Have you ever earned money through allowance, gifts or your own business such as a lemonade stand? Great! Now I would naturally put that money in a high-interest savings account, but I am sure you are thinking about the cool Wii game or iTunes you can get. Before you spend the cash you have, think about investing it instead.

Investing is putting money into something, and hoping to get more money out in the future. When you invest in a business, the business uses your money for things like developing new products, hiring good employees, and growing the business. Your investment helps the business become successful and make more money in the future. Which is good for you, too!

You want to invest in a business you understand such as Nintendo, Disney, Nike, or in my case Scholastic Corporation . If you don't understand the product the business sells then you probably won't be able to decide if this business is going to be successful five, ten, twenty years from now.


Investing should be a long-term strategy. It can take 10, 20 or even 30 years to see a profit from your investment! As Mr. Buffett tells us: "If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes."