Free Audio Book : The Simple Path to Wealth, By JL Collins

This book originated from a collection of letters I wrote to my daughter on various topics - predominantly about finance and investment - topics she wasn’t quite prepared to delve into yet.

Given that money is the most potent instrument we possess for navigating this intricate world we inhabit, comprehending it is crucial.

“But Dad,” she once remarked, “I understand the importance of money. I just don’t want it to consume my life.” This revelation was enlightening. I’m passionate about these matters. However, most people have more pressing engagements. Constructing bridges, eradicating diseases, brokering treaties, scaling mountains, innovating technologies, educating children, managing businesses.

Regrettably, passive disregard for financial matters leaves one vulnerable to the swindlers of the financial realm. These are the individuals who profit from making investing seem impossibly complex, because complexity increases their profits, raises our costs, and drives us into their eager grasp.

Here’s a vital fact: Complex investments are designed solely to benefit those who devise and market them. They are not only more expensive for the investor, but they are also less effective.

The straightforward strategy I devised for her and now share with you is not only simple to comprehend and apply, it is more potent than any other.