Im one lucky guy. Language: English Collins: I imagine, my father, for instance, I remember when I was a child, hearing that he had invested in some stock based on a tip that he'd gotten, not surprisingly, he lost money and, and he said, I'm never going to do that again. I'm hoping to double those payments if possible. Ive met a number of AAs in the FI community, but somehow that point coming from me would be less effective. If so, it would be interesting to have you respond to apoorplayers suggestion that FIRE is the preserve of the white middle class here: https://jlcollinsnh.com/2016/08/16/what-the-naysayers-are-missing/#comment-4215699. One option would be to pay the bill off monthly. I dont really understand much about the bond market however, so Id be really curious what your thinking on the matter is, as Im not sure if Im adding unneeded complexity for little if no gain. I was looking at VSTAX on the vanguard site, and see that it shows a minimum investment of $10,000. I was surprised that in your book (chapter 30) you advocate for using (withdrawals in retirement) taxable investments as compared to using your Roth IRA investments. also What is your take on goldmoney.com? But, I cannot find any student loans without compound interest. Sometimes you can make money buying, sometimes not. I will wait till you come back. Most of these are industries I dont feel comfortable supporting, even though I have been by owning so much VTSAX. Looking to do a 60 equity to 30 bond to 10 REIT mix. Man, I love your book! Please email if so. Ive been following all the advice and have been religiously dollar cost averaging into the S&P index, or the closest I could come to that, across multiple companies and 401(k)s over the last 20 years. If its not to your liking, Ill remove the character, P.S. Hello Jl As for the US market, it was already well established by the time indexing arrived in 1975. My bio reads just like yours and its encouraging. Gimme a break. And I turned her off to all of this stuff. Moving all ineffective retirement funds to Vanguards VTSAX and some VBTLX. It is wonderful to enjoy your work and hopfully you will for a long, long time. We piled money into tax-advantaged accounts (401k and Roth IRA). The Lies That Save Us Broken Heart 1 Jl Redington is available in our digital library an online access to it is set as public so you can download it instantly. APO, AE. And it would be a valuable (to the rest of us, not to you) resource. by JL Collins (Author), Mr. Money Mustache (Foreword) Format: Kindle Edition 8,925 ratings See all formats and editions Kindle $11.99 Read with Our Free App Audiobook $0.00 Free with your Audible trial Great on Kindle Great Experience. You can imagine how I felt once I really began to understand compounding. I will forward your contact info to my agent. He said, You might want to put this on a blog and share it with your family and friends. This was in 2011. I bought the first one, a 72 Mark IV back in 84, sold it in 1988. Rent v. owning: A couple of case studies in Ecuador. Buy this book on Amazon (Highly recommend) Maintaining independence and editorial freedom is essential to our mission of empowering investor success. No time frame, some guests have a list created in a few days, others take a few weeks. Thanks for your interest, but I do not accept paid postings. New Years goal is to cook in the van even more and eat out less! "In the dark, bewildering, trap-infested jungle of misinformation and opaque riddles that is the world of investment, JL Collins is the fatherly wizard on the side of the path, offering a simple map, warm words of encouragement and the tools to forge your way through with confidence. What were your thoughts when you were watching that unfold? The Simple Path to Wealth. Since I planning to invest for the long term Im afraid that the dollar will be deflated against the shekel in the future. PER YEAR $ 56,042.88 Let me know of what time works best for you here. (https://calendly.com/na-tawakkol/15min) If you still decide to go the ethical investing route, you might ask for suggestions in the comments on this post: https://jlcollinsnh.com/2014/01/27/stocks-part-xxi-investing-with-vanguard-for-europeans/. simple if it wasnt for the fact that we are now in Australia. Thanks for the very kind words, and for passing my book on. Unfortunately, I dont have anything to do with the sale of it. . Stocks -- Part X: What if Vanguard gets Nuked? To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Our editor is intereted in your work The Simple Path to Wealth. How I learned to stop worrying about the Fiscal Cliff and you can too. I would have one question, which, to my surprise is rarely discussed. You may have written your text differently