Description
Book SynopsisGUIDE 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, CNBC Anchor
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
Table of ContentsForeword.
Acknowledgements.
Introduction.
Part One: How to Pick Mutual Funds.
Chapter 1. Know What Your Fund Owns.
Chapter 2. Put Performance in perspective.
Chapter 3. Understand the Risks.
Chapter 4. Get to Know Your Fund Manager.
Chapter 5. Keep a Lid on Costs.
Part Two: How to Find Ideas For Y our Portfolio.
Chapter 6. Find the Right Core Stock Funds for You.
Chapter 7. Move Beyond the Core: Using Specialized Stock Funds.
Chapter 8. Find the Right Core Bond Fund for You.
Chapter 9. Move Beyond the Core: Using Specialized Bond Funds.
Part Three: How to Build a Portfolio.
Chapter 10. Match Your Portfolio to Your Goals.
Chapter 11. Put Your Portfolio Plan into Action.
Chapter 12. Simplify Your Investment Life.
Chapter 13. Be Savvy When Seeking Advice.
Part Four: How to Monitor Your Portfolio.
Chapter 14. Schedule Regular Checkups.
Chapter 15. Know When to Sell.
Chapter 16. Keep a Cool Head in Turbulent Markets.
Part Five: More on Mutual Funds: Frequently Asked Questions.
Recommended Reading.
Other Morningstar Resources.
Index.
