Paperback: 408 pages
Publisher: John Wiley & Sons; 6 edition (July 13, 2010)
Language: English
ISBN-10: 0470623217
ISBN-13: 978-0470623213
Product Dimensions: 7.4 x 0.8 x 9.3 inches
Shipping Weight: 1.3 pounds
Average Customer Review: 4.5 out of 5 stars See all reviews (57 customer reviews)
Best Sellers Rank: #363,778 in Books (See Top 100 in Books) #67 in Books > Business & Money > Investing > Mutual Funds #976 in Books > Business & Money > Investing > Introduction
I just retired and life has been a whirlwind. I know it;s late to start the investment game and the banks are paying next to nothing on what little money I have. But it is time to make a move and enjoy what so many other brave people have done. I was terrified of loosing what little money I have my cousin gave me the push I needed to get started. He suggested this book and I am so grateful he did. Investing is such a scary thing in todays economy and this book gave me the information I needed to begin playing the game. Mutual Funds for Dummies calmed the fears and was an invaluable took in choosing between minimal and middle of the road risk accounts. I feel confident in my investments and have been watching the money grow over the past week! I'm sure there will be bumps in the road for my investments but so far the accounts I invested in are making profits much more significant than a bank. At the rate my money is compounding I;m sure I can weather a financial storm and still be ahead of the local banks offerings. I wouldn't have made the conservative investments without the information in this book. I would recommend this book to anyone who feels apprehensive about investing outside of their local bank or for beginners of any age.
I originally checked out an older edition of this book from my local library and found it to be extremely helpful. I decided to purchase the latest edition, which covers the 2008 financial crisis.I have worked for 10 years as a 401(k) plan administrator, so I have a decent base knowledge of mutual funds as they relate to retirement plans. I wanted to rollover an old 401(k) account into and IRA and used this book to gather information about the process, fund types and mutual fund companies.Even though I have some background on the subject, I found a lot of very useful information inside and believe that the average person with little or no background would find this book beneficial.
Mutual Funds for Dummies - Eric Tyson As an individual who has traveled down the well trodden pathway of mutual fund investment and have stumbled and admittedly lost my way this book has proved to be extremely valuable. Certainly much of the practical investment psychology offered in this guide is just plain common sense - the one thing that many of us through out the window or never give thoughts too. Let me summarize: determine your goals, study the risks and rewards, steel yourself for the ups and downs of the market, periodically review your investments, made carefully adjustments to your portfolio as required and sit back, take some deep breaths and relax. This is your typical Dummies book as far as basic format is concerned - including those wonderful Tennant cartoons. Author Tyson writes with authority on the subject and provides a mini encyclopedia of mutual fund information that I believe many seasoned and novice investors will find useful.
i like it, its pretty useful, tell you all kinds of mutual funds and risk about them.if you are beginner to mutual funds, this is the book for you
Good general overview of the mutual funds market, how you can trade them, and general concepts around using mfunds for building retirement wealth. I find his "hints" and advice generally solid and truthful about the current online trading market tools and impacts online trading tools have had for the average investor. Honestly a person could mostly learn this same information via Internet sources these days (YouTube, free Investment website videos, etc.) but some of us still enjoy the b&w page flipping method of learning! :-)
I found this book to be very informative. It covered mutual funds of all types as well as basic investing principles. I definitely recommend reading this book before investing in mutual funds. The reason I gave it 4 stars is the lack of updated information. The main area I found this to be a problem was where it talked about money market funds. According to this book, money market funds return about 4%. They return 0.02% these days, making the chapter about money market funds somewhat misleading at the current point in time. This doesn't mean that the book is intentionally misleading, just that what was true of particular funds at the time of its writing is not necessarily true now.
Slower reading because it's a study and learn type book. However it ls full of good, easy to understand, informative information.
Love this book! Great information organized in language any dummy can understand. I feel secure in following my investment brokers advice with respect to how to handle my hard earned 401K portfolio. Sometimes learning you are doing something well is as important as learning something new.
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