Tyson - Mutual Funds For Dummies, 7th Edition

Eric Tyson gets it. Mutual Funds For Dummies cuts through the clutter that clouds personal finance for millions of Americans. This is a must-read for the savvy investor and novice alike.

Gerry Dick, Indianapolis Economic Development Corp., and Host, Indiana Business This Week, WRTV/WFYI-TV, Indianapolis

I was clueless and intimidated by the terminology and information that I need to know about investing into mutual funds. This book has given me confidence as well as a sturdy foundation to begin investing.

Clifford Record, Colts Neck, New Jersey

You dont have to be a novice to like Mutual Funds For Dummies . Author Eric Tyson clearly has a mastery of his subject. He knows mutual funds, and he knows how to explain them in simple English . Its hard to imagine a more accessible sourcebook.

Kiplingers Personal Finance Magazine

Mutual Funds For Dummies is an excellent source for not only the novice investor but also for someone looking to enhance their understanding of one of the fastest growing investment tools.

Northwest Arkansas Times

I handle my mothers money and my own familys, so it is very important that I make all the right moves and decisions. I didnt have any confidence until I studied Eric Tysons books.

Lisa Patten, Lake Junaluska, NC

Injects common sense into the dizzying world of mutual funds.

Oakland Tribune, CA

I liked how easy the book is to read. I understand more now about mutual funds than I did before I read the book its excellent.

Dennis Pipper, Lansing, MI

A book that should help investors be smarter readable, comprehensive . Tysons encyclopedic book is chock-full of useful examples and advice for both new and experienced investors .

Christian Science Monitor

Mutual Funds For Dummies brought me up to speed financially.

Riccardo Heald, New York, NY

Comprehensive, well-organized information in an easy-to-read format.

Dianne L. Zimmerman, Rockville, MD

Mutual Funds For Dummies gives good common sense advice about putting your financial house in order.

John B. Fout, MBA

I wish my finance teachers in college had been this interesting and informative.

Lori Buono, reader

Eric Tyson is far and away the best writer, most readable author, and most honest and intelligent voice in America today in the areas of personal finance and mutual fund investing.

David Diaman, Enrolled Agent

Never have I been as impressed with the advice and insight offered by a columnist, as I have been by Eric Tyson! Finally, there is someone in print cogently and lucidly speaking financial truth and common sense.

Kenneth S. Imbriale, Staten Island, NY

Accurate, easy-to-read, and humorous; teaches the reader rather than preaching at the reader!

Victoria L. Simmons, High Point, NC

Mutual Funds For Dummies 7th Edition

Published by:
John Wiley & Sons, Inc.
111 River Street
Hoboken, NJ 07030-5774
www.wiley.com

Copyright 2016 by Eric Tyson

Published by John Wiley & Sons, Inc., Hoboken, New Jersey

Published simultaneously in Canada

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Library of Congress Control Number: 2016935558

ISBN 978-1-119-21551-6 (pbk); ISBN 978-1-119-21553-0 (ebk); ISBN 978-1-119-21554-7 (ebk)

1. Table of Contents

Whether youre a regular reader of investing books or this is your first, Mutual Funds For Dummies, 7th Edition, which is completely revised and updated, provides practical and profitable techniques of fund investing that you can put to work now and for many years to come.

Funds arent literally for dummies in fact, theyre a wise investment choice for people from all walks of life. Mutual funds are investment companies that combine your money with that from many other people to create a large pool of assets that can be invested in stocks, bonds, or other securities. This book also extensively covers exchange-traded funds, which are like mutual funds except that they trade on a stock exchange when the financial markets are open. Because your assets are part of a much larger whole, the best funds enable you to invest in securities that give you low-cost access to leading professional money managers.

With the best money managers investing your nest egg in top-flight investments that match your financial goals, you can spend your time doing the activities in life that you enjoy and are best at. Funds should improve your investment returns as well as your social life!

I practice what I preach. All my investments that Ive devoted to securities (stocks and bonds) are invested through funds. Why? For the simple reason that Im confident the best fund managers that I recommend in this book can do a superior job (higher returns, less cost) than I can by researching and selecting individual stocks and bonds on my own.