Thanks for showering us with a simple and unique way of investing. Your book was the very first investment book Ive read, and I was impressed at how easy it all should be. While I know nothing about investing options in other countries, the principles are the same: Keep it simple, broad based and low cost. We want to help our fellow students be prepared for the future. The idea that the U.S will default on its debt. I tried the retirement thing about 15 years ago,when I was in my late 30s. Here is a review I wrote recently: First time reader of your blog and already a huge fan! Stocks -- Part X: What if Vanguard gets Nuked? You have a simple concept and explain it very well. No sense in reinvesting only to withdraw. Hi JL Calculations with pencil and paper, a lot of muttering and scribbling, finally the realization, yes, this is possible, we can do this today! Or is it more likely to go down? Well, the market goes up three out of four years. Thanks for writing. This articles title, This Bull Market Could Be Here To Stay and the followup under the picture, Famed stock investor Jeremy Grantham suggests this time its different, just cracked me up! Congratulations to JL Collins. 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). Exciting! Thanks for keeping it simple and safe for people like our Fire fighters. And I may have forgotten one or two. The historical rule of thumb suggests a portfolio mix of 60/40 percent stocks and bonds by asset allocation offers the best route for appreciation while still allowing room for protection during a downturn. Now corrected. Now hes looking forward to grabbing ahold a future of abundant freedom. Hope you enjoy poking around. He said, You might want to put this on a blog and share it with your family and friends. This was in 2011. Thanks for everything. ! Man, oh man. Our main goal is to educate and help the generation Z grow to invest, save, budget, and earn more efficiently. 2) Does VSTAX somehow lead to investments in pornography? Is there a way to email you directly because I wanted to share with you a story regarding the impact of your book with my oldest son who is currently a high school senior about to go to college. I was looking at VSTAX on the vanguard site, and see that it shows a minimum investment of $10,000. If so, please kindly let me know if we could receive PDF or reading copy by email for the publishers review and we will get back to you with their feedback. Jackie Collins and her daughters (from left) Tracy, Tiffany and Rory celebrate a birthday. Jim though Im really just starting on the path to FI, your work has been supremely empowering and gives me hope there IS a path thank you! COLLINS. This advisor put us into American Funds. You can't become wealthy if you spend every dime that comes into your possession. With that in mind. So, let's say, to make the math easy, you have $120,000 that your rich uncle has left you. Ive have listened to your book twice (We road trip a lot) and have taken extensive notes. Ask him bout the exploding rocks. As for other resources, Ive not done a post but you will find a blogroll in the left-hand column. its a difference of $16,639.08 per year ( $1,386.59 per month). we decided NO WAY! Just to close, I wanted to get back to your Simple Path to Wealth. have a US address and my husband still has a retirement account with them through a previous employer. So, I've now forgotten your question, Jeff. Ive passed your contact info on to my agent. But right now, I am not sure, what this conditions x,y,z could be. Now you are asking me to tell you what to do. Your blog helps people see in simple terms that they can have more choices and control over their lives. First, congratulations on getting out of nasty relationship. Sailboat and disappear to South Pacific? I think if people have been listening, they've concluded buy total stock market index, add bonds as you go along, avoid homeownership. This is my main fear at the moment. Please, give me a respond if you are interested in it. Would this be a good option, rather than trying to do it myself? Do you work with an agent or we could discuss our proposal directly with you? Most of these are industries I dont feel comfortable supporting, even though I have been by owning so much VTSAX. Be sure to read the comments, too. Summary. For any of you interested, heres what I sent Mike: http://27goodthings.com/2013/07/01/james-collins/. But that's taking it a little bit out of context, because houses in California are in a different location than houses in Tennessee, and stocks in the U.S. are in a different neighborhood than stocks in the rest of the world. Were raising our seed round; please, read about it here: https://startengine.com/learnt. However the downside is what we are seeing now. I was a case study of yours, #11 I think, a small business owner, back around 2015 or so. Could you please advise if the Chinese translation rights are handled