October 9, 2024

Drevo Poznaniya

Make Fun of Business

Teach Children To Invest Book Review – A Kid’s Guide To Stock Market Investing

By: Tamra Orr (2009)

Published by Mitchell Lane Publishers, P.O. Box 196 Hockessin, Delaware 19707

ISBN 978-1-58415-642-0

Book Price: $11.00

Author of over 100 books for children

Tamra Orr is the author of more than 100 books for children of all ages, as well as several books and articles on money management and the stock market. She lives in the Pacific Northwest with her kids and husband and spends as much time reading as she can. Being an author is the best possible job she can imagine.

The world of investing

In 6 brief chapters, readers will find a concise presentation of the world of investing. Tamra Orr states that investing is, part ownership (Ch. 1); becoming a stockholder (Ch. 2); cracking the code (Ch. 3); the world of stock exchanges (Ch. 4); surviving a crash (Ch. 5); and it’s never too early to begin investing (Ch. 6). Start learning today.

Inspiring young minds to invest

Tamra Orr involves young readers with relevant topics and youthful expressions, to engage their interest. She begins a conversation between two young students at school, sharing, “Tim chuckled… I own part of McDonalds.” “You do not!” exclaimed Sasha. “… My grandmother bought me a few stocks in McDonalds for my birthday…”

By defining terms in simple language, Tamara informs young readers without boring them. This will work for adults also. As she explains what a stock is, she notes, “It is a piece of a business that other people can buy.”

Orr shares simple, practical advice that anyone can follow to help readers apply her principles. She focuses on investing in the stock market by suggesting, “If you do not have the cash right now, you can still learn about the market. Pretend that you do have the money, and then follow the market to see what would have happened…”

Tamra has a keen ability to focus on aspects that gain the attention of young people. In one instance she zeroes in on the ability to vote on company issues, revealing, “Owning even a small piece of a company can be exciting. In many companies, owning a single share is enough to buy you voting rights… your vote might eventually affect whether McDonald’s adds another chicken sandwich or a new flavor of pie!” This promises empowerment to kids.

Kids and adults will be educated and encouraged to begin investing. Orr quips, “It’s never too early.”

Embrace the benefits of personal investing

Tamra Orr educated, inspires, and empowers young and old to embrace the benefits of personal investing!

Success Step: Find a favourite company on the NYSE (New York Stock Exchange) and follow its stock activity.