A successful investor is one who is an excellent researcher. So, we can say that a prerequisite of becoming a good investor is to excel in your research skills. However, many investors are doing the investing business as a side-gig. Therefore, they are getting no or less time to conduct research before making the financial decisions about investing.
At the same time, there is too much information coming every second of the day. Financial advisory publications and newsletters are a great way to keep up with the pace of changing dynamics and incoming information from the markets. But it is also tough to decide which platform you should stick to.
Jim Cramer’s Mad Money, Real Money, and Thestreet.Com have been great successes for him and for his followers. In today’s article, we will review if Jim Cramer’s subscription is worth it for you to make sound financial decisions when investing in different stocks. This article will give you answers to every question you have in your mind about Jim Cramer’s The Street subscription. So let’s get into it.
What Is Thestreet.com?
The Street is a joint venture of Jim Cramer with his client and former Harvard faculty, Martin Peretz. Jim Cramer has a lot more on his credit to contribute to personal finance, investing, and stock trading.
The Street was founded in 1996, and soon, it became a reputable financial advice and analysis website. According to some stats, the company where Cramer is the second-largest shareholder reached a market capitalization of $1.7 billion.
The company was acquired by Maven by buying all publicly traded stocks in 2019. However, most parts of the website are managed by Jim Cramer and his team. The website has gained a lot of popularity among the masses regarding analysis and tips on stock investment and trading.
A Brief Introduction Of Jim Cramer
Sure enough, The Street Inc. is offering some of the authentic information, tips, and advice on stock investment, trading, and other financial aspects in your personal and corporate life. But credit must be given where it’s due. So let’s talk a little about the man behind a web of The Street Inc., Jim Cramer.
Jim Cramer was born to an entrepreneur father and an artist mother. He spent his early life days in Pennsylvania. He graduated magna cum laude from Havard University. However, his poor financial condition and economic instability led him to start working as a reporter. Even he had to spend some time living in his car.
He turned back to Harvard to get his degree in law,h but by the time of graduation, he developed a love for finance. He got too much into finance because of the access to the then-newly-launched Financial News Network, CNBC. He pursued his passion for finance and investments, which led him to secure a position at the Securities Sales Department of Goldman Sachs.
After three years of experience, he launched his own hedge fund in 1987. Since then, he never looked back and made thousands of dollars by what he calls ‘helping individuals and institutions manage their money.’
In 1996, Jim Cramer co-founded The Street Inc., a financial analysis website. In 2000, he took retirement from his hedge fund, and he started to branch out to other media like books and radio. He wrote many books on finance and stock investments.
The year 2005 marked the start of his new journey at CNBC by hosting Mad Money’s hour-long show. Since then, he has been helping individuals and small institutions manage their investments and money. Throughout his journey, he made many predictions that made him earn money as well as his followers capitalized on his tips and advice.
Street Inc. also served as a launched pad for Jim Cramer’s subscription named as ‘Jim Cramer’s Action Plus.’ We will be mainly talking about this subscription in the later parts of the article.
What Does It Offer?
Thestreet.com is not offering just one service, but it is a comprehensive website covering almost every topic related to finance. The website covers you whether it is a personal finance, cryptocurrency, investment, hedge funds, stock markets, other forms of investment markets, or retirement plans.
We can breakdown the information and tips given for the subscribers and readers on The Street’s website as follow:
The investment section on the website is full of information from investing in fixed-income funds, futures, options, cannabis, index funds, cryptocurrency, bond funds, mutual funds to ETFs, and other forms of investments. You get ratings of different funds and stocks, market signals, action plans, and a lot more to back your investment decisions.
Personal finance is probably the most ignored part of our daily routines and life plans. At the same time, it is the most critical part that determines our success and stress-free life. Therefore, you can get advice, tips, and a lot of useful information on personal finance. It includes debt management, credit card management, maintaining funds for different expenses, employee benefits, mortgages, insurance, real estate, savings, taxes, etc.
Have you already planned your retirement? How will your life be once you let go of your monthly paycheque?
