The Simple Path to Wealth is now Published!

SPW cover final

At long last, three years in the making, my book is finally published and available:

The Simple Path to Wealth

Whew!

I can’t tell you how thrilled (and relieved!) I am. Thanks to all of you who offered support and encouragement along the way. It made all the difference.

**BTW, because there is a very successful author of business books named Jim Collins, for this book and the blog I am transitioning to JL Collins to avoid any confusion.**

I sincerely hope you read it. Personally, I’d march on down to my local library and ask for it. But if you want to buy it, that’s OK too. Here you go, click on this:

Once you do, I have a very important favor (or two) to ask.

I’m terrible at social media, but you are very likely a master. Please spread the word on your Facebook and in your Tweets, or whatever else you prefer. Besides, it sounds better coming from you than me anyhow.

Do you have a podcast, radio or tv show? I’d love to be your guest to talk about the book or anything else I cover here. Those I’ve done so far have been a blast!

At the risk of sounding immodest, I think this is an important book that has the potential to make people’s lives richer, better, freer and more dynamic. We in the FI community already get this. But I’d like to see the message reach beyond to those who, perhaps, need to hear it most. This is a key motivation behind the time and effort I put in to creating it. If you agree, I hope you’ll help spread the word:

  • Put up a review on Amazon. I’m told this is critical.
  • If you have a blog, please write a post review and send me a link. I plan to put up a post highlighting the best these.

Not a book reader? Want the content in a 97-second video? Here you go:

(Not work or kid friendly)

For some less profane videos, and a couple of upcoming live webcast Q&As, check out the end of this post!

Finally, and no less fun for me, tell me what you think in the comment section below. Here’s what others have said so far:

Praise for The Simple Path to Wealth

“Let’s face it: Most investment books are boring. Dull. Uninspired. This book brings managing your money to life. JL Collins offers a one-two punch: a simple, effective message told in a visual, funny style. If you think ‘investing is boring’ or ‘investing is hard,’ read this. You’ll never say those lines again.”

Paula Pant: Affordanything.com

“For most, investing is both intimidating and complex. JL Collins, in his patented no-frills and often humorous style, makes it both approachable and simple. And powerful. Every investor should read this book and absorb its wisdom.”

Jesse Mecham: Youneedabudget.com

“The media claims stock investing is no better than gambling. Wall Street pros claim investing is so complicated you need to pay THEM to guide the way. Collins cuts through the crap. He demonstrates a simple, level-headed way to wealth that will lead you to a richer life.”

J.D. Roth: moneyboss.com 

“In the dark, bewildering, trap-infested jungle of misinformation and opaque riddles that is the world of investment, JL Collins is the fatherly wizard on the side of the path, offering a simple map, warm words of encouragement and the tools to forge your way through with confidence. You’ll never find a wiser advisor with a bigger heart.”

Malachi Rempen: itchyfeetcomic.com

“It’s rare to find a book that truly changes your life, but JL Collins’ common-sense explanations allowed me to see clearly what was previously so muddled. All the stress and indecision I previously felt with investing has melted away and, for the first time, I feel 100% confident in my strategy. I am forever in his debt and have become an evangelist for his approach.

“If you’re serious about your financial life, you need to read this book!”

Brad Barrett: richmondsavers.com and travelmiles101.com

“This is the ‘START HERE’ book I recommend to everyone interested in investing. An amazing overview of everything you need to know. This is easily the best foundational investing book available. If you’re thinking of investing, this book will radically increase your confidence. If you’re already an investor, this book will help you optimize your investing strategy to get better results. These simple principles are astoundingly effective. I followed his guidance and went from zero to a six-figure investment portfolio in less than five years.”

Hahna Kane Latonick: hahnakane.com

“JL Collins is the consummate expert on sane, rational investing methodology and he has a knack for explaining the underpinnings of the stock market in a straightforward, approachable manner. Collins’ writing is thorough, informative, and best of all—effective. Most importantly, he’s one of the rare financial experts who isn’t trying to sell you something or rip you off.”

Mrs. Frugalwoods: frugalwoods.com

“Jim takes a topic that is often complex and sometimes intimidating, and shares it in way that anybody can understand. Finally there is a book I can recommend that explains how to become wealthy in a way that is both easy to understand and easy to implement.”

Jeremy Jacobson: Gocurrycracker.com

“Investing doesn’t have to be difficult.  In fact, it’s much better when it’s not and the people who try to make it complicated are often the ones hoping to move your money into their pockets. The Simple Path to Wealth contains everything you need to know to become a successful investor so read it, ignore all the other nonsense, and one day you’ll have more money than you know what to do with!”

The Mad Fientist: madfientist.com

The Simple Path to Wealth provides a refreshingly unique and approachable take on investing. It’s not only about reaching financial freedom, it’s about building a better life. It’s not about finding the next hot thing. It’s about sticking to the small number of time-tested principles that actually work and anyone can implement. If you’re looking for a way to use your money purposefully and intelligently to create a life you enjoy, this is it.”

Matt Becker: momanddadmoney.com

“Personally, I don’t follow the strategy laid out in Collins’ book. But then, I have spent years of work and study developing and managing my own. For those who don’t want to do this, I’d recommend this book. If your goal is financial independence, you’re going to need strategies that are optimal for your skills, talents, and temperament. Those in The Simple Path to Wealth will serve you well.”

Jacob Lund Fisker: earlyretirementextreme.com

“Hey Millennials, listen up. The Simple Path to Wealth is an essential addition to your financial library. Sure, you could probably figure this out on your own, but why reinvent the wheel?  It’s everything you should’ve been taught about investing and finances in high school. With funny personal anecdotes and a ton of valuable lessons, you can’t afford to not buy this book!”

Gwen: fierymillennials.com

“Whenever I think about writing anything on investing, I recall JL Collins’ insight and logical advice in The Simple Path to Wealth, marvel at its brilliance, then dramatically pluck a piece of paper from my typewriter, crumble it in resignation and go learn another recipe from my mom. I cannot improve upon the best.”

Anita Dhake: thepowerofthrift.com

“JL Collins has the gift of making boring financial concepts funny and interesting.  He makes complicated subjects simple and easy to understand. The Simple Path to Wealth is the first book I recommend to people curious about financial independence.”

Mike Moyer: mikeandlauren.com

“There are loads of books on investing. This is the one to get. It is smart, thorough and accurate; and sometimes even funny. It is no understatement to say that his principles changed the way I invest and made me wealthier in the process.”

Mr. 1500 Days: 1500days.com

“It doesn’t read like an investment advice book, but it gives more bang for the buck than any other investment advice book ever could.”

Steve Fallert, Senior Director of Contracts: 

From one of the Big Five Book Publishers

“If your goal is to gain financial independence, without carelessly gambling along the way, this is your book. Dig in as deep as you want; you’ll never find bad advice. The ideas here are practical, easy-to-understand and backed up by statistics. You’ll also laugh a lot along the way, especially if you share Mr. Collins’ dry sense of humor.”

Todd Froemling: stockchoker.com

“JL Collins’ blog is where I send those wanting to learn about effective investing. Now, in this book, he has managed to take all the confusing investing knowledge of our age, and condense and clarify it into something anyone can understand. Despite the simplicity of the message, the outcome is powerful: the most effective investing strategy one can implement, whether beginner or expert!”

Joe Olson: adventuringalong.com

Chief Moderator, http://forum.mrmoneymustache.com

The Simple Path to Wealth is really about choosing a lifestyle – one that embraces a simple three-step philosophy that will change the way you view life, and how you live it: spend less than you earn, invest wisely, and avoid debt. The book includes simple parables that untangle unnecessary complexity and show how the power of compound interest can provide you with the wealth of freedom. The writing is straightforward and colloquial, and powerful points are highlighted in a way that is easy to grasp. Reading this book can be a wise investment in your future, as well as a clear reminder of what is really important in life.”

