JL Collins - Author of 'The Simple Path To Wealth'
The Godfather of Financial Independence, JL Collins author of "The Simple Path to Wealth" (1 million copies sold) shares his practical advice on investing, building wealth, and financial independence. In this episode we talk about:
- His wealth building strategy through low-cost, broad based index funds
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The power of compound interest and how it helps grow your wealth for you
- What to do with your 401K, 403B, personal IRA and other investing
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The foolishness of trying to time the market and why you should invest in uncertain times
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Debunking the myth that home ownership is needed to building wealth
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The 4% Rule and how it enables your financial independence
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How people with modest salaries can become financially independent (F.I.) while they're still young
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And much more!
Resources that were mentioned during the interview:
The 2025 version of ‘The Simple Path To Wealth’The book ‘How I Lost Money In Real Estate Before It Was Fashionable’
The blog post about Homeownership being a bad investmentJL’s re-interpretation of John Goodman’s speech using F.I. principles video (NSFW)
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