Jim Cramer Blames Overseas Market for Massive Stock Selloff, Advises Investors to Avoid Greed

CNBC Host Attributes Plunge to Global Events

Cramer Urges Caution in Investing Strategies

In a CNBC broadcast, renowned financial expert Jim Cramer attributed the substantial stock selloff that occurred at the market's open on Monday to global economic events.

In light of this, Cramer advises investors to exercise caution and resist the temptation to engage in excessive risk-taking.

As part of CNBC's Investing Club, Cramer offers exclusive access to his top 10 stock recommendations, trade alerts, and insights into his charitable trust's investment strategy.

During his latest broadcast, Cramer specifically cautioned investors against being overly greedy and urged them to avoid "ringing the register" too early when booking profits.