2025 Edition
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 250 of the most cost-efficient no load mutual funds organized into 30 asset classes and explains 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.
This book's content are:
1) Overview, objectives, and perspective
2) Rational investment fund selection
* 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
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
Chapter 4: Buying no load mutual funds
* Where to purchase investment funds
* Buy mutual funds from companies doing business directly with the public
* Do not purchase funds through high cost channels
* The financial services industry and the cost of financial advisors
* Too few low cost funds & Far too many high cost funds
* Vanguard and Fidelity
* 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
5) Bond and cash investment fund considerations
* 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
