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Claim This BookMutual Funds Exposed, 2nd Edition
What You Don’t Know May Be Hazardous to Your Wealth (Wealth Management)
by Kenneth Kim, William Nelson
About the Book
Mutual funds became popular in the 1920’s as a way for smaller investors to get the benefits of having professional managers creating diversified portfolios. But even from the beginning, mutual funds had structural flaws that created disappointing long-term performance, thereby harming the financial well-being of millions of mutual fund investors. Some of these flaws include high costs, embedded capital gains, hidden costs, over-diversification, lack of transparency, and even sneaky behavior. Mutual Funds Exposed is an engaging, easy-to-read expose rips the cover off an industry that commands trillions of dollars of investor savings, and clearly shines a bright light on these pitfalls of mutual funds. It also provides a glimpse into alternatives that investors can choose that give them the investing advantages that ultra-wealthy investors and institutions have enjoyed for decades. This is a must-read for any investor who wants to achieve financial freedom.
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Book Details
| ASIN | B01E57ME98 |
|---|---|
| ISBN-10 | 0990824918 |
| Author(s) | Kenneth Kim , William Nelson |