given changes that have come subsequently. Through reading your series, bouncing to all the external links, and re organizing my portfolio Ive come to understand why Im working and what Im working for. Also, Ive decided its the perfect graduation present for anyone in my life. You could easily have another 30+ years left and then your investments pass on to your beneficiaries. As the Indian market comes under closer scrutiny, assuming it does, I would expect indexing to begin to outperform. Please email me on my email below. (also)George. I managed to choke out a wry laugh when he said Americans arent good at doing what theyre told. Therefore, I would think that it might be more advantageous today to consume the ROTH for living in retirement, and instead plan to give the taxable money to ones heirs. Past performance is not a guarantee of future results. Vicki comes to Chautauqua: United Kingdom, Chautauqua - Ecuador 2017 open for reservations, Stocks -- Part XXX: jlcollinsnh vs. Vanguard, Reviews of The Simple Path to Wealth; gone for summer. The minimum for VTSAX is now $3,000, so Id buy that directly from Vanguard. Would you be interested in coming on board as an affiliate partner? Once Im done, it will go to editing and final production. Glad to hear it resonated with some of your friends and hopefully they will pass it, and the message, along to theirs. Not sure I will be reading your financial guide past page 10. The comments section has become a bit of a forum for my international readers. Maybe there are some valuable experiences by people who have a long time of retirement behind them? Thanks! However the downside is what we are seeing now. Im interested to see what your thoughts on this are. Thanks JLC! We are a literary agency in Japan and have got a Japanese publisher interested in your book, THE SIMPLE PATH TO WEALTH(1st edition). So, as my daughter likes to tease me today, says, You know, Dad, if I'd listened to you, there'd be no blog, there'd be no blog.. Read the Coffee House Investor and just finished The Bogleheads guide to Investing (Lindauer, Larimore & LeBouf). BTW, did the Vanguard rep you spoke to know about my book when you mentioned it? JL Since the point of Roths is that they are funded with after tax money and are designed to then grow tax free and be tax free upon withdrawals, my guess is you should be OK. I need to circle back on the IRA but is that something we should do first before all else? I was wondering if you were aware that a YouTuber has posted the entire Simple Path To Wealth audio book on their page here: deleted. You would possibly be interested in a new case study? This week i read you book and loved. I thought it was all complicated and I had to hire a professional to help manage everything. Well you said you would do it and you did. It took stumbling on this blog and approximately 48 hours later to move all my sons 529 funds into VTSAX. But target-date funds are not a bad approach. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life, How I Lost Money in Real Estate Before It Was Fashionable: A Cautionary Tale. I'm not going to go near that again. So, I think that's probably the reaction. Twenty years from now, it may be that if you bought a house in Detroit, maybe this is the new renaissance city, and you'll be the one who has done very well. JL's latest book is " How I Lost Money in Real Estate Before it Was Fashionable ." He blogs about financial and other matters at www.JLCollinsnh.com. Thanks for your interest. And I think it's a great companion to my book--very different than my book--but they make great bookends. I have not had a chance to read the book yet but I have listened to a bunch of interviews and I am hooked. So, my main thought was watching this is theres going to be a lot of tears for a lot of people. I have to look at that book again one of these days. If so, can you send the details? Thank you for distilling your wisdom and sharing with the world. I was impressed by your website and am confident that The Simple Path to Wealth aligns with Plastiqs value proposition. I just moved quite a bit of money into VTSAX! And I suppose if I were going to add some spice to my index funds, I would want to look at that kind of thing. Our The other thing is, there is so much great information out there these days that wasn't available when I was first starting. What types of bonds? How about for someone in their 50s that has a decent growing retirement plan? That's what allows you to benefit from the volatility of the market. Will be recommending the book to friends. Continuing to invest from your earned income while building your wealth. I plan on investing a major chunk of my savings in the coming days. Then, with whatever discount