Читать книгу Mutual Funds For Dummies - Eric Tyson - Страница 12

IN THIS CHAPTER

Defining mutual funds and exchange-traded funds

Understanding lending versus ownership investments

Weighing your options

Seeing the big picture: Returns, risks, and risk reduction

In my years of work as a financial advisor, educator, and a columnist answering many readers’ questions, I’ve seen the same, avoidable mistakes being made over and over. Often, these investing mistakes occurred for one simple reason: a lack of investment understanding. People didn’t know what their investing options were and why particular options were inferior or superior to others.

By reading this book, you can prevent yourself from making investment mistakes. And you can take advantage of an excellent investment vehicle: mutual funds — the best of which offer you diversification, which reduces your risks, and low-cost access to highly diversified portfolios and professional money managers, who can boost your returns with less risk. Funds are a vehicle to help you achieve your financial and personal goals. Mutual funds and exchange-traded funds can fit nicely in the context of your overall financial plans and goals. This chapter gives you an investment overview so you can see how mutual funds and exchange-traded funds fit into the overall investment world.