
📊 Invest Smarter, Not Harder!
Mutual Funds For Dummies, 6th edition is an essential paperback guide that demystifies the world of mutual funds, providing readers with updated strategies, insights, and practical advice to navigate the investment landscape with confidence.
| Best Sellers Rank | #2,268,050 in Books ( See Top 100 in Books ) #307 in Mutual Funds Investing (Books) #3,196 in Introduction to Investing |
| Customer Reviews | 4.3 out of 5 stars 113 Reviews |
T**K
Get the Vocab
Although I started this book, Mutual Funds for Dummies, in self-defense when a financial issue came up while settling the family estate, I found I actually liked reading it. Not only is Eric Tyson clear and uses real-world examples, he defines vocabulary which is important for any field of study. As an early techie, no one could understand me when I babbled off about mounting diskpacks, aseembler language, and integer strings unless they were also in the field. Knowing the relevant vocabulary lets you "get" what you see on the news, in your investment statements or hear from professionals. I can check the impact of my operating expenses (now that I know what they are and what their impact is) against those funds the author mentions and can have a "more adult" discussion with my broker. Mind you, I'm no dummy. The nuts and bolts of investing have just come to me late in life which is perfect -- now I have the time to study it, and spend the profitable results. Thanks Eric.
K**E
Informative book but needs updates
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.
P**S
Author Tyson writes with authority and I believe seasoned and novice investors will find this book very useful.
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.
L**N
very very helpful in managing my 401 plan
i really didn't know anything about mutual funds and now all my retirement money is in them...I really needed to learn sooner than later and this book did that, i even picked up an earlier version at a library book sale and i keep both version, both are helpful and add just a few more details. this book was great, it makes me feel in so much more control of my 401k retirement fund--- feeling out of control of this important retirement money was scary, it still is somewhat scary but much less so
O**N
Information far and between
The book is repetitive and could have been trimmed down to at least to its quater size. It needs a concise information in easily presentable form instead of lengthy chapters after chapters on why people cheat you, what kind of people cheat you etc. Also the tables and figures in the "latest" edition are old dated. I bought the kindle edition and the tables are very difficult to read because the figures are so small and blurry. This book did clear some concepts for me but the information was difficult to hunt between a lot of unnecessary information. It spends so much time on why you should not believe your fund adviser, broker etc. so many times in so many different chapters. What I was expecting was to-the-point no BS kind of a book. Instead I got this boring sermons which distracted the attention from useful stuff. I spent around $15 on it. $5 should have been the right price. Or just buy a used previous edition .
C**M
Mutual Funds for Dummies
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.
J**G
Foundational for Beginners
It is an out of date book or old edition but still a great read. I feel more confident in my investments and knowledge. Great starter besides just trusting in YouTube. Trust but verify!
K**N
A Must-have Reference
This is the difinitive Mutual Funds manual for any lay person who cares about their mutual fund investments. Easy to follow and complete, it has given me a deeper understanding of my investments and the skills to manage them better. A must-read, must-have classic on mutual fund investing!
J**N
Obligatorio si invierte en fondos y si no tembién
Introduce los fondos de inversión, como construir una cartera de fondos, y explica como es la mejor opción de inversión para el ciudadano de pie. También explica y demuestra que los fondos pasivos y los activos con bajas comisiones son la mejor opción. Si no estás de acuerdo, debes leer este libro. Bien documentado, con ejemplos, y muy sencillo de entender, si peca de algo es de claridad por repetición de algunos conceptos.
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