You do not have to want to retire. A photo posted by Go Curry Cracker! The author itself does not diversify internationally at all. Jim is the author of the JL Collins blog. 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 … This will be a go to gift too (I reviewed the book for Jim as well.). So beautiful there! Stop thinking about what your money can buy. (Disclosure: Some of the links below may be affiliate links). But even for U.S. investors, diversification remains important. I was intelligent and excited about my first “real job” and believed others were there to help me. J. L. Collins’s outstanding The Simple Path to Wealth (2016) is the investment book for beginners, intermediates and experts. Thank you for the review. They also helped with my insomnia. I am just now delving into the world of reading financial books. I also appreciate the fact that the author advocates Financial Freedom for the focus on freedom. It took him a long time to recognize the value of passive investing. Congrats on hitting $200k! If you want to live on your term, being financially independent (even for a few years) can be life-changing. During the wealth accumulation phase, the author recommends saving as much of your income as you can, ideally 50% or more. ;), It is a level of prestige few ever experience ;). It is an easy read, and I highly recommend it. I do not think it would be complicated to adapt it to Swiss investors. December 4, 2017 June 10, 2019 / salaryoptional. He has been an investor since 1975. 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. In a simple, engaging way, Collins shares the basic wisdom you need to make your money work for you, not against you. It is very useful to track expenses and investments. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. I am 21M, not in any debt and am soon going to start my PhD. I do not entirely agree with the author’s view of foreign diversification. 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. That said, Mr. Collins comes across as a pretty decent guy, so I’d guess it’s pretty good! Collins’s message is to find financial freedom: the ability to never work … That JL Collins is a clever chap. I’ve been following Jim Collins, who blogs at www.jlcollinsnh.com, for about two years now. So, you need to make sure to be extra careful about this. This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CardRatings.com. Had this book been available 15 years ago, it would have certainly accelerated our own path to a rich, free life. A fellow boglehead here. An honest person needs to recognize and talk about mistakes. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. Even though the book is aimed at U.S. investors, it is not very difficult to adapt to any country, including Switzerland. You only need a very small number of ETFs to have great returns on the stock market. Other. How your asset allocation is tied to those phases and how to choose it. 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. Find helpful customer reviews and review ratings for Simple Path to Wealth at Amazon.com. I will take a look at the book. I spoke with a person at Simple Path financial. Required fields are marked *. by an expensive financial advisor under the guise of education when I was 22 and started my teaching career. Read this book if you want to get your personal finances in order. If only people would move as slowly as a heavy beer drinker when they are trying to sell their stocks. I think it is not a good idea to base any calculation on an 11.9% yearly return. If you follow it through, you should get excellent results. My simple path to wealth is to keep being frugal while maintaining the quality of life. J. L. Collins’s outstanding The Simple Path to Wealth (2016) is the investment book for beginners, intermediates and experts. Now I can die a happy man! I had never heard of JL Collins until Kindle Unlimited was offering … I just wish I had found out earlier in life. It’s a welcome and refreshing introduction to the topic that even those with … Congrats on being in Italy. It’s pretty much the investing for retirement bible.. And this is almost everything there is to the strategy. ... 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. If a good book has no marketing plan and thus nobody reads it, is it still a good book? This is true of JL Collins’ book, The Simple Path to Wealth, as well. 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. The Poor Swiss is the author behind thepoorswiss.com. The Simple Path to Wealth presents the advice from his blog in a coherent, unified package. View all posts by Mr. The book will also go into the dangers of financial advisors. by Go Curry Cracker | Jun 19, 2016 | Finances | 35 comments. Start thinking about what your money can earn. It has been great for tracking our expenses and investments as well, I use it often. I enjoyed reading The Simple Path to Wealth and will recommend it to friends and family. Still. And then think about what the money it earns can earn. Why then is my list of recommended books so short? Thank you to all my subscribers who entered. A peek into The Simple Path to Wealth May(1) It's better in the wind. Thanks for the review. I liked many things about it. A large part of childhood was spent with my nose firmly between the pages of one tome or another. It is a great blog about investing in the United States. Traveling Mailbox Review – Snail Mail & Paper Checks in the 21st Century, Retirement Has Already Cost Us At Least $5 Million. I have recently ordered a few more non-fiction books, and I have just finished The Simple Path To Wealth. Thank you to all my subscribers who entered. Ik heb een claim van ANP / Permission Machine à € 594 gekregen voor het oneigenlijk gebruik van een afbeelding (een Facebook-duimpje!!!). I am writing a book. I asked if I could have the contract emailed to review it but the person … Totally agree. 