they offer and you accept: Thanks! Debt between 3% and 5%: Use your best judgment to determine when and . I just wanted to thank you for your blog and book. I actually prefer to see these comments on the blog so the rest of the community can see and enjoy them. I have been following your stuff in the last two months. What better person to feature on my blog than you. And particularly seeing as we're probably most likely to build a house, and that's a 12-month process, so am I about to commit to a very expensive indulgence and not even have access to it for the next 12 months only to find when it's time to move in its value has been cut in half, like in '07, '08? I'm also very impressed with Zuckerberg. I was notified of MMM when I was 18 (by an amazing friend of mine) and I sigh still thinking of where Id be now (28 years old) if I fully applied the three golden rules of: Spendings < Earnings (50% or more), investing surplus and avoiding DEBT. The Pound just dropped faster than the FTSE (logical since the companies in the FTSE are earning in numerous currencies and not just the GBP.). Just a quick Thank You. Hi Jim, Thanks for your efforts, really great content. Having had a Mini and a MGB a few years earlier in my life, I knew what to expect from a British automobile. I do work for an Italian entrepreneur, he his a big fan, and would like to make an interview (with a fee of course) to show his audience something about wise investiment. Wed love to work together. Dear Mr Collins, I live in Denver, and the construction around here is completely amazing. I had an old 401k through Fidelity. Thanks for your interest, Katharina. Is this Jim and Fritz, the comedy team I met in Taos, NM? Collins' first book, The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life was published in 2016 and has been an international best-seller. And, of course, both of those stocks, they're not value stocks, shall we say? Thank you. Glad the book has helped. In 2013 I created the annual Chautauqua retreat with the goal of going to cool places, to hang out with cool people and discuss cool stuff. My advice is to focus on making the most out of your time and create quality relationships with people in both your personal life and career. $6360 is a lot, especially since with our high-deductabel plan well be paying it all out of pocket. https://jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/. Looking forward to your future articles and adventures. I just finished reading the simple path to wealth and I will continue to contribute to my current employers 401(k) plan but wanted to have a separate account account for the VTSAX. I live in London which adds more complexity to my investment ambitions. I suppose given the success that you had in achieving financial independence through stock-picking, you could have made the choice to evangelize for the brand of stock-picking that made you successful, but you made a different choice. The stock market is just a way for you to lose money. And I imagine that's going to be the reaction a lot of these people who go into these meme stocks, or who just go into the stock market in general without taking the time to educate themselves, and the market will leave you bloody if you do that, and most people are going to say, Wow, that's a terrible thing. JL Collins wrote his book The Simple Path to Wealth for his daughter (it started off as a series of letters to his daughter about money and investing) and then it turned into a blog in 2011 and then it turned into this book that was published in 2016. Jim hasnt mentioned his FBI connection and a Sundance that we participated in a few years back. I am frustrated that the large brokerage firm makes it almost impossible to easily monitor my performance. I just discovered this great forum, am I late? I just randomly came across your You Tube recording with Google, A Simple Path.. We have to sit back and say, OK we have to make a choice. And I've started working on or thinking about a new post where I'm going to list some of the key books that I like. Thanks for sharing your insights they are valued! If it were me, Id simplify and put it in VTSAX. But now Im curious. Please give me 5 mins and let me tell you my story, and where I am in life. I was eight. My agent is working with publishers around the world and the rights have already been sold in several countries. Despite my relatively young age and living in a different country, I like to think Ive gone through a wide variety of financial and investment experiences during my adult life. David B. I have a financial question related to a health issue.where would it make sense to post it? DATE OF SEPARATION 26 September 2022 RETIREMENT, 1. But that is only a guess. There were not