A Teen Guide to Buying Mutual Funds by Marylou Morano Kjelle

By Marylou Morano Kjelle

The advanced international of making an investment in mutual money is simplified for present day youngster. From what mutual cash are to how they're laid low with fiscal adjustments is specific with useful examples from the teen's global.

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75% Van R. 55% Brian Howell, James Platz, Robert Gahagan Fidelity T. 76% Larry J. 72% David R. 68% Brian C. 51% Konstantine B. 51% David A. 94% Eric L. Veiel Chairman of Investment Advisory Committee * This is not a recommendation to purchase. It is a place you can start your research for your own portfolio. indd 43 5/16/13 9:53 AM Further Reading Carroll, Adam, and Chad Carden. Winning The Money Game: A Rule Book to Achieving Financial Success for Young People. Clive, Iowa: National Financial Educators, 2006.

Whether an investor wants a short-term or long-term investment, a steady stream of income to use now, or a way to accumulate money for the future, there is a mutual fund to meet this need. Investing in mutual funds is relatively easy. Depending on the type of mutual fund you invest in, you can open up a fund account either by mail or online at the mutual fund company’s website. You can increase your investment by mailing additional checks or transferring money from an existing account. Most mutual fund companies have a toll-free telephone number and a website, so it’s easy to contact them.

Indd 47 5/16/13 9:53 AM About the AUTHOR Marylou Morano Kjelle is a college English professor and freelance writer who lives and works in Central New Jersey. She has written dozens of books for young readers of all ages, many for Mitchell Lane Publishers. S. A. degrees. When she is not teaching or writing, Marylou gardens, cooks, and bakes for her family, watches movies, and reads as many books as she possibly can. indd 48 5/16/13 9:53 AM A TEEN GUIDE TO INVESTING A TEEN GUIDE TO Buying Mutual A TEEN GUIDE TO BUYING MUTUAL FUNDS FUNDS The world of investments can be both confusing and intimidating, but A Teen Guide to Buying Mutual Funds clearly explains what mutual funds are, how they work, and how to begin using them as an investment tool.

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