JL Collins - The Simple Path to Wealth. http://www.madfientist.com Today on the Financial Independence Podcast, my buddy JL Collins from jlcollinsnh.com joins me …Here are five of the biggest reasons why that’s true. 1. Other financial priorities are more important. In an ideal world you would have plenty of money to help your child pursue whatever opportunities she wanted. In other words, having the money to pay for college (or anything else) is preferable to not having it.Sep 4, 2018 · Get The Show Notes Here: https://www.choosefi.com/036In today's podcast with Jim Collins from The Simple Path to Wealth and JL Collins NH, we discuss the Cha... While I touched on it in Part XVII, the differences between ETFs and Mutual Funds is a recurring question here.Perhaps I should have covered it better. Let’s do that now. We’ll use VBTLX and its ETF version, BND, as examples since those were my choices in my most recent move.. ETFs (Exchange Traded Funds) were created a number of …JL Collins launched his eponymous blog jlcollinsnh.com in June 2011 and is the founder of the legendary financial independence retreat Chautauqua. His Talk at Google has over 1.4 million views and has appeared on …The Maine Republican's vote virtually assures confirmation. Senator Susan Collins, the Republican from Maine, explained why she would support Brett Kavanaugh on the Senate floor Fr...When you do this right, the jobs come to you even if you are entry-level talent. #3 Gain Experience. It can be real-world experience, it can be simulated experience, it can be volunteer experience, but you need to be able to go into your interviews and talk about what you’ve done. #4 Unlock the Hidden Job Market.Three simple tools. Two index mutual funds and a money market and/or bank account. A wealth builder, an inflation hedge, a deflation hedge and cash for daily needs and emergencies. Low cost, effective, diversified and simple. You can fine tune the investments in each to meet the needs of your own personal considerations.Oct 5, 2013 · Stock Series: Part 1: There’s a major market crash coming!!!! and Dr. Lo can’t save you Time Machine and the Future Return for Stocks Part II: The Market Always Goes Up Part III: Most people lose money in the market Part IV: The Big Ugly Event Part V: Keeping it simple, considerations and tools Part VI: Portfolio ideas to build and keep your wealth JL Collins – The Simple Path to Wealth. Updated on June 27, 2020. 22 Comments. Today on the Financial Independence Podcast, my buddy JL Collins from …If you do want to duplicate the total stock market index as held in VTSAX, here’s the formula…. ~81% Large cap (an S&P 500 fund) ~6% Mid cap. ~13% Small cap. Be sure you use low-cost index funds. This usually comes up when a 401 (k)-type plan offers an S&P 500 fund but not a total stock market fund.2. It’s a wild ride along the way. 3. There is a Big, Ugly Event. Let’s talk about the good news first. We’ll tackle points 2 & 3 next time. To understand why the market always goes up we need to look a bit more closely at what the Market actually is. The chart above represents the DJIA (Dow Jones Industrial Average).Basically, these are like an IRA for your medical bills and, as we’ll see, the way they’ve been constructed creates some very interesting opportunities. With an HSA, as of 2014, you can set aside up to $3300 for an individual and $6550 for a family each year. Like an IRA, you can fund this account with pre-tax money.You don't need to be a professional bartender to know the difference between a sidecar and a Tom Collins, but if they're not drinks you order regularly, you may not know how they'r...Nov 22, 2021 · In this book, JL tells a cautionary tale about his personal experience with the real estate market. If you think that buying real estate is always a ‘no-brainer’ decision, this book will teach you to think again.”. “Real estate seems like the glitzy, can’t-miss ‘American Dream’ because you only ever hear from the winners. Mad Fientist and jlcollinsnh, Thanks for the great responses. jlcollinsnh, thanks for the recommendation to be 100% in VTSAX. That’s exactly what I was thinking and I love the idea of keeping in that simple. Mad Fientist, thanks for the advice on funding the tax advantage accounts due to the ability to pull out my contributions.You don't need to be a professional bartender to know the difference between a sidecar and a Tom Collins, but if they're not drinks you order regularly, you may not know how they'r...Here at jlcollinsnh we know the advantages of keeping things as simple as possible, but most Asset Allocation strategies use far more than just two funds. The most common addition is an International Stock and/or Bond fund. Next post, Stocks — Part XI: