How to Harness the World's Most Powerful
Wealth Building Tool
Presented By Jim Collins (aka jlcollinsnh)
Stocks, far and away, are the most powerful wealth building tool ever created. Moreover, they always go up. Yet most people who invest in them lose money. In this session, jlcollinsnh will explore with you why those contradictory statements are both absolutely true and how you can learn to harness the market's power to grow your personal wealth.
We'll look at what the market actually is and explore the reasons it leaves most investors bleeding on the side of the road. From there we'll construct a strategy to make it work for you, including portfolio ideas to build and preserve your wealth while protecting you from massive inflation or deflation. This involves not just picking the right tools, but adjusting our own counterproductive psychology. We'll learn not only how to anticipate market crashes, but also how to sail through them and emerge wealthier still.
Perhaps most importantly, for the non-financial person, we'll talk about why simple investments are not only easier, but more powerful. And why complicated investments are popular, and who they benefit. (Hint: Not you.) You'll leave knowing how to put your money hard at work for you. After all, it's about time it started carrying the load. You have better things to do with your life.
Jim's Bio
Jlcollinsnh (Jim Collins) spent most of his career in the publishing business,
but that is almost completely unimportant. What matters more is his driving
ambition to have F-you Money. Of all the things you can spend money on,
the most important, he says, is your freedom.
“For me it has never been about retirement. I like working and I’ve enjoyed
my career. It’s been about having options. It’s been about being able to say
‘no.’ It’s been about having F-You Money.
“At the age of 25 I first reached that goal with the princely sum of $5000.
That was enough to quit my first ‘professional’ job and go travel.
“Since then I’ve quit jobs four more times and have been kicked to the curb
once. Blame my short attention span. I’ve sat on the sidelines for as little as
three months and for as long as five years. I’ve done it to change careers,
to focus on buying a business, to travel and, the time it wasn’t my call, with
no plan at all. I did it again in the spring of 2011 and the intention is to
remain retired. But who knows?”
Here’s the link for his dry as dust CV: http://jlcollinsnh.wordpress.com/cv
His guest post on Mr. Money Mustache tells the more interesting story:
http://www.mrmoneymustache.com/2012/05/26/guest-posting-financialindependence-
23-years-later/
Finally, if you want to know something of his core philosophy, the Manifesto
can be found here: http://jlcollinsnh.wordpress.com/manifesto/