Explaining the fundamentals of investing in mutual funds to the layman, this book clarifies the difference between no-load and load funds, offers advice on assessing a specific fund before investing, and points out the advantages and disadvantages of mutual funds as compared with other investment instruments.
This is an excellent book to get a good overview of what mutual funds are and why they are such a good investment vehicle for many people. Written in a lively, engaging style, it lays out in brief chapters essential concepts in easy-to-understand language. While it is now dated, it is still a great place to start.
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