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The Simple Path to Wealth by J.L. Collins

By J.L. Collins

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Book details

Author
J.L. Collins
Publisher
Independently Published
ISBN
978-1533667922
Format
Paperback
Language
English

Category:

SKU: SHELF-P8945723047988

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About this book

This began as a series of letters to the author’s daughter, who did not want to think about money. That constraint is the book’s whole virtue: The Simple Path to Wealth has to explain investing to someone with no interest in investing, and it turns out that produces better advice than most books written for enthusiasts.

What the book covers

  • Why avoiding debt comes before any investment decision
  • The case for low-cost broad-market index funds over stock picking and active management
  • How fees quietly consume returns over a lifetime
  • Building wealth in the accumulation phase, and drawing it down in retirement
  • Tax-advantaged accounts: 401(k), IRA, Roth conversions and HSAs
  • The 4% rule, withdrawal rates, and what financial independence actually requires
  • Why market crashes are survivable if you understand what you own

Who it’s for

Anyone starting to invest, readers pursuing FIRE, and people who suspect their financial advisor’s fee structure deserves a second look. US-focused on tax accounts, but the investment argument travels.

Edition details

  • Author: J. L. Collins
  • Format: Paperback
  • ISBN: 978-1533667922
  • Language: English

Ships free within the United States from Shelfcove.

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