In this episode: the power of pursuit, FU money, index investing, investing the difference, and the simple path to wealth.

Unlock the secrets to financial independence with investing expert JL Collins. He emphasizes the necessity of viewing the stock market through the lens of long-term growth rather than short-term trading. Collins highlights the advantages of low-cost index funds, especially Vanguard's VTSAX, as critical components for building wealth. Understanding expense ratios and their long-term impact on returns is crucial for investors. Join us as Collins shares insights into a successful investment mindset that has transformed the lives of countless individuals in their journey towards financial independence.

Join Jonathan Mendonsa and Brad Barrett as they delve into the influential philosophies of Jl Collins, author of The Simple Path to Wealth. Discover how his work has transformed the financial independence community, advocating for simplicity and accessibility in investing. Learn why sticking to low-cost index funds can yield superior long-term results, despite market fluctuations.

The Barrett family has turned Lego building into a rich educational experience for their children, showcasing the integration of fun and financial learning. As they navigate the eBay marketplace, the kids discover valuable lessons about pricing strategies and market dynamics, illustrating how these challenges can lead to significant life skills and entrepreneurial insights. Their journey emphasizes that failure is merely a stepping stone towards future success, not only for children but also for adults pursuing financial independence.

An in-depth conversation with JL Collins about a recent controversial interview given by Suze Orman, and clarification of what concepts are truly at the heart of the financial independence movement.

036 | In today's podcast with Jim Collins from The Simple Path to Wealth and JL Collins NH, we discuss the Chautauquas, in-person events plus an 'Ask Me Anything' series of questions from our ChooseFI community. In Today’s Podcast we cover: Part 3 with JL Collins from JLCollinsNH, the Simple Path to Wealth and Stock Series fame Jim’s discussion of Alan from PopUp Business School and how the UK Chautauqua came to be The value of in-person events like Camp Mustache and the Chautauquas Ask Me Anything segment with Jim with questions from our audience and private Facebook group Question from Amber from our Facebook group about the value of annuities, reverse mortgages and fixed income items Jim only recommends investing in stocks and bonds. The goals that Jonathan spoke of in the question can be balanced by allocating different percentages to stocks and bonds Jim believes annuities and reverse mortgages are laden with fees that make them poor investment vehicles Annuities pay a guaranteed income which appeals to many people, but since you are buying them from an insurance company you are buying this contract and you will never see your principal ever again. That is the annuity contract The insurance company is betting on your death essentially based on actuarial tables for the annuity

034 | This podcast is Part 2 of the Stock Series discussion with JL Collins, author of The Simple Path to Wealth and the website JLCollinsNH; we discuss the Great Depression and the mindset you need to be a successful long-term investor, plus how to allocate between equities and bonds.

019 | In Today’s Podcast JL collins from JLcollinsnh.com joins Jonathan & Brad on the podcast to bring the Stock Series to life. The Power of Index Investing is one of life's greatest secrets & JL Collins is the ultimate travel guide. This multi part series turns the stock series into an interactive audio companion and this first part is sure to compel you to stick around for each additional entry