The world of investments can be both confusing and intimidating, but A Teen Guide to Buying Mutual Funds clearly explains what mutual funds are, how they work, and how to begin using them as an investment tool. Learn about the types of mutual funds and the pros and cons of mutual fund investments. Find practical advice, including how to develop a financial plan and how to read a mutual fund prospectus, along with a list of twenty popular mutual fund companies and contact information. It's never too early to be thinking about investments, and A Teen Guide to Buying Mutual Funds informs and guides the teen investor every step of the way.

Publisher Description

An easy-to-understand guide for teaching teens and parents the principles on how to invest in stocks, mutual funds, IRAs and more.

If you start early enough, you only need to invest $125 per month to become a millionaire. A step-by-step roadmap to getting in the stock market now!

Teen investors have powerful advantages over the rest of us. Many are whizzes at financial research on the Internet. They’re quick to master online stock trading. According to an August 2000 Wall Street Journal article, today more young Americans own investments than ever before, with 35 percent of eighth through twelfth graders owning stock or bonds, usually in a parent’s name, while about one-fifth own mutual funds. 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. Street Wise provides exactly what they want.

A guide to personal finance for teenagers that covers savings, earnings, credit cards, investing, taxes, and other related topics.

“Teen Investment Handbook: Guide to Navigating Wealth and Success for Teenagers” Unlock the secrets to financial success with this essential guide tailored for the next generation of investors! Whether you’re a high school student, a college freshman, or just entering the world of finance, this book is your golden ticket to a future of wealth and independence. Demystify the World of Investing: Learn the ins and outs of stocks, bonds, and mutual funds. Master Money Management: From budgeting basics to advanced savings strategies, take control of your finances. Harness the Power of Compound Interest: Discover how small investments can grow into fortunes. Navigate the Global Economy: Gain insights into how worldwide events can impact your personal wealth. Embrace Socially Responsible Investing: Align your investments with your values for a better world. Learn from Real-Life Stories: Get inspired by interviews with successful teen investors. Build a Diverse Portfolio: Understand the importance of diversification to minimize risks. Seek Mentorship: Find out how mentors can accelerate your journey to financial savvy. Plan for the Future: Set yourself up for long-term growth and financial freedom. This handbook is more than just a book; it’s a lifestyle change. Equip yourself with the knowledge to make smart financial choices and watch as doors open to a world of opportunities. Say goodbye to confusion about finances and hello to a confident, economically savvy future. Join the ranks of informed teen investors who are setting themselves up for a lifetime of success. Your journey starts here!