Tom Mullen: roundwoodpress.com

“JL Collins takes the old style of investment book writing and disregards it completely. Instead of esoteric equations about measuring a stock’s alpha and comparing it to its beta, he lights up the campfire and starts telling stories. Stories that just happen to be about exactly what you wanted and needed to learn about your money.

“I have found that the road to a wealthy life really is simple and quite enjoyable to follow, so it only makes sense that a book about it should have those same fine traits. This one does.”

Peter Adeney: mrmoneymustache.com

The Simple Path to Wealth is the investing book I always wished I’d read. Collins breaks down otherwise-daunting concepts and terminology to make learning the world of investing easy and enticing. He tells you everything you need to know to get started and to continue on with success. This is the only book on wealth and investing that you need to read.”

Julie Morgenlender: Nest Egg Chick

“Based on JL Collins’ excellent blog Stock Series, this book deserves to become a “go to” resource for investors.  He cuts through all the spin, complexity and jargon of Wall Street and makes investing simple enough for anyone to manage their own portfolio. Crucially, JL Collins covers the mental and emotional aspects of investing as well as the technical aspects which is rare amongst investment writers.”

The Escape Artist: theescapeartist.me

“Jim enjoys a financially independent lifestyle while sharing money and life lessons through his blog. His Stock Series introduced passive index investing to a wide audience. Now you can get the same wisdom, distilled in book form. Jim tells you how to avoid common investing fears, misperceptions and mistakes. He teaches about diversification, asset classes, asset allocation and the best way to use retirement plans. This is a simple, proven path to investment success from a guy who actually did it. If you’re new to investing, don’t miss this crash course in the essentials!”

Darrow Kirkpatrick: CanIRetireYet.com

“I came of age in the midst of the Great Recession. Like many of my peers, I developed an unhealthy fear of the market. By the time I finally realized investing was one of the best ways to build wealth while beating inflation, I had no idea how to do it. Then I started reading JL Collins. This book makes one of the most overwhelming financial tasks not just simple, but exciting. While time has taught us that the market doesn’t always go up in a perpetually straight line, Collins has taught us how to invest so the ups and downs don’t hurt so badly. And he’s taught us how to do it without getting a headache.”

Brynne Conroy: femmefrugality.com

“A brilliant collection of practical, personal finance advice that produces extraordinary results for your financial happiness. JL Collins has a knack for fact driven investment ideas that you can learn from to strengthen your financial muscle. A masterful must-read for anyone who expects financial peace.”

Shilpan: streetsmartfinance.org

“As small business owners, our biggest fear is always about how we plan for retirement. Collins removes the mystery and nonsense surrounding investing. We feel much more confident about how we invest our money.  We love our business, but love even more that work is becoming a choice, not a requirement.”

Jay Dedman and Ryanne Hodson: scavengerlife.com

“This book should be required reading for any new investor!  In it you’ll find comprehensive investing information, along with some neat tips and interesting twists to help make the most of your money. The JL Collins common-sense approach to building wealth makes it easy for anyone to be successful.”

Mindy Jensen: BiggerPockets.com

“JL Collins’ witty book delivers on its promise and provides simple tools for you to build your wealth. His motives are altruistic; he wants you to cast off the shackles of debt, accumulate F-you Money and create your own freedom. JL makes reading about investing and financial independence fun, sometimes even hilarious. For non-Americans, the book is also a fantastic read. Wisdom and strategies offered can easily be applied around the globe; you’ll wind up rich, not just in money.”
After reading The Simple Path to Wealth, I felt like I had just left class with my favorite high school teacher.  You remember that teacher – the one who had an incredible passion for their subject, who told great stories, but who also explained the most complex topics in a way that you actually understood what they were saying?  JL Collins is that kind of teacher. His book will help you take charge of your personal finances from early adulthood all the way through retirement. If your goal is financial freedom or if you are looking to help your children become financially responsible adults, read and learn The Simple Path to Wealth. It is the only path you will need to follow!
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“Thanks! I am honored by your kindness and support!”
JL Collins
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Video Series with Mike & Lauren

A couple of years ago, when I naively thought it would be out much, much sooner, I sat down with Mike and Lauren of YouTube fame to shoot a bunch of video surrounding the concepts in my book.

Since then, they have been crafting this raw footage into a series of short (>5-minute) videos. There should be 10-12 when the series is done and you can see their intro and the first here:

https://goo.gl/7maKWd

The others will follow weekly on that same channel. In addition, we plan to do a few live broadcasts where I’ll take questions and expand on the subject of the most recent video. We’re not sure how many of these there will be, but the first is Monday, June 20th @6 pm EDT:

https://www.youtube.com/watch?v=bwZBBk382Mo

It is always great time with these guys, and I hope you’ll join us!

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LIVE Webinar Q&A hosted by Hahna Kane Latonick

Hahna and I had a blast doing our interview for her Master Your Money Summit, and this Q&A was even more fun. Hope you’ll listen!

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So Money interview with Farnoosh Torabi

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Mad Fientist Podcast interview

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In the comments below, reader FIRECracker weighed in. This is she:

FIRECracker_small

And this is her video. Watch it.

Nothing to do with my book, but watch it.

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Subscribe to JL’s Newsletter

Important Resources

  • Talent Stacker is a resource that I learned about through my work with Jonathan and Brad at ChooseFI, and first heard about Salesforce as a career option in an episode where they featured Bradley Rice on the Podcast. In that episode, Bradley shared how he reached FI quickly thanks to his huge paychecks and discipline in keeping his expenses low. Jonathan teamed up with Bradley to build Talent Stacker, and they have helped more than 1,000 students from all walks of life complete the program and land jobs like clockwork, earning double or even triple their old salaries using a Salesforce certification to break into a no-code tech career.
  • Credit Cards are like chain saws. Incredibly useful. Incredibly dangerous. Resolve to pay in full each month and never carry a balance. Do that and they can be great tools. Here are some of the very best for travel hacking, cash back and small business rewards.
  • Empower is a free tool to manage and evaluate your investments. With great visuals you can track your net worth, asset allocation, and portfolio performance, including costs. At a glance you'll see what's working and what you might want to change. Here's my full review.
  • Betterment is my recommendation for hands-off investors who prefer a DIFM (Do It For Me) approach. It is also a great tool for reaching short-term savings goals. Here is my Betterment Review
  • NewRetirement offers cool tools to help guide you in answering the question: Do I have enough money to retire? And getting started is free. Sign up and you will be offered two paths into their retirement planner. I was also on their podcast and you can check that out here:Video version, Podcast version.
  • Tuft & Needle (T&N) helps me sleep at night. They are a very cool company with a great product. Here’s my review of what we are currently sleeping on: Our Walnut Frame and Mint Mattress.
  • Vanguard.com

Comments

  1. Lucie says

    Congrats on the book release! Review posted as promised, and I’m gonna order a book for myself and one as a gift.
    Let’s bring your wisdom to the world!

  2. Tom says

    Jim – congrats on publishing the book!

    What would it take to get a copy signed by you? Will there be a book tour?

    Really appreciate the wisdom on this blog. I frequently send people here to peruse the stock series.

    • jlcollinsnh says

      Thanks Tom!

      All it would take is handing me a copy and saying, “Please sign this for me.”

      No plans for a formal book tour, I don’t have that kind of budget. 🙁

  3. TC says

    I posted the following review on the Canadian Amazon site (amazon.ca). I hope the book will be available there soon – I really enjoyed it!

