I thought Id check an old email address today. I started selling flyswatters door-to-door and picking up empty pop bottles from the side of the road to turn in for the 2-cent deposit. Jenat is here. Bills book was a lovely and simple read and well worth it. No need to post this mate. I write a personal finance blog for physicians, named Physician Finance Basics. 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. Now imagine instead of a buying a treasury from the US government I decided to put my money in a general bond fund. And I suppose if I were going to add some spice to my index funds, I would want to look at that kind of thing. Privacy Policy and I was spending that money. I will be returning to live with my father after loose ends are tidied up so no huge outgoings accommodation wise. If you do that everything will work out and you will be happier. Regards, REDUCED PENSION . Bookmark. I kind of wish Id gotten to it sooner. But the truth is when you look at that research, 4% is very, very conservative. Its in Swedish, but Google Translate is our dear friend . George. Dividends reinvested, buy never sell! It only works if you have significant income and good timing. Ptak: A lot of your readers look to you to share wisdom on how they should approach their financial lives. She sees how excited I get, and loves that I am really planning for the first time in my life. The Simple Path to Wealth by JL Collins is designed as a one-stop roadmap to financial freedom. It took stumbling on this blog and approximately 48 hours later to move all my sons 529 funds into VTSAX. Now hes looking forward to grabbing ahold a future of abundant freedom. God bless you and Jack Bogle for sharing all the wisdom and experience in the investing field and let us small investors to gain access to a fair share of capitalism towards the FI! 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). And in fact, my latest book, which came out last fall, is titled, How I Lost Money in Real Estate Before it Was Fashionablelost being the operative word. Hey JL. While you will be hit with a tax on any capital gains, you are correct that you are also stepping up your cost basis with the new investments. Research indicates, going out 30 years, less than 1% of active fund out perform. By way of introduction, I am a Finance & Content Intern at Finllect, a Dubai-based fin-tech start-up. We are interested of publishing your book The Simple Path to Wealth in Bulgarian language. Stocks -- Part XIII: The 4% rule, withdrawal rates and how much can I spend anyway? JL, what is your take on this? You may have said this in the book, but I may have misunderstood it, my apology. I have been called The Godfather of FI. I just wanted to thank you for your blog and book. Could you please forward my address to your agent? Can you sum up your thesis on that? Ive been reading Grant by Ron Chernow, and this passage seemed an apt addition to your F-You Money wonderkammer: Grant didnt care to be president, for he worried about the monetary consequences. As they say, when the student is ready, the teacher appears, One article I came across today reinforces exactly what you said: We were only interested in insuring against the possibility of a major hit and OK with paying the routine stuff out of pocket. I am a great fan of you from Italy and wonder when is expected to have available the italian version of your book. Benz: And what were the mistakes after that? As a few other folks on here, I am dying to hop on a 5 minute phone call with you. I live in Portsmouth, NH and would be very interested in learning about any ongoing events. Scott. My wife Jane and I have been married since 1982. I was just wondering what your take on it is? First I read Richest man in Babylon. Ive passed your contact info on to my agent. My parents didnt tell us shit about finances. I bought a house in Manhattan Beach, CA in 1979 for $97,000. What this audiobook provides her, and others who are less than finance-obsessed, is a simple . Didnt know you was a blogger.Feel free to correct my grammar.Might as well put that degree to some use. Are there any columnists, authors, thinkers who you especially appreciate? Volunteer work through Junior Achievement in Los Angeles. It was more a slow, gradual education and understanding. It is a very personal call. I will offer two seemingly contradictory suggestions and some comments. It sounds like it was a trial by error to a certain extent. 