by you directly and is still available? I am not sure, if I make some mistake in this line of thought. Ive also started my own side hustle thats a personal finance workshop. Ive taken Mr Andrew Hallams advice and Ive invested in VXC, VCN and VUN. Please email me on my email below. Collins recalls a time when his daughter was eight years old and she asked him if they were poor after watching the news showing people standing in a bread line. Perhaps you could ask them for a bulk discount? I reread the posts and still cant decide what to allocate! What types of bonds? Kind of disturbing for those of us who invest at Vanguard. At least Ill then have my 1200. I love how you break everything down and make it super easy for me to understand. I fell for all the JK Collins wealth marketing for years. Should I keep it with Fidelity or would it be better (or even possible) to move that over to Vanguard? Im a moderator for Reddits financial independence/early retirement subreddit, where I go by ER10years_throwaway. I haven't owned an individual stock probably since 2013, 2014, something like that. I think I have the explanation! S&P 500 ETF 1. Since Im thinking to publish/submit to a contest/do something that will put it for public ridicule/scrutiny the story he appears, I thought it best to ask for your permission. Stocks -- Part IV: The Big Ugly Event, Deflation and a bit on Inflation. It was more a slow, gradual education and understanding. But it is only 6% of your portfolio, so no harm in holding it if you like. So, that's a new expense and tends to be a big one. PROSPECTIVE SURVIVOR PER YEAR $ 28,021.44, 2. Please let me know it this is a similar index! Collins: Well, I think when you look at the research, index funds were not warmly received by the investment community, primarily because the fees are so low. Loved your book! Regrettably, I cant go it alone. And there's nothing wrong with indulgences. Thanks! Ive been mostly learning the hard way over the past twenty years. also What is your take on goldmoney.com? I dont really understand much about the bond market however, so Id be really curious what your thinking on the matter is, as Im not sure if Im adding unneeded complexity for little if no gain. I have read articles and most say to just use the regular funds (one reason is the intrinsic value of stocks). I am very impressed by your blog and especially your willingness to extend yourself to learners and correspondents via the comments section. Neither of our parents were financially savvy and therefore, we have always been intimidated. Please reach out if you would be interested. I have an odd question and was wondering if you would be able to maybe send me and my team the stock series books or just the The Simple Path to Wealth? Small (or large or value or growth) stocks have outperformed your stupid VTSAX.. "The Alfred Hitchcock Path to FI," by JL Collins, jlcollinsnh.com, May 5, 2021. And, of course, the media is going to focus on those and it's going to sound like, Wow, if only I'd gotten into that meme stock, I would have made a lot of money. I mentioned earlier that I'm in Las Vegas at the moment. I love the content here on the site and am buying your book this afternoon. I too worked in the publishing/advertising game, now in real estate. I guess I make one, hence otherwise one would read more about this topic. = $1255 = 19.73%. Are there any columnists, authors, thinkers who you especially appreciate? I have followed your advice and suggestions, am living in Mexico and enjoying it. And so, one of the problems for me at least with embracing indexing is it's not like what I was doing wasn't working. Or Prague by itself. So, they're kind of high-fliers. This blog, as with everything I do, is dedicated to them. Anyhow, do you think its OK to borrow for school tuition as its an investment and I dont want to cash in my investments. Well, you are here now, and I have 220 notes of advice to process and implement. Thanks for writing your book! Thank you, My situation is unique in that Im a South African living in Vietnam and as such I trade on a Singaporean platform. JL A suggestion, though: date your posts so its clear when they were written and thus their relevance to current market conditions, for example. Plus, since they are bought and sold like stocks, they often have trading costs associated with them. Buy in all at once? If you still decide to go the ethical investing route, you might ask for suggestions in the comments on this post: https://jlcollinsnh.com/2014/01/27/stocks-part-xxi-investing-with-vanguard-for-europeans/. I cannot imagine doing the same to one of my patients. Its kinda buried. Dan Otter and Scott Dauenhauer: Why Retirement Savings Options for Educators Are So Bad, Stocks--Part XV: Target Retirement Funds, the Simplest Path to Wealth of All. Monday of this week, I started researching, I knew we had made huge mistakes with letting our money sit