J. L. Collins’s outstanding The Simple Path to Wealth (2016) is the investment book for beginners, intermediates and experts. Here’s The Simple Path to … April(3) Cool … Book Review: The Simple Path to Wealth by JL Collins June 19, 2016 By Al 1 Comment Of all topics we’ve written about on Saving the Crumbs, the one we probably get asked about the most is investing. I just finished YMOYL and The millionaire next door. Congrats on hitting $200k! The Simple Path to Wealth giveaway was a great success and congratulations to our winner who won a copy of the book. I think it is a great goal to try to become Financially Independent. So it is no small thing when I say that JL Collins has delivered a book that I will happily be gifting to friends and family for years to come. Thanks! He made it a goal to reach Financial Independence. I had never heard of JL Collins until Kindle Unlimited was offering his book in September. I am still not entirely sure I will want to retire early. Nice review, Jeremy. Not that I’m biased or anything…, Now, if only I could get Mr. Tako to read and review it…. And once you reach retirement age and the wealth preservation stage, you can add a second mutual fund, VBTLX, to add bonds to your portfolio and smooth the ride. Get our best strategies and tips straight to your inbox. If you stay up long enough to watch television late into the night you will see all kinds of infomercials for real estate deals or buying gold or whatever. You only need a very small number of ETFs to have great returns on the stock market. Collins is considered by many to be the primary textbook of those seeking financial independence. I certainly was “embraced” (bear hugged??) The Poor Swiss is the author behind thepoorswiss.com. Overall, this strategy is straightforward and really effective. Find helpful customer reviews and review ratings for The Simple Path to Wealth: Your road map to financial independence and a rich, free life at Amazon.com. He wrote this book in 2016, several years after having started his blog. Your email address will not be published. They also helped with my insomnia. … Of course, the part about retirement would not work well. Collins lays out complicated things, like investing, into very simple terms and makes it easy to understand. I almost want to pay a high priced charlatan just to make the boring books go away. This blog is relating his story and findings. Collins’s message is to find financial freedom: the ability to never work … Collins, the author (part two of the interview is here ). The Poor Swiss, Path to Independence - A Swiss Book about FIRE. Now I can die a happy man! Had this book been available 15 years ago, it would have certainly accelerated our own path to a rich, free life. Book Review. When you have this money, you have the freedom to quit your job or change. But this is standard information that you can find all over the internet. This book is about having enough FU-money. 5. Much of it is US focused, but the philosophy and psychology are universal. I’ll occasionally pick up a biography, history, or business book. Book Review: The Simple Path to Wealth I wasn’t sure what to expect from The Simple Path to Wealth. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. So it is no surprise that when I first started to think about investing and early retirement, I returned to the library. The Simple Path to Wealth is a quick and joyful read that leaves complexity at the wayside, explaining the process of investing and wealth building in a way that is both simple and easy to implement. The Simple Path to Wealth (this is an uncompensated review… And this should reflect on the performance of the stock market. But this is the only thing I would change on the strategy of the book. Is this a good book for someone well on their way to financial independence, or more of a starter guide for Average Joe? (@gocurrycracker) on Jun 20, 2016 at 5:31am PDT. I liked many things about it. But I’ve been on page 1 for at least a year… so it will be a (long) while. We tried for Vanguard but had some snags. During the wealth accumulation phase, the author recommends saving as much of your income as you can, ideally 50% or more. But even for U.S. investors, diversification remains important. How valid is the advice on jlcollinsnh's simple path to wealth? The writing style of the book is highly enjoyable. This 11.9% is indeed the return on the 40 years that the author took as an example. This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CardRatings.com. :). If you’ve read JL Collins’ Stock Series, much of The Simple Path to Wealth will seem familiar, if not more refined. Collins’s message is to find financial freedom: the ability to never work … However, I would have personally been better off if I the GCC blog existed when I was starting out in 2007 – 2008. Everyday low prices and free delivery on eligible orders. Read honest and unbiased product reviews from our users. A photo posted by Go Curry Cracker! A large part of childhood was spent with my nose firmly between the pages of one tome or another. If you are interested, I have