Today's investment environment is filled with more choices than ever before. But with so many choices and so much information available for each one, investors face an uphill battle when attempting to make important investment decisions. Now, in a single volume for the first time, Morningstar, Inc. looks to improve this situation with Morningstar Complete Investor.Divided into two comprehensive parts, Morningstar Complete Investor focuses on two of the most important investment vehicles currently available-mutual funds and stocks. It offers straightforward and accessible advice on understanding the essential features of these investments and illustrates how to integrate them into your own personal portfolio.In the first part of the book, Morningstar mutual fund expert Christine Benz will put you on the right path to building a sound, satisfying, and profitable mutual fund portfolio. She walks you through the often-intimidating mutual fund selection process, helps you choose the right funds to meet your goals, and shows you how to protect your assets in any market environment. Benz also discusses how to:* Minimize mutual fund costs by understanding expense ratios, loads, and other fund charges* Keep your portfolio on the right track with quarterly and annual reviews* Assess the quality of a fund's manager, and next steps should a fund manager leaveIn the second part of the book, Pat Dorsey, the Director of Stock Analysis for Morningstar, Inc., will help you understand how stocks operate, how to avoid the common pitfalls of stock investing, and how to build a strong portfolio of stocks. Filled with unparalleled stock research and investment strategies, this section covers a wide range of stock-related topics, including:* How to find great companies that will create shareholder wealth* How to dig into a financial statement and find hidden gold . . . and deception* How to recognize red flags that can cause blowups in a portfolioYou don't need an MBA to be a successful investor. What you do need is accurate information and the knowledge and self-confidence to act on that information. Brought to you by Morningstar, Inc., Morningstar Complete Investor will give you the information you need to succeed and help you build and maintain a profitable portfolio today, and for years to come.
Morningstar has done much of that homework in this guide. Leave it to Morningstar to get it right, offering smart ways to pick, build, and monitor a portfolio. It's a commonsense guide that should grace every investor's shelf.
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The book provides a fundamental framework for successful long-term investing. The book helps investors answer two key questions: How can investors identify a great business, and when should investors buy that business to maximize return?
This book will be accompanied by a web-based tool created by Morningstar, which will enable readers to evaluate their own funds using Kinnel's criteria.
And as the recent era underscores, past performance is of little help. The Morningstar Guide to Mutual Funds helps cut through the fog with a solid volume of constructive information.
The fact that there is only one Peter Lynch does not doom a fund forever, any more than the fact there was only one Babe Ruth ... during the relatively short stewardship of Morris Smith, throughout Jeff Vinik's four-year leadership, ...
Better still, the fund figures to be a great pick for taxable accounts, because the previous manager's snafus here make for a large tax-loss carryforward that can be used to balance future gains. Royce Premier Recommending a Royce fund ...
Adopting Best Practices From John Templeton, Peter Lynch, and Warren Buffett Scott A. Chapman CFA. 7 Proctor, Templeton Touch, 79. 8 Berryessa and Kirzner, Global Investing, 123. 9 Wall Street Week with Louis Rukeyser, November 16, ...
This book can help you: Start a new portfolio Shape up your portfolio for 2005 Find 2005's best values You'll also benefit from: Advice on the best times to sell a stock Tips for picking great companies Guidance on the best and worst ...
Some pay out only a little, while others the kind of companies this book tells you about pay out a lot, thereby setting the investor free from fickle market prices and unreliable capital gains.