The Great Mutual Fund Trap: An Investment Recovery Plan
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.
Comentarios de la gente - Escribir un comentario
The great mutual fund trap: an investment recovery planCrítica de los usuarios - Not Available - Book Verdict
Smart Money claims that Gensler is one of the 30 most powerful people in investing, so we should listen when he says that mutual funds are no good. Leer comentario completo
Otras ediciones - Ver todas
Todos los resultados de la Búsqueda de libros »
Pension Reform in Europe: Politics, Policies and Outcomes
Camila Arza,Martin Kohli
Sin vista previa disponible - 2008