Table of Contents
Introduction 6
What's an Investment? 8
Kinds of Investments 10
Different Ways to Invest 12
Where Should You Invest Your Money? 14
Risk 16
Diversify! 18
Savings Accounts 20
Understanding Interest 22
Compound Interest 24
The Power of 72 26
Certificates of Deposit 28
Money Market Accounts 30
U.S. Savings Bonds 32
Mutual Funds 34
Collectibles 36
What Is the Stock Market? 38
Investing in Stocks 40
Setting Aside Money for Investments: Step #1 Create Savings Goals 42
Setting Aside Money for Investments: Step #2 Save First, Not Last! 44
Setting Aside Money for Investments: Step #3 Cut Your Expenses 46
Setting Aside Money for Investments: Step#4 Be a Smart Shopper 48
How Does the Economy Affect You Investments 50
Where Should You Begin? 52
Get Started! 54
Here's What You Need to Remember 57
Words You Need to Know 58
Further Reading 60
Find Out More on the Internet 61
Index 62
Picture Credits 63
About the Author and Consultant 64
