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Daniel’s question a few days ago - about the 1960s kids’ book with “invisible dust” - got me thinking. I remember the grammar school book-buying program Daniel mentions - I think that may have been where I found the book I’m looking for here:

I think the title was “I was a Teenaged Millionaire” or something similar. The narrator was a young teenaged boy. I’m pretty sure the stories were set in the 1930s, because I remember the narrator’s dad encouraged him to “invest” in the stock market, but the boy really just bought stocks because he thought the stock certificates looked cool. He would pin the certificates up on the walls of his bedroom. After the stock market crash, his dad gets angry and says (paraphrasing) “You had a small fortune here, but now these certificates aren’t even worth anything as wallpaper!”

There’s another story about the narrator’s confrontation with a bully. He says (paraphrasing again) “I knew eventually I was going to have to fight (character name).” He ends up digging a pit and setting it as a trap for the bully. The bully falls into the pit - possibly full of mud or slime.

I think the book was a collection of stories like this - all based on the narrator's adventures - but this is all I can remember. I either bought it in the book program Daniel describes, or maybe I borrowed it from the school library. In either case, this would have been in the very early 1970s.

I don’t think it’s Robert McCloskey, but from what I remember the style is similar.

I thought I was fairly certain about at least the gist of the title, but a Google book search for this (and several variations) turned up nothing. Any ideas?

Edit/Update As I think more about it, I suppose it's possible that "Teenage Millionaire" might have been the title of one of the stories, and not of the book itself. I also think it was probably intended facetiously, maybe referring to his failed stock market adventure. He doesn't seem well-to-do in the other stories.

If it's not the book's title, of course it gets a lot harder to track down.

Update/Bounty As the bounty tag says, I want to call attention to this question. It's possible the only way to identify this is to reach someone else who read it way back when and has a better memory than I do.

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    I've read one book about a teenaged millionaire, but it doesn't match your description. Might help if you can somehow search for similar things to a given book though.
    – Rand al'Thor
    Dec 23 '20 at 14:58
  • I read it too—many times & am surprised I can’t track it down. His dad bought him the sticks but liked the pictures on the certificates. Another story is about going to a wedding on behalf of his parents and accidentally going to a funeral instead. Great book of short stories.
    – Mark Terry
    Sep 11 at 0:14
  • I found the link you posted below. Thanks again! Sep 12 at 11:44
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Got it: Roger Eddy's The Worldly Adventures of a Teen-age Tycoon.

One of the Goodreads reviews mentions:

Most of the stories are long forgotten but the one where our hero starts collecting stocks because he likes the artfully engraved certificates is something I'll always remember. The boy proudly posted each of his stock certificates on his bedroom wall. The boy was overjoyed when the market crashed as he was able to buy more and more different companies and his collection grew and grew.... until his stockbroker father came home and "lost it" ripping up all the worthless paper that his son had collected.

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  • Hi and thank you for posting an answer. Since you are a new contributor, you may not be familiar with our criteria for good answers. One of these is that answers should contain more than just a link. In answers to identification requests, we add the full title, the author and the year of publication of the work and show how its content matches the elements mentioned in the question. Could you please edit your answer to add that information? That would significantly improve it and earn you a few upvotes.
    – Tsundoku
    Sep 11 at 9:35
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    Your answer could be improved with additional supporting information. Please edit to add further details, such as citations or documentation, so that others can confirm that your answer is correct. You can find more information on how to write good answers in the help center.
    – Community
    Sep 11 at 10:06
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    @Mark Terry - don't be too put off about Tsundoku's post. Your answer was plenty good enough! I went to the link you posted, read the description - and sure enough - that's the book. Amazon says the copy I ordered should be here by Friday. Thank you so much!!! I've been looking for this one for decades! Sep 12 at 11:39
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    Congrats on finding this! I've edited your answer to make it a bit more clear and future-proof, including the actual title and author and some confirming evidence that this story matches the description in the question. This is the kind of thing we normally expect from story-ID answers :-)
    – Rand al'Thor
    Sep 12 at 11:52
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This might be Jean Merrill's Toothpaste Millionaire. From the blurb on Goodreads:

Sixth-grader Rufus Mayflower doesn't set out to become a millionaire. He just wants to save on toothpaste. Betting he can make a gallon of his own for the same price as one tube from the store, Rufus develops a step-by-step production plan with help from his good friend Kate MacKinstrey. By the time he reaches the eighth grade, Rufus makes more than a gallon -- he makes a million! This fun, breezy story set in 1960s Cleveland, Ohio contains many real-life mathematical problems which the characters must solve to succeed in their budding business.

