Thank you, thank you, thank you! You have successfully gotten Mad Money Machine nominated as one of the five best business podcasts at podcastawards.com!
And here’s some relief: I won’t hound you to vote for this show now because I’m sure Manager Tools has it locked up. (They already won most advertisers or something, and it is consistently ranked #1 at PodcastAlley.com with tons more votes than MMM has ever gotten. So no need pushing the rope.)
Nonetheless, we’ve done it! Getting nominated was the only goal and we did it! Thank you so very very much, it really means a lot to me that you the listeners cared enough to waste your time doing that for me. I’m humbled, honored, and incentivized. I’ll try and make it up to you by working harder to give you something tasty each show. Thank you.
Halliburton Company (HAL) is one of the stocks in our portfolio of select Cramer featured stocks. It closed at about $30 today.
On today’s Real Money radio show, Jim Cramer said the following (excerpted from his web site):
Last Friday Cramer said he issued an alert to his Action Alert PLUS subscribers that people should declare victory with Halliburton (HAL) and sell it when it was at $37, even though Cramer could not sell it for his charitable trust, Action Alerts PLUS.
From last Friday, the stock is down seven points. This is a company that has lost $8 billion in market capitalization even though Halliburton reported an earnings report that was great, Cramer said.
People are now starting to make up things to make some rational sense out of this irrational behavior, Cramer said.
But don’t listen to the headlines. The fact of the matter is that the infrastructure business is really strong, and it is not connected to housing, Cramer said.
In the meantime, Cramer told listeners to wait for sellers to give up and throw away the stocks, and then pick them up.
I am not a subscriber to Action Alerts Plus. And even if I were, it would not be fair to the non-subscribers or to Jim for me to tell you what he says in it. Furthermore, as a normal member of the Mad Money viewing public, I’m representing what most people see on TV.
So… last Friday was July 14th, right? Well, on Mad Money on July 18th he said this in response to a Lightning Round caller:
Halliburton: “The bears have this stock … in their paws. … I’m not backing away from my charitable trust. … But understand the forecast is still pain.” And the stock is listed in his Bullish section of the website for that day.
I took this to mean that we shouldn’t back away either. Note that he did not say sell it at $37. Is he saying sell it now? What do you think we should do with it in the portfolio? Interpret it as a sell? Interpret it as a hold (since Jim still holds it in Action Alerts Plus portfolio)? Lemme know. Leave me a comment right here.
If you say sell, then we will adjust the portfolio to reflect Monday’s price at 10:30. (But it won’t show up until I get back from vacation on Wednesday).
or, if you just can’t possibly deal with that then Play show 32, right now [audio:MMM-032.mp3]
Proudly sponsored by Index Funds Advisors. Take the Risk Capacity Survey and also Benchmark your portfolio.
I picked a day at random between 1 Jan and 31 May 2006 to highlight the results from a specific Mad Money show. The random day that was selected was April 5th. See how Jim’s featured stocks did and also see how the lightning round bullish and bearish stocks would have done. As a reference, the S&P 500 was down 5.6% between April 5th and 18 July.
Recently lower download stats. Three reasons I can think of: 1) People are on vacation 2) People are not interested in stocks and stock shows, or 3) This show is getting too focused on index funds instead of specific stocks.
Our Guru has a book that will help you deal with random happenings.
For our Tool this week, who cares about money anyway? We work to get money to invest in stocks so we can buy more music. For this tool, you won’t need to buy as much music.
THANK YOU for submitting your early money memories! See the comments from show #31 to read all the great early money memories for yourself. Sorry my intro to that segment was drowned out by the music. I was going to fix it but got too lazy.
BOOK GIVEAWAY! I’m giving away yet another copy of Index Funds: The 12-Step Program for Active Investors. Make sure you are registered then simply add a comment to this show that helps me solve the dilemma of my show’s content: What should I talk about on the Mad Money Machine?
Music from music.podshow.com:
Stock Pickin Blues – (lyrics by Paul Douglas Boyer mashed up with music from James Connolly’s song Blackbird Blues)
Runaway Train – Under Feather
FUNK IN A – PAT ZELENKA
Basic Blues – Kparx
Basic Blues – Kparx
Basic Blues – Kparx
I Am Not Alone – Rachel Keagy
sitar – ???
