Mutual funds offer investors a diverse portfolio in a single investment, which is critical in an uncertain economy. Although ideal for buyers who don't want to tackle the stock market alone, mutual funds can still be intimidating, with a bewildering array of options. And now that foreign content regulations for RRSPs have been lifted, Canadians have even more choices.
Mutual Fund Investing For Canadians For Dummies explains it all, from the basics -- what is a mutual fund? -- to the not-so-basic -- are index funds better than managed funds? Is my MER cutting into my ROI? With information on how mutual funds can be a vital and profitable component of everyone's retirement plans and how they can help readers build their wealth inside their tax-free savings account, this friendly guide offers the principles Canadians need to know in order to be informed and successful mutual fund investors.
"This book is easy and even fun to read. ... Mutual Fund Investing For Canadians For Dummies is worth the investment if you are looking to build a fund portfolio that suits your needs and will give you healthy, long-term returns." --Jeff Dupuis, money.canoe.ca
Yes the book does not "get to the point" but that is because investing is a complicated business if you want to chase high returns. It can be simple if your willing to live with low to average returns. But I doubt that is what people buying this book are after. Bell does a really good job of laying out the options that are availiable in different market and personal condidtions. Overall he does a really good job of being evenhanded with different companies and financial instruments but his bias towards Index fund is pretty obvious (he even states it). This is a good thing however, as for 95% of long terms investors Index funds are probably the way to go. I also really liked how he stressed the importance of having an international portfolio. That is by far the most important thing I learned from this book. But then I have years of investing experience already.
Good book for beginners
Published by Thriftbooks.com User , 21 years ago
This was my first book on investing. Great for beginners. Too much small talk and analogies. Author needs to get more to the point.
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