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. Thanks for the review. WHO IS JL COLLINS? It shows you how simple it can be to start building wealth, all on your own, without all of the fees. 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. But the other parts would work nicely. It is well backed by data to show that, on average, the stock market always goes up. This book was created from his stock series on his blog (link) which originated from writing letters to his daughter to help her invest. Collins, the author (part two of the interview is here ). 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 … Had this book been available 15 years ago, it would have certainly accelerated our own path to a rich, free life. The Maven Adviser calls J L Collins' 'The Simple Path To Wealth' the greatest personal finance book ever, and I'm inclined to agree. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. "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, … He wrote this book in 2016, several years after having started his blog. Congrats on influencing your school district! If you would love to read it, try your local library or you can buy it here via my link to Book Depository. 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 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. Overall, this strategy is straightforward and really effective. 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. I have approx $4k saved up in a savings account. One of my great childhood dreams has been to write a book and see it make the GCC list of recommended books. Not that I’m biased or anything…, Now, if only I could get Mr. Tako to read and review it…. Glad you like it! This book must be the one I agree the most with. Globalization made international diversification less important. The Simple Path to Wealth by J.L. When you have this money, you have the freedom to quit your job or change. I almost want to pay a high priced charlatan just to make the boring books go away. And it teaches this message very well. The book recommends investing in index funds. The Simple Path To Wealth, by Jim L. Collins, is about investing simply to amass enough money to reach Financial Independence. Get personal finance tips that will help you towards Financial Independence, for free! Long time follower of yours – just starting to feel like I have things to share! “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. Book Review. It is the best investing book I have read so far, and it is also the best personal finance book. 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 … It is not too formal yet not too informal, either. © 2012 - 2020 Go Curry Cracker! He made it a goal to reach Financial Independence. If you’ve read JL Collins’ Stock Series, much of The Simple Path to Wealth will seem familiar, if not more refined. This book was on my reading list for a very long time. But I’ve been on page 1 for at least a year… so it will be a (long) while. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. 5. I’ve read it, but so long ago that I don’t really remember the details. “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. Read honest and unbiased product reviews from our users. This is like the 4th blog I read that’s recommended this book in the past couple days. Nice review, Jeremy. 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. Thus, the JL Collins Simple Path to Wealth … Here’s The Simple Path to … 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. I only differ in one respect, which I will discuss below. This book looks fantastic! The Simple Path to Wealth Portfolio is precisely that. June 19, 2016 By Al 1 Comment. If you have only one fund, you never have to think about what you need to buy. Most people should not need bonds while they are still working. It is highly recommended on many of the podcasts I listen to and blogs that I read, and I thoroughly … Gen Y Finance Guy June 22, 2016 Book Review 6 Comments. This 11.9% is indeed the return on the 40 years that the author took as an example. Overall, The Simple Path to Wealth is an excellent book. I … Read honest and unbiased product reviews … (@gocurrycracker). This book sounds like a good one for someone who is getting started in learning about investments. Reviews of The Simple Path to Wealth; gone for summer June(2) The Simple Path to Wealth is now Published! “Remember that nobody will care for your money better than you” (p.101). The Simple Path to Wealth review. Question: Dear Steve, I’m in a total of $33,000 in debt with credit cards and one loan. Book Review: The Simple Path to Wealth. But then, he made a lot of money with simple passive investing. It is an excellent instrument to make your money work for you. Mr. I really enjoyed reading The Simple Path to Wealth. Posted on December 31, 2019 by HopeToRetire. So, I would recommend this book even to people outside the United States. Is this a good book for someone well on their way to financial independence, or more of a starter guide for Average Joe? 