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ISBN: 0595330630, 5-9533-0630-XИздательство: iUniverse, Inc.
Год издания: 2004
Book DescriptionEveryone desires to control their financial destiny; but many feel overwhelmed, fearful, or uncertain how this can be accomplished. Lectures on personal finance are rarely offered; and when "free" presentations--called seminars--are promoted, they are far from an educational experience. The underlying objective is to solicit sales of securities for which the presenter, a financial advisor, receives a commission. However acquired, the investment company is the investment of choice for the individual investor. Therefore, in The ABCs of Mutual Funds , author Robert Anthony Chechile explains the different investment company securities: mutual funds, contractual plans, hedge funds, exchange traded funds, folios, unit investment trusts, and variable annuities. Mr. Chechile discusses the securities industry: the differences between full service and discount securities dealers and the role and legal obligations of stockbrokers, as well as financial planners, and...