Blackheart Blues – Melissa Forbes
Money – Theory in Motion
I Quit Smokin – Feed The Kitty – Studio Z Productions
Stock Pickin Blues
(Lyrics by Paul Douglas Boyer)
Well… I been tryin’ to find another way to make me some money
‘Cause my job ain’t got much pay.
Yeah, been tryin’ to find another way to make me some money
‘Cause my job ain’t got much pay
So, I been foolin’ around in that stock market
Tryin’ to do it Jimmy Cramer’s way
Bought a hundred shares of Mr. Softie
It’s gone down day by day
Then bought a hundred of United Health Group
And I lost about half of it that way
So I calls up Mr. Cramer
To see what he’d have to say
And here’s what he said
He said I want you to sell that Mr Softie
That’s just a house of pain
And I want you to sell UNH
That’s been money down the drain
Then go and buy some Crystallex
You’ll have a golden day
So I mortgaged my house
Auctioned my car
Pawned all my jewelry
Even sold my brand new pair of shoes
And I put everything I owned in the stocks
That Jimmy told me to do
By now you know my story
I’m singin’ the Stock Pickin’ Blues
After all the dust had settled
I started doin’ some readin’
Come to find out pickin’ stocks
Wasn’t what I was needin’
Had to set it and forget it
To try and stop the bleedin’
Ain’t no use tryin’ to beat the market
There’s just too many people competin’
So fellas I got some news
I’m all done now with the Stock Pickin’ Blues
Get your blues turned to green
At the MadMoneyMachine.com
or, if you just can’t possibly deal with that then Play show 31, right now [audio:MMM-031.mp3]
Proudly sponsored by Index Funds Advisors. Take the Risk Capacity Survey and also Benchmark your portfolio.
The Free Breakfast
The answer to mojojojo103’s question: What was the first index fund?
Quant funds. How about a Magic Formula fund?
evan won the book this week.
Funny Money segment reads a rejection letter.
BOOK GIVEAWAY! I’m giving away yet another copy of Index Funds: The 12-Step Program for Active Investors. Make sure you are registered then simply add a comment to this show that tells about one of your Earliest Money Memories. It doesn’t have to be a Pulitzer-prize winning story!
I promise (if you keep listening to the Mad Money Machine) not to head-butt you in the chest.
I did a back test on our Guru‘s suggested portfolio. It did pretty good!
A tune for people trying to time the market or pick individual stocks.
Another little treat: I looked at the performance of last December 15th’s Magic Formula stocks. How have they done compared to the ETF Portfolio?
A tip: You can find out ALL the stocks that make up the DFA funds.
A favor: Please nominate the Mad Money Machine for business podcast at PodcastAwards.com.
* You can nominate / submit Podcasts once every 24 hours.
* You can nominate a show for Podcast of the Year or Best Produced, and also submit it to an individual category
* You should not submit the same show in multiple categories with the exception of above.
* Duplicate nominations withing a 24 hour period by the same nominator will result in nominations being thrown out!
Music from music.podshow.com:
Runaway Train – Under Feather
Its Time – Mike Drazka
Blur – PunchTube
Wake Up – Theory in Motion
Money – Theory in Motion
Silk Route – Satya
Shut Up and Pray – Leah Martensen
The Wayback Machine – The Geargrinders
In My Arms – Theory in Motion
or, if you just can’t possibly deal with that then Play show 30, right now
Proudly sponsored by Index Funds Advisors. Take the Risk Capacity Survey and also Benchmark your portfolio.
Did you watch the fireworks? For me it is all about EGRESS!
I noticed iTunes no longer has a listing for the top podcasts in different categories.
Also, they censored show #27: STOX SUX. So I changed the name to STOX STINX
The first FUNNY MONEY segment is introduced. Call me at 206-734-4736 with your earliest money memory and tell me a story about one of the first things you remember about money. You can plug your podcast if you want!
Our Guru this time sat at the library studying leading investment guides and wondered why none of them considered risk as well as return.
Books I’m reading: Index Funds: The 12-Step Program for Active Investors by Mark T. Hebner
John Bogle on Investing
Peter Bernstein: The Remarkable Story of Risk and also his Capidal Ideas Freakonomics by Steven D. Levitt and Stephen J. Dubner Where Are The Customers’ Yachts? by Fred Schwed
and Winning the Loser’s Game by Charles Ellis
I’ve got way too much stuff!
Do you have too many stocks and/or mutual funds?
