Tired of choosing funds by last year's returns and a star rating?
Most investors pick a mutual fund the way they pick a restaurant: they look at what did well recently and hope it continues. It is a common mistake, and an expensive one.
How to Pick the Best Mutual Funds gives you a calm, repeatable method instead. It is written in plain language for readers anywhere in the world, and every technical term is explained the first time it appears.
Inside, you will learn how to:
Understand how funds really work, from units and NAV to who holds your moneyRead fund documents, returns, risk numbers and costs like an analystSee what one extra percentage point of cost does over twenty yearsUse the Seven-Sieve Method to compare funds fairlyNarrow thousands of funds down to two or three with a step-by-step screening workflowJudge index funds, ETFs, equity funds and bond funds on their own termsBuild a portfolio, plan for tax, and know when to rebalance and when to do nothingSpot warning signs of fraud and sharp practiceYou also get a master checklist, comparison worksheets, a formula sheet, a Twelve-Step Blueprint, answers to twenty common investor questions, and a glossary. These are practical tools you can print and use this week.
Who is it for?
Beginners who want a solid foundation, and experienced investors who want a more disciplined process.
The book is for general education only. It is not investment advice, and it does not recommend any specific fund. Investments can fall as well as rise.
Stop guessing. Start choosing with a method.