It isn't easy to manage money, especially in the market we're in now. The whole time I ran money for a living, people would ask me, "Could you just tell me what you are buying and selling while you are doing it?" Considering that I compounded at 24% after all fees for 14 years, I can't blame people for wanting to look over my shoulder. But that wouldn't have been proper cricket. People were paying me millions of dollars to run their money and they didn't want me giving away my best ideas to those who weren't paying the freight.
At the end of 2000, though, I resolved that I would not run other people's money. I just wanted to run my own. That left me free to tell others what I was doing, without worrying that I was giving away the store to people who weren't partners in my hedge fund. I no longer cared if you looked over my shoulder, or even got a peek into my mind, for that matter, as I made my decisions. In fact, I no longer cared if you bought or sold the stocks that I was about to purchase or sell before I did it.
That's why we created
Action Alerts PLUS, a system for emailing you when I am about to make a trade -- letting you in on it
I pull the trigger. I have crafted a portfolio of about 30 stocks and anytime I touch one of them or select a new stock, you know before I act on it. I send you a concise email bulletin before I take action telling you exactly what I am doing, the number of shares I am buying or selling and why I am doing it. You get the heads up faster than in real time! You can also see my exact portfolio of stocks, and how I'm doing with my stock picking.
And you'll see for yourself why I make my moves, while you're immersed in the flow of the market day along with me. Just this morning, I've increased my bet on pharmaceuticals like
because of the signals I'm reading in that sector. And I told readers about other tasty bargains appearing in this session's selloff, like
. Even when I can't make trades because of my restrictions, you'll know when I think the timing is right for a move so you can still profit, like when
nearly doubles since dipping into the single digits.
Who can benefit the most from Action Alerts PLUS? If you manage your money yourself, or you want to keep your broker honest and on the ball, this very special product is for you. There's no mincing, no forked tongue, no broker-ese. I am either buying or selling, period.
Give it a try. It is one of the most popular services we have at
and we are proud to bring it to you. After all, didn't you always want to peer over the shoulder of someone who has made millions in the stock market?
I know I did. I just wish someone would have let me do so a long time ago.
I am giving you that chance now.
James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. At the time of publication, Cramer was long Verizon, Conexant, Comcast and the S&P Small Cap 600 ETF.
To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
Action Alerts PLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column to