This text aims to provide investors with all the essentials for mutual fund investing success. Written in a concise style, it helps readers to understand the world of mutual funds, including the differences between bond and equity funds; to learn how to buy, sell and switch funds, as well as to decide between load and no-load options; and to tailor investment choices to meet the demands and expectations of various life stages.
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Up-to-date performance rankings of more than 1800 mutual funds - including 3-, 5-, and 10-year results. Business Week's famous scoreboard helps you make smart mutual fund selections. Easy-to-understand guidance on successful investing for both long-term and short-term goals. Choose between no-load and load funds; equity versus bond versus closed-end funds. Features pretax and aftertax returns on equity funds. Includes the top-rated Business Week Mutual Fund Scoreboard! The Guide Tells You: Which bond funds are too risky if you want a safe, steady income; How the magic of compounding will boost your returns; The best way to compare your fund's performance against the market;
The impact of a front-end versus a back-end load on a mutual fund's results; Which mutual funds are the most effective investment vehicles for IRAs and 401(k)s; Whether it's better to keep all of your investments within a "family" of funds or to spread them out.
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