Avis sur le produitThe Future for Investors : Why the Tried and the True Triumph over the Bold and the New by Jeremy J. Siegel (2005, Hardcover)

Investing not Trading

Prof Jeremy Siegel lays out a logical and historical statistic-supported argument for buy-and-hold strategies for investing in the stock market. It is not fast and flashy; it's a set of simple ideas which, when supported by discipline, allows Joe Plumber to retire with a significant nest egg. He discusses risk, and why it is profitable to take certain types of risks when thinking like an investor.

The author discusses the effects of politics - tax policies - on investment decisions, and the choice of investment vehicles as it affects the choice of investments.

I bought it because the investment landscape is clearly different in 2008 than in 1928, or even 1968. This relatively new book argues a modern rationale for many of the classic Graham-and-Dodd wealth building strategies of nearly a century ago. In spite of everything that has changed, these strategies still work. Many of the brokerage houses' portfolio strategies depend on trading to capture profit, and trading expenses add up quickly to erode the total return. Siegel argues that buy-and-hold can still serve in the 21st century.

Not a particularly easy read, but certainly accessible for anyone looking to make a serious entry into the field of stock investing.Lire l'avis complet...

Good book! Great value!

I bought it for reading after class. The book is new and it reveals something that are different from what we thought!

Good Book

Good Book

Achat vérifié :  Oui | État : occasion | Vendu par : second.sale