Morningstar Complete Investor

Christine Benz


In Circulation

Today's investment environment is filled with more choices than ever before. But with so many choices and so much information available for each one, investors face an uphill battle when attempting to make important investment decisions. Now, in a single volume for the first time, Morningstar, Inc. looks to improve this situation with Morningstar Complete Investor.

Divided into two comprehensive parts, Morningstar Complete Investor focuses on two of the most important investment vehicles currently available—mutual funds and stocks. It offers straightforward and accessible advice on understanding the essential features of these investments and illustrates how to integrate them into your own personal portfolio.

In the first part of the book, Morningstar mutual fund expert Christine Benz will put you on the right path to building a sound, satisfying, and profitable mutual fund portfolio. She walks you through the often-intimidating mutual fund selection process, helps you choose the right funds to meet your goals, and shows you how to protect your assets in any market environment. Benz also discusses how to

Minimize mutual fund costs by understanding expense ratios, loads, and other fund charges Keep your portfolio on the right track with quarterly and annual reviews Assess the quality of a fund's manager, and next steps should a fund manager leave

In the second part of the book, Pat Dorsey, the Director of Stock Analysis for Morningstar, Inc., will help you understand how stocks operate, how to avoid the common pitfalls of stock investing, and how to build a strong portfolio of stocks. Filled with unparalleled stock research and investment strategies, this section covers a wide range of stock-related topics, including:

How to find great companies that will create shareholder wealth How to dig into a financial statement and find hidden gold . . . and deception How to recognize red flags that can cause blowups in a portfolio

You don't need an MBA to be a successful investor. What you do need is accurate information and the knowledge and self-confidence to act on that information. Brought to you by Morningstar, Inc., Morningstar Complete Investor will give you the information you need to succeed and help you build and maintain a profitable portfolio today, and for years to come.

Christine Benz is Editor of Morningstar&reg Mutual FundsTM , a bimonthly publication, and Morningstar&reg Funds 500TM , an annual book covering 500 top mutual funds. She has worked as a Morningstar analyst and editor since 1993, focusing on growth-oriented funds. Benz is widely quoted in the media and appears regularly on CNBC.

Pat Dorsey, CFA, is the Director of Stock Analysis for Morningstar, Inc. He writes regularly for and heads Morningstar's team of equity analysts. He was instrumental in developing the Morningstar Rating for stocks and played a key role in building Morningstar's stock coverage.

 Dorsey is widely quoted in the media, including USA Today, U.S. News & World Report, NBC Nightly News, CNBC, and CNN. He also appears weekly on the Bulls and Bears financial show on FOX News Channel.

What will you learn from this book

  1. Investment Fundamentals: Explaining the foundational principles of investing, including risk assessment, diversification, and understanding different asset classes.

  2. Portfolio Construction: Discussing strategies for constructing a well-balanced investment portfolio tailored to individual goals, risk tolerance, and time horizon.

  3. Importance of Research: Emphasizing the significance of conducting thorough research before making investment decisions, including analyzing financial statements, evaluating management, and considering competitive positioning.

  4. Long-Term Perspective: Encouraging a long-term approach to investing and highlighting the benefits of staying focused on investment objectives amidst short-term market fluctuations.

  5. Behavioral Finance Insights: Addressing behavioral biases that can affect investment decisions and providing guidance on overcoming emotional influences to make rational investment choices.

  6. Income Generation Strategies: Exploring various methods to generate income from investments, such as dividend-paying stocks, bonds, or other income-generating assets.

  7. Risk Management Techniques: Discussing risk management strategies, including diversification, asset allocation, and managing downside risk to protect investments.

  8. Tax-Efficient Investing: Understanding the importance of tax efficiency in investing and exploring strategies to minimize tax liabilities within investment portfolios.

  9. Investment Vehicles: Providing insights into different investment vehicles like mutual funds, exchange-traded funds (ETFs), individual stocks, and bonds, explaining their advantages and risks.

  10. Regular Portfolio Monitoring: Stressing the importance of regularly reviewing and adjusting investment portfolios to align with changing financial goals, market conditions, and personal circumstances.

Language English
ISBN-10 978-0760779675
ISBN-13 9780760779675
No of pages 495
Font Size Medium
Book Publisher John Wiley and Sons Inc
Published Date 01 Jan 2006

About Author

Author : Christine Benz


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