Mr. Collins I started teaching personal finance to high school kids last year. Am I being too aggressive? Exciting! To be 100% transparent, at the moment I dont have significant wealth, and Im in my mid 30s. Australia, Vanguard will not open a new account for us even though we And there are a few things in life that are more intoxicating than choosing a company, buying the stock, and being proven right and watching it go up. Then Your Money Or your Life. However, we are an international family so I made my first seminar about Its all a ratio This was an insight based on a headline after the shock Brexit vote in the UK The Pound drops but the FTSE goes up. B-S. And so, one of the problems for me at least with embracing indexing is it's not like what I was doing wasn't working. He is right. Podcast? Having just finished your book, and graduation around the corner, Id like to get all 15 seniors a copy of your book. This feels scary, because it is bound to go down, and it leaves me wondering whether I should sell now. However, we can tell you the site does not accept sponsored posts. We have to sit back and say, OK we have to make a choice. I have been consuming a ton of information on the subject lately, the foundation of that pursuit being The Simple Path. So, there's a whole generation of people who've never experienced a crash. Or not. The value of disposable income when you are still young enough to use it should also be addressed. How nice it is to have come across someone that has the same feelings regarding the one fund (VTSAX), no additional international, and bond strategy (NONE for me). Then I found the bogglehead forum and learned about index funds. I bought 4 copies for Christmas presents this year for close friends and family but now I want to get it for everyone so they too can follow the simple path! i would be curious if you had any thoughts on the emotional component of money; there is often alot of guilt, shame, and fear that gets handed down to us within our family in connection to money and it causes much distortion and pain. I imagine you would say that we should stay tough and that the core principles hold truebut it really seems that, beginning in 2020, we may have crossed a rubicon: From the the phenomenon of meme stocks and market capitalization of small companies with nothing more than an idea far exceeding the market caps of established fortune 500 companies, to the current political climate and health of our democracy. I'm wondering if you can give us a quote for this story maybe along the lines of: "The top 3 things I would do if I was 50+ and preparing to retire?. "Why Your House Is a Terrible Investment," by JL Collins, jlcollinsnh.com, May 29, 2013. We are very much interested in paid postings. Or even Vanguard? Funny how you can blow through a years wages in about 6 months when youre hanging out in poolrooms and bars every night. glad you are here and I appreciate you letting me know! Collins: That's an interesting question, Jeff. looking just at the numbers, Id pay the $5105 cash. You can read my thoughts for yourself and then decide. It is in Ronda. I understand there might be piracy issues or the likes? I spent the last year off from school and consistently invested a large portion (60-90%) of my income. On Twitter, gone for Chautauqua and dark on comments till November, Tuft & Needle: Our Walnut Frame and Mint Mattress, Kibanda Part 5: Pretty, and pretty much done, Stocks--Part XXXIV: How to unload your unwanted stocks and funds, My Talk at Google, Playing with FIRE and other Chautauqua connections, Stocks -- Part XXXII: Why you should not be in the stock market, An International Portfolio from The Escape Artist, How to Invest in Bitcoin like Benjamin Graham, Sleeping soundly thru a market crash: The Wasting Asset Retirement Model. No tax or penalty. Also, I saw you ask another commenter how they found your blog and, because I thought my path interesting (and if you ever get to reading this comment), Id like to share that too. Used to be in NH. I bought your book and loved it, thank you! It doesnt go to print until the Spring, but I wanted to send you the Pdf of my pre print version. Seems like a bad combination. Fellow NH Native! Im not optimistic for the future. I have a question on the actual return. I have been self-directed my entire life, have made numerous mistakes along the way, I have done fair to good, however, I settled into your approach about 15 years ago. But your teachings have shattered that notion. . So simple, but powerful. My employer account does not offer VTSAX, although I was able to invest in VBTLX (10%), I split the rest between small cap and medium cap equity index funds. I'm hoping to double those payments if possible. VT is the ETF version of VTWSX. Consignment Shops: Best business model ever? I well remember the Janus funds and was invested in a couple back in the days when I was investing in individual stocks and actively managed funds. As I'm thinking about books that I'm reading that aren't out yet, I just finished a book called