Author Helping Others Take Charge

Author Robert Anthony Chechile, announces the publication by iUniverse Inc. of a definitive sourcebook written especially for the risk-averse, individual investor. The ABCs of Mutual Funds has everything the average individual needs to control his or her financial destiny and achieve financial success through investment company securities, and more. This is Mr. Chechiles second book, within seven months of publishing his first book, 5-Star rated, The ABCs of IPOs.

Hemet, CA (PRWEB) November 22, 2004 -- Despite a widespread need, there are few, if any, schools offering lectures on investments" or personal finance." The average individual typically feels overwhelmed, fearful, or uncertain how to begin to control his or her financial destiny, and will eventually seek help. Many financial service organizations conduct sales presentations-called financial seminars-to interested individuals using a "free" lunch or dinner as a hook. However, these are usually far from the educational experience anticipated by the unwitting attendees. The objective being to solicit sales of a particular security for which the presenter, typically an investment advisor, receives a substantial sales fee. The most expensive free" meal anyone could ever receive.

The investment company is both the conventional wisdom and the investment of choice for the individual investor. In The ABCs of Mutual Funds, author, and former stockbroker, Robert Anthony Chechile discusses-for those seeking financial control-all the different investment company securities: mutual funds, contractual plans, hedge funds, exchange traded funds, folios, unit investment trusts, and variable annuities. Mr. Chechile also explains the securities industry: the differences between full service and discount securities dealers, and the role and legal obligations of stockbrokers, financial planners, and investment advisors. The ABCs of Mutual Funds shows how to minimize risk with capital allocation and diversification guidelines; and, provides investment strategies that can avoid being caught in the fear-greed trap. Finally, Mr. Chechile offers investment company, selection guidelines and criteria, and then uses these to construct a hypothetical investment company portfolio, the future performance of which is then critiqued 7½ years later.

In a recent interview, author Chechile describes his motivation for writing investment guide sourcebooks for individual investors. Throughout my career as a stockbroker, I saw all kinds of problems that the average, risk-averse, individual investor could get into. Too many clients would seek help to repair portfolios of deceptive securities that had transacted previously with other firms that would typically no longer be in business. Therefore, the vulnerability of the individual investor has been paramount in the writing of this book."

The topic of investments" has plagued people since the concept of money was invented, and this is likely not to change, which makes The ABCs of Mutual Funds, and its companion, The ABCs of IPOs, both timeless and timely.

"An absolute 'must-read' for anyone.... Recommended investment guidelines and selection criteria ensure that The ABCs of Mutual Funds pays for itself, as tips, tricks, and techniques for avoiding costly mistakes are worth their weight in green." -- Midwest Book Review, Jan. 9, 2005

Availability
The ABCs of Mutual Funds
Everything Your Financial Consultant Really Doesnt Have Time to Explain
Robert Anthony Chechile
Business and Economics / Personal Finance
Trade Paperback
     ISBN: 0-595-33063-0
     Price: $21.95
Hardcover
     ISBN: 0-595-66742-2
     Price: $31.95
Publication Date: Nov, 2004
276 Pages
Size: 6 x 9 Inches
Available from: Ingram Book Group, Baker & Taylor, Barnesandnoble.com, Amazon.com, and iUniverse.com.

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