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expiredRevOne | Staff posted Jan 19, 2025 6:19 PM

The Simple Path to Wealth (Kindle Edition) by JL Collins

$2.00

$9.99

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Deal Details
Amazon has The Simple Path to Wealth: Your Road Map To Financial Independence And A Rich, Free Life (Kindle Edition) by JL Collins on sale for $1.99.

Thanks to Deal Editor RevOne for sharing this deal.
  • Note: Eligible Prime members may apply earned No-Rush Shipping credits to this purchase (check balance).
About this Book:
  • 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 more profitable for them, more 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 more 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 more powerful than any other.

Editor's Notes

Written by SaltyOne | Staff

Original Post

Written by RevOne | Staff
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Amazon has The Simple Path to Wealth: Your Road Map To Financial Independence And A Rich, Free Life (Kindle Edition) by JL Collins on sale for $1.99.

Thanks to Deal Editor RevOne for sharing this deal.
  • Note: Eligible Prime members may apply earned No-Rush Shipping credits to this purchase (check balance).
About this Book:
  • 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 more profitable for them, more 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 more 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 more powerful than any other.

Editor's Notes

Written by SaltyOne | Staff

Original Post

Written by RevOne | Staff

Community Voting

Deal Score
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Top Comments

fatwalletuab
986 Posts
163 Reputation
It's free online the book is a collection of his online posts
NAMP_Compliance
734 Posts
77 Reputation
VTSAX and relax 🤙 saved you $1.99
MagentaPlant6584
14 Posts
18 Reputation
Definitely not. This isn't a get rich quick book. This is a how to simplify your long term financial life, investment approach, the kinds of investment vehicles and tax advantaged accounts to use, pitfalls to avoid, etc. I'm pretty deep down the rabbit hole of personal finance/investing books, and his is one of the best for people that aren't going to be struggling with credit card debt and may possibly want to retire on time or a little bit early. Most people make their financial life way more complex than it needs to be, and he really hammers home why it doesn't have to be complicated.

Btw, here's a fun video from the author parodying the movie, the Gambler: https://youtu.be/eikbQPldhPY?si=O61vYUHV1zCAILX7

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15 Comments

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Jan 19, 2025 6:27 PM
986 Comments
Joined Nov 2006
fatwalletuabJan 19, 2025 6:27 PM
986 Posts

Our community has rated this post as helpful. If you agree, why not thank fatwalletuab

It's free online the book is a collection of his online posts
3
Jan 19, 2025 9:19 PM
45 Comments
Joined Nov 2012
MatthewS5557Jan 19, 2025 9:19 PM
45 Posts
FANTASTIC book. Probably the most practical personal finance book I've read.
2
Jan 20, 2025 12:28 AM
734 Comments
Joined May 2017
NAMP_ComplianceJan 20, 2025 12:28 AM
734 Posts
VTSAX and relax 🤙 saved you $1.99
4
2
Jan 20, 2025 12:35 AM
636 Comments
Joined May 2012
Traveler-1701Jan 20, 2025 12:35 AM
636 Posts
A very digestible book on building wealth. If you are looking for more I highly suggest A Random Walk Down Wall Street.
1
Jan 20, 2025 1:01 AM
312 Comments
Joined Dec 2004
orthrosJan 20, 2025 1:01 AM
312 Posts
One of the best books on money you can buy. Others point out you can track down his stuff online for free but for $2 having it all in one place is worth it.
1
Jan 20, 2025 1:45 AM
610 Comments
Joined Dec 2011
alvarowJan 20, 2025 1:45 AM
610 Posts
this book changed my life. Must read if you're in the USA, but most lesson apply anywhere.
1
Jan 20, 2025 1:50 AM
497 Comments
Joined Apr 2007
TheBursarJan 20, 2025 1:50 AM
497 Posts
Quote from NAMP_Compliance :
VTSAX and relax 🤙 saved you $1.99
I've helped friends with light financial advice for decades and somehow I never encountered this shortest way of expressing best practice until now...

Basically know the order to put things into various account types (e.g. the old '401 until match limit, emergency fund, HSA to limit, Roth IRA to limit, back to 401, ...) and really almost all of those have good old VTSAX underneath them or a target date fund that is essentially on top of VTSAX..
2

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Jan 20, 2025 1:55 AM
5,468 Posts
Joined May 2022

This comment has been rated as unhelpful by Slickdeals users.

Jan 20, 2025 2:08 AM
5,441 Posts
Joined Jan 2006

This comment has been rated as unhelpful by Slickdeals users.

Jan 20, 2025 2:12 AM
666 Posts
Joined Oct 2019

This comment has been rated as unhelpful by Slickdeals users.

Jan 20, 2025 3:05 AM
215 Comments
Joined Nov 2004
Scotty__Jan 20, 2025 3:05 AM
215 Posts
Quote from scottman :
The Simple Path to Wealth is.....sell a million copies of a book to suckers that think it will make them wealthy for $2 a pop.
Did you read it?
1
Jan 20, 2025 3:12 AM
14 Comments
Joined Oct 2024
MagentaPlant6584Jan 20, 2025 3:12 AM
14 Posts
Quote from Scotty__ :
Did you read it?
Definitely not. This isn't a get rich quick book. This is a how to simplify your long term financial life, investment approach, the kinds of investment vehicles and tax advantaged accounts to use, pitfalls to avoid, etc. I'm pretty deep down the rabbit hole of personal finance/investing books, and his is one of the best for people that aren't going to be struggling with credit card debt and may possibly want to retire on time or a little bit early. Most people make their financial life way more complex than it needs to be, and he really hammers home why it doesn't have to be complicated.

Btw, here's a fun video from the author parodying the movie, the Gambler: https://youtu.be/eikbQPldhPY?si=O61vYUHV1zCAILX7
Last edited by MagentaPlant6584 January 19, 2025 at 07:29 PM.
1
Jan 20, 2025 4:47 AM
1,535 Posts
Joined Aug 2006

This comment has been rated as unhelpful by Slickdeals users.

Jan 20, 2025 4:53 AM
1.4K Comments
Joined Aug 2016
BatmansplumberJan 20, 2025 4:53 AM
1,420 Posts
Quote from dontbanme :
This horrible advice would have cost people hundreds or thousands or millions of dollars if they had bought VTSAX instead of QQQ.
FYI return in last 10 years:
VTSAX: 231%
QQQ: 443%!!!
And if you sell drugs, your return is even higher. What's your point?
1

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Jan 20, 2025 8:50 AM
5.4K Comments
Joined Jan 2006
scottmanJan 20, 2025 8:50 AM
5,441 Posts
Quote from Scotty__ :
Did you read it?
I'm waiting for the sequel "The Simple Way to Read 'The simple path to wealth' Without Doing Anything"
Last edited by scottman January 20, 2025 at 12:53 AM.

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