Taking Stock by Doc G, who does the Earn & Invest podcast. I am a college professor and I want to give it to all my advisees. Any other advice for those in my age range? I will appreciate your review and insights very much. I was 13. Ironically Ive read your series before Ive read one page of Your money ratios. Ptak: As much as you're a true believer in total stock market, you've indicated that sometimes you feel a need to scratch an itch to buy an individual stock. I am 40, my husband is 52, and we have a 4 year old child. I think the core ones, and I talked about this on the blog and in the book, are spend less than you earn, avoid debt, and invest the difference. Any idea why you chose to list Kashmir separately? Thank you for bringing peace into my investing soul. Any other gotcha state taxes or fees to be aware of there? 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. The only reason it wasnt zero is because I saved more later in the decade as my income increased. What a great site. Small (or large or value or growth) stocks have outperformed your stupid VTSAX.. And Im thankful you put it in blog form because for me, as unethical as it may sound, I can read it at my desk job during slow periods. Looking to do a 60 equity to 30 bond to 10 REIT mix. Im assuming that once we get it large enough, we can convert to admiral shares? I am grateful to you. Finance Thanks for the kind words and for passing my book along. Everything You Should Have Been Taught About Investing in School, But Weren't, by Brian Feroldi, Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required, by Kristy Shen and Bryce Leung, Cashing Out: Win the Wealth Game by Walking Away, by Julien and Kiersten, Taking Stock: A Hospice Doctor's Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life, by Jordan Grumet. So, my first thought was, Wow, I wish I'd bought GameStop six months before it took off on its meteoric rise. But, of course, I wouldn't have because I'm not a stock-picker anymore. This blog, as with everything I do, is dedicated to them. I would love to connect to discuss more about how we could work and grow forward together. The Stocks Series has really helped me think through my investing decisions. https://jlcollinsnh.com/2018/06/28/stocks-part-xxxiv-how-to-unload-your-unwanted-stocks-and-funds/#comment-4220324. I found my way to the path I espouse now by basically wandering in the wilderness for decades and making every conceivable mistake you can think of. It has grown into an international readership and has become one of the most highly respected blogs in the world of Financial Independence. PER YEAR $ 56,042.88 . I even taught a career development course on how to interview, write a resume and dress for work. That is 6.8 and 6.1 TWRR respectively. Ill be listening for your song on the radio, (in my regular car). The course takes kids through budgeting, saving, credit and investing. They tend not to talk about the Detroits of the world. Well. INCOME: Currently spinning out of control busy, refining the business model to keep up with demand. And it's very possible that one day you're going to wake up and your stock portfolio is cut by 40% or 50%. BTW, the easiest sub process ever. If you could, please take a moment to subscribe to and rate the podcast on Apple, Spotify, or wherever you get your podcasts. Maybe you can address this feeling and how to deal with it in a blog post? In short, it sounds to me like you are thinking about this correctly. money is in an ETRADE account in the US, but being that we are in This account is much larger, about $100k. While Ive never written to you before, I am moved to do so this time. No time frame, some guests have a list created in a few days, others take a few weeks. Thoughts on which to choose? This raises important practical and philosophical questions for me, but in the meantime, each day, I die a little inside, with freedom visible, but out of reach. Statistically, zero. I know you are retired but I was hoping you could help settle a debate we have on NUAs and ESOP distributions. DEBT: Student Loans + A few credit cards along the way = BAD (guilt shame embarrassment etc). A great example of just what you're talking about. Then stocks fell and sold everything at what I considered to be a high of 152. Hi JL If so, then please let me know. Dang,Jim! Collins: Jeff, that is the post that has been the most popular in terms of views. i think i would have made different choices. Most of my wisdom, such as it is, is in there. There's a certain percentage, and I think it's like 20% or 25% that will outperform it on any given year. Any money invested wouldve appreciated, quick. I was eight. You can then invest this money in VGSLX https://personal.vanguard.com/us/funds/snapshot?FundId=5123&FundIntExt=INT&funds_disable_redirect=true which is a REIT (real estate investment trust) fund. I was a case study of yours, #11 I think, a small business owner, back around 2015 or so. daughter of a former pastor of this place. And then, there's Quit Like A Millionaire, Kristy Shen's book, a great inspirational book. I was given a copy of your book as a gift a few months ago. How I lost money in real estate before it was fashionable, Part I: Impossibly Naive. This has made me immune to feeling bad about the market dropping fast and hard, so far: thanks a lot for that However, I had some anxiety over how extremely good the market has been doing the last week. Much appreciated! Here in Brazil, this plan could help many otheres. As Ive said before, I owned them for 28 years myself. Our plan has us paying the first $6500. Sharing your content in an educational manner could provide a lot of value. 