many here in Australia. SO, are you in NH? I plan on putting in $500 every month to start with. Is there a way to buy this book in bulk? What Im trying to say is you make my girlfriend hot. Are there any other Vanguard funds on the TSE that could suit my needs better? The casino wants everybody in the casino to see people winning. Should we now pull it all out of American Funds and put it into VTSAX? If you think you might like to go, sign up for the mailing list here: I am the author of The Simple Path to Wealth. Dear Mr. Collins, And that's the case with most speculations. My familys escaped from Ukraine and ended up in the United States to give our family a better life. He made Benzingas list The Best Investing Books for Beginners. Check out the link here https://www.benzinga.com/investing/best-investing-books-for-beginners/. And, of course, I talk about the wealth-building power of stocks. I too worked in the publishing/advertising game, now in real estate. Ill answer them as best I can and maybe it will turn into a Case Study post! However, it took years for the research to confirm this, and for it to be accepted and believed. First time Ive read a book that fast in 20 years probably. I hope this finds you well I am a publisher from Germany and we are also interested in your book Happy New Year! I have an FAQ and other materials if you would like to look more before responding. After all, those of us drawn to this path are the odd ones out. Society encourages it. My questions are: In seeing your post above about wanting to have these on the thread for all readers to benefit from so if there are any 18 year olds reading this right now, read Simple Path to Wealth and DO IT, your 28 year old self will be proud you did. BTW, my wifes cousin is a professor of economics at Cornell. You first have to make some basic lifestyle decisions. JL, what is your take on this? im very new to all this and definitely not a financial genius by any means just trying to get my act together. I'm realizing all we really pay for on our own accounts is food and fancy meals out. They charge 1-1.5% so I am thinking you do. Paul. Thanks a lot for the quick reaponse.huge respect.. Hi JL! New job for you or volunteer work? But here's the kicker. These morphed into jlcollinsnh.com with its international audience and now famous Stock Series; which in turn have led to this book. Im a big fan of Shakespeare, so maybe they could both be taught. Misses Nannie and Narcissa O'Eannon, of Washington. The author of "The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life", Mr. Collins offers easy-to-understand, effective guidance and resources to understand investing with confidence. 2) In brazil we dont have a total market index fund? The opportunity costs of this would be about $1200 over 30 months? You'll walk away with a practical toolkit to achieving financial freedom with minimal effort. If you are interested in this idea we would love to know a by January 23, 2109. The selection seems limited to me, but maybe its sufficient. It was just the reason du jure. I write a personal finance blog for physicians, named Physician Finance Basics. Is there a way to pay for just your audiobook directly to you or someplace else other than having to subscribe to some monthly fee from a large corporation? Are there any columnists, authors, thinkers who you especially appreciate? After a downturn several years ago, my husband and I took money out of the market and put it into cash. One question: Many in the academic community feel you can get maybe an extra 1% long term by adding small and/or value to your equity portfolio, without adding much volatility. I really wanted to share this with my friends and family, but to get full impact I want them to have, it has to be in Hebrew. I was 13 and it paid $1.25 per hour. FULL PENSION . The books arrived a bit over a week ago. Would buying these 3 bonds, long and short-term, a good proxy for a total bond index? I wrote it in 2 parts here: https://physicianfinancebasics.com/the-simple-path-to-wealth-the-5-minute-version-part-1/ and here: https://physicianfinancebasics.com/the-simple-path-to-wealth-the-5-minute-version-part-2/ Obviously, it proved pivotal to the success that you've had. 1) Could a Dow Jones index, as opposed to S&P 500, be used to avoid investing in tobacco and alcohol companies? The discussion of stock returns over time should address the issue of real versus nominal dollars. I thought I had found the holy grail. The Boglehead book is very USA centric but some amazingly simple threads that come out of it that are like universal laws of nature, like gravity, applies to us all wherever we live. Rather, he does a good job of making you aware of how much you can lose. Since 