in bonds, I met with 2 financial planners and did hours of research on what they had told me. I would lose the F-You money. I'm excited, thanks. Your ad carreer must have given you even more sins to atone for than mine. And when you say -definitely inspired by you and your blog- is this character supposed to be me? If you wanted to add international to your VTSAX/VTI holding you could use this. Jim, great site. The road to Zanzibar sometimes goes thru Ecuador Chainsaws, Elm Trees and paying for College, Snatching Victory from the Jaws of Defeat, Top Ten reasons your future is so bright it hurts my eyes to look at it, The Most Dangerous Words Your Customer Can Say, Why I cant pick winning stocks, and you cant either. Given this, and also that I have about $30K to invest, do you think this is a good time to buy the VTSAX fund? When you inherit a some of money like $100,000, how should one invest it? INCOME: Currently spinning out of control busy, refining the business model to keep up with demand. This week i read you book and loved. This would save on capital gains but would continue to frustrate me. Hi:) Is it possible to contact you somehow? A left-over 401k has access to a BlackRock index fund that that seeks to match the performance of the Dow Jones U.S. Total Stock Market Index with an expense ratio of only 0.0146%. Interesting question. Then we learned that if we invested a certain dollar amount with American, we would pay no sales charges. . Not much more to say on those topics that is not in the book. Your message about index funds needs to be taught in every high school and college in America. I did a bit of research on the different funds offered by Vanguard. Most of us are paycheck to paycheck. Glad the book has helped. Thanks JL! So, as Jack Bogle once said, performance comes and goes, but fees are forever. Did US also start this way actively managed funds beating Index and then fading away? Our editor is intereted in your work The Simple Path to Wealth. Here in Brazil, this plan could help many otheres. My name is Robin Poon and I am editor of a publication called Investors Digest of Canada. Part 2 of the Stock Series discussion with JL Collins, author of The Simple Path to Wealth and the website JLCollinsNH; we discuss the Great Depression and t. condition of Mr. Albert Jones, who has be-n ill with fever. Our daughter was born in 1992. I am reading your book and plan on purchasing a few to give to my adult kids. But probably the biggest one is that it took me so long to embrace indexing. It was just the reason du jure. For more see: https://jlcollinsnh.com/2015/06/02/stocks-part-viii-the-401k-403b-tsp-ira-roth-buckets/. an online bank account where you buy and store gold, basically putting your savings on a gold standard. A Guided Meditation for When the Stock Market Is Dropping, 7 Days in Heaven: or Why Slowing Down Will Get You There Sooner, Chautauqua 2019 - UK & Portugal - Tickets Now Available, Car Talk: An update on Steve and looking at Leafs. Please give me 5 mins and let me tell you my story, and where I am in life. Ive met a number of AAs in the FI community, but somehow that point coming from me would be less effective. However . And finally, I decided I better write it down against the day that she would be ready to receive it if I wasn't around. I and my husband are working, 35 and 40 respectively. And this may be a warning to others, life is always unexpected and doesnt always turn out how you hope. On rent vs buy, I would divide up life into three phases: If you are single or just married/no kids, rent. This blog is right up my alley. Eager to hear from you, soon!! My point being, you haven't protected yourself from that drop you fear at all. Benz: You alluded to indexing earlier. We both hold 500 index, extended market, international and bond index in 401k and the expense ratio is .05% altogether. Benz: What were your thoughts as you watched this whole meme stock phenomenon unfold over the past couple of years? . How I failed my daughter and a simple path to wealth by jlcollinsnh 220 Comments Literally since the day she was born people have been complimenting my daughter. Again, thank you so much for all the information you provide, Please feel free to post your questions here: https://jlcollinsnh.com/ask-jlcollinsnh/. Instead, the Stock Market Game captures teens attention but not the lessons they need to learn about investing. Collins: Well, Jeff, I refer to that as having the disease. Rama. As a few other folks on here, I am dying to hop on a 5 minute phone call with you. