The Teenage Investor : How to Start Early, Invest Often & Build Wealth
Everything You Need to Know to Launch a Low-Cost Investment Plan--and Get StartedNowon Earning Your First MillionTim Olsen bought his first shares of stock when he was 8 years old. Now, at 13, Olsen is a Wall Street veteran. InThe Teenage Investorhe explains how you andother 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 themHow to use the power of your youth to doubleor morethe long-term value of your portfolioIndex funds--and how millions of investors have used them to become millionairesThe magic of dollar cost averaging--and how you can get more for lessHow 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 parentsortheir stockbrokerTeenagers 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 Olsenshow you how to start having somerealfun 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!