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Author: JL Collins
Foreword by: Money Mustache
In the trap-infested jungle of misinformation and opaque riddles that is the world of investment, JL Collins is the fatherly wizard on the side of the path, offering a simple map, warm words of encouragement, and the tools to forge your way through with confidence. You'll never find a wiser advisor with a bigger heart.
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. 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. Here's an important truth: Complex investments exist only to profit those who create and sell them. The simple approach I created for her and present now to you is not only easy to understand and implement, but it is also more powerful than any other.
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