Episode 427: The Long Game of Wealth Building & Staying the Course with JL Collins

May 21, 2025

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This week on the Journey to Launch Podcast, I’m excited to welcome back the often called “Godfather of Financial Independence”, JL Collins, author of the bestselling book The Simple Path to Wealth. In this episode, we dive into how to stay calm and confident in today’s unpredictable market and why keeping it simple is still the most effective path to building real wealth. We also discuss the timeless power of index fund investing, how to approach investing at different stages of your journey, and why avoiding debt and living below your means are the most powerful tools for building financial freedom.

In this episode you’ll learn:

The 3 core principles of The Simple Path to Wealth and why they haven’t changed
What to do (and not do) during market downturns and volatility
How to approach financial advisors, and when they might actually hurt more than help
What’s new in the updated edition of The Simple Path to Wealth + much more!

Check out the video to this episode on YouTube here.

The next FIRE LIVE class is on May 22nd! Get the FIRE Calc tool and save your spot for the class here. A walkthrough of the tool is available here as well.