    5.0 out of 5 starsGreat Book!
    By TC on June 18 2016
    I have been a reader of Collins’ excellent blog for several years and this book enhances that information and puts it in a format that is easier to access for anyone new to Collins’ approach, and serves as a great refresher for the longtime reader. The Simple Path to Wealth is brilliant in its simplicity as a resource for anyone looking to start investing for the future and unsure how to do it, or for anyone who is already investing but unsatisfied with their results or afraid of the markets. There is no complicated math, crazy get-rich-quick schemes or underhanded sales pitches. Perhaps the only two downsides, from a Canadian perspective, are that the the assumed returns seem overly optimistic and that the book focuses on on implementing Collins’ strategy from an American perspective. Thus, certain recommended products may not be available to an international audience. However, Collins acknowledges and responds to both of these issues in the book, inviting readers to tailor the strategy to their own requirements. Needing to use different products doesn’t undermine the applicability of the overall message. Overall, The Simple Path to Wealth is a great resource. If you are a Canadian reader, I would suggest paring the book with some of the fund recommendations from Dan Bortolotti’s Canadian Couch Potato blog.

    • jlcollinsnh says

      Thanks TC!

      I appreciate the review and I love the idea of it being reviewed for the Canadian market. 🙂

  4. Jone says

    Reviewed and purchased!

    Thanks again for writing this book. I will be giving my son this copy. I will also stop by my local library and begin bugging them to buy one!

    • jlcollinsnh says

      Thanks Jone…

      I appreciate the review and the sale, and I love the idea of bugging your library to stock it. 🙂

  5. Kelly says

    I have been lucky to have great jobs that I enjoyed. And then came a fork in the road, where there was talk of outsourcing my division at work. That’s just about the time I started reading your blog. I was always a good saver, but I also had an expensive lifestyle, so I became much more diligent in getting my financial house in order. Two years later when the outsourcing became a reality I was in much better shape – I had a fatter bank account and I was armed with an understanding of how early retirement could be achieved. I discovered an empowerment I never had before realizing I had choices! Otherwise, I am sure I would have stayed in Boston (expensive) and taken another job with my same company – in a different division that entailed a one-hour commute twice a day. Instead I relocated back to my hometown in VA. Now I see my parents, sisters, nieces, nephews and old friends on a regular basis and am really part of their everyday lives. I was missing out on all these great experiences that you just can’t get with a few visits each year.

    Before I followed your blog, it never occurred to me I was close to financial independence. I am so appreciative that you shared your knowledge so generously; so people you don’t even know (like me!) are leading much richer, happier lives. I can’t thank you enough.

    A Simple Path to Wealth perfectly encapsulates the principles from the blog. I’ve purchased a copy for my niece in college so she can get on the path early in life. I think she will enjoy it just as much as I did.

    Many congratulations Jim, the book is winner!

    • jlcollinsnh says

      What a wonderful story, Kelly!

      I’m pleased things worked out so well for you and that the ideas here, and now in the book, helped. 🙂

  6. Julie says

    Thanks for letting me know! I just ordered 2 copies (to start, need to make a list of gift recipients before bigger order) from the Amazon link on your website. Maybe will donate one to our library.

    Review coming!

    • jlcollinsnh says

      Thanks Julie!

      I appreciate the sales and, what really feels good, is that the message will reach beyond the blog!

      Hope the people you gift it to both enjoy and benefit from it. 🙂

  7. Andrew says

    I’ve been looking forward to this book for a long time. Can’t wait to read it. Congratulations on getting it done, what a great accomplishment. Also very excited for the Mike & Lauren video series.

    • jlcollinsnh says

      Me too, Andrew! 😉

      Seemed to take forever!

      M&L’s videos have already started to appear. Hit the link at the end of this post and you can watch the Intro and #1. I’m impressed with their work!

      Plus, today at 6 pm EDT I’ll be doing a live Q&A session with them and we’ll answer as many listener calls as we can!

      • Andrew says

        Jim, I’ve been keeping up with the YouTube videos and have enjoyed them immensely.

        My fiance also surprised me with a hard copy of your book (she knows me well…and she’s obviously awesome), and I have since devoured it. Finished it earlier today while sitting pool side.

        I really loved it. Great work, you have given a very much needed gift to the world. I’ll be leaving you a very favorable review on Amazon, as well.

        • jlcollinsnh says

          Glad you like the videos, Andrew. I really think M&L did a great job.

          Thanks for the very kind works and especially for your coming Amazon review. Those really help. I’ll eye an eye out for yours, but please also post a link to it here.

          And thank your fiancée for me. She clearly has excellent taste in presents. And what could be more romantic than The SPW 😉

          • Andrew says

            Hi Jim, wanted to touch base because I saw you will be attending FinCon this year (according to the attendee list). I will be attending as well (first time attendee). I’m really excited to check it out.

            I’ll try to find you and say hello at some point! And if you know of any meet ups/side sessions or the like happening, feel free to invite me along.

          • jlcollinsnh says

            Hi Andrew…

            Please do look me up. I’m the big ugly guy wandering about.

            As for meet-ups, I don’t do much planning and tend to go wherever the bad company I hook up with goes.

  8. Zed says

    Congratulations! I am going to buy myself a copy and request my library does as well.

    Without reading it yet, thoughts on giving this as a graduation gift(s)?

    • jlcollinsnh says

      Thanks, Zed…

      Well I’m not exactly unbiased here, but I think it would make a wonderful graduation gift!

      But then, were it up to me, I’d also have a copy issued to everyone at their birth. 😉

  9. Joe S. says

    Jim,

    Congrats!! I know how difficult it could be to plan, write, and publish a book–especially a book on investing. I know that this will inspire many to follow the correct path to financial independence.

    Joe

    • jlcollinsnh says

      Thanks Joe!

      Looking back over the three years it took, I am a bit stunned at the time, effort and labor it took.

      But now, seeing it out and with the warm reception it is getting, it definately was worth it!

  10. Ty @ Get Rich Quickish says

    Just purchased my copy and I can’t wait to get my hands on it!

    Your blog is one of the first personal finance sites that I found and it truly altered the direction of my financial life (for the better)!

    I was able to take the information you provided in your Stock Series and come up with a plan that was far more simple than I ever thought possible, and for that I offer a sincere THANK YOU!

    • jlcollinsnh says

      Thanks TY…

      If the Stock Series helped, you should like the book even better.

      It expands on the ideas while at the same time being more focused and concise. The writing is far more polished as well.

      Maybe not better, but certainly more polished. 😉

  11. Shilpan says

    I am humbled and proud to be your friend. Your book is a trend setter and timely for those who are about to enter the world of investment. I will certainly buy two copies for each of my daughters as I want them to reap benefits of your wisdom.

    This also shows power of Internet and what it can do to transform countless lives; your blog has already proven that simplicity is the cornerstone of happiness even when it comes to achieving financial independence.

    • jlcollinsnh says

      Thank you, my friend!

      Hope they read it!

      My own daughter told me she plans to, but then it was Father’s Day at the time…. 😉

      • Shilpan says

        Just wrote a review on Amazon. I wish there was 6 star rating available

        My younger daughter is at Columbia Law school so she will need this book to learn how to save once she starts making money. I keep telling her that it is not what you make, it is what you save that matters but of no avail; hope your book will make my job easier :=)

        • jlcollinsnh says

          Thanks Shilpan! Maybe you can write in 6-stars!

          Hope your daughter reads it, she at the perfect age. Sometimes our kids hear the message better from someone other than us. 🙂

  12. Paul says

    I consider this blog to be one of the most important sources of personal financial advice on the internet. I’ve read every post, some multiple times. I’ve also posted questions in the “Ask Jim Collins” section and received excellent advice and counsel on specific issues relating to my own financial situations. Given that this website is an invaluable resource, it seems the least I can do is order this book and post a review on Amazon. I’d encourage everyone else to do the same It seems a very small price to pay for this treasure trove of insights and wisdom. Please keep up the excellent work, Jim.

    • jlcollinsnh says

      Thanks Paul!

      I’m pleased the blog helped and that I was able to address some of your questions on Ask JLC.

      I’ve actually stopped taking detailed investment questions there and elsewhere on the blog for now. Too busy with the book and now with the launch.

      Once I recover, maybe I’ll start that up again…

  13. MarciaB says

    I’m going to buy a copy for my daughter and her soon-to-be husband (both millennials ); this is the ideal wedding gift in my opinion!

