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Description of Bogle on Mutual Funds

John C. Bogle, founder of The Vanguard Group of Investment Companies, is both a dynamic leader in the mutual fund industry and its most outspoken critic. Best known for his crusade against unfair treatment of mutual fund clients, Bogle has built a $100 billion mutual fund company on principles of candor, fairness, and low cost. Bogle on Mutual Funds is his straightforward assessment of the industry he knows so well, written for the investor who wants a true and unflinching portrayal. Bogle not only explains the basic principles of canny mutual fund investing, but also explores its subtle nuances and exposes the hypes and fads that often lure investors into making unwise decisions.

Rather than a quick route to 'wealth without risk' this conscientious guide offers strategies for developing a diversified portfolio that will weather the market's short term variations. With painstaking care, Bogle warns the reader of the major pitfalls common to mutual fund investing. Ideal for investors at every level of expertise, Bogle on Mutual Funds shows how to:

- Design a portfolio of funds to meet your current financial objectives

- Recognize excessive fees, minimize taxes, evaluate investment risk and spot false advertising claims

- Balance risk and return through asset allocation strategy and tactics, astute fund selection, and effective use of index funds

- Understand the important role of cost the third leg (along with risk and return) of the eternal triangle of investing

- Interpret the data found in such sources as syndicated newspapers, Morningstar Mutual Funds, and other mutual fund guides, and use that information to make better investment decisions

This is the book to read if you are serious about mutual funds. Encouraging investors to take into account their investment attitudes, their position in the 'life-cycle' of an investment program, and the behaviour of securities markets over the long run, Bogle on Mutual Funds provides a solid framework for establishing a long-term investment portfolio, one based on sensible selections from among the thousands of stock funds, bonds funds, and money market funds available in this burgeoning industry.

Title Information

ISBN:

9780440506829

Pages:

320 pages

Format:

Paperback

Product Code:

0782

Publisher:

Irwin

Published:

30/11/-0001

Edition:

1st Edition

Press and Industry Reviews

"This is the definitive book on mutual funds - comprehensive, insightful, and - most important - honest. Any investor who owns, or is thinking of owning shares in a fund should read this book from cover to cover."
- Warren E. Buffett, Chairman, Berkshire Hathaway Inc.

"This book sets the ultimate benchmark for all 'how-to-invest' books. I would choose it even over Benjamin Graham's The Intelligent Investor. Everyone who reads it - from the hard-bitten professional to the wide-eyed amateur - will one day be richer than they would have been if they had never read it."
- Peter L. Bernstein, author of Capital Ideas and of Against the Gods

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Contents of Bogle on Mutual Funds

Part One - Building Blocks

1. The Rewards Of Investing
2. The Risks Of Investing
3. Mutual Funds: Principles, Practicalities, Performance

Part Two - Mutual Fund Selection

4. How To Select a Common Stock Mutual Fund
5. How To Select a Bond Mutual Fund
6. How To Select a Money Market Fund
7. How To Select a Balanced Mutual Fund
8. Where To Get Mutual Fund Information

Part Three - New Perspectives on Three Key Issues

9. Index Funds
10. Mutual Fund Costs
11. Taxes and Mutual Funds

Part Four - Practical Application of Investment Principles

12. The Allocation of Investment Assets
13. Mutual Fund Model Portfolios
14. A Mandate For Fund Shareholders

Epilogue - Twelve Pillars of Wisdom