Most of you have not received much information about saving and investing in your high school classes. You may have learned a little about stocks and bonds in Economics. Now is the time to start learning all that you can about investing and finances so when you do have money available to invest you do it the right way, the first time, and avoid costly mistakes.

There are many places to get information about investing, such as:

*The business section of the newspaper

* Financial magazines

* The Internet

* Friends and family

* Take a personal finance class

So, start reading all that you can and don't be afraid to get started when you are ready. Keep in mind that there are people and scams out there waiting to take your money. So, be cautious when you are solicited.

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To understand the importance of saving early, open the Investing for Teens link, scroll down to the compound interest chart and answer the following questions:

1. What is the true secret of wealth?

2. What is the difference between investor A and B in the chart shown?

3. What is the best way to learn about anything, especially investing?

4. Should you ever take stock advice from anyone?

For the following assignment answer the following questions by visiting the Investopedia.com site:

5. List the differences between the following:

a. Stocks

b. Bonds

c. Mutual Funds

6. How much will you need for retirement?

7. List two online investment scams.

8. What is an index?

9. Describe the difference between the S & P 500 and Dow Jones Industrial Average

10. Go to reading financial tables link and answer the following:

a. What is Rite Aid's ticker symbol?

b. What was the highest price the stock was traded for that day?

c. What was the 52 week low price for the stock?