This invaluable new guide from financial expert David Scott analyzes the role that mutual funds play in achieving a balanced portfolio. In addition to explaining how shares in mutual funds are bought and sold, this clearly written book will show investors
• how to assess a fund’s investment objective in light of their own goals • how to choose from among stock, bond, and money market funds • how to evaluate the three different kinds of income associated with mutual funds — dividends, capital gains, and market appreciation • how to save on fees when buying and redeeming mutual fund shares
David Logan Scott was born and raised in Rushville, IN. He graduated from Purdue University, Florida State University, and earned a PhD in economics from the University of Arkansas. He has authored over two dozen books about investing and personal finance including Wall Street Words and the American Heritage Dictionary of Business Terms, both for Houghton Mifflin. He has also co-authored several travel books with his wife Kay W. Scott.