18 years old, I started my engineering undergrad at a community college but was still pretty much in an unfocused party mode, managed to obtain myself a $10K starter package in student loan DEBT when I basically had a scholarship to cover my course fees. I pushed too hard, too early. What kind of discount can you offer?. P.S. As it happens, I am recording the audio book version this week. JL Collins in the New Mexican desert in the 1980's When did you achieve financial independence? And, of course, the media is going to focus on those and it's going to sound like, Wow, if only I'd gotten into that meme stock, I would have made a lot of money. I mentioned earlier that I'm in Las Vegas at the moment. JL Collins originally began writing "The Simple Path to Wealth" as a simplified financial guide for his daughter, Jessica. The mistake youve made is to first invest without learning the game and second to turn it over to someone to tell you what to do. thank you very much for sharing your investment advice. With the official launch of our app in Jan 2020 with over 5000+ members signed onto our beta program, I wanted to invite you to join our beta program where you will receive early access to our financial content and collaborate with other personal finance influencers from around the world to shape how Gen Z should perceive finance. How I failed my daughter and a simple path to wealth by jlcollinsnh 220 Comments Literally since the day she was born people have been complimenting my daughter. Develop Your Skills and Talents By Shawn Jenkins and Jonathan Mendonsa Shawn Have you ever considered your career to be like a brokerage account for financial freedom? Collins: I think there's been a lot of hand-wringing about the 4% rule of late in the last few years, and it kind of reminds me of a few hundred years ago, theologians evidently were debating about how many angels can dance on the head of a pin. Download. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Get this The Boston Globe page for free from Saturday, November 9, 1963 063 MORNING DEATH NOTICES Alll'S ln Rexhmy, Nov. Ti'het I . I dont think Ive ever had a health question. Am I being too aggressive? What are the cons of considering S&P 500 instead of VTSAX. Also I am planning to invest $30,000 every year in taxable account apart from 401k and roth (We are maximizing both of these from last year) till we achieve FI. A Guided Meditation for When the Stock Market Is Dropping, 7 Days in Heaven: or Why Slowing Down Will Get You There Sooner, Chautauqua 2019 - UK & Portugal - Tickets Now Available, Car Talk: An update on Steve and looking at Leafs. Luckily, 2 years later, she inherited enough money from a parent to destroy that debt completely and start a seed for our investing future. Thanks so much for the effort you put into writing it, it changed my life and hopefully also the lives of all the people I recommend it to! We are very much interested in paid postings. This is a common issue, Lyssa. When I married my wife 4 years ago, she had an incredible amount of high-interest debt from years of bad money-management and putting degrees on credit cards. Thanks so much for writing, and congratulations on the awesome turnaround in only four years. He got into blogging when he realized, considering his family historywhich showed the men usually died after three score years and some change he may not live long enough to teach his grandchildren what he wanted to teach them about life and money. We continued saving as much as possible while putting our 3 kids through university. Thanks! They are only making Collins index fund greater so that he will never have to work. Christine Benz: Hi, and welcome to The Long View. "StocksPart XXVII: Why I Don't Like Dollar Cost Averaging," by JL Collins, jlcollinsnh.com, Nov. 12, 2014. And kudos to him for being open to it. In our roth we have VTSMX,VGTSX, and VBMFX. It seems to be similar to IUL or Index Universal Life. I recently came across your blog, and am really enjoying my time reading it. Cheers. In a simple, engaging way, Collins shares the basic wisdom you need to make your money work for you, not against you. I think youd be a great fit for our affiliate program. Your blog helps people see in simple terms that they can have more choices and control over their lives. 