When Jim Cramer first started investing, he was determined to do it the right way — by researching stocks and getting an edge on that research.
"Where was I going to get that edge? I figured why not read all of the periodicals that covered stocks," the "Mad Money" host said.
When Cramer graduated college, he worked as a reporter covering sports and government in Tallahassee, Florida, where he made $153 a week. While he did not have a lot of money to spare, he did find a way to save in his IRA and began to buy individual stocks for a personal account.