The Morningstar Guide to Mutual Funds: 5-Star Strategies for Success

Technical analysis may be necessary to wring every last penny out of your investment portfolio, but knowing and implementing the time-tested knowledge of the fundamentals is what guides a new or seasoned investor safely along the path to success. Guide To Mutual Funds 5-Star Strategies for Success is essential to new investors to help them establish their safe place in the investment community. This 'textbook' presents and explains most all of the most important investment tools and concepts to safely invest in bonds, stocks and mutual funds. It explains how to properly gauge and understand risks, the import role of the fund manager, how to build and manage a portfolio of investments, the value of, and how to use Morningstar investment analysis tools, investing in bear and bull markets, the challenges of investing in sector funds, identifying sell flags, and other essential knowledge and wisdom which will build an investor's skill and confidence in investing. I give it five stars! Hal Dekker Roseville, CA

Praise for Morningstar Guide to Mutual Funds "Picking actively managed mutual funds is no mean challenge. And as the recent era underscores, past performance is of little help. The Morningstar Guide to Mutual Funds helps cut through the fog with a solid volume of constructive advice. The central message-'truly diversify, keep it simple, focus on costs, and stick with it'-is not only timeless, it is priceless."
-John C. Bogle, founder and former CEO, The Vanguard Group "There's nothing Morningstar doesn't know about mutual funds. And at last, for ready reference, there's a book. You'll find everything here you need to know about managing fund investments, inside or outside a 401(k)."
-Jane Bryant Quinn, Newsweek columnist and author of Making the Most of Your Money "All serious mutual fund investors know that Morningstar is the source of impeccable data and sound investment advice. This book is the culmination of nearly two decades of research, analysis, and good old commonsense wisdom."
-Tyler Mathisen, financial journalist, CNBC "Momentum investing, the hype in NASDAQ, the dot-com mania are mostly behind us. Now, we must navigate through the market debris. We need a compass as we look to allocate our financial resources in a way best suited to maintain purchasing power and fully fund retirement. The Morningstar Guide will help investors find true north and steer a course to reach their long-term financial goals."
-Mario J. Gabelli, Chief Investment Officer
Gabelli Asset Management, a publicly traded company "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

GUIDE TO MUTUAL FUNDS SECOND EDITION "Picking actively managed mutual funds is no mean challenge. And as the recent era underscores, past performance is of little help. The Morningstar Guide to Mutual Funds helps cut through the fog with a solid volume of constructive information. The central message--'truly diversify, keep it simple, focus on costs, and stick with it'--is not only timeless, it is priceless." --John C. Bogle, founder and former CEO, The Vanguard Group "Successful investors know they must do their own due diligence. Morningstar has done much of that homework in this guide. Leave it to Morningstar to get it right, offering smart ways to pick, build and monitor a portfolio. It's a commonsense guide that should grace every investor's shelf." --Ted David, CNBC Anchor "There's nothing Morningstar doesn't know about mutual funds. And at last, for ready reference, there's a book. You'll find everything here you need to know about managing fund investments, inside or outside a 401(k)." --Jane Bryant Quinn, Newsweek columnist and author of Making the Most of Your Money From one of the most trusted and respected names in the financial industry Morningstar comes Morningstar's Guide to Mutual Funds. This comprehensive guide is filled with lively anecdotes and a clear presentation of select financial information that will help readers build and maintain a profitable mutual fund portfolio. This book will allow investors to take an objective and informed look at their investments, as well as learn what mutual funds are, when and how they should be used, and what their advantages/disadvantages are From one of the most trusted and respected names in the financial industry comes this comprehensive guide filled with lively anecdotes. Phillips gives a clear presentation of select financial information that will help readers build and maintain a profitable mutual fund portfolio From the global investment research firm Morningstar, this text provides investors with the tools and advice to build and maintain a profitable mutual-fund portfolio.