The Military Millionaire Podcast
Business:Investing
Episode: 167
JL CollinsJoin your host David Pere and Alex Felice in this episode with guest JL Collins as they talk about how investing in index funds reward those who are disinterested and don’t want to put in too much effort in investing.
When the topic on fast investing and market volatility was discussed, JL used a mug of beer as an analogy to illustrate index funds and investing in assets that quickly dissipates after a hype dies down. His analogy raises the question: “How much of your portfolio is beer and how much is foam?”
In this episode, JL helps us easily understand the self-cleansing properties of index funds, why index funds are simply the most powerful way to invest, and an overview of The Simple Path to Wealth and why the effortless investor loves it.
About JL Collins:JL is the author of The Simple Path to Wealth. It has sold over 400,000 copies and has been published in Korean, Japanese and German. Deals are signed to publish it in China, Taiwan, Vietnam, Thailand, Russia, Poland, Spain, Brazil and in Arabic.
His second book, How I Lost Money in Real Estate Before it was Fashionable, is due out in October 2021.
JL and his wife Jane have been married since 1982. Their daughter Jessica graduated Summa Cum Laude from the University of Rhode Island, served in the Philippines with the Peace Corp and is well established in her business career.
JL’s blog, as with everything he does, is dedicated to them.
Outline of the episode:Sponsor:
Get connected to our recommended real estate professionals: https://www.frommilitarytomillionaire.com/va-realtor/
- Resources:Website: https://jlcollinsnh.com/
The Simple Path to Wealth: Your Road Map to Financial Independence and A Rich, Free Life, Book by JL Collins:
https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926
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Become A War Room Mastermind Group Member:
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Grab your book copy of The No B.S. Guide to Military Life - How to Build Wealth, Get Promoted, and Achieve Greatness, Book by David Pere:
https://www.amazon.com/B-S-Guide-Military-Life-greatness/dp/1736753010
From Zero to One: Real Estate Investing for Beginners:
https://military-millionaire-academy.teachable.com/p/from-zero-to-one-real-estate-investing-101
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Sponsor:
Get connected to our recommended real estate professionals: https://www.frommilitarytomillionaire.com/va-realtor/
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Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei
Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/
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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.
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