1) Could a Dow Jones index, as opposed to S&P 500, be used to avoid investing in tobacco and alcohol companies? Man, oh man. I have 2 separate 401(k) plans from previous employers in Fidelity. My goal is $20K. I have my investments with a kind yet confusing broker that was suggested to me by a family member years ago. Let me start thinking about it. My guess is that they are less well regulated and that this might give rise to the ability of some insiders to trade on information not available to others. I believe you said that one of your most popular and controversial posts is about why homes are almost always a bad investment. Just a quick Thank You. I hope I have been able to do justice to your work, in some small measure. They'll pick different locations in the United States and they'll show a picture of a house you can buy in Tennessee for $1 million versus Florida versus California versus New York. Thanks for your time, and looking forward to your response. The course takes kids through budgeting, saving, credit and investing. Terms of Service apply. I have since bought into index funds. Now you are asking me to tell you what to do. I just finished your book. Im another brazilian that has just finnished reading your book, and I can tell you it was another mark in my (short) investment life. Hanging on allowed me to retire in 2013 and Ive never been happier. But target-date funds are not a bad approach. I have been consuming a ton of information on the subject lately, the foundation of that pursuit being The Simple Path. And I have a blog post on target-date funds. I recently saw this article where Michael Burry (the hedge fund manager who shorted the 2008 housing market before the meltdown) predicts that passively investing in index funds will result in a bubble similar to what was seen in the 2008 financial crisis. It is cute, but will turn a lot of people off. I am very interested in below title: The Simple Path to Wealth by J L Collins. Second option is to pay them cash of $5105. Would also like to explore how we can license some of your contents on this blog. I know you dont recommend investing in a single company, but Microsofts stock has been performing exponentially for the past 10 years. It's just that my freedom was more important to me than a fancy house or a fancy car or anything else actually. Im kinda retired, will be 60 next month, an investor for 45 years, two kids and a long marriage. JL Collins: The whole blog came about as a way to achieve information for my daughter. Thanks so much for the information. We are your age, but not as smart, when 2008 came around, we panicked after losing 44% of our nest egg of $800,000 I pulled it, put it all into bonds and left it there until today. Perhaps you could ask them for a bulk discount? 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. Id kiss you on the lips, but our wives would probably be PISSED! We are a literary agency in Japan and have got a Japanese publisher interested in your book, THE SIMPLE PATH TO WEALTH(1st edition). What format are you planing to use? This seems to fall in line with your advise on investing. Glad the book has helped. For any of you interested, heres what I sent Mike: http://27goodthings.com/2013/07/01/james-collins/. 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. 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. Wow! I work in the investment industry and love the investing world, too. Mitra/PFB. If you are wondering whether to dive in,thisindependentreviewmight help. a life salary. It's the one that's garnered me the most hate, and it's the one that's also garnered me the most love. I am trying to figure out the best way to pay this off. One Taiwanese publisher is interested in the complex Chinese rights of The Simple Path to Wealth, and would like to learn more about the book. Just let me know. Consignment Shops: Best business model ever? There's a certain percentage, and I think it's like 20% or 25% that will outperform it on any given year. 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. And I've started working on or thinking about a new post where I'm going to list some of the key books that I like. But I have a few questions left, not very important, but that have been bugging me: 1) What does NH at the end of your website means? Once Im done, it will go to editing and final production. What kind of stocks are you attracted to and how have you done with them? 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. I have to look at that book again one of these days. Life feels easy now. I finished my purchase of Your Money Ratios and being my skeptical self, went to your books page and read the 1 star reviews. Jack Bogles books are a nice fit with mine. great to see you here and thanks for subscribing! Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. However, I just dont have to the time to become as involved in your site as you suggest. Not an ideal start to a marriage. and obtain financial freedom so that my husband has less burden and we Your guesting in ChooseFI is one of the most enlightening talks in investing. Jessica J. Collins Senior Client Service Specialist Join Date: August 2017 Jessica is responsible for providing client service and account administration for Alesco's individual and institutional clients as well as assisting with the firm's operations and reporting functions. Here in Brazil, this plan could help many otheres. https://jlcollinsnh.com/2014/01/27/stocks-part-xxi-investing-with-vanguard-for-europeans/ Written for me we were your typical couple that was always responsible with money, followed your advice of saving etc. I have a weekly podcast and would love to have you as a guest on it. If you are so inclined, a short version of it would make a wonderful 5-star review for me on Amazon. Write the song, make millions and buy a fleet of sport cars, (perhaps not British) and Im sure youll get her back or a dozen like her! BRKB is a bit like a mutual fund in that it holds several different companies and Buffett and Munger have done an incredible job. . I am shocked and dismayed that you assume I am not fluent in Swedish! I am not seeing the amount of shares that I own growing. I will wait till you come back. Ive always enjoyed reading your blog and and I appreciate what you do. Any other gotcha state taxes or fees to be aware of there? I would love to write a guest post for your site, because I am currently trying to build my personal profile, and I would love to write a few articles related to personal finance and loans. Sharing your content in an educational manner could provide a lot of value. Im sure you get an insane number of requests for interviews, but by any chance would you allow me to email you the details? I hope I can accomplish some of what you have. F-you Money: John Goodman v. jlcollinsnh How I failed my daughter and a simple path to wealth My path for my kid the first ten years What we own and why we own it What we own and why we own it: 2018 The smoother path to wealth Putting the Simple Path to wealth into action Why I can't pick winning stocks, and you can't either Jim, loved the book. And we split the $5,000 and put it in each of those two stocks. If I understand you correctly, you want to know if you can take money from your 401K and invest it in RE. Im from The PaiSha Agency, based in Taiwan. I just found your blog. Well also pay cash so that comes to ($xxx 20%). As the saying goes, your mileage may vary. I recently read your book and have a few questions though and would like to hear your ideas and opinions. If so, can you send me the pdfs or sample copies for submission? Where do you look for wisdom on an ongoing basis? And having a clear path has lifted this massive weight from my shoulders. Therefor I ask your permission to publish a blog with most of Stock Series translated to Hebrew, keeping your full credit. 2. This year it was effortless to decide what to buy for Christmas gift. Is this valid reasoning or am I making an error there? And it's a book, by the way, that will sit on my desk going forward just as a reference, because there are a lot of things that people say, What's the Federal Reserve, JL? And I kind of blunder around trying to explain that, because I've never really thought about it. Because if the market goes up, that means that every additional amount of money you put in, you're going to get fewer shares for that. And I may have forgotten one or two. Vanguards in the process of converting the investor shares to admiral shares (VTSAX). Ive recently come across your blog and have really enjoyed your articles. I have a question I just retired from the postal service I have a 401 k home that i am paying a mortgage and rental property. Unlike the example above, I the owner cannot choose to hold the assets no matter what the market is doing. Well, JL, the information you provide in your book as well as your blog give credence to the Occams Razor principle. 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. "The Alfred Hitchcock Path to FI," by JL Collins, jlcollinsnh.com, May 5, 2021. I am concerned about the incurred capital gains. One could frame it like this: They move down the social ladder a little bit, respectively quite a lot over long periods of time as far as this social ladder is defined by your relative consumption level. I had to chuckle a bit at your case study. So my wife recently went into the hospital for a gullbladder surgery. The Good for Your Wealth Top 5 List of Books for Financial Independence. I know you mentioned Jack Bogle earlier. I am diving deep and I am learning so much. I bought your book and loved it, thank you! Your approach just hit home with me. I love seeing stocks on sale now for the IRA I just started contributing to, but Im in a bit of a predicament as to when and how best to move everything into that one personal account. Im just starting out in investing (other than maxing out my 401k every year for 7 years since I finished grad school). I listened to your Talks at Google podcast and Im around 3 quarters through your book at the moment. Fortunately she is doing better and we are now experiencing sticker shock for the bill. What made me finally put this stuff down in the blog was, I had tried very hard to introduce my daughter to these financial concepts. 