A thought experiment.
Our Tool in the Crib lets you create your own market.
I’ve watched more soccer in the past 3 weeks than in the past sum total of my life. But, why don’t they make the goal 2 feet wider and 2 feet taller?
Mad Money Review: Jim Cramer said to get out of the speculative stocks. That was quick! And by the way, what beach was it anyway?
BOOK GIVEAWAY! I’m giving away yet another copy of Index Funds: The 12-Step Program for Active Investors. Make sure you are registered then add a comment to this show notes that includes the keyword given in the show.
A favor: Please nominate the Mad Money Machine for business podcast at PodcastAwards.com.
* You can nominate / submit Podcasts once every 24 hours.
* You can nominate a show for Podcast of the Year or Best Produced, and also submit it to an individual category
* You should not submit the same show in multiple categories with the exception of above.
* Duplicate nominations withing a 24 hour period by the same nominator will result in nominations being thrown out!
Music from music.podshow.com:
When Bullets Fly – The Michael E. Thomas Band
Too Much Stuff, Too Little House – Shelly Niebuhr
Ruby in the Dust – The Michael E. Thomas Band
The Speculation Blues – lyrics by Mark T. Hebner
A Google search on Financial Independence yielded two notions: becoming debt free and becoming free from The Man. Get a lot of money, then you can do what you love.
The Number by Lee Eisenberg is discussed.
The Rule of 25 is the Financial Independence Rule!
Ten Tips for Financial Independence and the Good Life.
Mad Money Review looks at Jim’s Recap of his show from November 17th. Get Shorty. Wall Street Journal had an article about how some heavily shorted stocks may have upside before the end of the year. Cramer’s take. LEND, OVTI, RRGB, Calpine (formerly CPN), MSO, WGO, BZH, and EXP.
BOOK GIVEAWAY! I’m giving away another copy of Index Funds: The 12-Step Program for Active Investors. Make sure you are registered then add a comment to this show notes that includes the keyword given in the show.
A favor: Please nominate the Mad Money Machine for business podcast at PodcastAwards.com.
* You can nominate / submit Podcasts once every 24 hours.
* You can nominate a show for Podcast of the Year or Best Produced, and also submit it to an individual category
* You should not submit the same show in multiple categories with the exception of above.
* Duplicate nominations withing a 24 hour period by the same nominator will result in nominations being thrown out!
Music from music.podshow.com:
Stars and Stripes Forever – John Philips Sousa
Independence Day – Life Has Teeth
Save Your Money – Lee Maddeford
I Don’t Need You – Dusty Hughes
Freedom – GILES
A Freedom Cry – Scaterd Few
Listen to show #29! Would you nominate the Mad Money Machine for best business podcast at PodcastAwards.com?
I just had a thought for something that could be a fun segment for the Mad Money Machine: Tell me an early money memory you have. (Someone once said that your attitudes about money later in life are shaped by your earliest memories about money.) So tell me yours! I’ll try to play it on the Mad Money Machine show. Try to be brief (’cause you know I don’t dwell on any one thing too long) and G-rated.
And during your call you can plug something if you want to… you certainly don’t have to! For example, if you are a podcaster and want someone to know how to find your show, or if you sell something, or even if you have an eBay auction for something. No Vices please!
To tell me your early money memory, either:
1. Record it to an mp3 file and get it to me (email it or upload it somewhere and tell me where)
2. Call it in to my voicemail line at 206-734-4736 (20-MP3-4-iPod)
3. Skype me at madmoneymachine
4. just email me the text to read
5. or whatever
I told you my early money memory in a previous show: I was about 6 years old. My grandmother gave me 5 cents to go to the corner store and buy some candy. I would buy 4 cents worth, walk out of the store, then come back in and buy the final penny’s worth. Why? Because if I bought all 5 cents at once I would have to pay another penny in sales tax!
Wed, June 28 2006 » Announcements » Comments Off on Go plug yourself: Tell me an Early Money Memory
Todd Good says Mad Money Machine is the best investing podcast, hands down.
Check out WaterfrontRoasters.com and type in the promotional code ‘Madmoney’ to get a 20% discount off your purchase.
Do you think you should invest ALL your money in a Mad Money portfolio?
Merton Miller once said: I do choose a few stocks myself, but I do it strictly for entertainment.
Another favor: Please nominate the Mad Money Machine for business podcast at PodcastAwards.com.
