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The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of (Motley Fool)
The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of (Motley Fool)
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David Gardner, Tom Gardner, Selena Maranjian
List Price: $14.95
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Product Details

  • Author: David Gardner, Tom Gardner, Selena Maranjian
  • Binding: Paperback
  • Dewey Decimal Number: 332.60835
  • EAN: 9780743229968
  • Format: Illustrated
  • ISBN: 0743229967
  • Label: Fireside
  • Manufacturer: Fireside
  • Number of Items: 1
  • Number of Pages: 256
  • Product Group: Book
  • Publication Date: 2002-08-06
  • Publisher: Fireside
  • Reading Level: Young Adult
  • Studio: Fireside
  • Title: The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of (Motley Fool)
Avg Customer Rating: 5 stars

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.

  • Strike a blow for financial independence. The Fool shows you how to:

  • Question authority when it comes to managing your money

  • Save cash (for investing, for college...and, yes, even for having fun!)

  • Dodge the spending and saving pitfalls that trap so many adults

  • Get started investing -- online and off -- with just a few dollars

  • Discover up-and-coming businesses that could become future blue chips

Warning: this is not your parents' money guide! From identifying companies that are both cool and profitable to building a portfolio that makes tracking investments exciting, The Motley Fool Investment Guide for Teens shows young investors the way to financial freedom.


Customer Reviews


5 stars Even if you're in your 30s
I'm turning 38 next year, and I humbly admit that the whole idea of saving and investing only sank in a couple of years ago (this was when I made my first mutual fund investment, out of impulse!). I've learned about the Beauty of Compounding a long time ago, but I guess my brain wasn't wired enough to see its real-life application. I've had good jobs, and have made good income on the side, but I have never thought of consciously putting at least a dollar away for my future.

Then this book came up from the bargain bin of a local bookstore, and priced at half its retail amount. To me, however, it's been a lifesaver. I am far from being a teenager, but "The Motley Fool Investment Guide for Teens" contained all the basic information I needed when it came to the nuts and bolts of investing. All the way from saving that first dollar to trying out the stock market--it's all in the book. And the Gardners' writing style is casual and careful enough so as not to overwhelm.

It's not really 8 steps as the book cover presents. The first 8 go from saving and earning extra money all the way up to investing in funds, plus encouraging readers to form their own little "investment education groups." (A great way to spend weekend afternoons with friends--learn about investing instead of huddling around the videogame console.)

The additional steps in the book tackle the stock market, for those who want greater risk and potentially greater returns. Steps 9 to 15 cover choosing the right companies, the basics of looking through financial reports, how to monitor the bourses, and managing the portfolio.

Thanks to this book, I can more confidently begin my journey to a comfortable retirement--at 55!

(Oh, and let the teens read it, too.)


5 stars Written for the Teen Investor!
This is an excellent first book to give a teen who is not sure about investing as a good place to put his or her money. It is written with teens in mind and has tons of real-world examples to which teens can relate. It is a good start to get teens exciting about making their money work for them. I got it for my 16-year-old nephew who was skeptical, but is on board with taking control of his own financial future.


5 stars Good Book For All Ages
This book has reinforced what I have been preaching to my 17 year old for years......1) save and invest your money early, 2)live within your means as you get started in life (used vs new car), 3) attend the local university (keep student loans to minimum) and 4) practice a healthy lifestyle and you will soon learn that by the time you are 30 you will have more financial freedom and less debt than 90% of Americans.

I wish I had been taught the discipline for the first two items as it wasn't until age 40 that I reached financial freedom. Fortunately for him, he is a believer after reading this book. Maybe along the way he will guide others in the right direction.


5 stars The Best Way to Enjoy Finance & Economics
This books gives the true value of savings: a life worth dreamings about and investments we make for it to see it happen. This is a sweet and funny little book that makes money look exciting as a tool and token. I see this book as the clues to playing a cool video game. (More, like the hint book.) It's so casual that you think your reading Reader's Digest. You never feel confused! Math teacher's, parents, middle schoolers, high school students, college students, retirees: you'll love this book.


4 stars Yes, a good money book for teens, but the voice is annoying.
This book will basically focus on the way the stock market works and how to invest in it. It also tells you how much you can save in the future. It is the meat of the book when it comes to the stock market, but the book will also teach you the cost of bad habits such as smoking and the upsides of credit cards if used right. The book teaches you how to get your money's worth in the bank, teaching you everything from how they make money to what a cd is. The worst thing about this book that annoyed me so much, I took off a point, was that they try to write the book in a type of slang format. Going from saying the word dawg and writing rock lyrics about the book. This is very annoying, but the tips this book gives are just too valuble to detour you alway.

I recommend it to anyone of any age.