Book Review: Stop Wasting Your Wealth in Mutual Funds - Separately Managed Accounts - The Smart Alternative by Don Wilkinsoncategories: Book, Business, Investing, Wealth, Mutual Funds
Author: Don F. Wilkinson
Publisher: Kaplan Business
Brand: Brand: Kaplan Publishing
Eye OpeningOne of the best and easy to read books I have seen. I always thought you needed at least 500k to be in separate account but not so according to Wilkinson. I want my assets in the market managed by institutional managers not mutual fund companies. I learned many things in this book, like mutual funds have higher fees and taxes - two things that I want lower. I also learned that 85% of the funds don't beat the S&P. Ouch, I'm calling my advisor tomorrow and moving to separate accounts. I would give it 6 stars if it was available. GREAT BOOK.
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