He broke down investing in such a straightforward way that it can’t help but turn the light bulb on over your head. What he probably didn’t anticipate was for this series to be as popular as it’s become. He kept everything simple as can be and put these articles up on his website as he wrote them. He wrote them as a way to explain to his daughter how to invest her money for her future. JL Collins wrote a series of articles that he dubbed The Stock Series. The funny thing is that it’s generally a rhetorical question because even though they ask, most don’t usually care enough to listen to the answer.īut if I could get even a small percentage of them to read the works of JL Collins, I’d be happy to know that these folks are going to be miles ahead of most when it comes to investing. Sometimes friends and family ask me how to invest their money. JL Collins’ Stock Series or The Simple Path to Wealth It’s really an eye-opening book that just might change your perspective on money. They tend to live a much more low-key lifestyle than we would think – living in modest houses, driving used or not-so-fancy cars, etc. What the authors discovered in their research though is that it’s actually tremendously more common that the wealthy are more frugal than you think. These same people could very well be up to their necks in debt with little to no savings. However, it turns out that these traits are usually found in middle-class folks trying to look/feel rich. This book helps to open your eyes to some of the ironies of the rich versus the middle class by presenting research done with American millionaires.Įssentially, we might assume that the people we see driving expensive cars, living in fancy houses, buying expensive clothes and jewelry, and living an extravagant lifestyle are wealthy. If you haven’t read The Millionaire Next Door, it’s time to put it on your list. So I decided to just focus on a handful of my favorites today. The problem is that there are probably hundreds of great tools and resources that I’ve found helpful for my mind, body, or wallet. Then I could suggest folks check out the post when the subject comes up. Recently, I started thinking that it would be great to compile some of these resources that I think are particularly helpful. The questions usually revolve around anything from finances to technology to health or anything else that might be on someone’s mind. Sometimes folks ask me questions about how I accomplished something or why I do things in a particular way. It doesn’t matter if it’s books, documentaries, software, or some kind of hack to improve your life that’s good for your mind, body, or wallet. I love reading articles that have something tangible to present. Disclosure: This post contains affiliate links and we may receive a referral fee (at no extra cost to you) if you sign up or purchase products or services mentioned.
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