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A**I
The only guide you need to meaningful financial independence over time
A really outstanding and simple path to achieving financial independence the old fashion way by living below one's means, saving regularly, planning for having 'f--- you money" and having patience and determination to stay on the path. JL Collins is a persuasive writer simply because he tells his own story and has taken the time and energy to listen to and synthesize all the feedback he's gotten over the years. Financial independence is a way to take charge of your destiny by not having to depend on a paycheck and thus having the ability to do what you enjoy at the end.Read his companion book, "The Pathfinders" first to read stories of people who followed the path outlined in this book and succeeded. If that speaks to you, read this book. You'll be thankful.
K**H
Book full of life lessons
This book teaches how financial independence can be simple to achieve and the change really begins with us.Thank you JL!
5**R
nice
good
P**R
Interesting insights
This book helps you avoid pitfalls of choosing mutual funds where you pay expense charges of 1.5 percent sometimes more.
M**A
Simplicity is a virtue especially in the stock market
For long-term investors, equity is the surest path to building wealth. But within equity, there are myriad mutual fund schemes, which, along with their high costs, confound the uninitiated investor. That’s why I’ve always felt investing in a low-cost direct index fund is the simplest and most effective option out there. This book by J L Collins’s just reinforces that through lucid and powerful analysis.
A**R
Really simple and powerful
Three things I liked in this book1. Simplifies Financial planning like index funds , no Debt 4% savin etc rather than making thing complex2. Author share Personal examples and research well. Trinity research on 4% was an interesting share .3. Usage of metaphors was fascinating e.g leeches for DebtI am grateful to Mr Collins for writing this book🙏Highly recommended.
A**L
Indexing ftw
I didn't learn anything radically new from this book. Still, it was nice to get a new perspective from someone's experience. For those who are confused about the many investment options, how to build their wealth etc., this book is a great first step. It's short, so quick to read and easy to digest. A couple of good next books are Morgan Housel's Psychology of Money, as well as Jack Bogle's Common Sense on Mutual Funds.
V**C
A must read
I’m a full time financial professional and was looking for a book that really tells me something not said before. This is the one. It’s not fancy stock mkt investment book but in long run, this is the only way (for 99.99% people) to get rich by investment IN LONG RUN.
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