Product Description
A BusinessWeek and Wall Street Journal Business Bestseller
Praise for Morningstar® Guide to Mutual Funds

"The Morningstar® Guide to Mutual Funds helps cut through the fog with a solid volume of constructive advice."
–John C. Bogle, founder and former CEO, The Vanguard Group

"This book is the culmination of nearly two decades of research, analysis, and good old commonsense wisdom."
–Tyler Mathisen, financial journalist, CNBC

"A generation of investors who took the stock market for granted now know how important it is to understand–and control–their own investments. The Morningstar® Guide should be their most important resource."
–Terry Savage, Chicago Sun-Times financial columnist and author of The Savage Truth on Money

From the Inside Flap
No wonder mutual funds have become the investment staple for tens of millions of individual investors: Mutual funds offer instant diversification, and there are mutual funds available to suit any investment style or budget. Yet the decision to invest in mutual funds is only the first of many you must make. You still have to determine which funds are best for your risk tolerance and how to combine funds in a portfolio that’s suitable for your goals. With thousands of funds on the market, where do you begin?
Let Morningstar® Guide to Mutual Funds put you on the right path to building a sound, satisfying, and profitable mutual fund portfolio. This straight-talking guidebook gives you the information you need to make intelligent mutual fund choices, all in the independent, easy-to-understand style that has made Morningstar the most trusted and respected name in investment research and information.

Regardless of your investment experience or expertise, Morningstar® Guide to Mutual Funds will show you how to look beyond flashy advertising and often equally flashy (and unsustainable) performance figures to find the funds to fit your needs today and well into the future. Look to Morningstar’s plain-English explanations for:

Advantages–and occasional disadvantages–of mutual funds versus other types of investments
Listings of recommended funds for virtually any investment goal, time horizon, and level of risk tolerance
In-depth explanations of expense ratios, loads, and other fund charges
Strategies for assessing a fund’s past volatility and evaluating its future risk
Diversification techniques across investments, asset classes, and subasset classes
Optimal investment strategies for meeting short-, intermediate-, and long-term goals
Key points in assessing the quality of a fund’s management
Let Morningstar® Guide to Mutual Funds walk you through the often-intimidating mutual fund selection process, and help you choose the right funds to meet your investment goals, protect your assets in any market environment, and provide you with the safety you need–all with the security of knowing you’re working with Morningstar, the number-one information source for today’s smart mutual fund investor. --This text refers to an out of print or unavailable edition of this title.