Portfolio Ideas to Build and Keep Your Wealth

Today we’re gonna look at the fun stuff. What, exactly, can we use to build and keep our wealth. JL is going to give you three portfolios each using the tools (funds) we discussed last time. First will be exactly what he tells his 20-year-old to do. She couldn’t care less about investing. With this simple approach she doesn’t have to. All she needs to do is to keep adding to the pot and let it ride. Years from now she’ll wake up rich. Along the way she’ll out-perform roughly 80% of the more actively engaged investors out there. We’ll call this The Wealth Building Portfolio. Next he’ll share with you what Mr. and Mrs. JL Collins do as the semi-retired couple they are. We’ll call that one The Wealth Preservation and Building Portfolio. Today’s episode is brought to you by Talent Stacker. If you’re stuck in a job you don’t like making too little money without any flexibility, it might be time to consider a change. Check out JL’s review here to see how Talent Stacker can help. Notes & Links: Stock Series Part 6 blog post: https://jlcollinsnh.com/2012/05/12/stocks-part-vi-portfolio-ideas-to-build-and-keep-your-wealth/ Why You Need F-You Money: https://jlcollinsnh.com/2011/06/06/why-you-need-f-you-money/ Vanguard Total Bond Market Index Fund (VBTLX): https://investor.vanguard.com/investment-products/mutual-funds/profile/vbtlx Blog post on international funds: https://jlcollinsnh.com/2012/09/26/stocks-part-xi-international-funds-2/ Background on index funds: https://jlcollinsnh.com/2012/01/06/index-funds/ VTSAX: https://investor.vanguard.com/investment-products/mutual-funds/profile/vtsax VGSLX: https://investor.vanguard.com/investment-products/mutual-funds/profile/vgslx VMMXX: https://investor.vanguard.com/investment-products/mutual-funds/profile/vmmxx Blog post on why JL doesn't do REITs anymore: https://jlcollinsnh.com/2014/05/27/stocks-part-xxii-stepping-away-from-reits/ 

Om Podcasten

Can everyone retire rich? Are index funds just for lazy people? How do you not lose money in the stock market? What is deflation/inflation and how does it affect the economy and our investing strategy? Bestselling author and speaker JL Collins (through the help of an AI voice clone) answers these questions and more in his Stock Investing Series. This series has been read by millions on his blog (jlcollinsnh.com), spawned the international sensation The Simple Path to Wealth, and was presented in part at JL's Talks at Google. Collins, known for his clear and approachable style, breaks down complex financial concepts into understandable segments, making it accessible for both novice and experienced investors. Each episode typically covers a different aspect of stock market investing, such as retirement planning, understanding market fluctuations, the benefits of index funds, strategies for long-term wealth building, and how to navigate financial crises. Collins often shares personal anecdotes and experiences to illustrate his points, adding a personal touch to his advice. The podcast is not just about technical knowledge; it also delves into the mindset and discipline required for successful investing, emphasizing the importance of patience and consistency in building a robust investment portfolio.