Bibliograph

The simple path to wealth, your road map to financial independence and a rich, free life, JL Collins

Type

Label

The simple path to wealth, your road map to financial independence and a rich, free life, JL Collins

Language

eng

Bibliography note

Includes bibliographical references

Illustrations

illustrations

Index

no index present

Literary Form

non fiction

Main title

The simple path to wealth

Nature of contents

bibliography

Oclc number

952127057

Responsibility statement

JL Collins

Sub title

your road map to financial independence and a rich, free life

Summary

The author shares his personal techniques, insights and experiences regarding saving money and investing, drawn from his blog posts (jlcollinsnh.com) as well as a series of letters to his teenage daughter, both dealing with money management

Table Of Contents

Beginnings. Introduction ; A parable: the monk and the minister ; My story: it has never been about retirement ; Important notes -- Orientation. Debt: the unacceptable burden ; Why you need F-you money ; Can everyone really retire a millionaire? ; How to think about money ; Investing in a raging bull (or bear) market -- How to harness the world's most powerful wealth building tool. There's a major market crash coming!!!! and even famous economists can't save you ; The market always goes up ; Why most people lose money in the market ; The big ugly event ; Keeping it simple: considerations and tools ; Index funds are really just for lazy people, right? ; Bonds ; Portfolio ideas to build and keep your wealth ; Selecting your asset allocation ; International funds ; TRFs: the simplest path to wealth of all ; What if you can't buy VTSAX? Or even Vanguard? ; What is it about Vanguard anyway? ; The 401(k), 403(b), TSP, IRA and Roth buckets ; RMDs: the ugly surprise at the end of the tax-deferred rainbow ; HSAs: more than just a way to pay your medical bills ; Case study: putting The Simple Path to Wealth into action ; Why I don't like investment advisors -- Magic Beans. Jack Bogle and the bashing of index funds ; Why I can't pick winning stocks and you can't either ; Why I don't like dollar cost averaging ; How to be a stock market guru and get on CNBC ; You, too, can be conned -- What to do when you get there. Withdrawal rates: how much can I spend anyway? ; How do I pull my 4%? ; Social security: how secure and when to take it ; How to give like a billionaire -- Afterword. My path for my kid: the first 10 years ; Tales from the South Pacific ; Some final thoughts on risk

Classification