Posted on July 14, 2009 - by Alvin

Why Stocks?

Photo by Opo Terser

Most people find stocks attractive as it promises quick money to be made. It is only when they get into the market and lost money that they realized that money does not fall from the sky. On the contrary, the bookstores and the press are not short of successful stories about someone raking millions from the market. This gives constant motivation to the public that there is still a chance for them to make it big in the market. I would say for most people there is a love and hate feeling towards stocks. So, can stocks really build wealth?

The answer is yes but there is a condition.

A condition that is not 100% guaranteed but has a rather high success rate – that is to hold stocks for the long run. You probably heard it often that it even turns you off. But before you hit the button for another site, allow me to convince you. I have to let you understand why stocks is still going to be your favourite wealth building avenue.

Jeremy Siegel wrote a very easy to understanding book, “Stocks For The Long Run“, which pretty convinced me. So it is my turn to spread his words and convince you too. Read more…

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