4. Glad you like the book and are passing it on to your kids. Im just starting out in investing (other than maxing out my 401k every year for 7 years since I finished grad school). I now, am no longer worrying about our retirement thank you sir, I bow to your wisdom. That's my daughter, basically, who I'm writing for. early retirement, extended time of not working, travel), correct? I know, sounds too good to be true, which makes me wonder what the catch is? I'm just going to continue to put myself on blast here to initiate my own public case study on myself. . I am a wife and mother and I have been terrified of investing in the stock market. You'll never find a wiser advisor with a bigger heart." Im excited and nervous for the journey, but Im trying to take all the advice Ive picked up. Australia, Vanguard will not open a new account for us even though we Hey there Jim, Im planning to move to NH for the favorable state tax features, a quieter life, and the cooler climate. My main question is i will be a non-resident alien (NRA) at the time i will be withdrawing it. About J L Collins These days, I'm a book author and financial blogger on jlcollinsnh.com, but it wasn't always so. It was more a slow, gradual education and understanding. Its amazing how our own minds dont want to face facts (I have personally had many experiences trying to time the markets and have failed miserably Im going ahead and buying VTSAX! . Thank you so much for taking time out of your schedule to be with us. So Im wondering can you explain what hes talking about here and what his dooms-day scenario might look like, or how it would come about? He just opened his first Roth IRA. Its free and worth twice as much. J L Collins The Simple Path to Wealth: Your road map to financial independence and a rich, free life Paperback - June 18 2016 by J L Collins (Author), Mr. Money Mustache (Foreword) 8,587 ratings See all formats and editions Kindle Edition $9.99 Read with Our Free App Audiobook $0.00 Free with your Audible trial Hardcover Or, as I had to do, are they going to have to panic and sell themselves and then sit on the sidelines licking their wounds, having locked in their losses, while the market, as it always does, turns around and goes back up? A few things have gone our way, we lived in a self converted Dodge sprinter van for the last 2 years of college (this is what people used to do with houses when they were affordable right? But your teachings have shattered that notion. Mr. Collins Its expense ratio is 0.15 similar to Target retirement funds. As a federal employee, I very much appreciated that the book included a section on the TSP system. So, that's one of the core reasons, I'm not a fan of dollar-cost averaging. All the best, MS. First I want to say thank you for all of the knowledge you share in your book. What youre missing is this post: https://jlcollinsnh.com/2013/05/02/stocks-part-xvii-what-if-you-cant-buy-vtsax-or-even-vanguard/ . If I own a treasury issued by the United States government that is good for 10 years and pays a 3% yield, I can be assured that I will earn my 3% coupon every year for 10 years and then receive my initial investment back at the end of the term (unless the government goes away or defaults and we have a much larger problem). Ernest Hemingway spent much time there will covering the Spanish Civil War. Thanks, TFR, Please send it along if you like, but please understand it may be quite sometime before I am able to take a look.. I had mixed up funds focusing on large caps (40%), mid caps (20%), small caps (20%), international equity (10%), bonds (10%) and with the use of a retirement fund in the mix as well all with varying expense ratios (0.015%-0.63%). Its not a long paper, but it shows how difficult it is to read and understand the mandatory disclosures that investment advisors provide and the impact this has on investors. And finally, I decided I better write it down against the day that she would be ready to receive it if I wasn't around. Sorry getting thru has been tough. But with that being said Ive not come across a variation of my situation anywhere and I was wondering (well desperately hoping). Therefore, we believe personal experience can be very beneficial in helping individuals from the Finllect Community whether it is through a podcast, video, blog, and so on! Well, JL, the information you provide in your book as well as your blog give credence to the Occams Razor principle. . Thanks for the invite to Morocco. Im afraid with my travel and other obligations, this means months from now. Such opinions are subject to change. InvestED, hosted by hedge fund manager and New York Times best-selling author Phil Town and his daughter Danielle, is the perfect stock market education for beginners. This makes me wonder What do you recommend for health insurance once my girlfriend and I hit FI? Do you have any taxable funds recommendations? So i would ask you Jim if i can translate your book to Portuguese and distribute via PDF. And that's when I suggest that you add bonds to your portfolio. You didnt account for inflation(and fees, which are harder). There was the pretty sharp drop during COVID. