Читать книгу Mutual Funds For Dummies - Eric Tyson - Страница 53

Lining Up Your Ducks Before You Invest

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The single biggest mistake that fund investors make is investing in funds before they’re prepared — both financially and emotionally. You should get your financial ship in shape — sailing out of port with leaks in the hull is sure to lead to an early, unpleasant end to your journey. And you should determine what you’re trying to accomplish with your investing and what risk you’re comfortable with.

Throughout this book, I emphasize that particular mutual funds and exchange-traded funds are specialized tools for specific jobs. I don’t want you to pick up a tool that you don’t know how to use. This section covers the most important financial steps for you to take before you invest so you get the most from your fund investments.

Mutual Funds For Dummies

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