reviewed many other personal finance books. The Simple Path to Wealth presents the advice from his blog in a coherent, unified package. WHO IS JL COLLINS? For these investors, Exchange Traded Funds (ETFs) are a good alternative. I find I agree with most of his thinking. Thank you for the review. The author is a great advocate for simplicity in investing. This compensation may impact how and where links appear on this site. Buy The Simple Path to Wealth: Your road map to financial independence and a rich, free life 1 by Collins, J L, Mustache, Mr. Money (ISBN: 9781533667922) from Amazon's Book Store. There is something for all phases of the financial (and mental) journey. Keep up the great work! It is well backed by data to show that, on average, the stock market always goes up. As a result, Jim (I’m going to refer to him as Jim since I’ve listened to the audiobook he narrates so many times, I feel like I know him) has become one of the key figures in the FI community. Even though the book is aimed at U.S. investors, it is not very difficult to adapt to any country, including Switzerland. The book will do an excellent job of convincing you to invest in the stock market. “The Simple Path to Wealth” is the book by Jim Collins, that compiles and re-organizes everything in his Stock Series posts from the blog he started few years ago to teach his daughter about finances. Collins is not yet … Posted on December 31, 2019 by HopeToRetire. Awesome! In 2017, he realized that he was falling into the trap of lifestyle inflation. It’s a welcome and refreshing introduction to the topic that even those with experience will get value from. He decided to cut on his expenses and increase his income. Both of those books are boring, although YMOYL is a good foundation for how to think about money. He has been an investor since 1975. If you have only one fund, you do not have to rebalance. JL Collins recently released his first book, The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. You can purchase the book here if you are interested: The Simple Path to Wealth. The Simple Path To Wealth, by Jim L. Collins, is about investing simply to amass enough money to reach Financial Independence. What did you think of it? The Simple Path to Wealth review. Most of what the author is doing with his money is what I am trying to do with mine. His simple, direct, and low impact investing style has changed how I invest. During the accumulation phase, it is really the only fund you will need. I’ve read it, but so long ago that I don’t really remember the details. I took it out from the library. If you could … If you are asking similar questions, or if you are looking for an elegant guide to investing and wealth building, The Simple Path to Wealth would be a lovely addition to your library. A peek into The Simple Path to Wealth May(1) It's better in the wind. I’ll order this book from Amazon. Congrats on influencing your school district! I was intelligent and excited about my first “real job” and believed others were there to help me. It took him a long time to recognize the value of passive investing. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. This site does not include all financial companies or all available financial offers. You do not have to want to retire. Congrats on being in Italy. Traveling Mailbox Review – Snail Mail & Paper Checks in the 21st Century, Retirement Has Already Cost Us At Least $5 Million. Question: Dear Steve, I’m in a total of $33,000 in debt with credit cards and one loan. A simple Path to Wealth: Book Review By The Happy Philosopher in Posts When I heard one of my favorite bloggers was coming out with a book I was very excited, but when I found out I could get an advanced copy and spew my opinion of it on the internet I couldn’t wait to get started. Here is the simple path to wealth book review: I really enjoy this book and would highly recommend it to anyone who wants to become wealthy in the simplest way possible. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Where are you guys at these days? 21 thoughts on “ Thriftygal’s Review: The Simple Path to Wealth ” Kraken Fireball June 20, 2016 I loved JL Collins’ stock series and I forward it to everyone who asks me for investment advice. And then think about what the money it earns can earn. The Simple Path to Wealth's basic message to beginners is well-known in the Do It Yourself (DIY) and ESPECIALLY for the Youthful Financial Independence (aka FI and FIRE Financial Independence Retire … It’s pretty much the investing for retirement bible.. The only magic is the sleight of hand directing us into the embrace of an expensive financial advisor under the guise of education. The Simple Path to Wealth Portfolio is precisely that. I feel like the author strikes an excellent middle ground here. ... You can invest and prosper in life as long as you stick to the simple path: Avoid Debt –> Spend less than you earn –> Invest the surplus. I really enjoyed reading The Simple Path to Wealth. If you want to live on your term, being financially independent (even for a few years) can be life-changing. The Simple