A NEW WAY TO BUY MUTUAL FUNDS

This indispensable strategy guide will show you how to start picking the mutual funds that are right for your specific needs, now. It provides basic, well-grounded fundamentals on selection and management. It enumerates the critical importance of asset allocation and risk management, the importance of minimized costs and taxes, and even the psychological hurdles that can undo the soundest of investment plans. Whether you’re actively trading or interested in simply building a secure portfolio that can run on autopilot, J.K. Lasser’s Pick Winning Mutual Funds will guide you toward achieving your financial goals.

Critical coverage will help you:

• Take control of your investments by making the laws of probability work for you
• Stop making the average investor’s mistakes by picking funds that will increase your returns
• Decide when to use index or actively managed funds
• Add new funds to your portfolio to outperform funds with long track records
• Profit from the huge increase in services and the information that technology provides

This text presents the fundamentals of mutual fund selection and management for individual investors. Investment professionals Tweddell and Pierce describe how to get the best returns on both index and managed funds. A sampling of topics includes new-fund investing, real estate investment trusts, convertibles, and socially-responsible funds. The volume does not include bibliographical references.
Annotation c. Book News, Inc., Portland, OR (booknews.com)

JERRY TWEDDELL is a former stockbroker with twenty-five years of experience working with both institutional and individual investors. Currently, he is an investment advisor offering fee-based investment management and consulting services for individual investors.

JACK PIERCE is retired from Donaldson, Lufkin and Jenrette, where he served as their first West Coast office manager, and has over thirty years in the investment business. He writes occasional articles for magazines on the subject of finance.

Introduction.

GETTING STARTED.

Take Control of Your Mutual Funds.

Why You Can't Be an Average Mutual Fund Investor.

Financial Sources: What You Need to Know and Where to Get It.

Asset Allocation--The Most Important Investment Decision.

TWO ALTERNATIVES: TO INDEX, OR NOT TO INDEX?

Index Funds.

Picking Winning Managed Funds.

MUTUAL FUND UNIVERSE: THE BASIC CHOICES.

Bonds and Bond Funds--Picking the Winners.

New-Fund Investing--Betting with the Odds and the Insiders.

Real Estate Investment Trusts: Funds with "The REIT Stuff".

Convertibles: Smooth Rides and Safety Belts.

Closed-End Funds.

Beyond Mutual Funds--Individually Managed Accounts.

Off the Beaten Path: Unpopular Funds and Socially Responsible Funds.

MANAGING FOR MAXIMUM PROFITS.

Fund Family Stalwarts--Stewardship instead of Salesmanship.

Recommended Funds.

Appendix A: Chapter Summaries.

Appendix B: Compound Interest Table.

Appendix C: The Lessons from Japan.

Index.

About the Authors.