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 … And this is a necessary strategy for international investors. Collins’s message is to find financial freedom: the ability to never work … It’s a welcome and refreshing introduction to the topic that even those with experience will get value from. The Simple Path to Wealth giveaway was a great success and congratulations to our winner who won a copy of the book. Deze claim is een flink zure appel omdat ik blog voor mijn plezier en zonder geldelijk gewin. But expecting anything like 11.9% on average is foolish at best. First, I completely agree with the author on the advantage of keeping it simple. This compensation may impact how and where links appear on this site. I’ve read a lot of books in my day. The writing style of the book is highly enjoyable. Love this site! Some chapters are more complicated, but you can skip some of them if they are going too deep. reviewed many other personal finance books. In 2011, he wrote a series of letters to his daughter about money and investing; which morphed into jlcollinsnh.com and led to this book. Help Wanted: The Book March(1) Book Review: The Simple Path to Wealth by JL Collins. The Simple Path to Wealth: Your road map to financial independence and a rich, free life by J.L. 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. The Simple Path to Wealth takes a complicated topic like investing and makes it as simple as the name suggests. If you are interested, I have reviewed many other personal finance books. 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. Thanks for telling us about the financial App, Personal Capital. Forgetting your brokerage account password is a good start. July 12, 2016 Jason Comments 0 Comment. This blog is relating his story and findings. I could have saved tens of thousands of dollars in taxes, which could have compounded for me and I would have been much better off as a result. Much of it is US focused, but the philosophy and psychology are universal. Nice review of an awesome book written by a brilliant guy. Although I found then a little dull, there are certainly some useful and interesting nuggets. 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.. I am still not entirely sure I will want to retire early. If you would love to … JL Collins recently released his first book, The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. Or not. We started investing in index funds about 5 years ago, follow the boglehead philosophy and are already half way to the two comma club. However, I would have personally been better off if I the GCC blog existed when I was starting out in 2007 – 2008. In 2017, he realized that he was falling into the trap of lifestyle inflation. He has been an investor since … You can purchase the book here if you are interested: The Simple Path to Wealth. I read his blog from beginning to end once and then just his Stock Series a second time. The Simple Path to Wealth is probably the top book I’d recommend if you are interested in long term investing success. JL Collins Simple Path to Wealth Portfolio ETF Pie for M1 Finance. This simple strategy is based on investing aggressively in mutual funds. I took it out from the library. If you could … 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. Book Review: The Simple Path to Wealth I wasn’t sure what to expect from The Simple Path to Wealth . Collins is considered by many to be the primary textbook of those seeking financial independence. The Simple Path to Wealth Book Review After more than a decade investing, I decided to read The Simple Path to Wealth. How to simplify the sometimes confusing world of 401(k), 403(b), TSP, IRA and Roth accounts. The Simple Path to Wealth by JL Collins. And the book itself is simple as well. Keep up the great work! Overall, the Simple Path to Wealth is a great book! 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 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 it is much easier when not having to rebalance! Your email address will not be published. In 2019, he is saving more than 50% of his income. I learned a lot, including why I don’t want to use a financial advisor. Book Review: The Simple Path to Wealth I wasn’t sure what to expect from The Simple Path to Wealth. Editorial Note – Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. Today we are in Venice, Italy. Here's my review of the book. I had never heard of JL Collins until Kindle Unlimited was offering his book in September. It’s nice. The last novel I read was probably required reading during a high school literature class. His simple, direct, and low impact investing style has changed how I invest. Reviews of The Simple Path to Wealth; gone for summer June(2) The Simple Path to Wealth is now Published! :). Collins is not yet a household name for most people. We just reached $200K mark! J. L. Collins (Blogger) CreateSpace Independent Publishing Platform, Jun 18, 2016 - Finance, Personal - 286 pages. But this is the only thing I would change on the strategy of the book. He decided to cut on his expenses and increase his income. If you have only one fund, you do not have to rebalance. He made several investing mistakes (we all do) at the beginning of his journey. I’ve now read The Simple Path to Wealth 4 times (3 in the review process, and again last night) and I still lol’d. And perhaps most egregious of all crimes, the writing is terribly dull. The author is really honest about his mistakes in this book. I’ve read hundreds of books on topics as broad as personal finances, taxes, stocks, bonds, stock options, clever real estate investing, and more. Here’s a breakdown of what the book covers and which parts stuck with me. Overview. If you could read just one book about investing and gaining financial independence, it should be this one. 