The Simple Path to Wealth: Your road map to financial independence and a rich, free life

Jl Collins

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Sprache: Englisch

Verlag: Jl Collins LLC, 2021

1737724103 / 9781737724100

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Artikelbeschreibung des Verkäufers

This book grew out of a series of letters to my daughter concerning various things - mostly about money and investing - she was not yet quite ready to hear. Since money is the single most powerful tool we have for navigating this complex world we've created, understanding it is critical. But Dad, she once said, I know money is important. I just don't want to spend my life thinking about it. This was eye-opening. I love this stuff. But most people have better things to do with their precious time. Bridges to build, diseases to cure, treaties to negotiate, mountains to climb, technologies to create, children to teach, businesses to run. Unfortunately, benign neglect of things financial leaves you open to the charlatans of the financial world. The people who make investing endlessly complex, because if it can be made complex it becomes more profitable for them, more expensive for us, and we are forced into their waiting arms. Here's an important truth: Complex investments exist only to profit those who create and sell them. Not only are they more costly to the investor, they are less effective. The simple approach I created for her and present now to you is not only easy to understand and implement, it is more powerful than any other. Together we'll explore: Debt: why you must avoid it and what to do if you have it The importance of having f-you money How to think about money, and the unique way understanding this is key to building your wealth Where traditional investing advice goes wrong and what actually works What the stock market really is and how it really works Why the stock market always goes up and why most people still lose money investing in it How to invest in a raging bull or bear market Specific investments to implement these strategies The Wealth Building and Wealth Preservation phases of your investing life and why they are not always tied to your ageHow your asset allocation is tied to those phases and how to choose itHow to simplify the sometimes confusing world of 401(k), 403(b), TSP, IRA, and Roth accountsTRFs (target retirement funds), HSAs (health savings accounts), and RMDs (required minimum distributions) What investment firm to use and why the one I recommend is so far superior to the competitionWhy you should be very cautious when engaging an investment advisor and whether you need to at allWhy and how you can be conned, and how to avoid becoming preyWhy I don't recommend dollar cost averagingWhat financial independence looks like and how to have your money support youWhat the Four Percent Rule is and how to use it to safely spend your wealthThe truth behind Social SecurityA case study on how this all can be implemented in real life.…

Bestandsnummer des Verkäufers 00109371171

Titel
The Simple Path to Wealth: Your road map to financial independence and a rich, free life
Autor
Jl Collins
Verlag
Jl Collins LLC
Erscheinungsjahr
2021
Zustand
Very Good
Einband
Hardback
Sprache
Englisch
ISBN-10
1737724103
ISBN-13
9781737724100

World of Books (was SecondSale)

Montgomery, IL, USA

Verkäufer/-in mit 5 Sternen

Verkäufer:in bei ZVAB seit 20. Dezember 2007

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Founded in 2002, World of Books is a leading online destination for buying and selling both preloved and new books, committed to making sustainable reading accessible to all. With a mission to help people read more and waste less, World of Books offers a huge range of affordable, high-quality books — giving both new and preloved titles a second life. The company also operates World of Books – Sell Your Books, an easy-to-use platform that allows customers to trade in unwanted books for cash, helping to keep books in circulation while promoting sustainability. As a Certified B Corp, World of Books is driven by a vision to become the world’s largest and most sustainable dedicated online bookstore. The company measures its success through the positive environmental impact it creates, the value it provides to customers, and its ability to operate profitably while supporting its sustainable mission …

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