Mutual Funds For Dummies® - Softcover

Tyson, Eric

Softcover

ISBN 10: 0764571915 ISBN 13: 9780764571916

Publisher: John Wiley & Sons, 2004

Synopsis

Sooner or later, we all need to plan for our financial futures. The rich can afford personal financial advisors to help them out — but what about the rest of us? Offering you instant diversification and low–cost access to some of the best money managers in the business, mutual funds are the great equalizers. The problem is, with 10,000 mutual funds to choose from, even experienced investors can suffer from information overload. To make them work for you, you need expert advice from someone who knows mutual funds inside and out and who understands how they can help you realize your unique financial goals.

Mutual Funds For Dummies, 4th Edition is just the ticket. Written by leading financial journalist and author Eric Tyson, it cuts through mutual fund confusion and shows you how to make your money work harder for you. It quickly gets you up to speed on how to:

• Pick the best funds and avoid the losers
• Avoid common pitfalls
• Assemble and maintain a portfolio
• Select the best stock funds for growth
• Choose bond and money funds for long–term security
• Access mutual fund information online

Mutual Funds For Dummies, 4th Edition offers you a unique opportunity to cash in on the investment savvy of a personal financial expert. Chock–full of useful examples and insider tips of the trade, it helps you navigate the mutual funds landscape and tells you what you need to know about:

• Making sure a fund you like is managed properly
• New tax law changes and new theories on socially responsible investing
• Finding great funds and where to buy them
• Establishing a solid fund portfolio
• Knowing when to sell, buy, or hold
• Understanding tax forms for mutual funds
• Fixing common fund problems
• Making sense of fund ratings
• Investment gurus and financial newsletters
• Money management software, investment research software, and retirement planning software
• Getting information on the Web

Whether you’re growing a retirement nest egg or saving for your kids’ education, you can’t go wrong when you invest in Mutual Funds For Dummies, 4th Edition.

About this title

From the Publisher

Makes mutual funds accessible to all investors.
Jittery investors have been watching the volatile stock markets, listening to today's investing gurus and agonizing over whether to hop into the hottest funds. Rather than follow today's rising star which could become tomorrow's Dow loser, personal finance counselor and bestselling author Eric Tyson reminds investors to look at the long-term picture in MUTUAL FUNDS FOR DUMMIES, 2nd Edition. Having counseled investors for many years, Tyson has seen many costly mistakes that investors made with their savings. He points out ways to avoid these common mistakes, such as: avoid funds with high operating fees, load funds, and novelty funds; pay off your high-interest debts, especially credit cards; keep funding tax-sheltered retirement accounts, like a 401(k) or an IRA.; try to time the market and shift money around frequently; invest in funds that fit your tax status. MUTUAL FUNDS FOR DUMMIES, 2nd Edition is written in a clear, friendly style that makes funds accessible to all investors. It explains how to compare funds to similar peers, how to evaluate tax issues and even how to fill out the application form in the mountain of literature that the mutual fund company sends to prospective investors.

From the Author

A complete reference for mutual fund investors
I hope you have as much fun reading this book as I did in writing it. My challenge was to codify what I've learned counseling clients over the years into a manual that allows investors to understand the fund business lingo and select great funds to meet their needs. I have followed and invested in funds for more than two decades.

For sure, their are too many funds out there which is why this books helps investors to separate the best from the rest. Additionally, the book covers vital financial planning issues which arise when a fund investor chooses funds both inside and outside retirement accounts. Happy reading!

About this edition

• Publisher: John Wiley & Sons
• Publication date: 2004
• ISBN 10: 0764571915
• ISBN 13: 9780764571916
• Binding: Paperback
• Edition number: 4
• Number of pages: 408