The smarter approach to mutual fund investing, from the industry-defining expert Bogle On Mutual Funds contains the industry-defining wisdom of the mutual fund pioneer John C. Bogle to help you identify and execute the ideal mutual fund investment for your portfolio. The former Vanguard Chief Executive, Bogle has long been mutual funds' most outspoken critic; in this book, he gives you the low down on what you should and shouldn't believe when it comes to mutual funds. You'll learn the differences between common stock, bond, money market, and balanced funds, and why a passively managed "e;index"e; fund is a smarter investment than a fund managed by someone making weighted bets on individual securities, sectors, and the economy. Bogle reveals the truth behind the advertising, the mediocre performance, and selfishness, and highlights the common mistakes many investors make. An industry giant with a proven performance record and an acclaimed reputation for investor activism and shrewd management, John C. Bogle continues to push the industry to new heights. This book gives you his personal perspective on mutual funds, and how to approach them for the best possible outcome.

Consider the risks and rewards of investing in mutual funds Learn how to choose between the four basic types of funds Choose the lower-cost, more reliable investment structure See through misleading advertising, and watch out for pitfalls Much of what you've heard about mutual funds is misleading at best, flat-out wrong at worst. When structured appropriately and approached with realistic expectations, the right mutual fund can be a valuable addition to any portfolio. Bogle On Mutual Funds shows you how to do it right, with the expert perspective of an industry leader.