Why people recommend it
The Simple Path to Wealth by J. L. Collins is a foundational guide on achieving financial independence and building wealth through smart investing in low-cost index funds. On the ChooseFI podcast, Jonathan Barrett, Brad Barrett, Jonathan Mendonsa, and Sean Mullaney frequently discussed and recommended this book, often offering it as a prize in weekly listener giveaway drawings. During episode 136, Sean Mullaney recommended the book during the hot seat segment, noting that it evolved from J.L. Collins's popular stock series and offered invaluable advice that many people would benefit from following. Later, in episode 205, Brad Barrett brought up the book to reference its historical stock market chart when discussing the risks of market lag during asset transfers. Hosts and guests alike highlighted the text as an essential resource for understanding personal finance and successfully navigating the path to financial independence. The book continues to be praised across multiple episodes for its straightforward wisdom and practical approach to investing, making it a staple recommendation within the personal finance community.
Who recommended it
- Brad Barrett Recommended
- Jonathan Mendonsa Recommended
- Sean Mullaney Recommended
Brad Barrett — 4 mentions
“jail Collins book The Simple path to wealth”
“yeah the reality is in most cases there's going to be a few days lag and I think you know if you look at you know J.L Collins has that great chart in his book The Simple path to wealth”
“and I think this is where you and I reading the book The Simple path to wealth or reading the stock series that jlcollinsnh.com and just getting an understanding of okay why are we investing why are we investing this way why do we think this gives us a very high likelihood of success over 30 40 50 years”
“how would this add value to in this case someone who's never heard of J.L. Collins or the simple path to well so again like I'm not coming up with these questions on my own in that case but I'm trying to think from the mindset of someone who's new at this and I think that's just my little frame”
Jonathan Mendonsa — 2 mentions
“the first is JL Collins book The Simple path to wealth”
“the simple path to wealth buy a total stock market index fund since the Advent of some of the modern day I guess you'd call them robo advisors”
Sean Mullaney — 1 mention
“that's not your own so I'd say J.L. Collins the stock series because it led to the great personal finance book The Simple path to wealth I think a lot of us would be well advised to heed much of the advice JL Collins offers”
Mentioned on the show without a named speaker — 7
“and then just send us an email at feedback choosefi.com letting us know that you did that we would happily enter you in a drawing to win a copy of J.L Collins book The Simple path to wealth”
“we do JL Collins book The Simple path to wealth and Dominic cortuccio's book design your future I also have two copies of J.L Collins audiobook which was just released this year the simple path to well so if you're an audible learner like I am then that would be worth checking out as well”
“the first is jail Collins book The Simple path to wealth”
“the first is JL Collins book The Simple path to wealth”
“I went through and binge listened to all of your content read the simple path to wealth like I was all in”
“I was listening to all the podcasts I was reading a simple path to wealth and so it took me a while to finally get into the market”
“tomorrow on Saturday June 27th we are having a Facebook live with the man the myth the legend JL Collins author of the simple path to wealth”
Also mentioned in the same episodes
- The Simple Path to Wealth (Revised & Expanded Edition)
- Armas de titanes
- Atomic Habits
- Contribution to the Biology of Ambystoma Opacum
- Freelance to Freedom
- How to Win Friends and Influence People
Other mentions (4: passing, ad reads, own books)
“I personally side with J.L Collins that a primary residence is not an investment at least not unless you're you're generating income doing really cool things like house hacking”
“we have three books that we normally do we do jail Collins book The Simple path to wealth Dominic cortuccio's book design your future and Vincent puglisi's book freelance to Freedom”
“the first is jail Collins book The Simple path to wealth”
“fortunately I read Rich to head Poor Dad early on and chose to focus on real estate since finding the choose Phi community and learning the simple path to wealth a few years back”