MI041: The Simple Path to Wealth with JL Collins (Investing Podcast)
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Do You Know How to Avoid Debt?
I want to dive into some of my favorite concepts that you've written about in your book and your stock series. And I also want to talk about some of the concepts that some people might consider controversial, or at least they're just different than the advice we hear given by other financial experts. So let's first talk about why people must avoid debt and what we can do if we already have it. It's dead to me as like being covered with blood second leeches. They just range your life energy. If you've got debt, take out your sharpest knife and start scraping those little suckers off. That should be priority number one.
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