    • Lins says

      I’ve seen several reviews already commenting on this being a great graduation gift. Fantastic wedding present as well – wish I had got it 10 years ago with ours!!

    • jlcollinsnh says

      Weddings, graduations…

      …all sounds good to me. 🙂

      As I said to Zed above, I think it should be issued at birth! 😉

  14. Semira says

    Purchased! Congratulations on finishing the book. This is the first purchase of a “thing” (not food or travel) that I can remember in over a year :). I’m sure it will be worth it. I’ll post a (I’m sure glowing) review as soon as I’m done. Already tracking my package I’m so excited! Amazon is right down the street from me – I’m almost hoping they surprise me by delivering it early.

    • jlcollinsnh says

      Thanks Semira!

      I appreciate that it made the rare cut of a thing to buy! I don’t buy much myself. 🙂

      And I really appreciate your coming Amazon review! I am only now understanding how important those are…

  15. Mrs.PIE says

    Congratulations on publishing! What an achievement! This book deserves all the accolades it has received so far, and deserves to do very very well.

    • jlcollinsnh says

      Thank you, Mrs. Pie!!

      The accolades have been wonderful and it has even sold a couple of copies. 🙂

  16. Lins says

    Congrats Jim!

    Can’t wait for the book tour (Please stop by Auckland, New Zealand if you extend to a world tour! 😉 )

    New Zealanders desperately need your advice, their best financial gurus currently recommend “investing in housing”. The one economist that recommends renting and investing the difference is seen as a bit of a hippy.

    Shared your Amazon book link, and my review on the Facebooks and the Twitters and everyone at my work that will listen to me 😛

    • jlcollinsnh says

      Me too, Lins!

      All I need now is someone to sponsor the tour. 😉

      If I have any say, New Zealand will definitely be on it!

      Sounds like a recipe for a housing bust to me….

  17. Lins says

    Please leave some Amazon reviews for the Kindle version if you get it – there’s only mine and Geraint’s positive review vs some obviously trolling author trying to get clicks to his own ebook “meh” review.

    Book version has heaps of positive reviews already – fantastic!!

    • jlcollinsnh says

      Just spoke to Amazon today.

      They tell me the book and Kindle versions should be merged to one landing page in the next few days. That should help.

  18. Tim R. says

    After hearing your golden pipes on “The Position of FU” above, I’m wondering if and when “The Simple Path to Wealth” will be coming out on Audible?

    • jlcollinsnh says

      You are too kind, Tim!

      I would love to do an audio version. I’ve gotten conflicting advice. Some say I should hire a professional narrator others, citing my voice, suggest I do it myself.

      I’d like to do it and I think listeners probably like hearing the actual author, but I also realize that this is a skill a pro would have that I do not.

  19. Free to Pursue says

    Congratulations JL!

    What will you do with all your new-found free time? 😉

    I have no doubt this book will help many people make wiser choices when it comes to saving and managing their money. I appreciate you taking the time to write it. The world is better for it.

    • jlcollinsnh says

      Thanks http://FtP...

      So far that free time has proven elusive. I’ve been buried with emails and reviews/posts on the book to read, plus I’m doing interviews and Q&A sessions like those mentioned at the end of this post.

      Plus I have some post ideas I want to write and get up.

      But when it comes, I look forward to relaxing a bit. Then, on to the next book! 🙂

  20. John says

    Congratulations, Jim. I first followed your blog more than 3 years ago and your posts back then have helped inspired me to change my financial life. Thanks!

    • jlcollinsnh says

      Thanks John!

      Glad you finally decided to comment. 🙂

      If you choose to read the book, as a long-time reader here, I’ll look forward to hearing what you think.

  21. MMD says

    If your book is anything like your blog has been, then I’m sure there will be a lot to learn and a lot more surprises beyond that!

  22. Benny says

    Recently found your blog and going through the Stock Series. Wow I wish I knew about all this many years ago! But never too late to start. Thank you for all the content you’ve put out over the years.

    Just got the book on Kindle and look forward to reading it. Will review it for sure!

    • jlcollinsnh says

      Welcome Benny…

      Glad you got the book. In many ways it is the material in the Stock Series combined with that of other posts, distilled into a better organized, more concise and better written (I think) format.

      I look forward to your review!

  23. Julie and Will says

    Congratulations again! It must feel great to have such positive feedback.

    You’ve already read our Amazon review of the book, and here’s a link to our blog post with the same review: http://www.thousanddaystoretirement.com/?p=868

    Great job on the book. We’ve already copied and filed for future reference some important pages, namely the section on withdrawing that 4%. Hopefully we’ll need those pages soon!

  24. David says

    Congrats Mr. Jim! We’ve got ours ordered and set to arrive this week!

    Looking forward to your podcast with Farnoosh Torabi as well. Will you be podcasting on any others?

  25. Jone says

    Everyone:

    I stopped by my local library to ask they purchase this book today. They directed me to their website to request the book. I was able to visit their website and fill out the book purchase request form in a matter of seconds. So, Help Mr. Collins and check your local library’s website and see if you can request they purchase a copy!

  26. FI Champion says

    That is one IMPRESSIVE list of endorsements in this post. Wow!! I know you’re grateful for all the encouragement and support from those in this finance community….but once again, let me add my voice to the list of people that thank you for YOUR encouragement and support…..and inspiration!

    Congratulations on the publishing of your book. I will definitely swing by Amazon and pickup a Kindle version of it. Anxious to dive in this weekend.

    Thanks!

  27. Jon S. says

    The much anticipated chronicles of The Godfather of FI/FU monies has arrived. I’ve ordered the “bible” and look forward to reading it. Your teachings/postings have already provided thousands ( and growing ) of people with excellent advice. It sure has come a long way from somewhat of a reluctant hero trying to provide his daughter with ageless financial advice to now this. We sure appreciate you, Jim. Add your mug to the Mount Rushmore of FI Founding Fathers…next to The Mad Scientist, Go Curry Cracker and “Straight Arrow” Darrow Kirkpatrick.
    * Hat tip to others such as ERE & MMM…but for me these Four Horsemen of Financial Freedom are tough to beat! 🙂

    • jlcollinsnh says

      And I very much appreciate your kind words, Jon. It has been a remarkable and unexpected journey.

      I emailed your comment to those guys. They all got a kick out of it. Not sure they agree I belong, but that was your call not theirs! 😉

    • jlcollinsnh says

      Thanks Mark!

      They really came thru, more than I deserve, but I’ll take it!

      But, I’m still missing yours…. 🙁 🙂

      • Mark Eichenlaub says

        I can add a link in my site and upcoming Teachable course. You’d most want the Amazon review though right? I’ve not read it yet but knowing your site and your work I KNOW it’s not just great content but motivating.

      • jlcollinsnh says

        Why, both of course, Mark! 😉 🙂

        If you choose to do it on your site, please leave a link here!

          • Mark Eichenlaub says

            I just looked and you already are linked in my Teachable Course (almost done!). I am going to update my resource section on my website though.

            My course is specifically for teachers (I am a teacher) on how they can get access to index funds (huge pain in the neck). I just got my district to do it but this is pretty rare and I think every teacher should have access to these funds. The course also has a section on: 1. ways to cut expenses and a section on 2. realistic ways for teachers to earn more if they don’t want to leave the profession. Both of those units are with the intent that teachers could then take the newfound money and put it into index funds with the goal of maxing out their 403(b) and then some.

            Anyway, if you are interested the course will be done by the end of next week and you are linked in it here: http://prosperousteachers.teachable.com/courses/teachandretireearly
            I’ll actually do a post at my homepage though and get you done right.

  28. Katie says

    Any chance this book will be listed on Google Books as well, or will be directly available from your site? I’m not a fan of Amazon. Thanks!

    • jlcollinsnh says

      Hi Katie…

      This is all very new to me and I haven’t considered those options, or even been aware of them. So, possibly, but no plans at the moment.

