Book recommendation: Reading Ben Carlson’s A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan is “time well spent.”  (Market Folly)

Quote of the Day

"Low real returns challenge the meaning of the word safety in the context of fixed income. Fixed income works to preserve capital in the short-term, but can be extremely risky when used to improve purchasing power over the long-term. "

(Daniel S.)

Chart of the Day

The mining sector has been down for so long, things might actually be looking up.