This book grew out of a series of letters to my daughter concerning various things mostly about money and investing she was not yet quite ready to hear Since money is the single most powerful tool we have for navigating this complex world we ve created, understanding it is critical But Dad, she once said, I know money is important I just don t want to spend my life thinking about it This was eye opening I love this stuff But most people have better things to do with their precious time Bridges to build, diseases to cure, treaties to negotiate, mountains to climb, technologies to create, children to teach, businesses to run Unfortunately, benign neglect of things financial leaves you open to the charlatans of the financial world The people who make investing endlessly complex, because if it can be made complex it becomes profitable for them, expensive for us, and we are forced into their waiting arms Here s an important truth Complex investments exist only to profit those who create and sell them Not only are they costly to the investor, they are less effective The simple approach I created for her and present now to you is not only easy to understand and implement, it is powerful than any other Together we ll explore Debt why you must avoid it and what to do if you have it The importance of having f you money How to think about money, and the unique way understanding this is key to building your wealth Where traditional investing advice goes wrong and what actually works What the stock market really is and how it really works Why the stock market always goes up and why most people still lose money investing in it How to invest in a raging bull or bear market Specific investments to implement these strategies The Wealth Building and Wealth Preservation phases of your investing life and why they are not always tied to your age How your asset allocation is tied to those phases and how to choose it How to simplify the sometimes confusing world ofk ,b , TSP, IRA, and Roth accounts TRFs target retirement funds , HSAs health savings accounts , and RMDs required minimum distributions What investment firm to use and why the one I recommend is so far superior to the competition Why you should be very cautious when engaging an investment advisor and whether you need to at all Why and how you can be conned, and how to avoid becoming prey The truth behind Social Security A case study on how this all can be implemented in real life PLEASE NOTE When you purchase this title, the accompanying reference material will be available in your Library section along with the audio


8 thoughts on “The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life (Audio Download): Amazon.co.uk: JL Collins, JL Collins, Peter Adeney, Audible Studios: Audible Audiobooks

  1. Garry Pope Garry Pope says:

    J L Collins s outstanding The Simple Path to Wealth 2016 is the investment book for beginners, intermediates and experts.Collins s message is to find financial freedom the ability to never work again, if you don t want to, and have enough money F you money that your investments provide appropriate income for you to retire early and live comfortably The book s majority focuses on a simple investment strategy Collins s simple strategy is all an investor ever need He also provides clear, pithy advice on how to live, such as Avoid debt Simple yet telling What surprised me most, and what I benefited from the most, was his reassuring view to the behaviour of investing He tells the truth at every stage, and doesn t pull any punches, such as the market will drop, and you will see your investments half But, as always, he s the anchor of sanity, and says we need to hold our nerve when that happens, to actually buy during those downturns and ride out the bad times, as the good times come a lot often and provide great returns.The highlight here is Collins s experienced, uncle s voice He writes in a way that is friendly and smart A voice to trust Collins s been there, made the mistakes, dusted himself off and seen the light it s almost as if he took the hard route in order to pass on his knowledge so that we don t need to make the same mistakes, and we can follow him on the right path.The Simple Path to Wealth is a rare book that is both thoroughly enjoyable and wise in its teaching I adored reading every word and learning everything I need to know about investing in the stock market I d recommend this book to everyone, but especially people who say, I know nothing about stocks and shares All they need to do is read this short book and follow its simple message A superb book in a sea of unhelpful, impenetrable finance books.


  2. Steve T. Steve T. says:

    I first heard of this guy after stumbling across an interview he did with Google Talks or something like that on YouTube and I really liked his demeanour and straightforward but friendly advice on investing So I checked out his blog site and ordered the book As someone who is brand new to investing, it s really refreshing to read such an engaging book that although is very US centric in parts, still holds some very valuable information and advice for those starting out or even seasoned investors Collins style is warm, witty and engaging and I will certainly be revisiting this again.Well worth your investment


  3. Alex Alex says:

    Amazing book a thoroughly enjoyable read and the most comprehensive guide to investing and financial independence JL Collins genuinely wants to impart his years worth of investing knowledge to make life rich and secure for all I wish I had read this book years ago, but feel so fortunate that I ve read it at all As others have mentioned, it s very US focused, but the principles hold well and if you follow them your life will absolutely be better off for it.


  4. PW3 PW3 says:

    You have to bear in mind that this book was written with U.S investors in mind, but the principles are the same Obviously ignore the chapter on tax as UK rules will be totally different It s written in very simple terms and is easy to understand for the non professional investor It makes you realise you can invest very successfully, very cheaply, and with very little hassle, without having to be an expert, and without having to continually monitor your investments In fact it becomes quite clear that the less you monitor fiddle the better your outcome is likely to be.


  5. Dickson Dickson says:

    Indeed a very readable and concise book about the fundamentals of passive investment I think probably can help those who are starting and are unsure where to begin, then there is no need to over complicate the subject as the recommended strategy is relatively simple to implement Probably the book would benefit of a little bit details about the performance of these funds and probably one chapter on the mechanics of a life investment when things are a bit out of control just to further illustrate the concepts, nevertheless a nice and good book Recommended


  6. Jakub Szymanski Jakub Szymanski says:

    Follow it up with his website as for the Europeans you ll find details there but book itself is a must for your foundation to financial freedom My journey begins nowThank JL for the bookI was always against the stock and in favour of real estate but your arguments for index funds make senseCheers


  7. Joseph Buhagiar Joseph Buhagiar says:

    You will realize that being wealthy do not require to have large sums of money All it is needed is to have the courage and conviction to save than you spend in the years towards retirement As said in the book, it s not an easy task to do to go against all the psychological forces around us and to overcome the emotional inner self that discourage us to be frugal and not spend and stay out of debt but save and put money in financial instruments that help our wealth to grow However, agreeing or not, it is the only path to financial freedom It s up to us, it s our choice


  8. Issy Issy says:

    Sounds simple and it is I ve been reading a lot of these finance books lately, and I ve enjoyed this one Simple writing, not moralising You won t regret it.