Offers advice on investing in mutual funds, discussing risk and asset allocation and winning strategies of professional advisers and managers
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From years of covering the best pros in the business, Mary Rowland has selected what is most worth knowing about investing in mutual funds.Because they are a terrific vehicle for most investors, mutual funds are proliferating rapidly. But with so many offerings, success means hunting down better information, making disciplined choices, and avoiding seductive misconceptions. This book helps with all three. It will equip you to do efficient research, make excellent purchase decisions, allocate your assets wisely, build a portfolio steadily, and periodically rebalance it so it keeps meeting your objectives.A Commonsense Guide to Mutual Funds clarifies the strategies that winning fund managers use to gain the edge in performance. Easy-to-remember DOs and DON'Ts fill in what marketing literature from the fund companies and even ratings in personal finance magazines leave out of the picture.
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