Product Description
THE ASTUTE INVESTOR Building Wealth with No-Load Mutual Funds Most of us are too busy to sit and watch stock prices go up and down. Unfortunately, that also means that many of us don't have much confidence when it comes to putting our hard-earned cash to work for us. Everyone wants to build wealth. But how can you do it safely?
Now investors at all levels of expertise have a logic-based, easy-to-follow system for establishing and achieving their financial goals. Specifically, The Astute Investor shows anyone how to build wealth using no-load mutual funds (professionally managed funds that do not carry a sales charge). The book provides a guide to initially choosing high-quality funds and making periodic adjustments to a portfolio to assure that goals are reached. Readers learn to:
** analyze their present financial situations and set up plans that provide funding for future needs, like buying a home, college expenses, and retirement ** allocate their assets wisely among equities, fixed income securities, and cash reserves ** use three simple tools that provide all the research needed ** select a small number of funds to achieve diversification, a tolerable level of risk, and good return on investment ** minimize their income tax and determine how much to invest each month For everyone who wants a secure, sensible approach to investing, this book is the best investment of all.
C. TODD CONOVER (Los Altos, CA) was Comptroller of the Currency during the Reagan administration. He is president of The Vantage Company, which helps clients in the financial services industry with strategy, marketing, and profit improvement. Previously, he worked with Edgar, Dunn & Company (where he was a founding partner), McKinsey & Company, and KPMG Peat Marwick (where he was national director of bank consulting).