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
