There are a lot of terrific resources available to help you learn more about money and investing. Be prepared to be shocked by how many articles and books and other resources I list below. Don't expect to get very far with them today. Perhaps just read one or two articles. Perhaps print out the list of books and check one out from your library. Plan to keep revisiting this page, though (maybe bookmark it), and to keep learning -- in whichever ways work best for you: articles, books, magazines, seminars, and discussion boards. Think of this long page as a kind of library that you can visit again and again.
As you read through our Fool offerings, note that we try to make all our content easy to read -- and sometimes amusing, too. (Our motto: "To educate, amuse, and enrich.") Most of it is geared toward adults, but remember that most adults don't know much more about investing than you do -- in fact, you may already know more than most adults -- really!
Some Key Fool Areas:
- Investing Basics
- On Mutual Funds
- The Motley Fool Glossary
- Discount Broker Center
- Short-term Savings
- Investment Clubs
- How to Value Stocks (an assortment of articles)
- All About Banking
- Fool freebies and discounts
Mostly Fun Fool Articles:
- 40% Returns, Guaranteed!!!
- Hannah Gets a Visa Card
- Palm IX Hits Retail Stores, Wows Customers
- Internet Almost Out of URLs
- Pepsi to Advertise Inside Human Genome
- Amazon.com to Add 23 New Areas
- Shakespeare's Portfolio Discovered (our 2000 April Fool's Joke)
- e-Meringue IPO (our 1999 April Fool's Joke)
- The Craven
- The Unshaven
- Like... Totally Citigroup
- Binge Industries: A Letter to Our Shareholders
- Stock for Mom: Cheesecake Factory
- Top 5 Common Investing Mistakes Dogs Make
- Top 5 Archive
- The Community's Treasure Chest
Mostly Educational Fool Articles:
- The History of The Motley Fool
- Advice for Grads
- The Compounding Fribble
- Big Strike Out
- Stock Splits
- It's Never Too Late: The Anne Scheiber Story
- The Oseola McCarty Fribble
- How to Spear Fish
- Confronting Contradictions
- Even Dogs Can Win
- The Poetry of Investing
- Winning Isn't Everything
- Offline Commerce Emerges
- The Myth of Analysts' Best Practices
- A "South Park" Investing Lesson: Gnomes Underpants
- Investing Hints
- The Donner Party Fribble
- Buffett: Portrait of an Artist as a Young Man
- Investing Lessons From College
More Educational Fool Articles:
- Character of a Foolish Investor
- Meet Ten Investing Masters
- Five Tips for Buy-and-Hold Investors
- Phil Fisher's Long View
- I Think, Therefore I Invest
- A Simpler Way to Invest
- How to Evaluate Management
- Using ROE and ROA
- Don't Ignore Ratios
- The Importance of Enterprise Value
- Four Great Investing Equations
- 10 Things to Look for in an Annual Report
- An Investor's Guide to Conference Calls
- Calculating Cash Flow Ratios
- Analyzing Industries
- Four Ways Investors Are Tricked
- What Is Your Company Hiding?
- The Most Important Financial Statement
- Where Fools Do Their Research (a bit dated, but still helpful)
- The Top Investing Books of All Time
- What We've Learned
- When Fools Were fools
- More When Fools Were fools
- Even More When Fools Were fools
- Yet More When Fools Were fools
- Warnings for Investors
Even More Educational Fool Articles:
- The Misunderstood Market
- The Psychology of Investing
- Socially Responsible Investing
- Interview with John Bogle
- Your Top Money Questions
- Fisher's Investing Criteria
- Ten Things You Want to Know
- Big Company Mistakes
- Clinical Trials and the FDA: Investing in Drug Companies
- The Meaning of Margin
- The Earnings Estimates Game
- How to Avoid Securities Fraud
- Adventures in Venture Capital
- Time to Rebuild, in a Down Market
- Buy Small
- Small-cap Investing Questions
- Avoiding Investing Traps
- 10 Gems for Value Investors
- Big Risk Sinks Ships
- Your Most Important Financial Decision
- High Volume, High Profits
- Quest for Deep Value
- Objecting to Index Funds
- When Companies Go Bankrupt
- Go Against the Grain
- Options and Other Accounting Scandals
- The Best Actively Managed Fund
- Cash in Fashion
- Is Shorting Stocks Foolish?
