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The Best Advice from JL Collins

The Best Advice from JL Collins

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 To celebrate the release of JL Collins' new book, Pathfinders, I collected all the best advice from his Financial Independence Podcast interviews! Jim has been on the show three times:
  • First, back in 2012 (he was my second guest ever!)
  • Second, when his hit book, The Simple Path to Wealth, was released
  • Third, during the depths of the Coronavirus crash
That last interview may be my proudest moment as the Mad Fientist (I explain why during the show). Hope you enjoy this jam-packed episode!

Highlights

  • The power of FU Money and why it may be less money than you think
  • Jim's biggest investing mistake and what he learned from it
  • Why index investing is superior to active investing
  • Are REITs and international funds necessary
  • Why your house may not be a good investment
  • Thoughts on stock picking and actively-managed funds
  • What makes Vanguard unique and why it's best for investors
  • The three keys to becoming wealthy
  • Lessons learned from Black Monday
  • How to prepare for the next market crash
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