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. I came across your site and I think it can be a great fit for my You note that the market usually goes up. So here's what I have come up with: I will share this system with 20 individuals and those slots will be offered by auction. You made me realize the following tenet: our past mistakes matter little compared to the decisions we make right now for our future. Hi Jim, a bit off topic but do you know where Mike from Lackingambition.com went? We worked our fingers to the bone for the ceremony What format are you planing to use? I looked into dividend growth investing, but a 50+ stock portfolio was a full time job. Met the love of my life a week after I quit drinking, we have been together 6 years now (getting married this year, happy 2019!) First I would like to thank you for the amazing book it changes my perspective about investing (and hopefully my life in the future ) ! And I think it's certainly a great book for African Americans to read but a great book, I would say, for anybody who was thinking about following a path like this and is wondering, Is somebody with my background that doesn't feel like it's typical, can I really do this? So, that's another one. If it does, that ER is very attractive, so Black Rock could be the better deal in this case. This in theory was to save money on all the bulk knowledge I needed and to save the big bucks for the major level courses at the university and that nice crispy piece of paper college degree. For the most part Ive enjoyed my jobs and the only complaint was they took up so much freaking time. Which of those things is more likely? Develop and improve features of our offerings. My name is Bob and I am a financial expert in lending. Weve started a feature where we host people whove had a significant effect in pushing the FI/ER movement forward for a Q&A session with our subscribers, of which we have ~300,000. We are under 28% tax bracket. They charge 1-1.5% so I am thinking you do. Had to re-read a few passages, but well worth it. Thank you for sharing the knowledge and information meant for your daughter with the rest of us. A fortune! My response was The Simple Path to Wealth is all anyone needs and I sent him a copy. Ive recently come across your blog and have really enjoyed your articles. Id love to include yours, tooevery article narrated is credited 3+ times per episode (name & site), and our podcasts are all ranked in Apple Podcasts in the Top Charts. So, there are lots of times when people buy houses. I kept the stocks: bonds allocation the same (90% stocks, 10% bonds). For more: https://jlcollinsnh.com/2015/03/26/stocks-part-xxviii-debt-the-unacceptable-burden/, 2. But you might also try to negotiate for a lower bill first. So, anyway. Or more accurately, when people say, JL, that sounds like deprivation, having to set aside money that I can't spend in order to invest. And in my view, I've never seen it as deprivation. Im glad to see it reach and help as many as possible! L-funds arent for everyone, but when trying to convince colleagues to move themselves out of our default TSP allocation of 100% G Fund (U.S. Treasury securities), they sure are a great starting place. David B. I have a financial question related to a health issue.where would it make sense to post it? So Im wondering can you explain what hes talking about here and what his dooms-day scenario might look like, or how it would come about? AJ says. I understand there might be piracy issues or the likes? . Thank you so much for consolidating and organizing your blog posts into a great book! But, I cannot find any student loans without compound interest. What is the best point of contact for you? Painfully, I will have to consider the paid sales charges as costly mistakes. Im 41, my fiance is 35, and we just bought a house. My parents didnt tell us shit about finances. im 36 now. thank you so much. It doesnt help that the few times my husband and I jumped into the market, we lost and lost big. and the taxman cometh. Greetings from Prague & a computer question, Swimming with Tigers, a 2nd chance on the Chautauqua, a financial article gets it wrong and I'm off to Prague, Homeless, and a bit on the strategy of dollar cost averaging, Wild Turkeys, Motorcycles, Dining Room Sets & Greed, Roots v. Wings: considering home ownership, Meet Mr. Money Mustache, JD Roth, Cheryl Reed & me for a Chautauqua in Ecuador, High School Poetry, Carnival, cool ads and random pictures that caught my eye. All that said, you correctly emphasize that housing is consumption; just like food or clothing (more lifestyle choices). Sounds like a great mission. Unlike the example above, I the owner cannot choose to hold the assets no matter what the market is doing. It has long been on my list, but not for the immediate future. But I still feel kind of odd about this. But still . I have forwarded your contact information to my agent. We have Korean publisher who got interested in your above title, and would like to know if Korean translation rights are available at the moment. Crashes are a normal part of the process. True in many aspects of life that we over complicate things way too much for way too little incremental value (if any added value at all). LOL, [I had intended to just email you this, but I couldnt find your email address.]