Saturday, September 30, 2006

‘When it comes to making money by investing,' time is on the teens' side

Book Value

Street Wise
Janet Bamford
Bloomberg Press (www.bloomberg.com)

Investing for teens

The book is a guide for teen investors. Teens form a powerful group of the population because ‘when it comes to making money by investing,' time is on their side. "A study by the National Association of Securities Dealers (NASD) showed that Gen X investors (defined as 18 to 34 year olds) make up 19 per cent of investors."

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