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Synopsis
Shares advice for novice investors on how, when, where, and in what to invest, discussing the risks and benefits of CDs, U.S. savings bonds, IRAs, educational savings, mutual funds, investment clubs, and other savings options.
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About the Author
Emmanuel Modu is a vice president at a major bank in New York City, a former Citibank vice president and Merrill Lynch senior treasury analyst. His work has been featured in such publications as Forbes, Investor’s Business Daily, The New York Daily News, The Newark Star Ledger, Morningstar.com, and BusinessWeek Online. He is the author of The Lemonade Stand: A Guide to Encouraging the Entrepreneur in Your Child. Emmanuel holds an MBA from the University of Pennsylvania’s Wharton School and a BS from Princeton University. Emmanuel and Andrea Walker are married and live in New Jersey. They are the founders of the teen investment website www.teenvestor.com.
Andrea Walker is an attorney in New Jersey. She is a graduate of Princeton University, The George Washington University Law School, and Seton Hall Law School. Andrea has appeared on CNN, CNET TV and other national television and radio stations. Emmanuel Modu and Andrea are married and live in New Jersey.
Andrea Walker is an attorney in New Jersey. She is a graduate of Princeton University, The George Washington University Law School, and Seton Hall Law School. Andrea has appeared on CNN, CNET TV and other national television and radio stations. Emmanuel Modu and Andrea are married and live in New Jersey.
Reviews
For as little as $30, anyone can try their hand at investing, say Teenvestor authors Modu and Walker. Building on their previous book, the husband and wife team (he's a former v-p at J.P. Morgan Chase and Citibank, and she's an attorney) explains the basics-and some advanced techniques-of investing money in money market accounts, stocks, mutual funds and more. Targeted at the under-18 investor, Modu and Walker's advice is appropriately youth-oriented. For example, the section on goals asks readers if they're investing to save for a college education or a new car, or if they want to have "$100,00 by age 33." A chapter on savings distinguishes between "plain-vanilla savings" (e.g., savings and checking accounts) and "spiced up" savings, such as CDs. Throughout, the authors explain concepts like index shares and profit margins and include worksheets and sidebars listing Web sites to help the younger set manage their finances.
Copyright 2003 Reed Business Information, Inc.
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Mad Cash A First Timers Guide
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Mad Cash: A First Timer's Guide to Investing $30 to $3000
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Mad Cash: A First Timer's Guide to Investing $30 to $3000
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Mad Cash: A First Timer's Guide to Investing $30 to $3000
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