<< 1 >>
Rating: 
Summary: Easy to Read, Good Material
Review: A good primer on mutual funds. You won't go wrong with this honest and effective book. Your next step beyond this book is Bogle on Mutual Funds. I find it much better, but a lot more difficult to really understand. This book has all the basics and is easy to read.
Rating:
Summary: I did it his way.
Review: Before reading this book I was an absolute dummie about mutual funds. After reading this book I am no longer a mutual fund dummie. I probably know more now about mutual funds than the average person. Great book!
Rating: 
Summary: A good intro to Mutual Funds
Review: Bought this book as a gift for my son ---gives a good understanding to the novice investor on what mutual funds are and how they work. Very well written. I also highly recommend More Wealth without Risk and Financial Self Defense by Charles Givens. The chapters on Powerful Investing in MoreWealth without Risk in paticular offer more complex strategies than what Mr Tyson offers here. I highly recommend Mr Tyson's book toanyone interested in getting started in mutual fund investing...hen pick up Givens books for the real meat.
Rating:
Summary: Great book, not so much for dummies.
Review: I knew nothing about Mutual Funds before reading this book, but having now done so I feel a lot more confident in making investing decisions. This book has a lot of great information and tips and is quite an easy read, but because there is so much information you have to take it slow at times and take notes as you read. Definitely not for dummies!
The one thing I would bring to your attention is that the book gives many recommendations on funds and fund companies. Since the current 3rd edition of this book is dated 2001, some of this information may have changed, especially when you consider recent fund scandals. If you can, wait for the 4th edition which is due out in September 2004. I don't think you will miss much by holding off on your investments until then. For now, just stick any spare cash in a good money market account.
Rating:
Summary: Excellent for beginners
Review: Many people who are going into mutual funds and investing do so without any knowledge of basic things.The good points of this book are too many to go into, but I'll say that several things were helpful: 1. Discussion of Indices and the mention that they tend to cary lower expense ratios, etc. 2. Mention of how much you "should" be paying in terms of mutual fund expenses. 3. Demonstration of reasonable rates of returns and fraudulent rates of return as well. For people who think that it is "worth their time" to pay a consultant or an advisor, this is the book that will save them a lot of money.
Rating:
Summary: Must Read for everyone who wants to start investing in funds
Review: Read this book if you want to start investing in mutual funds. This book goes through mutual funds in a way that everyone can understand. He also adds some good advice why to invest in funds and what funds to invest in. Some of his funds are good and some are funds I would change. Just be careful when using his funds, the fund market changes and you have to do your own research. The good thing is, this book shows you how to do the research also.
Rating:
Summary: Superb Intro to Mutual Funds
Review: This book is an excellent guide to the world of mutual funds. Eric Tyson does a service to beginning investors by steering them towards the modest goal of getting the same return as the market by investing in low-fee, low turnover mutual funds (preferably index funds). Tyson covers nearly everything in this book, from how to build a portfolio, to what returns you can reasonably expect, to where to buy the funds. He covers stock funds, bond funds, and money market funds, and shows how you can evaluate them. He does all of this in easy-to-read prose.
I have one small complaint about the book. If Tyson is not paid by Vanguard, he should be. I can understand that given its dedication to low cost and its unique corporate structure among brokerages, Vanguard might be the best place around to buy mutual funds, but Tyson should have made a point to back off just a bit on highlighting the company so egregiously to avoid the appearance of being the company's shill. But despite this small lapse, I believe Tyson has the best interests of people who want to make a little money for retirement, their children's education, or some other modest goal, but aren't comfortable speculating. He encourages that healthy skepticism towards their ability to make a quick buck and instead teaches them to invest in a way they can have reasonable confidence -- instead of an irrational exuberance -- that they will get the expected return on their money.
Rating:
Summary: Good book, but be aware of bias
Review: This book is an interesting read and has some advice I found very helpful. Readers should be aware that Mr. Tyson shows some bias, both financial and political, in the book. (For instance, he's advising people to get fairly heavily into international funds, notably index funds, when their performance over the 5-10 year term isn't as good as the S&P 500.) He's also a Vanguard fan and disses Fidelity at some length; I checked the numbers and it wasn't warranted. Finally, he tosses in some liberal political correctness that just wasn't necessary.
Do your homework and you'll enjoy the book.
Rating:
Summary: A must read for every mutual fund investor
Review: This book is the best book I've ever read about mutual funds. Eric Tyson does a remarkable job in explaining the complex world of mutual fund investing. Using a very friendly language, the author starts explaining the most common investment options (bonds, stocks, etc). Then, he explains what mutual funds are and why they are a terrific investment. Providing great detail, useful examples, and good advice, this book is a extremely valuable resource and a must-read for anybody interested in investing in Mutual Funds. Tyson is able to show not only his expertise in the subject but also how the intimidating world of investing may be accesible to anyone.
Rating:
Summary: Fantastic start to understanding investing in Mutual Funds!
Review: This book is very well-written, and provides and excellent approach for the novice to not-so-novice investor looking for explanations and advice. The book speaks to the reader in a logical, well-thought out manner rather than talking down to the reader. The advice seems sound and is backed up with research and doesn't sound "preachy" nor does it take a know-it-all approach. I recommended it to several people at the mutual fund company I work at so that those new to the business can get a better understanding of how things work
<< 1 >>
| 