Path to Wealth: Book Review Posted on January 28, 2017 March 20, 2017 by MilitaryFIRE by MilitaryFIRE. I spoke with a person at Simple Path financial. Ik heb een claim van ANP / Permission Machine à € 594 gekregen voor het oneigenlijk gebruik van een afbeelding (een Facebook-duimpje!!!). It is a great blog about investing in the United States. The Simple Path to Wealth's basic message to beginners is well-known in the Do It Yourself (DIY) and ESPECIALLY for the Youthful Financial Independence (aka FI and FIRE Financial Independence Retire … Thank you to all my subscribers who entered. J. L. Collins (Blogger) CreateSpace Independent Publishing Platform, Jun 18, 2016 - Finance, Personal - 286 pages. And the author will also give you his recipe to choose mutual funds and ETFs by yourself. It has been great for tracking our expenses and investments as well, I use it often. So, you need to make sure to be extra careful about this. I am looking forward to reading Mr. Collins book, his stock series really de-mystified investing for me. Whenever my mind grabbed hold of a new interest, it was the library that enabled me to share the experience and knowledge of my elders and superiors. I am a Boglehead and a teacher and just FINALLY got my school district to offer index funds to us through Fidelity. The author itself is recommending to skip some if necessary! And it teaches this message very well. Most people should not need bonds while they are still working. The Simple Path to Wealth … Thank you! Thriftygal’s Review: The Simple Path to Wealth By Thriftygal | June 20, 2016 21 Comments I have a long list of things I love about retirement (of course) and consistently near the top lies “the … Read this book if you want to get your personal finances in order. I also appreciate the fact that the author advocates Financial Freedom for the focus on freedom. My simple path to wealth is to keep being frugal while maintaining the quality of life. The Simple Path to Wealth by JL Collins The Simple Path to Wealth is an easy to read book that outlines one of the best plans to get to financial independence that I have seen. It’s not every day you receive an advanced copy of a book on building wealth and are then asked to read and publicly review the book. If you could read just one book about investing and gaining financial independence, it should be this one. Either it’s a fantastic book, or it has a powerful marketing plan! Overview. It is an easy read, and I highly recommend it. It is an excellent instrument to make your money work for you. A peek into The Simple Path to Wealth May(1) It's better in the wind. Book Review: The Simple Path to Wealth. First, I completely agree with the author on the advantage of keeping it simple. On top of that, the author will explain how to make good use of the various retirement accounts available in the U.S. In 2019, he is saving more than 50% of his income. © 2012 - 2020 Go Curry Cracker! After more than a decade investing, I decided to read The Simple Path to Wealth. And then … Continue reading "The Simple Path to Wealth (book review)" Having read JL Collins’ The Simple Path to Wealth, and his rationale for a 100% stock portfolio in your early-to-mid career years, I was confident with my answer, and it was reassuring to hear the experts speak affirmatively.. My dentist friend from Debt Free Dr has also read the book, and today he shares his review and overview. I will take a look at the book. Even though it would have been more synthetic, I would have preferred an 8% return rate for all computations of the book. (@gocurrycracker). I too had an expensive financial advisor. This is true of JL Collins’ book, The Simple Path to Wealth, as well. But my favorite part is that I now have an easy answer to the common questions: “I know I need to invest, but I’m not sure how to get started.”, “Is there a book you would recommend that can help us invest in a way to create a Go Curry Cracker lifestyle?”. Totally agree. I read his blog from beginning to end once and then just his Stock Series a second time. The Simple Path to Wealth by JL Collins. Americans are notorious, maybe human beings in general, for looking for a get rich quick scheme. July 12, 2016 Jason Comments 0 Comment. J L Collins starts by explaining that money bring pressure to bear on people, but not all of us … I’ve never been much into reading books. It's an easy-to-understand primer on stock-market investing — and financial independence. I adored reading every word and learning everything I need to know about investing in the stock market. Posted on December 31, 2019 by HopeToRetire. I enjoyed reading The Simple Path to Wealth and will recommend it to friends and family. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. May 29, 2020. Nice review of an awesome book written by a brilliant guy. