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The Neatest Little Guide to Mutual Fund Investing [Paperback]

Jason Kelly (Author)
4.9 out of 5 stars  See all reviews (7 customer reviews)


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Book Description

December 1, 1996
Written in an accessible and entertaining style, a financial guide teaches investors how to do their own research and investing rather than relying on the advice of others and provides a solid foundation on which investors can build to learn firsthand how the mutual fund market works.


Editorial Reviews

Amazon.com Review

The world of mutual funds can be bewildering, but finding one's way in it has become a little easier in the past few years, with the arrival of books such as Mutual Funds for Dummies . Yet even this Dummies guide, weighing in at 406 pages, can be a little intimidating. Someone should write a smaller book, readable in an hour or so, with just the basic information on how mutual funds work and how to identify and evaluate the appropriate ones.

Which is exactly what Jason Kelly has done. The Neatest Little Guide to Mutual Fund Investing is admirably brief at 131 pages. It could be used as a textbook example of how to render a complex subject in the simplest and clearest way possible. Yet nothing essential has been left out, and even experienced fund investors could benefit from this quick read. How many investors fully grasp, for example, the various measurements of a fund's riskiness? Kelly explains what to make of a fund's alpha, beta, and standard deviation, and he does it in a way that anyone can understand and use. --Barry Mitzman

From Booklist

It's amazing that amid the crowded mutual-fund field no one has thought to explain the ABC's of mutual funds objectively--until this computer tech writer, unaffiliated with any financial services company, decided to tackle the subject on his own. The result, though aimed 100 percent at invest-o-phobes, is remarkably easy, even, at times, fun to read. (After all, how many of the serious specialized journalists would define bear, bull, and lobster markets in one illustration?) Readers learn about the fallacies of investing for your age, the different categories of funds, and the how-to's of interpreting a prospectus and an annual report. Unbiased data on fund monitoring through publications and media (e.g., Morningstar is truly for the serious investor) and on taxes, capital gains and losses, and other related topics are presented both in words and in charts, leaving little to the imagination. A worthy prequel to heavy readings such as Jacobs' Handbook for No-Load Fund Investors. Barbara Jacobs

Product Details

  • Paperback: 144 pages
  • Publisher: Plume (December 1, 1996)
  • Language: English
  • ISBN-10: 0452277094
  • ISBN-13: 978-0452277090
  • Product Dimensions: 7.9 x 5.3 x 0.5 inches
  • Shipping Weight: 4.8 ounces
  • Average Customer Review: 4.9 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Best Sellers Rank: #320,509 in Books (See Top 100 in Books)

More About the Author

Jason Kelly is the author of nine books including "The Neatest Little Guide to Stock Market Investing," a BusinessWeek best seller now in its 2010 edition, and his newest title, "Stock Market Contest," published in November 2011. He also publishes "The Kelly Letter," a curiously readable weekly investment advisory.

He graduated from the University of Colorado in 1993 with a BA in English, but not before a professor told him that he would never succeed as an author because he "lacked a basic command of the English language." Luckily, IBM disagreed and hired Jason as a technical writer at its Silicon Valley Laboratory in San Jose, California. Once income from his freelance writing matched his income from IBM, Jason left corporate life to become a full-time freelance writer. About IBM hiring him for the only "real" job he's ever had, Jason wrote in Financially Stupid People, "I keep a special smile for Big Blue because of that break. It was the only company that believed in me. I never knew the meaning of the term 'competing offer.'"

One of Jason's Japanese publishers, Shueisha, brought him to Tokyo on book tour in 1999. He took that opportunity to visit his old high school exchange student friend, and wrote a funny article about the experience. That article remains one of Jason's most widely read. It's still on his site, at http://is.gd/cLe5V. Japan went straight to Jason's heart, and he decided to live there. He rented out his home in California and moved to Sano, Japan in 2002 for what he thought was going to be a one-year stay. Eight years later, he still lives and works there.

In addition to writing new books and "The Kelly Letter," he's also the angel investor in Red Frog Coffee in Longmont, Colorado, a delightful little shop managed by his sister and business partner, Emily.

Learn all you could ever want to know about Jason at jasonkelly.com/about.

 

Customer Reviews

7 Reviews
5 star:
 (6)
4 star:
 (1)
3 star:    (0)
2 star:    (0)
1 star:    (0)
 
 
 
 
 
Average Customer Review
4.9 out of 5 stars (7 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

14 of 14 people found the following review helpful:
5.0 out of 5 stars Gotta read this one!, November 24, 1999
By A Customer
This review is from: The Neatest Little Guide to Mutual Fund Investing (Paperback)
this book has to be the simplest and easiest to read investing book ever written. Because of its brevity and straightforward manner, it can be read by any neophyte investor in a short period of time. GOOD LUCK!
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14 of 14 people found the following review helpful:
5.0 out of 5 stars This book deserves not 5 but 6 stars, July 31, 1998
By A Customer
This review is from: The Neatest Little Guide to Mutual Fund Investing (Paperback)
Reading this book is the easiest and most time-saving way to learn about mutual funds. If you want a quick introduction to mutual funds which is funny and to the point this book is definitely for you.
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17 of 18 people found the following review helpful:
5.0 out of 5 stars It is informative, concise, and motivating., June 11, 1997
By A Customer
This review is from: The Neatest Little Guide to Mutual Fund Investing (Paperback)
I had read many investment books prior to Mr. Kelly's and only gained a modicum of diverse knowledge regarding the structure and function of mutual funds. Because of his suggestions, I literally fired my broker--I know as much as the broker does regarding betas, alphas, deviations, etc. Indeed, a scary feeling. For those whose broker is making the profits, I highly recommend this book
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Inside This Book (learn more)
First Sentence:
Welcome aboard! This easy guidebook teaches everything you need to know to begin an investment program in mutual funds. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
asset allocation fund, portfolio turnover rate, international investing, money market instruments, fund categories
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Value Line, Twentieth Century, United States, Dow Jones, Morningstar Mutual Funds, Lexus Sport Coupe, Efficient Market Theory, Portfolio Alert, Asset Manager Growth, New York Stock Exchange, Rowe Price, Stocks Bonds Money Market, Jack White, Latin America
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