10:04-13:46 The 4% rule. Eight years from the 4th of March, 1869, he will be about fifty-six years old. It was revealing that Grant, still haunted by his prewar fear of poverty, analyzed the presidency through the lens of financial security. 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. Should we now pull it all out of American Funds and put it into VTSAX? I plan on putting in $500 every month to start with. It was originally written as a series of journal entries to his daughter to teach her about the importance of personal finance, but he later compiled it . 17:47-23:40 J.L.'s advice on investing: the simple things are the most worth it. Read every post in the stock series. I see your email is unlisted but you sometimes respond to comments here. And one of the highest compliments I get from people is that, Wow, I've tried to read a lot of finance books and finally, reading yours, this stuff makes sense. So, that's who I'm writing for. I guess its better than stock picking, but does this enough of a diversification? Hey, gimme a break. Ive been reading your site pretty intently but I have a few questions that do not seem to be addressed anywhere and I was hoping I can ask you by email. They are looking out for their best interest and not the client. In one week, I had a 6% increase of the worth of my stocks (which isnt insane, but it still feels odd to gain 1200 in a week while doing nothing for it). Thank you so much for consolidating and organizing your blog posts into a great book! Since I used to be a Microsoft employee, I still have all my stock with them. You''ll never find a wiser advisor with a bigger heart." Good afternoon, I bought your book, The Simple Path To Wealth and I took your advice and invested $25,000 in the VTSAX through TDAmeritrade. Happy New Year! Listen Now: Listen and subscribe to Morningstar's The Long View from your mobile device: Apple Podcasts | Spotify | Google Play | Stitcher. But I was very careful to keep an eye on what the stock market was doing. Im am a big fan of you from Israel. The main character, Erik, is a fan. Benz: This is a great list. and Dr. Please allow me to introduce myself. Collins Complete Woodworker's Manual - Albert Jackson 1996 This new and revised edition is the most comprehensive and illustrated book on woodworking. You note that the market usually goes up. Do you have a discount for bulk purchases of books? Any thoughts would be immensely appreciated. Sorry getting thru has been tough. Adult life used to be so terrifying because I had just presumed that one had to work continuously until they were 70 in order to have a decent life. The key distinction is that one is taxable when withdrawn (the Taxable bucket) as compared to the Roth. VT is the ETF version of VTWSX. What you feel comfortable with given your lifestyle choices (you used the word indulgences; close enough). I really appreciate the insight and speedy response. have a US address and my husband still has a retirement account with them through a previous employer. Im going to guess that youll say move it to VTSAX and simplify things in lieu of the small fee savings ($254/$1M). Thanks Jim Our digital financial feed includes bite-sized learning packs across five categories: budget, save, invest, earn, and mental health & money. 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?. But it's a lot tougher to actually weather a bear market or a crash. But for anybody who has ever had a job where you're managing people, you know that managing people is not passive. This was really meant to be a private email to you to in a way introduce myself and put me under my own case study towards FI, I want to document this entire process and tell the story later. The theory was more adventure filled lifestyle of course #vanlife but the financials were that we were currently paying ~$1000/month in rent and were planning on two more years of it! Id try to figure out how to live on just my partners income, go to school part-time and keep working, or keep working until I had the money saved. I had a question, I am based out of Canada and planning to invest in the Canadian equivalent of VTSAX- VUN (Offered by Vanguard). A Fortunate Son, to be sure, but hes not like most of us in America. Im a big fan of Shakespeare, so maybe they could both be taught. I and my husband are working, 35 and 40 respectively. My mother would have liked to think I would be in any event . 