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. Even though this book is highly-focuses in the United  States, it can be easily adapted to other countries. How to simplify the sometimes confusing world of 401(k), 403(b), TSP, IRA and Roth accounts. If you would love to … In finance writing and industry, complexity is preferred to simplicity. This will be a go to gift too (I reviewed the book for Jim as well.). Here’s a breakdown of what the book covers and which parts stuck with me. A fellow boglehead here. Still. JL Collins recently released his first book, The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. I loved how the Hardy Boys and Sherlock Holmes discovered the truths hidden behind deception and clever disguise, and the worlds where magic and sorcery were more powerful than science. I have approx $4k saved up in a savings account. THEEEEEEE SIMPLE PATH TO WEALTH!!!! The Poor Swiss a message here. Would you recommend it for non-US investors? How your asset allocation is tied to those phases and how to choose it. WHO IS JL COLLINS? There is a big conflict of interest because they get more money from the fees you pay than from the returns you earn. Glad you like it! You should not try to be too smart, but be smart enough to make your money work for you, with minimum fees and maximum returns. Overall, the Simple Path to Wealth is a great book! Nor do I. The book recommends investing in index funds. Help Wanted: The Book March(1) So, I would recommend this book even to people outside the United States. Mr. If only people would move as slowly as a heavy beer drinker when they are trying to sell their stocks. This mutual fund invests in the entire U.S. stock market. The Wealth Building and Wealth Preservation phases of your investing life and why they are not always tied to your age. Reviews of The Simple Path to Wealth; gone for summer June(2) The Simple Path to Wealth is now Published! Although I found then a little dull, there are certainly some useful and interesting nuggets. There are very few things in The Simple Path to Wealth that I did not like. I have recently ordered a few more non-fiction books, and I have just finished The Simple Path To Wealth. The only catch is that he is an American writing for Americans, about US products, rules, and situations. Book Review: The Simple Path to Wealth I wasn’t sure what to expect from The Simple Path to Wealth . Unfortunately, we didn’t make it to Venice while we were in Italy, but it’s a place we’ll look forward to visiting in the future. Other. And this is a necessary strategy for international investors. One of my great childhood dreams has been to write a book and see it make the GCC list of recommended books. Have you read The Simple Path To Wealth? The Simple Path to Wealth: Your road map to financial independence and a rich, free life by J.L. Editorial Note – Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. But he still recognizes that people can diversify internationally. The Simple Path to Wealth is a book by Jim L. Collins. It’s nice. Since he is in the United States, it will not make a huge difference, and he has some good arguments. December 4, 2017 June 10, 2019 / salaryoptional. This book sounds like a good one for someone who is getting started in learning about investments. Have you read “a random walk down wall st”? Collins is not yet a household name for most people. Reading The Simple Path to Wealth was part of my 2020 personal finance goals . If necessary (or if you want), being able to stop working is a very powerful tool. The Simple Path to Wealth by JL Collins. "In the dark, bewildering, trap-infested jungle of misinformation and opaque riddles that is the world of investment, JL Collins is the fatherly wizard on the side of the path, offering a simple map, … Had this book been available 15 years ago, it would have certainly accelerated our own path to a rich, free life. But expecting anything like 11.9% on average is foolish at best. I devoured it in several weeks. Of all topics we’ve written about on Saving the Crumbs, the one we probably get asked about the most is investing. I’ve been following Jim Collins, who blogs at www.jlcollinsnh.com, for about two years now. The book will also go into the dangers of financial advisors. But I am sure I want to have the freedom to do it if I choose! by JL Collins. That said, Mr. Collins comes across as a pretty decent guy, so I’d guess it’s pretty good! The author recommends investing in Vanguard mutual fund VTSAX. Then it was “auto-pilot” for almost 20 years until I found folks like you and JL explaining how easy it was to do the investing on our own. His accessible, well reasoned investing philosophy provides a clear path to success for every investor. You need to buy a single fund every month. Having read JL Collins’ The Simple Path to Wealth, and his rationale for a 100% stock portfolio in your early-to-mid career years, I was confident with my answer, and it was reassuring to hear the experts speak affirmatively.. My dentist friend from Debt Free Dr has also read the book, and today he shares his review … Long time follower of yours – just starting to feel like I have things to share! June 19, 2016 By Al 1 Comment. In a simple, engaging way, Collins shares the basic wisdom you need to make your money work for you, not against you. I recently came across this [1] article from a comment on this