Searching in Google Books gave a few snippets about stock certificates; it seems that the boy millionaire Rufus had a "game" called Stock Market in which he paid his helpers with real money but didn't use real stock certificates. He got investigated by the authorities for this, but they found he hadn't cheated anyone or done anything wrong:

Rufus's toothpaste had in it exactly what he said it did. And every stockholder had been paid his fair share of the profits, even if the stock certificates weren't the real thing. So Rufus couldn't be found guilty of fraud. Only of not filling out certain forms in a certain way.

An image from the book, in case it helps to jog your memory:

enter image description here

The viewpoint character of the story is not Rufus himself but his friend Kate. It was first published in 1972.

I found this by searching the web for short story "teenage millionaire" bully which directed me to this Wikipedia page for a television series, with one episode based on this eponymous Merrill story. It aired on 27 November 1974.

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  • Thanks for the suggestion, but I don’t think this is it. I looked it over on Goodreads - sounds like a cute book, but not the one I remember. 1.) I don’t remember toothpaste mentioned at all in the story I remember - sounds like that’s the main focus of this book. 2.) I’m sure the story I remember was narrated by the protagonist himself - sounds like this one is told from his female friend’s POV. 3.) Pretty sure the stock certificates in the story I remember were actual certificates, not something he printed himself. Thanks again for the effort. Dec 28 '20 at 23:15
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It might be helpful to have a list of things that it is probably NOT:

  • It Isn't Easy Being a Teenage Millionaire, by Joan L. Oppenheimer (1978, Scholastic). "At the beginning of the book, life is a big bore for Lissa. Nothing exciting ever happens and there's nothing much to look forward to. Then she wins a million dollar lottery and she thinks life will be great, but it's not..." (https://www.newspapers.com/newspage/472030594/) Note: Scholastic is/was a publisher of paperback books for kids; the books are/were sold primarily through schools and book fairs. There was also an Afterschool Special with this same title and plot: https://www.imdb.com/title/tt0206835/
  • Teenage Millionaire, a 1961 movie: "A teenager whose father is a millionaire radio station owner secretly records a song and plays it on one of his father's stations. It becomes a hit. Then he falls in love with a girl..." https://www.imdb.com/title/tt0056563/
  • "Teenage Millionaire," a 1966 song (words Bruce Morgan, music Art Guy). https://archive.org/details/catalogofco1966320512lib/page/2038/mode/2up?q=%22teenage+millionaire%22
  • "Teen-age Millionaire," a 1962 "farce comedy in three acts by Robert St. Clair": https://archive.org/details/catalogofcopyrig31634libr/page/98/mode/2up?q=%22teen-age+millionaire%22
  • "A Boy Stock Broker, or From Errand Boy to Millionaire," published in Fame and Fortune Weekly on May 22, 1908. Bob Bradshaw is a teenaged errand boy for a Wall Street firm who keeps overhearing traders discussing hot stocks. He buys some stock on margin, the stock goes up, Bob sells at the right time and makes a little money, and this cycle repeats until Bob is worth over a million dollars. Bob doesn't have a father but a guardian, who is keeping two stock certificates that Bob inherited in his (the guardian's) safe. Bob doesn't lose money in this story, and there's no mention of certificates good only for wallpaper. https://digital.lib.usf.edu/SFS0050196/00125
  • Tom Swift is a boy inventor whose dad is a millionaire, and the Tom Swift stories are about the right vintage (1954–1971), but I didn't find one with stock certificates.

One remote possibility is Dick Hamilton's Fortune: The Stirring Doings of a Millionaire's Son, published around 1910. Dick Hamilton is another millionaire's son who featured in a series of books for young people. In Dick Hamilton's Fortune, Dick has inherited some wealth from his late mother. He attempts to invest in land, but loses money, and later attempts to purchase stock certificates but they turn out to be fake. His father gives him advice, but there's no mention of wallpaper.

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  • You’re right - identifying things it’s not might also be of some use. As you probably suspect, none of these really ring a bell. I’m sure I read it in grade school in the early 70s - so it would have to have been published sometime earlier. I’m certain it was written material - a book or collection of short-stories - so not a movie or a song. The Scholastic Publishing clue might lead somewhere. Thanks. I appreciate your effort. I'll look into some of the things you've suggested. Jan 1 at 2:49

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