“It looks like a good time to buy Beanie Babies” says Jim Cramer and kooky old woman with lots of Beanie Babies
BEANIE MANIA– Investment guru Jim Cramer made the bold prediction during his mad money segment on cable TV: “Everyone is focused right now on stocks, bonds, cryptocurrencies… let me tell you something, they’re all TRASH! With the record low-interest rates and economic stimulus, I can’t believe no one is looking at beanie baby valuations. Beanie mania is about to happen and everyone needs to get in on the ground floor cause this elevator ain’t gonna wait long. Beanie Babies. Buy. Them. NOW!”
Kooky old Mrs Nesbit who always keeps a few beanies stored away incase her grandkids come to visit backed up Cramer and also rated the beanies as a buy at any price.
It’s been about 20 years since the last beanie boom, time will tell if the bold prediction comes true.
DISCLAIMER
This does not constitute financial advice, beanie babies are a high-risk investment, the author does not own any beanie babies. Consult a lawyer and then a doctor.