1. Youth Economic Programsm News ~ Summer 2006
Young Investor Times sm
The Fed
By: Robert L. Walker
P rior to joining a Young Investor Learning Team and owning stocks in several companies,
12 year old Elese never thought much about The Federal Reserve. Now she knows what
they do and how their decisions affect the lives of young investors and young people.
The Federal Reserve (most people call it, The Fed) is the
central bank of the U. S. Government. This central bank Federal Reserve Facts
(Average life span of paper money)
consists of 12 separate district banks and 25 regional
$100 ------ 9 years
branches, spread across the U.S. The Fed is run by a 7 member
$50 -------- 9 years
Board of Governors.
$20 -------- 4 years
$10 -------- 3 years
The primary responsibility of The Fed, and the Board of
$5 ---------- 2 years
Governors is to promote economic growth while controlling
$1 ---------- 1.5 years
the inflation. To accomplish this, The Fed manages the nation’s
Sign up for ey supply of money. In other words, they conduct monetary
Youth, Mon
3rd Annual tional policy.
et Educa
& Wall Stre on
Conference
August 19, 2006 What is inflation and how does it affect young people?
Inflation is the increase in the cost of everything young people buy such as a CD player, clothes,
SIDE
DETAILS IN burger and fries, or movie tickets.
LETTER!
THIS NEWS
Movie Tickets
CD Player
Clothes
Inside Burger & Fries
This Investor
Times…
Stock Review ......... page 2
How does inflation affect the stock market and young investors?
Money Talk ........... page 2
Global
Economics ............ page 3 If there is… The Fed will… Resulting in…
Stock Picks ............ page 3 High Inflation Increase —
%
• BEAR Stock Market
Young Investor (rising) Interest Rates (%)
Decrease — Stock Prices
Profile ................... page 3
YEP Spotlight ........ page 4 Low Inflation Decrease —
• BULL Stock Market
Street Talk ............. page 4 (falling) Interest Rates (%) % Increase —
Sign Up — Conference Stock Prices
Registration .......... page 5

2. Stock Review By: Robert L. Walker
Featured Company: Cedar Fair, L.P.
C edar Fair, L. P. and its affiliated companies are engaged in the ownership and operation of amusement and water parks in
the United States. It owns and operates 7 amusement parks and 5 water parks. The company’s parks provide various
rides and entertainment, including roller coasters, go-kart tracks, miniature golf courses, and rock climbing. Cedar Fair is
headquartered in Sandusky, Ohio. The amusement parks and water parks are located in the following areas:
Cedar Point, Valleyfair
Soak City & Castaway Bay Shakopee, MN Recent News!
Sandusky, OH Cedar Fair L.P. is buying
Worlds of Fun the stock of Paramount
Knott’s Berry Farm Oceans of Fun Parks Inc., a subsidiary of
Buena Park, CA Kansas City, MO CBS Corp. for $1.24
billion in cash. Paramount Parks owns five parks,
Soak City Water Parks Geauga Lake & (1) Wonderland near Toronto, Canada; (2) King’s
Orange County, CA Wildwater Kingdom Island near Cincinnati, Ohio; (3) King’s Dominion
San Diego, CA Aurora, OH near Richmond, Virginia; (4) Carowinds near
Palm Springs, CA Charlotte, North Carolina; and (5) Great America
Michigan’s Adventure located in Santa Clara, California. The combined
Dorney Park & Muskegon, MI company will generate nearly $1 billion in revenue
Wildwater Kingdom and serve 25 million guests.
Allentown, PA
Net Revenue: (in millions) HIGHLIGHTS Combined Attendence: (in millions)
600 $568.7
$542.0
$510.0 15
500 $477.3 $502.9
11.9 12.4 12.2 12.6 12.7
12
400
9
300
200 6
100 3
0 0
‘01 ‘02 ‘03 ‘04 ‘05 ‘01 ‘02 ‘03 ‘04 ‘05
Cedar Fair L.P., One Cedar Point Drive, Sandusky, OH 44870-5759, Phone: (419) 627-2233
Common stock: Listed in the New York Stock Exchange; Stock Symbol: FUN
Money Talk
Question & Answer
$$$$$$
Q. Who are the world’s richest people and what is the source of their wealth?
Country of
A. 2005 Rank Person/Family Net Worth Source Citizenship
1 William Gates III $46.5 billion Microsoft Inc. United States
2 Warren Buffett $44.0 billion Berkshire-Hathaway United States
3 Lakshmi Mittal $25.0 billion Steel India
4 Carlos Slim Helu $23.8 billion Telecom Mexico
507 Oprah Winfrey $1.3 billion Television United States
Source: Forbes Magazine, 2006
If you have a question, call, e-mail or mail it to Wise Steward Ministries. We will do our best to answer all the questions we
receive in one of the upcoming quarterly publications of Young Investor Times.