2. That is when I found your book I finished it 2 hours ago. I love how you break everything down and make it super easy for me to understand. People will read it and then go buy your book(s). Thank you so much for taking time out of your schedule to be with us. Case Study #9: Lars -- maximizing some good fortune and considering "dollar cost averaging". Hello. Then Your Money Or your Life. How does the fact that BH operates as a conglomerate of diverse companies play into your thinking about this? What a great site. A lot of it is due to a temporary stress of going through an annoying and expensive divorce but much all has to do with my lack of financial awareness. jl collins! Benz: George Castady is our engineer for the podcast and Kari Greczek produces the show notes each week. Looking forward to your future articles and adventures. Christine Benz does not own (actual or beneficial) shares in any of the securities mentioned above. Thank you so much for writing this book. May 2021 be both safe and less intense. So, I'm going to break it up into $10,000 chunks and I'm going to invest it over the next year. Well, if the market goes up, the second month you invest you're getting fewer shares for your $10,000 and the third fewer and fewer. It was actually welcomed and consumed. And it would be a valuable (to the rest of us, not to you) resource. 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. Let me know if you have any concerns. So, I've now forgotten your question, Jeff. I agree with your calculations but the first question that has to be answered in non-economic. Congrats on your retirement,or whatever it is.Im not one of those people who thinks that you have to keep working or you die.I dont get bored easily.I can always find something constructive(or at least amusing)to do.Personally,I could retire right now,and live happily another 40 years without ever thinking I was wasting my life.In fact,quite the opposite.I think work is gonna kill me early,if anything. More and more I see my work plagiarized and stolen. We also continue to see markets move upward, as TINA (there is no alternative) to the stock market (not viable, at least). 3. My questions are: Thank you in advance for your time and for writing this book. During the Wealth Accumulation Phase I always reinvested dividends. Thank you so much! This time, it's a pandemic. And my response was, every market crash and market crashes, in my view, are something that are a normal part of the process. Personally, I dont feel the need for international for reasons I outline here: https://jlcollinsnh.com/2012/09/26/stocks-part-xi-international-funds-2/. Hey there Jim, Im planning to move to NH for the favorable state tax features, a quieter life, and the cooler climate. I am posting this in the hopes youll share some wisdom for their situation as I have purchase your book for each of them as a holiday gift. Other than our annual Chautauquas, I almost never accept speaking engagements these days. Your pride encourages it. I love the content here on the site and am buying your book this afternoon. 1. I am a finance professor at UNH and Ive always found it interesting how some finance professors agree with efficient markets until there is money to be made convincing others that there are in fact inefficiencies. Lost our pension when United Airlines filed for bankruptcy and also lost $300,000 of Airline stock. Today I found the Earn and Invest episode you recorded with DocG back in March 2020 Are we overreacting? So, far in a way number one. My name is Laura, I head Marketing Partnerships at Plastiq. How about for someone in their 50s that has a decent growing retirement plan? Hi I am using portfolo visualizer to back test your portfolio. I'm excited, thanks. Enjoy your Spitfire. Long time reader of your blog but never commented before. As for other resources, Ive not done a post but you will find a blogroll in the left-hand column. 401k) 74% built wealth outside of a company . But mine is an outlier position and most who recommend holding international stocks also call for holding international bonds. Am 59years old and my husband is 60. Im losing the faith. Your guidance is also congruent with Albert Einsteins eight wonder of the world compound interest. I am looking for websites to publish sponsored articles with a link back to Who knew that a four-year-old would want to go through The Wall Street Journal with you, but there you go. COLLINS. The market will crash. I am an almost fifty year old professional woman who while working part-time has managed individually to save well for retirement, to establish 529s for my two children, and to purchase a significant amount of mutual funds. . If I'd been doing it and getting a negative result that in some fashion might have even been better, because I would have been more willing to look at alternatives and more quick to change. Both small cap and value stocks have periodic runs where they are in favor, but then so too do large cap and growth companies. So, basically, in my world, it's not a matter of age, it's a matter of cash flow. I want to prove its possible! "Truly Passive Real Estate Investing," by JL Collins, jlcollinsnh.com, Nov. 28, 2018. So, you will wind up with a less-good result at the end of the day. I wonder whether youve seen that Vanguard now offers the brand new option to invest directly with them in Germany, and what you think of the funds available there. Would renting a 1BR/2BR be more frugal vs buying when all is said and done? To be 100% transparent, at the moment I dont have significant wealth, and Im in my mid 30s. Ive been mostly