- Lots of "Fribbles" -- lessons submitted by Fool readers
Some Solid, Mostly Educational Fool Discussion Boards
(Other than our Teens and Their Money discussion board, that is. Remember that full access to our boards costs a little, but we do offer a 30-day free trial -- check them out!)
- Investing Beginners
- Grape's Fisher Kings
- The Foolish Collective
- Peter Lynch Investing
- Drip Investing -- The Basics
- Drip Investing -- Companies
- NAIC Stock Selection Guide
- Index Funds
- Mutual Funds
- Investment Clubs
- Boring Stocks
- Reading Financial Statements
- Terms, Definitions and Jargon
- Socially Responsible Investing
- Turnarounds / Value Investing
- My Dumbest Investment
- Low P/E Stocks
- Selling Strategies
- Discount Brokers
- Boards for lots of industries
Other Useful Websites
Here are a few websites created for or by young people, about money and investing (some are affiliated with financial companies that may want to sell you something). They're not officially endorsed by The Motley Fool, but you may learn some interesting things:
Also, visit http://www.jumpstart.org/, click on "Links," and you'll see much more content geared toward young people.
To Learn More About Mutual Funds:
Other Educational and/or Entertaining Websites
- Berkshire Hathaway -- This is the website of Warren Buffett's company, Berkshire Hathaway. There you can access some 25 years' worth of Buffett's annual letters to shareholders. They're famous for how easy to understand, educational and even amusing they are.
- Better Investing -- This is the website of the National Association of Investors Corp. (NAIC), the granddaddy organization of investment clubs. It offers solid guidance on clubs, investing in general, and companies of interest. It also offers guidance specifically for teenagers.
- The Hollywood Stock Exchange -- This is an investing game site, where you compete with others by buying and selling stocks and bonds of movies and entertainers. It's a fun way to learn about how the mechanics of investing work.
- Bankrate.com -- This site will help you find banks and CDs offering the best interest rates. You can also find good credit card deals and other information there. (Also good: CardLearn.)
- LavaMind -- This company sells several games that teens or adults will enjoy, where you compete to become the richest person by building businesses and trading in outer space. There's a free demo version of one game available. Another game is at http://www.escapefromknab.com/. If you try these games and like them, share your experiences on our Teens and Their Money discussion board.
- Here are two useful guides on how to read financial statements, produced by IBM and Merrill Lynch.
Newspapers and Magazines
Fortune, Forbes, SmartMoney, and BusinessWeek are just four of many general interest financial magazines that will offer you insightful coverage of various companies, industries, trends, personalities, investing strategies, and much more. (Other possibilities: Better Investing, Worth, Kiplinger's and Money.)
There are two primary newspapers that are most useful to investors: The Wall Street Journal and Investor's Business Daily. You may be able to sign up for free trials for one or both of them here.
Below are brief descriptions of some:
- The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of by David and Tom Gardner with Selena Maranjian. This is (obviously) the best book we offer for teens. It's full of ideas and advice on how to earn more money, save more money, and invest your money, and it also includes many suggestions and stories from teens.
- The Motley Fool Money Guide: Answers to Your Questions on Saving, Spending, and Investing by Selena Maranjian. This book features 500 questions and answers on all kinds of investing and personal finance topics. It will teach you a lot and it's a great reference book, too.
- The Motley Fool Investment Guide by David and Tom Gardner. This is our first book, laying out the Motley Fool investing philosophy and approach.
- You Have More Than You Think by David and Tom Gardner. This book tackles personal finance topics, helping people get their financial houses in order.
- The Motley Fool Investment Workbook by David and Tom Gardner. For those who learn by doing, this workbook includes many exercises for the reader as it teaches investing.
