These 'Treps
are Taking Stock in Their Future
Shopping Baskets Hold Investing Secrets
By Lori B. Murray
Bibi
Schweitzer is a smart shopper who knows a good thing when she sees it.
According to 14-year-old Bibi, “good things" include Abercrombie
& Fitch, Gap, McDonald’s, Coca-Cola, Nike, and Estee Lauder. And she
is now turning these favorite brands into wise financial investments.
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Millionaire in the Making
By Melissa Maupin
When Katie
Beeman graduated from high school in Duluth, MN, last year, her classmates voted her one of
the Top Five Most Likely to Be Rich in 10 Years. At age 18, Katie has already claimed her
place in the world of enterprise. Not only has she started and run two successful
businesses a lawn service and Christmas tree lot but she has also been
actively investing in the stock market since the age of nine.
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The Wall Street Wizard
His name is Jay. Jay Liebowitz. He's 17, he just graduated from high school, and he's going to college at the end of the summer.
Here's the difference between Jay and the millions of teens just like him: he has $120,000 in assets, and it's all Jay-made.
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RagingBull.com
Retire by the time you're 21! Impossible! If you think so, you should meet Bill Martin, Greg Wright, and Rusty
Szurek: partners in RagingBull.com. No, they're not replacements for Michael Jordan, they're the geniuses behind the hottest financial message board
online. They're all 21, but none of them have any intention of retiring. Heck, they're just getting started!
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(Photo by Carol Van Doren, courtesy of Break Time Magazine)
Interning for Opportunity
Wanna learn how to
invest your money? Watch TV! That’s what 18-year-old investor Matthew
Wolff of Two Rivers, WI suggests.
Of course, just watching The Simpsons isn’t
going to cut it. Matthew’s talking about the latest financial shows like
Moneycast, Squawk Box, and MoneyLine. These shows
give you the lowdown on money matters, so you might want to think about
taking Matthew’s advice. He’s been investing in the stock market for
three years and plans a future career as a stockbroker or financial
consultant. Watching the tube is exactly how he got started.
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Farmboy Financial Forcaster
When you raise cattle, investing in a
"bull" market is natural. Just ask 15-year-old Keeley Edgar, who
lives and works on his family's whopping 600-acre farm in Ayr, Ontario, 50
miles southwest of Toronto. Keeley has been corralling stock shares into an
investment portfolio for four years.
Of course, just watching The Simpsons isn’t
going to cut it. Matthew’s talking about the latest financial shows like
Moneycast, Squawk Box, and MoneyLine. These shows
give you the lowdown on money matters, so you might want to think about
taking Matthew’s advice. He’s been investing in the stock market for
three years and plans a future career as a stockbroker or financial
consultant. Watching the tube is exactly how he got started.
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Ouch!
How Teen Investors are Dealing with Stock Market Shock
It seems that everyone is talking about the slowing economy and
the bumpy road Wall Street seems to be riding. We asked some young investors
what they are doing to absorb the shock. Read on, and see what they have to say!
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