Newbie investors beware. MadMoneyOnCNBC's jimcramer says new investors riding the recent tech highs should learn from 2000's woes.
, saying the only way to make money after the market's robust rally from coronavirus-era lows was to "take something off the table.", seeing the big sell-off in late February and into March as a buying opportunity.
"We didn't scream 'sell' enough in 2000. We can't do that now," Cramer said. "You should've sold then and therefore, maybe you should have sold now."Cramer said people who made fortunes on paper by investing in hot tech stocks during the dot-com boom saw their gains disappear when the market sold off.
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