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High-Flying Adventures in the Stock Market (hardcover)

by

Molly Baker

From the Publisher:

Ever wonder what happens to the money you send to your mutual fund? Ever wonder exactly what it takes to produce the performance numbers on your monthly statement? Maybe you own a few stocks, and buy and sell from time to time. But how would you like to be responsible for managing a $2 billion portfolio? What goes on behind the doors of those auspicious funds? Where does your money really go?" "In High-Flying Adventures in the Stock Market, Molly Baker shows you where the money goes. For one full year, Baker followed the day-to-day life of mutual fund manager Jerry Frey, leader of the top-performing Delaware Investments Select Growth Funds. With Baker sitting in, Frey and his team ran millions of dollars in the aggressive and competitive world of the market. Through their experiences, Baker takes you inside the stock market, behind the curtain and into the fast-paced world of mutual fund management. She gives you a real-life taste of what moving billions of dollars is like." "This story gives you access to the real world of the market. Baker shows you exactly why Frey buys the stocks he buys, and why and when he sells. You'll learn firsthand what happens when the Fed lowers rates, and what a savvy mutual fund manager does when the market takes a tumble. You'll be able to see what the pros do, and as a result, you'll get a better handle on how you're managing your own money right now.

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