Stock Game Simulation Strategy
Street Wise: A Guide for Teen Investors is a book by Janet Bamford. Some pages of it talks about the strategy of stock game simulation.
Amazon.com Review
Today’s young people are not only interested in money, they’re quite knowledgeable about it–which is apparently what happens when you mix computer know-how with full employment and parents who play the market. Most, however, still require some assistance as they begin to build their nest eggs. Janet Bamford’s Street Wise: A Guide for Teen Investors fits this bill nicely because it assembles virtually everything these budding financiers need, and presents it in language they understand. Bamford addresses the market’s operation, full-service versus discount brokers, taxes, investment clubs and games, and even the possibility of a Wall Street career. Her best advice concerns stocks and mutual funds and is again delivered in a relevant, complete, and thoroughly noncondescending manner. “A stock is to a mutual fund,” she writes at one point, in a style familiar to her audience, “as: (a) a can of soda is to a six pack, (b) the Dallas Cowboys are to the NFL, (c) a kitten is to a dog, (d) a flower is to a garden.” The answer, by the way, is (d). Bamford also discusses specific kid-friendly investment vehicles, as well as the initial fiscal forays of high-fliers like thestreet.com’s James Cramer. –Howard Rothman
Buy Street Wise: A Guide for Teen Investors
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