- The Motley Fool's Rule Breakers, Rule Makers by David and Tom Gardner. This book is lays out two Fool investing strategies and teaches a lot about what makes strong businesses strong.
- The Motley Fool's Investing Without a Silver Spoon by Jeff Fischer. This book explains in full detail how to invest using Drips -- dividend reinvestment plans and direct investing plans. It includes an extensive directory of hundreds of companies and information on their Drip plans.
- The Motley Fool's What To Do With Your Money Now: Ten Steps to Staying Up in a Down Market by David and Tom Gardner. In this book, the Fool co-founders help you recognize the rights and wrongs of managing your money in today's market.
- Investment Clubs: How to Start and Run One The Motley Fool Way by Selena Maranjian. This is a short book that gives you the basics on how to start and run an investment club.
Other Good Books
Look these up at your local library or on Amazon. Don't think, if you find one to be a little boring, that they're all boring. Some are about investing, but many are just about great businesses and the interesting people who built them. The more you know about great businesses, the more easily you'll be able to spot them and invest in them.
- Buffett: The Making of an American Capitalist by Roger Lowenstein
- The Complete Idiot's Guide to Money for Teens by Susan Shelly
- Street Wise: A Guide for Teen Investors by Janet Bamford
- Learn to Earn by Peter Lynch and John Rothchild
- The Richest Man in Babylon by George S. Clason
- Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras
- Capital Ideas: The Improbable Origins of Modern Wall Street by Peter Bernstein
- Against the Gods: The Remarkable Story of Risk by Peter Bernstein
- One Up on Wall Street: How to Use What You Already Know to Make Money in the Market by Peter Lynch and John Rothchild
- Common Stocks, Uncommon Profits by Philip Fisher
- In Search of Excellence: Lessons from America's Best-Run Companies by Thomas Peters and Robert H. Waterman
- Personal History by Katharine Graham
- Common Sense on Mutual Funds by John Bogle
- The Essays of Warren Buffett: Lessons for Corporate America by Lawrence Cunningham
- The Wall Street Journal Guide to Understanding Money & Investing by Kenneth M. Morris and Virginia B. Morris
- The Intelligent Investor by Benjamin Graham
- Liar's Poker: Rising Through the Wreckage on Wall Street by Michael Lewis
- Value Investing: From Graham to Buffett and Beyond by Bruce C. N. Greenwald and friends
- Financial Shenanigans by Howard Schilit
- The Money Masters by John Train
- A Short History of Financial Euphoria by John Kenneth Galbraith
- For God, Country, and Coca-Cola: The Definitive History of the Great American Soft Drink and the Company That Makes It by Mark Pendergrast
- McDonald's: Behind the Arches by John F. Love
- In Sam We Trust: The Untold Story of Sam Walton and Wal-Mart, the World's Most Powerful Retailer by Bob Ortega
- Apple Confidential: The Real Story of Apple Computer, Inc. by Owen W. Linzmayer
- Giants of Enterprise: Seven Business Innovators and the Empires They Built by Richard S. Tedlow
- Masters of Enterprise: Giants of American Business from John Jacob Astor and J.P. Morgan to Bill Gates and Oprah Winfrey by H. W. Brands
- Good to Great: Why Some Companies Make the Leap... and Others Don't by Jim Collins
- Rules for Revolutionaries: The Capitalist Manifesto for Creating and Marketing New Products and Services by Guy Kawasaki, Michele Moreno
- The Tipping Point: How Little Things Can Make a Big Difference by Malcolm Gladwell
- The Millionaire Next Door: The Surprising Secrets of America's Wealthy and The Millionaire Mind by Thomas J. Stanley and William D. Danko
- Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! by Robert T. Kiyosaki and Sharon L. Lechter
Feel free to share other resources you find on our Teens and Their Money discussion board.
Remember that the more you learn, the better you'll likely do. To maximize your money now and in the years to come, keep learning!
This article was adapted from The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of. For many more ideas and guidance on how to make and save money, check out the book. It also includes a lot of tips on how to land jobs and succeed at them.