535 JL Collins on debt, housing myths & why simplicity wins (part 1)
Description
In this first half of a 2-part conversation, Dev sits down with JL Collins the author of The Simple Path to Wealth to explore his updated edition and the timeless principles of financial independence. JL shares his journey from selling fly swatters at age 8 to shaping one of the most influential voices in FIRE. They talk about:
๐๐พ why living below your means is harder than it looks
๐๐ผ the cultural obsession with housing and why your home isnโt an โinvestmentโ
๐๐ฟ JLโs strong views on debt and the dangers of leverage
๐๐ป why index funds outperform active investing for most people
๐ dollar cost averaging - why JL challenges the usual advice
Get JL's book, The Simple Path to Wealth (Revised & Expanded 2025 Edition): https://amzn.to/4mB3JlI
JL's website: https://jlcollinsnh.com
JL's famous stock series: https://jlcollinsnh.com/stock-series/
JL's famous google talk: https://www.youtube.com/watch?v=T71ibcZAX3I
JL in the "Playing with Fire" documentary: https://www.youtube.com/watch?v=GTqGEh1IQew
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