Mad Cash: A First Timer's Guide to Investing $30 to $3000 [Paperback]

Emmanuel Modu (Author), Andrea Walker (Author)

Book Description

Publication Date: August 5, 2003

Emmanuel Modu and Andrea Walker know their business. As the authors of TeenVestor® and the creators of Teenvestor.com, they're now sharing their advice in a book that explains when, where, how, and in what, to invest. For young, beginning, and hesitant investors, this invaluable resources offers advice on:

€ College savings, mutual funds, stocks and investment clubs
€ CDs, U.S. Savings Bonds, and IRAs
€ Avoiding scams and recognizing common investment risks
€ Requirements for Direct Investment Plans-from American Express to Wal-Mart
€ Tax--advantaged investment options

Editorial Reviews

From Publishers Weekly

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.

About the Author

Emmanuel Modu is a former vice president at J.P. Morgan Chase and Citibank, and the currently an executive for A.M. Best.

Andrea Walker is an attorney. 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. They are the authors of The Lemonade Stand: A Guide to Encouraging the Entrepreneur in Your Child, and TeenVestor®. The authors are married.

Product Details

• Reading level: Ages 13 and up
  
• Paperback: 240 pages
• Publisher: Perigee Trade; 1 edition (August 5, 2003)
• Language: English
• ISBN-10: 0399528962
• ISBN-13: 978-0399528965
• Product Dimensions: 9 x 6.4 x 0.6 inches
• Shipping Weight: 9.1 ounces
• Amazon Best Sellers Rank: #2,745,561 in Books (See Top 100 in Books)

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