Investing Unit 6: Summary

• Introduction
• Unit 1: Basic Building Blocks of Successful Financial Management
• Unit 2: Investing Basics
• Unit 3: Finding Money to Invest
• Unit 4: Ownership Investments
• Unit 5: Fixed-Income Investing
• Unit 6: Mutual Fund Investing

• What is a Mutual Fund?
• Why Mutual Funds?
• Advantages of Mutual Fund Investing
• Disadvantages
• Marketplace
• Index Funds
• Cost and Where to Buy
• Find the Right Mutual Fund
• Summary
• Action Steps
• About the Author

• Unit 7: Tax-Deferred Investments
• Unit 8: Investing Small Dollar Amounts
• Unit 9: Getting Help: Investing Resources
• Unit 10: Selecting Financial Professionals
• Unit 11: Investment Fraud

• Study Guide
• Action Steps
• Monthly Investment Messages
• Glossary

Successful mutual fund investing requires a plan and the discipline to stick to your plan. Mutual funds are a proven winner and one of the best ways for the small investor to build wealth while managing risk. This unit has reviewed what mutual funds are and how they work, their advantages and disadvantages, fund categories and investing objectives, and, finally, the mutual fund selection process. You have what you need to get going. As the NIKE advertising slogan says, “Just do it.” Start with the action steps for this unit.

Work on the Action Steps now to get started.