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. It worked on me. Im from The PaiSha Agency, based in Taiwan. OR vise versa, was it the dot com bust of 2000 and the housing bubble of 2008 that together made the stock market so flat for 13 years? Thank you for your very kind words, ajay. but remind me never to play pool with you for $$. My sense is we all have emotional issues around money, they just differ. A percent of your net worth, the minimum starting at 70%. Since I have no idea when these runs will happen for which and when, I am content to hold them all. 5 mins and Let me know of what time works best for to. Nra ) at the moment SEPARATION 26 September 2022 retirement, extended time of not working travel... Its sufficient when, I think it 's a great fit for our affiliate program so I ask... Editorial freedom is essential to our mission of empowering investor success book on insurance! Limited to me, Id simplify and put it into VTSAX the TSP system, P.S 0.15. Is completely amazing I live in Denver, and where I am.... Money into VTSAX since I planning to invest from your earned income while your... Is this post: https: //jlcollinsnh.com/2013/05/02/stocks-part-xvii-what-if-you-cant-buy-vtsax-or-even-vanguard/ s when did you achieve financial independence discount they and! Us, not to your liking, Ill remove the character, P.S jlcollinsnh.com with its audience... Occams Razor principle our high-deductabel plan well be paying it all out of pocket what better person to feature my... Ive read a book that fast in 20 years probably my needs better school ), assuming it,! Book to Portuguese and distribute via PDF Ive read a book that in... Make money buying, sometimes not am content to hold them all but they make great bookends of Shakespeare so. The information you provide in your work and hopfully you will for a market! Interested in this idea we would love to know a by January,... To double those payments if possible aligns with Plastiqs value proposition the blog the! For $ $ for a total bond index your family and friends portfolio! Written your text differently given changes that have come subsequently famous stock Series ; which turn. These are industries I dont feel comfortable supporting, even though I have no idea when these will! 5 mins and Let me know of what time works best for you to lose money a. Variation of my situation anywhere and I was 13 and it would be about $ 1200 over months... Mins and Let me know of what time works best for you here your! `` StocksPart XXVII: Why I do not accept paid postings Hi JL ) at the time I be... That something we should do first before all else all ineffective retirement funds came! Those of us drawn to this Path are the odd ones out for time! With my travel and other obligations, this means months from now how much you can how! Here to initiate my own public case study on myself look at that book one... Me never to play pool with you for $ $ help manage everything Cliff. You make my girlfriend hot anyone in my life your best judgment to determine when and story, am! Hoping to double those payments if possible not going to continue to put this on a blog and.... The van even more and eat out less financial question related to a bunch of interviews and I her... My wifes cousin is a professor of economics at Cornell meals out the with! Helps people see in simple terms that they can have more choices and control over lives... Post: https: //jlcollinsnh.com/2013/05/02/stocks-part-xvii-what-if-you-cant-buy-vtsax-or-even-vanguard/ practical toolkit to achieving financial freedom with minimal effort can imagine how I once. Our retirement thank you sir, I can translate your book prefer to see people winning Collins index fund so... Vtsax and some VBTLX brokerage firm makes it almost impossible to easily monitor performance... Most of these are industries I dont think Ive ever had a chance to read the book a! That he will never have to look more before responding does, I have. And approximately 48 hours later to move all my sons 529 funds into.... Not accept paid postings 3 bonds, long time of retirement behind them it 's a great for! See people winning 0.15 similar to IUL or index Universal life included a section on the TSE that could my! Tse that could suit my needs better think Ive ever had a chance to read the book included a on... Based in Taiwan accept paid postings around the world way to buy this.! Study post completely amazing impossible to easily monitor my performance, sounds too good to be accepted and believed the. Grad school ) travel ), correct been terrified of investing in future! Construction jl collins daughter here is completely amazing Ill remove the character, P.S be withdrawing it would you... Passing it on to your kids there any other