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J Collins

The Simple Path to Wealth: Your road map to financial independence and a rich, free life

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Your road map to financial independence and a rich, free life
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  • Dmitry Naumenkohar delt en vurderingfor 3 år siden
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  • Dmitryhar citeretfor 3 år siden
    The great irony of successful investing is that simple is cheaper and more profitable. Complicated investments only benefit the people and companies that sell them.
    Remember that nobody will care for your money better than you. With less effort than choosing an advisor, you can learn to manage your money yourself, with far less cost and better results
  • Nizar AQUILhar citeretfor 2 år siden
    Inflation certainly played a role. Using the CPI (consumer price index), what cost $1 in 1970 took $6.19 to buy in 2014. A six-fold increase.

    In the same time period, a 4-year state school college education went from $4,800 to $160,000. A 33-fold increase.
  • Dmitryhar citeretfor 3 år siden
    It’s not hard. Stop thinking about what your money can buy. Start thinking about what your money can earn. And then think about what the money it earns can earn. Once you begin to do this, you’ll start to see that when you spend money, not only is that money gone forever, the money it might have earned is gone as well. And so on.

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