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Street Wise: A Guide for Teen Investors

Author: Janet Bamford

Publisher: Bloomberg Press

Media: Paperback

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Product Description

Move over rock 'n roll-- teens are playing the markets as never before! Teen investors have powerful advantages over the rest of us. Many are whizzes at financial research on the Internet. They're quick to master discount stock trading online. Already, an estimated million kids are actively involved in the stock market. Often these teenage investors have amassed substantial nest eggs--even before they've finished high school. Although teen investors need adult cosigners for their brokerage and mutual fund custodial accounts, it's not unusual for them to be the driving force behind their parents' and relatives' investment decisions. Now teens have another leg up--a book that explains the successes and investment strategies of real-life teen investors, along with the wisdom of Wall Street pros, and tips on how to make the most of the Web. The popularity of stock-picking contests and high school investment clubs--along with successful marketing vehicles, such as Stein Roe's Young Investors Fund--have created a growing demand for investment information focused on teens, written for teens. This book provides exactly what they want.

Everything Teens Need to Know:
* Nuts and bolts of how to buy stocks and mutual funds
* Sidebars, factoids, lists, quizzes
* Stock market games sponsored by CNBC and Salomon Smith Barney
* Teen investor success stories
* Tips about online research sites
* Career opportunities in the investment world

 
Average Rating: 4.5

Product Reviews

Rating: 5 StarsStreetwise - guide for teen

Very easy to understand - I bought this for my 15 year old and I am reading it!! I actually get it now!

Rating: 3 StarsA Little Too Boring for Teens . . .

This book has all the nuts and bolts, but it is a little too boring to keep the attention of my 16-year-old nephew. I also got him the Motley Fool Guide to Teen Investing which was much more interesting. This Street Wise book is a little too much like homework. If you're trying to get the teen exciting about investing and its possibilities, the Motley Fool book is a better choice in my opinion. Both books together make a solid start to an investing library for teens.

Rating: 5 StarsExcellent resource

I started looking into investing and the stock market a year or so ago when I realized I had enough money to start investing long-term. I tried a couple different books, but they all seemed too childish or too confusing. I found Street Wise at the library, and even before I had finished reading it I ordered my own copy. The whole book is very well-organized and kept me very interested all the way through.

Although teens as young as thirteen or fourteen would find the material age-appropriate, I would consider this book a valuable resource for adults as well. In "Street Wise," Bamford describes:
1. The value of compound interest for young investors
2. The basics of how the stock market operates
3. How investors actually buy and sell stocks
4. The advantages and disadvantages of funds
5. How to cope when the market is down
6. Many investing resources, including clubs, trading games, and helpful websites.

Speaking as a teenager, I would highly recommend this book to any young adult who wants to start investing!

Rating: 5 StarsA must for all teenagers!

This is an excellent introduction to the stock market for teenagers. The book is directed towards teenagers and accomplishes it's goal well. All teenagers should read this book to gain a starting knowledge of the American Stockmarket.
The book teaches stock vocabulary, trading tips, how to start, risk and rewards, and many other topics. But, this book is definitely an introduction - if you have a good knowledge of the stock market already, this might not be for you.

Rating: 5 StarsAwesome!

This book was a great introduction to the Stock Market for me. It was simple and easy to read. It was also interesting. I highly recommend this book.

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