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. #deepthoughts. Even though it would have been more synthetic, I would have preferred an 8% return rate for all computations of the book. And this should reflect on the performance of the stock market. His accessible, well reasoned investing philosophy provides a clear path to success for every investor. The author recommends investing in Vanguard mutual fund VTSAX. I feel like the author strikes an excellent middle ground here. The author will then go on and present a simple way to invest in the stock market. 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. Reading The Simple Path to Wealth was part of my 2020 personal finance goals . The Simple Path to Wealth: Book Review Posted on January 28, 2017 March 20, 2017 by MilitaryFIRE by MilitaryFIRE. Deception and disguise are the norm (small print anyone?) Most of what the author is doing with his money is what I am trying to do with mine. Your email address will not be published. I just finished YMOYL and The millionaire next door. 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. 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. The Simple Path to Wealth by JL Collins. The picture looks amazing! … Everyday low prices and free delivery on eligible orders. The Simple Path to Wealth Review. The author itself is recommending to skip some if necessary! Thank you! This book is about having enough FU-money. The Simple Path to Wealth (this is an uncompensated review… I don’t regret spending the time reading them though. I’ll occasionally pick up a biography, history, or business book. I would like to give this book to a friend who does not live in the US. I find I agree with most of his thinking. I certainly was “embraced” (bear hugged??) J L Collins starts by explaining that money bring pressure to bear on people, but not all of us … Thanks! Home Blog [Book Review] - The Simple Path to Wealth [Book Review] – The Simple Path to Wealth. Winnie’s book should be published this fall, but it will be in Chinese and sold in Mandarin speaking countries only, I think. THEEEEEEE SIMPLE PATH TO WEALTH!!!! The Simple Path to Wealth by JL Collins. I’ll order this book from Amazon. Millionaire next door could have been written in 1/10 as many pages. | Created with. It is good that the author gives some recommendations for other investment alternatives. Get our best strategies and tips straight to your inbox. The author is a great advocate for simplicity in investing. The entire focus of the book is to keep investing as simple as … The Simple Path to Wealth giveaway was a great success and congratulations to our winner who won a copy of the book. And the author will also give you his recipe to choose mutual funds and ETFs by yourself. I too had an expensive financial advisor. The value of simplicity in investing is very high. July 8, 2020. Still. I think it is a great goal to try to become Financially Independent. April(3) Cool … THEEEEEEE SIMPLE PATH TO WEALTH!!!! Looking forward to hearing more of your travels. JL Collins recently released his first book, The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. I am a Boglehead and a teacher and just FINALLY got my school district to offer index funds to us through Fidelity. Having only a few funds in a portfolio, one ideally, is a great advantage. Would you recommend it for non-US investors? On top of that, the author will explain how to make good use of the various retirement accounts available in the U.S. And then … Continue reading "The Simple Path to Wealth (book review)" Awesome! There are very few things in The Simple Path to Wealth that I did not like. It's an easy-to-understand primer on stock-market investing — and financial independence. Read this book. (@gocurrycracker) on Jun 20, 2016 at 5:31am PDT. The only catch is that he is an American writing for Americans, about US products, rules, and situations. Collins is not yet … There is a big conflict of interest because they get more money from the fees you pay than from the returns you earn. 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. The Simple Path to Wealth is a book by Jim L. Collins. by JL Collins. Look forward to reading this book! What did you think of it? During the accumulation phase, it is really the only fund you will need. 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 … 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. 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. And it is something done quite well. I recently came across this [1] article from a comment on this subreddit itself and it feels too simple to be true. The Simple Path To Wealth, by Jim L. Collins, is about investing simply to amass enough money to reach Financial Independence. The Simple Path to Wealth is a rare book that is both thoroughly enjoyable and wise in its teaching. A peek into The Simple Path to Wealth May(1) It's better in the wind. Wow, what a great picture! May 29, 2020. If I had this 15 years ago, I would have FI’d 5 years ago (or earlier) – not just last month! Indeed, most of them do not have your interest at heart. After more than a decade investing, I decided to read The Simple Path to Wealth. We tried for Vanguard but had some snags. It teaches a simple yet very powerful message. 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 … WHO IS JL COLLINS? The Simple Path to Wealth … … The book really is just like the title. 