Download PDF The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of, by David Gardner
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The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of, by David Gardner
Download PDF The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of, by David Gardner
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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
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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
Series: Motley Fool (Book 10)
Paperback: 256 pages
Publisher: Touchstone (August 6, 2002)
Language: English
ISBN-10: 9780743229968
ISBN-13: 978-0743229968
ASIN: 0743229967
Product Dimensions:
5.5 x 0.7 x 8.4 inches
Shipping Weight: 8 ounces (View shipping rates and policies)
Average Customer Review:
4.4 out of 5 stars
119 customer reviews
Amazon Best Sellers Rank:
#18,003 in Books (See Top 100 in Books)
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!
PROS: I like that this book empasized goal setting and sound personal finance principles as much as actual investing. The recommendation to use index funds is still sound advice.CONS: Because it was published in 2002, many of the specific examples are woefully outdated. Some companies don't exist, and whole industries are dying. Also more information on things like UGMA and UTMA along with products like ETFs would be helpful. In their effort to be "teen friendly" the authors sounded very odd most of the time.
A bit dated (it mentions fax machines & floppy disks) but otherwise timeless info. The first part of the book really hammers home the idea that by starting to save & invest at a young age, you have such a huge head start that you're going to end up in a good place almost no matter what. SO get started!
Did not know it was this old a publication. Missing all the new investment products now being offered.
Great book for young investors! The authors use modern day examples that teens can relate too. They also give advice about long term success. I read it first to make sure it was appropriate...I wish I was given this book as a teen!
I love how simple and entertaining it was to read this book. Even though some of the content is outdated (floppy disk, etc), this book simplfies everything you need to know about investment as a teenager, gets you started early!
Good book but it did not come with instructions on how to get your kid to read it
The advice in this book is excellent; really well done. My only criticism is that the book itself LOOKS so boring. Considering that the target audience is teenagers who are accustomed to a full assault of all of their senses, this book is very visually boring. Not a single graph or chart which I find very odd in a financial book. Not a single splash of color. Even the pages are the rough kind found in $2 romance novels. In summation, GREAT ADVICE but the lack of color and "wow factor" may turn off a teenager.
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