Explain the language of finance and the skill of investing to kids who will all-too-soon be managing their own finances! The Young Investor explains the general concept of money and demonstrates how saving works based on the concepts of simple and compound interest, as well as where Wall Street is located and what stocks and bonds do. With the help of an adult, they'll even learn the right way to buy or sell a stock, mutual fund, or savings bond!
Dozens of projects illustrate how to balance a checkbook, read a stock table, and understand common financial terms such as inflation, recession, and the Federal Reserve Board. This updated edition details the current financial environment, including what is meant by a global economy, economic clues for recovery, and a special section on what mortgages are and how they work. Ages 9 & up. 144 pages, paperback. 15 black and white photos with 13 charts.