Bill & Becky continue their chat with THE JL Collins, author of THE Simple Path to Wealth and the acclaimed "Godfather of FI". We began the last episode with JL Collins playing John Goodman in the "Why you need F-You Money" clip. We start this episode with "A Guided Meditation for When the Stock Market is Dropping". JL helps us answer many questions. What do we do when the stock market drops? What about international diversification? What about dollar cost averaging a lump sum into the market? Tune in! Just like the old EF Hutton commercial, "When JL Collins talks, people listen!" :)
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Resources mentioned on the show:
A Guided Meditations for When the Stock Market is Dropping
How I Lost Money in Real Estate Before it was Fashionable: A Cautionary Tale by JL Collins
VTSAX, Vanguard's Total Stock Market Index Fund
VBTLX, Vanguard's Total Bond Market Index Fund
How I Failed My Daughter and a Simple Path to Wealth
Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.
