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The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of Paperback – August 6, 2002


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The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of + I'm A Shareholder Kit: The Basics About Stocks - For Kids/Teens + Growing Money: A Complete Investing Guide for Kids
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Product Details

  • Series: Motley Fool (Book 10)
  • Paperback: 256 pages
  • Publisher: Touchstone; 1ST edition (August 6, 2002)
  • Language: English
  • ISBN-10: 0743229967
  • ISBN-13: 978-0743229968
  • Product Dimensions: 5.5 x 0.7 x 8.4 inches
  • Shipping Weight: 9.6 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (66 customer reviews)
  • Amazon Best Sellers Rank: #4,542 in Books (See Top 100 in Books)

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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Customer Reviews

It's a good read and very informative.
Herbert D. Pearthree
If your a teen and want to get a good start on your financial future then read this book.
J. Olivo
I highly recommend this book for people other than teens.
John McMann

Most Helpful Customer Reviews

58 of 58 people found the following review helpful By Mom/Nurse Ann on June 18, 2004
Format: Paperback Verified Purchase
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.
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71 of 73 people found the following review helpful By Miranda on July 4, 2011
Format: Paperback Verified Purchase
There seem to be a lot of positive reviews of this book, so there are certainly aspects about it that must be good - but in my personal opinion I didn't like it. This book reads as if the authors assumed I am two things that I'm not: rich and stupid. A lot of the wordy paragraphs seem to be filler information, over-explaining points that I understood 10 minutes of reading back. I think this might be intentional, so the book isn't shooting facts at you like an adult financial book might read, but for me it was just annoying. And at the end of the book, it never really tied it all together...you won't really know how to start investing even if you've read it cover-to-cover. And, on a side note, some of the examples rather annoyed me...describing teens who "scrimp and save" to put away $5,000 per year for retirement...let's be real! I'm sure some teens have that to put away every year, but it's not from diligently saving what they earn, it's from their parents. Also, this book simply ignores the one huge financial problem all teens have - college! I could not believe that this book goes on without even mentioning the best ways to save for college. They do list example after example of what John or Jane will have saved up by the time of their retirement (if they "scrimp and save" $5,000 a year now - rrgh). I think for most teens, it's unrealistic to have all your money stashed in an account worth thousands that you won't touch until retirement. Not saying it's too early to start thinking beyond college, but college is really the primary issue.

I think this book might be good for 12- or 13-year olds who would appreciate the reiteration and a style of book that's aimed more for children than adults. I'm 17, so I think some older teens might be bored with the tone and wordiness of the book, I'd just go for an adult one. Gosh, this was a long review..sorry! Good luck with investing, everyone!
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41 of 46 people found the following review helpful By Cedric on February 8, 2005
Format: 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!
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17 of 17 people found the following review helpful By World Traveler on February 13, 2007
Format: Paperback
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.
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18 of 19 people found the following review helpful By J. Olivo on September 4, 2004
Format: Paperback
If you dont know much or anything about investing then this is the book for you. The motley fool helps you understand the basics of investing and how easy it is to start investing on your own. They not only tell you about investing but how to save and spend wisely. If your a teen and want to get a good start on your financial future then read this book. Oh yeah and its also an enjoyable read it doesnt get dreary or boring they get you pumped up and ready to save and spend well and start investing.
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24 of 27 people found the following review helpful By Kristen on April 25, 2004
Format: Paperback
I thought this was an excellent book for teenagers. It not only shows them how to intelligently invest, but it also provides funny examples of what not to do in the stock market. I think it would be an excellent asset for people in their early twenties as well because it gives a great deal of advice on money management. In college, most students are not "rolling in the dough", so why not invest what little "dough" you do have and make some money for the future. It can also persuade kids to become healthier because the book outlined what cigarette smoking can do to a person's wallet. As if cigarette smoking isn't already bad enough. I also found the worksheets within the book extremely helpful, and I will continue to use them as guides as I take my first steps towards financial independence.
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22 of 25 people found the following review helpful By "capitalist31" on September 9, 2002
Format: Paperback
to anyone under 20 looking to get started. I have looked a long time for a book that was written to help investment-minded teens get a good overview of what they can do to get started. Most are written like they are talking to a 10 year old and only cover the most basic principles.
This book goes far beyond that in the Motley Fool tradition. It will give anyone, teen or adult, an excellent overview of what they can do to start investing. It covers many different ideas for getting started and goes in-depth into what you can do to jump right into doing it.
I recommend this book to anyone who is serious about starting to invest and looking to get REAL information on what they can do to get started. If your sick of the kiddie stuff that is written on how to get started, then this book is exactly what you have been looking for.
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