Mutual Funds Books

Mutual Funds For Dummies, 5th edition

Eric Tyson

Amazon Price: $13.59 List Price: $19.99 Usually ships in 24 hours By: For Dummies Amazon Marketplace: 53 new & used starting at $9.00

Buy at Amazon.com

Browse similar items by category:
Subjects -> Business & Investing -> Popular Economics -> General
Subjects -> Business & Investing -> General
Subjects -> Business & Investing -> Industries & Professions -> Accounting -> General

Customer Reviews:
Total reviews: 57 Average rating: 4.5 of 5

Great Book - not just for adults 5 out of 5 stars.
1 of 2 people found this review helpful.

This is a wonderful book for anyone wanting to know more about investing their money and managing finances. I believe it is a wonderful gift for teenagers and college students as most of us do not learn these things in grade school. It's an easy read and can be used as a reference when the young adult starts making their own income and has questions on what to do with it.

Editorial Review:

Expanded coverage of ETFs, fund alternatives, and Internet research

Cash in on the latest wealth-building techniques with America's #1 best-selling mutual fund book

Want to make the most of mutual funds? Personal finance expert Eric Tyson shares his time-tested investing advice, as well as updates to his fund recommendations and revised coverage of tax law changes, in this user-friendly resource. Sample fund portfolios and updated forms show you exactly how to accomplish your financial goals.

• Pick the best funds and avoid losers

• Assemble and maintain a portfolio

• Evaluate your funds' performance

• Track and invest in funds online

• Fix common fund problems

The ETF Book: All You Need to Know About Exchange-Traded Funds

Richard Ferri

Amazon Price: $19.77 List Price: $29.95 Usually ships in 24 hours By: Wiley Amazon Marketplace: 39 new & used starting at $16.52

Buy at Amazon.com

Browse similar items by category:
Subjects -> Business & Investing -> Popular Economics -> General
Subjects -> Business & Investing -> General
Subjects -> Business & Investing -> Investing -> General

Customer Reviews:
Total reviews: 17 Average rating: 4.5 of 5

Point of contention 2 out of 5 stars.
4 of 7 people found this review helpful.

The book is a good reference and overview of the different asset classes available in Exchange Traded Funds. However, his opinion on commodities is difficult to justify. He calls it "As Asset Class with No Real Return." Really? Where has he been these past 5 years. Just because an asset class underperforms other asset classes in the past is not a guarentee of future (poor) returns. One needs to consider hedging against currency mismanagement and inflation. Also, the future may be different than the past now that India and China are demanding more commodities in an unprecendented way. I think the book is a good one to take out of the library, but probably would not purchase the book. It certainly provides much information on the menu of investments available via ETFs.

Editorial Review:

Written by veteran financial professional and experienced author Richard Ferri, The ETF Book gives you a broad and deep understanding of this important investment vehicle and provides you with the tools needed to successfully integrate exchange-traded funds into any portfolio. Each chapter of The ETF Book offers concise coverage of various issues and is filled with in-depth insights on different types of ETFs as well as practical advice on how to select and manage them.

All About Asset Allocation

Richard A. Ferri

Amazon Price: $13.57 List Price: $19.95 Usually ships in 24 hours By: McGraw-Hill Amazon Marketplace: 46 new & used starting at $9.06

Buy at Amazon.com

Browse similar items by category:
Subjects -> Business & Investing -> Popular Economics -> General
Subjects -> Business & Investing -> General
Subjects -> Business & Investing -> Investing -> General

Customer Reviews:
Total reviews: 28 Average rating: 4.5 of 5

Taking asset allocation to the next level 5 out of 5 stars.
3 of 4 people found this review helpful.

Discover how to make your portfolio hit the sweet spot. This book takes your investing to the next level --- the winning level.

I got a lot of valuable information from this book. For one thing, it deals with the allocation of the fixed income portion of the portfolio --- something no other book that I'm aware of has done. And this is important.

There's really nothing that this book doesn't cover when it comes to asset allocation. It certainly helped me to get my own portfolio back in shape.

It talks about your real tolerance for risk --- not those that you get from tests. It says that most of us have less tolerance than we admit. I think that's true. We talk like we can handle a lot of risk when in truth, we can't. This is good to know.

Asset allocation is a critical part of investing. It doesn't matter if you're a small investor or a big one. You need help with asset allocation. And you can't depend on the pros to give you any help.

If you invest at all, you should read this book and keep it handy. You'll need it to guide you from time to time when you reallocate --- as you should and as you need to.

The book talks mostly in terms of index funds. But it can be used for any sort of investing. It's especially helpful, however, for those who invest in index funds, mutual funds and etf accounts.

The one thing the book seemed to lack was an explanation as to how exactly diversification spreads or, one should say, lessens the risk and how each allocation does so.