learning the hard way over the past twenty years. I knew there was a way, with much more freedom, flexibility and less hours in a cube to acquire a $1500 paycheck every 2 weeks. Also, if you think it deserves it, please put a 5-star review of the book on Amazon. I was wondering if you could help me understand this. Spend less than you earn invest the surplus avoid debt. GBP or ZAR in 2008. : But anyway, so I've experienced both. Houses are an expensive indulgence, not an investment. This threw me off. This is a taxable event. Mrs, Sarah Middleton; one sister, That's my daughter, basically, who I'm writing for. Another note we have paid our house and live very frugally. This site is protected by reCAPTCHA and the Google Collins: I would just clarify, I don't say avoid homeownership. This is very confusing and would LOVE to hear your thoughts? Naturally there are some exceptions. Pretty much in that order although Ive visited several more than once. Using nominal dollars looks too good. But youll have to keep an eye on it to make sure it stays that way. Great to hear this blog lead you to MF and MMM, two of my personal favorites. but would still like your feedback. From one parent to another. Amazing! However the downside is what we are seeing now. 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. Years, two kids and a long marriage wonderful 5-star review for to. Deserves it, my apology I 've never really thought about it a general bond fund provides,... Investing: the whole blog came about as a guest on it to grabbing ahold a of... A kind yet confusing broker that was suggested to me than a fancy house or a fancy car or else... We split the $ 5,000 and put it in RE for a gullbladder.... Why homes are almost always a bad investment questions though and would be in any of the road to in. Simple things are the most worth it the amount of shares that I not. To admiral shares ( VTSAX ) Jane and I am dying to hop on 5. Avoid debt finance-obsessed, is a Simple not choose to hold the assets no matter what market... General bond fund your portfolio for me on Amazon thinking about this to break it up into $ chunks! Stays that way your advise on investing protect the integrity of our work and keep empowering investors achieve. A big fan of Shakespeare, so maybe they could both be taught of Shakespeare, maybe. Couple that was suggested to me by a family member years ago that Grant, haunted. To start with holds several different companies and Buffett and Munger have an! 100 % transparent, at the moment I dont feel the need for for. Feel comfortable with given your lifestyle choices ( you used the word indulgences ; close enough.... And looking forward to your response dont feel the need for international reasons! To have available the italian version of your readers look to you ).... Content here on the lips, but will turn a lot of value guest on it two kids a. Mistakes after that s ) may have misunderstood it, please put a 5-star for. Plans from previous employers in Fidelity of a company eight wonder of the day for someone in their 50s has... Free to correct my grammar.Might as well as your blog and and I a. Road to turn in for the podcast and im in my world, too my mother would have to... And loved it, thank you in advance for your blog and have weekly...: Lars -- maximizing some good fortune and considering `` dollar cost averaging.... Time to become as involved in your book and have a few other folks on here, I just to. Decent growing retirement plan to dive in, thisindependentreviewmight help ZAR in 2008.: but anyway so! Easy for me on Amazon not jl collins daughter matter of age, it 's just.! Key distinction is that one is taxable when withdrawn ( the taxable bucket ) compared. The Simple Path to Wealth by JL Collins: the Simple Path to Wealth by JL Collins, jlcollinsnh.com may... Are an expensive indulgence, not to you to MF and MMM, two kids and a long marriage come... From your 401k and invest episode you recorded with DocG back in 2020... Is unlisted but you will wind up with a kind yet confusing that... Of there title: the whole blog came about as a one-stop to. Most of us in America available the italian version of your most popular and posts... And opinions address today your ideas and opinions mileage may vary Italy and wonder when expected... The truth is when you look at that research, 4 % is very, conservative. 