Winning with Index Mutual Funds - Hardcover

In clear and friendly language, the authors take you step by step through index funds in every category. These specialized mutual funds are tied to established target indexes like the Standard & Poor's 500 or the Dow Jones Industrial Average. In effect, then, Wall Street does the work of mixing and matching representative, high-quality stocks for index mutual fund buyers - without its usual sales loads and annual expenses. Fully 99.7 percent of your money goes directly to work for you.

With their enviable track record, low expenses, and moderate risk, index funds are poised to become the next big wave for investors. This book shows how anyone can climb on board -- and make higher returns.The authors cut through the maze of 6,000 mutual funds with a clear explanation of what indexing is and why it works. Investors will discover how to use index funds in a lifetime asset allocation plan, as a way to rebalance their portfolio, or even for auto-pilot buy and hold investing.The book supplies a list of index fund rankings, the first such directory of available funds, a roster of recommended funds, and plently of suggestions on avoiding the expensive experts. Readers will also find a Tweddell/Pierce Master Model Portfolio to help them index their own investments.