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

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

by TimothyOlsen (Author)

Synopsis

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!

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More Information

Format: Paperback
Pages: 204
Publisher: McGraw-Hill Professional
Published: 01 Aug 2003

ISBN 10: 0071416633
ISBN 13: 9780071416634

Author Bio
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.