? UNDER THE LAMPLIGHT-

The Simple Path to Wealth by JL Collins began as letters meant for his daughter and grew to a playbook to investing. Picture a financially successful business leader in their golden years trying to impart their wisdom as concisely as possible to their children who are about to come into money or want to build wealth. In the book, there is a focus on strong portfolio building and making proper investment choices in a simple, conversational manner. There’s plenty of advice on understanding and investing in the stock market, how the market always bounces back, and how to avoid losing on stocks.

Starting with the basics, Collins stresses on how crucial it is to understand money, as it is “the single most powerful tool we have for navigating this complex world we’ve created,” while offering life lessons and financial advice that can insure investment success in the long game. Collins also explains where and when traditional investing advice may not be as effective and provides valuable lessons he has learned along his path to wealth. It is important to note that the book provides interesting behavioral advice that may be useful for the young investor coming into the world of financial responsibility, but might not be an ideal read for a mature adult who has already taken on financial duties.

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