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 Started Now on Earning Your First Million Tim Olsen bought his first shares of stock when he was 8 years old. Now, at 13, Olsen is a Wall Street veteran. In The Teenage Investor he explains how you and other 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 them How to use the power of your youth to double or more the long-term value of your portfolio Index funds--and how millions of investors have used them to become millionaires The magic of dollar cost averaging--and how you can get more for less How 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 parents or their stockbroker Teenagers 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 Olsen show you how to start having some real fun 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!Timothy Olsen is the author of 'The Teenage Investor : How to Start Early, Invest Often & Build Wealth', published 2003 under ISBN 9780071416634 and ISBN 0071416633.