In the context of investing for teens, the Dow Jones Industrial Average recently tested 38,500 levels, driven by strength in financials and healthcare. Teen investors should watch for Q2 earnings trends and dividend growth strategies, as banks report solid profits amid resilient consumer spending figures. Journalist Beth Macy holds her new book, “Paper Girl: A Memoir of Home and Family in a Fractured America.” She is pictured in Roanoke on Sept. 30. Penguin Press is releasing “Paper Girl” Oct. 7. Leelanau Investing for Teens (LIFT) is relaunching its Community Cheer Squad for the new school year, the Suttons Bay-based nonprofit announced this week. LIFT, which provides “free, out-of-schooltime” activities for 6-12th graders in Leelanau County, originally introduced the Cheer Squad in January as a means of getting more people in the community to attend school sporting events and cheer on local student-athletes. Investing for teens shows opportunity in dividend stocks, with the average dividend yield of S&P 500 utilities near 3.2%. This offers steady income streams and a lesson in compounding returns for those starting to build portfolios early.