International Investing, I’ll talk about why I don’t feel the need to add these funds ...Get The Show Notes Here: https://www.choosefi.com/036 In today's podcast with Jim Collins from The Simple Path to Wealth and JL Collins NH, we discuss the …30 year Retirement Success Rates. Peak Success at 90% equities. Generally speaking, this data suggests any asset allocation from 60-100% equities has about the same chance of success (90%+.) I more or less assume anything above 80% success rate is false confidence. The future will likely have many Black Swans.Stocks — Part XVI: Index Funds Are Really Just for Lazy People, Right? by JL Collins 97 Comments - Updated: October 23, 2023. Ah, no. Index investing is for people who want the best possible results. Over the last decade or so some of my investing ideas have drawn comment on other blogs and forums. Lately, I’ve noticed that even …JL Collins - The Simple Path to Wealth. http://www.madfientist.com Today on the Financial Independence Podcast, my buddy JL Collins from jlcollinsnh.com joins me …Apr 3, 2012 · Manifesto - JLCollinsnh. “If you reach for a star, you might not get one. But you won’t come up with a hand full of mud either.”. Leo Burnett. I came across this quote many years ago and, looking back, it’s the way my life has unfolded. Personally, I never got that star but things have been pretty damn good and the reaching was fun. Hi r/personalfinance, I am JL Collins, author of https://jlcollinsnh.comand three personal finance books: The Simple Path to Wealth, How I Lost Money in Real Estate Before it was Fashionable, and my new book out this week Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence—And How to Join Them.F-You Money: John Goodman v. jlcollinsnh February (2) Q&A - V: The Women of Amphissa; jlcollinsnh gets a new suit January (3) Chautauqua 2015 Reviews, 2016 registration open; Case Study #15: The Scavenger Life -- Freedom first, then Financial Independence May 27, 2014 · So if you are happy with an 8% return the NET PRESENT VALUE of $1,000 in 12.5 years ( rule of 72 ) is $2000 today. But $500 today will grow to $1,000, but it won’t be worth $1,000 either due to inflation or you valuing $1.00 today 8% more than a $1.00 one year from now. jlcollinsnh says. May 27, 2014 at 2:25 pm. F-You Money: John Goodman v. jlcollinsnh February (2) Q&A - V: The Women of Amphissa; jlcollinsnh gets a new suit January (3) Chautauqua 2015 Reviews, 2016 registration open; Case Study #15: The Scavenger Life -- …Based on the “ 4% Rule “ and your projected $70k annual spending rate, you are already comfortably well into Financial Independence (FI). At 4% that spending rate requires only $1.750 million and your net worth is around $2.6 million. You have earned the financial right to do whatever you please.Time to sell? by JL Collins 59 Comments - Updated: July 11, 2023. Story goes that back in 1929 Joseph Kennedy was getting his shoes shined and the shoeshine boy began offering him stock tips. Kennedy promptly returned to his office and sold all his shares. The market crashed and the cash he was sitting on suddenly became the most …401kfee.com — how-much-are-high-fees-costing-you from Addendum #2 in Stocks — Part VIII-b. Bright Scope — a tool for evaluating your 401k …In Today’s Podcast JL collins from jlcollinsnh joins Jonathan & Brad on the podcast to bring the Stock Series to life. The Power of Index Investing is one of life’s greatest secrets & JL Collins is the ultimate travel guide. This multi part series turns the stock series into an interactive audio companion and this […]Apr 20, 2012 · 2. It’s a wild ride along the way. 3. There is a Big, Ugly Event. Let’s talk about the good news first. We’ll tackle points 2 & 3 next time. To understand why the market always goes up we need to look a bit more closely at what the Market actually is. The chart above represents the DJIA (Dow Jones Industrial Average). F-You Money: John Goodman v. jlcollinsnh February (2) Q&A - V: The Women of Amphissa; jlcollinsnh gets a new suit January (3) Chautauqua 2015 Reviews, 2016 registration open; Case Study #15: The Scavenger Life -- …May 23, 2012 · My guess for the grand 4-year total: $160k – $48k scholarship = $112k out of my pocket. And this doesn’t include the fees for extracurricular activities and spending money she pays for herself. If she’d gone to NYU, her second choice, it would be $60-65k per year and no scholarship. $240-260k total. Hi r/personalfinance, I am JL Collins, author of https://jlcollinsnh.comand three personal finance books: The Simple Path to Wealth, How I Lost Money in Real Estate Before it was Fashionable, and my new book out this week Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence—And How to Join Them.Apr 22, 2020 · However, the