Mutual Funds for Dummies | Eric Tyson | Great book, not so much for dummies.

Mutual Funds for Dummies | Eric Tyson | Excellent source

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Mutual Funds for D...

	Mutual Funds for Dummies Eric Tyson Wiley, 2004 - 408 pages average customer review:based on 57 reviews view larger image
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highly recommended

Great book, not so much for dummies.

I knew nothing about Mutual Funds before reading this book, but having now done so I feel a lot more confident in making investing decisions. This book has a lot of great information and tips and is quite an easy read, but because there is so much information you have to take it slow at times and take notes as you read. Definitely not for dummies!

The one thing I would bring to your attention is that the book gives many recommendations on funds and fund companies. Since the current 3rd edition of this book is dated 2001, some of this information may have changed, especially when you consider recent fund scandals. If you can, wait for the 4th edition which is due out in September 2004. I don't think you will miss much by holding off on your investments until then. For now, just stick any spare cash in a good money market account.

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Excellent source

As a true "dummy" trying to understand the world of mutual funds, Mr. Eric Tyson truly does a fine job in highlighting many of the promises and pitfalls of this investment vehicle (among others--IRAs, money markets, individual stocks, etc). Easy to read, matter of fact, and humorous discourse throughout, you can't go wrong w/ this edition.
I normally don't assign 5 stars, but I can't find anything not worth this book's money. Again, I'm a layman in the world of investing which is primarily why I found this to be an immense amount of help.

Great Book

I like the book layout and content. I learned a lot from it, knowledge as well as wisdom on investing. I definetely recommend this book.

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Good book + Free trading

This book is especially good for the person who wants a broad overview of investing. It will give you a solid foundation to begin growing your money from. After reading, I opened a Scottrade account because they had the lowest rates ($7), and no inactivity fee. [...] to get a referral for 3 free trades.

Short on How to Details

The book make s number of standard, okay suggestions, but falls short on how to actually keep up with allocations and balancing. The reader will need a computer program like Investors FastTrack to follow the advice.

reviews: 1, 2, 3, 4, page 5, 6, 7, 8, 9, 10, 11, 12

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