JL Collins - The Simple Path to Wealth

http://www.madfientist.com Today on the Financial Independence Podcast, my buddy JL Collins from jlcollinsnh.com joins me for his second appearance on the show to dive even deeper into the topic of investing!

Jim was last on my podcast way back in 2012 and was my second guest ever. A lot has happened since then so it was great to chat with him about his acclaimed Stock Series and how his investment philosophy has changed over the last four years.

We also discuss his new book, The Simple Path to Wealth, which was released yesterday. I had the chance to read the book in advance and I can say, it really does contain everything you need to know to become a successful investor (and it’s actually enjoyable to read, unlike most investing books).

Jim is the reason I don’t often write about general investing topics here, because I just link to the great stuff he’s already written instead, so I’m thrilled he’s finally collected all his excellent advice into a book. It seems like other people are excited about it too because when I checked last night, The Simple Path to Wealth was ranked #129 out of all books on Amazon!

Hope you enjoy the interview and if you decide to pick up his book (which I highly recommend), let me know what you think of it in the comments below.

HIGHLIGHTS

- Origin of The Simple Path to Wealth
- What’s changed about his investment philosophy over the last four years
- Three simple steps to financial independence
- Difference between good debt and bad debt
- Why buying a house is an indulgence
- The only two funds you need and why you don’t need to invest in an international fund
- When should you invest in bonds and why the decision has nothing to do with your age
- The bad investing habits Jim and I still can’t shake
- The important lesson Jim learned from working with the top stock analysts in the industry

SHOW LINK

http://www.madfientist.com/jl-collins-interview/

Видео JL Collins - The Simple Path to Wealth канала Mad Fientist