* You can nominate / submit Podcasts once every 24 hours.
* You can nominate a show for Podcast of the Year or Best Produced, and also submit it to an individual category
* You should not submit the same show in multiple categories with the exception of above.
* Duplicate nominations withing a 24 hour period by the same nominator will result in nominations being thrown out!
Another Trip Home – Mushroom Beach – Jeff Rosiana
Summertime – Brother Love
Runaway Train – Under Feather
Beach 1968 – Paul
Get Together – T. Nile
On The Beach – Dreamweaver
Sleep at the Beach – Dave Mardis
or, if you just can’t possibly deal with that then Play show 27, right now
Kate’s letter: Have I gone to the Dark Side?
Our Guru knows a thing or two about us, the average investor.
Do you love stock predictions? Especially ones where they have a Target Price!
Company
Symbol
Date
Price Then
Target
Peak
Peak Date
June 15th
SCHLUMBERGER
SLB
1/6/2006
$ 53.74
$ 65.00
$ 74.75
5/11/2006
$ 59.03
Lufkin Industries, Inc.
LUFK
1/9/2006
$ 56.29
$ 75.00
$ 71.47
5/10/2006
$ 53.62
Myogen, Inc.
MYOG
1/11/2006
$ 33.86
40 or 50
$ 42.27
3/6/2006
$ 29.58
Saks Incorporated
SKS
1/18/2006
$ 18.01
25 or 30
$ 20.59
5/1/2006
$ 15.86
Ultra Petroleum Corp.
UPL
1/19/2006
$ 66.35
70 then higher
$ 70.00
1/24/2006
$ 52.69
Seagate Technology
STX
1/23/2006
$ 25.57
$ 30.00
$ 28.11
3/3/2006
$ 22.22
Citi Trends, Inc.
CTRN
1/23/2006
$ 40.68
$ 50.00
$ 57.85
5/4/2006
$ 44.78
Grey Wolf, Inc.
GW
1/26/2006
$ 8.51
$ 10.00
$ 8.85
5/11/2006
$ 7.36
NMT Medical, Inc.
NMTI
1/27/2006
$ 17.26
$ 100.00
$ 25.98
2/2/2006
$ 10.52
Crocs, Inc.
CROX
2/15/2006
$ 28.00
$ 35.00
$ 35.73
5/5/2006
$ 23.61
TD Ameritrade Holding Corp.
AMTD
2/16/2006
$ 19.72
$ 22.00
$ 22.88
2/27/2006
$ 15.58
TradeStation Group, Inc.
TRAD
2/16/2006
$ 16.39
$ 20.00
$ 17.58
3/6/2006
$ 12.60
Terex Corporation
TEX
2/16/2006
$ 76.47
$ 80.00
$ 103.00
5/5/2006
$ 85.77
The Gap Inc.
GPS
2/17/2006
$ 18.82
$ 26.00
$ 19.47
2/23/2006
$ 17.58
ViroPharma Incorporated
VPHM
2/28/2006
$ 19.35
30 or 40
$ 19.35
2/28/2006
$ 9.09
American Science & Engineering, Inc.
ASEI
3/1/2006
$ 83.55
$ 100.00
$ 93.86
3/31/2006
$ 55.32
CBIZ Inc.
CBIZ
3/24/2006
$ 7.47
$ 10.00
$ 9.00
5/5/2006
$ 7.23
The Fake IRA(tm)
The high-water mark is 24% per year for 14 years. Can Cramer help us pick stocks to beat the market?
Track The Cramer Speculative Portfolio at the bottom of the Portfolios page. Unofficial!
The AAPCX Fund!
Register and comment with the show’s keyword by midnight Eastern on Friday June 16 to win the book Index Funds: The 12-Step Program For Active Investors by Mark Hebner at Index Funds Advisors
TAKE THE IFA.COM RISK CAPACITY SURVEY!!!
Download the show directly (Good luck Wyoming Trucker!!!) MMM-027.mp3
Music from the Podsafe Music Network:
Runaway Train by Under Feather
Why Am I Still Here by berman
Better Off Dead by moisture fuel
These Days by The Entropy
Piece of Me by moisture fuel
No Tomorrow by Dean Madonia
Guns Save Lives by Infrabuse
Groove IT by Denis Kitchen
Subscribe to the Podcast in iTunes