BLACK DIAMOND, WA, April 01, 2009 /24-7PressRelease/ -- Note from Martha Stokes C.M.T & CEO of TechniTrader:

Teen Wall Street Wizard

I am delighted to hear that some of you have young people who are interested in the stock market. Despite all the rhetoric about getting back to being solely a manufacturing nation, we are on a path which I believe can't be altered so that we go in reverse. Manufacturing will always be an important aspect of our economy but I do not believe it will be the primary source of personal wealth for individuals in this country in the decades ahead.

We are moving toward a global marketplace for investing and trading and nothing will stop that, it is like a steady flow of water down a hillside. What this country needs in addition to good education in schools is a sound, practical education in finances and how to invest properly. Financial literacy is critically important to young people today, more so than it was for you and your parents when you were young.

To participate in Teen Wall Street Wizard just click here to link to Alison's blog on Facebook. Please give us an introduction, tell us about yourself, how old you are and why you are interested in learning about the stock market.

Teen Wall Street Wizard is a brand new community service from TechniTrader and we are still working out some of the kinks. We will be adding more graphics, pictures, and text as we get teens and young adults signed up. We will post events and later, printable materials available for teachers who want to have their high school or community college students participate. This is a work in progress that will grow and expand over time.

A question that came to me yesterday:

Opening a broker account when you are still a teen:
It is just like opening a checking account. You must be 18 years old OR your parent must be a custodian for your account, meaning they sign on the account. If you have a minor sign them up for the MyTrack simulator which despite all the new "game simulators" out there is still the one we recommend most. I strongly discourage using the game simulators even though they are free and are everywhere on the Internet.

Young adults and teens must not start out their investing career thinking of the stock market as a game; it is no game. Nor is it gambling. So everything you do should be taken as seriously as you would when you helped them open their first checking account or when they got their first credit card. It should be all about teaching them financial literacy and responsibility.

Alison's blog will show young people how to invest with new postings and education about the stock market on her blog as we go along. Alison is using her own words to teach other teens what she has learned. This I feel is the best way to reach young people and get them interested in stocks. As time permits we will expand this community service to include training materials for high school and community college teachers.
So, when your teen or young adult is ready, send them to: http://www.facebook.com/n/?pages/Teen-Wall-Street-Wizard/69788595344&mid=234

About TechniTrader

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http://www.technitrader.com

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