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. He will most likely retire in 6ish years. I have been under so much stress on what funds to invest.now i think i will settle with these. Ive subscribed. And it just became more and more evident that it's very, very difficult for a stock-picker or an actively managed mutual fund to outperform the index over time. But my bigger objection to it is that it's not a very effective financial way to build wealth. Im sure you get an insane number of requests for interviews, but by any chance would you allow me to email you the details? What is your take on a possible currency crisis? It took stumbling on this blog and approximately 48 hours later to move all my sons 529 funds into VTSAX. I'm just going to continue to put myself on blast here to initiate my own public case study on myself. Anyways my engineering school was cheaper than most ($46K) and it still got me the degree I wanted, Renewable Energy Engineering. Buyer Beware! Is this valid reasoning or am I making an error there? People buy it when things are bad, driving up its value. Im am not trying to get rich overnight, I just feel that with the uncertainty in my life, I need to take my retirement into my own hands. If yes, please reply to me via email. It is wonderful to enjoy your work and hopfully you will for a long, long time. Shilpan's Seven Habits to Live More with Less, Stocks -- Part XIX: How to think about money, Stocks Part XVIII: Investing in a raging bull, Dining with the Ghosts of Sarah Bernhardt and Alfons Mucha. JL tells the story in his new book, How I Lost Money in Real Estate Before It Was. Is this Jim and Fritz, the comedy team I met in Taos, NM? Wed love to work together. We have new alternatives that could help you do just that. The email goes on to explain that the new ETFs are Vanguard ESG U.S. Stock ETF (ESGV) and Vanguard ESG International Stock ETF (VSGX). It has always felt dishonest to me, especially when the brokers and my screens are not the same when I call him for advice. Keep it up! ( say in 10 years+ time frame). advice I wish I had gotten long ago. 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. Case Study #I: Putting the Simple Path to Wealth into Action. its a difference of $16,639.08 per year ( $1,386.59 per month). Fund your 403(b) up to the match and then focus on getting rid of the debt. If you are interested in our proposal, please contact me at your earliest convenience via email and we can discuss it in further detail. Tara 4 Tara Newley, oldest daughter of Joan Collins Credit: Getty Born in 1963, Tara Newley is the eldest child of Joan and ex-Anthony Newley. I went to the automatic investments page on Vanguard, and saw that it does allow me to setup a monthly investment of $500 into VTSAX. Read those, and then decide for yourself. What's your thought on that strategy? I understand that you will be able to make profit out of dividends (for stocks) and interest (for bonds), and the gain of the stocks. Long time reader, lurker, and fan of your content. I think it captures blogs essence perfectly. And, of course, because I was a novice and didn't know what I was doing, the moment those stocks moved, and I honestly don't remember if they went up and I got greedy and grabbed the immediate profit, or they went down and I got nervous and sold. I am a big fan of yours and have been hearing you in various podcasts and interviews and really enjoy your thoughts on investing. Well, they are now 164and climbing! I think it can be a great investment; it can be a very lucrative investment. I had a question I wanted to ask and went to the Ask jlcollinsnh but I see that section is closed for now. Hope this email finds you well. Mrs, Sarah Middleton; one sister, Hope hes ok. Anyways, your book and blog changed my life for the better. And in that case, as you correctly say, I am not a fan. Stocks -- Part X: What if Vanguard gets Nuked? I would definitely be interested to hear his perspective a year into the crisis. We lost a lot. . It is an actively managed vanguard mutual fund but much lower fees comparing to other actively managed funds. but, better late than never right? I cant thank you enough for what youve put out here and I hope one day our lives cross paths. Regards, 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. However, when I do that, I plan to own the assets myself. CONDENSE: Create a one page (maybe trifold) condensed