Jim Cramer: Time to get out of stocks
Jim Cramer: Time to get out of the stock market
Financial guru warns that investments could lose 20 percent of their value
Cramer: Stock market too risky
Oct. 6: TODAY’s Ann Curry talks to CNBC’s Jim Cramer, who advises pulling out of the stock market if you are going to need your assets in the next five years.
A look at who is benefiting and who is suffering from the economic mess
By Michael Inbar
TODAYShow.com contributor
updated 7:16 a.m. MT, Mon., Oct. 6, 2008
Bullish investors should turn into shrinking violets as the stock market continues its shocking downward spiral, CNBC’s “Mad Money” host Jim Cramer told Ann Curry on TODAY Monday.
In what Curry called a “dramatic statement,” Cramer emphatically urged any investor who has money they may need in the next five years tied to stocks to pull their dough out.
“I thought about this all weekend,” Cramer told Curry. “I do not want to say these things on TV.
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