The Real Truth About Mutual Funds and How to Make Money on Your Investments - Hardcover

Ringold, Herbert

Hardcover

ISBN 10: 081440314X ISBN 13: 9780814403143

Publisher: Amacom Books, 1996

Synopsis

The real truth is that the mutual fund industry is not squeaky clean. Even if you are a seasoned investor, you are easy prey for the exaggerated, even out-and-out false claims that swirl around the 6,000 different funds skillfully angling for your dollars. Some of the big-name "families of funds" are among the worst offenders.
After reading this book, you'll know how to design your own system for analyzing funds - a system that, like the Asian proverb, will "teach you to fish for life"; why you should never, ever buy mutual funds from a bank or stockbroker; how not to get devoured by those giant mutual fund machines, Fidelity and Vanguard; why any fund's past performance is highly deceptive; why current advertising claims are even more deceptive; how to decode the details of a fund prospectus; how to avoid hidden charges (and many are well-hidden); when to buy and sell; which newsletters to rely on and which to use as birdcage liner; and how to build a solid portfolio that reflects your risk tolerance, financial circumstances, and future plans (Ringold gives you six model portfolios and explains the reasoning behind the fund selections in each.)

Edition details

• Publisher: Amacom Books
• Publication date: 1996
• ISBN 10: 081440314X
• ISBN 13: 9780814403143
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 238