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
Eh. I don't like this kid much, so far. Lots of advice such as - if your parents had put aside $100 a month for you until you were 6 and then $250 a month, you'd have $44,000! Or if you put $1000 into a money market at age 13, then do odd jobs to the tune of depositing $130 a month until 17 and then get a job that pays $15/hour you'd have $124,0000 at age 25. I want to know what the hell kind of reality this kid lives in where parents of infants can afford to save $100/month for the kid and then $250 and where you have $1000 at age 13 and are able to get a $15/hour job as a 17 year old.
I'm hoping to get some basic terminology from this book, but I'm going to have to turn to something else if it keeps up in this vein.
Do you like investing? Do you like investing in the stock market? because if you do you will most defiantly like this book. The book the teenage investor by Timothy Olsen who was only a teenager when he wrote this book, is about how to start early, invest often, and build wealth. In the book, Timothy talks about how every year kids blow through every single cent they get, and they should learn to invest it. This book is a nonfiction book and is recommended for anywhere between the ages of 10-18.
DNF 30% This book was supposedly written by an eight-year-old for a teenage target audience. This child neither likable nor relatable. If the author/narrator is not pleasant the target audience is unlikely to continue the book let alone learn from the material.
This book is about what you should do with your money when your only a teen. Written by a kid for kids timothy does a great job of explaining how to make your money grow. I found this book interesting but kind of dry. It would have been better if there was some humor and not as serious of a mood. Over all this was an ok read. I would recommend this to someone who is into the stock market.