Editorial Review:

All About Asset Allocation goes beyond sound-bite financial columns and TV programs to explain asset allocation in terms that anyone can under- stand. Using a concise style, it features straight- forward explanations of asset allocation, a review of the asset allocation process, and guidelines for implementing strategies and programs.

iMoney: Profitable ETF Strategies for Every Investor

Tom Lydon, John F. Wasik

Amazon Price: $17.15 List Price: $25.99 Usually ships in 24 hours By: FT Press Amazon Marketplace: 27 new & used starting at $16.65

Buy at Amazon.com

Browse similar items by category:
Subjects -> Business & Investing -> Popular Economics -> General
Subjects -> Business & Investing -> General
Subjects -> Business & Investing -> Investing -> General

Customer Reviews:
Total reviews: 19 Average rating: 4.5 of 5

ETF Strategies 5 out of 5 stars.
2 of 10 people found this review helpful.

This book is perfect for students of the ETF market.
The ETF is a close cousin of the mutual fund.
The acquisition would be helpful because there are
pitfalls inherent for ETF investments. Despite these issues,
the instrument is easy to trade, low cost and a
known quantity. Examples of classic ETF investments are:

o FXI-China large cap ETF
o OIH in the oil/energy sector
o GLD- gold ETF
o SLV- silver ETF
o GDX for mining ETFs
o USO for oil

The authors advise to buy ETFs where movement or
turning points are expected. The standard deviation
measures risk levels. An R squared of 85-100 is
considered a good statistic. A strength of the work
is that the author provides important statistical
yardsticks for comparison purposes.

The basic choices with an ETF are to buy, hold,
rebalance the portfolio and avoid market noise.
The buying decision is dispositive in profit
determination and little else according to the authors.
Consumers would benefit from a basic knowledge of
statistics in order to read this book and fully
understand the contents.

All About Index Funds (All About)

Richard A. Ferri

Amazon Price: $12.89 List Price: $18.95 Usually ships in 24 hours By: McGraw-Hill Amazon Marketplace: 43 new & used starting at $9.10

Buy at Amazon.com

Browse similar items by category:
Subjects -> Business & Investing -> Popular Economics -> General
Subjects -> Business & Investing -> General
Subjects -> Business & Investing -> Investing -> General

Customer Reviews:
Total reviews: 18 Average rating: 5.0 of 5

Editorial Review:

All The Tools and Techniques You Need to Invest Successfully in High-Yield, Low-Risk Index Funds

The updated Second Edition of Richard Ferri's bestselling All About Index Funds offers individual investors an easy-to-use guide for capitalizing on one of today's hottest investing areas_index funds. This wealth-building resource provides essential information on index funds; expert advice on how to start investing; and winning strategies for high returns with low risk.

The Second Edition of All About Index Funds features:

• Updated tables, charts, and data on performance, fees, and new funds
• Step-by-step guidance on active indexing and discussion of its expanding role
• Coverage of all new U.S. equity indexes that have changed the dynamics of the index fund marketplace and a new chapter on commodities and commodity index funds
• Vanguard's revision of the indexes it uses for benchmarking
• Discussion of the increasing popularity of ETFs for effective asset allocation

Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor

John C. Bogle

Amazon Price: $13.57 List Price: $19.95 Usually ships in 24 hours By: Wiley Amazon Marketplace: 91 new & used starting at $2.69

Buy at Amazon.com

Browse similar items by category:
Subjects -> Business & Investing -> Popular Economics -> General
Subjects -> Business & Investing -> General
Subjects -> Business & Investing -> Investing -> General

Customer Reviews:
Total reviews: 70 Average rating: 4.5 of 5

Editorial Review:

Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual-fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group--makes a strong case for index funds with this exhaustive study of investing.

He begins with primer-like essays on investment strategy, championing mutual funds for their inherent investment value, and then grinding each point home with a bevy of graphs, charts, entertaining anecdotes, and common sense. He repeatedly stresses time as a basic tenet for investing, listing these simple rules: "Time is your friend"; "Impulse is your enemy"; "Stay the course." And then he proceeds to blast fund managers, who have become marketers rather than managers.

The trade-off between the profits that accrue to fund shareholders and the profits that accrue to the fund management companies seems subject to no effective independent watchdog or balance wheel, despite the fact that the shareholders actually own the mutual funds.

It's an interesting concept: smart, reasoned investors can all but secure their financial future, but the system itself, run unchecked by fund managers, needs a major overhaul. And considering the amount of reasoned, historically based support he includes, readers will have a hard time finding fault with the sometimes controversial Bogle. Equal parts instructional and crusade, Common Sense on Mutual Funds deserves the attention it's likely to receive. Recommended. --Rob McDonald

Bogle on Mutual Funds: New Perspectives for the Intelligent Investor

John Bogle

Amazon Price: $12.92 List Price: $19.00 Usually ships in 24 hours By: Dell Amazon Marketplace: 93 new & used starting at $0.01

Buy at Amazon.com

Browse similar items by category:
Subjects -> Business & Investing -> Investing -> Introduction
Subjects -> Business & Investing -> Investing -> Mutual Funds
Subjects -> Business & Investing -> Personal Finance -> General

Customer Reviews:
Total reviews: 34 Average rating: 4.5 of 5

Editorial Review:

