Action Alerts Plus portfolio manager and TheStreet's founder Jim Cramer has learned a lot over his 30+ years of investing. So he created a list of 25 Rules for Investing that can help you avoid the novice pitfalls that even he fell into on occasion.

Like falling for the hype.

Rule 23: Beware the Wall Street Hype

"Amateurs and professionals alike simply don't have enough respect for the Wall Street promotion machine," says Cramer, who says he recognizes it when traders falls in love with a stock.

So listen in to Rule #23 as he talks about a stock that was one of the biggest sales pitches on the street and how you can avoid falling for them.

Sign up and watch Jim Cramer's 25 Rules For Investing here!

 

And for more Investing Rules, watch these: