Finally wrapped up my read of "The Future for Investors" by Jeremy J. Siegel.
This is a great book for almost anyone who invests.* I say almost anyone because it may be slightly advanced for brand new investors and it may not have anything new for the one percent on the other side of the scale.
Siegel provides some good historical insights as well as a look at the future as the title implies.
He recommends a 50-60% position in international stocks and does a fine job providing justification.* Additionally, he covers most other segments of the market from REITS to ETFs.
Another thing I liked was the fact that when he provides a strategy he provides ideas for those who prefer individual stocks as well as for indexers.
One interesting factoid::If you had invested $1000 in Warren Buffets partnership in 1957 it would have returned 26.59% and be worth $51,356,784 today. The same time period in the S&P 500 would have yielded 11.18% for a total of $130,768.* He shows some others between these two.* Compounding is truly magic.
All in all an A+ read.