facts are similar for all European countries (even if there isn’t a Vanguard office in your country). Vanguard has recently (autumn 2019) cut fees (TER; Total Expense Ratio) for most of these funds. The TER for VWRL, for example, was lowered from 0.25% to 0.22%. Obviously, we’re investing in a European currency here. In addition the Betterment fee adds: .35% for accounts under 10k. .25% for accounts between 10-100k. .15% for accounts over 100k. So at the high end you have about .50% in fees and at the low end about .30%. In exchange Betterment keeps your asset allocation on target and to your personal specs in real time.019 | In Today’s Podcast JL collins from JLcollinsnh.com joins Jonathan & Brad on the podcast to bring the Stock Series to life. The Power of Index Investing is one of life's greatest secrets & JL Collins is the ultimate travel guide. This multi part series turns the stock series into an interactive…Irwin Motors in Laconia, NH is a premier car dealership that offers a wide range of vehicles and exceptional customer service. Whether you are in the market for a new car or need t...88% of our dollars working full tilt in the hot sun. $880k. 12% napping in the sun on the cash beach. $120k. Since most of the time the market goes up, this portfolio will have a far stronger ability to build wealth. We can draw our $40k from the dividends and capital gains our stocks in VTSAX throw off.Your life is incredibly precious, so what had to happen for you to be here?Watch More: When Are We All Going To Die? https://www.youtube.com/watch?v=fo...The fact that we actually prefer the simpler, cheaper model pays off here too. First, and most obviously, a less expensive car loses fewer dollars for a given rate of depreciation than a more expensive one. If after five years a $26,000 car has lost half its value, you are out $13,000.Jun 18, 2016 · These days, I'm a book author and financial blogger on jlcollinsnh.com, but it wasn't always so. I started selling flyswatters door-to-door and picking up empty pop bottles from the side of the road for the 2-cent deposit. Gimme a break. I was eight. My first real job was scrubbing out big metal ice cream cans. I was 13. It paid $1.25 per hour. Irwin Motors has been a staple in the Laconia, NH community for decades. This family-owned dealership has built a solid reputation for providing exceptional service and high-qualit...According to the Collins Thesaurus, the most likely antonym for “freedom” is “slavery.” However, because the word “freedom” has a complex and nuanced meaning, concepts like “depend...Aug 23, 2018 · 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... May 2, 2013 · If you do want to duplicate the total stock market index as held in VTSAX, here’s the formula…. ~81% Large cap (an S&P 500 fund) ~6% Mid cap. ~13% Small cap. Be sure you use low-cost index funds. This usually comes up when a 401 (k)-type plan offers an S&P 500 fund but not a total stock market fund. Jun 2, 2015 · Unlike the fee heavy cesspool too many 401 (k) plans have become, a TSP offers a nice—but not overwhelming—selection of very low-cost index funds. Looking at the government’s chart of TSP expense ratios going back to 1999 these have ranged from a low of .015% in 2007 to a high of .102% in 2003. Over in the Ask jlcollinsnh page, reader Joe posted a very interesting profile along with a series of questions. Since I think his situation and our conversation about it might have broad interest, it has become our first case study in a long time (here’s #1) and this post.First is his note, which I have edited a bit, but only to include some facts he later …Oct 1, 2012 · JLCollinsNH – The Importance of F-You Money. Updated on June 27, 2020. 19 Comments. In this session of Financial Independence Podcast, I had the pleasure of speaking with Jim Collins from jlcollinsnh.com. Jim accumulated enough money to retire over 20 years ago but rather than pack it in and call it quits, he instead used his “F-You ... 1. Investing, done well, is the soul of simplicity. 2. Anyone who tells you differently is selling you something. 3. Investing is playing the long game: Think decades. 4. Once you understand a few key things, the less you think about it the better your results. 