About the book and its Contents:
This wonderful 380 page hardbound book is about the power of stocks in the long-run is written by Jeremy Siegel, a Professor of Finance at The Wharton School of the Univesity of Pennsylvania.
In one chapter, it discusses the long history of the S&P Index and its historical performance. In another chapter, it discusses how other investment vehicles such as gold and treasury bills have performed against stocks. But in essence, this book is about persuading the reader that stocks have, in the long-run, have outperformed other investment options.
Review
This book will let you appreciate the power and value of investing in stocks for the long-term. This book is not meant for short-term traders.
Difficulty Level = 2/5
Personal Rating = 5/5
This is an excellent book that bases its analyses on factual historical data. If you want to learn more about stocks, especially US stocks, then this is it.
This is an excellent book that bases its analyses on factual historical data. If you want to learn more about stocks, especially US stocks, then this is it.
Personal finance tip for today:
Although stocks do indeed outperform other investments in the long-run, it is not a good idea to place all your money in stocks, especially if you plan to use part of that money in the short to medium term.
The amount you place will depend on many factors, which include: your appetite for risk, financial situation, expected needs, and many more.
Theirs a few stocks for the long run.
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