Eric Tyson - Mutual Funds For Dummies

“Eric Tyson gets it. Mutual Funds For Dummies cuts through the clutter that clouds personal finance for millions of Americans. This is a must-read for the savvy investor and novice alike.”

—Gerry Dick, Indianapolis Economic Development Corp., and host of Indiana Business This Week, WRTV/WFYI-TV, Indianapolis

“I was clueless and intimidated by the terminology and information that I need to know about investing into mutual funds. This book has given me confidence as well as a sturdy foundation to begin investing.”

—Clifford Record, Colt’s Neck, New Jersey

“You don’t have to be a novice to like Mutual Funds For Dummies… . Author Eric Tyson clearly has a mastery of his subject. He knows mutual funds, and he knows how to explain them in simple English… . It’s hard to imagine a more accessible sourcebook.”

— Kiplinger’s Personal Finance Magazine

“ Mutual Funds For Dummies … is an excellent source for not only the novice investor but also for someone looking to enhance their understanding of one of the fastest growing investment tools.”

— Northwest Arkansas Times

“I handle my mother’s money and my own family’s, so it is very important that I make all the right moves and decisions. I didn’t have any confidence until I studied Eric Tyson’s books.”

—Lisa Patten, Lake Junaluska, North Carolina

“… Injects common sense into the dizzying world of mutual funds.”

— Oakland Tribune, California

“I liked how easy the book is to read. I understand more now about mutual funds than I did before I read the book — it’s excellent.”

—Dennis Pipper, Lansing, Michigan

“A book that should help investors be smarter … readable, comprehensive… . Tyson’s encyclopedic book is chock-full of useful examples and advice for both new and experienced investors… .”

— Christian Science Monitor

“ Mutual Funds For Dummies … brought me up to speed financially.”

—Riccardo Heald, New York, NY

“Comprehensive, well-organized information in an easy-to-read format.”

—Dianne L. Zimmerman, Rockville, Maryland

“ Mutual Funds For Dummies gives good common-sense advice about putting your financial house in order.”

—John B. Fout, MBA

“I wish my finance teachers in college had been this interesting and informative.”

—Lori Buono, reader

“Eric Tyson is far and away the best writer, most readable author, and most honest and intelligent voice in America today in the areas of personal finance and mutual fund investing.”

—David Diaman, Enrolled Agent

“Never have I been as impressed with the advice and insight offered by a columnist as I have been by Eric Tyson! Finally, there is someone in print cogently and lucidly speaking financial truth and common sense.”

—Kenneth S. Imbriale, Staten Island, New York

“Accurate, easy-to-read, and humorous; ‘teaches’ the reader rather than preaching at the reader!”

—Victoria L. Simmons, High Point, North Carolina

Mutual Funds For Dummies®, 8th Edition

Published by:

John Wiley & Sons, Inc.

111 River Street

Hoboken, NJ 07030-5774

www.wiley.com

Copyright © 2022 by Eric Tyson

Published by John Wiley & Sons, Inc., Hoboken, New Jersey

Published simultaneously in Canada

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Library of Congress Control Number: 2022936102

ISBN 978-1-119-88176-6 (pbk); ISBN 978-1-119-88046-2 (ebk); ISBN 978-1-119-88045-5 (ebk)

1 Cover

2 Title Page

3 Copyright

4 Introduction What’s New in This Edition How This Book Is Different Foolish Assumptions Icons Used in This Book Beyond the Book Where to Go from Here

5 Part 1: Getting Started with Funds Chapter 1: Making More Money, Taking Less Risk Introducing Mutual Funds and Exchange-Traded Funds Making Sense of Investments Surveying the Major Investment Options Reviewing Important Investing Concepts Chapter 2: Fund Pros and Cons Getting a Grip on Funds Opting for Mutual Funds Addressing the Drawbacks Chapter 3: Funding Your Goals and Dreams Acting Before Researching: The Story of Justine and Max Lining Up Your Ducks Before You Invest Reaching Your Goals with Funds