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

145 Pages·2001·6.73 MB·English

by  Katherine Bateman

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