Today I want to introduce three successful young investors – who have the same mission – educating other teenagers to invest.
What Were You Doing at the Age of 14?
Other than going to school, Chris Stallman (22), Dan Schuster (21) and Danny Miliaresis (19) were also investing. Other than that, they even establish Teenanalyst.com to educate other teens to invest.
This is not an easy task at all. I am completely impressed by the job done by these three young men.
About TeenAnalyst.com and the Teen Trio
In April 1999, three teenagers from Bourbonnais, Illinois decided to create a print newsletter that would educate teens about the stock market… Now in its fifth year, TeenAnalyst.com has helped educate over 600,000 young investors (and adults) across the country.
Source: TeenAnalyst.com Take a look at the teen trio’s bios.
Chris Stallman
Dan Schuster Danny Miliaresis
Your Own Investment vs Investment Banking Career
Get to know about investing is no better than getting hands-on investment experience. If you aim at building an investment banking career, start investing as early as you can. Make yourself a successful young investor before you step into any position in an investment bank. If you don’t want to risk your money, take a look at the Summer Stock Contest.
TeenAnalyst Summer Stock Contest
TeenAnalyst has a Summer Stock contest which runs from April 10th until August 31st. The person with the highest return will have themselves featured on their website!
FREE stock quote 
Stock Trading Robot TeenAnalyst Resume Writing Tips
If you are writing your investment banking resume, you should read the TeenAnalyst’s tips in addition to my tips in this blog.
I like their style – short, precise and direct to the point. Though they are not fully investment banking focused, it will certainly add value to your resume writing.
* Stress Your Strengths
* Make it Neat
* Keep it Reasonably Short
* Always Include Your Contact InformationRecommended Career Tools
These career tools are seriously short-listed by Anna Maria D'Souza for those who serious want to start an investment banking career.
Amazing Cover Letters
Amazing Resume Creator Secret Career Document
Young Investor
Some investment bankers are very good at investing, but they don’t care to or they don’t know how to tell/educate others to invest.
There is an unusual talent, whom not only start investing before his teenage, he even thought of educating other young people to do so. And he did it successfully.Be a Successful Young Investor
Whether you decide to work for investment banks or for yourself, getting your feet wet on investment is an important step. The earlier to start, the better. Get yourself acquainted to the market will highly add value to your resume as well as during an interview.About Michael Stahl and StreetSage
Michael is a seasoned young investor who began investing in the 4th grade. At 22, he became widely respected for his knowledge of finance and entrepreneurship. Mike founded the StreetSage in July 2001 with a mission of "To improve financial literacy among young adults through novel approaches of practical, interactive education."Michael Stahl and StreetSage have been featured in the Wall Street Journal. Mike has appeared on CNN/fn and Bloomberg Financial Television, and was even interviewed in Investor's Business Daily and Business Week, for the company’s pioneering work in financial education.More about the successful young investor – Michael StahlInvestment Game Blueprint
In 2001, when Michael studied in the dorm room of the Wharton School of the University of Pennsylvania, he was committed to finding interesting and enjoyable ways to educate his peers about investments.
Since then the concept has been blueprinted and designed to provide the first teaching tool to accurately illustrate the virtues of long-term investing using a 25-year game-simulation.Challenge: Turn $10,000 into $100,000 in less than three monthsSound tough? It’s not in the world of StreetSage. That’s because StreetSage is a virtual stock market that simulates 25 years of investing in only 10 weeks.As a StreetSage investor, you’ll make decisions based on realistic information with realistic results, and you’ll have plenty of time to build wealth… or not. Either way, you’ll gain valuable knowledge about picking, holding, and selling stocks. The experience will serve you well when it’s time to put your own money to work making more in the real world market.
Source: StreetSageThought of the Day for Young Investors
From Anna Maria D’Souza
If you don’t want to risk your money, play the free StreetSage game.
