2) What mutual funds are really all about. Anyhow, read all about it here. In fact, this book is a must read for anyone with a mutual fund or who is even thinking about thinking about buying one. It obviously gets a Business Press Maven "Help" label. Fast forward right to Chapter Four, where you can read about everything from costs to stale pricing managers who jump jobs and moonlight for hedge funds when they are not window dressing their funds with hot stocks at the end of the quarter. There is also a timeline of scandal in the chapter, which stretches nearly to the end of time, but scandal is everywhere. The 25 criticisms are more essential to be aware of. The problem is, much of the public is not equipped to pick their own individual stocks, and Edelman makes that point appropriately clear. So read on for his recommendations, which float from institutional mutual funds to exchange-traded funds to, in some circumstances, variable annuities. (Ugh. But I digress and, again, in fairness to Edelman, he brings up negatives.) Flip through the suggestions to see what might make sense to you. There is a lot out there. While you are at it, ignore certain aspects of the book outright, like Edleman's reminder not to let a book substitute for a real live financial advice firm like his (probably true, but shameless). Also ignore some historically suspect claims, like ones about how only 20 years ago college savings was a "revolutionary idea" and few had heard of mutual funds and financial planning. That sounds like it comes right out of a mutual fund sales pitch, which is something Edelman does know a lot about. Mutual fund owners, this book's Chapter Four is as important to understand as anything you will read. And that's no lie.