The Great Mutual Fund Trap: An Investment Recovery Plan

"In The Great Mutual Fund Trap, Gary Gensler and Gregory Baer take a critical and engaging look at how money is managed in America. They show how the financial industry's constant drumbeat of "trust the experts," "trade frequently," and "beat the market" has led millions of investors to take undue risks and pay fees and commissions that sabotage their returns." "But the news is not all bad. Innovative products now allow investors to save for retirement or a child's education in a diversified, tax-efficient way. From new indexing strategies to risk-managed stock selection, The Great Mutual Fund Trap offers investors an escape from high costs and immunity from Wall Street's marketing machine."--Jacket.