The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of [Paperback]

David Gardner (Author), Tom Gardner (Author), Selena Maranjian (Author)

Book Description

Series: Motley Fool | Publication Date: July 16, 2002

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.

Editorial Reviews

Amazon.com Review

In a wise and witty manner, brothers David and Tom Gardner, founders of the multimedia investment company The Motley Fool, impart their investment strategies to the adolescent masses with The Motley Fool Investment Guide for Teens. In eight teen-friendly sections, the brothers Gardner and writing partner Selena Maranjian demystify the stock market by describing and defining mutual funds, banking practices, IRAs, and drip investing. The authors also include numerous quotes from money-savvy adolescents who detail some of their rookie market moves in an attempt to help their peers steer clear of similar mistakes. Parents will approve of the strongly worded sections on credit card debt and the costly financial and physical tolls a smoking habit takes on both wallet and health. In fact, parents would do well to pick up this investment primer for their own edification, if they find the stock market a confusing and chaotic business. Loaded with worksheets, helpful Web sites on a variety of financial subjects, a concise glossary, and a comprehensive index, this is one investment guide that both generations can and will turn to again and again.

Traditionally, teens have been known for having a hard time seeing the proverbial Big Picture. But the Gardners respond admirably to this characteristic, by constantly emphasizing the fortune teens can make in the future by investing now and reminding them that investing money is the least labor-intensive way to make more of the desirable green stuff. A perfect gift for the burgeoning Warren Buffet in your life. (Ages 12 and older) --Jennifer Hubert

From Publishers Weekly

Budding tycoons and those with more worldly concerns will appreciate The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money than Your Parents Ever Dreamed Of by David and Tom Gardner with Selena Maranjian. The editors of the Motley Fool Web site offer sound advice on everything from finding a job, investing in the stock market and avoiding financial pitfalls. "Take It from Me" and "Keep in Mind" sidebars offer brief advice from peers and the authors, respectively. Ages 12-up.
Copyright 2002 Cahners Business Information, Inc.

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Product Details

• Paperback: 256 pages
• Publisher: Touchstone; Original edition (July 16, 2002)
• Language: English
• ISBN-10: 0743229967
• ISBN-13: 978-0743229968
• Product Dimensions: 8.4 x 5.5 x 0.6 inches
• Shipping Weight: 9.6 ounces (View shipping rates and policies)
• Average Customer Review: 4.6 out of 5 stars  See all reviews (27 customer reviews)
• Amazon Best Sellers Rank: #25,815 in Books (See Top 100 in Books)
  • #71 in Books > Teens > Education & Reference

Customer Reviews

Most Helpful Customer Reviews

47 of 47 people found the following review helpful:

5.0 out of 5 stars A book they will read, June 18, 2004

By 

Mom/Nurse Ann "bookmaster-10" (LIVONIA, MI USA) - See all my reviews

Amazon Verified Purchase

This review is from: The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of (Paperback)

Although it contains some information that my daughter thought was unrealistic, like the amount she should be able to save each week, she thought the book had some great ideas. I especially liked that they didn't talk down to the teenagers yet told them about the true financial cost of smoking, the good use of credit cards, ATMS and the fiancial mistakes many people make. A good book that tells it to them straight in a format that they will read.

35 of 36 people found the following review helpful:

5.0 out of 5 stars Great intro financial / investing book for **everyone**, February 8, 2005

By 

Cedric "Washu" (Palo Alto, CA) - See all my reviews

This review is from: The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of (Paperback)

I only skimmed this book (after all, I own almost all the other TMF books!), but I think this book is by far one of the best financial books for **any** new investor, regardless of age. While other books may have more content, this is one of the most approachable financial and investing books I've read. (Plus, its worksheets **force** you practice what you read!) Readable by adults, too!

26 of 26 people found the following review helpful:

5.0 out of 5 stars This book is the beginning of your future, January 23, 2005

By 

John Dandell "McRussell" (Underworld) - See all my reviews

This review is from: The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of (Paperback)

I am in college. I guess I got this information kind of late. I actually started my first job way later than other kids.

I think this book inspired me to save and invest in my future. I did not know a freaking thing about investing till this came along. The thing I found most suprising was that you don't need any knowlege of the stock market to come out ahead. They make it so simple...and its life changing. I recommend this book if you want to be able to survive comfortabley when your retired.
Start saving and investing now! buy the book.