investors, wealth, market


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Cramer says to get involved! The best way to get your child excited about investing

Cramer says to get involved! The best way to get your child excited about investing Friday, 2 Dec 2016 | 6:25 PM ET | 04:52Jim Cramer loves the public school system, but the truth is that it cannot be relied upon to teach children about money. That means not waiting until after kids go to college to teach them about financial literacy. Once kids go to college, they will be bombarded by credit card offers that could seem irresistible. Credit-card debt on top of student loans could send someone in


Cramer says to get involved! The best way to get your child excited about investing Friday, 2 Dec 2016 | 6:25 PM ET | 04:52Jim Cramer loves the public school system, but the truth is that it cannot be relied upon to teach children about money. That means not waiting until after kids go to college to teach them about financial literacy. Once kids go to college, they will be bombarded by credit card offers that could seem irresistible. Credit-card debt on top of student loans could send someone in
Cramer says to get involved! The best way to get your child excited about investing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-12-02  Authors: abigail stevenson, colin anderson, getty images, -jim cramer
Keywords: news, games, cnbc, companies, teach, college, cramer, best, system, excited, waiting, debt, truth, kids, involved, child, investing, children, way


Cramer says to get involved! The best way to get your child excited about investing

Cramer says to get involved! The best way to get your child excited about investing Friday, 2 Dec 2016 | 6:25 PM ET | 04:52

Jim Cramer loves the public school system, but the truth is that it cannot be relied upon to teach children about money.

“If you want your children to become fluent in the language of finance, you are going to have to do it yourself,” the “Mad Money” host said.

That means not waiting until after kids go to college to teach them about financial literacy. Once kids go to college, they will be bombarded by credit card offers that could seem irresistible. Credit-card debt on top of student loans could send someone into debt for decades.


Company: cnbc, Activity: cnbc, Date: 2016-12-02  Authors: abigail stevenson, colin anderson, getty images, -jim cramer
Keywords: news, games, cnbc, companies, teach, college, cramer, best, system, excited, waiting, debt, truth, kids, involved, child, investing, children, way


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