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
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