John C. Bogle, founder of the Vanguard Group of  Investment Companies, has built a $100 billion  mutual fund company on principles of candor, fairness,  and low cost. The most outspoken critic of the  mutual fund industry, Bogle speaks to the serious  mutual fund investor, both novice and seasoned, in  this straightforward assessment of an industry Bogle  himself helped revolutionize. Here he offers the  essential principles of canny mutual fund  investing, as well as caveats to protect the investor.  Readers will learn how to: Ask three critical  questions before investing. Evaluate risk tolerance and  design a portfolio to meet current financial  objectives. Develop a diversified portfolio of equity  funds, bonds, and money market funds that will  weather the market's short term variations. Apply  Bogle's eight model portfolios to achieve their own  financial goals. Always find themselves in a winning  money market fund. Protect themselves from  inflation Use index funds to effectively balance  risk/return. Anyone who is serious about mutual funds can  apply the dynamic investment principles of  Bogle On Mutual Funds to establish a  winning, long-term investment portfolio.

Morningstar Guide to Mutual Funds: Five-Star Strategies for Success

Christine Benz

Amazon Price: $11.53 List Price: $16.95 Usually ships in 24 hours By: Wiley Amazon Marketplace: 35 new & used starting at $9.45

Buy at Amazon.com

Browse similar items by category:
Subjects -> Business & Investing -> Popular Economics -> General
Subjects -> Business & Investing -> General
Subjects -> Business & Investing -> Investing -> Mutual Funds

Customer Reviews:
Total reviews: 8 Average rating: 4.5 of 5

Editorial Review:

Praise for Morningstar
Guide To Mutual Funds
Second Edition

"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 information. 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

"Successful investors know they must do their own due diligence. Morningstar has done much of that homework in this guide. Leave it to Morningstar to get it right, offering smart ways to pick, build, and monitor a portfolio. It's a commonsense guide that should grace every investor's shelf."
--Ted David, Senior Anchor for CNBC Business Radio

"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

ETF Trading Strategies Revealed (Trade Secrets (Marketplace Books))

David Vomund, Linda Bradford Raschke

Amazon Price: $13.57 List Price: $19.95 Usually ships in 24 hours By: Marketplace Books Amazon Marketplace: 25 new & used starting at $11.43

Buy at Amazon.com

Browse similar items by category:
Subjects -> Business & Investing -> Investing -> Futures
Subjects -> Business & Investing -> Investing -> Introduction
Subjects -> Business & Investing -> Investing -> Mutual Funds

Customer Reviews:
Total reviews: 16 Average rating: 4.0 of 5

Editorial Review:

Want to know how to trade the hottest new investment vehicle? This book reveals the secrets of profiting from a new and growing investment vehicle the Exchange-Traded Fund. Pulling from experts in the field like Linda Bradford Raschke and Steve Palmquist, this book has all the information you need to begin trading ETFs for profit: Learn the basics of ETFs; how they work, why they re growing in popularity, and how you can get your share of the profits. Discover the way to apply classic techniques to leverage your ETF investments for both the short-term and long-term. Study simple but highly effective mechanical ETF rotation techniques (style, sector, and international) that are now available to the individual investor. ETF Trading Strategies Revealed doesn t end there. Learn from long-time trader and founder of AIQ Systems, Dr. J.D. Smith, what it takes to mentally be the best. When you have the emotional discipline to follow his techniques, you ll find increased profits aren t far behind.

Simple Wealth, Inevitable Wealth: How You and Your Financial Advisor Can Grow Your Fortune in Stock Mutual Funds

Nick Murray

List Price: $21.00 By: The Nick Murray Company, Inc. Amazon Marketplace: 18 new & used starting at $9.90

Buy at Amazon.com

Browse similar items by category:
Subjects -> Business & Investing -> Investing -> General
Subjects -> Business & Investing -> Investing -> Introduction
Subjects -> Business & Investing -> Investing -> Mutual Funds

Customer Reviews:
Total reviews: 6 Average rating: 5.0 of 5

Every Investor Should Read This Book 5 out of 5 stars.
16 of 16 people found this review helpful.

Like every book by Nick Murray, this book is excellent. As a financial advisor, this is one book that I would certainly give to every one of my clients and recommend to anyone else, but not for the reasons given in the previous review.

Statistics show the the average mutual fund investor consistently underperforms the mutual funds that he or she owns. Why? Because they sell AFTER the fund has dropped 10% and buy back in AFTER the fund has risen 10%. After five years, the fund has delivered 10% average annual returns, yet the investor has achieved only 5-7% average annual returns (or worse). Murray correctly believes that the secret to long-term investment success lies in the investor's behavior, not in his ability to pick the best stocks or mutual funds. In this, and every other book by Nick Murray, he teaches investors how to fight their emotions and look beyond short-term performance to become better long-term investors. He preaches about the wisdom of dollar cost averaging and about buying stocks when they are "on sale."

Murray also supports his bias toward equities with a clear, concise explanation of the "real" risks that every investor faces. Every investor will get something out of this book.