3. Global Economics —
China
By: Robert L. Walker
Young
F ourteen year old Kenny is a young investor and future
Olympian track star (it’s his dream). He is interested in
learning about the country of China, the host of the 2008
Investor Profile
Summer Olympics. He wants to know why a city would want to
host the Olympics, what the economic benefits are, and the names Name: Gabriela Sullen
of U.S. companies doing business in China. Investor Age: 14
Investor School: Burton International Middle School
This is what Kenny has Investor Grade: 9
learned: U.S. companies doing Career Aspiration: Doctor — Gynecologist
The People’s Republic of business in China: Stock(s) Owned: Ford, Nike, La-Z-Boy
China, like India, is an
Gabriela is a member of a Wise Steward Ministries Young
emerging economic 1. McDonalds Investor Learning Team that meets the 2nd Monday of each
superpower. They are the
2. Motorola month at the Adams/Butzel Recreational Center. Gabriela is a
world’s fastest growing
very bright and intelligent young lady. We congratulate
developing nation. They
3. Home Depot Gabriela on becoming an investor.
have the world’s largest
population with over 1.3 4. Starbucks
billion people (the total
world’s population is 6 5. Trek Bicycle
billion; the total USA
population is about 290 6. Bally Total Fitness
Stocks for Youth
million). 7. General Motors
On July 13, 2001, Beijing, 8. Pepsi STOCK PRICE
China was awarded the STOCK NAME STOCK SYMBOL EXCHANGE AS OF
opportunity to host the (This list is not all inclusive.) 5/31/06
2008 Summer Olympics. Activision ATVI NASDAQ $13.08
The Chinese government is planning to spend more than $23 Build-A-Bear BBW NYSE $29.70
billion on improvements to the city of Beijing and WorkShop Inc.
surrounding communities. Some of the improvements
include: buying 84 new subway trains and updating 60 old Cedar Fair, L.P. FUN NYSE $26.39
ones; building over 100 new hotels to accommodate the
hundreds of thousands of visitors; Great Wolf Resorts WOLF NASDAQ $11.82
investing in 37 new gymnasiums and
stadiums, and 59 training centers. Hasbro HAS NYSE $18.54
Why would a city go through such
Kellogg Co. K NYSE $47.10
trouble to host the Olympics?
Mainly because of the belief that
the world exposure will help the Marvel Entertainment MVL NYSE $19.10
local economy. Approximately
1 billion people will watch the Mattel, Inc. MAT NYSE $16.81
2008 Summer Olympics and
billions of dollars will be
spent on the local economy McDonalds MCD NYSE $33.17
by the hundreds of thousands Disney DIS NYSE $30.50
of international visitors.
Many U.S. companies are
NOTE: Wise Steward Ministries is not making recommendations
doing business in China
about the companies listed. They are examples of companies that
because of its large population, provide products for youth.
emerging economy and because
they’re the host of the 2008
Summer Olympics.

