The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out.
- Adam Smith
I ran across that amazing quote from Adam Smith (an 18th century economist that’s often seen as the father of modern economics) the other day [...]

Each Monday, The Simple Dollar opens up the reader mailbags and answers ten to twenty simple questions offered up by the readers on personal finance topics and many other things. Got a question? Ask it in the comments. You might also enjoy the archive of earlier reader mailbags.
As usual, we’ll start things off with a [...]

Me with my kids in Cataloochee Valley
Last Sunday afternoon, my wife and I decided we needed some quality family time together.  We wanted to so something inexpensive with the kids.  I pulled up Google and within a few minutes found a place in the Great Smoky Mountain National Park called Cataloochee.  Turns out it’s only [...]

What happens if you left all of your investments in cash? Or fixed income? Or gold (which is, on a very rough basis, an index measuring investor panic and inflationary trends)? A well-balanced portfolio should have all three but what happens if a risk-adverse investors invested in the most secure of investment vehicles?
Jeremy Siegel compared [...]