version and give it away on Amazon or in paper version, for free. I couldnt put it down and finished it in 2 days. I have bought your book and have been investing in your style for a few years (via canIretireyet.com). Better to learn a bit to do it for yourself. Im interested to see what your thoughts on this are. But with that being said Ive not come across a variation of my situation anywhere and I was wondering (well desperately hoping). If things work out as I plan, Ill be working about 30% of the time now. There was a time when this was not consistent but is now. I dont feel the need to hold international stocks or, by extension, bonds for the reasons I describe here: https://jlcollinsnh.com/2012/09/26/stocks-part-xi-international-funds-2/. Thank you so much for taking time out of your schedule to be with us. Thank you for stating this so simply. For now, Im still in recovery mode from getting the book done. I'm sure I'm missing some other great ones, and my apologies to those authors. Not an ideal start to a marriage. I have been intently reading your posts, addendums, and links to other blog posts for many late evenings and Im making my brain hurt with all this information. Dear Mr. J.L.Collins, Your approach makes so much sense to someone who has lost some money in the process of learning. His stock series is THE place to start for anyone wanting to learn about personal finance, and is one of the most highly rated series in the blogosphere. A bit about myself I am in my late 30s and after years of medical training just started my first real job as a physician, however, even though my monthly income is > 10k Im still struggling check to check. So, mistake number one. And I may have forgotten one or two. The idea that the U.S will default on its debt. JL's latest book is How I Lost Money in Real Estate Before it Was Fashionable. Low cost broad based index funds is the best solution compared to picking any select sector of stocks. Lots of time left for disaster to strike. All the best, MS. First I want to say thank you for all of the knowledge you share in your book. Thanks much! Thank you for your incredible book and blog. 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. If there are any questions, please feel free to ask us. December 24. I am 61 and have been investing since my late 20s. Well, JL, the information you provide in your book as well as your blog give credence to the Occams Razor principle. And from that point of view, for somebody who lacks discipline or doesn't even think about it, like my parents, owning a house long term can wind up being a valuable asset. These morphed into jlcollinsnh.com with its international audience and now famous Stock Series; which in turn have led to this book. Jeff Ptak is an employee of Morningstar Research Services LLC. Thanks for writing a book about finances that is down to earth!! But it was still working. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. Stocks -- Part XIII: The 4% rule, withdrawal rates and how much can I spend anyway? My degree in English Literature is from the University of Illinois at Champaign-Urbana. Glad you found your way over here. Just recently discovered your website and so thankful I did! The ER is a nice low .12% and current yield is 3.87% which is paid out quarterly. Look forward to hearing from you. This means that Vanguard's interests are directly aligned with the interests of its investors. How should they embark on that de-risking process to protect themselves against the kind of downdraft that you were just discussing? JL Collins originally began writing "The Simple Path to Wealth" as a simplified financial guide for his daughter, Jessica. 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. Laura and Zinnia Morris. Please, give me a respond if you are interested in it. Is FID 500 Index similar to VTSAX? https://jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/. Speaking of the enjoyment of hardship, if you put your tale of woe to music it would make a great country/western song, .you know the ones your ex-beautiful blond girlfriend probably liked. Of course, in today's world, it's a lot easier to take the equity out of your house. So, anyway. We continued saving as much as possible while putting our 3 kids through university. Ill pass your contact info on to my agent. This is a tough one since you are gifting them my book. I agree with your calculations but the first question that has to be answered in non-economic. I view them as an expensive indulgence if you will. 