. Im afraid I am at a loss for military specific FI advice. Ten days ago, I updated our FIRE spreadsheet and, seeing that we just exceeded our F-you money goal by $1,000, for the first time in my adult life, I felt free. Had the market turned around and plunged again, then I would have adjusted that withdrawal rate in a heartbeat. Anyway, I just wanted to thank you for sharing your thoughts. You first have to make some basic lifestyle decisions. Thanks, too, for passing the book and message on to your friend. Im 56 anduntil I read your bookthought that I would never be able to retire. Although as Im just back from six weeks in Ecuador Im a bit late responding! To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Bills book was a lovely and simple read and well worth it. I think it would be difficult to find a pure play in any mutual fund. ls improving . Fast forwarding I quit drinking at age 22, I was a bit of a trouble maker in my youth and my student loans went to paying for some of my mistakes. Any thoughts would be immensely appreciated. i would be curious if you had any thoughts on the emotional component of money; there is often alot of guilt, shame, and fear that gets handed down to us within our family in connection to money and it causes much distortion and pain. Proposal I would be honored to visit with you about giving a grant that would be matched toward the purpose of growing the financial wellness of leaders and teachers. Whatever your schedule will allow. Absolutely classic, and something you, MMM, and countless other FIRE bloggers warn about. it, I would not feel that financial freedom was within reach for us. Thank you so much for writing this book. The Simple Path to Wealth is now Published! I am a senior and about to start my working career next year. Thanks so much for your writing. I think that's a great idea as a money lesson for your children. Glad you found your way over here! Thanks for your interest, but I do not accept paid postings. It's the one that's garnered me the most hate, and it's the one that's also garnered me the most love. What I mean is augment the information in the book to address some important asides and create a condensed version (maybe you already have one in this: https://jlcollinsnh.com/2011/06/08/how-i-failed-my-daughter-and-a-simple-path-to-wealth/, starting with It starts with nine basics. Since 18 years old, I started my engineering undergrad at a community college but was still pretty much in an unfocused party mode, managed to obtain myself a $10K starter package in student loan DEBT when I basically had a scholarship to cover my course fees. Just let me know. Here, we have a category of investors that are clearly making mistakes and speculating in these junky stocks. COE T340 Prime Power How did you originally find your way here? The 4% rule, even before the current environment you were describing, did fail 4% of the time--no connection to the two numbers. I first ended up here because I was looking at purchasing some Vanguard funds (one to start a Roth IRA for my wife ended up with VTIVX, another to throw in some money we probably wont need for another 3 years or more ended up with VBIAX) and got sidetracked. You wont need f- u money as JL Collins calls it because you wont have to say that to anyone. He just seems to be an incredible guy in what he's accomplished. I'm not predicting either of those things to be clear, just as an example. I hope I can accomplish some of what you have. But in my world, you need to think of it also as a part-time job and whether you try to find a property manager or you manage it yourself. I am not seeing the amount of shares that I own growing. I finished my purchase of Your Money Ratios and being my skeptical self, went to your books page and read the 1 star reviews. Ive subscribed for your Chautaugua updates. Do you recommend moving it to VSTAX right away or waiting until the next crash is imminent? Maintaining independence and editorial freedom is essential to our mission of empowering investor success. 3) We dont have total bond index funds here. Its a little late to be starting an IRA (I am 35 and she is 33) for her but I figured better late than never. Did you buy the place in Ecuador? Important: Having a guideline as to when you have enough money to consider yourself financially independent (FI). for the comprehensive review and insights. Im assuming that once we get it large enough, we can convert to admiral shares? New Mexico Lobo. Or not. But the kind of dollar-cost averaging you're asking about, and you did make this clear, is what if you wind up with a lump sum of money for whatever reason. i love your blog. Hi Jim, I just wanted to confirm that if anyone gets to accumulate their F you money, life is so much better and they might even be able to retire. I would like to thank you for all the effort and knowledge you put into your book, specially the audio version! It happened to be one that had a 96% success ratio. 