The Simple Path to Wealth:

This book grew out of a series of letters to JL Collins's 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 people have for navigating this complex world they've created, understanding it is critical. Unfortunately, benign neglect of things financial leaves one open to the charlatans of the financial world. The people who make investing endlessly complex, because if it can be made complex it becomes more profitable for them, more expensive for the rest, forced into their waiting arms. Here's an important truth: complex investments exist only to profit those who create and sell them. Not only are they more costly to the investor, they are less effective. The simple approach, offered by JL Collins, is not only easy to understand and implement, it is more powerful than any other. The readers will explore the notion of i.e. debt, traditional investing, stock market, or asset allocation, as well as the subject of financial independence, accompanied by various tips on how to avoid getting conned.