  29. Jillena says

    Congrats! Downloaded it on Kindle and am 20% through in the first few hours. Fantastic! You are changing people’s lives. I’ll be buying copies for friends for years! Most importantly, I’ll be buying my daughter a copy.

    • jlcollinsnh says

      I’m delighted you are enjoying it, Jillena…

      …and I am thrilled you are passing it and the Simple Path message along. 🙂

  30. Kevin says

    Got the book last night. Love it so far….and am really looking forward to meeting you in Ecuador. Thanks for the great info.

  31. Anna says

    Congratulations on the book! It looks like sales are really going strong.

    If you don’t mind me asking, how did you come to the decision to self-publish rather than going the traditional agent/publishing house route? As someone who works in traditional publishing, I’m very curious about self-publishing and how it’s working out for authors using new models.

    • jlcollinsnh says

      Thanks Anna!

      Sales seem to be going well, but I have little frame of reference.

      I don’t mind at all.

      Initially I simply assumed, based on everything I had heard, that traditional publishing houses wouldn’t even look at a newbie author like me.

      To my surprise, when I put up this post: https://jlcollinsnh.com/2016/04/05/help-wanted-the-book/ a couple of agents and one of the big-five publisher’s reached out. We had some brief conversations, but I decided to continue my plan to self-publish because:

      –They envisioned a whole new round of editing and I had just spent 18 months working with my editor to get the book exactly where I wanted it.

      –They would have taken over the design and proofing and while that would have saved me considerable effort, I didn’t want to give up the control.

      –My share of the sales price would have been much less.

      –In return, they were talking about an upfront advance. But I don’t need the money up front.

      –The biggest reason: I was concerned that as a new book/author, they wouldn’t put their marketing muscle behind it. As this was/is the only real advantage I see, here we are. 🙂

      Hope this helps!

  32. Sally says

    Congratulations on such an amazing accomplishment, and thank you for sharing your thoughts and advice throughout the years.

    Can’t wait to get the book tomorrow and delve into the wealth of knowledge. Most of all, I’m looking forward to sharing this with friends and family. I intend to give this book to my brother as one of his wedding presents. Really hope he will read it and change his outlook on savings/investing/saving for retirement (and hope for a better outcome than my unsuccessful attempt on giving him “the millionaire next door”).

    • jlcollinsnh says

      Thanks Sally!

      I’ll be very interested to hear how your brother likes it. My aim was to make it engaging and useful for people like him (and my daughter) who aren’t really interested in this stuff but who are smart enough to know it is important.

      I read the Millionaire Next Door and liked it, but then I like this sort of thing. I can see where someone who was lukewarm on the subject might not care for it.

      Please post a review on Amazon for me when you are done!

      • Sally says

        A review will definitely follow. 🙂 I also liked the Millionaire Next Door, but it dragged on for a few months before I finished (bed time read. Suffice to say it did the trick on putting me to sleep. lol). Based on the reviews I’ve read, your book is a game changer on providing a more light-hearted and easy-to-digest guide on savings/investing.

      • jlcollinsnh says

        I hope you’re right, Sally…

        …that’s my goal.

        It has started off strong, now we’ll have to see if it has “legs.” 😉

    • jlcollinsnh says

      Thanks Margaret…

      I’ll check into doing this, but it might interfere with my bigger, long-term goal.

      Shhhh… Don’t tell anybody but…

      As I said, while I had some interest from agents and one “Big-Five” publisher, as a newbie author I wouldn’t have had the clout to insure that they’d put their marketing muscle (and $$$) behind the book. I’m told, if it sells well on Amazon the game changes.

      At the risk of sounding immodest, I think this is an important book that has the potential to help make lives freer, richer and happier. I want to see it reach as broad an audience as possible. That will take having a major publisher behind it and sales numbers that give me the clout to insure it gets their attention and efforts once they take it on.

      If this means I make less per copy, then that’s a trade that is worth it to me.

      On the other hand, if I can count and present the sales done directly, it might be the best of both worlds.

      We’ll see!

      In any event, thanks for your support and for thinking of my interests. Much appreciated!

  33. Done by Forty says

    We never buy books anymore. It’s library or bust for us. But decided that yours would be the exception.

    You have a high bar to clear: your book has to make us at least eleven bucks just to break even. Don’t let us down.

    • jlcollinsnh says

      See, if you had read my post more closely, you would have seen I recommend getting it from the library.

      Your lost eleven bucks ain’t on me! 🙂 🙂

      • jlcollinsnh says

        Only if I get a cut of all the money following my advice is going to make you, DbF. I figure 25% is fair.

        I’ll expect your check for $1.36 shortly….

  34. Steel says

    Congratulations, JL! Gonna go purchase this now. Hope you are able to get your Q&A section up and running again real soon. I’m so excited to start and I wanna make sure I do this right. God bless.

    • jlcollinsnh says

      Thanks Steel!

      Hope you enjoy it.

      I have to figure out what I’m going to do with the Ask JLCollins feature, but most answers are in the book and/or Stock Series.

      At the end of that post you’ll see a link to a live Q&A I’m doing tomorrow if you want to ask a question or two then…

  35. Jillena says

    Do you have information somewhere here on the blog or in the book on a path to moving IRAs that are in a managed fund over to Vanguard? I’ve opened a VTSAX and am seeing how expensive my IRAs that are held elsewhere are. I have no idea how the transfer should be done. Thanks for any info on that.

    • jlcollinsnh says

      Just give Vanguard a call, tell them what you have and where, tell them you want to move it to Vanguard and to which funds, and they’ll walk you thru it.

  36. Michael says

    I bought a copy of your book off Amazon.

    I just want you to know that I have always enjoyed your blog. Your content was always top notch and free of charge. My favorite post was probably the one on FU money.

    Thank you for providing me hours of entertainment and free resources that I could always use in my classroom.

    • jlcollinsnh says

      Thanks Michael…

      …I appreciate the sale and hope you enjoy the book.

      But I am especially please to hear you share the message with your students. Thanks!

  37. Annabelle says

    Hi JL

    I’d love to have you guest on Future², our podcast on enterprise innovation, speaking with Steve Glaveski about The Simple Path to Wealth.

    Our podcast, which you can find out more about at FutureSquared.xyz, is relatively new but we’re already hitting the iTunes top 20 Business and number one Business News (below) and have interviewed the likes of Steve Blank, Whitney Johnson, Ted Rubin and have lined up the likes of Steven Kotler, Neil Patel, Rand Fishkin and Evangelos Simoudis in the coming weeks.

    We have a large database of corporate contacts in the Australia region who we distribute our show to every week.

    If interested, please let me know what kind of availability and any questions you might have, and we can go from there.

    Regards

  38. wendy says

    Woot!
    Thanks for putting out the book! Even though you have most of it on your blog, it is *So Nice* to have it in physical paper form:
    -no internet or electricity required
    -easier to pencil in remarks
    -convenient way to smack yourself in the face (a la MMM) if you do something stupid

    I shared a link to your blog post on my LinkedIn feed/updates (188 views & counting) and a 5 star book rating on Amazon….

    And I am probably the millionth person to say I wish I had known all this before now (45yrs old) but thank you! Between you and MMM, I’ve completely changed my spending and lifestyle since February and have A Plan in place.

    Best of luck and please keep blogging/writing-
    Cheers
    wendy

    • jlcollinsnh says

      Thanks for your kind words, Wendy…

      and especially for passing in on in your link and the 5-star review. Love those 5-star reviews!

      It has been interesting: sales of the print version are running about 2/1 to the Kindle, the opposite of what I would have expected. Maybe you’ve nailed the reasons…. 🙂

      • wendy says

        I just bought two more copies as gifts…one for a newly graduated coworker just starting out (she’s already on the path – she’s buying a bike this weekend to commute with!) and a wedding gift for a 30something
        Passing along the word!

        Cheers!

  39. Jeff says

    Awesome book Jim, found about you on mike and Lauren on you tube. Read your blog and bought the book as soon as I could read it in one day! I am semi retired now and lots of free time to read all about F I .

