Knight Ridder/Tribune News Service
Whether you're already familiar with stocks, bonds and mutual funds or you know nothing at all, TeenAnalyst.com (http://www.teenanalyst.com) will make you a more informed investor.
The site offers advice on almost any finance-related issue, such as finding a career, paying for college and creating your own business.
Started in 1999, TeenAnalyst.com gives accurate information and advice to young people on how to use money wisely.
Even if you are on an extremely tight budget, the site offers useful tips. For instance, if you have $1,000 or less, the site says teens can try investing in either mutual funds or stocks.
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But be aware that both outlets require a bit of research.
If you invest in a mutual fund, make sure you find one that fits your interests. Alternatively, if you know the stock market and want to pick your stocks, you should go for it.
Either way, TeenAnalyst.com says if you keep with it, you should come out ahead.
Kara Kridler is a graduate student in journalism and public affairs at American University in Washington, D.C., and is an intern for KRT Campus.
