Much has changed since the last edition of stocks for the long run. The financial crisis, the deepest bear market since the great depression and the continued growth of the emerging markets are just some of the contingencies directly affecting every portfolio in the world. To help you navigate markets and make the best investment decisions, jeremy siegel has updated his bestselling guide to stock market investing. This new edition of stocks for the long run answers all the important questions of today: how did the crisis alter the financial markets and the future of stock returns? what are the sources of long-term economic growth? how does the fed really impact investing decisions? should you hedge against currency instability? stocks for the long run, fifth edition, includes brand-new coverage of: the financial crisis - siegel provides an expert's analysis of the most important factors behind the crisis, the state of current stability or instability of the financial system and where t

From one of the world's top investing experts, and the bestselling author of STOCKS FOR THE LONG RUN, comes a book that challenges certain conventional wisdom. Based on groundbreaking research, THE FUTURE FOR INVESTORS makes the case that as an investor you are better off with old, reliable companies, many of whose products have not changed for years. Asserting that new companies and new industries often generate returns inferior to older companies in slow-growth or even shrinking industries, Siegel explains why growth itself is an investment trap, luring us into overpriced stocks and overly competitive industries. In this timely and practical book, this key idea is placed into the context of such issues as the aging crisis and the shift in global economic power to the emerging markets of China and India.