In this episode, we'll explore the key principles of "The Simple Path to Wealth," a book by JL Collins that offers a straightforward and effective approach to building and preserving wealth. This episode will cover:

○ The importance of avoiding debt.

○ Investing in low-cost index funds.

○ Understanding the power of compound interest.

○ The role of bonds in a diversified portfolio.

○ Setting up a financial plan for the long term.

○ Withdrawing money safely in retirement.

○ Why most people lose money in the market.

○ How to give like a billionaire (even if you're not one).