Product Description

From the personal-finance duo Fortune magazine called "funny, smart, cynical, opinionated" comes savvy financial advice for today's street-smart young investors.

The Motley Fool has made investing fun and easy for millions of people. Now, it custom designs its wit and wisdom for today's money-savvy teens.

The Motley Fool Investment Guide for Teens helps teens stand out from the ho-hum mutual-fund crowd, build a portfolio of stocks they can actually care about, and take advantage of the investor's best friend -- time -- to watch their profits multiply.

Product Details

• Amazon Sales Rank: #12376 in Books
• Published on: 2002-08-06
• Original language: English
• Number of items: 1
• Binding: Paperback
• 256 pages

Features

• ISBN13: 9780743229968
• Condition: NEW
• Notes: Brand New from Publisher. No Remainder Mark.
• Click here to view our Condition Guide and Shipping Prices

Amazon.com Review
In a wise and witty manner, brothers David and Tom Gardner, founders of the multimedia investment company The Motley Fool, impart their investment strategies to the adolescent masses with The Motley Fool Investment Guide for Teens. In eight teen-friendly sections, the brothers Gardner and writing partner Selena Maranjian demystify the stock market by describing and defining mutual funds, banking practices, IRAs, and drip investing. The authors also include numerous quotes from money-savvy adolescents who detail some of their rookie market moves in an attempt to help their peers steer clear of similar mistakes. Parents will approve of the strongly worded sections on credit card debt and the costly financial and physical tolls a smoking habit takes on both wallet and health. In fact, parents would do well to pick up this investment primer for their own edification, if they find the stock market a confusing and chaotic business. Loaded with worksheets, helpful Web sites on a variety of financial subjects, a concise glossary, and a comprehensive index, this is one investment guide that both generations can and will turn to again and again.

Traditionally, teens have been known for having a hard time seeing the proverbial Big Picture. But the Gardners respond admirably to this characteristic, by constantly emphasizing the fortune teens can make in the future by investing now and reminding them that investing money is the least labor-intensive way to make more of the desirable green stuff. A perfect gift for the burgeoning Warren Buffet in your life. (Ages 12 and older) --Jennifer Hubert

From Publishers Weekly
Budding tycoons and those with more worldly concerns will appreciate The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money than Your Parents Ever Dreamed Of by David and Tom Gardner with Selena Maranjian. The editors of the Motley Fool Web site offer sound advice on everything from finding a job, investing in the stock market and avoiding financial pitfalls. "Take It from Me" and "Keep in Mind" sidebars offer brief advice from peers and the authors, respectively. Ages 12-up.
Copyright 2002 Cahners Business Information, Inc.

From School Library Journal
Grade 9 Up-The authors create plenty of appeal to teens with many references to current popular culture and a generally irreverent, sometimes self-mocking tone. All the while they dispense some decidedly old-fashioned advice: set goals, save, take advantage of compound interest by beginning young, etc. Organizing their advice into eight steps, they promise substantial rewards for following it, along with the dictates of common sense. For example, in step four, "Avoid Financial Blunders," they advise readers to refrain from smoking, gambling (including the lottery), get-rich-quick schemes, and "poor purchase decisions," but devote half the pages to the biggest problem affluent teens face, the "Credit Card Death Spiral." They do promote their own Web-based service, which readers can try out for free. With so many competing books on the market, the Gardners are wise to rely on their strengths: their well-known and well-established name in the investment-advice industry and their insouciant attitude. They provide more in-depth advice, in more attractive and effective language, than the standard works, such as Jay Liebowitz's Wall Street Wizard (S & S, 2000).
Jonathan Betz-Zall, City University Library, Everett, WA
Copyright 2002 Cahners Business Information, Inc.

Customer Reviews

A book they will read
Although it contains some information that my daughter thought was unrealistic, like the amount she should be able to save each week, she thought the book had some great ideas. I especially liked that they didn't talk down to the teenagers yet told them about the true financial cost of smoking, the good use of credit cards, ATMS and the fiancial mistakes many people make. A good book that tells it to them straight in a format that they will read.

Great intro financial / investing book for **everyone**
I only skimmed this book (after all, I own almost all the other TMF books!), but I think this book is by far one of the best financial books for **any** new investor, regardless of age. While other books may have more content, this is one of the most approachable financial and investing books I've read. (Plus, its worksheets **force** you practice what you read!) Readable by adults, too!

This book is the beginning of your future
I am in college. I guess I got this information kind of late. I actually started my first job way later than other kids.

I think this book inspired me to save and invest in my future. I did not know a freaking thing about investing till this came along. The thing I found most suprising was that you don't need any knowlege of the stock market to come out ahead. They make it so simple...and its life changing. I recommend this book if you want to be able to survive comfortabley when your retired.
Start saving and investing now! buy the book.