My mission is simple, to make you money.

I'm here to level the playing field for all investors.

There's always a loan market somewhere, and I promise to help you find it.

Mad Money starts now.

Hey, I'm Kramer.

Welcome to Mad Money.

Welcome to Kramer, Erica. I'm just trying to save your little money.

My job is not just entertaining you, but to educate. But there's like today in context.

Call me 1-800-743 CNBC. Tweet me at Jim Kramer. You might believe you own a portfolio of totally diversified stocks,

but if you lost a ton of money today, you're probably not as diversified as you think.

That's because high-flying stocks are a category by themselves, regardless of what sector they

belong to.

And with days like today, the high flyers, well, they all get slaughtered.

They fare much worse than the averages.

So after the sell-off, with the Dow lost 41 points, that's been declined 0.43%, and the NASDAX shed 0.47%. I want to prove that you

need to think twice before you pile all of your money into the most volatile stocks out there,

the momentum plays. I mean this, especially for some of you younger investors

who use options and ETFs to make what amounts to bets on these stocks, because I know you

got your clocks clean today. See, you never want to lose a huge amount of money in any one day,

because the real challenge in this business is convincing yourself to stay in the game.

And nothing is more discouraging than seeing everything you own get clobbered.

So let's talk about speculation, inform speculation that can lead to big time investing

...