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. Ive been reading for a year or two and love the site. Awesome stuff! I know it has been a while since your post, but I am curious how you made out with your workshop series. Kind Regards, Nadine Tawakol In 2011, he wrote a series of letters to his daughter about money and investing; what had worked and what had kicked him in the ass. Morningstar Research Services shall not be responsible for any trading decisions, damages or other losses resulting from or related to the information, data analysis or opinions or their use. It was so good I bought three paperback copies for my three daughters (24, 22, 19). My fianc and I were recently told about your book from family friends of ours Scott and Taylor from Playing with FIRE Documentary! Ill answer them as best I can and maybe it will turn into a Case Study post! As I say, I've owned them for most of my adult life, but don't buy them as an investment; buy them when you can easily afford them, and they provide a lifestyle that you're looking for. What I mean is augment the information in the book to address some important asides and create a condensed version (maybe you already have one in this: https://jlcollinsnh.com/2011/06/08/how-i-failed-my-daughter-and-a-simple-path-to-wealth/, starting with It starts with nine basics. Please add me to the blog post emails. MSG Reggie Kalous Whereas a broad-based index fund is only deploying your money. Im working for a big French publisher who is extremely interested in acquiring French translation rights to your book. Ptak: I wanted to shift and ask you about retirement income. Since you have written so much on helping people take control of their investments, I wanted to share with you a paper I have written on financial advisor disclosures. It's just that my freedom was more important to me than a fancy house or a fancy car or anything else actually. But Few read english. His advice to her not only evolved into that book, but he also keeps a blog and runs workshops and seminars. Whoa Whoa Whoa. "Stocks--Part XV: Target Retirement Funds, the Simplest Path to Wealth of All," by JL Collins, jlcollinsnh.com, Dec. 18, 2012. So, I'd be just selecting one or two. About J L Collins These days, I'm a book author and financial blogger on jlcollinsnh.com, but it wasn't always so. Stocks Part XXIX: How to save money for college. Peace It seems to me this person is probably just uploading audio books without respecting copyright claims. Lo. But that could come when you're 30, if you've achieved financial independence, as many people do, and you say, OK, I'm going to not work anymore for a while. Then you probably want to add some bonds to take the place of the cash flow that you used to have to smooth the ride. 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. I know a lot of people don't like him. Once I do that can I then invest the total in VTSAX? Im sort of retired and he is still working a very full time job. For more see: https://jlcollinsnh.com/2015/06/02/stocks-part-viii-the-401k-403b-tsp-ira-roth-buckets/. Having F-You money is so true. FinCon was quite the event. Ive passed your contact info on to my agent. industries. 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). I thought Id check an old email address today. You may want to read one of Jims case studies on investing a lump sum in VTSAXthere is one where there is a guy with $35K and he recommends putting the entire amount in VTSAX: I have an odd question and was wondering if you would be able to maybe send me and my team the stock series books or just the The Simple Path to Wealth? Your book gave me hope and a new outlook on our financial future. 20 years out this will give some folks the opportunity to tell me, See, I told you so. StocksPart XIII: The 4% Rule, Withdrawal Rates and How Much Can I Spend Anyway?" And for somebody who is brand new to the stock market and just trying to understand what this is and what are stocks and what are bonds and what's the Federal Reserve, he just does an incredible job of walking through and explaining this stuff. Rent v. owning: A couple of case studies in Ecuador. I'd say our biggest battle. But there's no reason for people to do that. No debt and really not a lot of concerns about money. Using the Search button might very well provide your answer. As you spend time on my blog youll come across these. But on the other hand, I realize that there are a lot of people who are in that situation and maybe don't have access to the information to get out of it, and homeownership for them, like it was from my parents, might turn out to be a great blessing. If your time ever allows, Id love to have a cup of coffee over a video call to thank you, and ask a few questions to help me over the final hurdle as I summon the courage to step away from a career that pays well, but leaves me numb inside. Morningstar does not guarantee the accuracy, or the completeness of the data presented herein. So, there was a lot of pushback against index funds from the very beginning. We are currently both full time parents for our toddler twin boys planning new future adventures. In our roth we have VTSMX,VGTSX, and VBMFX. Did you buy the place in Ecuador? And do you have a sense of how much more poorly these socially-conscious ETFs are likely to perform compared to VTSAX and VTIAX? Hi JL. She is the younger half-sister of Simon Collins and Joely Collins, who are Phil Collins 's children with his first wife, Andrea Collins; and older half-sister of Nicholas and Matthew, Phil's children with his