A Wiser Road to Wealth: Buyer's Guide to the Lowest Cost No Load Mutual Funds
Book Details
Author(s)Lawrence Russell
ISBN / ASINB00AMVO0Z8
ISBN-13978B00AMVO0Z2
Sales Rank607,031
MarketplaceUnited States 🇺🇸
Description
Summer/Fall 2014 Edition (updated August 2014)
With this book, you can easily find the lowest cost and most broadly diversified no load mutual funds that are available for direct purchase without having to pay a financial advisor. This ebook lists over 200 of the most cost-efficient no load mutual funds organized into 30 asset classes and provides research evidence explaining why a very low cost lifetime index investment strategy is preferable
The author holds a BS from MIT (1975), an MA from Brandeis University (1979), and an MBA from Stanford University (1982) and is the Managing Director of an independent California Registered Investment Adviser firm.
Chapter contents are:
1) Overview, objectives, and perspective
2) Buy the lowest cost no load mutual funds
* Too few low cost funds and far too many high cost funds
* The stability of low expenses versus past performance
* Purchase mutual funds through the lowest cost channels
* Websites of the lowest cost mutual fund companies
* Fidelity, Schwab, and Vanguard have more low cost funds
* Low cost mutual fund companies will help you to invest
* Financial advisors sell mutual funds that pay them not you
3) The lowest cost no load mutual funds available for direct purchase (200+ funds in 30 categories)
* Global and International Stock Mutual Funds
* US Total Market & Multi-Cap Stock Mutual Funds
* US Domestic Stock Mutual Funds by Market Capitalization
* Global/International Bond Mutual Funds
* US Taxable Bond Mutual Funds
* Municipal Bond Mutual Funds
* Real Estate/REOC/REIT Mutual Funds
* Money Market Mutual Funds
4) Rational investment fund selection criteria
* Never pay adviser sales loads or 12b-1 fees
* Choose funds with the lowest management fees
* Select funds with the lowest portfolio turnover
* Avoid large actively managed funds
* Choose mature investment funds
* Avoid very small investment funds
* Screen to eliminate significantly inferior fund performance
5) Other stock, bond and cash investment fund considerations
* Do your research – and do it BEFORE you buy
* Buy funds only to implement a very long-term buy-and-hold-and-hold strategy
* How many investment funds should I own?
* Should I invest in dividend stock funds?
* Target date mutual funds may not be your best choice
* Invest in fixed income securities through low cost bond index funds
* Bond mutual fund fees
* Scarce low-cost international bond index mutual funds
* Screening cash investment funds
* Determining if a mutual fund does business directly with the public
* Asset tax location strategies can significantly reduce your taxes
* Portfolio optimization with an asset tax location example
* The financial services industry and the cost of financial advisors
With this book, you can easily find the lowest cost and most broadly diversified no load mutual funds that are available for direct purchase without having to pay a financial advisor. This ebook lists over 200 of the most cost-efficient no load mutual funds organized into 30 asset classes and provides research evidence explaining why a very low cost lifetime index investment strategy is preferable
The author holds a BS from MIT (1975), an MA from Brandeis University (1979), and an MBA from Stanford University (1982) and is the Managing Director of an independent California Registered Investment Adviser firm.
Chapter contents are:
1) Overview, objectives, and perspective
2) Buy the lowest cost no load mutual funds
* Too few low cost funds and far too many high cost funds
* The stability of low expenses versus past performance
* Purchase mutual funds through the lowest cost channels
* Websites of the lowest cost mutual fund companies
* Fidelity, Schwab, and Vanguard have more low cost funds
* Low cost mutual fund companies will help you to invest
* Financial advisors sell mutual funds that pay them not you
3) The lowest cost no load mutual funds available for direct purchase (200+ funds in 30 categories)
* Global and International Stock Mutual Funds
* US Total Market & Multi-Cap Stock Mutual Funds
* US Domestic Stock Mutual Funds by Market Capitalization
* Global/International Bond Mutual Funds
* US Taxable Bond Mutual Funds
* Municipal Bond Mutual Funds
* Real Estate/REOC/REIT Mutual Funds
* Money Market Mutual Funds
4) Rational investment fund selection criteria
* Never pay adviser sales loads or 12b-1 fees
* Choose funds with the lowest management fees
* Select funds with the lowest portfolio turnover
* Avoid large actively managed funds
* Choose mature investment funds
* Avoid very small investment funds
* Screen to eliminate significantly inferior fund performance
5) Other stock, bond and cash investment fund considerations
* Do your research – and do it BEFORE you buy
* Buy funds only to implement a very long-term buy-and-hold-and-hold strategy
* How many investment funds should I own?
* Should I invest in dividend stock funds?
* Target date mutual funds may not be your best choice
* Invest in fixed income securities through low cost bond index funds
* Bond mutual fund fees
* Scarce low-cost international bond index mutual funds
* Screening cash investment funds
* Determining if a mutual fund does business directly with the public
* Asset tax location strategies can significantly reduce your taxes
* Portfolio optimization with an asset tax location example
* The financial services industry and the cost of financial advisors