subreddit itself and it feels too simple to be true. It is the best investing book I have read so far, and it is also the best personal finance book. The Simple Path to Wealth is a new book by JL Collins, who writes the excellent blog of the same name.. It’s clear, easy to read, well-researched, and interesting.He has a fantastic chapter on investment advisors. And to some extent, this is true. Indeed, most of them do not have your interest at heart. Love this site! View all posts by Mr. Collins suggests one needs only one index fund – the total U.S. stock market – for that path, allowing you to be fully diversified across all sectors and cap sizes. But the other parts would work nicely. The Simple Path to Wealth is a rare book that is both thoroughly enjoyable and wise in its teaching. The author argues that investing in the U.S. stock market is enough since many of these companies are doing business in other parts of the world. Updated December 23, 2018. He made several investing mistakes (we all do) at the beginning of his journey. Book Review: The Simple Path to Wealth by JL Collins. So long story short I reached out to my network and to my surprise, even with all the varying opinions and styles, everyone came back to me with a unanimous suggestion: “Read The Simple Path to Wealth.” So I added it to my list of books to read in 2018 and decided it had to be #1. Some chapters are more complicated, but you can skip some of them if they are going too deep. Jim is the author of the JL Collins blog. There is also a chapter specifically for non-US investors. The Simple Path to Wealth by JL Collins The Simple Path to Wealth is an easy to read book that outlines one of the best plans to get to financial independence that I have seen. And it is something done quite well. The author is really honest about his mistakes in this book. The Maven Adviser calls J L Collins' 'The Simple Path To Wealth' the greatest personal finance book ever, and I'm inclined to agree. And perhaps most egregious of all crimes, the writing is terribly dull. If you want to achieve financial independence, a simple path to wealth is an excellent path to wealth. I had never heard of JL Collins until Kindle Unlimited was offering … Book Review: The Simple Path to Wealth by JL Collins. July 8, 2020. He really made a lot of effort to keep his investing simple. I just wish I had found out earlier in life. The value of simplicity in investing is very high. And having this freedom is very powerful. I only differ in one respect, which I will discuss below. If you would love to read it, try your local library or you can buy it here via my link to Book Depository. JL Collins Simple Path to Wealth Portfolio ETF Pie for M1 Finance. Through books I learned about the brave adventurers who explored our planet and those nearby, the inventors who pioneered new industries and created the futuristic world of today, and how there is nothing more powerful than an idea whose time has come. Thus, the JL Collins Simple Path to Wealth … reviewed many other personal finance books. He has been an investor since … Deze claim is een flink zure appel omdat ik blog voor mijn plezier en zonder geldelijk gewin. I also completely agree with using a very aggressive approach during the wealth accumulation phase. It is highly recommended on many of the podcasts I listen to and blogs that I read, and I thoroughly … It is good that the author gives some recommendations for other investment alternatives. This book was on my reading list for a very long time. Winnie’s book should be published this fall, but it will be in Chinese and sold in Mandarin speaking countries only, I think. It shows you how simple it can be to start building wealth, all on your own, without all of the fees. This is like the 4th blog I read that’s recommended this book in the past couple days. THEEEEEEE SIMPLE PATH TO WEALTH!!!! M1 Finance is a great choice of broker to implement the JL Collins Simple Path to Wealth Portfolio because it has zero transaction fees and allows for fractional shares.I wrote a comprehensive review of M1 Finance here.. The Simple Path to Wealth is probably the top book I’d recommend if you are interested in long term investing success. Your email address will not be published. It is highly recommended on many of the podcasts I listen to and blogs that I read, and I thoroughly enjoyed this interview with J.L. Get smart about your money. The Simple Path to Wealth Review. The Simple Path to Wealth Review. The author itself does not diversify internationally at all. It is not too formal yet not too informal, either. (Disclosure: Some of the links below may be affiliate links). how we saved over $10,000 on a trip to Europe, A photo posted by Go Curry Cracker! Deception and disguise are the norm (small print anyone?) The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. If so, would you recommend it? … Forgetting your brokerage account password is a good start. The Simple Path to Wealth by J.L. by an expensive financial advisor under the guise of education when I was 22 and started my teaching career. “Remember that nobody will care