You don’t have to start as a big-cap investor, Michael Stahl (CEO of StreetSage) started with his little family gift; Tim Sykes (Founder of Cilantro Fund) started with his Bar Mitzvah money. The multi-million dollar fund for the Paradise for Senior Citizens in Finland started with 780 Nokia shares.Young Investor
Yes, certainly. Clever investors are good at their daily stock pick. Though not every stock they pick make money, but smart stock pick can certainly change life.
I am going to kick off my successful young investors series by telling this story on how smart stock pick changes life.
I used to work for a Finnish company. Therefore I have some knowledge about Finland where this story originates. It is dramatic, but it is true. Many who had heard this story from me, found it amazing and started to look for ways to improve their stock pick skills and investment strategy.Mysterious Legacy
In 1962, a Finnish businessman named Onni Nurmi died, leaving 780 XXX shares to his home village in his will. Under the terms of Nurmi’s will, the income that they generate is to be used for recreation of the elderly of the municipality of Pukkila, a village about 60 miles north of Helsinki, with fewer than 2,000 inhabitants.
For years, the money went on small treats for the 20 or so elderly residents: marginally better biscuits with the Saturday evening coffee, for instance. Pukkila council, which manages the portfolio, also used the dividends to buy more XXX shares whenever there was a new issue.The Bequest Sharply Rose in Value by 3,000-fold
The value of Nurmi's gift rose from $30,000 in 1962 to $90 million in 2002. The portfolio now holds 800,000 shares of the same stock. Of course, this was by no means its peak. As for Pukkila, it has become the paradise for senior citizens in Finland.Pukkila – Paradise for Senior Citizens in Finland
The bountiful dividends have allowed the local authority to arrange for free taxi rides for all Pukkila residents over the age of 65, as well as free physical therapy, the cleaning of television sets to prevent fires, and all manner of other important services that can be seen to promote the well-being of the local elderly, according to the terms of Nurmi’s will.
Each February the senior citizens of Pukkila gather at the village school to celebrate Onni’s day with a concert.About Onni Nurmi
Onni Nurmi was born just outside Pukkila on October 24, 1885. As a young man, he ran a shop in Pukkila, but the business failed. He borrowed money from his fellow villagers, promising to pay them back with interest as soon as he could, and then, in 1913, alarmed his creditors by leaving suddenly for America. He returned in 1928 as a rich man and paid off all his debts, with humble gratitude and interest included. In 1962 he died, leaving a gift of 780 shares to his fellow villagers.
Nobody knows how Nurmi acquired his wealth in the America. Robbing a bank? Well, not a respectful speculation. I guess he made some smart stock picks at the Wall Street. On his 44th birthday – October 24, 1929 – Wall Street had the most devastating stock market crash in American history. Nurmi returned to Finland just before then and his gift to his fellow villagers was from the stock market. This made me believe firmly that he made his money from his smart stock pick.What Shares Were the 780 Shares?
Everyone who had heard this story came up with the same question. What share were the 780 shares? Answer is: Nokia. A follow up question: Who made that stock pick decision? Well, I guess Nurmi himself.About NokiaNokia makes mobile phones. However few people know what Nokia made before mobile phone was invented.
In the 60s, when Onni Nurmi purchased the shares, Nokia dabbled in cables and tyres but was famous for the manufacture of wellington boots - not a bad business to be in, given the Finnish climate.
In the mid 80s, Onni Nurmi's bequest began to appreciate quite dramatically as Nokia pioneered the car phone market. Its 1984 Talkman became the in-car must-have for the rich and successful. In 1987, in a decisive move away from gumboots, Nokia invented the Cityman, the world's first mobile phone. It was the size of a loaf of bread but, even so, it generated great excitement; Nokia shares began to surge phenomenally, and continued to do so into the 90s, as the company dominated the mobile phone market.
Nokia's net sales were EUR 41.1 billion in 2006, with an operating profit of EUR 5.5 billion.Nokia Stock Price Closing
NYSE – $37.25 – October 2, 2007
NYSE – $19.61 – October 2, 2006Interest Statement: Anna Maria D’Souza is not a shareholder of Nokia.