Getting Started in Mutual Funds

234 pages
John Wiley & Sons (April 2000)
ISBN-10: 0471295442
ISBN-13: 978-0471295440

For forty million Americans, mutual funds are the most attractive investment instruments now available. But with over 8,000 stocks, bond, and index funds to choose from, how can you select what's best for you?

In this easy-to-follow, commonsense guide, Alvin Hall, the "Professor of Wall Street," fills you in on everything you need to know to choose mutual funds with confidence. In plain English, he acquaints you with the various types of mutual funds and how they are structured, and he explains the important fund terms and concepts. He helps you to understand clearly those measures you must examine before investing in a fund. And he provides step-by-step guidelines on how to go about selecting the right funds. You'll quickly and painlessly learn:

—How to read and understand a fund's prospectus
—How to assess a fund manager's investment style and its impact on your returns
—How to evaluate ongoing fees and expenses
—How to evaluate a fund's risk
—How to calculate a return on investments
—How to buy, redeem, and exchange mutual funds
—How to take advantage of shareholder services