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The Teenage Investor: How to Start Early, Invest Often & Build Wealth Kindle Edition
A Wall Street wiz kid teaches teens all about investing
At the age of 8, when most kids look no further than baseball cards and video games, young Tim Olsen bought his first stock.
Now, with a diverse portfolio in hand, this13-year-old wunderkind has written The Teenage Investor.
Olson explains for teens, Gen-Xers, and their parents how to build wealth in the stock market by starting now. He then outlines a simple, step-by-step program to begin building a lifelong portfolio.
Tim's fresh perspective and wisdom-beyond his-years make The Teenage Investor a welcome relief from the standard "how to get rich" investment book. Writing with knowledge and insight of a market veteran, he tells young and first-time investors:
- How to invest in stocks, bonds, and mutual funds
- Unique wealth-building plans for young investors
- Methods for building a solid investment portfolio at any age
- LanguageEnglish
- PublisherMcGraw Hill
- Publication dateAugust 22, 2003
- Grade level7 - 9
- File size739 KB
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Editorial Reviews
From the Back Cover
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 andother 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 Olsenshow 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!
About the Author
Timothy Olsen is a 13-year-oldinvesting prodigy. He has been published or featured in a variety of networks and publications, including CNBC, Mutual Fund Magazine, REITStreet, Morningstar.com, andJungle.com.
Product details
- ASIN : B000OVLJAU
- Publisher : McGraw Hill; 1st edition (August 22, 2003)
- Publication date : August 22, 2003
- Language : English
- File size : 739 KB
- Simultaneous device usage : Up to 4 simultaneous devices, per publisher limits
- Text-to-Speech : Enabled
- Enhanced typesetting : Not Enabled
- X-Ray : Not Enabled
- Word Wise : Enabled
- Sticky notes : Not Enabled
- Print length : 204 pages
- Best Sellers Rank: #1,570,896 in Kindle Store (See Top 100 in Kindle Store)
- #91 in Teen & Young Adult Business & Economics eBooks
- #167 in Public Finance (Kindle Store)
- #531 in Public Finance (Books)
- Customer Reviews:
About the author
Tim Olsen is a millennial supply chain professional and investor now in his early 30s who wrote The Teenage Investor: How to Start Early, Invest Often, and Build Wealth (2003, McGraw-Hill) at the age of 13. He has appeared as a guest on CNBC, Bloomberg, PBS Nightly Business Report and FOX 5 New York's Good Day New York.
Growing up in New Jersey, Tim began interning at a New York City hedge fund at the age of 15 and experienced life on Wall Street firsthand - before even entering high school!
Faced with the uncertain prospect of employment in the investment world due to the financial crisis and Great Recession, Tim graduated from Louisiana State University (LSU) with a B.S. in Finance, and began working as a supply chain professional for a large oil & gas corporation in 2011. He subsequently earned an MBA from Loyola University New Orleans in 2015 and now resides outside of New Orleans, Louisiana with his wife and daughter.
Given his experiences as a teenage author, Tim receives many questions from friends, family, and others about the best ways for young investors and those new to the workforce regarding how to invest their money. Tim's goal is to help all investors achieve stress-free financial independence using the tried and true practices that have worked best for him!
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