The Great Mutual Fund Trap: An Investment Recovery Plan - Hardcover

Baer, Gregory Arthur; Gensler, Gary S.

Hardcover

ISBN 10: 0767910710 ISBN 13: 9780767910712

Verlag: Broadway Books, 2002

Inhaltsangabe

Book by Baer Gregory Gensler Gary

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Reseña del editor

Drawing on years of experience, two financial experts warn investors of the potential financial hazards of mutual funds, discussing the hidden costs of such funds, providing realistic insights into how such funds operate, and offering helpful advice on how to protect one's investments.

Nota de la solapa

Convinced that your star mutual fund manager will help you beat the market? Eager to hear the latest stock picking advice on CNBC? FORGET ABOUT IT! The Great Mutual Fund Trap shows that the average mutual fund consistently underperforms the market, and that strategies for picking above-average funds -- everything from past performance to expert rankings -- are useless. Picking individual stocks on the advice of brokers and analysts works no better. The only sure things are the fees and commissions you’ll pay.

Fortunately, the news is not all bad. Investors willing to ignore the constant drumbeat of “trade frequently,” “trust the experts,” and “beat the market” now have the opportunity to do better. Using new investing products investors can earn higher returns with lower risks.

Drawing on their years of Wall Street, Treasury and Federal Reserve experience, Gary Gensler and Gregory Baer offer a fresh and realistic look at how money is managed in America. From new indexing strategies to risk-managed stock selection, The Great Mutual Fund Trap offers investors an escape from high costs and immunity from seductive marketing messages.

Über diese Auflage

• Verlag: Broadway Books
• Erscheinungsdatum: 2002
• ISBN 10: 0767910710
• ISBN 13: 9780767910712
• Einband: Tapa dura
• Auflage: 1
• Anzahl der Seiten: 335