    Thanks and best of luck to your book!

    • jlcollinsnh says

      Thanks Jeff…

      …glad you enjoyed it and it held your attention.

      If you are willing to give it a 5-Star review, do me a favor and head on over to Amazon and put it up. 🙂

  40. Walli says

    Congratulations on your book. I discovered your blog earlier this year but having the book in paper form is great! I am 33 and wish I had discovered this information 10 years ago. The lessons you teach and the examples you share make complex concepts so simple. I purchased on Amazon and may purchase a couple additional copies to pass on as gifts. It’s too important not to share.

    • jlcollinsnh says

      Thanks Walli…

      …at least you found it at 33 rather than 43. 😉

      Do me a favor? If you think it deserves a 5-star review please put one up on Amazon. 🙂

  41. Poppy says

    Despite how much I love reading your blog, I still never thought I’d describe an investment book as a “gripping read”. But, yours was. I finished it in a single sitting last weekend and I plan to buy copies for the early 20’s staff at my office. I only wish it had existed 15 years ago for me! It does now though and there are (hopefully!) still plenty of wealth building years ahead. I’m so grateful for your advice, as well as the proud new owner of VTSAX. Thank you!

    • jlcollinsnh says

      Thank you Poppy…

      …you made my evening!

      I appreciate the kind words and that you will be sharing the book with your staff.

      I hope to see this up on Amazon as a review!

  42. Frank says

    Hi Jim,
    I finished the book a few days ago. It is great work, not only the content but also the style that makes it very entertaining. Not that easy to get hooked in a plane in the middle of the summer!

    Here is a topic that I’d love your view on: you seem to think that in the wealth preservation stage it is convenient to diversify into bonds to smoothen the ride. However, would you also think the same in the context of reaching that stage relatively early in life – let’s say mid 40s? I.e. With potentially several decades of investing (hopefully!) ahead of you?

    Or wouldn’t you instead keep your invested wealth 100% stocks and a cash buffer to be able to buy more stocks during downturns?

    Congrats for the great work and thanks for sharing it.

    • jlcollinsnh says

      Thanks Frank…

      …glad you liked it!

      Basically, to smooth the ride you use:

      1. The new cash you are investing in VTSAX from your earned income while you are working, or…

      2. Bonds once you stop working and no longer have earned income.

      For more, read chapter 14 on Asset Allocation.

  43. Aperture says

    Congratulations on this achievement!!! Ordered a copy – can’t wait to read. Thanks for all your efforts to share such valuable wisdom. Looking forward to seeing you in Ecuador in November.

    • jlcollinsnh says

      Thanks Aperture…

      Hope you enjoy the book.

      Be sure to let me know who you are when we meet at Chautauqua!

    • jlcollinsnh says

      Ha!

      Awesome post DbyF…

      Plus, it came in just as I’m working on my next post featuring some of the best reviews. Yours even gave me the ideal quote to end with:

      “I’ll spare you another positive review trying to convince you of its merits, or why you should buy it. Not my job, pal.

      “If you’re too cheap to spend eleven bucks on the one book that will finally make you rich and happy, then don’t come crying to me in six months when you find yourself destitute, friendless, eating cold pork-n-beans out of a can at the public library, and creeping everyone out.

      “These are your choices, Bean Can McGee. You just have to live with the consequences.”

      Love it!

  44. Lauren says

    Just purchased the Kindle edition of the book & can’t wait to read it! I’m 40 something & brand spanking new to the FI ways of the world (better late than never). I somehow stumbled across the Mad Fientist’s podcasts when looking for something to listen to while working on listing my items to sell on eBay. I started with his first podcast & that is where I heard you speak. Loved the interview & the information & have heard your name & you pop up on other podcasts ever since. You’ve taught me more over the past couple of weeks about investing than I have learned in my past 40 some years of life. Can’t waist to gain even more insight from the book. Will definitely be sharing it with my 18 & 21 year old boys. Thanks so much for sharing all of your knowledge & experience in such an easy to understand way.

      • Lauren says

        Oh yes, I love Scavenger Life & totally forgot that I had heard Jay interview you on their podcast too ~ in fact, that’s probably actually where I first heard of you. Your name just keeps popping up everywhere I go on the web 🙂

          • Lauren says

            Why yes I did 🙂 Loved it. That was a great idea. I’ve listened to every single one of their podcasts. Only wish they put them out more frequently. I think I’m getting more of an education listening to podcasts while listing on eBay than got attending college!!!

  45. FIRECracker says

    Hi Jim!

    Fellow early retiree and FI-er here! I’m a regular reader of your blog and I love your investment series and your “Why your house is a terrible investment” post.

    Congrats on publishing your book! I’m a children’s author so I can absolutely relate to the joy of sending your little book baby out into the world 🙂 Kudos to you for having the dedication and stamina for finishing a book. It’s definitely not easy.
    But having lots of rabid fans definitely makes it worth it…like Done by Forty and GoCurryCracker…who loved your book and recommend it, so I had to buy it!

    I’ll be travelling around the world for the next few months, so I’m really looking forward to reading it on my flights.

    Congrats on becoming a newly minted author! Well done!

    • jlcollinsnh says

      Hi FIRE-C…

      and welcome! Thanks for the kind words.

      I think maybe the task of writing and publishing a book is one only those who have done it can appreciate. I know until I went thru the process I had no clue!

      Where will your travels take you?

      • FIRECracker says

        I’m heading to Japan for a month…followed by South Korea, Vietnam, Cambodia, and Thailand. After hubby and I retired, we travelled around Europe and Southeast Asia and now we can’t get enough. I never want to stop travelling!

        • Daniel Steve Villarreal, Ph.D. says

          We Americans think that Taiwan and Thailand are the same place!
          🙂
          Greetings from Taipei, Taiwan-slash-“Thailand!” ha ha ha

          Dan V

    • jlcollinsnh says

      Holy smokes!

      I just popped over to your site and watched your video:

      http://www.millennial-revolution.com

      Bloody awesome!

      And this is one boomer who absolutely agrees with you.

      I can’t speak for what all millennials are like, and since those I meet are filtered either thru this blog or are my daughters friends, they might be exceptions. But my impression is yours is, as you say, a very impressive generation.

      There is now a link to the video at the end of this post.

      I also put it on FB, and I almost never post there.
      I

  46. Damien says

    Congratulations on publishing the book! I bought my copy and started reading it. I am working the plan to be FI by 2030! I should be 45 years old, it doesn’t mean that I will stop working but it will provide us with flexibility. I have also been enjoying all your interviews about the book on the different podcasts (afford anything, so money, mad fientist.

    Cheers!

    • jlcollinsnh says

      Thanks Damien…

      and congrats on the early start!

      Glad you enjoyed the interviews and hope you like the book!

  47. Lesa says

    OMG dude! ( presuming you can ascertain where I am writing this from) Your book is complete utility in the most significant ways. Thank you for sharing the value.

    • jlcollinsnh says

      Hi Lesa…

      I’m afraid I am at a loss as to where you are writing from, but I am delighted you’ve enjoyed and found value in the book! 🙂

      • Lesa says

        Jim
        I did fail to put some kind of indication that my opening line was more of an idiom denoting that am in California. ( I approach life with healthy doses of humor )
        As soon as I finished your book, I was so motivated to comment via knee jerk response of the proverbial pen , that I was rash in elaborating on how much I enjoyed the effort, delivery, experience and wisdom that you put forth in this book. My suggestion is that everyone give this a read.
        Best wishes and sincerest regards
        Lesa

  48. Investment Hunting says

    I bought the book yesterday and just finished reading it today. Gotta love Amazon Prime. I live close to an Amazon DC, so my stuff comes next day. Anyway, it’s a great read. I really enjoyed learning more about you and your family and of course your investing methodologies. I just ordered a copy for my daughter, who’s away at college. I want her to start investing as young as possible, and since she won’t listen to my advice maybe she’ll take yours ;-).

