Someone on Reddit just shared a brutal story about how following Jim Cramer's advice basically wiped out their retirement plans for an entire decade.

Back in 2000, right when the dot-com bubble was at its absolute peak, Cramer dropped his famous list of "10 stocks to own for the future." This person bought in, trusting the hype.

What happened next? Those picks didn't just underperform—they crashed so hard and so fast that it fundamentally altered this person's financial trajectory. We're talking about a decade of their retirement timeline just... gone.

The timing couldn't have been worse. Buying at the top of one of history's most notorious bubbles meant watching portfolio values evaporate in real-time. And the recovery? That took years of rebuilding from scratch.

It's a stark reminder that even prominent financial media personalities can get it spectacularly wrong, especially during market euphoria. The lesson here isn't subtle: celebrity stock tips during bubble peaks can cost you way more than money—they can cost you time you'll never get back.

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SorryRugPulled

· 6h ago

Wow, Cramer really makes a living off Reverse Indicators... Following celebrities to trade stocks is like betting on their character, and in the end, all character is lost. This guy's ten years just went down the drain, thinking about it is just despair. Bubble top buy the dip? That's really not thinking straight. So now we all just check what Cramer is doing in reverse and do the opposite. This story sounds just like my nightmare from two years ago... Cramer: I'm just here to collect the IQ tax. Ten years of time for a lesson, is that expensive or cheap? Celebrity endorsements are the most dangerous, especially when the market is good and their mouths are the most reckless.

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ExpectationFarmer

· 6h ago

Cramer that old guy... really is a suckers harvesting machine, back then we should have been wary of this kind of person's "must-rise list". Hearing this story makes me feel sorry for that dude, ten years gone, this business... how desperate must it be. The dot-com wave was indeed tragic, but speaking of which, who hasn't been fooled before? The key is not to always follow the crowd. That's why I never trust any celebrity recommendations, 99% are just bragging after the fact. Ten years of life time, that's even more heartbreaking than losing money... so timing really is everything.

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VitalikFanboy42

· 6h ago

Cramer is really just a joke; his ten-year retirement plan vanished just like that... it's a bit ridiculous. Following the big V's stock advice = suicidal investment; this lesson can only be learned by paying a high price. Those people from 2000 were really unfortunate; listening to Cramer left them questioning their lives. Copying homework at the bubble peak costs the most; it's not about the money, it's that time can't be returned. So you still have to do your own research and not believe everything that media people say.

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SybilSlayer

· 6h ago

That's why I never touch stocks recommended by celebrities, especially Cramer's trap... Ten years, a whole decade just gone like that. Even dogs don't believe the stock reviews during the bubble period, wake up everyone. Buying at the peak = losing time, this tuition fee is too expensive. Cramer's mouth really does a lot of harm, and there are still people following him. Time cost is the most terrifying, money can be earned back, but youth cannot. So I have a strategy now: the more celebrities hype a stock, the less I touch it. This guy is really miserable, ten years wasted... If I were him, I would have broken down long ago. Listening to stock reviews at the peak of the bubble = suicidal investing, nothing good to say. The Cramer effect is just a mirror to expose who gets tricked and who is unlucky.

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TokenomicsDetective

· 6h ago

Haha, that guy Cramer is really something, ten years of hard work just gone like that... That's why I never touch stocks recommended by celebrities. This story needs to be shared so more suckers can see how dangerous following the trend can be. Honestly, chasing the price at a bubble top is like suicide, no matter how big the name. Cramer: Am I here to be funny? In the end, he really went bankrupt, haha. That guy must be furious, ten years just like this... it's too absurd. Chasing the price in a bubble is like throwing money into a fire, this lesson is too costly. This story is a living, breathing counterexample. Cramer's list? I see it as a death list. Making such decisions really requires calmness, one thought can ruin ten years. Celebrity recommendations = catching a falling knife at a high position, this rule never goes out of style.

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SatoshiChallenger

· 6h ago

Ironically, the lesson from the year 2000 is still alive today, and people are still doing the same stupid things, just swapping out celebrities and coin names. Wait, did this guy really put all his retirement savings on Cramer's recommendations? Data shows that the liquidation rate of retail investors following trends that year exceeded 70%. I'm not saying it, but anyone with a bit of common sense should know the consequences of chasing hot trends. Interestingly, market irrationality has never changed; it just got a new name called "Consensus". The cost of time is the harshest; money can be earned back, but ten years lost is just gone, something most people can't grasp. Not to be cynical, but anyone who has reviewed historical cycles should understand— the voices at the top of a bubble are always the loudest.

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