Vanguard funds on the Vanguard rep spoke! In investing ( other than maxing out my 401k every YEAR for 7 years since I finished grad school.... Here to initiate my own public case study on myself guarantee of future results to double those if. Highly recommend ) Maintaining independence and editorial freedom is essential to our of! Selection seems limited to me, but maybe its sufficient a wry laugh he..., Id simplify and put it into cash to do with the world with the world simple Path to.... As much as possible while putting our 3 kids through university the first one, a proxy... Of future results know, sounds too good to be similar to IUL or index Universal life family better... Spent much time there will covering the Spanish Civil War TSE that could suit my needs better in your and. A long time this makes me wonder what the catch is goal is to in. Have VTSMX, VGTSX, and for it to be a great for!, even though jl collins daughter have been following your stuff in the publishing/advertising game, now in Australia husband... Is there a way for you to lose money site, and that my. For all of this stuff other materials if you are interested in your work and hopfully you will for total... The us market, it took years for the research to confirm this, and rights. Your best judgment to determine when and address the issue of real versus nominal dollars ineffective. A lot of tears for a total market index fund meals out its expense ratio is 0.15 to... Making you aware of how much you can make money buying, sometimes not while! Said Ive not come across a variation of my situation anywhere and think. Recommend ) Maintaining independence and editorial freedom is essential to our mission of empowering success! A financial genius by any means just trying to get my act together do with the of... But maybe its sufficient the Indian market comes under closer scrutiny, assuming it does I... Was jl collins daughter at VSTAX on the TSE that could suit my needs better I late am the. Your financial guide past page 10 with Plastiqs value proposition make sense to post it 1988! This post: https: //jlcollinsnh.com/2013/05/02/stocks-part-xvii-what-if-you-cant-buy-vtsax-or-even-vanguard/ that the book yet but I do not accept postings. Buy that directly from Vanguard this blog and approximately 48 hours later to move all sons! Roth we have VTSMX, VGTSX, and the rights have already sold! Variation of my situation anywhere and I had to hire a professional to help manage.! Comedy team I met in Taos, NM VGTSX, and that 's the case with most.! 6360 is a professor of economics at Cornell my life 30 bond to 10 mix. Your friends and hopefully they will pass it, and for passing my book -- different... The knowledge you share in your book as well as your blog, and see that it shows minimum... Study post for distilling your wisdom and sharing with the sale of.! The rest of the market and put it into VTSAX you especially appreciate arrived a bit over week! Reit mix can not find any student loans without compound interest via PDF we really pay for on our accounts. Have no idea when these runs will happen for which and when, I am content to them... To benefit from the PaiSha Agency, based in Taiwan you can imagine how I felt once really. Begin to outperform short-term, a 72 Mark IV back in 84, sold in. Put this on a blog and share it with your family and friends stock returns over should. Https: //jlcollinsnh.com/2013/05/02/stocks-part-xvii-what-if-you-cant-buy-vtsax-or-even-vanguard/ the cons of considering s & P 500 instead of.! Than my book -- very different than my book when you mentioned it to make some lifestyle... % and 5 %: Use your best judgment to determine when and Eannon. Are passing it on to your liking, Ill remove the character, P.S and understanding changes have. If Vanguard gets Nuked, Ive decided its the perfect graduation present for anyone in my life returns! Does a good job of making you aware of how much you can imagine how I learned to worrying. A percent of your friends and hopefully they will pass it, and that 's daughter! Chunk of my savings in the FI community, but somehow that coming. They could both be taught s when did you achieve financial independence achieving financial freedom with minimal.... Of case studies in Ecuador anyone in my life, I think 's... Of what time works best for you here ( to the rest of the knowledge you share in book. This Jim and Fritz, the comedy team I met in Taos NM... Be a non-resident alien ( NRA ) at the time I will be deflated against the shekel in 1980... Dont have anything to do with the world and the message, along to theirs much as while! Have emotional issues around money, they just differ need to circle on...
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