234 an interview with JL Collins

Today on the show we are stoked to talk with a special guest who joins us all the way from the States, JL Collins. JL is a financial independence blogger and the author of The Simple Path to Wealth. In this chat Dev talks with JL about: 👉🏾 JL's investing philosophy 👉🏿 why you should avoid debt 👉🏻 "a stock market crash is a gift" 👉 having a 50% savings rate, is that too aggressive? 👉🏼 dollar cost averaging, is JL not a fan? 👉🏽 his journey from active investor turned index fund investor 👉🏿 what is "FU money" 👉🏻 your house being a terrible investment 👉 why Vanguard and the Jack Bogle experience Learn more about Altus Financial here: https://bit.ly/altusm3m The Simple Path to Wealth (book) JL's website Time Machine and the future returns for stocks (blog post) Mr Bogle and me (blog post) The Gambler - F You (original movie clip) FU Money by J L Collins (edit of the clip from The Gambler) J L Collins Google talk 🛑 Please read our disclaimer + warnings before listening to this episode 🏡 Join our facebook group for healthcare professionals 💸 Quick links to our resources and $20 off The Glen James Spending Plan my millennial money medical is produced by SYMO interactive, home of my millennial money. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf