• The Best Advice from JL Collins

  • Dec 5 2023
  • Length: 40 mins
  • Podcast

The Best Advice from JL Collins

  • Summary

  • 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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