General Information

Title:                  The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life (Unabridged)
Author:                 JL Collins
Read By:                JL Collins, Peter Adeney
Copyright:              2017
Audiobook Copyright:    2017
Genre:                  Audiobook
Publisher:              Audible Studios
Duration:               6 hours, 38 minutes, 59 seconds
Chapters:               41

Media Information

Source Format:          Audible AAX
Source Sample Rate:     22050 Hz
Source Channels:        2
Source Bitrate:         63 kbits

Lossless Encode:        Yes
Encoded Codec:          AAC / M4B
Encoded Sample Rate:    22050 Hz
Encoded Channels:       2
Encoded Bitrate:        63 kbits

Ripper:                 inAudible 1.97

Book Description

This book grew out of a series of letters to my daughter concerning various things - mostly about money and investing - she was not yet quite ready to hear. Since money is the single most powerful tool we have for navigating this complex world we've created, understanding it is critical. "But Dad," she once said, "I know money is important. I just don't want to spend my life thinking about it." This was eye-opening. I love this stuff. But most people have better things to do with their precious time. Bridges to build, diseases to cure, treaties to negotiate, mountains to climb, technologies to create, children to teach, businesses to run. Unfortunately, benign neglect of things financial leaves you open to the charlatans of the financial world. The people who make investing endlessly complex, because if it can be made complex it becomes more profitable for them, more expensive for us, and we are forced into their waiting arms. Here's an important truth: Complex investments exist only to profit those who create and sell them. Not only are they more costly to the investor, they are less effective. The simple approach I created for her and present now to you is not only easy to understand and implement, it is more powerful than any other. Together we'll explore: Debt: why you must avoid it and what to do if you have it The importance of having f-you money How to think about money, and the unique way understanding this is key to building your wealth Where traditional investing advice goes wrong and what actually works What the stock market really is and how it really works Why the stock market always goes up and why most people still lose money investing in it How to invest in a raging bull or bear market Specific investments to implement these strategies The Wealth Building and Wealth Preservation phases of your investing life and why t...