The Easy Path to Wealth: Your street map to monetary independence and a wealthy, free life


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“At nighttime, bewildering, trap-infested jungle of misinformation and opaque riddles that’s the world of funding, JL Collins is the fatherly wizard on the facet of the trail, providing a easy map, heat phrases of encouragement and the instruments to forge your means by with confidence. You may by no means discover a wiser advisor with an even bigger coronary heart.” — Malachi Rempen: Filmmaker, cartoonist, writer and self-described ruffian

This e-book grew out of a collection of letters to my daughter regarding numerous issues—principally about cash and investing—she was not but fairly prepared to listen to.

Since cash is the one strongest instrument we now have for navigating this complicated world we’ve created, understanding it’s important.

“However Dad,” she as soon as mentioned, “I do know cash is necessary. I simply don’t wish to spend my life fascinated with it.” This was eye-opening. I like these items. However most individuals have higher issues to do with their treasured time. Bridges to construct, ailments to remedy, treaties to barter, mountains to climb, applied sciences to create, youngsters to show, companies to run.

Sadly, benign neglect of issues monetary leaves you open to the charlatans of the monetary world. The individuals who make investing endlessly complicated, as a result of if it may be made complicated it turns into extra worthwhile for them, costlier for us, and we’re compelled into their ready arms.

Right here’s an necessary reality: Advanced investments exist solely to revenue those that create and promote them. Not solely are they extra pricey to the investor, they’re much less efficient.

The straightforward strategy I created for her and current now to you, will not be solely simple to grasp and implement, it’s extra highly effective than another.

Collectively we’ll discover:

  • Debt: Why you need to keep away from it and what to do when you have it.
  • The significance of getting F-you Cash.
  • How to consider cash, and the distinctive means understanding that is key to constructing your wealth.
  • The place conventional investing recommendation goes mistaken and what really works.
  • What the inventory market actually is and the way it actually works.
  • Why the inventory market at all times goes up and why most individuals nonetheless lose cash investing in it.
  • The right way to spend money on a raging bull, or bear, market.
  • Particular investments to implement these methods.
  • The Wealth Constructing and Wealth Preservation phases of your investing life and why they don’t seem to be at all times tied to your age.
  • How your asset allocation is tied to these phases and the way to decide on it.
  • The right way to simplify the typically complicated world of 401(ok), 403(b), TSP, IRA and Roth accounts.
  • TRFs (Goal Retirement Funds), HSAs (Well being Financial savings Accounts) and RMDs (Required Minimal Distributions).
  • What funding agency to make use of and why the one I like to recommend is to this point superior to the competitors.
  • Why you ought to be very cautious when partaking an funding advisor and whether or not it is advisable in any respect.
  • Why and how one can be conned, and the best way to keep away from turning into prey.
  • Why I don’t advocate greenback price averaging.
  • What monetary independence appears like and the best way to have your cash assist you.
  • What the 4% rule is and the best way to use it to securely spend your wealth.
  • The reality behind Social Safety.
  • A Case Examine on how this all will be applied in actual life.

Don’t let any of this intimidate you. Those who have gone earlier than you say:

“….in his patented no-frills and infrequently humorous type, JL makes it each approachable and easy. And highly effective.”
“…efficient message instructed in a visible, humorous type.”
“…a refreshingly distinctive and approachable tackle investing.”
“JL Collins has the reward of constructing boring monetary ideas humorous and attention-grabbing.”
“As a substitute of esoteric equations about measuring a inventory’s alpha and evaluating it to its beta, he lights up the campfire and begins telling tales.”

Benefit from the learn, and the journey!

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