Top positive review
6 people found this helpful
A more than adequate review of how mutual funds work and why you should invest in them. Very little fund-picking advice.
on May 14, 2009
This is a great resource for those wanting to know more ABOUT mutual funds, not for those wanting to know WHICH mutual funds to buy. Heavy on the explanations, definitions, and categorizations; light on the criticism and praise of individual funds. While you do get a bit of "how to pick the right funds", it is all fairly basic, with nothing very stunning or surprising that will make you a better mutual fund-picker.
For what it is, this is a great book. Clearly written, with only the right amount of detail and very little repetitive content. At times it can be a bit wordy, making this book a bit longer than it really needs to be, but overall it is an easy read with an index and table of contents that will help you find pertinent information quickly.
So, if you want to learn more about mutual funds, how they work, ect., this book is for you. If you already feel like you have a good understanding of what they are and how they work, there isn't probably too much you'll learn from reading this fairly long book.