  49. Tom L. says

    Jim,

    Long time since I have posted but looking forward to your reading your book. I’m typically the guy that heads to library to get these things but you deserve the recognition and reward! Least I can do for all the advice you have provided on this blog regarding all aspects of life for the last few years. Can’t wait to put it on my living room table as well and have all my 20-something year old friends ask – will this book make me rich? 🙂

    Have a great summer.
    -Tom

    • jlcollinsnh says

      Thanks, Tom!

      Personally, I’d get it from the library first to check out just to be sure. 😉

  50. Lauren says

    Hi Jim,

    My name is Lauren, and I’m an acquisitions assistant at Tantor Media in Old Saybrook, CT. We’re an independent audio book publisher, and were wondering if you might be interested in producing an audio adaptation for The Simple Path to Wealth. I don’t want to clog up your comments section with details here, but if you’re interested, please send me an email and we can discuss from there. Thank you!

  51. Amy says

    Hello Jim,
    I ordered and received your book. I finished it in three days. It’s the best book I read on retirement saving and planning. I plan on giving a copy to my recently college grad daughters. One of mine is currently in the Peace Corps too, in SE Asia.
    Question. How do you recommend factoring in pensions to our overall plan? Just as a component of our total amount needed to cover expenses? Our plan is to quit our stressful jobs in about 2 years– mid 50s considered early by many standards.
    Thx!

  52. Medelene says

    Hi!

    Thank you so much for all the info you provide here. a friend of mine recommended I read your website/book if I want to get ahead of my peers with retirement. I currently have a Roth IRA I opened with Scottrade a few years ago. Do you recommend keeping my portfolio here or transferring it over to Vanguard? As of right now, it’s a very small portfolio, so I imagine it may not be too problematic to transfer it over.

    Thanks!

    • jlcollinsnh says

      Welcome Medelene..

      As you continue reading the blog and book, you’ll learn Vanguard is the only finacial firm I reccomend and I personally hold all my investments with them.

      One of the nice things about a Roth is that you can move it tax and penalty free anytime you chose.

  53. Daniel Steve Villarreal, Ph.D. says

    What’s this movie? I’d love to find it and watch the whole thing–thanks!
    BTW, I did my own version of what the character in the movie advises the young guy to do. I worked for a psycho. He paid well, but he is a damn psycho who couldn’t keep decent help. Tended to hire us overeducated folks because of our credentials and then mismanage, micromanage, speak abusively, etc. I put up with his excreta until I had a decent pile of $ and one evening during a Facebook chat (me, him, and the other guy working with him at the time–one of the few that for whatever reason never walked on the guy), he got kind of insulting. I posted the You Tube video of “Take This Job and Shove It” as my resignation. Goodbye.

  54. Kadin says

    Hi, book seems great so far (about 40% in just got it today). I have a decent amount of money saved in the bank that is only really growing by me putting more in, keen to invest somewhere but trying to pick shared always scared me – these index funds sound great.

    One question if you don’t mind, do you think people outside USA should invest in the american vanguard (if possible) or local index funds (I live in Australia). Guessing trying to invest in the USA one will have tax implications and you are also betting on exchange rates too, plus extra cost of exchanging currency? But it seems like it fits more with the index style where you have all the massive american companies which arguably rule the world, where as on the asx they are more local?
    Thanks,
    Kadin.

  55. Dwayne says

    Jim,
    Just finished your book…really enjoyed the down to earth style and helpful information. I’m a believer!
    I just sent my son an urgent note to download it and read it asap. He is 26 and at the perfect age/time to take advantage of the same advice you’ve given your daughter.
    Thank you for taking the time to write this book and share these valuable lessons and ideas.
    -Dwayne

    • jlcollinsnh says

      Thanks Dwayne…

      …I appreciate the kind words!

      Hope your son reads, enjoys and benefits from it.

      If you think it deserves it, please leave a 5-Star review on Amazon. Thanks!

          • Dwayne says

            Update: my son has read the book and he’s now a believer!
            He’s been on Bogleheads to figure out how to structure his 401k as close to your mix reco as possible.
            He’s also had a meeting at work with a financial advisor who was completely surprised when this young millennial started talking about index funds and fees etc…
            He is so motivated now to save and to save and invest the right way…thank you.
            BTW…I reco your book on a regular basis to anyone who will listen…

          • jlcollinsnh says

            That’s great news, Dwayne…

            Thanks for letting me know. You made my day!

            Tell him to be careful around those advisor-types. 🙂

  56. Hannah says

    Dear Mr Collins, I was pleased to recommend your book to my library, and even more pleased when it appeared on their shelves. I read it and I love it. “The path” is not only simple, but also well-explained. Furthermore it was a treat to read your writing. Thank you.

    • jlcollinsnh says

      Thanks Hannah…

      I love the idea of my book being in libraries!

      and I appreciate the kind words.

      If you haven’t already, and you are so inclined, making your comment above into a 5-star review on Amazon would be wonderful. Thanks!

  57. Barb Wittmer says

    Mr Collins,
    I am only about half way through your book but am enjoying it. I am also very reassured by it since all my investments are with Vanguard. I am currently in VTSAX, VTIAX, VTABX and VBTLX. I had been investing for years and had a good nest egg started when I transferred my funds to Vanguard. My question is, and perhaps you answer this later in the book, but how does a young person come up with the $10,000 minimum required to open the VTSAX? Is there a fund with a lower minimum available to save their money in prior to the time it becomes 10K? What are your suggestions? Thanks in advance for your response.

  58. Drharhar says

    hey, i stumbled upon your blog and book via MMM and I love it. All my life I thought I was just going to save everything and then hope I had enough to live on when I hit 65. Now I see the path and it is simple. I’m teetering on the edge of buying it for all my siblings.
    Anyway enough praise.
    I am missing something. I know you must have covered it, but I must keep overlooking it: where do you keep the extra saved money? If I max out my IRAs (5000$) and I want to keep saving and by VTSAX, where do I put the other money? I don’t have access to a 401k. I’m assuming a money market account…?

  59. Dan says

    I bought both the audio version and the print book from amazon. The audio references a downloadable .pdf, but I cannot seem to find it. Am I overlooking something obvious? Could you please help me locate the pdf or send me a link?

  60. Anna P says

    Hi Mr. Collins,

    Thoroughly enjoying your book! I listen to it on my walk to and from clinics everyday. I am a veterinary student soon to graduate and unfortunately with debt. Fortunately though, this book is a terrific resource and I have already begun planning how to tackle this with your advice. Thanks for keeping it simple!

    I was wondering, where do I find the pdf that goes along with the audiobook? I believe you refer to a pdf that has details/lists/outlines of various topics you discuss.

    Thank you. Your words will tremendously help many people.

    Best,
    Anna

    • Audible Support says

      Hi Anna,

      If you are having trouble accessing the PDF directly from the product page, you can go to your library here: http://www.audible.com/lib

      Once there, click on the PDF link located below the book title. This will give you a dialog box to Open, Save, or Save as.

      If you need assistance with anything else, feel free to reach out to us at social-support@audible.com ^DB

  61. jlcollinsnh says

    Hi Anna & Dan…

    I checked with my Audible contact and he says:

    “Anyone who has purchased the book will be able to download the PDF at any time from the product page on the website. I do apologize for any inconvenience that this may have caused. We are currently working on getting it resolved.”

    When I asked for clarification, he said the download is not yet available, but they are working on it. So, give it some time and try again.

    Thanks for bringing this to my attention!

    • Ryan R says

      Hi there!

      First off, loving the audiobook! I have recommended it already to many friends and family members! Nicely captured advice backed by hard to dispute data.