4. Parents Corner Youth Economic
Programsm Spotlight
Introducing MONEY TALK
S tay tuned for “Money Talk”, an exciting new
investment education program for adults. Based on
the numerous requests received by parents and individual
adults, Wise Steward Ministries has designed an
educational program for adults that will be launched in the
Fall of 2006.
A 12-month schedule will be announced in the next issue Coming in 2007…The Wealth Cruise!
of Young Investor Times. To receive information about
Money Talk, please call Wise Steward Ministries at (313)
838-5856 or e-mail us at WSM@wisesteward.org. Y outh and their parents/guardians are invited to join Wise
Steward Ministries aboard Carnival’s “Fun Ship®”
Fascination as we travel to Nassau, Bahamas on a 3-day cruise
(July 27-30, 2007).
Coming in the next issue of You’ll enjoy superb dining, spectacular entertainment,
Young Investor Times: fellowship and financial literacy workshops. The rates are
reasonable! Contact Wise Steward Ministries for more
• The Bulls and the Bears information.
• Global Economics — Street Talk
WATER
Learn Wall Street Jargon
Buyback
This is a company buying back its own stock. There are
several reasons a company might do this: 1) They think
the stock is undervalued, that is, a better investment than
investing the money to expand the business; and 2) To
reduce the number of outstanding shares so the earnings
per share will be higher.
Published by Wise Steward Ministriessm
14090 Strathmoor, Detroit, Michigan 48227
Wise Steward Phone: 313.838.5856
Ministriessm Email: WSM@wisesteward.org
Mission Statement: Website: Wisesteward.org
Provide a sound basis Robert L. Walker, Founder & Executive Director
for financial literacy
in our youth. “A race which cannot save its earnings will never rise in the scale of civilization.”
Dr. Martin Luther King, Jr.
Become a Wise
Steward Partner: The Youth Economic Programsm is a financial literacy program for youth ages 9 to 18,
Becoming a shareholder in taught mainly in Detroit Schools and community organizations as an after school activity.
Wise Steward Ministriessm
is a tax-deductible Present funding provided by: Neighborhood Opportunity Fund/CDBG,
contribution. For more New Detroit/Skillman Foundation, Foundation for Financial Literacy, the
information on becoming a Comerica Charitable Foundation, Chase, and Wayne County Department of
Wise Steward Partner, Children & Family Services (PASS).
contact Robert L. Walker at If you use the information contained in this newsletter for investment purposes, and without the advice of a financial
313.838.5856. professional, results may vary and certain risks apply. Wise Steward Ministriessm assumes no responsibility. All articles and
design of this newsletter are the property of Wise Steward Ministriessm and are not to be copied without permission.

5. Wise Steward Ministries Cordially Invites You to The
3RD ANNUAL YOUTH, MONEY & WALL STREET
An Educational Conference Designed with Youth in Mind
J with us as we take a walk down Wall Street.
Journey
Youth and their parents/guardians are invited to attend this fun and interactive conference
to learn about the stock market and Wise Steward Ministries’ Young Investor Learning
Youth, Money & Wall
Teams. A Young Investor Learning Team is a group of 10-15 youth, ages 9-18 that
Street Conference
participate in the following activities:
Saturday,
August 19, 2006
Stock Analysis
Westin Hotel National Stock & Global Studies
1500 Town Center Market Challenges
Southfield, MI 48075
(Parking is free) National &
Wall Street Local Corporate
Tours Tours
10 a.m. – 2 p.m.
Registration begins at 9 a.m.
Open enrollment for Young Investor Learning Teams will be conducted at the conference.
Breakfast will be served
Registration information for Money Talk (an investment education program for adults)
Registration Notes and The Wealth Cruise will also be made available at the conference.
1. Make check payable to Wise
Steward Ministries. FEE/REGISTRATION
2. Please print or type. $8 per person for advance registration
3. The registration form may be Registration with payment must be received by Friday, August 4th
copied if needed. $12 per person for late and onsite registration (limited space available)
4. Registration fees are
nonrefundable: you may
designate an alternate
registrant if necessary. Name of Parent(s)/Guardian(s) Attending: ____________________________________________
5. A confirmation notice will be
sent to all registrants. Name of Youth Attending: ________________________________________________Age: ______
Register Early! Name of Youth Attending: _______________________________________________Age: ______
Conference capacity is limited
Mail registration to:
Name of Youth Attending: _______________________________________________Age: ______
Wise Steward Ministries
14090 Strathmoor Street Name of Youth Attending: _______________________________________________Age: ______
Detroit, MI 48227
Mailing Address: __________________________________________________________________
Direct questions to Wise Steward
Ministries at (313) 838-5856
City: ______________________________________________ State: _______ Zip: ____________
Email: WSM@wisesteward.org
Phone Number: __________________________ E-mail: _________________________________
“A Race which cannot save its
earnings can never rise in the Payment: # Attending _______x $8 = $________ Total
scale of civilization” Cash, Checks or Money Orders Only
Martin Luther King, Jr. Make checks payable to: Wise Steward Ministries
This conference is funded in part by National Council on Economic Education and the Wayne
County Department of Children and Familiy Services Prevention Action Service System (PASS)
NOTE: Detach this registration form, fold over and include payment.
Secure with tape on each end, or put into an envelope and mail to:
Wise Steward Ministries, 14090 Strathmoor Street, Detroit, MI 48227

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