ChooseFI Logo

The Simple Path to Wealth | JL Collins | Ep 411

In this episode: VTSAX funds, bonds, cap-weighted funds, finding your ballasts, staying the course, and the simple path to wealth.

This week, we are getting back to the basics! While many of you who have been in the FI community for a while now have definitely heard of JL Collins, those who are new should absolutely be prepared to absorb the wealth of information he provides every time he decides to grace our podcast! Listen along as he and Brad review the basic information that can put you on the simple path to wealth that so many in the FI community have walked! Believe it or not, creating wealth for yourself can be simple!

JL Collins:


  • 1:46 – Introduction
  • 2:40 – Back To Basics, What Is The Simple Path To Wealth
  • 10:15 – Low-Cost Funds And High-Cost Funds
  • 14:56 – Index Funds Are For Lazy People (Just Kidding!)
  • 20:00 – Is It VTSAX Or Nothing?
  • 26:58 – Cap-Weighted Funds
  • 30:53 – Staying The Course
  • 36:32 – Are There Times When Index Funds Aren’t A Good Choice?
  • 42:28 – The Highest Likelihood Of Replicable Success
  • 46:38 – Bonds
  • 51:36 – Rising Rates
  • 55:17 – I-Bonds
  • 58:22 – Finding Your Ballasts
  • 64:55 – Conclusion

Resources Mentioned In Today’s Episode:

Subscribe To The FI Weekly

Action, accountability, inspiration, and community. Join the movement. Get started on your Path to FI

More To Explore
Lessons From a Young Entrepreneur | Ep 422

At least once in most of our FI journeys, we have pondered what our life would look like if we started earlier. Maybe you have even wondered what value could’ve been gained if you had started in your teenage years. Well, for some context into the possibilities decision that could provide, we decided to have 17 year old listener Devin on the podcast to discuss what life can look like when you go against the cultural norm of going to college, and instead opting for an entrepreneurial and FI friendly lifestyle. Oftentimes we mention that there are rewards that come with stepping out of your comfort zone, and the same can be said for going against the societal norm and carving out your own path! For our younger audience who may be interested in getting started with their FI journey, let this episode be a useful resource and reassurance that this journey can begin no matter your age!

Read More »
You Might Be Interested in...
Share This Post
Share on facebook
Share on linkedin
Share on twitter
Share on email
Share on pinterest