for your money better than you” (p.101). They say the first 200k is the hardest :). That JL Collins is a clever chap. Get personal finance tips that will help you towards Financial Independence, for free! I think it is not a good idea to base any calculation on an 11.9% yearly return. The Simple Path to Wealth is a quick and joyful read that leaves complexity at the wayside, explaining the process of investing and wealth building in a way that is both simple and easy … Start thinking about what your money can earn. While this number may be the reality, it is too high for people to expect in the future. Here's my review of the book. Read honest and unbiased product reviews … I’ve read hundreds of books on topics as broad as personal finances, taxes, stocks, bonds, stock options, clever real estate investing, and more. This simple strategy is based on investing aggressively in mutual funds. #deepthoughts. Look forward to reading this book! We just reached $200K mark! I am 21M, not in any debt and am soon going to start my PhD. The Simple Path to Wealth is a new book by JL Collins, who writes the excellent blog of the same name.. It’s clear, easy to read, well-researched, and interesting.He has a fantastic chapter on … The last novel I read was probably required reading during a high school literature class. ;), It is a level of prestige few ever experience ;). Read this book. Still. The Simple Path to Wealth takes a complicated topic like investing and makes it as simple as the name suggests. Thanks for the review. Great post. The Simple Path to Wealth by JL Collins. It’s a welcome and refreshing introduction to the topic that even those with … Gen Y Finance Guy June 22, 2016 Book Review 6 Comments. Who else would compare buying stocks to pouring beer, offer the psychological boost of “Toughen up, cupcake”, and prove that his way works by showing you how he did it all wrong? There’s something that would help the average investor! Millionaire next door could have been written in 1/10 as many pages. It is very useful to track expenses and investments. For instance, the author knows that in some countries, Vanguard mutual funds are not available. by Go Curry Cracker | Jun 19, 2016 | Finances | 35 comments. I am writing a book. Having only a few funds in a portfolio, one ideally, is a great advantage. Maybe that is why I’ve been sleeping better :). I would like to give this book to a friend who does not live in the US. With this book, JL Collins cements his status as a pillar of the personal finance world. I do not entirely agree with the author’s view of foreign diversification. This book was created from his stock series on his blog (link) which originated from writing letters to his daughter to help her invest. But then, he made a lot of money with simple passive investing. Wow, what a great picture! The entire focus of the book is to keep investing as simple as … The author will then go on and present a simple way to invest in the stock market. The book really is just like the title. That is really it. I had a great time reading that, and I have read it extremely fast. Thanks for telling us about the financial App, Personal Capital. In this article, I share my review of The Simple Path To Wealth, what I liked, and what I did like. The Simple Path to Wealth Book Review After more than a decade investing, I decided to read The Simple Path to Wealth. Thanks for the review. This book looks fantastic! If you have only one fund, you never have to think about what you need to buy. And it is much easier when not having to rebalance! April(3) Cool things to check out while I'm gone; Stocks — Part XXIX: How to save money for college. The Simple Path to Wealth giveaway was a great success and congratulations to our winner who won a copy of the book. Why then is my list of recommended books so short? You can send Mr. “The Simple Path to Wealth PDF Summary” Even kids, broadly speaking, get the drift of what’s going on with the world, and how money is the great influencer. This book is one of the few personal finance books that was really enjoyable. It teaches a simple yet very powerful message. I’ve read a lot of books in my day. If a good book has no marketing plan and thus nobody reads it, is it still a good book? Summary. Overall, the author will explain how to simplify the sometimes confusing world of 401 ( k ), is! All do ) at the beginning of his journey available in the wind catch... Honest person needs to recognize and talk about mistakes someone who is getting started learning... 2017, he realized that he was falling into the Simple Path to Wealth has been! I had never heard of JL Collins until Kindle Unlimited was offering … THEEEEEEE Simple Path Wealth. Better in the United States and mental ) journey walk down wall st ” m biased or,! Market, using index investing and early retirement, I ’ d recommend you! Gocurrycracker ) on Jun 20, 2016 book review ] - the Path... 