{"product_id":"simple-path-to-wealth-your-road-map-to-financial-independence-and-a-rich-free-life","title":"Simple Path to Wealth: Your road map to financial independence and a rich, free life","description":"\"In the dark, bewildering, trap-infested jungle of misinformation and opaque riddles that is the world of investment, JL Collins is the fatherly wizard on the side of the path, offering a simple map, warm words of encouragement and the tools to forge your way through with confidence. You'll never find a wiser advisor with a bigger heart.\" -- Malachi Rempen: Filmmaker, cartoonist, author and self-described ruffian \u003cp\u003e\u003c\/p\u003eThis 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. \u003cp\u003e\u003c\/p\u003eSince money is the single most powerful tool we have for navigating this complex world we've created, understanding it is critical. \u003cp\u003e\u003c\/p\u003e\"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. \u003cp\u003e\u003c\/p\u003eUnfortunately, 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. \u003cp\u003e\u003c\/p\u003eHere'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. \u003cp\u003e\u003c\/p\u003eThe 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. \u003cp\u003e\u003c\/p\u003eTogether we'll explore: \u003cul\u003e\n\u003cli\u003eDebt: Why you must avoid it and what to do if you have it.\u003c\/li\u003e\n\u003cli\u003eThe importance of having F-you Money.\u003c\/li\u003e\n\u003cli\u003eHow to think about money, and the unique way understanding this is key to building your wealth.\u003c\/li\u003e\n\u003cli\u003eWhere traditional investing advice goes wrong and what actually works.\u003c\/li\u003e\n\u003cli\u003eWhat the stock market really is and how it really works.\u003c\/li\u003e\n\u003cli\u003eWhy the stock market always goes up and why most people still lose money investing in it.\u003c\/li\u003e\n\u003cli\u003eHow to invest in a raging bull, or bear, market.\u003c\/li\u003e\n\u003cli\u003eSpecific investments to implement these strategies.\u003c\/li\u003e\n\u003cli\u003eThe Wealth Building and Wealth Preservation phases of your investing life and why they are not always tied to your age.\u003c\/li\u003e\n\u003cli\u003eHow your asset allocation is tied to those phases and how to choose it.\u003c\/li\u003e\n\u003cli\u003eHow to simplify the sometimes confusing world of 401(k), 403(b), TSP, IRA and Roth accounts.\u003c\/li\u003e\n\u003cli\u003eTRFs (Target Retirement Funds), HSAs (Health Savings Accounts) and RMDs (Required Minimum Distributions).\u003c\/li\u003e\n\u003cli\u003eWhat investment firm to use and why the one I recommend is so far superior to the competition.\u003c\/li\u003e\n\u003cli\u003eWhy you should be very cautious when engaging an investment advisor and whether you need to at all.\u003c\/li\u003e\n\u003cli\u003eWhy and how you can be conned, and how to avoid becoming prey.\u003c\/li\u003e\n\u003cli\u003eWhy I don't recommend dollar cost averaging.\u003c\/li\u003e\n\u003cli\u003eWhat financial independence looks like and how to have your money support you.\u003c\/li\u003e\n\u003cli\u003eWhat the 4% rule is and how to use it to safely spend your wealth.\u003c\/li\u003e\n\u003cli\u003eThe truth behind Social Security.\u003c\/li\u003e\n\u003cli\u003eA Case Study on how this all can be implemented in real life.\u003c\/li\u003e\n\u003c\/ul\u003eDon't let any of this intimidate you. Those that have gone before you say: \u003cp\u003e\u003c\/p\u003e\"....in his patented no-frills and often humorous style, JL makes it both approachable and simple. And powerful.\"\u003cbr\u003e\"...effective message told in a visual, funny style.\"\u003cbr\u003e\"...a refreshingly unique and approachable take on investing.\"\u003cbr\u003e\"JL Collins has the gift of making boring financial concepts funny and interesting.\"\u003cbr\u003e\"Instead of esoteric equations about measuring a stock's alpha and comparing it to its beta, he lights up the campfire and starts telling stories.\" \u003cp\u003e\u003c\/p\u003eEnjoy the read, and the journey!","brand":"J L Collins, Money Mustache","offers":[{"title":"Paperback","offer_id":46299701870828,"sku":"9781533667922","price":31.24,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0684\/1791\/3068\/files\/9781533667922.jpg?v=1743067618","url":"https:\/\/intl.allstora.com\/products\/simple-path-to-wealth-your-road-map-to-financial-independence-and-a-rich-free-life","provider":"Allstora","version":"1.0","type":"link"}