5.JL Collins launched his eponymous blog jlcollinsnh.com in June 2011 and is the founder of the legendary financial independence retreat Chautauqua. His Talk at Google has over 1.4 million views and has appeared on …Hi r/Bogleheads. I am JL Collins, author of https://jlcollinsnh.com and three personal finance books: The Simple Path to Wealth, How I Lost Money in Real Estate Before it was Fashionable, and my new book out this week Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence—And How to Join Them.. My blog is …019 | In Today’s Podcast JL collins from JLcollinsnh.com joins Jonathan & Brad on the podcast to bring the Stock Series to life. The Power of Index Investing is one of life's greatest secrets & JL Collins is the ultimate travel guide. This multi part series turns the stock series into an interactive audio companion and this first part is sure to compel …F-You Money: John Goodman v. jlcollinsnh February (2) Q&A - V: The Women of Amphissa; jlcollinsnh gets a new suit January (3) Chautauqua 2015 Reviews, 2016 registration open; Case Study #15: The Scavenger Life -- …Sep 7, 2012 · To understand the difference, let’s look at how other investment companies (most companies in fact) are structured. Basically, there are two options: 1. They can be owned privately, as in a family business. Fidelity Investments is an example. 2. They can be publicly traded and owned by shareholders. T. Mar 20, 2016 · Narrated in rotating chapters by his wife and four daughters. Compelling tale very well told. Amazing as the style and tone shifts between her narrators. True story of a Mexican fisherman blown out into the Pacific Ocean and his survival as he drifts across for, well, 438 days. Reads like the great adventure it is. Oct 21, 2022 · Given inflation, there is nothing surprising happening with bonds. In response to inflation the Fed has been raising interest rates. When interest rates rise, the price of existing bonds drops as newer, higher yielding bonds are issued. If you want to know more about how these things work, here is…. As if they hadn’t already grafted themselves onto a significant portion of your own childhood memories (damn your catchy classics, Elton John and Phil Collins), the rise of more sc...In fact, at JohnR’s suggestion, I have added my response to James in the Q&A section of the post. For married filing joint, the capital gains tax rate is zero up to $104,800 ($80,000 + $24,800 standard deduction). So this article makes sense to me if you already had $104,800 in capital gains this year.Readers noticed that the plan called for only one investment: VTSAX — Vanguard Total Stock Market Index Fund. Here’s why: 1. VTSAX is an Index Fund at Vanguard and that means rock bottom costs . It is surprisingly critical to keep costs low to succeed in investing. 2. VTSAX provides broad diversification .The Simple Path to Wealth: Your road map to financial independence and a rich, free life: Collins, J L, Mustache, Mr. Money: 9781533667922: Amazon.com: Books. Books. ›.Here are 10 reasons: 1. Most hedge fund managers are brilliant. These people don’t raise millions or even billions of dollars without having a high level of intelligence. When you meet face-to-face with the best hedge fund managers it’s almost impossible to walk away unimpressed.The first of these resources is a series of 34 (and counting) posts found at JL Collins’ blog jlcollinsnh.com, categorized as the “Stock Series”. Start Here First While I’m trying to help you sort through the vast amounts of information on investing by providing specific, focused and valuable resources, I’m finding myself a bit ...As a busy adult, finding time to attend traditional university classes can be a daunting task. However, with the advent of online education, it is now possible to earn a degree wit.... Mad Fientist and jlcollinsnh, Thanks for the great responses. One of the three-man crew of Apollo 11, the mission that fir Moving on, if we use your current savings rate of 24% you’ll have $16,800 to invest each year. Your 403 (b) gets 3% of your $70,000 salary. $2100. (The university will add 2.5%, $1700, but that’s in addition to your 24%/16.8k investment money.) This will go into VTSMX and then to VTSAX when the balance goes over 10k.Mar 20, 2016 · Narrated in rotating chapters by his wife and four daughters. Compelling tale very well told. Amazing as the style and tone shifts between her narrators. True story of a Mexican fisherman blown out into the Pacific Ocean and his survival as he drifts across for, well, 438 days. Reads like the great adventure it is. Summary. Read this book if you want to g Apr 12, 2016 · Here are five of the biggest reasons why that’s true. 1. Other financial priorities are more important. In an ideal world you would have plenty of money to help your child pursue whatever opportunities she wanted. In other words, having the money to pay for college (or anything else) is preferable to not having it. According to the Collins Thesaurus, the most likely antonym for “freedom” is “slavery.” However, because the word “freedom” has a complex and nuanced meaning, concepts like “depend... Stocks — Part VIII: The 401K, 403b, TSP, IRA & Roth Buckets....
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