MUTUAL FUND INVE$TING

FOR BEGINNER$


PRAISE FOR AN EARLIER EDITION:

"...full of the right nuts and bolts." San Diego Union
"...explains principals and concepts of mutual funds in an understandable way for the laymen." another San Diego Union write-up.
"...provides a good overview of the field." Money Maker
"...worthwhile." San Diego Transcript
"...quite readable and useful..." Physician's Assets
"...informative." Ideas for Better Living

EXCERPTS:

from the Preface:

"Can stockbrokers consistently pick stocks that probably will make money for their clients? Do they, in short, have that flair, that genius...? Unfortunately, most don't. Just as there are only a few excellent doctors and lawyers, so are there only a few superior stockbrokers. The rest, much to their clients' detriment, labor, at best, with mediocre results."

again from the Preface:

"This guide isn't a get-rich-quick plan...So if you must know how to turn $1,000 into a million dollars, I can't help you. No honest person can."

once more from the Preface:

"You might understand the value of long term investing of ten years or more to accumulate wealth."

from Chapter 3:

"Of notable interest: In 2002, during one of the worst bear markets in American history,...lost just 8.12%. This was its first losing year since the 1987 Crash."

from Chapter 4:

"Here I confess an undying bias: in my opinion market timing is hogwash. I've never done it. I never will."

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