Looking to put some money to work?
If you're a college-aged investor, Cramer has some advice for you.
On his exclusive members-only Action Alerts PLUS club call in July, Cramer took questions from members.
One question asked was: For a college-aged student, what percentage of savings should be used for mad money investments or stock picks?
"Typically I would say you got to get your $10,000 index money before you do this and I'm going to stick by that. Once you get 10,000 in then I don't care. You can do 25%," said Cramer. "You're a younger person in college, maybe even as much as 50%, because you got your whole life ahead of you. If you make a mistake, we want to find the next Facebook maybe the next Amazon the next Google. We have the Twilio, we have a Shopify. Those are very good stocks for you."