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Is it too early for a 16 years old to learn about Mutual Funds and stocks?


My son is interested about it. I personally have no idea about these subjects. What source of information he should look into?

It's never too early! Your children should learn about money as soon as possible (only good will come from it!). Try looking on amazon.com for some investment books for teenagers. Anything by Peter Lynch (Most sucessful mutual fund manager ever) would be great! I actually think he wrote a book for teenagers. Tell your son to start a fantasy stock portfolio too. This will undoubtedly help him in the future to be sucessfull. Also, you as a parent should be supporting this 100% the entire time! Why not try learning with him (it's never too late to start either)?

Good Luck
- Black

Good for him!
When it comes to mutual funds there are so many places to learn.
I will give you a few URL's. There are two national radio shows which have a lot of information on investing The mutual fund show with Adam Bold and Bob Brinker's Moneytalk.
Brinkers website is a goldmine of good information. While I do not agree 100% with either of the two mentioned people their advice is solid. Brinker has a book list which is excelent as well as a tutorial and some links to good investment sites.
Again good for your son and best of luck.

No, the sooner the better. He and you will be very glad and should be fun for the both of you to learn and maybe have some contest to make the most in various time frames.
You can find all the basic info you need on websites for free.
This site should give you a good start.
http://finance.yahoo.com/education

The best tip I could give you is learn the basics. And that will be your best investment ever. Then paper trade your picks and if you can get over 75% right out of 50 picks then think about investing for real. Open a demo and see how you would do if it was your/his real money.
http://simulator.zacks.com/zacks/default...

Here are my favorite sites.

http://stockcharts.com/
Has basically all you need from fundamental to technical terms. Plus stock screens, charts, public chart lists, and much more useful info.

https://www.fidelity.com/
Has good learning resources.

http://moneycentral.msn.com/home.asp
In addition to yahoo finance.

http://www.reuters.com/
For news and more.

http://www.marketwatch.com/default.aspx
For news and more.

http://www.valueprime.com/index.php
For rating stock risk/reward ratio and reports.

http://www.barchart.com/
For investing in more than stocks.

http://www.lightninglive.com/
For best software timing your entry/exits any time frame for day traders and long term investors.

Others worth exploring.
http://www.equis.com/
http://www.stockta.com/
http://www.secform4.com/

After you really get your feet wet in learning if you want you can email me any questions.

Best Wishes,
Burt Whitley

A good lighthearted book to begin with is "Investing For Dummies." Then, if he wants more in-depth information, try "Mutual Funds For Dummies" and "Stock Investing For Dummies." They are easy reads.

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