If not, you should start planning your retirement from today. Because one day or the other, you have to take retirement. The Street, Inc., content, and advice from experts can help you make the process even more smooth for you. You can get content and information on topics like estate planning, IRAS, social security, 401K, etc., to make a backup plan for your retirement.
Finance and technology are closely bound into a mesh nowadays. All the financial tools and solutions are backed by a strong technology foundation. Besides, investing in technology projects can make you rich over a matter of a few months or years. Therefore, you must be updated about the latest happenings in the technology industry. Cybersecurity is one concept that is very vital in the world of finance. So, you can get a plethora of information on keeping your cyberspace secure.
From commodity markets to bonds, real estate to IPOs, corporate governance, regulations, market holidays, emerging markets, bankruptcies, mergers, and acquisitions, you get everything here.
Action Alert Plus
Action Alert Plus is a premium service that you can capitalize on and grow your investment portfolio. Jim Cramer gives you advice and tips on investing. Above all, you get clear fundamental and technical analysis curated by financial experts that can let you elevate your investing skills and master any market.
Economonitor is a service introduced by the acquisition of the company by Mavens. This service is all about the economic and financial news from all over the world. You can sort the markets you’re most interested in and get the information that matters to you the most.
Subscription Plans And Pricing
Of course, our main focus is Jim Cramer’s Action Alert Plus, but the platform offers many other premium subscriptions. Let’s just skim through all of the subscriptions and plans.
With the support of a 30-members investing enthusiast, you get practical ideas, action plans, and in-depth market analysis to become a smart investor. The data and analysis are continuously updated, so you don’t miss anything. The best thing is that you can capitalize on the opportunity of a 14-days free trial before you actually pay for the subscription.
Real Money Pro
Total market coverage, investing ideas, investing strategies, buying and selling signals, technical analysis, and a lot more from experts are part of the subscription plan. And, of course, you can try it for free before actually paying for the service.
Stocks Under $10
You get access to stocks under the $10 portfolio 24/7, trade alerts, buying and selling signals, advice from experts, and other perks.
The Street Quant Ratings
‘TheStreet’s proprietary quantitative and algorithmic stock-rating service. Quickly uncover the winners you should buy and losers you should sell immediately.’
There are many other subscriptions as well that includes the following:
- Trifecta Stocks
- Top Stocks
- Retirement Daily
- The Street Crypto Investor
Chairman’s Club is the premium membership that opens your access to all services, including:
- Alerts Plus
- Real Money
- Real Money Pro
- Top Stocks
- Trifecta Stocks
- Quant Ratings
- Stocks Under $10
Jim Cramer’s Action Alerts PLUS subscription includes one-to-one counseling for investments in different stocks. It also includes unique features like conference calls with Jim Cramer.
You also get access to Jim Cramer’s portfolio that you can follow and earn a return on your stocks. Jim Cramer’s Action Alerts Plus offers three subscription plans that you can avail of. The monthly membership is $29.99 per month if you choose to bill every month. If you choose annual billing, the monthly costs are lowered to $25 per month. Above all, 14-days free trial provides you an opportunity to have insight into actual offerings.
Pros Of Jim Cramer’s Subscription
- An exclusive premium stock investment strategy is offered
- Your investment decisions and stock picks are backed by in-depth technical analysis
- You can get a 14-day free trial to get along with the service
- Conference call with Jim Cramer and his portfolio to replicate in your investment
Cons Of Jim Cramer’s Subscription
- The price of Jim Cramer’s subscription is on the higher side.
- High commission fees have to be paid
- No direction on placing stop losses on different stock positions
Action Alerts Plus is a great subscription for value-driven investors. Whether you are a short-term investor or interested in long-term positions, you can capitalize on the knowledge and information offered by Jim Cramer’s Action Alert Plus. The investors who have the know-how of markets but are not well-versed to perform technical analysis can also rely on Jim Cramer’s subscription’s signals and valuable insights. In short, Jim Cramer’s subscription is indeed worth spending money.