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Growing Money: A Complete Investing Guide for Kids

product pricing
Price: $8.99

Author: Gail Karlitz

Publisher: Price Stern Sloan

Release Date: November 12, 2001

Media: Paperback

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Features

ISBN13: 9780843177022
Condition: NEW
Notes: Brand New from Publisher. No Remainder Mark.

 

Product Description

This newly updated edition of Growing Money answers every question a budding investor might ask: How do you read stock pages? What's the difference between stocks and bonds? Why do stocks go up and down? How can I keep track of investments? Can kids invest?

There has never been a time when the world of finance has been so much a part of kids' daily lives. Today's kids want to know everything about money-especially how to make it grow. This completely updated guide explains savings accounts, bonds, stocks, and even mutual funds! Included are fun quizzes to reveal a young investor's risk tolerance, stories of success and failure, a behind-the-scenes look at the New York Stock Exchange, and best of all, an imaginary fund of dollars to invest, along with suggestions for selecting companies compatible with kids' values. New to this edition are chapters on financial responsibility, true-life tales of other kid investors, and step-by-step instructions of just how to buy stocks. Tell your parents-investing isn't only for grown-ups anymore!
 
Average Rating: 4.5

Product Reviews

Rating: 5 StarsGrowing Money

This was a gift for my granddaughter...the level of success in stimulating her interest in investing is as yet unknown, but the book seems a good start.

Rating: 4 StarsTeens & Money

I liked it - - read most of it before I gave it to my
14 year old grandson. Again, he was more interested
in an XBox and nerf gun - - of course!! He liked the
$25 I gave him but not the $25 I deposited in the savings
account I started for him. Maybe he will sneak and read it
when no one is watching. One can only hope.

Rating: 5 StarsGreat for kids...

I live by the motto if you don't train your kids to survive financially you are training them to live life below standard. This book is a great entry level book. My daughter is doing great in her beginning of what I hope is a life long associations with the financial markets.

Rating: 5 StarsThe Last Chapter is Key to Succcess...

The larger font size implies this book should be for ages eight to around twelve. If you purchase it for ages older than that, my guess is the child will feel like the book is too young for them. That is not to say that teenagers and adults cannot benefit from the information inside. This is a great investment book to begin understanding terms relating to different types of investments.

I like that special attention is given to the word investor itself, describing it as anyone who uses their money to make money. Thus, owning a simple savings account would make you an investor. I think children will be proud to be able to claim, "I am an investor!" Responsibility and financial money management will sneak in as part of the learning package and children will be well on their way to a successful financial future.

There are quizzes and trivia facts throughout the book which make it fun and maintain children's interest. The book goes into detail explaining stocks, mutual funds, and bonds, addresses the fact that personality plays a role in investing, discusses how everyone has a different investment style, what sets a stock price, the bulls and the bears, and more.

The last chapter challenges children to play an investment game. Children pretend they have $10,000 with the objective being to make as much as they can in six months. Charts are provided for tracking stocks and a portfolio value. I hope parents or teachers actually take the time to complete this last part with their children as nothing beats hands on experience.

Rating: 5 StarsGrowing Money

This is a great book written so kids can easily understand it and get them started on the road to investing, saving, and money management. I presented it to my grandchildren with their first shares of stock.

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