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