Summary: Author JL Collins releases second edition of book promoting financial independence through simple investing strategy.

From Yahoo Finance: 2025-06-15 11:03:00

Author and blogger JL Collins’s book “The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life” has sold over 1 million copies since its 2016 release. Now, Collins has released a second edition of the book, collaborating with his daughter, Jess. Collins emphasizes principles such as avoiding debt, living below your means, and investing in low-cost index funds for financial independence. He suggests saving 50% of your income and holding one index fund, like Vanguard’s Total Stock Market Index Fund, for building wealth. Collins advises against speculating in assets like cryptocurrencies and advocates for a simple, long-term investment strategy.



Read more at Yahoo Finance: Looking for financial independence? Follow ‘The Simple Path.’