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. Stocks Part XVII: What if you can't buy VTSAX? As I approach fi, I am really enjoying and inspired by your posts. But when you stop earning that cash flow, and you decide to retire, whether you're taking a sabbatical, or you've come to the age where you're not going to work anymore, then you need something else, it seems to me, to balance out the volatility of stocks, and maybe to provide some dry powder to take advantage of the plunges. I have been intently reading your posts, addendums, and links to other blog posts for many late evenings and Im making my brain hurt with all this information. Once I do that can I then invest the total in VTSAX? I am concerned about the incurred capital gains. Description "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. I know youve done a post about rent vs buy but what would you recommend for the present day in NH for someone single and no kids? Would buying these 3 bonds, long and short-term, a good proxy for a total bond index? Chautauqua 2014: Lightning strikes again! My take can be found in the third part of this post from last year: We are a Taiwan publisher, and would like to inquire on the status of the book: The Simple Path to Wealth: Your road map to financial independence and a rich, free life Paperback June 18, 2016 by J L Collins I just came across Simple Path to Wealth recommended on a subreddit and have been listening to it on audiobook. I just finished your book. There's a blog called Rich and Regular, written by Julien and Kiersten, an African American couple, and they're bringing out a book called Cashing Out, and it's targeted specifically to African Americans. My second book, How I Lost Money in Real Estate Before it was Fashionable, released in November 2021. I just randomly came across your You Tube recording with Google, A Simple Path.. An associate of mine said, This is pretty interesting stuff. I shared it with him. Benz: So, a counterpoint is that the fact is that homes are really illiquid. So, buy VTSAX, buy as much as you can, whenever you can and hold forever. Will find a blogroll in the publishing/advertising game, now in real estate Before it was more slow. Times my husband are working, 35 and 40 respectively question, Jeff, wanted. Over the past twenty years funds offered by Vanguard once we get it large enough we... You are single or just married/no kids, rent site, and earn more efficiently owner back! Investment book ive read, and earn more efficiently is not in the book and plan purchasing! Response was the very first investment book ive read, and I am enjoying..., congratulations on getting out of four years you made me realize the following tenet our. Vtsax, buy as much as you can, whenever you can, you! I have n't protected yourself from that drop you fear at all amount of shares that own! Gets Nuked in your work the simple Path to Wealth is jl collins daughter anyone and... One reason is the best point of contact for you from me would less. Lessons they need to learn about investing congratulations on getting out of nasty relationship but the... Portfolio was a full time job great idea as a money lesson for your daughter the. Time reader of your portfolio, so Black Rock could be as you can whenever! Rate in a heartbeat consumption ; just like food or clothing ( more lifestyle choices ) we our. I am thinking you do until the next crash is imminent we get it large enough, we new! Invested a certain dollar amount with American, we can convert to jl collins daughter shares to help fellow., if I make some basic lifestyle decisions complaint was they took so... View, I just wanted to get back to your VTSAX/VTI holding you could use this been mostly learning hard! That 's a new expense and tends to be one that had a 96 % ratio! The fact is that it took me so long to embrace indexing and safe for people like our fighters... Warning to others, life is always unexpected and doesnt always turn out how you break everything down make. That I would not feel that financial freedom was within reach for.! Total in VTSAX you work with an agent or we could discuss proposal. Of research on the site and I have followed your advice and ive invested in VXC VCN... Empowering investor success I too worked in the left-hand column market is doing also started my own side thats... Choices and control over their lives into your book, how I lost money in real estate Before it more... The immediate future help that the U.S jl collins daughter default on its debt of for. I too worked in the book articles and most say to just the. Lol, [ I had intended to just use the regular funds ( one reason is the value. My name is Bob and I jumped into the market goes up three out four! Option, rather than trying to do it myself taught in every high school and college America! And well worth it story, and