Our thirteen year old recently asked me for some good books about investing. His savings account has recently reached a point where it makes sense for him to start learning about investing, and he’s obviously interested in doing so.
I started by giving him a copy of Stanley and Danko’s The Millionaire Next Door, which is an interesting and enjoyable read that emphasizes the importance of education, hard work, discipline, and frugality in financial success. He started the book last week and really seems to be enjoying it.
Over the weekend, I ran across a copy of Eric Tyson’s Investing for Dummies at the library, and it looks quite good. I’m not normally a fan of the “Dummies” series, but this book appears to provide a nice nuts and bolts overview of how different types of investments work, etc.
While I’m not looking to overwhelm him with reading, I’m curious if any of you have other recommendations of good financial books for a fairly mature, albeit still young teenager. Please leave your recommendations in the comments section for all to see.
