JK Lasser's Guide To Mutual Fund Investing is a "must have" for anyone like me who is trying to decide how to invest their 401k/403b. It explains"new" funds, convertible and REIT funds, and the difference between index funds and managed funds and when to use them. This book will help you avoid some of the mistakes that trip up the average investor. Before I read this, I didn't realize how badly the average investor does.  

This book helps take the mystery out of mutual fund investing. In my case, (investing for retirement), I'm trying to create a portfolio that is balanced, diversified, and smart. This book has given me the tools I need to make the right choices. The book is well written and the topics it covers are clearly presented. It was an enjoyable read (surprising!). I HIGHLY recommend this book.

Great investment guide and resource book--well written and very understandable. I wish I had a resource like this 25 years ago. Read this book to understand the reasoning behind indexing, why your portfolio should be balanced in the ways described, and to learn about the new fund effect as an effective way to maximize investment gains. Also learn about convertibles, REITs and other interesting and little understood investment topics.

....As a thirty five year professional in the investment industry, I found this book, Pick Winning Mutual Funds, written by the same authors who wrote Winning with Index Funds, a very valuable book for anyone, like a seasoned professional such as myself, to a first time investor.I wish a book like this had been available when I started in the investment business in 1964. These two authors broke new ground again.This is the first book that acually explaines how one can go about finding the right funds that fit their protfolio.It also shows how to stop paying high up front sale charges and excessive annual fees. The well researched book is full of information I've never come across before--like how to reduce risk and where to get good on-line information about funds. And, one of the most important things I learned was when to use index funds(and which ones) and when to use managed funds. It's a great book for someone who is trying to figure out which mutual fund in which to invest... ...........I strongly recommed it..!!!

Rich Ames