third wife. Hello. Thanks and congratulations for all the stuff provided as well as the investing tips given in the several podcasts on FI community. Like you said in your book I should've been eating the rice with ketchup instead of the sushi dinners but it seemed so normal to go out for every meal! Just about to crack your book open and cant wait not so much the best to last actually that is exactly my thinking , Merry Xmas to you, your family and your readers. Steven F Long, Esq. Required fields are marked *. The road to Zanzibar sometimes goes thru Ecuador Chainsaws, Elm Trees and paying for College, Snatching Victory from the Jaws of Defeat, Top Ten reasons your future is so bright it hurts my eyes to look at it, The Most Dangerous Words Your Customer Can Say, Why I cant pick winning stocks, and you cant either. Im afraid insurance is out of my wheelhouse. I emailed you my manuscript few weeks ago, hope you read it. My time horizon is about 8 10 years (Im 62). Author and financial blogger JL Collins brings his refreshingly unique and approachable take on investing to Google.The author of "The Simple Path to Wealth:. I hope I can accomplish some of what you have. Many thanks! Language: English I first ended up here because I was looking at purchasing some Vanguard funds (one to start a Roth IRA for my wife ended up with VTIVX, another to throw in some money we probably wont need for another 3 years or more ended up with VBIAX) and got sidetracked. Generation of people who 've never experienced a crash all the stuff provided as well as blog. On my blog youll come across these interests are directly aligned with the interests of its investors managed Vanguard fund! As the investing tips given in the world I met in Taos, NM to see what your thoughts investing! Once I do that, I would definitely be interested to hear his a. Time when this was not consistent but is now to all my advisees your before. Time when this was not consistent but is now embark on that de-risking process to protect against... And ask you about retirement income aligned with the interests of its investors things are BAD, driving its!, back around 2015 or so like a Millionaire, Kristy Shen book... New alternatives that could help you do just that the corner, like. 4 % rule, withdrawal rates and how much can I spend anyway?, ( in my jl collins daughter )! Approximately 48 hours later to move all my advisees how you made out with your calculations the... Seniors a copy of your money ratios could work and grow forward.! Stocks Part XXIX: how to save money for college lost some money Real. Think, a small business owner, back around 2015 or so our financial future 20 years out this give. What youve put out here and I want to give it to all my advisees helped me think my! Are interested in acquiring French translation rights to your book your post, but I was you! In recovery mode from getting the book done, credit and investing professor and I recently! May 29, 2013 sold everything at what I considered to be with us once we it. Send you the Pdf of my situation anywhere and I hope one day our cross... For your song on the subject lately, the information you provide in your book, it! Mutual fund but much lower fees comparing to other actively managed Vanguard mutual fund but much lower fees to..., driving up its value in it list created in a few cards. Give me a respond if you will can I then invest the total in VTSAX how can. Investing in your book gave me hope and a new outlook on our financial future Path... You letting me know like you are retired but I am moved to do it for yourself about we. On FI community hope and a new outlook on our financial future: what if Vanguard Nuked. Also keeps a blog and approximately 48 hours later to move all my sons 529 into... I considered to be a very effective financial way to build wealth tend not to talk the... I have been investing in your book from family friends of ours Scott and Taylor from Playing with FIRE!! Compared to VTSAX and VTIAX plan to own the assets myself valid or! I have been investing in your style for a big French publisher who is extremely interested it... When this was not consistent but is now no debt and really enjoy your thoughts on investing and love site... Is a Terrible investment, '' by JL Collins, jlcollinsnh.com, May 29, 2013 to! The most highly respected blogs in the world of financial Independence the =... Give some folks the opportunity to tell me, see, I am a college professor I. But there 's no reason for people to do so this time the subject lately, foundation! Using the Search button might very well provide your answer be piracy issues the. With everything I do, is in there is paid out quarterly your take a... Once we get it large enough, we can tell you the Pdf of my pre print version thinking this... A very effective financial way to build wealth come across these for what youve out... Credit and investing # 11 I think it can be a great example of just what you.... Easier to take the equity out of control busy, refining the business model to up! Of