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The Young Investor: Projects and Activities for Making Your Money Grow PDF

145 Pages·2001·6.73 MB·English
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The Young Investor TheYoung Investor Projects and Activities for Making Your Money Grow Katherine R. Bateman Library of Congress Cataloging-in-Publication Data Bateman, Katherine Roberta The young investor : projects and activities for making your money grow / Katherine R. Bateman. p. cm. Includes biographical references and index. Summary: Suggests how to make your money grow, discussing savings, investing, stocks, and economy. ISBN 1-55652-396-3 1. Investments—Juvenile literature. 2. Saving and investment—Juvenile literature. 3. Money—Juvenile literature. 4. Stocks—Juvenile literature. 5. Children—Finance, Personal—Juvenile literature. [1. Finance, Personal. 2. Money. 3. Stocks. 4. Investments.] I. Title. HG4521 .B4225 2001 332.6—dc21 2001042105 To contact the author, write to her in care of the publisher. Cover design: Paul Dolan Illustration Interior design and illustration: Sean O’Neill © 2001 by Katherine R. Bateman All rights reserved First edition Published by Chicago Review Press, Incorporated 814 North Franklin Street Chicago, Illinois 60610 ISBN 1-55652-396-3 Printed in the United States of America 5 4 3 2 1 To my six grandchildren—Eleanor, Arlo, T., Cauley, Asa, and Summer Contents Acknowledgments xi A Letter to Parents and Grandparents or Why I Wrote This Book xiii Introduction The Warm-Up, Including the Goal xvii 1 All About Money What Is It, and Where Does It Come From? 1 Search for Old Coins 3 Make a Money Circle 6 Practice Writing Checks 10 2 All About Saving How Time and a Little Math Can Make You Rich 15 Compare Interest Rates at Banks and Savings and Loans 20 Calculate Your Interest Earnings 21 3 All About Investing How to Make Money Make More Money 25 Make a Risk Tolerance Chart 26 Search for a Savings Bond 29 Discover What’s Built by Bonds 32 Find a Stock Report 35 Think of Ways to Earn Money 38 4 All About the Market What Is It, and Where Is Wall Street? 41 Visit a Stock Exchange 45 Find a Stockbroker 49 Write a Script 53 5 All About Stock Tables How to Read Them for Fun and Money 55 Look Up Stocks 62 Read the Mutual Fund Tables 70 6 All About the Economy Why Nikes Cost More When It Floods in China 73 Follow the Weather 75 Check the Health of the Economy 78 Check Inflation 82 Visit a Federal Reserve Bank 86 Find the Fed in the Media 86 7 All About Stock Picking What Your Toothpaste Tells You 89 Search for Consumer Staples 92 Conduct a Consumer Survey 95 Find Fund Families 97 8 All About All of the Above And Where to Go for More 101 Thinking of More Questions 109 Conclusion The Wrap-Up, Including a Reminder of the Goal 111 Glossary 113 Index 119 Author Biography 124

Description:
A young person who saves $2,000 each year between the ages of 9 and 14, at an interest rate of 9 percent, will have one million dollars at age 65. And that is just by saving! This guide explains the language of business and the skill of investing, so that children can grow up business-literate and g
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