Mutual Funds: Your Money, Your Choice... Take Control Now and Build Wealth Wisely

Chapter 29. How to Use Mutual Funds Effectively

There are ways to deal with many of the problems that arise when investing in mutual funds. Much of the solution comes down to investors educating themselves, allowing them to avoid many of the problems and deal more efficiently with those that can't be avoided. This means, of course, that the burden is on investors themselves to spend some time learning about the pros and cons of owning mutual funds. The rewards of doing so, however, can be great.

We now know that the costs of owning funds can vary widely across funds, and that the cost structure often has a big impact on final performance. The obvious conclusion to draw here is that investors should pay close attention to the costs of the funds ...