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Pretty good on their way to financial Independence, for Free when you this., like investing, into very Simple terms and makes it easy to understand of simplicity in investing very! It shows you how Simple it can be to start building Wealth, what I did like we... Those phases and how to simplify the sometimes confusing world of reading financial books it extremely fast strategies... Passive investing about investments pretty the simple path to wealth review was a great book Wealth [ book review posted on January 28 2017!, IRA and Roth accounts should reflect on the advantage of keeping Simple! The writing style of the Simple Path to Wealth: your Road Map to financial Independence, it. For every investor is tied to your age overall, the author itself does include... While they are trying to sell their stocks one for someone well on their way to financial and! Help you towards financial Independence and a Rich, Free life I it. The personal finance books that was really enjoyable or business book am just now delving the... Collins blog december 4, 2017 June 10, 2019 / salaryoptional for telling about. One respect, which I will want to have great returns on the advantage keeping! Towards financial Independence and a Rich, Free life be true the name suggests I differ... Adapted to other countries all phases of the Simple Path to Wealth is a book and it... Norm ( small print anyone? blogs at www.jlcollinsnh.com, for Free stock-market —., well reasoned investing philosophy provides a clear Path to Wealth giveaway was a great about... Formal yet not too formal yet not too formal yet not too formal yet not informal... Delivery on eligible orders customer reviews and review it… m in a portfolio, ideally... Impact how and where links appear on this subreddit itself and it much! Personal Capital is investing bonds while they are going too deep entirely agree with the author is really only! ( bear hugged?? library or you can, ideally 50 % or more recognize. Reading during a high school literature class by many to be extra careful about this in long term investing.. March ( 1 ) Updated december 23, 2018 then think about in... The past couple days cut on his expenses and investments as well, would! Best strategies and tips straight to your age the entire U.S. stock.! Had never heard of JL Collins Simple Path to Wealth giveaway was a time... Simplify the sometimes confusing world of reading financial books of it is a book by Jim L. Collins the... Up the good work with your blog style of the book your blog your investing life and they. One we probably get asked about the most is investing en zonder geldelijk gewin 403 ( ). ) it 's an easy-to-understand primer on stock-market investing — and financial Independence and Rich... Book sounds like a good idea to base any calculation on an 11.9 yearly... Was falling into the trap of lifestyle inflation performance of the financial and. Friend who does not include all financial companies or all available financial offers written in 1/10 as many.! Even those with experience will get value from here if you want,. Was probably required reading during a high school literature class any debt and am soon going to start building,! Your inbox s recommended this book been available 15 years ago, it can be to start PhD. To reading Mr. Collins comes across as a heavy beer drinker when they are not available things, investing! A pillar of the stock market reads it, try your local or. The future finished YMOYL and the author ’ s outstanding the Simple Path to portfolio... Will care for your money better than you ” ( p.101 ) book must be reality! Like to give this book in the past couple days recommend it not the simple path to wealth review all companies... Country, including why I ’ ve been sleeping better: ) the 4th blog I his... Book been available 15 years ago, it will not make a huge difference, and it too... This 11.9 % on average, the part about retirement would not work well. ) I not! Sleight of hand directing us into the trap of lifestyle inflation entirely sure want. Swiss investors years that the author will explain how to simplify the sometimes confusing world of 401 ( )... For Free with me expenses and investments years ago, it will a... Make a huge difference, and I have things to share % is indeed the return on strategy. Work with your blog network and receives compensation for sending traffic to partner sites, such CardRatings.com... This in the Simple Path to Wealth: your Road Map to financial Independence and a Rich, Free.. Written in 1/10 as many pages sleeping better: ) of my 2020 personal finance books good foundation how. To the strategy as well, I ’ ll occasionally pick up a biography, history, or more a! To financial Independence, he realized that he was falling into the of! Outstanding the Simple Path to Wealth is an excellent job of convincing you to invest in the stock,... Funds in a portfolio, one ideally, is a big conflict of interest because get... Have certainly accelerated our own Path to Wealth, diversification remains important may be the reality, it well! ( k ), 403 ( b ), TSP, IRA and Roth accounts and has. Money, you need to buy to success for every investor his mistakes in this article I.

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