20: The Simple Path to Wealth—Index Funds Explained with JL Collins

Jim Collins has literally done it all. From busboy, produce, clerk, and gas station attendant, to ad agency founder, sales trainer, radio co-host, and publisher. He is a prolific world traveler, having visited more than 30 countries on five continents via motorcycle, car, train, plane, boat—and even elephant. Jim has lived a very good life. And along the way, Jim has learned that money is a tool that can offer the freedom to live the life you want to live. He’s also figured out that there is a very simple path to wealth. While you can make money picking individual stocks, the index fund is a very easy way to grow your wealth in the stock market without spending time researching companies. This episode truly is the show for anyone who has money or wants to have more. Links from the Show BiggerPockets Forums How I failed my daughter and a simple path to wealth (Article) Stock Investing Series - Part XXXII: Why you should not be in the stock market (Article) Stock Investing Series - Part III: Most people lose money in the market (Article)