Product Description

Many new investors are shocked to discover there are over 8,000 different mutual funds to choose from! How do you know which fund to pick? Once you pick a fund, how do you know how well it is performing? Do you have to spend a lot of time learning about investing?

This book answers all of these questions and more. It shows how regular people can simplify their investment life and beat the pro's results.

Jill is a new investor who knows she must start investing for her daughter's education and her retirement. Jill turns to her nephew, a Business Major, and to William the friendly Finance Professor for advice.

With the help of her friends, Jill learns how to invest to meet her long term goals using index funds.

This entertaining book will help you to simplify your investment life and help you to achieve your long term financial goals.

Product Details

• Amazon Sales Rank: #667717 in Books
• Published on: 1999-01-06
• Original language: English
• Number of items: 1
• Binding: Paperback
• 192 pages

Review
This is one of the best books for new investors to learn how to simplify their financial life and get results that beat the pro's! -- Matthew Roberts, President of Index Funds Online

About the Author
Dale C. Maley is a very successful private investor who has been a student of Financial Planning and Investing for over 20 years. He was trained as an engineer at the University of Illinois and has been a practicing engineer for 20 years. His accomplishments as an engineer include granting of 14 U.S. Patents and authorship of over 100 professional technical papers. He is also a member of the International Society of Automotive Engineers and the Society of Manufacturing Engineers.

He also has earned an MBA (Masters Degree in Business Administration) degree from Illinois State University. His background in mathematics, engineering, and business provides him with the excellent basis for understanding and teaching investments and financial planning.

He is a very successful investor who has been investing in common stocks and mutual funds since 1980. He has also personally invested in both 401(K) and IRA plans, so he is familiar with participation and management of these types of investments. He has been investing in indexed common stock mutual funds since 1990.

Customer Reviews

Good book for beginners
I was a total dummy when it came to investing. I wanted a book to teach me the basics of investing. This book more than met my needs. It only took a couple of hours to read, but it covered the basics of mutual funds, index funds, and asset allocation. The book was very easy to read and was not filled with terminology I did not understand. After reading the book, I am ready to start investing in index funds, and I have already started to learn more about asset allocation. A must read book for people new to mutual fund investing!

Wish this book was available 3 years ago!
3 years ago I invested a bunch of money in load funds selected by a financial planner. I also put some of the money into stocks I picked. After reading this book, if I had only put my money in index funds! If I had invested in index mutual funds I would have made tens of thousands more money over the last 3 years. Book was great because it explained investing in language I could understand!

Very basic information
This book is written for the total newbie to mutual fund investing. It does not offer specific advice on indicies or asset allocation, but it does make a clear argument for why to use a broad market index as the foundation for one's investment strategy. This is a one hour read.