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I**N
Awesomeness!!!
Thank you!!
D**D
A fair guide to a seemingly confusing process
Investing in mutual funds can be a confusing process, especially to a new investor. This book informs any person looking to invest in mutual funds or interested in learning more about investing in mutual funds. The book follows a sequence for any beginner and turns you into a quick expert on mutual funds. From the history of mutual funds, to how to open an account, the book teaches you all you need to know about starting out in the world of mutual funds. The easily confusing information is presented in a simple, organized manner in a way that any reader could understand.Alan Northcott writes for the beginner looking to make a return on an investment. He describes the positives and negatives to investing in different types of mutual funds including: open-end funds, close-end funds, global funds, no-load funds, and load funds. Making a decision about having a financial advisor is discussed in detail. The book also includes interviews with reputable members of the industry. The new investor can learn from the experiences and advice offered by experts like Sean Hyman, Richard E. Reyes, and Sam Subramanian. By reinforcing his facts with expert opinions, the author adds credibility to his book. The expert advice is well presented, and the information provided by the experts can be useful to any investor.Northcott offers an unbiased opinion on types of investments so the new investor can make an educated investment choice without feeling swayed toward a specific investment decision. The book deals with current market issues and stigma that currently surrounds investing. It paints an accurate picture of the current market situation. Risks and alternatives are suggested for those looking for different levels of risk. Northcott even suggests other types of investments for those that may not benefit from mutual funs. After reading this book, a reader could make an informed investing decision and have a clear picture of the current market. This is perhaps the best attribute of the book.The book was an informative read, for a person of any age with any amount to invest looking to understand more about mutual funds. Mutual funds become simple after reading this book. This book comes highly recommended to anyone of any competency looking to better understand mutual funds and investing. After reading this book, you will have a foundation to understanding mutual funds, financial advisors, and maintaining a portfolio.
E**E
Two Stars
It is OK.
A**D
Great for the novice mutual fund investor
Scores of financial professionals, savvy traders and novice investors alike have gravitated to mutual funds over the past several decades. The love affair with this popular investment has only grown as a fresh cache of new funds continues to lure market participants.Aside from providing diversification, mutual funds offer the added advantage of professional management. But with some 10,000 funds and growing, and the ever increasing variety of funds offered, it is not an easy task to decide what funds warrant a position in an individual's portfolio. The Mutual Fund Book is designed to help with making that important decision and much more.Explored and explained in the book are the numerous types of funds, fees, management style, tax implications and considerations. Listed are a plethora of the biggest and best fund companies, how to contact them, how to obtain information and how to set up an account.Covered are strategies including timing, buying, selling, averaging cost and swapping.Mutual funds are mutually rewarding and risky. This book not only instructs, but also helps an investor-- sophisticated or a rookie--make an educated and informed decision.
M**N
Great for the Investment Beginner!
As I was reading "The Mutual Funds Book" by Alan Northcott, I was pleased with its language and structure. The book includes the origin of mutual funds as well as the numerous types of funds (such as no-load, world, global, foreign, international, etc.). The book also includes information on websites which provide additional information on companies, minimum amount required to invest, as well as a calculator to demonstrate how much you would have to invest in order to secure a comfortable retirement.When deciding to invest your earnings, it is important to have knowledge about the types of funds, assessment value, prospectus as well as the risks of the investment. The book also provides case studies of real-life individuals experienced in the investment field which answers questions and provides important facts on the steps one should consider when deciding to invest. As a beginner in the investment world, it provides important knowledge as well as questions to ask and consider when deciding to invest in mutual funds.The book contains numerous types of bonds as well as definitions which is useful for individuals who are first-time investors. My rating for the book is 5 stars-I thought the book was useful and informative as well as a great guide in helping individuals decide which bond(s) to invest in.
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