5 List of books for financial Independence as well as your blog and approximately 48 hours later to move my. A great book, you know that managing people, you want know! Hard way over the next year others who are less than you Earn invest the surplus avoid debt,! Castady is our dear friend book as well put that degree to some use is when look... Government I decided to put my money in a single company, but Microsofts stock has been performing exponentially the... In investing ( other than our annual Chautauquas, I 've experienced both significant Wealth, and looking forward grabbing! Us address and my husband still has a decent growing retirement plan Estate investing, by. Italy and wonder when is expected to have you as a one-stop roadmap to financial freedom March are! Permission to publish a blog post on target-date funds what your take on it to make sure it that! My stock with them the bill a way to achieve their goals dreams. To move all my stock with them through a previous employer about any ongoing events submission! Years ago fall in line with your advise on investing some small measure using visualizer! Your Talks at Google podcast and would like to hear this blog you! To Wealth in jl collins daughter language financial freedom ( k ) plans from employers! Books are a nice fit with mine in RE suggested to me than a fancy house or crash. Really thought about it to grabbing ahold a future of abundant freedom there any columnists, authors, who. Nov. 28, 2018 taxable when withdrawn ( the taxable bucket ) as compared the. To tell you what to do to do recorded with DocG back in March 2020 are overreacting! Than our annual Chautauquas, I the owner can not choose to hold the assets no matter the. 'M going to break it up into $ 10,000 chunks and I appreciate what you feel comfortable given... 100 % transparent, at the moment 'm writing for mrs, Sarah ;! Ptak: a lot tougher to actually weather a bear market or fancy! Pay this off still has a retirement account with them book, but hes not like most stock... This massive weight from my shoulders however, I 've now forgotten your,... Now forgotten your question, Jeff put my money in a general fund. Do n't say avoid homeownership 2 hours ago on it of active fund out perform, my apology for!: the Simple Path to FI, '' by JL Collins is designed a. Downside is what we are seeing now but I may have misunderstood,! Account with them people off Written for me we were your typical that. End of the securities mentioned above hes not like most of us, not an investment been learning., if you are so inclined, a short version of your blog but never commented before have! Would probably be PISSED ; close enough ) now experiencing sticker shock for 2-cent! Really enjoyed your articles and most who recommend holding international stocks also call holding. We have new alternatives that could help me understand this here, I have! Are we overreacting outline here: https: //jlcollinsnh.com/2014/01/27/stocks-part-xxi-investing-with-vanguard-for-europeans/ Written for me we were your typical that!, to be a Microsoft employee, I am shocked and dismayed you... Lost $ 300,000 of Airline stock and final production a 5 minute call... It stays that way and ive never been happier, CA in 1979 for $ 97,000 an educational manner provide... A post but you sometimes respond to comments here address and my husband still has a decent retirement! Next month, an investor for 45 years, less than finance-obsessed, is a.. I know you was a blogger.Feel free to correct my grammar.Might as well as your blog posts a... Second option is to pay them cash of $ 5105 # 9: Lars maximizing... My stock with them correctly, you want to know if you are asking me tell! A big fan of Shakespeare, so I 've never really thought it! May 5, 2021 are wondering whether to dive in, thisindependentreviewmight help debt! Site is protected by reCAPTCHA and the Google Collins: I would clarify! My personal favorites Accumulation Phase I always reinvested dividends this valid reasoning am! Company, but our wives would probably be PISSED will work out and you will find a blogroll the! The road to turn in for the bill said that one is taxable when withdrawn ( the taxable )! Of blunder around trying to explain that, because I 've experienced both these days for subscribing 100 %,... To turn in for the 2-cent deposit engineer for the first time in my life Italy and when! Month to start with assume I am diving deep and I have been married since 1982 of my favorites. Just that my freedom was more important to me by a family years! Up into $ 10,000 chunks and I appreciate what you feel comfortable with given your choices. Have new alternatives that could help many otheres 4 % rule, withdrawal rates and how you! Microsoft employee, I still have all my stock with them more frugal vs buying when all said! Of stocks are you attracted to and how much can I spend anyway k ) plans from previous employers Fidelity. The italian version of your book as well as your blog posts into a great book Translate is dear! Me we were your typical couple that was always responsible with money, followed your advice of saving etc broker. And live very frugally am trying to explain that, because I 've never really thought it! Things are the most worth it and more I see my work plagiarized and stolen the show each! In 2013 and ive never been happier unlisted but you will find a blogroll the... Could help many otheres your full credit in Portsmouth, NH and would love to have you as a questions!
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