Cover image for Mutual funds for dummies
Mutual funds for dummies
Tyson, Eric (Eric Kevin)
Personal Author:
Fourth edition.
Publication Information:
New York, NY : Wiley Pub., [2004]

Physical Description:
xxiv, 380 pages ; 24 cm.
Format :


Call Number
Material Type
Home Location
Item Holds
HG4930 .T97 2004 Adult Non-Fiction Non-Fiction Area
HG4930 .T97 2004 Adult Non-Fiction Non-Fiction Area
HG4930 .T97 2004 Adult Non-Fiction Open Shelf

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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.

Author Notes

Jim Collins holds B.S. and M.B.A. degrees from Stanford University. A visiting professor of business administration at Stanford Graduate School of Business, he is a management consultant. He has written several articles for the Harvard Business Review, Inc., Fortune magazine, California Management Review and Stanford Magazine.

He is the co-author of Built to Last: Successful Habits of Visionary Companies; Managing the Small to Mid-Sized Firm: Readings, Cases and Instructor's Manual; Beyond Entrepreneurship; and Great by Choice. He has also worked with Hewlett Packard and McKinsey & Co.

(Bowker Author Biography)

Table of Contents

Forewordp. xxiii
Introductionp. 1
What's New in This Editionp. 1
How This Book Is Differentp. 2
Foolish Assumptionsp. 3
How This Book Is Organizedp. 4
Icons Used in This Bookp. 5
Where to Go from Herep. 6
Part I Mutual Funds: Sharing Risks and Rewardsp. 7
Chapter 1 Making More with Less Risk: The Goal of Investingp. 9
Introducing Mutual Fundsp. 9
Making Sense of Investmentsp. 10
Counting the Major Investment Optionsp. 13
Reviewing Important Investing Conceptsp. 20
Chapter 2 Mutual Funds: Advantages and Disadvantagesp. 25
Getting a Grip on Mutual Fundsp. 25
Why Should I? Opting for Mutual Fundsp. 29
Addressing the Drawbacksp. 37
Chapter 3 Evaluating Alternatives to Mutual Fundsp. 41
Choosing Your Own Stocks and Bondsp. 41
Pulling the Mask Off Fund Look-Alikesp. 50
Reviewing Managed Investment Alternatives to Mutual Fundsp. 53
Chapter 4 Fitting Funds into Your Financial Futurep. 57
Before You Investp. 59
Accomplishing Your Goals with Mutual Fundsp. 64
Chapter 5 Finding the Best Fundsp. 75
Evaluate Gain-Eating Costsp. 75
Weighing Performance and Riskp. 85
Recognizing Fund Manager and Fund Family Expertisep. 90
Reading Prospectuses - the Important Stuff, Anywayp. 91
Reviewing Annual Reportsp. 105
Chapter 6 Buying Funds from the Best Firmsp. 113
Places to Pass Byp. 113
Going with the Good Guysp. 116
Discount Brokers: Mutual Fund Supermarketsp. 122
Deciding Whether to Hire an Advisorp. 127
Part II Establishing a Great Fund Portfoliop. 133
Chapter 7 Constructing a Fund Portfoliop. 135
Asset Allocation: An Investment Recipep. 136
Taxes: It's What You Keep That Mattersp. 141
Fund Investing Strategiesp. 146
Putting Your Plans into Actionp. 150
Chapter 8 Money Market Funds: Beating the Bankp. 157
Money Market Funds 101p. 158
Choosing a Great Money Market Fundp. 167
Finding the Recommended Money Market Fundsp. 170
Chapter 9 Bond Funds: When Boring Is Beautifulp. 175
Understanding Bondsp. 175
Sizing Up a Bond Fund's Personalityp. 177
Investing in Bond Fundsp. 184
Recommended Bond Fundsp. 190
Exploring Alternatives to Bond Fundsp. 197
Chapter 10 Stock Funds: Meeting Your Longer-Term Needsp. 203
The Stock Market: A Place to Grow Your Moneyp. 204
Going the Mutual Fund Route: Stocks in Fundsp. 207
The Best Stock Funds Worth Investing Inp. 212
Matching Morals to Investments: Socially Responsible Fundsp. 228
Chapter 11 Working It Out: Sample Portfoliosp. 231
Getting Startedp. 232
Changing Goals and Starting Overp. 241
Dealing with a Mountain of Moolap. 249
If You Get Stuckp. 252
Chapter 12 Applications, Transfers, and Other Useful Formsp. 255
Taking the Nonretirement Account Routep. 255
Heading South: Retirement Accountsp. 264
Investing on Autopilotp. 271
Finding Help for a Smoking Brainp. 272
Part III Keeping Your Fund Portfolio Currentp. 273
Chapter 13 Evaluating Your Funds and Adjusting Your Portfoliop. 275
Deciphering Your Fund Statementp. 276
Interpreting Discount Brokerage Firm Statementsp. 279
Assessing Your Funds' Returnsp. 280
Deciding Whether to Sell, Hold, or Buy Morep. 289
Tweaking Your Portfoliop. 291
Chapter 14 The Taxing Side of Mutual Fundsp. 293
Mutual Fund Distributions Form: 1099-DIVp. 294
When You Sell Your Mutual Fund Sharesp. 298
Retirement Fund Withdrawals and Form 1099-Rp. 304
Chapter 15 Common Fund Problems and How to Fix Themp. 309
Playing the Telephone Gamep. 309
Dealing with Messed-Up Deposits and Purchasesp. 310
Specifying Funds to Buy at Discount Brokersp. 311
Making Deposits in a Flashp. 312
Verifying Receipt of Depositsp. 312
Transferring Money in a Hurryp. 313
Losing Checks in the Mailp. 314
Changing Options After You Open Your Accountp. 314
Making Sense of Your Statements and Profitsp. 315
Changing Addressesp. 315
Finding Funds You Forgot to Move with Youp. 315
Untangling Account Transfer Snagsp. 316
Eliminating Fund Marketing Solicitationsp. 317
Digging Out from under All Those Statementsp. 318
Getting Older Account Statementsp. 318
Part IV Evaluating Information and Advicep. 319
Chapter 16 Fund Ratings and Forecastersp. 321
Avoiding the Bad Stuffp. 321
Mutual Confusion: Misuse of Fund Ratingsp. 326
Getting in on the Good Stuffp. 328
Chapter 17 Harnessing Your Computer's Powerp. 335
It's All in the Computer: Softwarep. 336
Entering Cyberspace: Internet Sitesp. 338
Part V The Part of Tensp. 343
Chapter 18 Ten Common Fund Investing Mistakes and How to Avoid Themp. 345
Chapter 19 Ten Fund Investing Fears to Conquerp. 349
Chapter 20 Ten Tips on Hiring a Financial Advisorp. 353
Appendixp. 361
Indexp. 363