Product Description

Praise for Morningstar Guide to Mutual Funds

"Picking actively managed mutual funds is no mean challenge. And as the recent era underscores, past performance is of little help. The Morningstar Guide to Mutual Funds helps cut through the fog with a solid volume of constructive advice. The central message-'truly diversify, keep it simple, focus on costs, and stick with it'-is not only timeless, it is priceless."
-John C. Bogle, founder and former CEO, The Vanguard Group

"There's nothing Morningstar doesn't know about mutual funds. And at last, for ready reference, there's a book. You'll find everything here you need to know about managing fund investments, inside or outside a 401(k)."
-Jane Bryant Quinn, Newsweek columnist and author of Making the Most of Your Money

"All serious mutual fund investors know that Morningstar is the source of impeccable data and sound investment advice. This book is the culmination of nearly two decades of research, analysis, and good old commonsense wisdom."
-Tyler Mathisen, financial journalist, CNBC

"Momentum investing, the hype in NASDAQ, the dot-com mania are mostly behind us. Now, we must navigate through the market debris. We need a compass as we look to allocate our financial resources in a way best suited to maintain purchasing power and fully fund retirement. The Morningstar Guide will help investors find true north and steer a course to reach their long-term financial goals."
-Mario J. Gabelli, Chief Investment Officer
Gabelli Asset Management, a publicly traded company

"A generation of investors who took the stock market for granted now know how important it is to understand-and control-their own investments. The Morningstar Guide should be their most important resource."
-Terry Savage, Chicago Sun-Times financial columnist and author of The Savage Truth on Money

Product Details

• Amazon Sales Rank: #1103612 in Books
• Published on: 2003-12-29
• Original language: English
• Binding: Paperback
• 304 pages

Book Info
Guide offers strategies for investors who want to better understand what makes funds tick and what separates the top managers from the rest of the pack. Softcover.

From the Inside Flap
No wonder mutual funds have become the investment staple for tens of millions of individual investors: Mutual funds offer instant diversification, and there are mutual funds available to suit any investment style or budget. Yet the decision to invest in mutual funds is only the first of many you must make. You still have to determine which funds are best for your risk tolerance and how to combine funds in a portfolio that’s suitable for your goals. With thousands of funds on the market, where do you begin?

Let Morningstar® Guide to Mutual Funds put you on the right path to building a sound, satisfying, and profitable mutual fund portfolio. This straight-talking guidebook gives you the information you need to make intelligent mutual fund choices, all in the independent, easy-to-understand style that has made Morningstar the most trusted and respected name in investment research and information.

Regardless of your investment experience or expertise, Morningstar® Guide to Mutual Funds will show you how to look beyond flashy advertising and often equally flashy (and unsustainable) performance figures to find the funds to fit your needs today and well into the future. Look to Morningstar’s plain-English explanations for:

• Advantages–and occasional disadvantages–of mutual funds versus other types of investments
• Listings of recommended funds for virtually any investment goal, time horizon, and level of risk tolerance
• In-depth explanations of expense ratios, loads, and other fund charges
• Strategies for assessing a fund’s past volatility and evaluating its future risk
• Diversification techniques across investments, asset classes, and subasset classes
• Optimal investment strategies for meeting short-, intermediate-, and long-term goals
• Key points in assessing the quality of a fund’s management

Let Morningstar® Guide to Mutual Funds walk you through the often-intimidating mutual fund selection process, and help you choose the right funds to meet your investment goals, protect your assets in any market environment, and provide you with the safety you need–all with the security of knowing you’re working with Morningstar, the number-one information source for today’s smart mutual fund investor.

From the Back Cover
A BusinessWeek and Wall Street Journal Business Bestseller

Praise for Morningstar^® Guide to Mutual Funds

"The Morningstar^® Guide to Mutual Funds helps cut through the fog with a solid volume of constructive advice."
–John C. Bogle, founder and former CEO, The Vanguard Group

"This book is the culmination of nearly two decades of research, analysis, and good old commonsense wisdom."
–Tyler Mathisen, financial journalist, CNBC

"A generation of investors who took the stock market for granted now know how important it is to understand–and control–their own investments. The Morningstar^® Guide should be their most important resource."
–Terry Savage, Chicago Sun-Times financial columnist and author of The Savage Truth on Money