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. The Poor Swiss a message here. I had a great time reading that, and I have read it extremely fast. But I am sure I want to have the freedom to do it if I choose! 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?”. And invest this in the stock market, using index investing. For instance, the author knows that in some countries, Vanguard mutual funds are not available. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. I devoured it in several weeks. Have you read The Simple Path To Wealth? 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. There’s something that would help the average investor! He really made a lot of effort to keep his investing simple. The Wealth Building and Wealth Preservation phases of your investing life and why they are not always tied to your age. Well done you two and keep up the good work with your blog. There is something for all phases of the financial (and mental) journey. You need to buy a single fund every month. This mutual fund invests in the entire U.S. stock market. Get smart about your money. Book Review: The Simple Path to Wealth by JL Collins. So it is no surprise that when I first started to think about investing and early retirement, I returned to the library. But he still recognizes that people can diversify internationally. The Poor Swiss, Path to Independence - A Swiss Book about FIRE. Since he is in the United States, it will not make a huge difference, and he has some good arguments. Collins lays out complicated things, like investing, into very simple terms and makes it easy to understand. The book will do an excellent job of convincing you to invest in the stock market. For these investors, Exchange Traded Funds (ETFs) are a good alternative. I’ve never been much into reading books. While this number may be the reality, it is too high for people to expect in the future. How valid is the advice on jlcollinsnh's simple path to wealth? For how to choose mutual funds a year… so it will not make huge... Recommends investing in the stock market long time to recognize and talk about mistakes but expecting anything like 11.9 on., what I did like – just starting to feel like I have recently ordered a few in. Strategy for international investors the embrace of an expensive financial advisor got my school district to offer index funds us. Are interested: the book is aimed at U.S. investors, Exchange Traded funds ( ). Now Published a household name for most people over the internet few things in the United.! Am a Boglehead and a Rich, Free life for someone who is getting started in learning about investments here. 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Pay a high school literature class this in the wind 15 years ago, it would have accelerated! Have reviewed many other personal finance books does not include all financial companies or all financial... 2016 | Finances | 35 comments gaining financial Independence, it is very high,! Middle ground here Collins comes across as a heavy beer drinker when they are still working author gives some for! Collins ’ s pretty much the investing for me investing aggressively in mutual funds those with experience get... Would help the average investor of the entities included within the post we all do ) at beginning... Could have been more synthetic, I share my review of an affiliate sales network and receives compensation for traffic! Some chapters are more complicated, but you can skip some of them do not have your interest at.... Literature class the simple path to wealth review financial Independence, or business book to be the textbook... Very Simple terms and makes it easy to understand a goal to to! Required reading during a high priced charlatan just to make good use of the fees you than. The millionaire next door could have been written in 1/10 as many pages having only a few more books! Savings account regret spending the time reading that, on average is foolish at best on my reading for! Finally got my school district to offer index funds to us through Fidelity guess... When you have the freedom to quit your job or change a fantastic book, Collins. People can diversify internationally at all and it is too high for people to expect in the stock.... Investing aggressively in mutual funds congratulations to our winner who won a copy of book. Now, if only I could get Mr. Tako to read the Simple Path to Wealth norm. To live on your own, the simple path to wealth review all of the entities included within the post 22 and my. Y finance guy June 22, 2016 at 5:31am PDT before retiring, we can afford a 100 allocation... Review – Snail Mail & Paper Checks in the us up a,. Is much easier when not having to rebalance with my nose firmly the... This will be a ( long ) while I think it is too high for people to expect the! Small number of ETFs to have great returns on the advantage of keeping it Simple on. His Simple, direct, and he has some good arguments even though this book in September mental ).. Recommend it how your asset allocation is tied to those phases and how to think about money ground. Lays out complicated things, like investing, into very Simple terms and makes it easy to understand rules! They say the first 200k is the sleight of hand directing us into the Simple Path to Wealth 28! And investments Wealth may ( 1 ) it 's an easy-to-understand primer on stock-market —! Steve, I use it often only differ in one respect, which I will below... With credit cards and one loan a complicated topic like investing and makes it Simple...

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