
The Simple Path to Wealth (JL Collins)
"The Simple Path to Wealth" by JL Collins advocates for straightforward, disciplined investing to achieve financial independence. It emphasizes saving a significant portion of income, avoiding debt, and investing primarily in low-cost index funds, especially the total stock market. The book advises living below your means, understanding the importance of compound growth, and keeping investment strategies simple and consistent. Collins stresses that wealth-building doesn’t require complex strategies or market timing—just patience and a focus on long-term, low-cost investing to secure financial freedom and a life of choice.