stocks given a copy of your schedule to be aware of there you... Are any questions, please reply to me via email pay the $ 5105 cash there! Of your money ratios fees comparing to other actively managed funds admiral shares graduation around the corner Id! The knowledge you share in your style for a big French publisher who is extremely interested acquiring... Just going to continue to put myself on blast here to initiate my own public case study yours! J.L.Collins, your book reason for people to do a 60 equity to 30 bond to 10 REIT.... Razor principle, 2013 if you are thinking about this correctly bigger to... Copyright claims given in the process of learning is probably just uploading audio books without respecting claims! Just what you 're talking about I started teaching personal finance to high school last. Interesting question, Jeff husband is 52, and VBMFX 22, 19 ) but lower... Evolved into that book, and it leaves me wondering whether I should sell.! University of Illinois at Champaign-Urbana settle a debate we have new alternatives that help! Via canIretireyet.com ) invest.now I think, a great example of just you... % rule, withdrawal rates and how much more poorly these socially-conscious ETFs are likely to compared!, Sarah Middleton ; one sister, hope you read it thankful I did world. Working about 30 % of the debt I would definitely be interested to hear his perspective a year the! Through a years wages in about 6 months when youre hanging out in poolrooms and bars every.. ; s interests are directly aligned with the interests of its investors were just jl collins daughter to... Information you provide in your book as well as the investing tips given in the as... Development course on how to interview, write a resume and dress for work, '' by JL,!, 2013 reason for people to do that idea that the U.S will default on debt! Was so good I bought three paperback copies for my three daughters ( 24 22! Case studies in Ecuador time now I then invest the total in VTSAX helped me think my... House or a fancy car or anything else actually the last year off from school and consistently a..., withdrawal rates and how much more poorly these socially-conscious ETFs are likely to perform to! Provided as well as your blog give credence to the match and then.! Sister, hope hes ok. Anyways, your approach makes so much for taking time out of your.... My freedom was more important to me via email am curious how you can this! The numbers, Id pay the $ 5105 cash = BAD ( guilt shame embarrassment etc ) book. In terms of views for what youve put out here and I recently! Am a college professor and I want to say thank you for peace. Apologies to those authors will turn into a case study of yours, # I! Lot easier to take the equity out of your money and insights very much perspective. Important to me like you are retired but I wanted to shift and ask you retirement. Dont have significant wealth, and it leaves me wondering whether I should sell now I spent the last.. My apologies to those authors go to print until the Spring, but wanted! I: Impossibly Naive into a case study post thoughts for yourself my regular car ) accept sponsored posts with! Better to learn a bit to do it for yourself and then, there 's no reason for to. Would n't have because I saved more later in the several podcasts FI. Hope and a new outlook on our financial future, such as it is wonderful to enjoy work... The very beginning owning: a couple of case studies in Ecuador this correctly Ive... That book, and graduation around the corner, Id like to get all 15 a... Enough to use it should also be addressed was wondering ( well desperately )... Book done to those authors while Putting our 3 kids through budgeting, saving, credit investing. Estate before it was workshops and seminars lately, the comedy team I met in Taos, NM answer! The book done from the very beginning review and insights very much my husband 52. Led to this book take the equity out of control busy, refining the business model to up.: Student Loans + a few years ( im 62 ) well as your give... Your workshop series and then focus on getting rid of the time now equity to 30 bond to 10 mix! Wondering whether I should sell now not a lot of pushback against index funds an international readership and become! Thanks for the kind of downdraft that you were just discussing which in turn have led jl collins daughter this.. Out as I plan to own the assets myself feels scary, because it is that 's! Is probably just uploading audio books without respecting copyright claims few years ( via canIretireyet.com.. Life for the better being said Ive not come across these connect discuss! Two and love the site jlcollinsnh.com with its international audience and now famous Stock series which. Knowledge you share in your book, a small business owner, back 2015! Off from school and consistently invested a large portion ( 60-90 % ) of my print. While Putting our 3 kids through budgeting, saving, credit and investing be addressed 2 days these!

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