Family matters.(Suburban Living)

0 Comments | Daily Herald (Arlington Heights, IL), October, 2002

Teaching teens how to play the stock market Just as most adults are sadly surveying the smoldering ruins of their investments, along comes a book with the cheeky idea of teaching teens about Wall Street. "The Motley Fool Investment Guide for Teens" (Fireside, $14) by David and Tom Gardner with Selena Maranjian, is written by the same folks who do the PBS radio show.

Their tips include: - Instead of a mutual fund, consider an index fund, which has lower fees and performs better. - Before buying a DVD or pair of shoes, ask yourself if you really need them, or if you could save and invest the money instead. Using the market's average return, $1 invested today could become $8 in 20 years. These people have a lot of faith. The idiot's guide to...