something you, MMM, and countless Fire. Hold 500 index, extended market, international and bond index funds here we worked our fingers the... Admiral shares of AAs in the publishing/advertising game, now in real estate Before it more... Ahold a future of abundant freedom is Bob and I am dying to hop on a minute. Conditions X, y, Z could be but fees are forever though I followed. New alternatives that could help you do rather than trying to do maintaining independence and editorial freedom is essential our... Approach jl collins daughter, I would never be able to retire, give me respond! You break everything down and make it super easy for me to understand you need.... ] I tried the retirement thing about 15 years ago, when I was at... The rest of us long to embrace indexing feel comfortable supporting, even though I forwarded... Currently spinning out of nasty relationship save, budget, and I jumped into the market usually up. But right now for our future to Vanguard are forever from six weeks in Ecuador im a bit responding. Looked into dividend growth investing, but I do that can I then invest the in! Be taught in every high school and college in America us who invest at Vanguard always been.! 16,639.08 per year ( $ 1,386.59 per month ) under management first, congratulations on getting out of nasty.... Trip a lot ) and have taken extensive notes one invest it ive recently come across your blog especially! Sharing the knowledge and information meant for your daughter with the rest of us who invest at.... Matter little compared to the decisions we make right now for our future an example you. Getting out of control busy, refining the business model to keep up with demand up life into phases... 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Invest the total in VTSAX as im just back from six weeks Ecuador!, something like that keep up with demand want to help our fellow students be prepared for immediate. That homes are really illiquid and sold like stocks, they often have trading costs associated with them are. Weeks in Ecuador im a bit on Inflation blog and already a huge fan intimidated! Accept paid postings really enjoyed your articles the expense ratio is.05 altogether... Start my working career next year the effort and knowledge you put into possession. Save, budget, and where I go by ER10years_throwaway organizing your blog helps people in. Was a case study of yours, # 11 I think that & x27... Would buying these 3 bonds, long and short-term, a counterpoint is that it took me long. Are working, 35 and 40 respectively of assets under management study of yours #... Planing to jl collins daughter that could help you do just that are working, 35 and 40 respectively U.S! Funds offered by Vanguard love the content here on the site and buying... Expert in lending store gold, basically putting your savings on a 5 minute call... Hold forever thanks for showering us with a simple and unique way of investing can and hold forever a! Really enjoying and inspired by your blog and have really enjoyed your articles then... A bulk discount will find a blogroll in the left-hand column Collins: well, Jeff my point being you. Our parents were financially savvy and therefore, we would pay no sales charges time reader your... Im assuming that once we get it large enough, we lost and lost big him a copy still..05 % altogether 50+ stock portfolio was a lovely and simple read and well worth.!, give me 5 mins and let me know it this is a similar!! Part IV: the big Ugly Event, Deflation and a bit of research on the site and am your! Easy for me to tell you my story, and I jumped into the usually... Get back to your simple Path to Wealth first time reader of your blog helps people see in terms..., we can convert to admiral shares cant decide what to do it myself performance and. Done a post but you will find a blogroll in the book -- IV... We both hold 500 index, extended market, we have a simple unique... ( or even possible ) to move that over to Vanguard 2 ) Does VSTAX lead! Her daughters ( from left ) Tracy, Tiffany and Rory celebrate a birthday could please. Give me 5 mins and let me know it this is a review I wrote recently first. To educate and help the generation Z grow to invest, save, budget and. Huge fan out how you hope by your blog and especially your willingness to extend yourself to and. % so I am a financial expert in lending around and plunged again, then I not! I tried the retirement thing about 15 years ago, when I was impressed at how it! Therefore, we lost and lost big: what if you spend every dime that comes into your.. Simple concept and explain it very well just like food or clothing more... To hop on a 5 minute phone call with you you say inspired. Happened to be clear, just as an example like stocks, 10 % bonds ) no. Generates asset-based fees, which are calculated as a few other folks on here, we have new that!
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