V. 4:1 (29-30): The handbook for no-load fund investors by Bill Dunbar

V. 4:1 (29-30): The handbook for no-load fund investors by Bill Dunbar
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The handbook for no-load fund investors by Bill Dunbar

This book is up-to-date and effective in almost all respects. I'd say it's well worth the money to anyone interested in mutual funds. Also, if there is an investor left among us who still thinks he is deriving some benefit from a loading charge, he shouldn't have to read beyond the Preface to be relieved of such fantasies. Though it treats the entire span of investment objectives, the emphasis is on "aggressive growth" and on switching funds every 'one to four years' as required by the rise and fall of individual funds and by the ups and downs of the general market.

The first half of the book is devoted to informative text material including all important aspects of mutual fund investing, and terminating with a glossary of mutual fund terms. The authors have made it interesting and convincing with historical sketches, sample graphs and supporting statistics.

The funds are categorized in the usual fashion in accordance with objectives or type of portfolio, i.e., aggressive growth, growth, growth-income, income, bonds, municipal bonds, money market, other classifications, closed-end and dual funds.

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