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Investment Tips from Young Entrepreneurs

Don't let your age keep you from investing. Just be smart about how and why you do it.

This story appears in the June 2004 issue of Teen Startups.

Martin Thompson, of Englewood, Colorado, and Katie Beeman, of Duluth, Minnesota, have more in common than their age, 22, and earning a wage mowing lawns. At a time when most young adults are tempted to spend all their hard-earned cash buying stuff they want and need, these two entrepreneurs have done something others might find surprising-they've set goals for the future and invested their money toward making those goals a reality.

Smart Man on Campus

Thompson realized at an early age that four years in college would require more than his parents' generosity. To ensure that he could afford the college of his choice, he began mowing lawns and saving birthday money so he could invest in the stock market.

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