The simple path to wealth your road map to financial independence and a rich, free life
The author shares his personal techniques, insights and experiences regarding saving money and investing, drawn from his blog posts (jlcollinsnh.com) as well as a series of letters to his teenage daughter, both dealing with money management.
Saved in:
| Main Author: | |
|---|---|
| Format: | Books Print Book |
| Language: | English |
| Published: |
[United States] :
[CreateSpace Independent Publishing Platform],
[2016]
|
| Edition: | First edition. |
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
Table of Contents:
- Beginnings. Introduction ; A parable: the monk and the minister ; My story: it has never been about retirement ; Important notes
- Orientation. Debt: the unacceptable burden ; Why you need F-you money ; Can everyone really retire a millionaire? ; How to think about money ; Investing in a raging bull (or bear) market
- How to harness the world's most powerful wealth building tool. There's a major market crash coming!!!! and even famous economists can't save you ; The market always goes up ; Why most people lose money in the market ; The big ugly event ; Keeping it simple: considerations and tools ; Index funds are really just for lazy people, right? ; Bonds ; Portfolio ideas to build and keep your wealth ; Selecting your asset allocation ; International funds ; TRFs: the simplest path to wealth of all ; What if you can't buy VTSAX? Or even Vanguard? ; What is it about Vanguard anyway? ; The 401(k), 403(b), TSP, IRA and Roth buckets ; RMDs: the ugly surprise at the end of the tax-deferred rainbow ; HSAs: more than just a way to pay your medical bills ; Case study: putting The Simple Path to Wealth into action ; Why I don't like investment advisors
- Magic Beans. Jack Bogle and the bashing of index funds ; Why I can't pick winning stocks and you can't either ; Why I don't like dollar cost averaging ; How to be a stock market guru and get on CNBC ; You, too, can be conned
- What to do when you get there. Withdrawal rates: how much can I spend anyway? ; How do I pull my 4%? ; Social security: how secure and when to take it ; How to give like a billionaire
- Afterword. My path for my kid: the first 10 years ; Tales from the South Pacific ; Some final thoughts on risk.
