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Exposing the seamy underbelly of the retail mutual fund industry, this helpful primer
by seasoned financial advisor Edelman offers step-by-step instructions for how to beat
it at its own game. We have more to worry about than the ordinary fallibility of mutual
fund managers, he explains; the entire industry has become flush with liars, crooks, and
charlatans. Writing in a calm, well-reasoned manner, Edelman (Ordinary People,
Extraordinary Wealth) explores basic concepts of portfolio management and retirement,
and college and elder-care savings approaches. The book gets off to a slow start as
Edelman works to ensure that less sophisticated readers are not passed by. After a
sobering look at deceptive marketing practices, illegal market timing, late trading and
excessive and hidden fees in the retail mutual fund sector, Edelman breaks down the
options for ordinary people to regain their savings from crooked hands, in a detailed,
interactive guide to portfolio selection. Edelman's clear writing and helpful advice are
sure to win him a satisfied audience.

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