Dr. Jeremy Siegel: Are Stocks Still The Best Long-Term Investment Vehicle?
July 28, 2009 at 09:15 AM EDT
For more than a decade, author and academic Dr. Jeremy Siegel had the Midas touch. His book “Stocks For the Long Run,” first published in October 1996, surveyed more than 200 years of stock market history both in the United States and abroad and made a compelling case that common stocks are the very best long-term investment vehicle. Better than cash. Better than bonds. Better than real estate. Better than gold. In the roaring bull market of the 90s – and since – his book was required reading. Millions of investors were strongly influenced by his research. In the process, Siegel became a celebrity,…