346: Index Funds, How To Build Wealth & Financial Independence Wisdom With JL Collins

JL Collins is known as “The Godfather of FI,” and for a good reason: He continues to be a pioneer in the FIRE (Financial Independence Retire Early) Movement and a thought-leader in the Financial Independence (FI) space.

Today, he joins us to discuss the origin story of his groundbreaking blog, the concept behind his new book, Pathfinders, shiney investing object syndrome, and more.

In this episode you’ll also learn more about:
– Defining what “the simple path to wealth” means
– Breaking down what index funds are, the difference between active and passive investing, and what “self cleansing” means
– How chasing performance is the best way to underperform in investing
– The 4% rule, the importance of understanding the cost of your comfortable lifestyle, purchasing things from a position of strength, and more

For the full episode shownotes, go to https://journeytolaunch.com/episode346

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