The Teenage Investor : How to Start Early, Invest Often & Build Wealth - Softcover

Olsen, Timothy

Softcover

ISBN 10: 0071416633 ISBN 13: 9780071416634

Publisher: McGraw-Hill Education, 2003

Synopsis

A Wall Street wiz kid teaches teens all about investing

At the age of 8, when most kids look no further than baseball cards and video games, young Tim Olsen bought his first stock.

Now, with a diverse portfolio in hand, this13-year-old wunderkind has written The Teenage Investor.

Olson explains for teens, Gen-Xers, and their parents how to build wealth in the stock market by starting now. He then outlines a simple, step-by-step program to begin building a lifelong portfolio.

Tim's fresh perspective and wisdom-beyond his-years make The Teenage Investor a welcome relief from the standard "how to get rich" investment book. Writing with knowledge and insight of a market veteran, he tells young and first-time investors:

• How to invest in stocks, bonds, and mutual funds
• Unique wealth-building plans for young investors
• Methods for building a solid investment portfolio at any age

About this title

From the Back Cover

Everything You Need to Know to Launch a Low-Cost Investment Plan--and Get Started Now on Earning Your First Million

Tim Olsen bought his first shares of stock when he was 8 years old. Now, at 13, Olsen is a Wall Street veteran. In The Teenage Investor he explains how you and other teenagers can follow his lead--and start building stock market wealth in your spare time.

Olsen talks about:

• The basics of investing--what stocks and bonds are, where to find them, how to buy them
• How to use the power of your youth to double or more the long-term value of your portfolio
• Index funds--and how millions of investors have used them to become millionaires
• The magic of dollar cost averaging--and how you can get more for less
• How stockbrokers don't get paid unless you trade--and why you don't need them!
• How to use the Web to become smarter about money than your parents or their stockbroker

Teenagers today make more money than ever before. They also, of course, spend more money than ever before. Instead of blowing every last cent you earn, let Tim Olsen show you how to start having some real fun with your money--by starting a low-cost investment account that could be worth $25,000, $30,000, or more by the time you graduate high school!

About the Author

Timothy Olsen is a 13-year-oldinvesting prodigy. He has been published or featured in a variety of networks and publications, including CNBC, Mutual Fund Magazine, REITStreet, Morningstar.com, andJungle.com.

Edition details

• Publisher: McGraw-Hill Education
• Publication date: 2003
• ISBN 10: 0071416633
• ISBN 13: 9780071416634
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 204