The Right Way to Invest in Mutual Funds

I recommend this book strongly to all those who are starting out as mutual fund investors. It provides a clear analysis of the issues and tradeoffs involved in mutual fund investing and explains all the relevant concepts and terminology. It also teaches a fundamental tenet of investing - "set a limit on your greed"!!

This book assumes a basic knowledge of mutual funds but goes into the nuances you need to really ferret out the winning funds and also helps you put together a great portfolio based on your timeframes. I would have given it a 10 but it was hard to use as a reference after reading it through since the important information was sprinkled throughout the chapters and appendices. It was long enough to have the pertinent information you need but short enough to be able to read through it in a few evenings.