| Street Wise: A Guide for Teen Investors | 
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Avg. Customer Rating:   (based on 6 reviews)
Sales Rank: 187501
Category: Book
Author: Janet Bamford
Publisher: Bloomberg Press
Studio: Bloomberg Press
Manufacturer: Bloomberg Press
Label: Bloomberg Press
Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Reading Level: Young Adult
Number Of Items: 1
Pages: 256
Shipping Weight (lbs): 0.8
Dimensions (in): 9.2 x 5.9 x 0.6
ISBN: 1576600394
Dewey Decimal Number: 332.6
EAN: 9781576600399
ASIN: 1576600394
Publication Date: September 2000
Availability: Usually ships in 1-2 business days
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Product Description
Move over rock 'n roll-- teens are playing the markets as never before! Teen investors have powerful advantages over the rest of us. Many are whizzes at financial research on the Internet. They're quick to master discount stock trading online. Already, an estimated million kids are actively involved in the stock market. Often these teenage investors have amassed substantial nest eggs--even before they've finished high school. Although teen investors need adult cosigners for their brokerage and mutual fund custodial accounts, it's not unusual for them to be the driving force behind their parents' and relatives' investment decisions. Now teens have another leg up--a book that explains the successes and investment strategies of real-life teen investors, along with the wisdom of Wall Street pros, and tips on how to make the most of the Web. The popularity of stock-picking contests and high school investment clubs--along with successful marketing vehicles, such as Stein Roe's Young Investors Fund--have created a growing demand for investment information focused on teens, written for teens. This book provides exactly what they want. Everything Teens Need to Know:
* Nuts and bolts of how to buy stocks and mutual funds
* Sidebars, factoids, lists, quizzes
* Stock market games sponsored by CNBC and Salomon Smith Barney
* Teen investor success stories
* Tips about online research sites
* Career opportunities in the investment world
Amazon.com Review
Today's young people are not only interested in money, they're quite knowledgeable about it--which is apparently what happens when you mix computer know-how with full employment and parents who play the market. Most, however, still require some assistance as they begin to build their nest eggs. Janet Bamford's Street Wise: A Guide for Teen Investors fits this bill nicely because it assembles virtually everything these budding financiers need, and presents it in language they understand. Bamford addresses the market's operation, full-service versus discount brokers, taxes, investment clubs and games, and even the possibility of a Wall Street career. Her best advice concerns stocks and mutual funds and is again delivered in a relevant, complete, and thoroughly noncondescending manner. "A stock is to a mutual fund," she writes at one point, in a style familiar to her audience, "as: (a) a can of soda is to a six pack, (b) the Dallas Cowboys are to the NFL, (c) a kitten is to a dog, (d) a flower is to a garden." The answer, by the way, is (d). Bamford also discusses specific kid-friendly investment vehicles, as well as the initial fiscal forays of high-fliers like thestreet.com's James Cramer. --Howard Rothman
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| Customer Reviews: Read 1 more reviews...
 A Little Too Boring for Teens . . . December 27, 2007
4 out of 5 found this review helpful
This book has all the nuts and bolts, but it is a little too boring to keep the attention of my 16-year-old nephew. I also got him the Motley Fool Guide to Teen Investing which was much more interesting. This Street Wise book is a little too much like homework. If you're trying to get the teen exciting about investing and its possibilities, the Motley Fool book is a better choice in my opinion. Both books together make a solid start to an investing library for teens.
 Excellent resource August 28, 2007
2 out of 2 found this review helpful
I started looking into investing and the stock market a year or so ago when I realized I had enough money to start investing long-term. I tried a couple different books, but they all seemed too childish or too confusing. I found Street Wise at the library, and even before I had finished reading it I ordered my own copy. The whole book is very well-organized and kept me very interested all the way through.
Although teens as young as thirteen or fourteen would find the material age-appropriate, I would consider this book a valuable resource for adults as well. In "Street Wise," Bamford describes:
1. The value of compound interest for young investors
2. The basics of how the stock market operates
3. How investors actually buy and sell stocks
4. The advantages and disadvantages of funds
5. How to cope when the market is down
6. Many investing resources, including clubs, trading games, and helpful websites.
Speaking as a teenager, I would highly recommend this book to any young adult who wants to start investing!
A must for all teenagers! January 22, 2003
18 out of 18 found this review helpful
This is an excellent introduction to the stock market for teenagers. The book is directed towards teenagers and accomplishes it's goal well. All teenagers should read this book to gain a starting knowledge of the American Stockmarket.
The book teaches stock vocabulary, trading tips, how to start, risk and rewards, and many other topics. But, this book is definitely an introduction - if you have a good knowledge of the stock market already, this might not be for you.
Awesome! August 1, 2002
10 out of 14 found this review helpful
This book was a great introduction to the Stock Market for me. It was simple and easy to read. It was also interesting. I highly recommend this book.
Wonderful August 22, 2001
This book was easy to follow. I enjoyed the chapter on how to get a job on Wall Street. I am 14 and have already started saving for college thanks to this book. My mom made me read it. I was reluctant at first but now I am very glad she did. That is why I rate this book a five!!!!
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