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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI041: The Simple Path to Wealth with JL Collins (Investing Podcast)

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 20 May 2020

⏱️ 71 minutes

🧾️ Download transcript

Summary

BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. SUBSCRIBE to the NEW Real Estate Investing Podcast Get a FREE audiobook from Audible JL Collins' article “You, Too, Can Be Conned” JL Collins' article “Why I Don’t Like Dollar Cost Averaging” JL Collins' article “Too Hot. Too Cold. Not Pure Enough.” Vanguard Total Stock Market Index Fund (VTSAX) Vanguard S&P 500 Index Fund (VOO) Rick Ferri’s book The Power of Passive Investing Joel Greenblatt’s book The Little Book That Still Beats the Market Daniel Crosby’s book The Behavioral Investor Mohnish Pabrai’s book The Dhandho Investor All of Robert’s favorite books SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Get daily content from Robert on Instagram @therobertleonard Read this episode’s transcript and full show notes on TIP: theinvestorspodcast.com/millennial-investing HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP. On today's show, I chat with J.L. Collins about index fund investing,

0:07.0

personal finance principles, and the road to financial independence. J.L. is an accomplished consultant,

0:13.4

speaker, and bestselling author of The Simple Path to Wealth. J.L. has taught me a lot throughout

0:19.4

the years, so I was honored to have the opportunity to sit

0:22.3

down and chat with them.

0:24.1

Although a lot of us here in the TIP community are individual stock pickers, JL's

0:29.3

investing strategy is still very interesting and makes you think about your investing in a

0:33.8

different way.

0:35.3

J.L. even mentions his personal secret that he used to be an individual

0:39.7

stock picker. No one can say whether picking individual stocks or index investing is right for you,

0:46.3

but I hope this conversation will help you broaden your horizon and learn new ways to

0:50.8

potentially increase your returns over the long term.

0:54.6

You're listening to Millennial Investing by the Investors Podcast Network, where your host, Robert

1:00.4

Leonard, interview successful entrepreneurs, business leaders and investors to help educate

1:05.7

and inspire the millennial generation.

1:22.3

As always, I'm your host, Robert Leonard, and I'm super excited to have a fantastic guest with me today, J.L. Collins. Welcome to the show, J.L.

1:26.5

Thanks, Robert. It's a pleasure and an honor to be here. I appreciate

1:29.6

the invitation. I'm personally familiar with you from your blog, your stock series, and your book,

1:36.2

but for those listening to the show today that might not be familiar with you, please tell us a bit

1:40.7

about your background and how you got to where you are today. Well, in terms of the blog and the book, back in 2000, I've always been interested in investing

1:50.3

and finance, and it's been kind of an avocation for mine.

1:54.4

And as my daughter was growing up, I was trying to convince her of the importance of

...

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