      I noticed the downloadable PDF through Audible appears to have incorrect formatting (text is large, shifted to the right, doesn’t seem to be the appropriate material for what I would expect). Also, missing information. A specific example is in chapter 12, at the end of stage 6, the audiobook references to look at a two yield graphs in the PDF, these graphs I do not see in the PDF. While listening to the audiobook, I was reading along in the Kindle version, this was page 101 where it refers to these yields graphs, in the Kindle version, the graphs are shown. These are the graphs I was expecting to see in the PDF. Would you kindly advise? I have reached out to Audible several times, with no one on their side seemingly looking to help correct this.

      • jlcollinsnh says

        Glad you like it, Ryan!

        Thanks for bringing the problem to my attention. I’ve passed it on to my agent who will bring it up with Audible.

  62. Jaclyn says

    I am Canadian. Will your advice translate into our financial market?
    Or do you have some recommendations for books that are similar to yours written for the Canadian market?
    Let me know at your earliest convenience.
    Thank you.

  63. David Rudge says

    Dear Mr. Collins,

    In the book you discuss how to reduce the tax burden associated with required minimal distributions (RMD) by systematically converting funds in an IRA account. The basic idea is that starting at age 59 1/2 you figure out how much additional you could earn and remain within your current tax bracket (e.g. 12%). You then convert that amount from the IRA into a Roth IRA and pay taxes separately. This seems like a very prudent strategy if you anticipate your income will increase once you start taking RMDs. My question is whether and to what extent you are including opportunity costs in this calculation? Let’s say for example that you anticipate you could earn an extra $25K and as such will owe an additional $3K in taxes. Is the idea that if you compare the amount of money that $3K could earn if it were invested outside of a retirement account with the amount of savings from taxes (12% vs. 22% (or some higher rate)) the rate of return from paying less taxes would be greater?

      • David Rudge says

        Thanks for your reply. I apologize if I wasn’t clear. I’m 56 years old and thinking seriously about converting some of the money I have in a 403b account into a Roth IRA. In your book you mention that on a yearly basis you are converting funds from an IRA account into a Roth IRA, and that the precise amount is determined with reference to your tax bracket, which you identify as 15%. You point out that by doing so, you will pay lower taxes now on your required minimum distributions, because you anticipate the RMD will be higher than your current income and you want to lock in the lower tax rate. So my question is whether you have considered this from the standpoint of opportunity costs. Each year you will be spending some additional money to pay taxes to cover the yearly tax burden of doing the Roth IRA conversion. But this money could have been invested instead of being used to pay taxes. Is the idea that the benefit of paying taxes at a lower rate (15% vs the 22+% rate you would otherwise have to pay when you start having to do RMDs) will probably result in a better return than if you had simply invested this money?

        • jlcollinsnh says

          Thanks David…

          I think I’ve got it.

          The only thing that matters, is whether your tax rate will be higher or lower than now in the future. Obviously, this is very tough to call. Your future income could be higher or lower. Congress could change the tax brackets. So by converting now and paying the 15% in tax, the bet is the future rate will be the same or higher.

          If it is higher, that’s a win. If the same, it is the same.

          15% now or 15% later after growth is exactly the same (associative property of multiplication.)

          Example:

          You convert $100k and pay $15k in tax. The remaining $85k doubles over the next 10 years to $170k

          You let the $100k grow and it doubles over the next 10 years to $200k. RMD forces you to withdraw all of it at 15% tax rate. You pay $30k in tax and have $170k remaining.

          Of course, if the rate has gone to 20%, you pay $40k in tax and have only $160k left.

          Make sense?

  64. Phan Công Chính says

    Dear Mr Collins,

    My name is Chính, working for Sputnik Education JSC, from Vietnam.

    As Sputnik Education is currently on of the most prestigious book publishers in Vietnam regarding educational books, we want to bring the best books to Vietnamese readers, helping them to approach wonderful books from other languages and regions as well.

    And you and your The Simple Path to Wealth always lie in the must-read books recommended and reviewed by many Vietnamese book reviewers who can read in English. However, a lot of readers who really like the idea of The Simple Path to Wealth can not obtain the principles of the book due to language barriers. That is why we have received so many requests to buy the rights to translate and publish the book in Vietnam.

    We really hope to be allowed to publish a Vietnamese version of the book, under your allowance.

    Looking forward to your response,
    Thank you and best regards,

    • jlcollinsnh says

      Hi Chinh…

      Thank you for your very kind words and interest.

      I will pass your contact information on to my agent.

      Best,

      JL Collins

  65. Donna Harris says

    I teach at the College of Veterinary Medicine at Michigan State University. I would like to talk to someone about purchasing the book in bulk and any other options you have for supplementing a “book club” type event we are planning.

  66. Daniel Steve Villarreal, Ph.D. says

    How can I get an author-autographed copy?
    Thanks and Happy Chinese New Year!

    Greetings from Taipei, Taiwan.

    Dan V

  67. Ted Spero says

    Mr. Collins,

    I am a vice president of a large credit union in Orlando, FL. Since we’re a not-for-profit financial cooperative owned by our members, we’re very committed to our members saving more, eliminating debt, building wealth, and living generously, which is somewhat counterintuitive compared to a typical for-profit bank. I was impressed with your blog and book, and I was interested to speak with you about booking a 60 minute talk regarding topics from your book with my team at our corporate campus in Orlando, FL, similar to the Google talk you previously conducted which is linked on your web site.

  68. Daniel Steve Villarreal, Ph.D. says

    Mr. Collins–or anybody–I am not able to be a Boglehead because Vanguard won’t let an American with no US address invest (thank you, FATCA! Thank you, US Government!). But I digress.

    The VTSAX & VBTLX that you mention in the video: do you know of comparable investments, maybe with Schwab, etc., that allow expats to invest?

    Thanks!

    Dan V
    Taipei, Taiwan

  69. Lynn says

    Hello Mr Collins,

    My name is Lynn, from the Copyright Department at Eurasian Publishing Group in Taiwan.

    A colleague of mine had come across your work The Simple Path to Wealth and would like to know who we should talk to regarding the copyright for Taiwan? Or if that’s something we can discuss directly with you.

    Look forward to hear back from you.

    Thank you very much

    BR, Lynn

  70. Thu Le says

    Hello Mr Collins,

    My name is Thu, from a renowned Vietnamese publisher. We are interested in THE SIMPLE PATH TO WEALTH and would like to be connected with the person handling the copyright for Vietnam to further discuss the possibility of translating and publishing the book in country. Could you please write back to me? Thank you very much.

    Best,
    Thu

  71. Megan says

    Hello Mr.Collins, 
    I just started reading your book – ‘simple path to wealth’. The only thing I can think of, while reading it, is why am I starting so late. I have been working for 12 years, with a good paying job. I always lived below my means but I could have done better, a lot better. I am 40 now and realization that I wasted so many productive years is kicking in. 

    I just started reading your book, at several places, like on page 35, you mention about annual income/monthly income and how much to save; I have a question here, are you referring to gross income or net income when you say “annual income” or “monthly income”?
    In all the retirement calculators or “how much money do I need” type of calculators, when they ask for income, are they referring to gross or net income? My gross and net incomes are very different so I want to be sure.

    There is so much information and so much to learn. I wish to read all your books and all the information mentioned on your site. Should I invest after reading your book or should I wait until I read them all?

    Also, what are your thoughts about investing in real-estate? You mention that any debt is bad and I could not agree more but buying another house for investment purposes means more debt. So would you recommend it?

    Regards, 
    Megan

  72. David Rudge says

    Have you ever considered using a partial annuity in place of bonds in your recommendation for portfolio asset allocation during the wealth preservation stage? I’m thinking in particular of a situation where an individual works until the point at which she is eligible for Social Security and has a precise figure in mind for how much in addition to SS she will need per month to account for all of her anticipated expenses. A partial annuity could provide peace of mind that, no matter what happens in the stock market, all of her living expenses will be taken care of. This would allow the balance of her portfolio to remain 100% in stocks, with the idea that when she has to take out RMDs, this is money that could be reinvested in the stock market if the sale coincided with a market downturn.

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