Savings and investment information for teens : tips for a successful financial life : including facts about economic principles, wealth development, bank accounts, stocks, bonds, mutual funds, and other financial tools / edited by Karen Bellenir.

Includes bibliographical references (p. [399]-400) and index.

The history of money -- The American experience with money -- The federal reserve system and how it affects you -- Small business and corporations in the U.S. economy -- Strong dollar, weak dollar : foreign exchange rates and the U.S. economy -- What determines interest rates? -- Inflation and the consumer price index -- Develop a financial plan -- Investment choices and risk tolerance -- Advice for investing wisely -- A beginner's guide to asset allocation, diversification, and rebalancing -- A beginner's guide to financial statements -- Working with financial professionals -- Understanding securities analyst recommendations -- How to avoid the most common investment scams -- Beware of online perils and internet fraud -- Basic facts about banks and banking -- Internet and high-tech banking options -- Pros and cons of different savings options -- Account choices to consider for saving money -- A guide to deposit insurance coverage -- What you should know about certificates of deposit (CDS) -- What are bonds? -- Understanding savings bonds -- Treasury bonds and other treasury instruments -- Municipal and corporate bonds -- Understanding stocks -- How the stock market works -- Types of investment companies -- Understanding mutual funds -- How mutual fund and other investment companies operate -- Exchange traded funds and index funds -- What is a hedge fund? -- What to expect when you invest in stocks -- What happens when you place an order to buy or sell a stock? -- What are direct investment plans? -- Investing in foreign stocks -- Microcap stocks : among the most risky -- Day trading : your dollars at risk -- Directory of savings and investment organizations -- Additional reading about saving and investing.

"Provides information for teens about strategies for saving money, investment options, and economic factors that affect personal wealth. Includes index, resource information and recommendations for further reading"--Provided by publisher.